Momentum, Nifty Total Market
Allcap is a RupeeCase index that holds 50 stocks from the Nifty Total Market, ranked by price momentum, rebalanced every 2 weeks. Model CAGR 44.7% (back tested, as of 27 Apr 2026), minimum about ₹2,25,000 (as of 8 Aug 2026), moderately high risk band.
50 stocks from the Nifty Total Market. Fortnightly rotation.
Moderately High risk band
Runs in your own 5paisa, Zebu or Arrow demat. The shares stay in your name.
01At a glance
Model, back tested, as of 27 Apr 2026: 44.70% a year since Jul 2021 after charges, with a deepest fall of −22.72%, against 9.80% for the Nifty 50 TRI line. Not a promise of future returns.
₹100 in Jul 2021 became ₹611 by Jul 2026 (Nifty 50 TRI line ₹160). Model, back tested. As of 27 Apr 2026. After charges, log scale.
18% of the equity names on the latest model list (6 Jul 2026): 9 of 50 names at equal weight. Power & Utilities is next at 16%. Model portfolio, not a recommendation.
02Three steps
Link your broker and approve each rebalance. Stocks stay in your own demat; RupeeCase never holds your money.
Invest in Allcap
Screens from the RupeeCase app. Model, back tested figures as of 27 Apr 2026; portfolio screens are a sample for illustration.
03Factsheet
Model, back tested, after charges; each block names its date.
Model, back tested, after charges, 2021 to Jul 2026.
Model, back tested monthly returns after charges, Jul 2021 to Jul 2026 (61 months).
Daily model record over rolling 5 years: peak to low, and days until back at that peak.
Model, back tested. As of 27 Apr 2026. Month end values, Jul 2021 to Jul 2026, so falls read shallower than the daily figures on the buttons. Falls this deep can happen again.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | no data | no data | no data | no data | no data | no data | 3.0 | −6.6 | 4.9 | −0.4 | 1.3 | 12.8 | +14.7% |
| 2022 | 1.9 | −11.8 | 4.5 | 7.2 | −8.7 | 0.5 | 11.6 | 5.1 | −0.2 | 4.1 | 6.7 | 7.2 | +28.8% |
| 2023 | −6.7 | −4.3 | 3.9 | 9.2 | 4.6 | 10.4 | 13.5 | 9.2 | 6.6 | 3.0 | 13.8 | 9.8 | +99.0% |
| 2024 | 12.2 | 0.2 | −2.9 | 11.8 | 8.4 | 9.7 | 3.5 | 4.0 | 5.7 | −5.4 | 9.2 | 3.5 | +76.5% |
| 2025 | −12.1 | −11.4 | 9.4 | 1.0 | 9.7 | 1.4 | −5.0 | 2.3 | −0.2 | 4.2 | −0.1 | −0.9 | −4.2% |
| 2026 | −2.3 | 6.9 | −8.2 | 18.5 | 2.3 | 7.5 | 1.2 | no data | no data | no data | no data | no data | +26.6% |
Model, back tested, after charges; one calendar month per cell, in percent.
Model, back tested, month end values, Jul 2021 to Jul 2026.
Equal weight, 2.0% each.
Live quantities and prices are in the app. Sign up for RupeeCase
Weights on the rebalance day, 6 Jul 2026; they drift with prices until the next rebalance. Model portfolio, not a recommendation.
11 sectors in the equity sleeve; 18.0% not yet in the sector map. Broader sector spread than Mid-Smallcap due to higher stock count and 5000 price cap admitting some larger mid-caps.
