Rebalance record, Mid and small

Data as of 11 May 2026

Midcap rebalance history

Midcap 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 202620 names on the list
Average turnover: 20%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 32%.

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01The latest cycle

11 May 2026: 6 out, 0 in, 20 held.

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

And 2 more names held, unchanged.

Names changed6 of 20

Value traded₹30,000

Fee, 0.2%₹60

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 became about ₹560 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 fell at most 23.8% 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 −23.8% 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 Midcap rebalances, highest 30% 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 202620 names on the list

In
+0
Out
−6
Held
20
Turnover
30%

On ₹1,00,000 at equal weight this cycle traded about ₹30,000, fee ₹60 at 0.2%.

Out, 6
AUROPHARMANIACLNTPCGREEN LAURUSLABSFEDERALBNKOBEROIRLTY
8 May 202626 names on the list

In
+6
Out
−6
Held
20
Turnover
23%

On ₹1,00,000 at equal weight this cycle traded about ₹23,077, fee ₹46 at 0.2%.

In, 6
HUDCO COCHINSHIP RADICO TORNTPOWER ATGL IDEA
Out, 6
WAAREEENERINDIANBLUPINGLENMARKAPLAPOLLOASHOKLEY
24 Apr 202626 names on the list

In
+6
Out
−6
Held
20
Turnover
23%

On ₹1,00,000 at equal weight this cycle traded about ₹23,077, fee ₹46 at 0.2%.

In, 6
BHEL SUZLONNIACLNTPCGREENOBEROIRLTYNAM-INDIA
Out, 6
CUMMINSINDUNIONBANKASTRALAJANTPHARMBANKINDIAIPCALAB
10 Apr 202626 names on the list

In
+6
Out
−4
Held
20
Turnover
23%

On ₹1,00,000 at equal weight this cycle traded about ₹23,077, fee ₹46 at 0.2%.

In, 6
LLOYDSME MCXWAAREEENERLAURUSLABS NLCINDIA BSE
Out, 4
M&MFINIDEALTFTORNTPOWER
27 Mar 202624 names on the list

In
+4
Out
−4
Held
20
Turnover
17%

On ₹1,00,000 at equal weight this cycle traded about ₹16,667, fee ₹33 at 0.2%.

In, 4
AUROPHARMA PREMIERENEIPCALABTHERMAX
Out, 4
MFSLIDBIINDUSTOWERSUPREMEIND
13 Mar 202624 names on the list

In
+3
Out
−6
Held
21
Turnover
25%

On ₹1,00,000 at equal weight this cycle traded about ₹25,000, fee ₹50 at 0.2%.

In, 3
LUPINAJANTPHARMGLENMARK
Out, 6
WAAREEENERMUTHOOTFINOILSONACOMSAUBANKABCAPITAL
Average turnover by year, highest in 2025 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 202627 names on the list

In
+6
Out
−3
Held
21
Turnover
22%

On ₹1,00,000 at equal weight this cycle traded about ₹22,222, fee ₹44 at 0.2%.

In, 6
CUMMINSINDTORNTPOWERASTRALMFSLIDBISUPREMEIND
Out, 3
AIAENGINDUSINDBKIDFCFIRSTB
13 Feb 202624 names on the list

In
+3
Out
−1
Held
21
Turnover
13%

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

In, 3
GVT&DWAAREEENERSONACOMS
Out, 1
PHOENIXLTD
30 Jan 202622 names on the list

In
+2
Out
−4
Held
20
Turnover
18%

On ₹1,00,000 at equal weight this cycle traded about ₹18,182, fee ₹36 at 0.2%.

In, 2
APLAPOLLOOIL
Out, 4
GVT&DCUMMINSINDPAYTMBHEL
16 Jan 202624 names on the list

In
+4
Out
−2
Held
20
Turnover
17%

On ₹1,00,000 at equal weight this cycle traded about ₹16,667, fee ₹33 at 0.2%.

In, 4
MAHABANK SAILUNIONBANKINDUSINDBK
Out, 2
GMRAIRPORTNYKAA
2 Jan 202622 names on the list

In
+2
Out
−1
Held
20
Turnover
9%

On ₹1,00,000 at equal weight this cycle traded about ₹9,091, fee ₹18 at 0.2%.

In, 2
PHOENIXLTDINDUSTOWER
Out, 1
BSE
2025
19 Dec 202521 names on the list

In
+1
Out
−3
Held
20
Turnover
14%

On ₹1,00,000 at equal weight this cycle traded about ₹14,286, fee ₹29 at 0.2%.

