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Large Cap Multi Asset | Rebalance History

86 rebalances since 2021-05-14. Every IN, OUT, and retained holding per cycle. Rules-based, no discretion. The model decides; we publish what it decided.

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Sector rotation

86 rebalances . 8 sectors touched . 6 live today.

Darker cell . higher weight . blank . sector not held
Diversified
32%
Power & Utilities
23%
Metals & Mining
18%
Capital Goods
14%
Banking & Financial
9%
FMCG & Consumer
5%
Energy & Oil & Gas
out
Pharma & Healthcare
out
202120222023202420252026
Equal weighted at the stock level . source rebalance CSV . sector map curated against NSE listings . 2 sectors previously held now exited
Latest move . 2026-05-01 to 2026-05-08
In
Diversified +14ppPower & Utilities +5ppCapital Goods +9pp
tickers added: ADANIGREEN ADANIENT VBL SIEMENS CGPOWER NESTLEIND ADANIPORTS ENRIN LODHA HAL HINDZINC
Out
Energy & Oil & Gas out (was 9%)Pharma & Healthcare out (was 5%)Banking & Financial -9ppFMCG & Consumer -5pp
tickers removed: UNIONBANK COALINDIA CUMMINSIND ONGC SBIN DMART JINDALSTEL TORNTPHARM TITAN POWERGRID TVSMOTOR
Rotation events . shifts 10pp or more
  1. 2026-05-08 Diversified +14pp added ADANIGREEN, ADANIENT, VBL, SIEMENS, CGPOWER, NESTLEIND, ADANIPORTS, ENRIN, LODHA, HAL, HINDZINC . removed UNIONBANK, COALINDIA, CUMMINSIND, ONGC, SBIN, DMART, JINDALSTEL, TORNTPHARM, TITAN, POWERGRID, TVSMOTOR
  2. 2026-04-10 Diversified -14pp added ADANIPOWER, UNIONBANK, CUMMINSIND, DMART, ADANIENSOL, TATAPOWER . removed HINDZINC, CGPOWER, MOTHERSON, CANBK, BEL, BANKBARODA
  3. 2026-01-16 Diversified -14pp added TITAN, COALINDIA, PNB, TORNTPHARM, TATASTEEL, GODREJCP . removed ASIANPAINT, ADANIENSOL, IOC, HCLTECH, RELIANCE, TECHM
  4. 2025-10-24 Banking & Financial +14pp added SHRIRAMFIN, HINDZINC, BANKBARODA, AXISBANK, SBIN, PNB, IOC . removed CGPOWER, DMART, MOTHERSON, ADANIGREEN, JINDALSTEL, ADANIENT, ADANIPORTS
  5. 2025-09-26 Power & Utilities +14pp, Diversified -14pp added CGPOWER, MOTHERSON, JSWSTEEL, CANBK, ADANIENSOL, ADANIGREEN, ADANIENT, ADANIPORTS, CHOLAFIN . removed JIOFIN, HINDUNILVR, TORNTPHARM, SBILIFE, HDFCLIFE, ASIANPAINT, BHARTIARTL, ZYDUSLIFE, TITAN
  6. 2025-08-29 Diversified -18pp, Metals & Mining +14pp added HYUNDAI, DMART, HINDUNILVR, HDFCLIFE, HINDALCO, ASIANPAINT, JINDALSTEL, TATASTEEL, ZYDUSLIFE, TITAN . removed MAXHEALTH, BPCL, AMBUJACEM, CANBK, DLF, HDFCBANK, ADANIPORTS, ICICIBANK, IOC, PNB
  7. 2025-04-11 Metals & Mining -18pp added HAL, GODREJCP, HDFCLIFE, DMART, ADANIENSOL, BANKBARODA, TATACONSUM, NTPC, BPCL, UNITDSPR . removed HINDALCO, JSWSTEEL, INDIGO, TATASTEEL, JINDALSTEL, WIPRO, CIPLA, VEDL, BEL, NESTLEIND
