RupeeCase | Systematic Quantitative Investing Terminal by QC AlphaRupeeCase | Systematic Quantitative Investing Terminal by QC AlphaRupeeCase | Systematic Quantitative Investing Terminal by QC AlphaRupeeCase | Systematic Quantitative Investing Terminal by QC Alpha
Start free

Strategy against strategy

Allcap Multi Asset vs Dynamic Asset Allocator

Allcap Multi Asset (multi asset, Nifty Total Market) against Dynamic Asset Allocator (dynamic multi asset, Nifty Total Market plus debt and gold): 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

  • 11.5%Allcap Multi Asset, CAGR
  • 40.2%Dynamic Asset Allocator, CAGR
  • −21.3%Allcap Multi Asset, deepest fall
  • −10.6%Dynamic Asset Allocator, deepest fall

Model, back tested. CAGR as of 3 Nov 2026; Sharpe and drawdown as of 27 Apr 2026. After charges. Not a promise of future returns.

11.5% against 40.2% a year, and the worst fall of each

11.5% against 40.2% a year, and the worst fall of each11.5% against 40.2% a year, and the worst fall of each: Allcap Multi Asset, CAGR 40.47; Allcap Multi Asset, deepest fall -21.32; Dynamic Asset Allocator, CAGR 45.18; Dynamic Asset Allocator, deepest fall -10.57; Nifty 50 TRI, CAGR 9.8.Allcap MultiAsset, CAGR40.5%Allcap MultiAsset, deepestfall−21.3%Dynamic AssetAllocator, CAGR45.2%Dynamic AssetAllocator,deepest fall−10.6%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.
Fine teal and blue streamlines flowing across a navy field

01Two model curves

₹100 in each, Nov 2022 to Jul 2026.

Allcap Multi Asset₹393Dynamic Asset Allocator₹388Nifty 50 TRI, 9.8% CAGR line₹141
100 150 200 300

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. CAGR as of 3 Nov 2026; Sharpe and drawdown 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.

MetricAllcap Multi AssetDynamic Asset AllocatorNifty 50 TRI
CAGR11.53%40.23%4.7%
Sharpe ratio1.812.320.73
Sortino ratio1.712.300.70
Calmar ratio2.064.250.58
Max drawdown−21.32%−10.57%−16.92%
Volatility, a year21.41%16.54%14.04%
Net return, cumulative+23.77%+277.47%+59.62%
Back test windowsince inceptionsince inception
Minimum capitalAbout ₹3,00,000About ₹5,00,000
Stocks held424250
RebalanceEvery 2 weeksEvery 2 weeks
UniverseNifty Total MarketNifty Total Market plus debt and goldNifty 50
Risk bandModerately HighModerately High
TierMulti asset coreMulti asset core

How far each model fell from its last high

How far each model fell from its last highAllcap Multi Asset: from 0.0% at 31 May 2021 to 0.0% at 31 Jul 2026, high 0.0% at 31 May 2021, low −20.7% at 28 Feb 2025. Dynamic Asset Allocator: from 0.0% at 30 Nov 2022 to 0.0% at 31 Jul 2026, high 0.0% at 30 Nov 2022, low −6.3% at 31 Mar 2026.Allcap Multi AssetDynamic Asset Allocator−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: Allcap Multi Asset −20.7% at Feb 2025; Dynamic Asset Allocator −6.3% at Mar 2026. 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.

Allcap Multi Asset, model return by calendar year

Allcap Multi Asset, model return by calendar yearAllcap Multi Asset, model return by calendar year: 2021 32.9%, 2022 26%, 2023 88%, 2024 71.9%, 2025 -1.7%, 2026 to Apr 16.1%.33%202126%202288%202372%2024−2%202516%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.

Dynamic Asset Allocator, model return by calendar year

Dynamic Asset Allocator, model return by calendar yearDynamic Asset Allocator, model return by calendar year: 2022 1.5%, 2023 85.6%, 2024 53.8%, 2025 18.4%, 2026 to Jul 12.4%.2%202286%202354%202418%202512%2026 toJul
2022 starts at the back test start; 2026 runs to 13 Jul 2026. After charges. Model, back tested, not actual client returns. Source: RupeeCase published strategy record (strategies.json). As of 13 Jul 2026.

CAGR, Sharpe and max drawdown: Model, back tested. CAGR as of 3 Nov 2026; Sharpe and drawdown as of 27 Apr 2026. Sortino, Calmar, volatility and net return: model, back tested over each strategy's own window, to 27 Apr 2026 and 13 Jul 2026. Minimum capital as of 3 Nov 2026. Not a promise of future returns.

03Holdings overlap

16 names in both lists.

16 of the 49 names in Allcap Multi Asset also sit in Dynamic Asset Allocator (53 names): 30% of the larger list. Lists as of 11 May 2026 and 26 Jun 2026.

