---
title: "Smallcap Rebalance History | 132 Cycles | RupeeCase"
description: "Every published model rebalance of Smallcap since 14 May 2021: 132 cycles with names in, out and held, turnover and a 0.2% fee illustration."
source_url: "https://www.rupeecase.com/rebalance/smallcap/"
---

Rebalance record, Mid and small

        Data as of 11 May 2026

# Smallcap rebalance history

        **Smallcap 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 rebalances132since 14 May 2021

          CadenceEvery 2 weeksabout 26 a year

          Latest published11 May 202648 names on the list

          Average turnover16%of the list, cycles with changes

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

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

        **Turnover at each rebalance**May 2021 to 11 May 2026, 131 cyclesShare of the list that changed, model record. Highest 40%.

        01The latest cycle

## 11 May 2026: 19 out, 0 in, 48 held.
Only what changes is traded and charged. Tap a name to change it yourself.

          **KAJARIACER**out**FIVESTAR**out**HEG**out**ANANDRATHI**out**HONASA**out**ZYDUSWELL**out**RPOWER**out**ABSLAMC**out**NATCOPHARM**out**CARBORUNIV**out**GPIL**out**ZENTEC**out**GRAPHITE**out**HBLENGINE**out**WOCKPHARMA**out**SONACOMS**out**AAVAS**out**SARDAEN**out**HOMEFIRST**out**HFCL**held**WELCORP**held**COHANCE**held**GALLANTT**held**HSCL**held

          And 43 more names held, unchanged.

            Names changed**19 of 48**

            Value traded**₹39,583****

            Fee, 0.2%**₹79**

          Replay 11 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 Smallcap became about ₹541 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.Smallcap fell at most 21.4% 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: Smallcap −21.4% 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 Smallcap rebalances, highest 40% 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

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

        132 rebalances

1. 2026
2.
          11 May 202648 names on the list

          In+0
Out−19
Held48
Turnover40%

          On ₹1,00,000 at equal weight this cycle traded about **₹39,583**, fee **₹79** at 0.2%.

          Out, 19

KAJARIACERFIVESTARHEGANANDRATHI[HONASA](/stocks/HONASA)ZYDUSWELLRPOWERABSLAMC[NATCOPHARM](/stocks/NATCOPHARM)CARBORUNIVGPILZENTECGRAPHITEHBLENGINE[WOCKPHARMA](/stocks/WOCKPHARMA)SONACOMSAAVASSARDAENHOMEFIRST

Show 48 held

3.
          8 May 202667 names on the list

          In+16
Out−18
Held51
Turnover27%

          On ₹1,00,000 at equal weight this cycle traded about **₹26,866**, fee **₹54** at 0.2%.

          In, 16

[COHANCE](/stocks/COHANCE)[HSCL](/stocks/HSCL)[ELECON](/stocks/ELECON)[FINCABLES](/stocks/FINCABLES)[BANDHANBNK](/stocks/BANDHANBNK)[RRKABEL](/stocks/RRKABEL)[DEEPAKNTR](/stocks/DEEPAKNTR)[VIJAYA](/stocks/VIJAYA)[APTUS](/stocks/APTUS)[TRITURBINE](/stocks/TRITURBINE)[BLUEJET](/stocks/BLUEJET)[CESC](/stocks/CESC)[ABREL](/stocks/ABREL)[TITAGARH](/stocks/TITAGARH)[BEML](/stocks/BEML)[INOXWIND](/stocks/INOXWIND)

Out, 18

CCLCHENNPETROJBCHEPHARMASTERDM[SAILIFE](/stocks/SAILIFE)MRPLKARURVYSYAEMCURE[TEJASNET](/stocks/TEJASNET)DOMSRBLBANKTIMKENDCMSHRIRAMJBMADELHIVERYBALRAMCHINANURASSUNTV

Show 51 held

4.
          24 Apr 202669 names on the list

          In+20
Out−10
Held49
Turnover29%

          On ₹1,00,000 at equal weight this cycle traded about **₹28,986**, fee **₹58** at 0.2%.