In, 1
IDFCFIRSTB
Out, 3
HINDPETROFORTISINDUSTOWER
5 Dec 202523 names, +3 −4, turnover 17%, fee ₹35
21 Nov 202524 names, +3 −4, turnover 17%, fee ₹33
7 Nov 202525 names, +4 −6, turnover 24%, fee ₹48
24 Oct 202527 names, +7 −3, turnover 26%, fee ₹52
10 Oct 202523 names, +3 −5, turnover 22%, fee ₹43
26 Sep 202525 names, +5 −3, turnover 20%, fee ₹40
12 Sep 202523 names, +3 −4, turnover 17%, fee ₹35
29 Aug 202524 names, +4 −3, turnover 17%, fee ₹33
15 Aug 202523 names, +3 −4, turnover 17%, fee ₹35
1 Aug 202524 names, +3 −2, turnover 13%, fee ₹25
18 Jul 202523 names, +3 −4, turnover 17%, fee ₹35
4 Jul 202524 names, +3 −3, turnover 13%, fee ₹25
20 Jun 202524 names, +2 −7, turnover 29%, fee ₹58
6 Jun 202529 names, +8 −6, turnover 28%, fee ₹55
23 May 202527 names, +7 −7, turnover 26%, fee ₹52
9 May 202527 names, +6 −5, turnover 22%, fee ₹44
25 Apr 202526 names, +5 −4, turnover 19%, fee ₹38
11 Apr 202525 names, +5 −6, turnover 24%, fee ₹48
28 Mar 202526 names, +6 −3, turnover 23%, fee ₹46
14 Mar 202523 names, +3 −4, turnover 17%, fee ₹35
28 Feb 202524 names, +4 −6, turnover 25%, fee ₹50
14 Feb 202526 names, +4 −7, turnover 27%, fee ₹54
31 Jan 202529 names, +9 −3, turnover 31%, fee ₹62
17 Jan 202523 names, +3 −4, turnover 17%, fee ₹35
3 Jan 202524 names, +3 −5, turnover 21%, fee ₹42
2024
20 Dec 202426 names, +6 −2, turnover 23%, fee ₹46
6 Dec 202422 names, +2 −4, turnover 18%, fee ₹36
22 Nov 202424 names, +4 −2, turnover 17%, fee ₹33
8 Nov 202422 names, +2 −3, turnover 14%, fee ₹27
25 Oct 202423 names, +1 −1, turnover 4%, fee ₹9
11 Oct 202423 names, +3 −5, turnover 22%, fee ₹43
27 Sep 202425 names, +5 −3, turnover 20%, fee ₹40
13 Sep 202423 names, +3 −4, turnover 17%, fee ₹35
30 Aug 202424 names, +3 −5, turnover 21%, fee ₹42
16 Aug 202426 names, +6 −5, turnover 23%, fee ₹46
2 Aug 202425 names, +4 −3, turnover 16%, fee ₹32
19 Jul 202424 names, +4 −6, turnover 25%, fee ₹50
5 Jul 202426 names, +6 −3, turnover 23%, fee ₹46
21 Jun 202423 names, +3 −5, turnover 22%, fee ₹43
7 Jun 202425 names, +5 −7, turnover 28%, fee ₹56
24 May 202427 names, +6 −1, turnover 22%, fee ₹44
10 May 202422 names, +1 −4, turnover 18%, fee ₹36
26 Apr 202425 names, +5 −3, turnover 20%, fee ₹40
12 Apr 202423 names, +2 −3, turnover 13%, fee ₹26
29 Mar 202424 names, +3 −2, turnover 13%, fee ₹25
15 Mar 202423 names, +2 −1, turnover 9%, fee ₹17
1 Mar 202422 names, +2 −4, turnover 18%, fee ₹36
16 Feb 202424 names, +4 −5, turnover 21%, fee ₹42
2 Feb 202425 names, +4 −3, turnover 16%, fee ₹32
19 Jan 202424 names, +3 −1, turnover 13%, fee ₹25
5 Jan 202422 names, +2 −3, turnover 14%, fee ₹27
2023
22 Dec 202323 names, +3 −5, turnover 22%, fee ₹43
8 Dec 202325 names, +4 −4, turnover 16%, fee ₹32
24 Nov 202325 names, +5 −3, turnover 20%, fee ₹40
10 Nov 202323 names, +2 −3, turnover 13%, fee ₹26
27 Oct 202324 names, +4 −1, turnover 17%, fee ₹33
13 Oct 202321 names, +1 −5, turnover 24%, fee ₹48
29 Sep 202325 names, +4 −5, turnover 20%, fee ₹40
15 Sep 202326 names, +5 −3, turnover 19%, fee ₹38
1 Sep 202324 names, +3 −5, turnover 21%, fee ₹42
18 Aug 202326 names, +5 −5, turnover 19%, fee ₹38
4 Aug 202326 names, +5 −3, turnover 19%, fee ₹38
21 Jul 202324 names, +4 −6, turnover 25%, fee ₹50
7 Jul 202326 names, +6 −5, turnover 23%, fee ₹46
23 Jun 202325 names, +5 −4, turnover 20%, fee ₹40
9 Jun 202324 names, +4 −6, turnover 25%, fee ₹50
26 May 202326 names, +5 −6, turnover 23%, fee ₹46
12 May 202327 names, +7 −7, turnover 26%, fee ₹52
28 Apr 202327 names, +7 −3, turnover 26%, fee ₹52
14 Apr 202323 names, +3 −2, turnover 13%, fee ₹26
31 Mar 202322 names, +2 −3, turnover 14%, fee ₹27
