--- title: "5Paisa Focused Alpha 5 vs Midcap Smallcap | RupeeCase" description: "5Paisa Focused Alpha 5 vs Midcap Smallcap: model CAGR 54.1% against 42.6%, back tested as of 27 Apr 2026, shared holdings and who each suits." source_url: "https://www.rupeecase.com/strategies/compare/5paisa-focused-alpha-5-vs-midcap-smallcap" --- 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. [Sign up for RupeeCase](https://invest.rupeecase.com/signup) * **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 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. 01Two model curves ## ₹100 in each, May 2021 to Jul 2026. 5Paisa Focused Alpha 5**₹968**Midcap Smallcap**₹737**Nifty 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 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 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 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 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 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 forAggressive investors with a long horizon and tolerance for sharp drawdowns Time horizon5 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. CapitalAbout ₹22,000, one share of every holding at recent prices [5Paisa Focused Alpha 5 strategy page](/strategies/5paisa-focused-alpha-5) ### Midcap Smallcap **Moderately High** risk band Written forInvestors who want growth but read a 25% drawdown as opportunity, not panic Time horizon5 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. CapitalAbout ₹80,000, one share of every holding at recent prices [Midcap Smallcap strategy page](/strategies/midcap-smallcap) 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 ## Change the pair, or go deeper. [Pick any two strategies](/compare#pairs) * [Strategy page5Paisa Focused Alpha 5Four numbers, the factsheet, Invest](/strategies/5paisa-focused-alpha-5) * [Strategy pageMidcap SmallcapFour numbers, the factsheet, Invest](/strategies/midcap-smallcap) * [Factsheet5Paisa Focused Alpha 5Print first, every month and holding](/strategies/factsheets/5paisa-focused-alpha-5) * [FactsheetMidcap SmallcapPrint first, every month and holding](/strategies/factsheets/midcap-smallcap) ### More pairs * [vs5Paisa Focused Alpha 5 vs Nifty 50 Equal WeightCAGR 54.1% and 16.4%](/strategies/compare/5paisa-focused-alpha-5-vs-nifty-50-equal-weight) * [vsMidcap vs Midcap SmallcapCAGR 38.8% and 42.6%](/strategies/compare/midcap-vs-midcap-smallcap) * [vsMidcap Smallcap vs Large MidcapCAGR 42.6% and 37.8%](/strategies/compare/midcap-smallcap-vs-large-midcap) * [vs5Paisa Focused Alpha 5 vs AllcapCAGR 54.1% and 44.7%](/strategies/compare/5paisa-focused-alpha-5-vs-allcap) * [vsMidcap Smallcap vs Allcap Multi AssetCAGR 42.6% and 40.5%](/strategies/compare/midcap-smallcap-vs-allcap-multi-asset) 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. Explore next ## Go deeper on both strategies. * [Free module 2.3Risk Metrics That Matter8 min read](/learn/path-2/module-2-3-risk-metrics-that-matter) * [Strategy5Paisa Focused Alpha 5 strategyNifty Alpha 50, 5 stocks, every 3 weeks](/strategies/5paisa-focused-alpha-5) * [StrategyMidcap Smallcap strategyNSE Universe, 40 stocks, every 2 weeks](/strategies/midcap-smallcap) * [Factsheet5Paisa Focused Alpha 5 factsheetOne page, print ready, model back test](/strategies/factsheets/5paisa-focused-alpha-5) * [FactsheetMidcap Smallcap factsheetOne page, print ready, model back test](/strategies/factsheets/midcap-smallcap) * [Head to headCompare 5Paisa Focused Alpha 5 with Nifty 50 Equal WeightTwo model curves, every risk figure](/strategies/compare/5paisa-focused-alpha-5-vs-nifty-50-equal-weight) ## 5Paisa Focused Alpha 5 or Midcap Smallcap. Read both, then decide. [Sign up for RupeeCase](https://invest.rupeecase.com/signup)[All 18 in one table](/strategies/#sxTable) 0.2% of traded value per rebalance. No AUM fee, no lock in. Model, back tested. As of 27 Apr 2026.