          In, 20

[ABDL](/stocks/ABDL)[DEEPAKFERT](/stocks/DEEPAKFERT)KAJARIACERFIVESTARHEG[JPPOWER](/stocks/JPPOWER)[ENGINERSIN](/stocks/ENGINERSIN)RPOWER[SCI](/stocks/SCI)CARBORUNIV[NAVA](/stocks/NAVA)ZENTEC[PNBHOUSING](/stocks/PNBHOUSING)[GRSE](/stocks/GRSE)HBLENGINE[WOCKPHARMA](/stocks/WOCKPHARMA)[JUBLINGREA](/stocks/JUBLINGREA)SONACOMSAAVASHOMEFIRST

Out, 10

[MCX](/stocks/MCX)[FINCABLES](/stocks/FINCABLES)[KSB](/stocks/KSB)[LAURUSLABS](/stocks/LAURUSLABS)AKUMS[INOXINDIA](/stocks/INOXINDIA)[BANDHANBNK](/stocks/BANDHANBNK)CUBTRIVENISTARHEALTH

Show 49 held

5.
          10 Apr 202659 names on the list

          In+13
Out−5
Held46
Turnover22%

          On ₹1,00,000 at equal weight this cycle traded about **₹22,034**, fee **₹44** at 0.2%.

          In, 13

[ACUTAAS](/stocks/ACUTAAS)ZYDUSWELL[BELRISE](/stocks/BELRISE)[OLAELEC](/stocks/OLAELEC)[ANGELONE](/stocks/ANGELONE)[GALLANTT](/stocks/GALLANTT)[HONASA](/stocks/HONASA)[WELCORP](/stocks/WELCORP)DOMS[OLECTRA](/stocks/OLECTRA)DCMSHRIRAMJBMAANURAS

Out, 5

JKTYRE[SCI](/stocks/SCI)KIMSELGIEQUIP[RRKABEL](/stocks/RRKABEL)

Show 46 held

6.
          27 Mar 202651 names on the list

          In+7
Out−11
Held44
Turnover22%

          On ₹1,00,000 at equal weight this cycle traded about **₹21,569**, fee **₹43** at 0.2%.

          In, 7

[ACMESOLAR](/stocks/ACMESOLAR)[KSB](/stocks/KSB)[INOXINDIA](/stocks/INOXINDIA)[JINDALSAW](/stocks/JINDALSAW)[HFCL](/stocks/HFCL)STARHEALTHDELHIVERY

Out, 11

[ENGINERSIN](/stocks/ENGINERSIN)TARILGODREJAGROTECHNOE[HONASA](/stocks/HONASA)POONAWALLA[IFCI](/stocks/IFCI)PGELINDIACEMCROMPTONRAMCOCEM

Show 44 held

7.
          13 Mar 202655 names on the list

          In+8
Out−16
Held47
Turnover29%

          On ₹1,00,000 at equal weight this cycle traded about **₹29,091**, fee **₹58** at 0.2%.

          In, 8

[TEJASNET](/stocks/TEJASNET)[J&KBANK](/stocks/JKBANK)[ONESOURCE](/stocks/ONESOURCE)TIMKENBALRAMCHINSARDAEN[GRANULES](/stocks/GRANULES)[RRKABEL](/stocks/RRKABEL)

Out, 16

WELSPUNLIV[JINDALSAW](/stocks/JINDALSAW)LTFOODSASAHIINDIACANFINHOMERKFORGEBSOFTHBLENGINESHYAMMETL[GLAND](/stocks/GLAND)ECLERXDELHIVERYCAMPUSMANAPPURAMSAGILITYUSHAMART

Show 47 held

8. Average turnover by year, highest in 2026 at 23%

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.
9.
          27 Feb 202663 names on the list

          In+16
Out−13
Held47
Turnover25%

          On ₹1,00,000 at equal weight this cycle traded about **₹25,397**, fee **₹51** at 0.2%.

