--- title: "Nifty 50 Equal Weight vs Allcap | RupeeCase Strategies" description: "Nifty 50 Equal Weight vs Allcap: model CAGR 16.4% against 44.7%, back tested as of 27 Apr 2026, shared holdings and who each suits." source_url: "https://www.rupeecase.com/strategies/compare/nifty-50-equal-weight-vs-allcap" --- Strategy against strategy # Nifty 50 Equal Weight vs Allcap Nifty 50 Equal Weight (equal weight, Nifty 50) against Allcap (momentum, Nifty Total Market): 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) * **16.4%**Nifty 50 Equal Weight, CAGR * **44.7%**Allcap, CAGR * **−15.7%**Nifty 50 Equal Weight, deepest fall * **−22.7%**Allcap, deepest fall Model, back tested. As of 27 Apr 2026. After charges. Not a promise of future returns. 16.4% against 44.7% 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, Jul 2021 to Jul 2026. Nifty 50 Equal Weight**₹214**Allcap**₹611**Nifty 50 TRI, 9.8% CAGR line**₹160** 100 150 200 300 500 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. MetricNifty 50 Equal WeightAllcapNifty 50 TRI CAGR16.35%44.70%9.8% Sharpe ratio1.131.680.69 Sortino ratio1.111.600.67 Calmar ratio1.031.960.54 Max drawdown−15.71%−22.72%−16.92% Volatility, a year14.23%23.58%14.15% Net return, cumulative+94.73%+588.18%+55.09% Back test windowrolling 5 yearsrolling 5 years Minimum capitalAbout ₹2,49,000About ₹2,25,000 Stocks held505050 RebalanceEvery 4 weeksEvery 2 weeks UniverseNifty 50Nifty Total MarketNifty 50 Risk bandModerateModerately High TierStarterFull equity 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: Nifty 50 Equal Weight −15.7% at Feb 2025; Allcap −22.1% 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. Nifty 50 Equal Weight, model return by calendar year 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.Allcap, model return by calendar year 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. 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. Minimum capital as of 8 Aug 2026. Not a promise of future returns. 03Holdings overlap ## No name in both lists. 0 of the 44 names in Nifty 50 Equal Weight also sit in Allcap (50 names): 0% of the larger list. Lists as of 3 Jul 2026 and 6 Jul 2026. ### Held by both0 None on the latest lists. ### Only in Nifty 50 Equal Weight44 * ADANIENT * MAXHEALTH * SHRIRAMFIN * ADANIPORTS * BAJFINANCE * ICICIBANK * GRASIM * ASIANPAINT * TITAN * AXISBANK * SUNPHARMA * NESTLEIND * HINDALCO * SBIN * CIPLA * KOTAKBANK * DRREDDY * COALINDIA * LT * JSWSTEEL * ETERNAL * BHARTIARTL * BEL * TECHM * +20 more ### Only in Allcap50 * HFCL * STLTECH * WEBELSOLAR * CUPID * QPOWER * APOLLO * WELCORP * ADANIPOWER * JAYNECOIND * GALLANTT * TDPOWERSYS * KRN * ADANIGREEN * ADANIENSOL * AZAD * LLOYDSME * LLOYDSENT * ACUTAAS * ATHERENERG * LLOYDSENGG * KIRLOSENG * GVT&D * THERMAX * BHEL * +26 more Nifty 50 Equal Weight: Not mapped yet is 68% of the names Top sectors of the 44 equity names on the latest list (3 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 3 Jul 2026.Allcap: Capital Goods is 18% of the names Top sectors of the 50 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. 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:** Allcap (44.70% against 16.35%) * **Better risk adjusted return:** Allcap (Sharpe 1.68 against Sharpe 1.13) * **Shallower deepest fall:** Nifty 50 Equal Weight (15.71% against 22.72%) * **Lower entry:** Allcap (₹2,25,000 against ₹2,49,000) ### Nifty 50 Equal Weight **Moderate** risk band Written forInvestors who want a balanced equity tilt with a built-in volatility cushion Time horizon5 years or longer. Drawdowns of 16% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here. CapitalAbout ₹2,49,000, one share of every holding at recent prices [Nifty 50 Equal Weight strategy page](/strategies/nifty-50-equal-weight) ### Allcap **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 23% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here. CapitalAbout ₹2,25,000, one share of every holding at recent prices [Allcap strategy page](/strategies/allcap) 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 pageNifty 50 Equal WeightFour numbers, the factsheet, Invest](/strategies/nifty-50-equal-weight) * [Strategy pageAllcapFour numbers, the factsheet, Invest](/strategies/allcap) * [FactsheetNifty 50 Equal WeightPrint first, every month and holding](/strategies/factsheets/nifty-50-equal-weight) * [FactsheetAllcapPrint first, every month and holding](/strategies/factsheets/allcap) ### 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) * [vsAllcap vs Allcap Multi AssetCAGR 44.7% and 40.5%](/strategies/compare/allcap-vs-allcap-multi-asset) * [vs5Paisa Focused Alpha 5 vs AllcapCAGR 54.1% and 44.7%](/strategies/compare/5paisa-focused-alpha-5-vs-allcap) * [vsNifty 50 Equal Weight vs Focused Largecap 20CAGR 16.4% and 26.3%](/strategies/compare/nifty-50-equal-weight-vs-focused-largecap-20) * [vsMidcap vs AllcapCAGR 38.8% and 44.7%](/strategies/compare/midcap-vs-allcap) * [vsEnergy Basket vs AllcapCAGR 33.1% and 44.7%](/strategies/compare/energy-basket-vs-allcap) 06Questions ## Nifty 50 Equal Weight vs Allcap, in plain words. ### Which has the higher model CAGR, Nifty 50 Equal Weight or Allcap? Allcap: 44.70% against 16.35%, 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, Nifty 50 Equal Weight or Allcap? Nifty 50 Equal Weight: a deepest model fall of 15.71% against 22.72%. Nifty 50 Equal Weight's deepest daily drawdown ran 371 days from 4 Oct 2024. Allcap's ran 476 days from 20 Dec 2024. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again. ### Can I hold Nifty 50 Equal Weight and Allcap together? Yes, each is a separate rules based index in your own demat, and no name sits in both lists today. Minimum capital is about ₹2,49,000 and ₹2,25,000; 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) * [StrategyNifty 50 Equal Weight strategyNifty 50, 50 stocks, every 4 weeks](/strategies/nifty-50-equal-weight) * [StrategyAllcap strategyNifty Total Market, 50 stocks, every 2 weeks](/strategies/allcap) * [FactsheetNifty 50 Equal Weight factsheetOne page, print ready, model back test](/strategies/factsheets/nifty-50-equal-weight) * [FactsheetAllcap factsheetOne page, print ready, model back test](/strategies/factsheets/allcap) * [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) ## Nifty 50 Equal Weight or Allcap. 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.