---
title: "Midcap Smallcap Rebalance History | 131 Cycles | RupeeCase"
description: "Every published model rebalance of Midcap Smallcap since 14 May 2021: 131 cycles with names in, out and held, turnover and a 0.2% fee illustration."
source_url: "https://www.rupeecase.com/rebalance/midcap-smallcap/"
---

Rebalance record, Mid and small

        Data as of 8 May 2026

# Midcap Smallcap rebalance history

        **Midcap Smallcap rebalance history** is the record of every published model rebalance since **14 May 2021**: **131 cycles** with the names in and out. **Record to 8 May 2026.**

          Published rebalances131since 14 May 2021

          CadenceEvery 2 weeksabout 26 a year

          Latest published8 May 202657 names on the list

          Average turnover25%of the list, cycles with changes

          [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=midcap-smallcap)
          [Midcap Smallcap strategy page](/strategies/midcap-smallcap)

        [Download the record as CSV](/data/rebalances/midcap-smallcap.csv)

        **Turnover at each rebalance**May 2021 to 8 May 2026, 130 cyclesShare of the list that changed, model record. Highest 47%.

        01The latest cycle

## 8 May 2026: 24 out, 17 in, 40 held.
Only what changes is traded and charged. Tap a name to change it yourself.

          **IDEAFORGE**in**SUNFLAG**in**BHEL**in**COHANCE**in**HCC**in**CYIENTDLM**in**MANINFRA**in**KIRLPNU**in**BALAMINES**in**JAIBALAJI**in**HSCL**in**KPEL**in**SCI**in**SKYGOLD**in**SKIPPER**in**ELECON**in**FUSION**in**GOKULAGRO**out**VEDL**out**ACMESOLAR**out**KIRLOSENG**out**NOCIL**out**KTKBANK**out**MBAPL**out

          And 40 more names held, unchanged.

            Names changed**24 of 57**

            Value traded**₹42,105****

            Fee, 0.2%**₹84**

          Replay 8 May 2026Replay a quiet rebalance

          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 Midcap Smallcap became about ₹737 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.Midcap Smallcap fell at most 23.5% 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: Midcap Smallcap −23.5% 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

## 131 published rebalances, newest first.
The newest 12 with their names; older cycles below, 12 at a time.

        Turnover of the last 12 Midcap Smallcap rebalances, highest 42% on 8 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 8 May 2026.

          Find a ticker in the record

* Only cycles with changes

* 2026
* 2025
* 2024
* 2023
* 2022
* 2021

        131 rebalances

1. 2026
2.
          8 May 202657 names on the list

          In+17
Out−24
Held40
Turnover42%

          On ₹1,00,000 at equal weight this cycle traded about **₹42,105**, fee **₹84** at 0.2%.

          In, 17

[IDEAFORGE](/stocks/IDEAFORGE)[SUNFLAG](/stocks/SUNFLAG)[BHEL](/stocks/BHEL)[COHANCE](/stocks/COHANCE)[HCC](/stocks/HCC)[CYIENTDLM](/stocks/CYIENTDLM)[MANINFRA](/stocks/MANINFRA)[KIRLPNU](/stocks/KIRLPNU)[BALAMINES](/stocks/BALAMINES)[JAIBALAJI](/stocks/JAIBALAJI)[HSCL](/stocks/HSCL)[KPEL](/stocks/KPEL)[SCI](/stocks/SCI)[SKYGOLD](/stocks/SKYGOLD)[SKIPPER](/stocks/SKIPPER)[ELECON](/stocks/ELECON)[FUSION](/stocks/FUSION)

Out, 24

DEEPINDS[PREMIERENE](/stocks/PREMIERENE)SILVER1SILVERIETFSILVERADDSILVERBEESSBISILVERSILVERCASESILVERAXISILVERHDFCSILVERSMSPHARMA[HINDCOPPER](/stocks/HINDCOPPER)SBCZYDUSWELL[AETHER](/stocks/AETHER)[GESHIP](/stocks/GESHIP)[GOKULAGRO](/stocks/GOKULAGRO)[VEDL](/stocks/VEDL)[ACMESOLAR](/stocks/ACMESOLAR)[KIRLOSENG](/stocks/KIRLOSENG)NOCIL[KTKBANK](/stocks/KTKBANK)MBAPL

Show 40 held

3.
          24 Apr 202664 names on the list

          In+23
Out−14
Held41
Turnover36%

          On ₹1,00,000 at equal weight this cycle traded about **₹35,938**, fee **₹72** at 0.2%.