Held by both16

  • GOLDBEES
  • STLTECH
  • CUPID
  • WELCORP
  • ADANIPOWER
  • HFCL
  • ADANIGREEN
  • APOLLO
  • LLOYDSENGG
  • TDPOWERSYS
  • ADANIENSOL
  • ATHERENERG
  • INOXINDIA
  • DEEPAKFERT
  • KIRLOSENG
  • VEDL

Only in Allcap Multi Asset33

  • LIQUIDCASE
  • OLAELEC
  • GALLANTT
  • QPOWER
  • LLOYDSENT
  • EIEL
  • KRN
  • WEBELSOLAR
  • ANGELONE
  • LLOYDSME
  • PFOCUS
  • NATIONALUM
  • AVANTIFEED
  • JAYNECOIND
  • ABDL
  • THERMAX
  • AZAD
  • KSB
  • HINDCOPPER
  • KAJARIACER
  • THANGAMAYL
  • ACUTAAS
  • ACMESOLAR
  • OSWALPUMPS
  • +9 more

Only in Dynamic Asset Allocator37

  • BALAMINES
  • AVALON
  • ASTRAMICRO
  • SYRMA
  • RATEGAIN
  • IDEA
  • RAIN
  • SUPRIYA
  • MARKSANS
  • WOCKPHARMA
  • KIRLPNU
  • ARVIND
  • SAREGAMA
  • DIACABS
  • LAURUSLABS
  • PARAS
  • MSTCLTD
  • AEGISLOG
  • TEJASNET
  • WABAG
  • ZEEL
  • IFCI
  • J&KBANK
  • SFL
  • +13 more

Allcap Multi Asset: Capital Goods is 26% of the names

Allcap Multi Asset: Capital Goods is 26% of the namesAllcap Multi Asset: Capital Goods is 26% of the names: Capital Goods 26; Power & Utilities 15; Metals & Mining 15; Chemicals 13; Auto & Components 11.Capital Goods26%Power & Utilities15%Metals & Mining15%Chemicals13%Auto & Components11%
Top sectors of the 47 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.

Dynamic Asset Allocator: Not mapped yet is 43% of the names

Dynamic Asset Allocator: Not mapped yet is 43% of the namesDynamic Asset Allocator: Not mapped yet is 43% of the names: Not mapped yet 43; IT & Technology 10; Capital Goods 10; Power & Utilities 10; Chemicals 6.Not mapped yet43%IT & Technology10%Capital Goods10%Power & Utilities10%Chemicals6%
Top sectors of the 51 equity names on the latest list (26 Jun 2026), equal weight. ETF sleeves left out. Model, back tested, not actual client returns. Source: RupeeCase published lists and ticker sector map. As of 26 Jun 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: Dynamic Asset Allocator (40.23% against 11.53%)
  • Better risk adjusted return: Dynamic Asset Allocator (Sharpe 2.32 against Sharpe 1.81)
  • Shallower deepest fall: Dynamic Asset Allocator (10.57% against 21.32%)
  • Lower entry: Allcap Multi Asset (₹3,00,000 against ₹5,00,000)

Allcap Multi Asset

Moderately High risk band

Written for
Investors who want a balanced equity tilt with a built-in volatility cushion
Time horizon
5 years or longer. Drawdowns of 21% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
Capital
About ₹3,00,000, the published minimum
Allcap Multi Asset strategy page

Dynamic Asset Allocator

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 11% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
Capital
About ₹5,00,000, the published minimum
Dynamic Asset Allocator strategy page

A description of each strategy, not a recommendation. Decide your own allocation, or ask a SEBI registered investment adviser. Model, back tested. CAGR as of 3 Nov 2026; Sharpe and drawdown as of 27 Apr 2026.

05Next

Change the pair, or go deeper.

Pick any two strategies

More pairs

06Questions

Allcap Multi Asset vs Dynamic Asset Allocator,
in plain words.

Which has the higher model CAGR, Allcap Multi Asset or Dynamic Asset Allocator?

Dynamic Asset Allocator: 40.23% against 11.53%, with the Nifty 50 TRI at 4.7% over five years. Model, back tested. CAGR as of 3 Nov 2026; Sharpe and drawdown as of 27 Apr 2026. After charges; past performance does not guarantee future returns.

Which fell less in the back test, Allcap Multi Asset or Dynamic Asset Allocator?

Dynamic Asset Allocator: a deepest model fall of 10.57% against 21.32%. Allcap Multi Asset's deepest daily drawdown ran 371 days from 20 Dec 2024. Dynamic Asset Allocator's ran 49 days from 9 Feb 2024. Model, back tested. CAGR as of 3 Nov 2026; Sharpe and drawdown as of 27 Apr 2026. Drawdowns of similar size can happen again.

Can I hold Allcap Multi Asset and Dynamic Asset Allocator together?

Yes, each is a separate rules based index in your own demat, and 16 names sit in both lists today, so they carry weight twice. Minimum capital is about ₹3,00,000 and ₹5,00,000; 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.

Allcap Multi Asset or Dynamic Asset Allocator.
Read both, then decide.

Sign up for RupeeCaseAll 15 in one table

0.2% of traded value per rebalance. No AUM fee, no lock in. Model, back tested. CAGR as of 3 Nov 2026; Sharpe and drawdown as of 27 Apr 2026.