--- title: "Energy Basket | Nifty Energy Momentum Strategy | RupeeCase" description: "10 momentum ranked stocks from the Nifty Energy (CNX Energy) universe, rotated every week. A thematic index in your demat, 0.2% of traded value per rebalance." source_url: "https://www.rupeecase.com/strategies/energy-basket" --- Thematic, CNX Energy # Energy Basket thematic momentum strategy Energy Basket is a RupeeCase index that holds 10 stocks from the CNX Energy, ranked by price momentum, rebalanced every week. Model CAGR 33.1% (back tested, as of 27 Apr 2026), minimum about ₹75,000 (as of 8 Aug 2026), high risk band. An energy momentum basket: 10 stocks from CNX Energy, rotated weekly. The thematic satellite. **High** risk band [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=energy-basket) [Compare with Midcap](/strategies/compare/midcap-vs-energy-basket) Runs in your own 5paisa, Zebu or Arrow demat. The shares stay in your name. 01At a glance ## Energy Basket in four numbers. CAGR**33.12%**Model, back tested Max drawdown**−39.48%**Model, back tested Minimum investment**₹75K**About ₹75,000 Fee per rebalance**0.2%**Of traded value, nothing else Energy Basket, model**₹410**Nifty 50 TRI, 9.80% CAGR line**₹162** 150 200 300 ₹100 in May 2021 became ₹410 by Jul 2026 (Nifty 50 TRI line ₹162). Model, back tested. As of 27 Apr 2026. After charges, log scale. 02Three steps ## Compare. Validate. Invest. 1. ### Compare Against the other 17 strategies, and funds, PMS and AIF. [Compare strategies](/compare) 2. ### Validate the back test Every year, fall, holding and rebalance, in the factsheet. Open the factsheet 3. ### Invest Link your broker and approve each rebalance. Stocks stay in your own demat; RupeeCase never holds your money. [Invest in Energy Basket](https://invest.rupeecase.com/signup?strategy=energy-basket) ### Invest, screen by screen Watch the walkthrough, 0:46 1. 1Each strategy page shows its model history and the Invest bar with the minimum. 2. 2The sheet opens with the minimum as the amount; Use minimum puts it back. 3. 3Practice follows the strategy with no real broker order. 4. 4Live shows your broker cash and asks for your consent before any order. Screens from the RupeeCase app. Model, back tested figures as of 27 Apr 2026; portfolio screens are a sample for illustration. 03Factsheet ## Energy Basket factsheet Model, back tested, after charges; each block names its date. Print [PDF factsheet](https://www.rupeecase.com/strategies/factsheets/energy-basket) Performance Holdings and sectors Rebalances Risk metrics Methodology Costs Documents ### Performance6 years, 61 months ### Performance #### Calendar year returns * 2021from May**+50.4%** * 2022**+18.0%** * 2023**+108.8%** * 2024**+16.1%** * 2025**−14.6%** * 2026to May**+19.4%** Model, back tested, after charges, 2021 to May 2026. #### What an amount would have become One time Every month Amount, ₹ You put in₹75,000 Model value Gain Model, back tested monthly returns after charges, May 2021 to May 2026 (61 months). #### Stress test: drag through the falls Month**Feb 2025** Below the last peak**−39.0%** Back to the peak Model value, log scaleBelow the last peak Month on the record Deepest falls, daily record **−25.2%**Apr 2022, 126 days to recover **−24.2%**Sep 2022, 294 days to recover **−13.4%**Jun 2021, 77 days to recover **−12.6%**Feb 2024, 56 days to recover Exact dates of the deepest falls 1. **−25.22%**15 Apr 2022 to 19 Aug 2022*126 days* 2. **−24.19%**16 Sep 2022 to 7 Jul 2023*294 days* 3. **−13.38%**18 Jun 2021 to 3 Sep 2021*77 days* 4. **−12.56%**23 Feb 2024 to 19 Apr 2024*56 days* 5. **−11.00%**21 Jan 2022 to 1 Apr 