          In, 23

[OLAELEC](/stocks/OLAELEC)[GALLANTT](/stocks/GALLANTT)[QPOWER](/stocks/QPOWER)[LLOYDSENT](/stocks/LLOYDSENT)[MANINDS](/stocks/MANINDS)[EIEL](/stocks/EIEL)[WELCORP](/stocks/WELCORP)[JTLIND](/stocks/JTLIND)[VENUSPIPES](/stocks/VENUSPIPES)[EPIGRAL](/stocks/EPIGRAL)[ANGELONE](/stocks/ANGELONE)[HFCL](/stocks/HFCL)[ADANIGREEN](/stocks/ADANIGREEN)[APOLLO](/stocks/APOLLO)[JAYNECOIND](/stocks/JAYNECOIND)[LLOYDSENGG](/stocks/LLOYDSENGG)[ABDL](/stocks/ABDL)[KRISHANA](/stocks/KRISHANA)MONQ50[GOLDIAM](/stocks/GOLDIAM)[PAISALO](/stocks/PAISALO)[ADANIENSOL](/stocks/ADANIENSOL)[SAMBHV](/stocks/SAMBHV)

Out, 14

[BHARATFORG](/stocks/BHARATFORG)[VTL](/stocks/VTL)QGOLDHALFGOLDCASE[BELRISE](/stocks/BELRISE)BSLGOLDETFGOLDETFGOLD1TATAGOLDSETFGOLDGOLDBEESHDFCGOLDGOLDIETFGROWWGOLD

Show 41 held

4.
          10 Apr 202655 names on the list

          In+14
Out−4
Held41
Turnover25%

          On ₹1,00,000 at equal weight this cycle traded about **₹25,455**, fee **₹51** at 0.2%.

          In, 14

[PFOCUS](/stocks/PFOCUS)[WEBELSOLAR](/stocks/WEBELSOLAR)[CUPID](/stocks/CUPID)DEEPINDS[PREMIERENE](/stocks/PREMIERENE)SMSPHARMAZYDUSWELL[LLOYDSME](/stocks/LLOYDSME)[GOKULAGRO](/stocks/GOKULAGRO)[ACMESOLAR](/stocks/ACMESOLAR)NOCIL[ADANIPOWER](/stocks/ADANIPOWER)[KSB](/stocks/KSB)MBAPL

Out, 4

[TEJASNET](/stocks/TEJASNET)AXISGOLDASHOKLEY[SHRIRAMFIN](/stocks/SHRIRAMFIN)

Show 41 held

5.
          27 Mar 202645 names on the list

          In+4
Out−13
Held41
Turnover29%

          On ₹1,00,000 at equal weight this cycle traded about **₹28,889**, fee **₹58** at 0.2%.

          In, 4

[ATHERENERG](/stocks/ATHERENERG)[AETHER](/stocks/AETHER)[KTKBANK](/stocks/KTKBANK)[BELRISE](/stocks/BELRISE)

Out, 13

EASEMYTRIP[MANINDS](/stocks/MANINDS)[QPOWER](/stocks/QPOWER)[ENGINERSIN](/stocks/ENGINERSIN)[TMB](/stocks/TMB)LUMAXTECHSHARDACROPJAMNAAUTOKARURVYSYA[SBIN](/stocks/SBIN)TARILMRPLUNIONBANK

Show 41 held

6.
          13 Mar 202654 names on the list

          In+5
Out−6
Held49
Turnover11%

          On ₹1,00,000 at equal weight this cycle traded about **₹11,111**, fee **₹22** at 0.2%.

          In, 5

[TEJASNET](/stocks/TEJASNET)[AGIIL](/stocks/AGIIL)HDFCGOLDGOLDBEESAXISGOLD

Out, 6

POKARNA[RAIN](/stocks/RAIN)JKTYRE[SYRMA](/stocks/SYRMA)[AARTIIND](/stocks/AARTIIND)IMFA

Show 49 held

7.
          27 Feb 202655 names on the list

          In+13
Out−12
Held42
Turnover24%

          On ₹1,00,000 at equal weight this cycle traded about **₹23,636**, fee **₹47** at 0.2%.

