--- title: "Allcap Multi Asset vs Dynamic Asset Allocator | RupeeCase" description: "Allcap Multi Asset vs Dynamic Asset Allocator: model CAGR 11.5% against 40.2%, back tested, as of 3 Nov 2026, shared holdings and who each suits." source_url: "https://www.rupeecase.com/strategies/compare/allcap-multi-asset-vs-dynamic-asset-allocator" --- 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](https://invest.rupeecase.com/signup) * **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 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, Nov 2022 to Jul 2026. Allcap Multi Asset**₹393** Dynamic Asset Allocator**₹388** Nifty 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 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 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 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 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 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 forInvestors who want a balanced equity tilt with a built-in volatility cushion Time horizon5 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. CapitalAbout ₹3,00,000, the published minimum [Allcap Multi Asset strategy page](/strategies/allcap-multi-asset) ### Dynamic Asset Allocator **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 11% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here. CapitalAbout ₹5,00,000, the published minimum [Dynamic Asset Allocator strategy page](/strategies/dynamic-asset-allocator) 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](/compare#pairs) * [Strategy pageAllcap Multi AssetFour numbers, the factsheet, Invest](/strategies/allcap-multi-asset) * [Strategy pageDynamic Asset AllocatorFour numbers, the factsheet, Invest](/strategies/dynamic-asset-allocator) * [FactsheetAllcap Multi AssetPrint first, every month and holding](/strategies/factsheets/allcap-multi-asset) * [FactsheetDynamic Asset AllocatorPrint first, every month and holding](/strategies/factsheets/dynamic-asset-allocator) ### More pairs * [vsAllcap Multi Asset vs Large Mid Multi AssetCAGR 11.5% and 25.5%](/strategies/compare/allcap-multi-asset-vs-largemid-multi-asset) * [vsAllcap Multi Asset vs Large Mid HybridCAGR 11.5% and 24.2%](/strategies/compare/allcap-multi-asset-vs-large-mid-hybrid) * [vsAllcap vs Allcap Multi AssetCAGR 42.0% and 11.5%](/strategies/compare/allcap-vs-allcap-multi-asset) * [vsLarge Cap Multi Asset vs Allcap Multi AssetCAGR 17.8% and 11.5%](/strategies/compare/largecap-multi-asset-vs-allcap-multi-asset) * [vsMidcap Smallcap vs Allcap Multi AssetCAGR 34.3% and 11.5%](/strategies/compare/midcap-smallcap-vs-allcap-multi-asset) 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. * [Free module 2.3Risk Metrics That Matter8 min read](/learn/path-2/module-2-3-risk-metrics-that-matter) * [StrategyAllcap Multi Asset strategyNifty Total Market, 42 stocks, every 2 weeks](/strategies/allcap-multi-asset) * [StrategyDynamic Asset Allocator strategyNifty Total Market plus debt and gold, 42 stocks, every 2 weeks](/strategies/dynamic-asset-allocator) * [FactsheetAllcap Multi Asset factsheetOne page, print ready, model back test](/strategies/factsheets/allcap-multi-asset) * [FactsheetDynamic Asset Allocator factsheetOne page, print ready, model back test](/strategies/factsheets/dynamic-asset-allocator) * [Head to headCompare Allcap Multi Asset with Large Mid Multi AssetTwo model curves, every risk figure](/strategies/compare/allcap-multi-asset-vs-largemid-multi-asset) ## Allcap Multi Asset or Dynamic Asset Allocator. Read both, then decide. [Sign up for RupeeCase](https://invest.rupeecase.com/signup)[All 15 in one table](/strategies/#sxTable) 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.