Nifty 50 Equal Weight
All 50 Nifty names, equal weight. The simplest card on the lineup. 4-week rebalance.
Risk: Moderate
Universe: Nifty 50
Benchmark: Nifty 50
Equal Weight 50 x 2%
The simplest card on the lineup: all 50 Nifty names held at equal weight, no selection screen, rebalanced every 4 weeks. Discipline over selection, the equal weighting is the entire edge versus the cap-weighted index. Over the rolling 5 year window from 9 Jul 2021 the strategy produced a 111.67% cumulative return against the Nifty 50's 52.59%, and its max drawdown of 15.71% stayed shallower than the index's own 16.92%, a structural result of equal weight cutting single-stock concentration.
Net Return (5Y)
+111.67%
Nifty 50: +55.09%
Alpha vs Nifty 50
+59.08%
Cumulative outperformance
CAGR
+16.24%
Nifty 50: +9.17%
Performance, Risk, Efficiency (5Y rolling) | returns as of 28 Jul 2026, risk metrics as of 13 Jul 2026
| Metric | Strategy | Nifty 50 |
|---|
| Performance |
| Cumulative Return | 111.67% | 55.09% |
| Annualised Return (CAGR) | 16.24% | 9.17% |
| Sharpe Ratio | 1.13 | 0.69 |
| Sortino Ratio | 1.11 | 0.67 |
| Calmar Ratio | 1.03 | 0.54 |
| Risk |
| Max Drawdown | -15.71% | -16.92% |
| Volatility (Annualised) | 14.23% | 14.15% |
| Best Week | +5.50% | +6.36% |
| Worst Week | -6.48% | -6.33% |
| Efficiency |
| Win Rate | 56.70% | 56.32% |
| Avg Win | +1.66% | +1.53% |
| Avg Loss | -1.50% | -1.57% |
Configuration
Cost Decomposition (as of 13 Jul 2026)
Gross Return
115.10%
Pre-cost
Estimated Cost
2.77%
Brokerage, STT, taxes
Net Return
112.32%
What investors realise
A 4 week equal-weight reset trades very little, so the cost drag stays structurally low: low turnover means low cost, and almost all of the gross return survives to net.
Year by Year Performance
Monthly Returns Heatmap (5Y rolling)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|
How the book is built
All 50 Nifty constituents sit at a 2% target weight each. Prices drift the weights between rebalances, and every 4 weeks the book resets: trim what has run, top up what has lagged. Additions and deletions follow the index itself, so the card never holds a name the Nifty 50 does not. This card replaced the retired 10-stock RupeeCase Nifty strategy in Jul 2026.
Weights reset every 4 weeks. 65 rebalance events logged since Aug 2021. Last rebalance 6 Jul 2026. Next scheduled 3 Aug 2026. Full history on the
rebalance page.
Worst 5 Drawdown Periods
| Started | Recovered | Max Drawdown | Duration (days) |
|---|
| 2024-10-04 | 2025-10-10 | -15.71% | 371 |
| 2022-04-15 | 2022-07-29 | -13.86% | 105 |
| 2022-01-21 | 2022-04-01 | -10.28% | 70 |
| 2022-12-09 | 2023-05-19 | -9.94% | 161 |
| 2021-10-22 | 2022-01-07 | -8.91% | 77 |
Key Insight (written 13 Jul 2026)
The edge is discipline, not selection. Every position gets the same 2% target, so the top 5 index heavyweights cannot dominate outcomes the way they do in the cap-weighted benchmark. The flip side is honest: the card lagged in mega-cap-led phases and won when breadth returned, which is the trade an equal-weight investor signs up for. It suits first-time systematic investors who want index breadth with balance and one rule they can explain at a dinner table. Minimum capital is ₹2,01,774 and the headline figures above refresh daily.
Private and Confidential. Backtest results are rolling 5 years (from 9 Jul 2021) on the platform's standard methodology with all estimated charges (brokerage, STT, taxes) deducted. Net return is computed as Gross 115.10 percent minus Cost 2.77 percent equals 112.32 percent. Past performance is not indicative of future results. RupeeCase platform fee is 0.2 percent on traded value, charged only when trades execute. No subscription, no AUM fee. Market-linked products carry market risk including loss of principal. Read all scheme-related documents at invest.rupeecase.com/disclaimers before investing. This factsheet is for information only and does not constitute investment advice.