Rebalance record, Mid and small

Data as of 11 May 2026

Microcap rebalance history

Microcap rebalance history is the record of every published model rebalance since 14 May 2021: 132 cycles with the names in and out. Record to 11 May 2026.

Published rebalances: 132since 14 May 2021
Cadence: Every 2 weeksabout 26 a year
Latest published: 11 May 202648 names on the list
Average turnover: 16%of the list, cycles with changes

Download the record as CSV

Turnover at each rebalanceMay 2021 to 11 May 2026, 131 cycles

Share of the list that changed, model record. Highest 38%.

A perspective grid running to a glowing horizon, a rising line drawn above it

01The latest cycle

11 May 2026: 18 out, 0 in, 48 held.

Only what changes is traded and charged. Tap a name to change it yourself.

And 42 more names held, unchanged.

Names changed18 of 48

Value traded₹37,500

Fee, 0.2%₹75

Illustration on ₹1,00,000 at equal weights: the value traded is the share of the list that changed, the fee 0.2% of that. Tickers from the published model record, not actual client trades. If nothing trades, nothing is charged.

₹100 in Microcap became about ₹534 in the model

The model portfolio these lists describe, rebased to 100, after charges. The Nifty 50 TRI is drawn as its CAGR line, not the daily index. Model, back tested, not actual client returns. Source: RupeeCase published model record (lineup.json), monthly. As of 31 Jul 2026.

Microcap fell at most 25.3% below its model high, month end to month end

Fall from the previous model high at each month end; 0% means a new high. Lowest: Microcap −25.3% at Feb 2025. Monthly points, so the daily low was deeper. Model, back tested, not actual client returns. Source: RupeeCase published model record (lineup.json), monthly. As of 31 Jul 2026.

02Every rebalance

132 published rebalances, newest first.

The newest 12 with their names; older cycles below, 12 at a time.

Turnover of the last 12 Microcap rebalances, highest 38% on 11 May 2026

Names changed at each published rebalance over the names on the new list. A cycle with no change shows 0%. Model, back tested, not actual client returns. Source: RupeeCase published rebalance lists. As of 11 May 2026.

Find a ticker in the record

Only cycles with changes

132 rebalances

2026
11 May 202648 names on the list

In
+0
Out
−18
Held
48
Turnover
38%

On ₹1,00,000 at equal weight this cycle traded about ₹37,500, fee ₹75 at 0.2%.

Out, 18
KSBTHANGAMAYLOSWALPUMPSAWFISIMFAWAAREERTLRTNINDIAGAELSHRIPISTONGOKEXMAHSEAMLESASTRAMICROALIVUSLUMAXTECHKRBLSTAREPLAKUMS
8 May 202666 names on the list

In
+19
Out
−18
Held
47
Turnover
29%

On ₹1,00,000 at equal weight this cycle traded about ₹28,788, fee ₹58 at 0.2%.

In, 19
BALAMINES JAIBALAJI PTC ASHAPURMIN MIDHANI POWERMECH OPTIEMUS PRUDENT TIPSMUSIC EMIL TANLA ADVENZYMES SHAILY DBREALTY MANORAMA LXCHEM EQUITASBNK BORORENEW JSFB
Out, 18
MTARTECHENTEROELECTCASTARVINDJAMNAAUTORENUKACIEINDIASOUTHBANKDCBBANKPRIVISCLACIAVALONUJJIVANSFBSHARDACROPASKAUTOLTDMEDPLUSFEDFINAPRICOLLTD
24 Apr 202665 names on the list

In
+15
Out
−17
Held
50
Turnover
26%

On ₹1,00,000 at equal weight this cycle traded about ₹26,154, fee ₹52 at 0.2%.

In, 15
LLOYDSENT EIEL APOLLO LLOYDSENGG AZADOSWALPUMPSAWFISHCC KIRLPNUWAAREERTLRTNINDIASKIPPER DIACABSGOKEXKRBL
Out, 17
ACUTAAS BELRISECEIGALLZYDUSWELLANURASSHAILYINGERRANDBLACKBUCKRATNAMANITIGALLANTT PTCYATHARTHPGILHEMIPROPSANDUMAFIEMIND
10 Apr 202667 names on the list

In
+19
Out
−7
Held
48
Turnover
28%

On ₹1,00,000 at equal weight this cycle traded about ₹28,358, fee ₹57 at 0.2%.

