---
title: "M&M in RupeeCase index algos | Mahindra & Mahindra"
description: "Mahindra & Mahindra (NSE: M&M): held by 1 of 18 RupeeCase index algos on their latest lists, NSE sector Automobile and Auto Components."
source_url: "https://www.rupeecase.com/stocks/MM"
---

NSE: M&M, Automobile and Auto Components

        Data as of 3 Jul 2026

# M&M Mahindra & Mahindra

        **Mahindra & Mahindra (M&M)** is an NSE Automobile and Auto Components stock held in **1 of the 18** RupeeCase model lists as of 3 Jul 2026, and by 11 more earlier in the record. Record to 3 Jul 2026.

        Held by1of 18 index algos, latest lists
Ever held by12index algos since May 2021
First on a list6 Aug 2021Nifty 50 Equal Weight
Record to3 Jul 2026last list naming it

          [See Nifty 50 Equal Weight](/strategies/nifty-50-equal-weight)
          [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=nifty-50-equal-weight)

      Automobile and Auto Components is 2.3% of the names on the latest lists

Average share of each NSE sector across the equity names of the 18 latest published lists, at equal weight; M&M sits in Automobile and Auto Components. The algos do not target sectors. Model, back tested, not actual client returns. Source: RupeeCase published rebalance lists, NSE sector classification of 9 Oct 2026. As of 3 Jul 2026.
        **On the list, May 2021 to 3 Jul 2026**12 index algos in the record

* On the latest published list
* Held earlier in the record

        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.

        01Holders

## Which RupeeCase index algos hold M&M?
One of the 18 latest published model lists names M&M: Nifty 50 Equal Weight, record to 3 Jul 2026. One card per list, equal weighted; the line is that index algo's model record.

* [Nifty 50 Equal Weight](/strategies/nifty-50-equal-weight)3 Jul 2026
**1 of 44 names**, about 2.3%; model CAGR 16.4%, every 4 weeks.
[Rebalance of 3 Jul 2026](/rebalance/nifty-50-equal-weight/#2026-07-03)

        The index algo holding M&M: model CAGR against the index line

Each algo's whole list, not this stock alone: growth of the model portfolio a year over its back test, after charges. Model, back tested, not actual client returns. Source: RupeeCase published model record (lineup.json), monthly. As of 27 Apr 2026.

            02On and off the list

## How often has M&M moved on and off the lists?
88 moves in the model record since May 2021: 44 entries and 44 exits across the 18 lists, the latest an exit from Focused Largecap 20 on 13 Mar 2026. Newest first; each row opens that rebalance.

1. 13 Mar 2026[Focused Largecap 20](/rebalance/focused-largecap-20/#2026-03-13)Out
2. 13 Feb 2026[Largecap Hybrid](/rebalance/largecap-hybrid/#2026-02-13)Out
3. 13 Feb 2026[Large Cap Multi Asset](/rebalance/largecap-multi-asset/#2026-02-13)Out
4. 16 Jan 2026[Large Midcap](/rebalance/large-midcap/#2026-01-16)Out
5. 2 Jan 2026[Large Mid Hybrid](/rebalance/large-mid-hybrid/#2026-01-02)Out
6. 2 Jan 2026[Large Mid Multi Asset](/rebalance/largemid-multi-asset/#2026-01-02)Out

18 earlier moves
1. 5 Dec 2025[Large Mid Hybrid](/rebalance/large-mid-hybrid/#2025-12-05)In
2. 5 Dec 2025[Large Midcap](/rebalance/large-midcap/#2025-12-05)In
3. 5 Dec 2025[Large Mid Multi Asset](/rebalance/largemid-multi-asset/#2025-12-05)In
4. 24 Oct 2025[Large Midcap](/rebalance/large-midcap/#2025-10-24)Out
5. 10 Oct 2025[Large Mid Hybrid](/rebalance/large-mid-hybrid/#2025-10-10)Out
6. 10 Oct 2025[Large Mid Multi Asset](/rebalance/largemid-multi-asset/#2025-10-10)Out
7. 15 Aug 2025[Large Mid Hybrid](/rebalance/large-mid-hybrid/#2025-08-15)In
8. 15 Aug 2025[Large Midcap](/rebalance/large-midcap/#2025-08-15)In
9. 15 Aug 2025[Large Mid Multi Asset](/rebalance/largemid-multi-asset/#2025-08-15)In
10. 1 Aug 2025[Focused Largecap 20](/rebalance/focused-largecap-20/#2025-08-01)In
11. 1 Aug 2025[Largecap Hybrid](/rebalance/largecap-hybrid/#2025-08-01)In
12. 1 Aug 2025[Large Cap Multi Asset](/rebalance/largecap-multi-asset/#2025-08-01)In
13. 4 Jul 2025[Focused Largecap 20](/rebalance/focused-largecap-20/#2025-07-04)Out
14. 6 Jun 2025[Large Midcap](/rebalance/large-midcap/#2025-06-06)Out
15. 6 Jun 2025[Largecap Hybrid](/rebalance/largecap-hybrid/#2025-06-06)Out
16. 6 Jun 2025[Large Cap Multi Asset](/rebalance/largecap-multi-asset/#2025-06-06)Out
17. 23 May 2025[Large Mid Hybrid](/rebalance/large-mid-hybrid/#2025-05-23)Out
18. 23 May 2025[Large Mid Multi Asset](/rebalance/largemid-multi-asset/#2025-05-23)Out

64 more are in the rebalance histories.