          In, 13

[KRN](/stocks/KRN)EASEMYTRIP[MANINDS](/stocks/MANINDS)[BHARATFORG](/stocks/BHARATFORG)[QPOWER](/stocks/QPOWER)[ENGINERSIN](/stocks/ENGINERSIN)[PRECWIRE](/stocks/PRECWIRE)[AEROFLEX](/stocks/AEROFLEX)[KIRLOSENG](/stocks/KIRLOSENG)JAMNAAUTO[SBIN](/stocks/SBIN)TARIL[VTL](/stocks/VTL)

Out, 12

[HINDZINC](/stocks/HINDZINC)HDFCGOLDAXISGOLDGOLDBEES[HINDALCO](/stocks/HINDALCO)SOUTHBANKUJJIVANSFBBANKINDIADCBBANKGAEL[ASHAPURMIN](/stocks/ASHAPURMIN)[JTLIND](/stocks/JTLIND)

Show 42 held

8. Average turnover by year, highest in 2025 at 27%

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 8 May 2026.
9.
          13 Feb 202654 names on the list

          In+12
Out−17
Held42
Turnover31%

          On ₹1,00,000 at equal weight this cycle traded about **₹31,481**, fee **₹63** at 0.2%.

          In, 12

[STLTECH](/stocks/STLTECH)SHARDACROP[AVANTIFEED](/stocks/AVANTIFEED)MRPLPOKARNAKARURVYSYA[TDPOWERSYS](/stocks/TDPOWERSYS)[TMB](/stocks/TMB)[SYRMA](/stocks/SYRMA)[AARTIIND](/stocks/AARTIIND)[GESHIP](/stocks/GESHIP)[BLISSGVS](/stocks/BLISSGVS)

Out, 17

CSBBANKIIFLRICOAUTO[IDEA](/stocks/IDEA)GRMOVERIIFLCAPSLTF[SANSERA](/stocks/SANSERA)SANDUMA[LAURUSLABS](/stocks/LAURUSLABS)FEDFINAAUBANKJAMNAAUTOCUBINDIACEMPOCLTARC

Show 42 held

10.
          30 Jan 202659 names on the list

          In+19
Out−9
Held40
Turnover32%

          On ₹1,00,000 at equal weight this cycle traded about **₹32,203**, fee **₹64** at 0.2%.

          In, 19

GOLDIETFTATAGOLDGOLDCASEBSLGOLDETFSETFGOLDHDFCGOLDGOLDETFAXISGOLDGOLDBEESGROWWGOLDQGOLDHALFGOLD1SOUTHBANKUJJIVANSFBUNIONBANKBANKINDIADCBBANK[JTLIND](/stocks/JTLIND)[BAJAJCON](/stocks/BAJAJCON)

Out, 9

AXITAM&MFIN[KIRLOSENG](/stocks/KIRLOSENG)GMBREWSJSCANBKPRICOLLTDABCAPITALTATVA

Show 40 held

11.
          16 Jan 202649 names on the list

          In+9
Out−8
Held40
Turnover18%

          On ₹1,00,000 at equal weight this cycle traded about **₹18,367**, fee **₹37** at 0.2%.

          In, 9

SILVERCASECSBBANKGAELIIFLCAPS[SANSERA](/stocks/SANSERA)[HINDALCO](/stocks/HINDALCO)FEDFINAINDIACEMTARC

Out, 8

LGBBROSLTD[TDPOWERSYS](/stocks/TDPOWERSYS)ZOTAFEDERALBNK[ABDL](/stocks/ABDL)PARAGMILKANURASSOUTHBANK

Show 40 held

12.
          2 Jan 202648 names on the list

          In+6
Out−7
Held42
Turnover15%

          On ₹1,00,000 at equal weight this cycle traded about **₹14,583**, fee **₹29** at 0.2%.