          In, 16

[ENGINERSIN](/stocks/ENGINERSIN)TARIL[DATAPATTNS](/stocks/DATAPATTNS)[ATHERENERG](/stocks/ATHERENERG)KIMSGODREJAGROASTERDMTECHNOE[FINCABLES](/stocks/FINCABLES)[NATCOPHARM](/stocks/NATCOPHARM)[HONASA](/stocks/HONASA)POONAWALLAPGELSUNTVCROMPTONAKUMS

Out, 13

IIFL[RRKABEL](/stocks/RRKABEL)HEG[GRANULES](/stocks/GRANULES)AIIL[ANGELONE](/stocks/ANGELONE)MSUMICHOICEINCREDITACCSAMMAANCAPIKSAGARWALEYE[J&KBANK](/stocks/JKBANK)

Show 47 held

10.
          13 Feb 202660 names on the list

          In+14
Out−7
Held46
Turnover23%

          On ₹1,00,000 at equal weight this cycle traded about **₹23,333**, fee **₹47** at 0.2%.

          In, 14

[AARTIIND](/stocks/AARTIIND)[VTL](/stocks/VTL)[SCI](/stocks/SCI)WELSPUNLIV[BANDHANBNK](/stocks/BANDHANBNK)[JINDALSAW](/stocks/JINDALSAW)TRIVENILTFOODSRKFORGEELGIEQUIPSHYAMMETL[GLAND](/stocks/GLAND)DELHIVERYCAMPUS

Out, 7

[PNBHOUSING](/stocks/PNBHOUSING)[HONASA](/stocks/HONASA)TBOTEK[RADICO](/stocks/RADICO)MINDACORPVENTIVEPOONAWALLA

Show 46 held

11.
          30 Jan 202653 names on the list

          In+7
Out−5
Held46
Turnover13%

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

          In, 7

MRPLRAMCOCEM[ANGELONE](/stocks/ANGELONE)CREDITACCSAMMAANCAPIKS[J&KBANK](/stocks/JKBANK)

Out, 5

JWLLATENTVIEWTRIVENICENTURYPLYGRAVITA

Show 46 held

12.
          16 Jan 202651 names on the list

          In+5
Out−5
Held46
Turnover10%

          On ₹1,00,000 at equal weight this cycle traded about **₹9,804**, fee **₹20** at 0.2%.

          In, 5

[HONASA](/stocks/HONASA)JBCHEPHARM[IFCI](/stocks/IFCI)VENTIVEPOONAWALLA

Out, 5

CEATLTD[NATCOPHARM](/stocks/NATCOPHARM)SAMMAANCAPMRPLWELSPUNLIV

Show 46 held

13.
          2 Jan 202651 names on the list

          In+7
Out−9
Held44
Turnover18%

          On ₹1,00,000 at equal weight this cycle traded about **₹17,647**, fee **₹35** at 0.2%.

          In, 7

MANAPPURAMJWLHEGGRAPHITE[PNBHOUSING](/stocks/PNBHOUSING)TRIVENIABSLAMC

Out, 9

[ANGELONE](/stocks/ANGELONE)ASTERDM[DATAPATTNS](/stocks/DATAPATTNS)[SCI](/stocks/SCI)DELHIVERYSTARHEALTH[GRSE](/stocks/GRSE)NHPOONAWALLA

Show 44 held

14. 2025
15.
          19 Dec 202553 names on the list

          In+7
Out−3
Held46
Turnover13%

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

          In, 7

BSOFT[RRKABEL](/stocks/RRKABEL)[GRANULES](/stocks/GRANULES)CENTURYPLYGRAVITA[SAILIFE](/stocks/SAILIFE)EMCURE

