--- title: "Allcap Factsheet | Model Back Test | RupeeCase" description: "Allcap factsheet: model CAGR 44.70%, max drawdown −22.72%, Sharpe 1.68, back tested as of 27 Apr 2026. Holdings, months, falls, costs. Print or save as PDF." source_url: "https://www.rupeecase.com/strategies/factsheets/allcap" --- Factsheet, model back tested # Allcap factsheet Allcap is a RupeeCase index that holds 50 stocks from the Nifty Total Market, ranked by price momentum, rebalanced every 2 weeks. Model CAGR 44.7% (back tested, as of 27 Apr 2026), minimum about ₹2,25,000 (as of 8 Aug 2026), moderately high risk band. The Allcap factsheet puts its model, back tested record on one printable page. [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=allcap) 50 stocks from the Nifty Total Market. Fortnightly rotation. Calendar years, model, back tested, after charges. Print or save as PDF Email me the PDF [Read the Allcap strategy page](/strategies/allcap) CAGR**44.70%**Nifty 50 TRI line 9.8% Max drawdown**−22.72%**peak to trough, model Sharpe ratio**1.68**Nifty 50 0.69 Minimum capital**₹2.25L**about ₹2,25,000 Model, back tested. As of 27 Apr 2026. After charges. Not a promise of future returns. Allcap, model**₹611**Nifty 50 TRI, 9.8% CAGR line**₹160** 100 150 200 300 500 ₹100 became ₹611, Jul 2021 to Jul 2026 (Nifty 50 TRI line ₹160). Log scale. ### Performance, risk, efficiency * Metric**Allcap***Nifty 50* * Performance * CAGR**44.70%***9.8%* * Cumulative return**+588.18%***+55.09%* * Sharpe ratio**1.68***0.69* * Sortino ratio**1.60***0.67* * Calmar ratio**1.96***0.54* * Risk * Max drawdown**−22.72%***−16.92%* * Volatility, a year**23.58%***14.15%* * Best week**+8.57%***+6.36%* * Worst week**−10.97%***−6.33%* * Efficiency * Weeks up**62.07%***56.32%* * Average up week**+2.73%***+1.53%* * Average down week**−2.48%***−1.57%* Model, after charges; weekly, rolling 5 years to 13 Jul 2026. CAGR, Sharpe and max drawdown as of 27 Apr 2026. ### Configuration UniverseNifty Total Market (max 5000) SleevesEquity 100 Holdings50, equal weight in the equity sleeve RebalanceEvery 2 weeks, 26 a year Max stock price₹5,000 TierFull equity core BenchmarkNifty 50 Minimum as of8 Aug 2026 Back test from9 Jul 2021 Metrics windowRolling 5 years ### Calendar year returns * 2021from Jul**+14.7%** * 2022**+28.8%** * 2023**+99.0%** * 2024**+76.5%** * 2025**−4.2%** * 2026to Jul**+26.6%** Model, back tested, after charges, 2021 to Jul 2026. ### Deepest falls 1. **−22.72%**20 Dec 2024 to 10 Apr 2026*476 days* 2. **−17.94%**21 Jan 2022 to 5 Aug 2022*196 days* 3. **−12.42%**6 Aug 2021 to 24 Sep 2021*49 days* 4. **−11.58%**6 Jan 2023 to 21 Apr 2023*105 days* 5. **−11.44%**9 Feb 2024 to 29 Mar 2024*49 days* Daily model record, rolling 5 years: peak to low, days to recover. ### Monthly returns * **2021**no datano datano datano datano datano data3.0−6.64.9−0.41.312.8**+14.7%** * **2022**1.9−11.84.57.2−8.70.511.65.1−0.24.16.77.2**+28.8%** * **2023**−6.7−4.33.99.24.610.413.59.26.63.013.89.8**+99.0%** * **2024**12.20.2−2.911.88.49.73.54.05.7−5.49.23.5**+76.5%** * **2025**−12.1−11.49.41.09.71.4−5.02.3−0.24.2−0.1−0.9**−4.2%** * **2026**−2.36.9−8.218.52.37.51.2no datano datano datano datano data**+26.6%** Model, after charges; one calendar month per cell, in percent. ### 50 holdings * Equity**100%** Equal weight, 2.0% each. * 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 * COHANCE * HCC * KIRLPNU * BALAMINES * JAIBALAJI * HSCL * DATAPATTNS * SCI * SKYGOLD * SKIPPER * ELECON * BSE * PTC * PNBHOUSING * SYRMA * SUZLON * NETWEB * DIACABS * FINCABLES * BANDHANBNK * GOKULAGRO * ASHAPURMIN * OLAELEC * EIEL * ANGELONE * PFOCUS Weights on the rebalance day, 6 Jul 2026; they drift with prices until the next rebalance. Model portfolio, not a recommendation to buy or sell any stock. ### Sector allocation * Capital Goods**18.0%** * Other, not yet mapped**18.0%** * Power & Utilities**16.0%** * IT & Technology**12.0%** * Chemicals**10.0%** * FMCG & Consumer**6.0%** * Auto & Components**6.0%** * Banking & Financial**6.0%** * Metals & Mining**4.0%** * Realty & Construction**2.0%** * Energy & Oil & Gas**2.0%** 11 sectors in the equity sleeve. ### How it works 1. 1**Universe**Nifty Total Market, stocks priced under ₹5,000. 2. 2**Rank**A risk adjusted momentum composite scores every stock. 3. 3**Select**The top 50 names, equal weighted. 4. 