135 rebalances, 13 sectors touched, 10 held now.
| Sector | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Now |
|---|---|---|---|---|---|---|---|
| Other, not yet mapped | 71 | 69 | 71 | 68 | 69 | 31 | 48 |
| Capital Goods | 4 | 5 | 4 | 6 | 4 | 10 | 12 |
| IT & Technology | 3 | 2 | 2 | 2 | 4 | 7 | 10 |
| Power & Utilities | 8 | 8 | 5 | 5 | 3 | 7 | 7 |
| Chemicals | 1 | 1 | 0 | 2 | 2 | 5 | 7 |
| Pharma & Healthcare | 0 | 0 | 2 | 3 | 3 | 4 | 5 |
| Metals & Mining | 5 | 5 | 6 | 5 | 5 | 11 | 3 |
| FMCG & Consumer | 2 | 2 | 2 | 4 | 2 | 5 | 3 |
| Auto & Components | 1 | 1 | 1 | 1 | 2 | 7 | 3 |
| Banking & Financial | 3 | 3 | 6 | 3 | 5 | 9 | 2 |
| Energy & Oil & Gas | 0 | 2 | 1 | 1 | 1 | 4 | out |
| Textiles | 0 | 0 | 0 | 0 | 0 | 1 | out |
| Realty & Construction | 0 | 0 | 0 | 0 | 0 | 0 | out |
Average weight of the equity sleeve that year, equal weighted at the stock level; darker is higher. Now: the list of 3 Jul 2026.
A fixed calendar; you approve each rebalance before your broker places the orders.
Against the list of 19 Jun 2026: 12 in, 11 out, 48 held, 60 on the list.
The 48 held names are in Holdings.
Model, back tested record. In plus held is the list size, which can differ from the 50 stock target. Not recommendations.
| Date | On the list | In | Out |
|---|---|---|---|
| 3 Jul 2026 | 60 | +12 | −11 |
| 19 Jun 2026 | 59 | +13 | −16 |
| 5 Jun 2026 | 62 | +13 | −14 |
| 22 May 2026 | 63 | +12 | −19 |
| 8 May 2026 | 70 | +22 | −20 |
| 24 Apr 2026 | 68 | +21 | −15 |
7 such shifts in 135 rebalances.
Equity sleeve, between two consecutive lists.
| Metric | Allcap | Nifty 50 |
|---|---|---|
| Sharpe ratio | 1.68 | 0.69 |
| Sortino ratio | 1.60 | 0.67 |
| Calmar ratio | 1.96 | 0.54 |
| Volatility, a year | 23.58% | 14.15% |
| Max drawdown | −22.72% | −16.92% |
| Best week | +8.57% | +6.36% |
| Worst week | −10.97% | −6.33% |
| Weeks up | 62.07% | 56.32% |
| Average up week | +2.73% | +1.53% |
| Average down week | −2.48% | −1.57% |
Model, back tested, after charges. Weekly, rolling 5 years to 13 Jul 2026; Nifty 50 over the same window.
Moderately High, Low to Very High
Card figures: Model, back tested. As of 27 Apr 2026. Take the risk profile to find your band.
Start from the Nifty Total Market, filtered to stocks priced under ₹5,000.
Score every stock by a risk adjusted momentum composite over several look backs.
Hold the top 50 names by score, equal weighted so no single name dominates.
Every 2 weeks the model reruns: names out of the top 50 are sold, new entrants bought, and the full list is published.
Allcap holds 50 names from the Nifty Total Market, which is roughly 750 stocks. Filter for prices under 5000, run the standard momentum screen, take the top 50 equal-weighted, rotate every two weeks.
The structure is built on breadth. Fifty equal-weighted names from a 750-stock universe diversify single-stock noise, while the fortnightly screen keeps the momentum engine fully engaged. Breadth does the risk work. The screen does the return work.
This is not the concentrated bet. Alpha 5 is. This is the broad expression of the same signal, and the trade-off is a larger entry ticket: 50 names cost more to hold than 5.
Long drawdowns are part of the deal. Even a well-diversified momentum card can sit below its peak for months at a stretch when the broad market chops sideways. If you cannot stay invested through a stretch like that, this is the wrong card.