Out, 3

INTELLECTNUVAMAFIVESTAR

Show 46 held

16. 5 Dec 202549 names, **+4** **−9**, turnover 18%, fee ₹37Names
17. 21 Nov 202554 names, **+7** **−7**, turnover 13%, fee ₹26Names
18. 7 Nov 202554 names, **+10** **−8**, turnover 19%, fee ₹37Names
19. 24 Oct 202552 names, **+6** **−8**, turnover 15%, fee ₹31Names
20. 10 Oct 202554 names, **+7** **−8**, turnover 15%, fee ₹30Names
21. 26 Sep 202555 names, **+7** **−7**, turnover 13%, fee ₹25Names
22. 12 Sep 202555 names, **+8** **−9**, turnover 16%, fee ₹33Names
23. 29 Aug 202556 names, **+9** **−8**, turnover 16%, fee ₹32Names
24. 15 Aug 202555 names, **+8** **−9**, turnover 16%, fee ₹33Names
25. 1 Aug 202556 names, **+11** **−10**, turnover 20%, fee ₹39Names
26. 18 Jul 202555 names, **+9** **−14**, turnover 25%, fee ₹51Names
27. 4 Jul 202560 names, **+12** **−14**, turnover 23%, fee ₹47Names
28. 20 Jun 202562 names, **+10** **−17**, turnover 27%, fee ₹55Names
29. 6 Jun 202569 names, **+22** **−15**, turnover 32%, fee ₹64Names
30. 23 May 202562 names, **+14** **−13**, turnover 23%, fee ₹45Names
31. 9 May 202561 names, **+14** **−8**, turnover 23%, fee ₹46Names
32. 25 Apr 202555 names, **+10** **−11**, turnover 20%, fee ₹40Names
33. 11 Apr 202556 names, **+8** **−13**, turnover 23%, fee ₹46Names
34. 28 Mar 202561 names, **+15** **−13**, turnover 25%, fee ₹49Names
35. 14 Mar 202559 names, **+10** **−10**, turnover 17%, fee ₹34Names
36. 28 Feb 202559 names, **+12** **−9**, turnover 20%, fee ₹41Names
37. 14 Feb 202556 names, **+8** **−6**, turnover 14%, fee ₹29Names
38. 31 Jan 202554 names, **+8** **−8**, turnover 15%, fee ₹30Names
39. 17 Jan 202554 names, **+5** **−7**, turnover 13%, fee ₹26Names
40. 3 Jan 202556 names, **+5** **−9**, turnover 16%, fee ₹32Names
41. 2024
42. 20 Dec 202460 names, **+11** **−7**, turnover 18%, fee ₹37Names
43. 6 Dec 202456 names, **+10** **−6**, turnover 18%, fee ₹36Names
44. 22 Nov 202452 names, **+5** **−7**, turnover 13%, fee ₹27Names
45. 8 Nov 202454 names, **+8** **−6**, turnover 15%, fee ₹30Names
46. 25 Oct 202452 names, **+5** **−5**, turnover 10%, fee ₹19Names
47. 11 Oct 202452 names, **+6** **−7**, turnover 13%, fee ₹27Names
48. 27 Sep 202453 names, **+8** **−9**, turnover 17%, fee ₹34Names
49. 13 Sep 202454 names, **+7** **−10**, turnover 19%, fee ₹37Names
50. 30 Aug 202457 names, **+11** **−10**, turnover 19%, fee ₹39Names
51. 16 Aug 202456 names, **+9** **−9**, turnover 16%, fee ₹32Names
52. 2 Aug 202456 names, **+9** **−7**, turnover 16%, fee ₹32Names
53. 19 Jul 202454 names, **+8** **−13**, turnover 24%, fee ₹48Names
54. 5 Jul 202459 names, **+12** **−10**, turnover 20%, fee ₹41Names
55. 21 Jun 202457 names, **+10** **−9**, turnover 18%, fee ₹35Names
56. 7 Jun 202456 names, **+6** **−6**, turnover 11%, fee ₹21Names
57. 24 May 202456 names, **+6** **−7**, turnover 13%, fee ₹25Names
58. 10 May 202457 names, **+6** **−8**, turnover 14%, fee ₹28Names
59. 26 Apr 202459 names, **+11** **−7**, turnover 19%, fee ₹37Names
60. 12 Apr 202455 names, **+8** **−6**, turnover 15%, fee ₹29Names
61. 29 Mar 202453 names, **+5** **−4**, turnover 9%, fee ₹19Names
62. 15 Mar 202452 names, **+2** **−4**, turnover 8%, fee ₹15Names
63. 1 Mar 202454 names, **+6** **−8**, turnover 15%, fee ₹30Names