          In, 6

[RAIN](/stocks/RAIN)GMBREWSANDUMA[VEDL](/stocks/VEDL)[LAURUSLABS](/stocks/LAURUSLABS)IIFL

Out, 7

DCBBANK[PRECWIRE](/stocks/PRECWIRE)[PGIL](/stocks/PGIL)[APOLLO](/stocks/APOLLO)CHENNPETROHBLENGINEASAHIINDIA

Show 42 held

13. 2025
14.
          19 Dec 202549 names on the list

          In+7
Out−16
Held42
Turnover33%

          On ₹1,00,000 at equal weight this cycle traded about **₹32,653**, fee **₹65** at 0.2%.

          In, 7

AXITA[HINDCOPPER](/stocks/HINDCOPPER)ASHOKLEY[ASHAPURMIN](/stocks/ASHAPURMIN)PRICOLLTDANURAS[HINDZINC](/stocks/HINDZINC)

Out, 16

GMBREW[THYROCARE](/stocks/THYROCARE)MRPLINDIANBGARUDA[GMDCLTD](/stocks/GMDCLTD)CCLTFCILTDRBLBANKGABRIELVIYASHSANDUMAPSPPROJECT[BHEL](/stocks/BHEL)JSLLSIRCA

Show 42 held

15.
          5 Dec 202558 names on the list

          In+11
Out−10
Held47
Turnover19%

          On ₹1,00,000 at equal weight this cycle traded about **₹18,966**, fee **₹38** at 0.2%.

          In, 11

RICOAUTOJAMNAAUTOM&MFINSBISILVERHDFCSILVERSILVERAXISILVER[NATIONALUM](/stocks/NATIONALUM)[PGIL](/stocks/PGIL)FEDERALBNKASAHIINDIA

Out, 10

SAMMAANCAP[IXIGO](/stocks/IXIGO)[HINDCOPPER](/stocks/HINDCOPPER)[ADANIPOWER](/stocks/ADANIPOWER)YATHARTH[AVALON](/stocks/AVALON)[BAJAJCON](/stocks/BAJAJCON)[KRISHANA](/stocks/KRISHANA)GPILBLACKBUCK