            03Sector and industry

## Automobile and Auto Components on NSE.
NSE classification, 9 Oct 2026.

          NSE macro sectorConsumer Discretionary

          NSE sector[Automobile and Auto Components](/sectors/automobile-and-auto-components)

          IndustryAutomobiles

          Basic industryPassenger Cars & Utility Vehicles

          NSE indexNifty 50

          Listed on NSE since03-Jan-1996

            Related stocks, same industry

[ATHERENERG5](/stocks/ATHERENERG)[OLAELEC2](/stocks/OLAELEC)[OLECTRA1](/stocks/OLECTRA)[BAJAJ-AUTO0](/stocks/BAJAJ-AUTO)[EICHERMOT0](/stocks/EICHERMOT)[HEROMOTOCO0](/stocks/HEROMOTOCO)[MARUTI0](/stocks/MARUTI)
ATHERENERG sits on the most lists in this group: 5 of 18

Latest published lists holding M&M and its related stocks of the same NSE industry. A list count, not a ranking or a view on the stock. Model, back tested, not actual client returns. Source: RupeeCase published rebalance lists, NSE sector classification of 9 Oct 2026. As of 3 Jul 2026.

    Explore next

## Where this name sits in the record.

* [Held M&M earlier5Paisa Focused Alpha 5 strategyNifty Alpha 50, 5 stocks, every 3 weeks](/strategies/5paisa-focused-alpha-5)
* [Held M&M earlierAllcap Multi Asset strategyNifty Total Market, 52 stocks, every 2 weeks](/strategies/allcap-multi-asset)
* [Same sectorBHARATFORG, Bharat ForgeOn 4 of 18 latest lists](/stocks/BHARATFORG)
* [StocksEvery stock in the index algosWhich lists named each NSE name, and when](/stocks/)

    Related reading: the topic [Nifty indices](/topics/nifty-indices-explained/) and the guide [Direct indexing in India](/guides/direct-indexing-india).

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      04Questions

## M&M, in plain words

        Which RupeeCase index algos hold M&M?On the latest published lists (record to 3 Jul 2026), M&M is on one list: [Nifty 50 Equal Weight](/strategies/nifty-50-equal-weight). Each list is equal weighted, so its weight is one over the number of names on the list.

        Since when has M&M been on a RupeeCase list?Since 6 Aug 2021, when it entered Nifty 50 Equal Weight. The record shows 44 entries and 44 exits across the lineup; the latest was an exit from Focused Largecap 20 on 13 Mar 2026.

        What sector is M&M in?NSE classifies Mahindra & Mahindra under [Automobile and Auto Components](/sectors/automobile-and-auto-components), industry Automobiles, basic industry Passenger Cars & Utility Vehicles. Automobile and Auto Components is 2.3% of the equity names across the latest lists, at equal weight.

    Sources and dates
* [RupeeCase published rebalance lists](https://www.rupeecase.com/rebalance/) RupeeCase. Record 14 May 2021 to 3 Jul 2026. Which stocks each index algo held on each rebalance date; counts, turnover and first seen dates.
* [NSE Indices Industry Classification Structure, July 2023](https://www.niftyindices.com/resources/industry-classification) NSE Indices. Sector classification of 9 Oct 2026. The sector and industry of each stock.
* [NSE daily bhavcopy, equity prices](https://www.nseindia.com/all-reports) NSE. Record 14 May 2021 to 3 Jul 2026. Share prices behind the back tested model record; the pages use the record from the first to the last published rebalance.
* [SEBI circular, Norms for sharing and usage of price data for educational purposes](https://www.sebi.gov.in/legal/circulars/may-2026/norms-for-sharing-and-usage-of-price-data-for-educational-purposes_101293.html) SEBI. Dated 8 May 2026. Why educational pages here carry no market price or index data from the last 30 days.

Model figures are back tested, not actual client returns. Each date is when that source was last checked or published, not today.

## Hold M&M the way the algo does.

      Nifty 50 Equal Weight rebalances on a published schedule. The shares sit in your own demat; you approve each rebalance and pay 0.2% of the value traded.

        [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=nifty-50-equal-weight)
        [Nifty 50 Equal Weight rebalance history](/rebalance/nifty-50-equal-weight/)

      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.