--- title: "PARAS in RupeeCase index algos | Paras Defence and Space" description: "Paras Defence and Space Technologies (NSE: PARAS): held by 3 of 18 RupeeCase index algos on their latest lists, NSE sector Capital Goods. Membership record May" source_url: "https://www.rupeecase.com/stocks/PARAS" --- NSE: PARAS, Capital Goods # PARAS Paras Defence and Space Technologies Held by **3 of 18** RupeeCase index algos on their latest published lists, and by 3 more earlier in the record. Record to 3 Jul 2026. Held by3of 18 index algos, latest lists Ever held by6index algos since May 2021 First on a list16 Sep 2022Microcap Record to3 Jul 2026last list naming it See the 3 index algos holding PARAS [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=microcap) **On the list, May 2021 to 3 Jul 2026**6 index algos in the record Microcap Allcap Allcap Multi Asset TotalMarket Hybrid Midcap Smallcap Dynamic Asset Allocator * 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 ## 3 index algos name PARAS on their latest list. Each card is one published list with its date. Lists are equal weighted at the stock level; multi asset lists carry ETF sleeves beside the equity names. * [Microcap](/strategies/microcap)11 May 2026 **1 of 48 names** on the list, about 2.1% at equal weight. Nifty Microcap 250, rebalanced every 2 weeks [Rebalance of 11 May 2026](/rebalance/microcap/#2026-05-11) * [Allcap](/strategies/allcap)3 Jul 2026 **1 of 60 names** on the list, about 1.7% at equal weight. Nifty Total Market (max 5000), rebalanced every 2 weeks [Rebalance of 3 Jul 2026](/rebalance/allcap/#2026-07-03) * [Dynamic Asset Allocator](/strategies/dynamic-asset-allocator)26 Jun 2026 **1 of 53 names** on the list; the equity sleeve is equal weighted, ETF sleeves sit beside it. Nifty Total Market plus debt and gold, rebalanced every 3 weeks [Rebalance of 26 Jun 2026](/rebalance/dynamic-asset-allocator/#2026-06-26) 02On and off the list ## 31 moves across the lineup. Every entry and exit of PARAS in the published record, newest first. Each row links to that rebalance in the index algo's history. 1. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 2. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 3. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 4. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 5. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 6. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 7. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 8. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 9. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 10. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 11. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 12. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 13. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 14. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 15. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 16. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 17. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 18. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 19. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 20. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 21. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 22. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 23. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 24. 21 Jun 2024[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2024-06-21)In 7 earlier moves are in the rebalance histories linked above. 03Sector and industry ## Capital Goods on NSE. NSE's four level industry classification, as published on 9 Oct 2026. NSE macro sectorIndustrials NSE sector[Capital Goods](/sectors/capital-goods) IndustryAerospace & Defense Basic industryAerospace & Defense NSE indexNifty India Defence Listed on NSE since01-Oct-2021 Related stocks, same industry [APOLLO6](/stocks/APOLLO)[HAL5](/stocks/HAL)[DATAPATTNS4](/stocks/DATAPATTNS)[ASTRAMICRO2](/stocks/ASTRAMICRO)[BEL1](/stocks/BEL)[CYIENTDLM1](/stocks/CYIENTDLM)[GRSE1](/stocks/GRSE)[IDEAFORGE1](/stocks/IDEAFORGE) 04Questions ## PARAS, in plain words Which RupeeCase index algos hold PARAS?On the latest published lists (record to 3 jul 2026), PARAS is on 3 lists: [Allcap](/strategies/allcap), [Microcap](/strategies/microcap), [Dynamic Asset Allocator](/strategies/dynamic-asset-allocator). Each list is equal weighted at the stock level, so the weight is one divided by the number of names on that list. What is a quantitative index algo?A fixed, published rule that screens an NSE universe (momentum and risk measures), takes the top names at equal weight and rebalances on a set schedule. RupeeCase publishes every list on every rebalance date; the [index investing](/index-investing) page explains the method and the [strategies hub](/strategies/) lists all 18. Do I own PARAS shares if I invest through RupeeCase?Yes. Trades go through your own broker and the shares sit in your own demat account; RupeeCase never holds money or securities. The fee is 0.2% of the value traded at each rebalance, nothing else. Figures on this page are the model, back tested record, not a price feed and not advice. Explore next ## Where this name sits in the record. * [Same sectorPRAJIND, Praj IndustriesOn 1 of 18 latest lists](/stocks/PRAJIND) * [Held PARAS earlierAllcap Multi Asset strategyNifty Total Market, 52 stocks, every 2 weeks](/strategies/allcap-multi-asset) * [Held PARAS earlierMidcap Smallcap strategyNSE Universe, 40 stocks, every 2 weeks](/strategies/midcap-smallcap) * [Same sectorBHEL, Bharat Heavy ElectricalsOn 9 of 18 latest lists](/stocks/BHEL) * [Same sectorGVT&D, GE Vernova T&D IndiaOn 8 of 18 latest lists](/stocks/GVTD) * [Same sectorTHERMAX, ThermaxOn 8 of 18 latest lists](/stocks/THERMAX) ## Hold PARAS the way the algo does. Microcap rebalances on a published schedule; you approve each rebalance in your own broker account and pay 0.2% of the value traded, nothing else. [Invest in Microcap](https://invest.rupeecase.com/signup?strategy=microcap) [Microcap rebalance history](/rebalance/microcap/) 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.