  8. 2025-03-14 Diversified -23pp, Metals & Mining +18pp added HINDALCO, SHRIRAMFIN, TATASTEEL, JINDALSTEL, CIPLA, VEDL, BEL, NESTLEIND . removed TATACONSUM, TVSMOTOR, TECHM, EICHERMOT, M&M, INFY, NAUKRI, HCLTECH
  9. 2025-02-14 Diversified +14pp added BAJAJFINSV, TATACONSUM, TVSMOTOR, CHOLAFIN, EICHERMOT, INDIGO, JSWSTEEL . removed ETERNAL, TORNTPHARM, SUNPHARMA, DRREDDY, TCS, TITAN, CGPOWER
  10. 2024-11-22 Diversified +14pp added MAXHEALTH, JSWENERGY, HDFCBANK, ICICIBANK, JSWSTEEL, BEL, WIPRO . removed SHRIRAMFIN, TORNTPHARM, INDIGO, NTPC, ICICIGI, TVSMOTOR, INFY
  11. 2023-09-01 Diversified -11pp added ADANIPOWER, SOLARINDS, JSWENERGY, NTPC, VBL . removed MAXHEALTH, HDFCLIFE, DLF, ICICIGI, NAUKRI
  12. 2023-05-12 Diversified +12pp added IRFC, CHOLAFIN, ETERNAL, INDIGO, DLF, NESTLEIND, INDHOTEL . removed ADANIPORTS, NTPC, MAXHEALTH, CANBK
  13. 2023-04-14 Diversified -10pp added ADANIGREEN, BAJAJ-AUTO, DRREDDY, GODREJCP, ONGC . removed IRFC, BRITANNIA, TVSMOTOR, M&M, CHOLAFIN, HDFCBANK, HCLTECH
  14. 2023-03-17 Metals & Mining -11pp added ADANIPOWER, GAIL, HAL, ABB, ADANIPORTS, NTPC, MAXHEALTH . removed SOLARINDS, HINDZINC, AXISBANK, ADANIENT, IOC, TATASTEEL, HINDALCO
  15. 2023-01-20 Metals & Mining +12pp added HINDZINC, IOC, TATASTEEL, ZYDUSLIFE, HINDALCO . removed ADANIPOWER, HCLTECH, BEL, ITC, ABB
+11 added -11 removed 11 retained 22 holdings
InADANIGREENADANIENTVBLSIEMENSCGPOWERNESTLEINDADANIPORTSENRINLODHAHALHINDZINC
OutUNIONBANKCOALINDIACUMMINSINDONGCSBINDMARTJINDALSTELTORNTPHARMTITANPOWERGRIDTVSMOTOR
+0 added -0 removed 22 retained 22 holdings
+6 added -6 removed 16 retained 22 holdings
InADANIPOWERUNIONBANKCUMMINSINDDMARTADANIENSOLTATAPOWER
OutHINDZINCCGPOWERMOTHERSONCANBKBELBANKBARODA
+0 added -0 removed 22 retained 22 holdings
+4 added -4 removed 18 retained 22 holdings
InCGPOWERCOALINDIAPOWERGRIDBANKBARODA
OutJSWSTEELIOCAXISBANKBPCL
+0 added -0 removed 22 retained 22 holdings
+8 added -8 removed 14 retained 22 holdings
InJINDALSTELPFCONGCJSWSTEELIOCNTPCBELAXISBANK
OutBANKBARODACOALINDIAPNBSBILIFEM&MLTGODREJCPADANIPOWER
+0 added -0 removed 22 retained 22 holdings
+6 added -6 removed 16 retained 22 holdings
InTITANCOALINDIAPNBTORNTPHARMTATASTEELGODREJCP
OutASIANPAINTADANIENSOLIOCHCLTECHRELIANCETECHM
+0 added -0 removed 22 retained 22 holdings
+5 added -5 removed 17 retained 22 holdings
InHINDZINCMOTHERSONHCLTECHRELIANCETECHM
OutPNBBELBHARTIARTLTITANJSWSTEEL
+0 added -0 removed 22 retained 22 holdings
+7 added -7 removed 15 retained 22 holdings
InBPCLASIANPAINTSBILIFEVEDLLTBHARTIARTLTITAN
OutETERNALBAJFINANCEHYUNDAIHINDZINCAXISBANKTATASTEELCHOLAFIN