2022*70 days* Daily model record over rolling 5 years: peak to low, and days until back at that peak. Model, back tested. As of 27 Apr 2026. Month end values, May 2021 to Jul 2026, so falls read shallower than the daily figures on the buttons. Falls this deep can happen again. #### Monthly returns | Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2021 | no data | no data | no data | no data | 7.0 | 8.8 | −2.9 | 5.8 | 8.5 | 11.6 | −5.0 | 9.5 | +50.4% | | 2022 | 11.7 | −9.4 | 3.7 | 10.2 | −8.8 | −10.6 | 15.6 | 9.1 | −3.2 | 7.8 | −1.0 | −3.8 | +18.0% | | 2023 | −7.8 | −4.3 | −3.7 | 8.1 | 3.4 | 9.7 | 11.5 | 9.5 | 15.7 | −2.3 | 20.8 | 20.0 | +108.8% | | 2024 | 5.4 | 8.4 | −4.4 | 8.0 | 13.5 | −0.6 | −1.1 | 5.0 | 0.6 | −12.7 | −4.3 | −0.1 | +16.1% | | 2025 | −15.3 | −13.7 | 11.1 | 2.6 | 8.1 | 1.4 | −4.8 | −5.5 | 7.3 | 3.0 | −5.1 | −1.0 | −14.6% | | 2026 | −4.6 | 9.2 | −6.6 | 23.1 | −0.3 | no data | no data | no data | no data | no data | no data | no data | +19.4% | Model, back tested, after charges; one calendar month per cell, in percent. #### Rolling returns ##### Any 1 year, return Worst−31.0% Median+22.0% Best+193.8% Positive69%of 51 windows ##### Any 3 years, CAGR Worst+25.5% Median+33.2% Best+66.8% Positive100%of 27 windows Model, back tested, month end values, May 2021 to Jul 2026. ### Holdings and sectors10 holdings, 3 sectors ### Holdings and sectors #### 10 holdings * Equity**89%** * BHEL**10.0%** * ADANIPOWER**10.0%** * SUZLON**10.0%** * JPPOWER**10.0%** * ABB**9.8%** * TORNTPOWER**9.1%** * ADANIGREEN**8.5%** * ADANIENSOL**8.1%** * THERMAX**7.0%** * GVT&D**6.7%** Live quantities and prices are in the app. [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=energy-basket) Weights on the rebalance day, 11 May 2026; they drift with prices until the next rebalance. Model portfolio, not a recommendation. #### Sector allocation * Power & Utilities**63.5%** * Capital Goods**26.3%** * Other, not yet mapped**10.2%** 3 sectors in the equity sleeve; 10.2% not yet in the sector map. 100% energy and power complex by design. Power generation, transmission, distribution, and capital goods. Adani group companies sit among the holdings at this snapshot. #### Sector weight by year 262 rebalances, 4 sectors touched, 3 held now. Show the year by year sector table | Sector | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Now | | --- | --- | --- | --- | --- | --- | --- | --- | | Power & Utilities | 47 | 45 | 42 | 27 | 36 | 43 | 60 | | Capital Goods | 5 | 13 | 16 | 21 | 8 | 19 | 30 | | Other, not yet mapped | 45 | 35 | 38 | 51 | 54 | 25 | 10 | | Energy & Oil & Gas | 3 | 7 | 4 | 1 | 2 | 13 | out | Average weight of the equity sleeve that year, equal weighted at the stock level; darker is higher. Now: the list of 11 May 2026. ### Rebalances262 published, latest 11 May 2026 ### Rebalances #### The rebalance record published rebalances262 first in the record14 May 2021 52 a yearEvery week latest published11 May 2026 A fixed calendar; you approve each rebalance before your broker places the orders. #### Latest rebalance, 11 May 2026 Against the list of 8 May 2026: **0 in**, **1 out**, 10 held, 10 on the list. ##### Out * RPOWER The 10 held names are in Holdings. Model, back tested record. In plus held is the list size, which can differ from the 10 stock target. Not recommendations. #### Recent rebalances | Date | On the list | In | Out | | --- | --- | --- | --- | | 11 May 2026 | 10 | 0 | −1 | | 8 May 2026 | 11 | +1 | 0 | | 1 May 2026 | 10 | 0 | −3 | | 24 Apr 2026 | 13 | +3 | −3 | | 17 Apr 2026 | 13 | +3 | −1 | | 10 Apr 2026 | 11 | +1 | −2 | [Every rebalance with its names](/rebalance/energy-basket/)[Rebalance history, CSV](/data/rebalances/energy-basket.csv) #### Sector shifts of 10 points or more 48 such shifts in 262 rebalances. Show the latest six rebalances, what moved 1. 