Show 47 held

16. 21 Nov 202557 names, **+17** **−13**, turnover 30%, fee ₹60Names
17. 7 Nov 202553 names, **+12** **−13**, turnover 25%, fee ₹49Names
18. 24 Oct 202554 names, **+12** **−14**, turnover 26%, fee ₹52Names
19. 10 Oct 202556 names, **+16** **−10**, turnover 29%, fee ₹57Names
20. 26 Sep 202550 names, **+10** **−12**, turnover 24%, fee ₹48Names
21. 12 Sep 202552 names, **+12** **−10**, turnover 23%, fee ₹46Names
22. 29 Aug 202550 names, **+9** **−9**, turnover 18%, fee ₹36Names
23. 15 Aug 202550 names, **+10** **−14**, turnover 28%, fee ₹56Names
24. 1 Aug 202554 names, **+11** **−16**, turnover 30%, fee ₹59Names
25. 18 Jul 202559 names, **+19** **−12**, turnover 32%, fee ₹64Names
26. 4 Jul 202552 names, **+11** **−13**, turnover 25%, fee ₹50Names
27. 20 Jun 202554 names, **+13** **−18**, turnover 33%, fee ₹67Names
28. 6 Jun 202559 names, **+25** **−19**, turnover 42%, fee ₹85Names
29. 23 May 202553 names, **+20** **−25**, turnover 47%, fee ₹94Names
30. 9 May 202558 names, **+17** **−13**, turnover 29%, fee ₹59Names
31. 25 Apr 202554 names, **+13** **−18**, turnover 33%, fee ₹67Names
32. 11 Apr 202559 names, **+16** **−12**, turnover 27%, fee ₹54Names
33. 28 Mar 202555 names, **+14** **−14**, turnover 25%, fee ₹51Names
34. 14 Mar 202555 names, **+14** **−9**, turnover 25%, fee ₹51Names
35. 28 Feb 202550 names, **+10** **−10**, turnover 20%, fee ₹40Names
36. 14 Feb 202550 names, **+10** **−9**, turnover 20%, fee ₹40Names
37. 31 Jan 202549 names, **+7** **−3**, turnover 14%, fee ₹29Names
38. 17 Jan 202545 names, **+2** **−8**, turnover 18%, fee ₹36Names
39. 3 Jan 202551 names, **+6** **−13**, turnover 25%, fee ₹51Names
40. 2024
41. 20 Dec 202458 names, **+17** **−6**, turnover 29%, fee ₹59Names
42. 6 Dec 202447 names, **+5** **−9**, turnover 19%, fee ₹38Names
43. 22 Nov 202451 names, **+9** **−10**, turnover 20%, fee ₹39Names
44. 8 Nov 202452 names, **+12** **−9**, turnover 23%, fee ₹46Names
45. 25 Oct 202449 names, **+9** **−8**, turnover 18%, fee ₹37Names
46. 11 Oct 202448 names, **+8** **−12**, turnover 25%, fee ₹50Names
47. 27 Sep 202452 names, **+11** **−12**, turnover 23%, fee ₹46Names
48. 13 Sep 202453 names, **+12** **−12**, turnover 23%, fee ₹45Names
49. 30 Aug 202453 names, **+13** **−11**, turnover 25%, fee ₹49Names
50. 16 Aug 202451 names, **+11** **−13**, turnover 25%, fee ₹51Names
51. 2 Aug 202453 names, **+12** **−12**, turnover 23%, fee ₹45Names
52. 19 Jul 202453 names, **+11** **−14**, turnover 26%, fee ₹53Names
53. 5 Jul 202456 names, **+17** **−10**, turnover 30%, fee ₹61Names
54. 21 Jun 202449 names, **+10** **−11**, turnover 22%, fee ₹45Names
55. 7 Jun 202450 names, **+13** **−13**, turnover 26%, fee ₹52Names
56. 24 May 202450 names, **+10** **−9**, turnover 20%, fee ₹40Names
57. 10 May 202449 names, **+6** **−14**, turnover 29%, fee ₹57Names
58. 26 Apr 202457 names, **+16** **−7**, turnover 28%, fee ₹56Names
59. 12 Apr 202448 names, **+8** **−5**, turnover 17%, fee ₹33Names
60. 29 Mar 202445 names, **+3** **−9**, turnover 20%, fee ₹40Names
61. 15 Mar 202451 names, **+11** **−11**, turnover 22%, fee ₹43Names
62. 1 Mar 202451 names, **+10** **−16**, turnover 31%, fee ₹63Names
63. 16 Feb 202457 names, **+17** **−18**, turnover 32%, fee ₹63Names
64. 2 Feb 202458 names, **+18** **−14**, turnover 31%, fee ₹62Names
65. 19 Jan 202454 names, **+12** **−13**, turnover 24%, fee ₹48Names
66. 5 Jan 202455 names, **+14** **−9**, turnover 25%, fee ₹51Names
67. 2023
68. 22 Dec 202350 names, **+9** **−13**, turnover 26%, fee ₹52Names
69. 8 Dec 202354 names, **+11** **−11**, turnover 20%, fee ₹41Names
70. 24 Nov 202354 names, **+13** **−7**, turnover 24%, fee ₹48Names
71. 10 Nov 202348 names, **+8** **−9**, turnover 19%, fee ₹38Names
72. 27 Oct 202349 names, **+9** **−6**, turnover 18%, fee ₹37Names
73. 13 Oct 202346 names, **+4** **−9**, turnover 20%, fee ₹39Names
74. 29 Sep 202351 names, **+8** **−11**, turnover 22%, fee ₹43Names
75. 15 Sep 202354 names, **+12** **−10**, turnover 22%, fee ₹44Names
76. 1 Sep 202352 names, **+12** **−12**, turnover 23%, fee ₹46Names