+0 added -0 removed 22 retained 22 holdings
+7 added -7 removed 15 retained 22 holdings
InSHRIRAMFINHINDZINCBANKBARODAAXISBANKSBINPNBIOC
OutCGPOWERDMARTMOTHERSONADANIGREENJINDALSTELADANIENTADANIPORTS
+0 added -0 removed 22 retained 22 holdings
+9 added -9 removed 13 retained 22 holdings
InCGPOWERMOTHERSONJSWSTEELCANBKADANIENSOLADANIGREENADANIENTADANIPORTSCHOLAFIN
OutJIOFINHINDUNILVRTORNTPHARMSBILIFEHDFCLIFEASIANPAINTBHARTIARTLZYDUSLIFETITAN
+0 added -0 removed 22 retained 22 holdings
+10 added -10 removed 12 retained 22 holdings
InHYUNDAIDMARTHINDUNILVRHDFCLIFEHINDALCOASIANPAINTJINDALSTELTATASTEELZYDUSLIFETITAN
OutMAXHEALTHBPCLAMBUJACEMCANBKDLFHDFCBANKADANIPORTSICICIBANKIOCPNB
+0 added -0 removed 22 retained 22 holdings
+7 added -7 removed 15 retained 22 holdings
InTORNTPHARMAMBUJACEMM&MICICIBANKIOCADANIPOWERPNB
OutMAZDOCKLICIHDFCLIFERELIANCEICICIGIGRASIMLODHA
+0 added -0 removed 22 retained 22 holdings
+5 added -5 removed 17 retained 22 holdings
InMAXHEALTHBHARTIARTLICICIGIGRASIMETERNAL
OutIRFCPNBICICIBANKMOTHERSONTATASTEEL
+0 added -0 removed 22 retained 22 holdings
+10 added -10 removed 12 retained 22 holdings
InCANBKDLFLICIADANIPORTSLODHAJIOFINIRFCPNBMOTHERSONTATASTEEL
OutHALBHARTIARTLTATACONSUMADANIENSOLUNITDSPRM&MGODREJCPBAJAJFINSVCHOLAFINAXISBANK
+0 added -0 removed 22 retained 22 holdings
+6 added -6 removed 16 retained 22 holdings
InSBILIFETVSMOTORM&MBELRELIANCEAXISBANK
OutSHRIRAMFINDMARTBANKBARODAMAXHEALTHNTPCINDHOTEL
+0 added -0 removed 22 retained 22 holdings
+10 added -10 removed 12 retained 22 holdings
InHALGODREJCPHDFCLIFEDMARTADANIENSOLBANKBARODATATACONSUMNTPCBPCLUNITDSPR
OutHINDALCOJSWSTEELINDIGOTATASTEELJINDALSTELWIPROCIPLAVEDLBELNESTLEIND
+0 added -0 removed 22 retained 22 holdings
+8 added -8 removed 14 retained 22 holdings
InHINDALCOSHRIRAMFINTATASTEELJINDALSTELCIPLAVEDLBELNESTLEIND
OutTATACONSUMTVSMOTORTECHMEICHERMOTM&MINFYNAUKRIHCLTECH
+0 added -0 removed 22 retained 22 holdings
+7 added -7 removed 15 retained 22 holdings
InBAJAJFINSVTATACONSUMTVSMOTORCHOLAFINEICHERMOTINDIGOJSWSTEEL
OutETERNALTORNTPHARMSUNPHARMADRREDDYTCSTITANCGPOWER
+0 added -0 removed 22 retained 22 holdings
+5 added -5 removed 17 retained 22 holdings
InSUNPHARMADRREDDYBAJFINANCETCSTITAN
OutLODHAVEDLBELDLFINDIGO
+0 added -0 removed 22 retained 22 holdings
+5 added -5 removed 17 retained 22 holdings
InLODHATORNTPHARMINFYDLFINDIGO
OutJSWENERGYMOTHERSONJSWSTEELSUNPHARMAHDFCLIFE
+0 added -0 removed 22 retained 22 holdings
+7 added -7 removed 15 retained 22 holdings
InMAXHEALTHJSWENERGYHDFCBANKICICIBANKJSWSTEELBELWIPRO
OutSHRIRAMFINTORNTPHARMINDIGONTPCICICIGITVSMOTORINFY
+1 added -6 removed 21 retained 22 holdings
InLIQUIDCASE