1 May 2026Energy & Oil & Gas **−15 pts** 2. 17 Apr 2026Power & Utilities **+17 pts**, Other, not yet mapped **−10 pts** 3. 20 Mar 2026Power & Utilities **+14 pts**, Other, not yet mapped **−11 pts** 4. 28 Nov 2025Power & Utilities **+14 pts**, Other, not yet mapped **−13 pts** 5. 26 Sep 2025Power & Utilities **+13 pts**, Other, not yet mapped **−10 pts** 6. 6 Jun 2025Other, not yet mapped **−12 pts**, Power & Utilities **+11 pts** Equity sleeve, between two consecutive lists. ### Risk metricsSharpe 1.12, volatility 30.47% ### Risk metrics #### Energy Basket against the Nifty 50 | Metric | Energy Basket | Nifty 50 | | --- | --- | --- | | Sharpe ratio | 1.12 | 0.73 | | Sortino ratio | 1.19 | 0.70 | | Calmar ratio | 0.87 | 0.58 | | Volatility, a year | 30.47% | 14.04% | | Max drawdown | −39.48% | −16.92% | | Best week | +12.06% | +6.36% | | Worst week | −11.29% | −6.33% | | Weeks up | 55.56% | 57.47% | | Average up week | +3.61% | +1.49% | | Average down week | −3.03% | −1.57% | Model, back tested, after charges. Weekly, rolling 5 years to 27 Apr 2026; Nifty 50 over the same window. #### Risk band **High**, Low to Very High Deepest model fall−39.48% Time horizon5 years or longer. Drawdowns of 39% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here. ##### Walk the risk band [One step safer (Moderately High)Dynamic Asset AllocatorCAGR 45.2%, Sharpe 2.32, max drawdown −10.6%](/strategies/dynamic-asset-allocator)[One step bolder (Very High)5Paisa Focused Alpha 5CAGR 54.1%, Sharpe 1.60, max drawdown −24.2%](/strategies/5paisa-focused-alpha-5) Card figures: Model, back tested. As of 27 Apr 2026. [Take the risk profile](/risk-profile) to find your band. #### Watch the figures explained ### MethodologyEvery week ### Methodology #### How it works 1. 1**Universe**Start from the CNX Energy, filtered to stocks priced under ₹20,000. 2. 2**Rank**Score every stock by a risk adjusted momentum composite over several look backs. 3. 3**Select**Hold the top 10 names by score, equal weighted so no single name dominates. 4. 4**Rebalance**Every week the model reruns: names out of the top 10 are sold, new entrants bought, and the full list is published. #### Configuration UniverseCNX Energy SleevesEquity 100 Holdings10, equal weight RebalanceEvery week, 52 a year Max stock price₹20,000 BenchmarkNifty 50 (charts: Nifty 50 TRI CAGR line) Back test from7 May 2021 Metrics windowRolling 5 years PricesNSE BhavCopy, after brokerage, STT, exchange charges and GST Written forGrowth-oriented investors comfortable with double-digit drawdowns #### Why Energy Basket Where the models run * Thematic energy momentum on the CNX Energy universe * 10 stocks equal-weighted, rotated weekly, the fastest cadence on the lineup * Moves with the Indian energy capex cycle, in both directions * Satellite sizing only: 5 to 10% of equity Read 4 more paragraphs, 169 words One of two thematic satellite cards on the lineup, alongside Healthcare Basket. The index screens the CNX Energy (Nifty Energy) universe for the top 10 momentum-ranked stocks priced under 20000, holds them equal-weighted at roughly 10% each, and rotates every week. That weekly rotation is the differentiator: this is the fastest cadence on the marketplace. High turnover means the index can lock in regime gains fast when the energy cycle runs, and it also means drawdowns can be sharp when the cycle turns. Ten names from one sector means the card moves as a bloc. Diversification