77. 18 Aug 202352 names, **+10** **−10**, turnover 19%, fee ₹38Names
78. 4 Aug 202352 names, **+10** **−11**, turnover 21%, fee ₹42Names
79. 21 Jul 202353 names, **+10** **−11**, turnover 21%, fee ₹42Names
80. 7 Jul 202354 names, **+14** **−22**, turnover 41%, fee ₹81Names
81. 23 Jun 202362 names, **+20** **−13**, turnover 32%, fee ₹65Names
82. 9 Jun 202355 names, **+14** **−16**, turnover 29%, fee ₹58Names
83. 26 May 202357 names, **+16** **−13**, turnover 28%, fee ₹56Names
84. 12 May 202354 names, **+14** **−14**, turnover 26%, fee ₹52Names
85. 28 Apr 202354 names, **+13** **−9**, turnover 24%, fee ₹48Names
86. 14 Apr 202350 names, **+9** **−10**, turnover 20%, fee ₹40Names
87. 31 Mar 202351 names, **+11** **−6**, turnover 22%, fee ₹43Names
88. 17 Mar 202346 names, **+5** **−12**, turnover 26%, fee ₹52Names
89. 3 Mar 202353 names, **+13** **−11**, turnover 25%, fee ₹49Names
90. 17 Feb 202351 names, **+10** **−9**, turnover 20%, fee ₹39Names
91. 3 Feb 202350 names, **+10** **−10**, turnover 20%, fee ₹40Names
92. 20 Jan 202350 names, **+10** **−10**, turnover 20%, fee ₹40Names
93. 6 Jan 202350 names, **+10** **−10**, turnover 20%, fee ₹40Names
94. 2022
95. 23 Dec 202250 names, **+9** **−11**, turnover 22%, fee ₹44Names
96. 9 Dec 202252 names, **+11** **−10**, turnover 21%, fee ₹42Names
97. 25 Nov 202251 names, **+11** **−11**, turnover 22%, fee ₹43Names
98. 11 Nov 202251 names, **+11** **−12**, turnover 24%, fee ₹47Names
99. 28 Oct 202252 names, **+10** **−14**, turnover 27%, fee ₹54Names
100. 14 Oct 202256 names, **+12** **−8**, turnover 21%, fee ₹43Names
101. 30 Sep 202252 names, **+9** **−13**, turnover 25%, fee ₹50Names
102. 16 Sep 202256 names, **+12** **−15**, turnover 27%, fee ₹54Names
103. 2 Sep 202259 names, **+19** **−14**, turnover 32%, fee ₹64Names
104. 19 Aug 202254 names, **+13** **−18**, turnover 33%, fee ₹67Names
105. 5 Aug 202259 names, **+17** **−16**, turnover 29%, fee ₹58Names
106. 22 Jul 202258 names, **+18** **−8**, turnover 31%, fee ₹62Names
107. 8 Jul 202248 names, **+6** **−5**, turnover 13%, fee ₹25Names
108. 24 Jun 202247 names, **+5** **−12**, turnover 26%, fee ₹51Names
109. 10 Jun 202254 names, **+14** **−8**, turnover 26%, fee ₹52Names
110. 27 May 202248 names, **+6** **−8**, turnover 17%, fee ₹33Names
111. 13 May 202250 names, **+5** **−13**, turnover 26%, fee ₹52Names
112. 29 Apr 202258 names, **+14** **−8**, turnover 24%, fee ₹48Names
113. 15 Apr 202252 names, **+9** **−18**, turnover 35%, fee ₹69Names
114. 1 Apr 202261 names, **+21** **−6**, turnover 34%, fee ₹69Names
115. 18 Mar 202246 names, **+5** **−5**, turnover 11%, fee ₹22Names
116. 4 Mar 202246 names, **+6** **−9**, turnover 20%, fee ₹39Names
117. 18 Feb 202249 names, **+7** **−5**, turnover 14%, fee ₹29Names
118. 4 Feb 202247 names, **+5** **−11**, turnover 23%, fee ₹47Names
119. 21 Jan 202253 names, **+11** **−5**, turnover 21%, fee ₹42Names
120. 7 Jan 202247 names, **+6** **−12**, turnover 26%, fee ₹51Names
121. 2021
122. 24 Dec 202153 names, **+12** **−11**, turnover 23%, fee ₹45Names
123. 10 Dec 202152 names, **+11** **−11**, turnover 21%, fee ₹42Names
124. 26 Nov 202152 names, **+12** **−9**, turnover 23%, fee ₹46Names
125. 12 Nov 202149 names, **+8** **−12**, turnover 24%, fee ₹49Names
126. 29 Oct 202153 names, **+12** **−13**, turnover 25%, fee ₹49Names
127. 15 Oct 202154 names, **+14** **−8**, turnover 26%, fee ₹52Names
128. 1 Oct 202148 names, **+7** **−9**, turnover 19%, fee ₹38Names
129. 17 Sep 202150 names, **+8** **−8**, turnover 16%, fee ₹32Names
130. 3 Sep 202150 names, **+9** **−7**, turnover 18%, fee ₹36Names
131. 20 Aug 202148 names, **+6** **−9**, turnover 19%, fee ₹38Names
132. 6 Aug 202151 names, **+11** **−14**, turnover 27%, fee ₹55Names
133. 23 Jul 202154 names, **+13** **−8**, turnover 24%, fee ₹48Names
134. 9 Jul 202149 names, **+8** **−16**, turnover 33%, fee ₹65Names
135. 25 Jun 202157 names, **+17** **−15**, turnover 30%, fee ₹60Names
136. 11 Jun 202155 names, **+14** **−14**, turnover 25%, fee ₹51Names
137. 28 May 202155 names, **+15** **−0**, turnover 27%, fee ₹55Names
138. 14 May 202140 namesNames