64. 16 Feb 202456 names, **+8** **−6**, turnover 14%, fee ₹29Names
65. 2 Feb 202454 names, **+5** **−7**, turnover 13%, fee ₹26Names
66. 19 Jan 202456 names, **+6** **−6**, turnover 11%, fee ₹21Names
67. 5 Jan 202456 names, **+7** **−7**, turnover 13%, fee ₹25Names
68. 2023
69. 22 Dec 202356 names, **+5** **−4**, turnover 9%, fee ₹18Names
70. 8 Dec 202355 names, **+4** **−8**, turnover 15%, fee ₹29Names
71. 24 Nov 202359 names, **+10** **−5**, turnover 17%, fee ₹34Names
72. 10 Nov 202354 names, **+4** **−6**, turnover 11%, fee ₹22Names
73. 27 Oct 202356 names, **+6** **−4**, turnover 11%, fee ₹21Names
74. 13 Oct 202354 names, **+4** **−4**, turnover 7%, fee ₹15Names
75. 29 Sep 202354 names, **+4** **−8**, turnover 15%, fee ₹30Names
76. 15 Sep 202358 names, **+9** **−9**, turnover 16%, fee ₹31Names
77. 1 Sep 202358 names, **+7** **−10**, turnover 17%, fee ₹34Names
78. 18 Aug 202361 names, **+10** **−12**, turnover 20%, fee ₹39Names
79. 4 Aug 202363 names, **+12** **−8**, turnover 19%, fee ₹38Names
80. 21 Jul 202359 names, **+9** **−7**, turnover 15%, fee ₹31Names
81. 7 Jul 202357 names, **+8** **−13**, turnover 23%, fee ₹46Names
82. 23 Jun 202362 names, **+13** **−11**, turnover 21%, fee ₹42Names
83. 9 Jun 202360 names, **+11** **−12**, turnover 20%, fee ₹40Names
84. 26 May 202361 names, **+8** **−12**, turnover 20%, fee ₹39Names
85. 12 May 202365 names, **+14** **−8**, turnover 22%, fee ₹43Names
86. 28 Apr 202359 names, **+10** **−5**, turnover 17%, fee ₹34Names
87. 14 Apr 202354 names, **+3** **−2**, turnover 6%, fee ₹11Names
88. 31 Mar 202353 names, **+4** **−6**, turnover 11%, fee ₹23Names
89. 17 Mar 202355 names, **+4** **−4**, turnover 7%, fee ₹15Names
90. 3 Mar 202355 names, **+7** **−8**, turnover 15%, fee ₹29Names
91. 17 Feb 202356 names, **+6** **−6**, turnover 11%, fee ₹21Names
92. 3 Feb 202356 names, **+5** **−5**, turnover 9%, fee ₹18Names
93. 20 Jan 202356 names, **+5** **−6**, turnover 11%, fee ₹21Names
94. 6 Jan 202357 names, **+6** **−6**, turnover 11%, fee ₹21Names
95. 2022
96. 23 Dec 202257 names, **+6** **−8**, turnover 14%, fee ₹28Names
97. 9 Dec 202259 names, **+7** **−10**, turnover 17%, fee ₹34Names
98. 25 Nov 202262 names, **+11** **−7**, turnover 18%, fee ₹35Names
99. 11 Nov 202258 names, **+9** **−7**, turnover 16%, fee ₹31Names
100. 28 Oct 202256 names, **+8** **−7**, turnover 14%, fee ₹29Names
101. 14 Oct 202255 names, **+5** **−9**, turnover 16%, fee ₹33Names
102. 30 Sep 202259 names, **+9** **−11**, turnover 19%, fee ₹37Names
103. 16 Sep 202261 names, **+10** **−11**, turnover 18%, fee ₹36Names
104. 2 Sep 202262 names, **+11** **−18**, turnover 29%, fee ₹58Names
105. 19 Aug 202269 names, **+20** **−13**, turnover 29%, fee ₹58Names
106. 5 Aug 202262 names, **+12** **−12**, turnover 19%, fee ₹39Names
107. 22 Jul 202262 names, **+14** **−7**, turnover 23%, fee ₹45Names
108. 8 Jul 202255 names, **+5** **−6**, turnover 11%, fee ₹22Names
109. 24 Jun 202256 names, **+3** **−9**, turnover 16%, fee ₹32Names
110. 10 Jun 202262 names, **+12** **−2**, turnover 19%, fee ₹39Names
111. 27 May 202252 names, **+3** **−8**, turnover 15%, fee ₹31Names
112. 13 May 202257 names, **+3** **−8**, turnover 14%, fee ₹28Names
113. 29 Apr 202262 names, **+12** **−9**, turnover 19%, fee ₹39Names