inside the basket is real but diversification across sectors is zero by design. Expect the ride to look like the energy cycle itself, amplified by the momentum screen. This is NOT a core holding. Single-sector concentration risk is real, energy stocks rise and fall together when oil, gas, or power policy and commodity cycles shift. Investors without that view should sit out and put the same capital into Allcap or Midcap Smallcap instead. A description, not a recommendation. Decide your own allocation, or ask a SEBI registered investment adviser. #### How the rule was built Machine learning tested the signals, the number of names and the cadence out of sample. The rule that ships is frozen and published: a fixed, readable algorithm, not a black box. [The engine and the audit trail](/technology) #### Learn the mechanics * [Factor timing](/learn/path-3/module-3-7-factor-timing-and-cycles) * [Factor investing in India](/learn/path-3/module-3-8-factor-investing-india-evidence) * [Momentum factor](/learn/path-3/module-3-1-momentum-factor-deep-dive) * [How back testing works](/learn/path-2/module-2-4-how-backtesting-works) Free Learn modules, no sign up. ### Costs0.2% per rebalance ### Costs #### One fee per rebalance **0.2%**of traded value, charged only when a rebalance trades No subscription, AUM or performance fee; broker charges are separate. [Fee calculator](/fee-calculator) [Pricing](/pricing) #### A year on the minimum Minimum capital₹75,000 Rebalances, year to 11 May 202653 Traded, about11.2 timesthe portfolio Platform fee a year, about₹1,6802.3% of capital Estimate from the model rebalance record at 0.2% of traded value; weight resets and broker charges excluded. #### Costs inside the back test Gross return+416.69%before costs Estimated costs−77.74 ptsbrokerage, STT and taxes Net return+338.95%after costs Nifty 50, same window+59.62%cumulative Model, back tested, cumulative, rolling 5 years to 27 Apr 2026. Net is gross minus estimated costs. ### DocumentsPDF, CSV ### Documents #### Download and print * **Print or save as PDF** * [PDF factsheet by email](https://www.rupeecase.com/strategies/factsheets/energy-basket) * [Rebalance history, CSV262 rebalances, 14 May 2021 to 11 May 2026.](/data/rebalances/energy-basket.csv) * [Rebalance history page](/rebalance/energy-basket/) * [Plain text (Markdown)](/strategies/energy-basket.md) * [Disclaimers](/disclaimers) RupeeCase is a technology platform, not a fund, a PMS or a SEBI registered investment adviser. Model, back tested. As of 27 Apr 2026. Model figures are after estimated charges and are not actual client returns. Past performance does not guarantee future returns; capital can be lost. ## Invest, the walkthrough Allcap, model history after charges. Model, back tested. Not a promise of future returns.Investing: Practice first, then Live 5 chapters, 0:46, no sound 1. [Chapter 1The Invest bar0:08](/instiv2/media/wt3/invest-practice-live-bar-phone-dark-v3.mp4) 2. [Chapter 2Amount and Use minimum0:13](/instiv2/media/wt3/invest-practice-live-amount-phone-dark-v3.mp4) 3. [Chapter 3Practice0:06](/instiv2/media/wt3/invest-practice-live-practice-phone-dark-v3.mp4) 4. [Chapter 4Live0:14](/instiv2/media/wt3/invest-practice-live-live-phone-dark-v3.mp4) 5. [Chapter 5Your portfolio0:05](/instiv2/media/wt3/invest-practice-live-status-phone-dark-v3.mp4) Steps in this video 1. Allcap, model history after charges. Model, back tested. Not a promise of future returns. 2. The Invest bar shows the minimum for this strategy. 3. Invest opens the sheet with the minimum as the amount. 4. Type any amount at or above the minimum. 