        Show more
        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.

            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
* Financial Services
* Metals & Mining
* Fast Moving Consumer Goods
* Chemicals
* Automobile and Auto Components
* Healthcare
* Consumer Durables
* Other

            New names entering Midcap Smallcap 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: 10 rebalances). Model, back tested, not actual client returns. Source: RupeeCase published rebalance lists. As of 8 May 2026.

            04Sector shifts

## Moves of 10 points or more.
9 such shifts in 131 rebalances; the latest six.

1. 24 Apr 2026Capital Goods +10Up
2. 27 Feb 2026Capital Goods +15, Financial Services −11Up
3. 7 Nov 2025Capital Goods −11Down
4. 9 May 2025Capital Goods +11Up
5. 25 Apr 2025Financial Services +11Up
6. 16 Feb 2024Financial Services +11Up

            05Documents

## The record, to reuse.

              * [CSV, every listCC BY 4.0](/data/rebalances/midcap-smallcap.csv)

              * [JSON, this page's data131 cycles](/instiv2/data/rebalances/midcap-smallcap.json)

              * [Midcap Smallcap strategy pagefactsheet](/strategies/midcap-smallcap)

              * [All 18 historieshub](/rebalance/)

            Same family, Mid and small

* [Midcap](/rebalance/midcap/)
* [Smallcap](/rebalance/smallcap/)
* [Microcap](/rebalance/microcap/)

        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.

1.

1A due rebalance shows on the Dashboard and as a badge on the tab bar.
2.

2The portfolio says a rebalance is due.
3.

3Confirm rebalance says when it fell due and asks for your consent.
4.

4The strategy’s History tab records the turnover at every rebalance in the model record.
5.

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.

    Explore next

## From the record to the strategy.

* [SectorCapital Goods stocksNSE sector across the 18 index algos](/sectors/capital-goods)
* [Free module 4.3Rebalancing Strategies9 min read](/learn/path-4/module-4-3-rebalancing-strategies)
* [CalculatorRebalance cost at 0.2%Free, with the formula and a worked example](/learn/tools/rebalance-cost-calculator)
* [Head to headCompare Midcap with Midcap SmallcapTwo model curves, every risk figure](/strategies/compare/midcap-vs-midcap-smallcap)

      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.

      New to RupeeCase? [Getting started](/getting-started) [See the terminal](/terminal)

        [Sign up for RupeeCase](https://invest.rupeecase.com/signup)
        [Join the WhatsApp group](https://forms.gle/C6HMtM1Z2GfeocQV7)

      [One form, one group](https://forms.gle/C6HMtM1Z2GfeocQV7)Scan with your phone camera

      07Questions

## Midcap Smallcap rebalances, in plain words

        How often does Midcap Smallcap rebalance?Every 2 weeks on the published schedule, about 26 times a year. The record holds 131 published rebalances from 14 May 2021 to 8 May 2026; on 130 of them at least one name changed, with an average turnover of 25% 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 25% of the list trades about ₹24,745 and costs about ₹49. 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](/data/rebalances/midcap-smallcap.csv)) 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 Midcap Smallcap.

      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.

        [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=midcap-smallcap)
        [Midcap Smallcap factsheet](/strategies/factsheets/midcap-smallcap)

      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.