OutJSWENERGYCHOLAFINMAXHEALTHBAJAJFINSVHAVELLSSBILIFE
+3 added -5 removed 24 retained 27 holdings
InHCLTECHNTPCHDFCLIFE
OutBELZYDUSLIFEONGCHALIRFC
+7 added -5 removed 22 retained 29 holdings
InBHARTIARTLCHOLAFININDHOTELINDIGOMAXHEALTHBAJAJFINSVHAVELLS
OutHINDZINCLICIRECLTDGAILHDFCLIFE
+5 added -6 removed 22 retained 27 holdings
InTVSMOTORICICIGISUNPHARMATECHMSBILIFE
OutLODHAADANIPOWERINDIGOJINDALSTELBHARTIARTLPFC
+5 added -2 removed 23 retained 28 holdings
InONGCLICIINFYTORNTPHARMHDFCLIFE
OutTRENTHAVELLS
+2 added -6 removed 23 retained 25 holdings
InSHRIRAMFINNAUKRI
OutPNBTATAPOWERCANBKBPCLEICHERMOTIOC
+7 added -6 removed 22 retained 29 holdings
InMAZDOCKM&MMOTHERSONLODHAJINDALSTELHAVELLSPFC
OutADANIGREENDLFADANIPORTSDMARTINDHOTELCOALINDIA
+6 added -4 removed 22 retained 28 holdings
InVEDLHINDZINCGAILCGPOWERBHARTIARTLEICHERMOT
OutPFCLICIVBLONGC
+5 added -1 removed 21 retained 26 holdings
InJSWENERGYHALBELDMARTINDIGO
OutMAXHEALTH
+1 added -7 removed 21 retained 22 holdings
InINDHOTEL
OutLODHAHALBELMAZDOCKGAILTATACONSUMNTPC
+7 added -3 removed 21 retained 28 holdings
InBPCLCOALINDIACANBKONGCMAXHEALTHZYDUSLIFEVBL
OutADANIENSOLADANIENTTVSMOTOR
+2 added -6 removed 22 retained 24 holdings
InGAILTATACONSUM
OutCOALINDIAVBLJSWENERGYBPCLTORNTPHARMLT
+6 added -3 removed 22 retained 28 holdings
InADANIGREENADANIENSOLADANIPORTSTATAPOWERADANIENTLICI
OutCHOLAFINSHRIRAMFINCANBK
+4 added -2 removed 21 retained 25 holdings
InHALBPCLTORNTPHARMIOC
OutCGPOWERTATAPOWER
+1 added -6 removed 22 retained 23 holdings
InDLF
OutSOLARINDSCIPLAZYDUSLIFEHALMOTHERSONDRREDDY
+4 added -4 removed 24 retained 28 holdings
InCOALINDIATVSMOTORCANBKTATAPOWER
OutABBINDIGOJINDALSTELTORNTPHARM
+5 added -5 removed 23 retained 28 holdings
InADANIPOWERSOLARINDSJSWENERGYNTPCVBL
OutMAXHEALTHHDFCLIFEDLFICICIGINAUKRI
+7 added -7 removed 21 retained 28 holdings
InMOTHERSONIRFCCIPLADRREDDYJINDALSTELPNBLT
OutADANIENTADANIPOWERVBLTVSMOTORINDHOTELITCBAJAJ-AUTO
+6 added -4 removed 22 retained 28 holdings
InSHRIRAMFINHDFCLIFEBELICICIGITORNTPHARMNAUKRI
OutIRFCSIEMENSNESTLEINDADANIGREEN
+5 added -8 removed 21 retained 26 holdings
InADANIENTLODHATVSMOTORMAXHEALTHTRENT
OutJINDALSTELGAILBANKBARODALTDRREDDYGODREJCPONGCPNB
+7 added -4 removed 22 retained 29 holdings
InIRFCCHOLAFINETERNALINDIGODLFNESTLEINDINDHOTEL
OutADANIPORTSNTPCMAXHEALTHCANBK
+5 added -7 removed 21 retained 26 holdings
InADANIGREENBAJAJ-AUTODRREDDYGODREJCPONGC
OutIRFCBRITANNIATVSMOTORM&MCHOLAFINHDFCBANKHCLTECH
+7 added -7 removed 21 retained 28 holdings
InADANIPOWERGAILHALABBADANIPORTSNTPCMAXHEALTH
OutSOLARINDSHINDZINCAXISBANKADANIENTIOCTATASTEELHINDALCO
+5 added -3 removed 23 retained 28 holdings
InITCCHOLAFINSIEMENSHDFCBANKHCLTECH