5. Use minimum puts the minimum back. 6. Practice is chosen first. It follows the strategy with no real broker order. 7. Live shows the cash at your broker. 8. Nothing is sent until you accept the consent text and press Invest now. 9. Each portfolio shows its mode, broker and status at the top. 04Questions ## Before you commit capital. ### What is the Energy Basket strategy? 10 stocks from CNX Energy, rotated weekly. The thematic satellite. It selects the top 10 momentum names from CNX Energy and rebalances every week. ### What is the minimum investment for Energy Basket? About ₹75,000 (as of 8 Aug 2026), enough to hold one share of every name in the book at recent prices. The figure moves with the prices of the holdings. ### How does Energy Basket compare to the Nifty 50? Energy Basket shows a model CAGR of 33.12% against 9.80% for the Nifty 50 TRI CAGR line (Jan 2021 to Jul 2026), with a Sharpe ratio of 1.12. Model, back tested. As of 27 Apr 2026. Past performance does not guarantee future returns. ### What is the worst drawdown Energy Basket has experienced? 39.48% peak to trough in the model record. The deepest period ran 126 days, from 15 Apr 2022 to 19 Aug 2022. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again, so size the position for it. ### What are the fees on Energy Basket? 0.2% of traded value per rebalance. No subscription, no AUM fee, no performance fee. About 2.3% of capital a year at 0.2% of traded value, from the published rebalance record: 53 rebalances in the year to 11 May 2026, about 11.2 times the portfolio traded (sales and purchases). Weight resets and broker side charges (brokerage, STT, exchange charges, GST) are not included. Turnover varies year to year. On the minimum capital of ₹75,000 that is about ₹1,680 a year, an estimate from the model record, not a promise. ### Can I exit Energy Basket at any time? Yes. No lock-in. Holdings sit in your own broker demat account and you can sell any name on any market day. Switching strategies or pausing the rebalance is a one-click action on the platform. 05Same family ## Thematic: Energy and healthcare. [All 18 strategies](/strategies/#sxPick) [HighThematic Healthcare Basket Nifty MidSmall Healthcare, 10 stocks, every week CAGR, model15.19%Max DD−33.3%From₹36K](/strategies/healthcare-basket) CAGR and Max DD on the cards: Model, back tested. As of 27 Apr 2026. ### Compare Energy Basket with * [vsMidcap](/strategies/compare/midcap-vs-energy-basket) * [vsAllcap](/strategies/compare/energy-basket-vs-allcap) Explore next ## Go deeper on this strategy. * [TierThematic satellite tier strategies2 strategies grouped by job](/strategies/by-tier/thematic) * [Blog noteEnergy Basket: the satellite, not the planetStrategy notes, a short note](/blog/2026-05-02-evening-energy-basket-satellite/) * [Blog noteRisk profile fit: the drawdown you can actually sit throughPortfolio construction, a short note](/blog/2026-05-03-evening-risk-profile-fit/) * [SectorCapital Goods stocksNSE sector across the 18 index algos](/sectors/capital-goods) * [StockADANIENSOL, Adani Energy SolutionsOn 12 of 18 latest lists](/stocks/ADANIENSOL) * [Free module 7.6Corporate Earnings Cycle in India10 min read](/learn/path-7/module-7-6-corporate-earnings-cycle-india) Ready when you are ## Energy Basket 33.12% CAGR, model, back tested. About ₹75K to start. Every week, you approve each one. [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=energy-basket) [Compare with Midcap](/strategies/compare/midcap-vs-energy-basket) 0.2% of traded value per rebalance. No AUM fee, no lock in. Line: the model record after charges, as of 27 Apr 2026. Not a promise of future returns.