In, 19
PFOCUS WEBELSOLAR CUPID GOKULAGRO KSB TMB JAYNECOIND QPOWERELECTCASTAKUMSMAHSEAMLESINOXINDIAEPLRENUKAANUP PNGJLASKAUTOLTDFEDFINAPRAJIND
Out, 7
AZADVIYASHEDELWEISSFINEORGGMRP&UIMANORAMA DIACABS
27 Mar 202655 names on the list

In
+6
Out
−8
Held
49
Turnover
15%

On ₹1,00,000 at equal weight this cycle traded about ₹14,545, fee ₹29 at 0.2%.

In, 6
ACUTAASZYDUSWELLSHAILYENTEROACIPTC
Out, 8
EASEMYTRIPTVSSCSWABAG RAIN EQUITASBNKGPPLCCAVENUEEPL
13 Mar 202657 names on the list

In
+7
Out
−12
Held
50
Turnover
21%

On ₹1,00,000 at equal weight this cycle traded about ₹21,053, fee ₹42 at 0.2%.

In, 7
BELRISE ASTRAMICROMEDPLUSSTARPARASALIVUSGALLANTT
Out, 12
GOKEXPTCACIMIDHANI KIRLPNUVAIBHAVGBLNAZARAABDL RATEGAINENTEROGATEWAYCARTRADE
Average turnover by year, highest in 2026 at 21%
Names changed over names on the new list, averaged over the cycles with a change in each calendar year. Model, back tested, not actual client returns. Source: RupeeCase published rebalance lists, NSE sector classification of 9 Oct 2026. As of 11 May 2026.
27 Feb 202662 names on the list

In
+14
Out
−13
Held
48
Turnover
23%

On ₹1,00,000 at equal weight this cycle traded about ₹22,581, fee ₹45 at 0.2%.

In, 14
KRNEASEMYTRIPINGERRANDYATHARTHAZAD SKYGOLDTVSSCSRATNAMANIFINEORGGMRP&UIWABAG DIACABSHEMIPROPEPL
Out, 13
CSBBANKIIFLCAPSTHYROCARETARCMOILSTARAARTIPHARMZYDUSWELLMEDPLUSPARASPCJEWELLERSUPRIYACIGNITITEC
13 Feb 202661 names on the list

In
+10
Out
−8
Held
51
Turnover
16%

On ₹1,00,000 at equal weight this cycle traded about ₹16,393, fee ₹33 at 0.2%.

In, 10
STLTECH ARVINDGOKEXPTCACIAVALONVAIBHAVGBLMANORAMAGATEWAYCCAVENUE
Out, 8
BANCOINDIAGABRIELINDIAGLYCOTEGAMAHLIFEETHOSLTDRELIGAREIXIGO
30 Jan 202659 names on the list

In
+8
Out
−5
Held
51
Turnover
14%

On ₹1,00,000 at equal weight this cycle traded about ₹13,559, fee ₹27 at 0.2%.

In, 8
AARTIPHARMCIEINDIAKIRLPNUEDELWEISSPARASPCJEWELLERSUPRIYACIGNITITEC
Out, 5
SHAILYVARROCYATHARTHEUREKAFORBLLOYDSENT
16 Jan 202656 names on the list

In
+7
Out
−7
Held
49
Turnover
13%

On ₹1,00,000 at equal weight this cycle traded about ₹12,500, fee ₹25 at 0.2%.

In, 7
EQUITASBNKENTEROMIDHANINAZARAZYDUSWELLMEDPLUSRELIGARE
Out, 7
CIGNITITECHCGINDIGOPNTSDIACABS PRUDENT GALLANTTSAFARI
2 Jan 202656 names on the list

In
+7
Out
−4
Held
49
Turnover
13%

On ₹1,00,000 at equal weight this cycle traded about ₹12,500, fee ₹25 at 0.2%.

In, 7
RAINIIFLCAPSCSBBANKCEIGALLTARCLLOYDSENTMOIL
Out, 4
KRBLGOKEXIFBINDARVIND
2025
19 Dec 202553 names on the list

In
+3
Out
−7
Held
50
Turnover
13%

On ₹1,00,000 at equal weight this cycle traded about ₹13,208, fee ₹26 at 0.2%.