OutAMBUJACEMHALINDHOTEL
+5 added -5 removed 21 retained 26 holdings
InHINDZINCIOCTATASTEELZYDUSLIFEHINDALCO
OutADANIPOWERHCLTECHBELITCABB
+4 added -4 removed 22 retained 26 holdings
InBRITANNIALTRECLTDM&M
OutCOALINDIAADANIENSOLEICHERMOTBAJAJFINSV
+5 added -3 removed 21 retained 26 holdings
InIRFCJINDALSTELPNBHCLTECHPFC
OutM&MTRENTPIDILITIND
+2 added -2 removed 22 retained 24 holdings
InAXISBANKCANBK
OutJSWENERGYCHOLAFIN
+1 added -5 removed 23 retained 24 holdings
InAMBUJACEM
OutBAJFINANCEASIANPAINTADANIGREENHINDUNILVRSHRIRAMFIN
+7 added -4 removed 21 retained 28 holdings
InJSWENERGYMAZDOCKCOALINDIASOLARINDSPIDILITINDCHOLAFINTRENT
OutSIEMENSBRITANNIATORNTPHARMNESTLEIND
+4 added -7 removed 21 retained 25 holdings
InBAJAJFINSVBAJFINANCEASIANPAINTBANKBARODA
OutETERNALCOALINDIARELIANCELODHASOLARINDSNTPCPOWERGRID
+6 added -6 removed 22 retained 28 holdings
InEICHERMOTSHRIRAMFINSIEMENSBRITANNIAHINDUNILVRNESTLEIND
OutAMBUJACEMJINDALSTELCHOLAFINTATAPOWERBANKBARODAMAZDOCK
+7 added -6 removed 21 retained 28 holdings
InTVSMOTORETERNALBELRELIANCELODHAABBTORNTPHARM
OutVEDLTRENTHINDALCOCANBKJSWSTEELADANIPORTS
+5 added -5 removed 22 retained 27 holdings
InVBLNTPCAMBUJACEMM&MMAZDOCK
OutONGCTITANJSWENERGYAPOLLOHOSPCIPLA
+5 added -6 removed 22 retained 27 holdings
InADANIENTHALJSWSTEELITCADANIPORTS
OutLODHAAXISBANKABBSBINSUNPHARMAMAXHEALTH
+6 added -5 removed 22 retained 28 holdings
InJINDALSTELCOALINDIAADANIPOWERPOWERGRIDAPOLLOHOSPCIPLA
OutTECHMPIDILITINDADANIENTBAJAJFINSVICICIBANK
+5 added -6 removed 22 retained 27 holdings
InLODHAVEDLAXISBANKSBINSUNPHARMA
OutDMARTAPOLLOHOSPBELWIPRODLFLT
+5 added -3 removed 23 retained 28 holdings
InCHOLAFINBANKBARODAPIDILITINDICICIBANKHINDALCO
OutTVSMOTORBHARTIARTLBAJAJHLDNG
+4 added -5 removed 22 retained 26 holdings
InAPOLLOHOSPBELWIPROLT
OutBANKBARODASBINHINDALCONTPCADANIPOWER
+5 added -5 removed 22 retained 27 holdings
InTVSMOTORADANIGREENBHARTIARTLABBTRENT
OutAPOLLOHOSPNAUKRIHCLTECHBAJFINANCECOALINDIA
+5 added -8 removed 22 retained 27 holdings
InCANBKBANKBARODASBINNTPCADANIPOWER
OutTATASTEELHALWIPROGODREJCPAMBUJACEMTATACONSUMHAVELLSVEDL
+7 added -4 removed 23 retained 30 holdings
InINDHOTELNAUKRIHCLTECHTITANBAJAJHLDNGCOALINDIAONGC
OutJSWSTEELBELADANIPOWERDIVISLAB
+4 added -4 removed 23 retained 27 holdings
InTECHMHALBAJFINANCEDMART
OutABBPIDILITINDSBINZYDUSLIFE
+5 added -4 removed 22 retained 27 holdings
InAMBUJACEMDIVISLABDLFHAVELLSGODREJCP
OutADANIPORTSMOTHERSONJINDALSTELCHOLAFIN
+3 added -1 removed 23 retained 26 holdings
InBELPIDILITINDTATACONSUM
OutSHRIRAMFIN
+3 added -0 removed 21 retained 24 holdings
InSOLARINDSABBMAXHEALTH
Initial portfolio 21 holdings
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