The card buys only stocks priced under 5000. The 5000 cap (versus Midcap Smallcap's 2000) admits some larger mid-cap names that sit just below the largecap threshold. It rebalances every 2 weeks regardless of regime. It holds 50 names equal-weighted at roughly 2% each. No fixed-income buffer. No gold sleeve. No defensive overlay. Pure equity momentum on the Nifty Total Market.
Each rebalance publishes the full 50-name list. The roster typically cuts across power and renewables, capital goods, defence and digital, telecom, pharma, capital markets, and financials, and the current holdings sit alongside this card.
This is also not a tax-friendly product if traded in a non-registered account. Two-week rebalances on 50 names mean churn, and churn means short-term capital gains.
A description, not a recommendation. Decide your own allocation, or ask a SEBI registered investment adviser.
Machine learning tested the signals, the number of names and the cadence out of sample. The rule that ships is frozen and published: a fixed, readable algorithm, not a black box.
Free Learn modules, no sign up.
0.2%of traded value, charged only when a rebalance trades
No subscription, AUM or performance fee; broker charges are separate. Fee calculator Pricing
Estimate from the model rebalance record at 0.2% of traded value; weight resets and broker charges excluded.
Model, back tested, cumulative, rolling 5 years to 13 Jul 2026. Net is gross minus estimated costs.
RupeeCase is a technology platform, not a fund, a PMS or a SEBI registered investment adviser. Model, back tested. As of 27 Apr 2026. Model figures are after estimated charges and are not actual client returns. Past performance does not guarantee future returns; capital can be lost.
Investing: Practice first, then Live
5 chapters, 2:36, with voice and music
Sign up, free
A free account opens the terminal. Nothing is charged until a rebalance trades.
04Questions
50 stocks from the broadest universe on the platform. Fortnightly rotation. It selects the top 50 momentum names from Nifty Total Market (max 5000) and rebalances every 2 weeks.
About ₹2,25,000 (as of 8 Aug 2026), enough to hold one share of every name in the book at recent prices. The figure moves with the prices of the holdings.
Allcap shows a model CAGR of 44.70% against 9.80% for the Nifty 50 TRI CAGR line (Jan 2021 to Jul 2026), with a Sharpe ratio of 1.68. Model, back tested. As of 27 Apr 2026. Past performance does not guarantee future returns.
22.72% peak to trough in the model record. The deepest period ran 476 days, from 20 Dec 2024 to 10 Apr 2026. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again, so size the position for it.
For the 18 retail strategies, 0.2% of traded value per rebalance. No subscription, no AUM fee, no performance fee. About 2.2% of capital a year at 0.2% of traded value, from the published rebalance record: 27 rebalances in the year to 3 Jul 2026, about 11.1 times the portfolio traded (sales and purchases). Weight resets and broker side charges (brokerage, STT, exchange charges, GST) are not included. Turnover varies year to year. On the minimum capital of ₹2,25,000 that is about ₹5,000 a year, an estimate from the model record, not a promise.
Yes. No lock-in. Holdings sit in your own broker demat account and you can sell any name on any market day. Switching strategies or pausing the rebalance is a one-click action on the platform.
Explore next
Related reading: the topic Momentum investing and the guide When the market crashes.
Community
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 See the terminal
05Same family
ModerateMulti asset
Allcap Multi Asset
Nifty Total Market, 52 stocks, every 2 weeks
CAGR, model40.47%Max DD−21.3%From₹2.81L
ModerateHybrid
TotalMarket Hybrid
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Moderately HighDynamic multi asset
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CAGR and Max DD on the cards: Model, back tested. As of 27 Apr 2026.
Model figures are back tested, not actual client returns. Each date is when that source was last checked or published, not today.
Ready when you are
44.70% CAGR, model, back tested. About ₹2.25L to start. Every 2 weeks, you approve each one.
0.2% of traded value per rebalance. No AUM fee, no lock in. Line: the model record after charges, as of 27 Apr 2026. Not a promise of future returns.