17 Mar 202323 names, +1 −3, turnover 13%, fee ₹26
3 Mar 202325 names, +4 −5, turnover 20%, fee ₹40
17 Feb 202326 names, +5 −3, turnover 19%, fee ₹38
3 Feb 202324 names, +3 −1, turnover 13%, fee ₹25
20 Jan 202322 names, +1 −1, turnover 5%, fee ₹9
6 Jan 202322 names, +1 −3, turnover 14%, fee ₹27
2022
23 Dec 202224 names, +4 −4, turnover 17%, fee ₹33
9 Dec 202224 names, +3 −2, turnover 13%, fee ₹25
25 Nov 202223 names, +3 −4, turnover 17%, fee ₹35
11 Nov 202224 names, +4 −5, turnover 21%, fee ₹42
28 Oct 202225 names, +5 −0, turnover 20%, fee ₹40
14 Oct 202220 names, +0 −5, turnover 25%, fee ₹50
30 Sep 202225 names, +4 −6, turnover 24%, fee ₹48
16 Sep 202227 names, +6 −6, turnover 22%, fee ₹44
2 Sep 202227 names, +6 −5, turnover 22%, fee ₹44
19 Aug 202226 names, +5 −4, turnover 19%, fee ₹38
5 Aug 202225 names, +5 −8, turnover 32%, fee ₹64
22 Jul 202228 names, +8 −4, turnover 29%, fee ₹57
8 Jul 202224 names, +4 −2, turnover 17%, fee ₹33
24 Jun 202222 names, +1 −5, turnover 23%, fee ₹45
10 Jun 202226 names, +5 −4, turnover 19%, fee ₹38
27 May 202225 names, +5 −3, turnover 20%, fee ₹40
13 May 202223 names, +2 −7, turnover 30%, fee ₹61
29 Apr 202228 names, +7 −3, turnover 25%, fee ₹50
15 Apr 202224 names, +4 −7, turnover 29%, fee ₹58
1 Apr 202227 names, +6 −1, turnover 22%, fee ₹44
18 Mar 202222 names, +1 −1, turnover 5%, fee ₹9
4 Mar 202222 names, +2 −1, turnover 9%, fee ₹18
18 Feb 202221 names, +1 −5, turnover 24%, fee ₹48
4 Feb 202225 names, +4 −5, turnover 20%, fee ₹40
21 Jan 202226 names, +5 −2, turnover 19%, fee ₹38
7 Jan 202223 names, +1 −1, turnover 4%, fee ₹9
2021
24 Dec 202123 names, +3 −3, turnover 13%, fee ₹26
10 Dec 202123 names, +2 −3, turnover 13%, fee ₹26
26 Nov 202124 names, +4 −3, turnover 17%, fee ₹33
12 Nov 202123 names, +2 −5, turnover 22%, fee ₹43
29 Oct 202126 names, +4 −2, turnover 15%, fee ₹31
15 Oct 202124 names, +4 −4, turnover 17%, fee ₹33
1 Oct 202124 names, +4 −7, turnover 29%, fee ₹58
17 Sep 202127 names, +6 −3, turnover 22%, fee ₹44
3 Sep 202124 names, +4 −3, turnover 17%, fee ₹33
20 Aug 202123 names, +3 −5, turnover 22%, fee ₹43
6 Aug 202125 names, +5 −5, turnover 20%, fee ₹40
23 Jul 202125 names, +5 −2, turnover 20%, fee ₹40
9 Jul 202122 names, +1 −6, turnover 27%, fee ₹55
25 Jun 202127 names, +6 −5, turnover 22%, fee ₹44
11 Jun 202126 names, +4 −5, turnover 19%, fee ₹38
28 May 202127 names, +7 −0, turnover 26%, fee ₹52
14 May 202120 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.

A single ray of light passes through a tilted glass slab and fans out into teal, blue and violet bands

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

Financial Services
Capital Goods
Chemicals
Metals & Mining
Healthcare
Automobile and Auto Components
Information Technology
Oil, Gas & Consumable Fuels
Other

New names entering Midcap 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.

21 such shifts in 132 rebalances; the latest six.

13 Mar 2026Healthcare +13Up
5 Dec 2025Financial Services −11Down
7 Nov 2025Financial Services +16Up
18 Jul 2025Financial Services +10Up
23 May 2025Capital Goods +11Up
17 Jan 2025Healthcare +14Up

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.

Explore next

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

Midcap rebalances, in plain words

How often does Midcap 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 20% 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 20% of the list trades about ₹19,598 and costs about ₹39. 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 Midcap.

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.