114. 15 Apr 202259 names, **+6** **−9**, turnover 15%, fee ₹31Names
115. 1 Apr 202262 names, **+11** **−6**, turnover 18%, fee ₹35Names
116. 18 Mar 202257 names, **+5** **−1**, turnover 9%, fee ₹18Names
117. 4 Mar 202253 names, **+2** **−7**, turnover 13%, fee ₹26Names
118. 18 Feb 202258 names, **+8** **−7**, turnover 14%, fee ₹28Names
119. 4 Feb 202257 names, **+5** **−8**, turnover 14%, fee ₹28Names
120. 21 Jan 202260 names, **+10** **−4**, turnover 17%, fee ₹33Names
121. 7 Jan 202254 names, **+3** **−7**, turnover 13%, fee ₹26Names
122. 2021
123. 24 Dec 202158 names, **+4** **−5**, turnover 9%, fee ₹17Names
124. 10 Dec 202159 names, **+9** **−7**, turnover 15%, fee ₹31Names
125. 26 Nov 202157 names, **+7** **−7**, turnover 12%, fee ₹25Names
126. 12 Nov 202157 names, **+6** **−6**, turnover 11%, fee ₹21Names
127. 29 Oct 202157 names, **+5** **−8**, turnover 14%, fee ₹28Names
128. 15 Oct 202160 names, **+10** **−5**, turnover 17%, fee ₹33Names
129. 1 Oct 202155 names, **+5** **−5**, turnover 9%, fee ₹18Names
130. 17 Sep 202155 names, **+4** **−3**, turnover 7%, fee ₹15Names
131. 3 Sep 202154 names, **+2** **−5**, turnover 9%, fee ₹19Names
132. 20 Aug 202157 names, **+6** **−7**, turnover 12%, fee ₹25Names
133. 6 Aug 202158 names, **+7** **−5**, turnover 12%, fee ₹24Names
134. 23 Jul 202156 names, **+6** **−6**, turnover 11%, fee ₹21Names
135. 9 Jul 202156 names, **+6** **−10**, turnover 18%, fee ₹36Names
136. 25 Jun 202160 names, **+7** **−10**, turnover 17%, fee ₹33Names
137. 11 Jun 202163 names, **+13** **−10**, turnover 21%, fee ₹41Names
138. 28 May 202160 names, **+11** **−0**, turnover 18%, fee ₹37Names
139. 14 May 202149 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
* Healthcare
* Automobile and Auto Components
* Fast Moving Consumer Goods
* Information Technology
* Metals & Mining
* Chemicals
* Other

            New names entering 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: 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.
4 such shifts in 132 rebalances; the latest six.

1. 27 Feb 2026Financial Services −11Down
2. 24 Oct 2025Financial Services +10Up
3. 25 Apr 2025Financial Services +11Up
4. 28 Mar 2025Capital Goods +11Up

            05Documents

## The record, to reuse.

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

              * [JSON, this page's data132 cycles](/instiv2/data/rebalances/smallcap.json)

              * [Smallcap strategy pagefactsheet](/strategies/smallcap)

              * [All 18 historieshub](/rebalance/)

            Same family, Mid and small

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

        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 SmallcapTwo model curves, every risk figure](/strategies/compare/midcap-vs-smallcap)

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      07Questions

## Smallcap rebalances, in plain words

        How often does Smallcap 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 ₹16,499 and costs about ₹33. 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/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 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=smallcap)
        [Smallcap factsheet](/strategies/factsheets/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.