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Strategy against strategy

5Paisa Focused Alpha 5 vs Midcap Smallcap

5Paisa Focused Alpha 5 (momentum, Nifty Alpha 50) against Midcap Smallcap (momentum, NSE Universe): two model curves on one chart, every risk figure side by side, the holdings they share and who each is written for.

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  • 54.1%5Paisa Focused Alpha 5, CAGR
  • 42.6%Midcap Smallcap, CAGR
  • −24.2%5Paisa Focused Alpha 5, deepest fall
  • −26.2%Midcap Smallcap, deepest fall

Model, back tested. As of 27 Apr 2026. After charges. Not a promise of future returns.

54.1% against 42.6% a year, and the worst fall of each

54.1% against 42.6% a year, and the worst fall of each54.1% against 42.6% a year, and the worst fall of each: 5Paisa Focused Alpha 5, CAGR 54.08; 5Paisa Focused Alpha 5, deepest fall -24.18; Midcap Smallcap, CAGR 42.64; Midcap Smallcap, deepest fall -26.17; Nifty 50 TRI, CAGR 9.8.5Paisa FocusedAlpha 5, CAGR54.1%5Paisa FocusedAlpha 5, deepestfall−24.2%Midcap Smallcap,CAGR42.6%Midcap Smallcap,deepest fall−26.2%Nifty 50 TRI,CAGR9.8%
CAGR and maximum drawdown over each back test window, after charges. Model, back tested, not actual client returns. Source: RupeeCase published model record (lineup.json), monthly. As of 27 Apr 2026.
A perspective grid running to a glowing horizon, a rising line drawn above it

01Two model curves

₹100 in each, May 2021 to Jul 2026.

5Paisa Focused Alpha 5₹968Midcap Smallcap₹737Nifty 50 TRI, 9.8% CAGR line₹162
150 200 300 500 700

Both models rebased to 100 at their common first month, log scale, with the Nifty 50 TRI drawn as its 9.8% CAGR line. Model, back tested. As of 27 Apr 2026. After charges.

02Every figure

14 rows, side by side.

A tick marks the better figure of the two: higher return and ratios, shallower fall, lower volatility, lower entry. The Nifty 50 column is the index over the same window.

Metric5Paisa Focused Alpha 5Midcap SmallcapNifty 50 TRI
CAGR54.08%42.64%9.8%
Sharpe ratio1.601.630.73
Sortino ratio1.651.480.70
Calmar ratio2.341.910.58
Max drawdown−24.18%−26.17%−16.92%
Volatility, a year31.06%27.02%14.04%
Net return, cumulative+722.56%+527.87%+59.62%
Back test windowrolling 5 yearsrolling 5 years
Minimum capitalAbout ₹22,000About ₹80,000
Stocks held54050
RebalanceEvery 3 weeksEvery 2 weeks
UniverseNifty Alpha 50NSE UniverseNifty 50
Risk bandVery HighModerately High
TierStarterGrowth core

How far each model fell from its last high

How far each model fell from its last high5Paisa Focused Alpha 5: from 0.0% at 31 May 2021 to 0.0% at 31 Jul 2026, high 0.0% at 31 May 2021, low −23.7% at 28 Feb 2025. Midcap Smallcap: from 0.0% at 31 May 2021 to 0.0% at 31 Jul 2026, high 0.0% at 31 May 2021, low −23.5% at 28 Feb 2025.5Paisa Focused Alpha 5Midcap Smallcap−25%−20%−15%−10%−5%0%Jan 2022Jan 2024Jan 2026
Fall from the previous model high at each month end; 0% means a new high. Lowest: 5Paisa Focused Alpha 5 −23.7% at Feb 2025; Midcap Smallcap −23.5% 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.

5Paisa Focused Alpha 5, model return by calendar year

5Paisa Focused Alpha 5, model return by calendar year5Paisa Focused Alpha 5, model return by calendar year: 2021 10.9%, 2022 77.5%, 2023 93.7%, 2024 105.2%, 2025 -1.7%, 2026 to Apr 22.6%.11%202178%202294%2023105%2024−2%202523%2026 toApr
2021 starts at the back test start; 2026 runs to 27 Apr 2026. After charges. Model, back tested, not actual client returns. Source: RupeeCase published strategy record (strategies.json). As of 27 Apr 2026.

Midcap Smallcap, model return by calendar year

Midcap Smallcap, model return by calendar yearMidcap Smallcap, model return by calendar year: 2021 56.9%, 2022 26.9%, 2023 98.3%, 2024 86%, 2025 -8.7%, 2026 to Apr 13%.57%202127%202298%202386%2024−9%202513%2026 toApr
2021 starts at the back test start; 2026 runs to 27 Apr 2026. After charges. Model, back tested, not actual client returns. Source: RupeeCase published strategy record (strategies.json). As of 27 Apr 2026.

CAGR, Sharpe and max drawdown: Model, back tested. As of 27 Apr 2026. Sortino, Calmar, volatility and net return: model, back tested over each strategy's own window, to 27 Apr 2026. Minimum capital as of 8 Aug 2026. Not a promise of future returns.