4**Rebalance**Every 2 weeks: names out are sold, entrants bought, the list published. ### Costs Platform fee0.2% of traded value per rebalance; no AUM or performance fee, no lock in A year on the minimum, about₹5,000 (2.2% of capital): 27 rebalances in the year to 3 Jul 2026, about 11.1 times the portfolio traded (sales and purchases), model record Inside the back testGross +623.74%, costs −94.55 pts, net +529.19%, rolling 5 years to 13 Jul 2026 Broker sideBrokerage, STT, exchange charges, GST ### Rebalance record Published rebalances135, 14 May 2021 to 3 Jul 2026 Names on the latest list60 (target 50) Every list is public, with the names in and out. RupeeCase is a technology platform, not a fund, a PMS or a SEBI registered investment adviser. Model figures are back tested, after estimated charges, and are not actual client returns or a promise of future returns; capital can be lost. Prices: NSE BhavCopy; the back test deducts brokerage, STT, exchange charges and GST. https://www.rupeecase.com/strategies/factsheets/allcap 02The PDF ## Email me the PDF. No sign up to read; Print saves a PDF. Leave an email for a copy and a note when Allcap rebalances. Two emails a month at most. Noted on this device. Print saves the PDF any time. In the app ## How a strategy is chosen. 1. 1Search finds strategies by name, theme or type: here, mid. 2. 2Each card: growth per year beside the NIFTY 50, max drawdown, risk band, minimum, rebalance and stocks. 3. 3The strategy page: model history after charges, the NIFTY 50 beside it, and the risk band. 4. 4Key figures: today, growth per year and max drawdown, each beside the NIFTY 50. 5. 5The History tab: every rebalance in the model record, with the stocks sold and how each did. Screens from the RupeeCase app, shown with Allcap. Model, back tested. As of 27 Apr 2026. [Watch the walkthrough](/strategies/#sxChoose) 03Documents ## Everything behind the sheet. * [Allcap strategy page](/strategies/allcap) * [Rebalance history135 rebalances](/rebalance/allcap/) * [Rebalance history, CSV](/data/rebalances/allcap.csv) * [Allcap as plain text](/strategies/allcap.md) * [Full equity core tier](/strategies/by-tier/full-equity) * [Disclaimers](/disclaimers) ### Compare Allcap with * [vsAllcap Multi Asset](/strategies/compare/allcap-vs-allcap-multi-asset) * [vs5Paisa Focused Alpha 5](/strategies/compare/5paisa-focused-alpha-5-vs-allcap) * [vsMidcap](/strategies/compare/midcap-vs-allcap) * [vsEnergy Basket](/strategies/compare/energy-basket-vs-allcap) * [vsNifty 50 Equal Weight](/strategies/compare/nifty-50-equal-weight-vs-allcap) ### Other factsheets * [higher CAGRDynamic Asset AllocatorCAGR 45.2%](/strategies/factsheets/dynamic-asset-allocator) * [lower CAGRMidcap SmallcapCAGR 42.6%](/strategies/factsheets/midcap-smallcap) * [All marketAllcap Multi Asset](/strategies/factsheets/allcap-multi-asset) * [All marketTotalMarket Hybrid](/strategies/factsheets/totalmarket-hybrid) CAGR on the cards: Model, back tested. As of 27 Apr 2026. 04Questions ## The Allcap factsheet, in plain words. ### What does the Allcap factsheet show? The model, back tested record of Allcap: a CAGR of 44.70%, a deepest fall of −22.72% and a Sharpe ratio of 1.68 as of 27 Apr 2026, with 50 holdings rebalanced every 2 weeks. Every figure is after estimated charges and names its date. ### What does it cost to run Allcap? 0.2% of traded value per rebalance, nothing else: no subscription, no AUM fee, no performance fee and no lock in. About 2.2% of capital a year at 0.2% of traded value, from the published rebalance record: 27 rebalances in the year to 3 Jul 2026, about 11.1 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 ₹2,25,000 that is about ₹5,000 a year, an estimate from the model record, not a promise. ### How much capital does Allcap need? About ₹2,25,000, enough to hold one share of every name at recent prices, as of 8 Aug 2026. More capital tracks the model weights more closely. ### Are these actual returns? No. RupeeCase is a technology platform, not a fund, a PMS or a SEBI registered investment adviser. Model figures are back tested, after estimated charges, and are not actual client returns or a promise of future returns; capital can be lost. Explore next ## Read the record behind the factsheet. * [Free module 3.1The Momentum Factor11 min read](/learn/path-3/module-3-1-momentum-factor-deep-dive) * [CalculatorSTP calculatorFree, with the formula and a worked example](/learn/tools/stp-calculator) * [Blog noteAllcap: the number everyone quotes and nobody picksStrategy notes, a short note](/blog/2026-06-08-evening-allcap-spotlight/) * [SectorCapital Goods stocksNSE sector across the 18 index algos](/sectors/capital-goods) * [Free module 2.4How Backtesting Works8 min read](/learn/path-2/module-2-4-how-backtesting-works) ## Allcap. Read the rules, then decide. [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=allcap)[Compare Allcap](/strategies/compare/allcap-vs-allcap-multi-asset) About ₹2.25L to start. 0.2% of traded value per rebalance, no lock in.