In, 3
SHARDACROPGAELPRUDENT
Out, 7
SKYGOLDCSBBANKAVALONCCAVENUESUBROSBORORENEWDATAMATICS
5 Dec 202557 names, +8 −7, turnover 14%, fee ₹28
21 Nov 202556 names, +6 −9, turnover 16%, fee ₹32
7 Nov 202559 names, +8 −8, turnover 14%, fee ₹27
24 Oct 202559 names, +9 −10, turnover 17%, fee ₹34
10 Oct 202560 names, +10 −11, turnover 18%, fee ₹37
26 Sep 202561 names, +9 −12, turnover 20%, fee ₹39
12 Sep 202564 names, +14 −8, turnover 22%, fee ₹44
29 Aug 202558 names, +8 −9, turnover 16%, fee ₹31
15 Aug 202559 names, +9 −10, turnover 17%, fee ₹34
1 Aug 202560 names, +10 −10, turnover 17%, fee ₹33
18 Jul 202560 names, +9 −10, turnover 17%, fee ₹33
4 Jul 202561 names, +11 −13, turnover 21%, fee ₹43
20 Jun 202563 names, +8 −16, turnover 25%, fee ₹51
6 Jun 202571 names, +19 −12, turnover 27%, fee ₹54
23 May 202564 names, +15 −12, turnover 23%, fee ₹47
9 May 202561 names, +10 −11, turnover 18%, fee ₹36
25 Apr 202562 names, +12 −11, turnover 19%, fee ₹39
11 Apr 202561 names, +11 −7, turnover 18%, fee ₹36
28 Mar 202557 names, +8 −13, turnover 23%, fee ₹46
14 Mar 202562 names, +12 −8, turnover 19%, fee ₹39
28 Feb 202558 names, +6 −12, turnover 21%, fee ₹41
14 Feb 202564 names, +10 −5, turnover 16%, fee ₹31
31 Jan 202559 names, +7 −2, turnover 12%, fee ₹24
17 Jan 202554 names, +2 −5, turnover 9%, fee ₹19
3 Jan 202557 names, +2 −13, turnover 23%, fee ₹46
2024
20 Dec 202468 names, +16 −5, turnover 24%, fee ₹47
6 Dec 202457 names, +7 −6, turnover 12%, fee ₹25
22 Nov 202456 names, +6 −5, turnover 11%, fee ₹21
8 Nov 202455 names, +5 −4, turnover 9%, fee ₹18
25 Oct 202454 names, +5 −5, turnover 9%, fee ₹19
11 Oct 202454 names, +4 −5, turnover 9%, fee ₹19
27 Sep 202455 names, +3 −9, turnover 16%, fee ₹33
13 Sep 202461 names, +11 −8, turnover 18%, fee ₹36
30 Aug 202458 names, +8 −9, turnover 16%, fee ₹31
16 Aug 202459 names, +8 −7, turnover 14%, fee ₹27
2 Aug 202458 names, +9 −7, turnover 16%, fee ₹31
19 Jul 202456 names, +5 −11, turnover 20%, fee ₹39
5 Jul 202462 names, +13 −9, turnover 21%, fee ₹42
21 Jun 202458 names, +8 −7, turnover 14%, fee ₹28
7 Jun 202457 names, +8 −7, turnover 14%, fee ₹28
24 May 202456 names, +7 −3, turnover 13%, fee ₹25
10 May 202452 names, +4 −6, turnover 12%, fee ₹23
26 Apr 202454 names, +7 −7, turnover 13%, fee ₹26
12 Apr 202454 names, +6 −5, turnover 11%, fee ₹22
29 Mar 202453 names, +4 −5, turnover 9%, fee ₹19
15 Mar 202454 names, +2 −4, turnover 7%, fee ₹15
1 Mar 202456 names, +8 −9, turnover 16%, fee ₹32
16 Feb 202457 names, +7 −8, turnover 14%, fee ₹28
2 Feb 202458 names, +9 −7, turnover 16%, fee ₹31
19 Jan 202456 names, +8 −11, turnover 20%, fee ₹39
5 Jan 202459 names, +10 −8, turnover 17%, fee ₹34
2023
22 Dec 202357 names, +7 −7, turnover 12%, fee ₹25
8 Dec 202357 names, +5 −7, turnover 12%, fee ₹25
24 Nov 202359 names, +10 −5, turnover 17%, fee ₹34
10 Nov 202354 names, +4 −7, turnover 13%, fee ₹26
27 Oct 202357 names, +7 −8, turnover 14%, fee ₹28
13 Oct 202358 names, +6 −5, turnover 10%, fee ₹21
29 Sep 202357 names, +5 −3, turnover 9%, fee ₹18
15 Sep 202355 names, +6 −10, turnover 18%, fee ₹36
