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Strategy against strategy

Focused Largecap 20 vs Large Cap Multi Asset

Focused Largecap 20 (momentum, Nifty 100) against Large Cap Multi Asset (multi asset, Nifty 100): 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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  • 26.3%Focused Largecap 20, CAGR
  • 24.4%Large Cap Multi Asset, CAGR
  • −23.6%Focused Largecap 20, deepest fall
  • −21.0%Large Cap Multi Asset, deepest fall

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

26.3% against 24.4% a year, and the worst fall of each

26.3% against 24.4% a year, and the worst fall of each26.3% against 24.4% a year, and the worst fall of each: Focused Largecap 20, CAGR 26.29; Focused Largecap 20, deepest fall -23.56; Large Cap Multi Asset, CAGR 24.36; Large Cap Multi Asset, deepest fall -20.96; Nifty 50 TRI, CAGR 9.8.Focused Largecap20, CAGR26.3%Focused Largecap20, deepest fall−23.6%Large Cap MultiAsset, CAGR24.4%Large Cap MultiAsset, deepestfall−21.0%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 blue wireframe surface on navy, a lit path descending its slope to the lowest point

01Two model curves

₹100 in each, Jul 2021 to Jul 2026.

Focused Largecap 20₹321Large Cap Multi Asset₹296Nifty 50 TRI, 9.8% CAGR line₹160
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. 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.

MetricFocused Largecap 20Large Cap Multi AssetNifty 50 TRI
CAGR26.29%24.36%9.8%
Sharpe ratio1.201.320.69
Sortino ratio1.191.300.67
Calmar ratio1.111.250.54
Max drawdown−23.56%−20.96%−16.92%
Volatility, a year21.22%19.00%14.15%
Net return, cumulative+174.40%+159.08%+55.09%
Back test windowrolling 5 yearsrolling 5 years
Minimum capitalAbout ₹1,00,000About ₹1,25,000
Stocks held202250
RebalanceEvery 4 weeksEvery 4 weeks
UniverseNifty 100Nifty 100Nifty 50
Risk bandModerately HighModerately High
TierConservative coreConservative core

How far each model fell from its last high

How far each model fell from its last highFocused Largecap 20: from 0.0% at 31 Jul 2021 to −9.2% at 31 Jul 2026, high 0.0% at 31 Jul 2021, low −20.5% at 28 Feb 2025. Large Cap Multi Asset: from 0.0% at 31 May 2021 to −5.0% at 31 Jul 2026, high 0.0% at 31 May 2021, low −18.2% at 28 Feb 2025.Focused Largecap 20Large Cap Multi Asset−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: Focused Largecap 20 −20.5% at Feb 2025; Large Cap Multi Asset −18.2% 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.

Focused Largecap 20, model return by calendar year

Focused Largecap 20, model return by calendar yearFocused Largecap 20, model return by calendar year: 2021 17.7%, 2022 31.7%, 2023 58.7%, 2024 29.2%, 2025 -3.5%, 2026 to Jul 4.3%.18%202132%202259%202329%2024−4%20254%2026 toJul
2021 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.

Large Cap Multi Asset, model return by calendar year

Large Cap Multi Asset, model return by calendar yearLarge Cap Multi Asset, model return by calendar year: 2021 24.1%, 2022 27.8%, 2023 52%, 2024 27.6%, 2025 0.8%, 2026 to Apr 3.1%.24%202128%202252%202328%20241%20253%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 13 Jul 2026 and 27 Apr 2026. Minimum capital as of 8 Aug 2026. Not a promise of future returns.

03Holdings overlap

20 names in both lists.

20 of the 20 names in Focused Largecap 20 also sit in Large Cap Multi Asset (22 names): 91% of the larger list. Lists as of 6 Jul 2026 and 11 May 2026.

Held by both20

  • VEDL
  • ADANIPOWER
  • TATASTEEL
  • HAL
  • HINDZINC
  • NTPC
  • SHRIRAMFIN
  • VBL
  • NESTLEIND
  • TATAPOWER
  • PFC
  • LODHA
  • HINDALCO
  • ADANIGREEN
  • CGPOWER
  • ADANIENSOL
  • SIEMENS
  • ADANIPORTS
  • ENRIN
  • ADANIENT

Only in Focused Largecap 200

    Only in Large Cap Multi Asset2

    • LIQUIDCASE
    • GOLDBEES

    Focused Largecap 20: Power & Utilities is 25% of the names

    Focused Largecap 20: Power & Utilities is 25% of the namesFocused Largecap 20: Power & Utilities is 25% of the names: Power & Utilities 25; Not mapped yet 25; Metals & Mining 20; Capital Goods 15; Banking & Financial 10.Power & Utilities25%Not mapped yet25%Metals & Mining20%Capital Goods15%Banking &Financial10%
    Top sectors of the 20 equity names on the latest list (6 Jul 2026), equal weight. ETF sleeves left out. Model, back tested, not actual client returns. Source: RupeeCase published lists and ticker sector map. As of 6 Jul 2026.

    Large Cap Multi Asset: Power & Utilities is 25% of the names

    Large Cap Multi Asset: Power & Utilities is 25% of the namesLarge Cap Multi Asset: Power & Utilities is 25% of the names: Power & Utilities 25; Not mapped yet 25; Metals & Mining 20; Capital Goods 15; Banking & Financial 10.Power & Utilities25%Not mapped yet25%Metals & Mining20%Capital Goods15%Banking &Financial10%
    Top sectors of the 20 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: Focused Largecap 20 (26.29% against 24.36%)
    • Better risk adjusted return: Large Cap Multi Asset (Sharpe 1.32 against Sharpe 1.20)
    • Shallower deepest fall: Large Cap Multi Asset (20.96% against 23.56%)
    • Lower entry: Focused Largecap 20 (₹1,00,000 against ₹1,25,000)

    Focused Largecap 20

    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 24% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
    Capital
    About ₹1,00,000, one share of every holding at recent prices
    Focused Largecap 20 strategy page

    Large Cap Multi Asset

    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 21% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
    Capital
    About ₹1,25,000, one share of every holding at recent prices
    Large Cap Multi Asset 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

    Change the pair, or go deeper.

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    06Questions

    Focused Largecap 20 vs Large Cap Multi Asset,
    in plain words.

    Which has the higher model CAGR, Focused Largecap 20 or Large Cap Multi Asset?

    Focused Largecap 20: 26.29% against 24.36%, 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, Focused Largecap 20 or Large Cap Multi Asset?

    Large Cap Multi Asset: a deepest model fall of 20.96% against 23.56%. Focused Largecap 20's deepest daily drawdown ran 112 days from 15 Apr 2022. Large Cap Multi Asset's ran 112 days from 15 Apr 2022. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again.

    Can I hold Focused Largecap 20 and Large Cap Multi Asset together?

    Yes, each is a separate rules based index in your own demat, and 20 names sit in both lists today, so they carry weight twice. Minimum capital is about ₹1,00,000 and ₹1,25,000; 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.

    Focused Largecap 20 or Large Cap Multi Asset.
    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.