03Holdings overlap

1 name in both lists.

1 of the 5 names in 5Paisa Focused Alpha 5 also sit in Midcap Smallcap (40 names): 3% of the larger list. Lists as of 27 Apr 2026 and 11 May 2026.

Held by both1

  • ADANIPOWER

Only in 5Paisa Focused Alpha 54

  • HINDCOPPER
  • MCX
  • NATIONALUM
  • GVT&D

Only in Midcap Smallcap39

  • HFCL
  • STLTECH
  • WEBELSOLAR
  • CUPID
  • QPOWER
  • APOLLO
  • WELCORP
  • JTLIND
  • JAYNECOIND
  • GALLANTT
  • TDPOWERSYS
  • PRECWIRE
  • KRN
  • ADANIGREEN
  • ADANIENSOL
  • AEROFLEX
  • BAJAJCON
  • EPIGRAL
  • PAISALO
  • LLOYDSME
  • LLOYDSENT
  • MANINDS
  • IDEAFORGE
  • SUNFLAG
  • +15 more

5Paisa Focused Alpha 5: Metals & Mining is 40% of the names

5Paisa Focused Alpha 5: Metals & Mining is 40% of the names5Paisa Focused Alpha 5: Metals & Mining is 40% of the names: Metals & Mining 40; Power & Utilities 20; Banking & Financial 20; Capital Goods 20.Metals & Mining40%Power & Utilities20%Banking &Financial20%Capital Goods20%
Top sectors of the 5 equity names on the latest list (27 Apr 2026), equal weight. ETF sleeves left out. Model, back tested, not actual client returns. Source: RupeeCase published lists and ticker sector map. As of 27 Apr 2026.

Midcap Smallcap: Not mapped yet is 28% of the names

Midcap Smallcap: Not mapped yet is 28% of the namesMidcap Smallcap: Not mapped yet is 28% of the names: Not mapped yet 28; Power & Utilities 18; Chemicals 10; Metals & Mining 10; Capital Goods 10.Not mapped yet28%Power & Utilities18%Chemicals10%Metals & Mining10%Capital Goods10%
Top sectors of the 40 equity names on the latest list (11 May 2026), equal weight. ETF sleeves left out. Model, back tested, not actual client returns. Source: RupeeCase published lists and ticker sector map. As of 11 May 2026.

Model portfolios on the published lists; tickers are not recommendations. Holding both means the shared names carry weight twice.

04The trade off

Who each is written for.

  • Higher model growth: 5Paisa Focused Alpha 5 (54.08% against 42.64%)
  • Better risk adjusted return: Midcap Smallcap (Sharpe 1.63 against Sharpe 1.60)
  • Shallower deepest fall: 5Paisa Focused Alpha 5 (24.18% against 26.17%)
  • Lower entry: 5Paisa Focused Alpha 5 (₹22,000 against ₹80,000)

5Paisa Focused Alpha 5

Very High risk band

Written for
Aggressive investors with a long horizon and tolerance for sharp drawdowns
Time horizon
5 years or longer. Drawdowns of 24% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
Capital
About ₹22,000, one share of every holding at recent prices
5Paisa Focused Alpha 5 strategy page

Midcap Smallcap

Moderately High risk band

Written for
Investors who want growth but read a 25% drawdown as opportunity, not panic
Time horizon
5 years or longer. Drawdowns of 26% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
Capital
About ₹80,000, one share of every holding at recent prices
Midcap Smallcap strategy page

A description of each strategy, not a recommendation. Decide your own allocation, or ask a SEBI registered investment adviser. Model, back tested. As of 27 Apr 2026.

05Next

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06Questions

5Paisa Focused Alpha 5 vs Midcap Smallcap,
in plain words.

Which has the higher model CAGR, 5Paisa Focused Alpha 5 or Midcap Smallcap?

5Paisa Focused Alpha 5: 54.08% against 42.64%, with the Nifty 50 TRI line at 9.8%. Model, back tested. As of 27 Apr 2026. After charges; past performance does not guarantee future returns.

Which fell less in the back test, 5Paisa Focused Alpha 5 or Midcap Smallcap?

5Paisa Focused Alpha 5: a deepest model fall of 24.18% against 26.17%. 5Paisa Focused Alpha 5's deepest daily drawdown ran 140 days from 3 Jan 2025. Midcap Smallcap's ran 497 days from 20 Dec 2024. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again.

Can I hold 5Paisa Focused Alpha 5 and Midcap Smallcap together?

Yes, each is a separate rules based index in your own demat, and 1 name sits in both lists today, so it carries weight twice. Minimum capital is about ₹22,000 and ₹80,000; the fee is 0.2% of traded value per rebalance on each. RupeeCase is not an investment adviser; decide your own allocation.

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Go deeper on both strategies.

5Paisa Focused Alpha 5 or Midcap Smallcap.
Read both, then decide.

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0.2% of traded value per rebalance. No AUM fee, no lock in. Model, back tested. As of 27 Apr 2026.