1 Sep 202359 names, +8 −10, turnover 17%, fee ₹34
18 Aug 202361 names, +8 −8, turnover 13%, fee ₹26
4 Aug 202361 names, +9 −7, turnover 15%, fee ₹30
21 Jul 202359 names, +7 −5, turnover 12%, fee ₹24
7 Jul 202357 names, +6 −10, turnover 18%, fee ₹35
23 Jun 202361 names, +9 −11, turnover 18%, fee ₹36
9 Jun 202363 names, +11 −10, turnover 17%, fee ₹35
26 May 202362 names, +9 −7, turnover 15%, fee ₹29
12 May 202360 names, +9 −12, turnover 20%, fee ₹40
28 Apr 202363 names, +13 −6, turnover 21%, fee ₹41
14 Apr 202356 names, +6 −4, turnover 11%, fee ₹21
31 Mar 202354 names, +4 −5, turnover 9%, fee ₹19
17 Mar 202355 names, +4 −7, turnover 13%, fee ₹25
3 Mar 202358 names, +8 −5, turnover 14%, fee ₹28
17 Feb 202355 names, +5 −6, turnover 11%, fee ₹22
3 Feb 202356 names, +4 −6, turnover 11%, fee ₹21
20 Jan 202358 names, +8 −4, turnover 14%, fee ₹28
6 Jan 202354 names, +5 −10, turnover 19%, fee ₹37
2022
23 Dec 202259 names, +9 −11, turnover 19%, fee ₹37
9 Dec 202261 names, +12 −7, turnover 20%, fee ₹39
25 Nov 202256 names, +8 −5, turnover 14%, fee ₹29
11 Nov 202253 names, +4 −7, turnover 13%, fee ₹26
28 Oct 202256 names, +6 −2, turnover 11%, fee ₹21
14 Oct 202252 names, +4 −11, turnover 21%, fee ₹42
30 Sep 202259 names, +10 −15, turnover 25%, fee ₹51
16 Sep 202264 names, +15 −9, turnover 23%, fee ₹47
2 Sep 202258 names, +10 −8, turnover 17%, fee ₹34
19 Aug 202256 names, +7 −11, turnover 20%, fee ₹39
5 Aug 202260 names, +9 −14, turnover 23%, fee ₹47
22 Jul 202265 names, +15 −8, turnover 23%, fee ₹46
8 Jul 202258 names, +6 −5, turnover 10%, fee ₹21
24 Jun 202257 names, +4 −8, turnover 14%, fee ₹28
10 Jun 202261 names, +11 −6, turnover 18%, fee ₹36
27 May 202256 names, +6 −7, turnover 13%, fee ₹25
13 May 202257 names, +6 −13, turnover 23%, fee ₹46
29 Apr 202264 names, +13 −5, turnover 20%, fee ₹41
15 Apr 202256 names, +5 −7, turnover 13%, fee ₹25
1 Apr 202258 names, +8 −5, turnover 14%, fee ₹28
18 Mar 202255 names, +4 −3, turnover 7%, fee ₹15
4 Mar 202254 names, +3 −3, turnover 6%, fee ₹11
18 Feb 202254 names, +3 −3, turnover 6%, fee ₹11
4 Feb 202254 names, +4 −9, turnover 17%, fee ₹33
21 Jan 202259 names, +9 −3, turnover 15%, fee ₹31
7 Jan 202253 names, +3 −4, turnover 8%, fee ₹15
2021
24 Dec 202154 names, +3 −3, turnover 6%, fee ₹11
10 Dec 202154 names, +4 −8, turnover 15%, fee ₹30
26 Nov 202158 names, +7 −3, turnover 12%, fee ₹24
12 Nov 202154 names, +3 −5, turnover 9%, fee ₹19
29 Oct 202156 names, +6 −11, turnover 20%, fee ₹39
15 Oct 202161 names, +10 −5, turnover 16%, fee ₹33
1 Oct 202156 names, +6 −5, turnover 11%, fee ₹21
17 Sep 202155 names, +4 −5, turnover 9%, fee ₹18
3 Sep 202156 names, +7 −2, turnover 13%, fee ₹25
20 Aug 202151 names, +2 −6, turnover 12%, fee ₹24
6 Aug 202155 names, +4 −11, turnover 20%, fee ₹40
23 Jul 202162 names, +8 −6, turnover 13%, fee ₹26
9 Jul 202160 names, +8 −12, turnover 20%, fee ₹40
25 Jun 202164 names, +10 −9, turnover 16%, fee ₹31
11 Jun 202163 names, +11 −7, turnover 17%, fee ₹35
28 May 202159 names, +10 −0, turnover 17%, fee ₹34
14 May 202149 names

Turnover: names changed over names on the new list. Fee: 0.2% of the share traded, on ₹1,00,000 at equal weight, an illustration. Model, back tested rebalance record of the 18 RupeeCase index algos, published lists May 2021 to 3 Jul 2026. Tickers are not recommendations. No price data on this page.

An isometric field of teal blocks of different heights on navy

03Sector weight by year

What the list was made of.

Average composition of the published lists in each year, equity names at equal weight, NSE sectors. ETF sleeves sit outside the bars.

2021

2022

2023

2024

2025

2026

Capital Goods
Automobile and Auto Components
Chemicals
Fast Moving Consumer Goods
Financial Services
Consumer Durables
Healthcare
Construction
Other

New names entering Microcap each year, most in 2025

Names added across all rebalances in each calendar year (2021: 16 rebalances, 2022: 26 rebalances, 2023: 26 rebalances, 2024: 26 rebalances, 2025: 26 rebalances, 2026: 11 rebalances). Model, back tested, not actual client returns. Source: RupeeCase published rebalance lists. As of 11 May 2026.

04Sector shifts

Moves of 10 points or more.

No single rebalance moved a sector by 10 points or more.

05Documents

The record, to reuse.

Same family, Mid and small

06In the app

What a rebalance looks like.

A due rebalance shows on your Dashboard; you open the portfolio, read the confirm sheet and accept before any order goes to your broker. The strategy keeps the turnover of every rebalance on record.

1A due rebalance shows on the Dashboard and as a badge on the tab bar.
2The portfolio says a rebalance is due.
3Confirm rebalance says when it fell due and asks for your consent.
4The strategy’s History tab records the turnover at every rebalance in the model record.
5Every rebalance in the model record: the date, the turnover and the stocks added and removed.

Screens from the RupeeCase app. The record screens show one strategy's published model record; portfolio screens are a sample for illustration.

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From the record to the strategy.

Community

Join my WhatsApp group.

Scan the code, fillFill one short form, and join my WhatsApp group. Slides, sources, factsheets and the rebalance logs live there, and members join a daily Google Meet with me.

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07Questions

Microcap rebalances, in plain words

How often does Microcap rebalance?

Every 2 weeks on the published schedule, about 26 times a year. The record holds 132 published rebalances from 14 May 2021 to 11 May 2026; on 131 of them at least one name changed, with an average turnover of 16% of the list.

What does a rebalance cost?

0.2% of the value traded, nothing on the names that stay. On ₹1,00,000 at equal weight a cycle that changes 16% of the list trades about ₹15,914 and costs about ₹32. If nothing changes, nothing is charged. There is no subscription, AUM fee or performance fee.

Can I download the record?

Yes: the CSV (every published list with its date) and the JSON used by this page are free to reuse under CC BY 4.0 with attribution to RupeeCase. Lists are equal weighted at the stock level; the files carry names and dates, not weights or prices.

Invest in Microcap.

Every rebalance lands as orders in your own broker account; you approve, the shares sit in your demat, and the fee is 0.2% of the value traded, nothing else.

Model, back tested rebalance record of the 18 RupeeCase index algos, published lists May 2021 to 3 Jul 2026. Tickers are not recommendations. No price data on this page.