--- title: "Focused Largecap 20 | Nifty 100 Momentum | RupeeCase" description: "20 momentum ranked stocks from the Nifty 100, equal weight, rotated every 4 weeks. A largecap index you own in your demat, 0.2% of traded value per rebalance." source_url: "https://www.rupeecase.com/strategies/focused-largecap-20" --- Momentum, Nifty 100 # Focused Largecap 20 momentum strategy Focused Largecap 20 is a RupeeCase index that holds 20 stocks from the Nifty 100, ranked by price momentum, rebalanced every 4 weeks. Model CAGR 26.3% (back tested, as of 27 Apr 2026), minimum about ₹1,00,000 (as of 8 Aug 2026), moderately high risk band. 20 largecap stocks, 4-week rotation. Pure equity on the Nifty 100. **Moderately High** risk band [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=focused-largecap-20) [Compare head to head](/strategies/compare/focused-largecap-20-vs-largecap-multi-asset) Runs in your own 5paisa, Zebu or Arrow demat. The shares stay in your name. 01At a glance ## Focused Largecap 20 in four numbers. CAGR**26.29%**Model, back tested Max drawdown**−23.56%**Model, back tested Minimum investment**₹1L**About ₹1,00,000 Fee per rebalance**0.2%**Of traded value, nothing else Focused Largecap 20, model**₹321**Nifty 50 TRI, 9.80% CAGR line**₹160** 150 200 300 ₹100 in Jul 2021 became ₹321 by Jul 2026 (Nifty 50 TRI line ₹160). 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 Focused Largecap 20](https://invest.rupeecase.com/signup?strategy=focused-largecap-20) ### 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 ## Focused Largecap 20 factsheet Model, back tested, after charges; each block names its date. Print [PDF factsheet](https://www.rupeecase.com/strategies/factsheets/focused-largecap-20) Performance Holdings and sectors Rebalances Risk metrics Methodology Costs Documents ### Performance6 years, 61 months ### Performance #### Calendar year returns * 2021from Jul**+17.7%** * 2022**+31.7%** * 2023**+58.7%** * 2024**+29.2%** * 2025**−3.5%** * 2026to Jul**+4.3%** Model, back tested, after charges, 2021 to Jul 2026. #### What an amount would have become One time Every month Amount, ₹ You put in₹1,00,000 Model value Gain Model, back tested monthly returns after charges, Jul 2021 to Jul 2026 (61 months). #### Stress test: drag through the falls Month**Feb 2025** Below the last peak**−20.5%** Back to the peak Model value, log scaleBelow the last peak Month on the record Deepest falls, daily record **−19.2%**Apr 2022, 112 days to recover **−15.4%**Dec 2022, 168 days to recover **−10.9%**Oct 2021, 154 days to recover **−7.3%**Sep 2023, 49 days to recover Exact dates of the deepest falls 1. **−19.16%**15 Apr 2022 to 5 Aug 2022*112 days* 2. **−15.37%**16 Dec 2022 to 2 Jun 2023*168 days* 3. **−10.86%**22 Oct 2021 to 25 Mar 2022*154 days* 4. **−7.28%**15 Sep 2023 to 3 Nov 2023*49 days* 5. **−5.81%**23 Sep 2022 to 21 Oct 2022*28 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, Jul 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 | no data | no data | −0.4 | 7.4 | 5.5 | 4.4 | −3.6 | 3.6 | +17.7% | | 2022 | −0.2 | −1.2 | 5.3 | 7.9 | −9.4 | −4.2 | 14.4 | 6.2 | 0.1 | 6.9 | 3.4 | 0.7 | +31.7% | | 2023 | −7.1 | −5.2 | 0.1 | 7.1 | 3.1 | 10.9 | 8.1 | −0.4 | 9.5 | −4.0 | 11.3 | 16.7 | +58.7% | | 2024 | 11.4 | 5.9 | 0.1 | 2.7 | 11.1 | 1.5 | 4.6 | −3.6 | 1.8 | −9.6 | 1.6 | 0.3 | +29.2% | | 2025 | −6.6 | −5.9 | 4.0 | 2.3 | 2.1 | 1.1 | −4.7 | −1.1 | 1.9 | 5.3 | −1.1 | −0.1 | −3.5% | | 2026 | −2.8 | 8.4 | −13.4 | 14.9 | 0.2 | −2.1 | 1.3 | no data | no data | no data | no data | no data | +4.3% | Model, back tested, after charges; one calendar month per cell, in percent. #### Rolling returns ##### Any 1 year, return Worst−16.8% Median+26.2% Best+119.6% Positive78%of 49 windows ##### Any 3 years, CAGR Worst+20.9% Median+31.1% Best+52.3% Positive100%of 25 windows Model, back tested, month end values, Jul 2021 to Jul 2026. ### Holdings and sectors20 holdings, 6 sectors ### Holdings and sectors #### 20 holdings * Equity**87%** * VEDL**5.0%** * ADANIPOWER**4.9%** * TATASTEEL**4.9%** * HAL**4.8%** * HINDZINC**4.8%** * NTPC**4.8%** * SHRIRAMFIN**4.8%** * VBL**4.6%** * NESTLEIND**4.6%** * TATAPOWER**4.6%** * PFC**4.6%** * LODHA**4.5%** * HINDALCO**4.4%** * ADANIGREEN**4.3%** * CGPOWER**4.3%** * ADANIENSOL**4.1%** * SIEMENS**3.7%** * ADANIPORTS**3.6%** * ENRIN**3.2%** * ADANIENT**2.6%** Live quantities and prices are in the app. [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=focused-largecap-20) Weights on the rebalance day, 6 Jul 2026; they drift with prices until the next rebalance. Model portfolio, not a recommendation. #### Sector allocation * Power & Utilities**25.7%** * Other, not yet mapped**24.9%** * Metals & Mining**21.9%** * Capital Goods**11.4%** * Banking & Financial**10.8%** * FMCG & Consumer**5.3%** 6 sectors in the equity sleeve; 24.9% not yet in the sector map. 20-stock large-cap universe with metals, power, financials, consumer, and industrials concentration. #### Sector weight by year 68 rebalances, 8 sectors touched, 7 held now. Show the year by year sector table | Sector | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Now | | --- | --- | --- | --- | --- | --- | --- | --- | | Other, not yet mapped | 57 | 56 | 62 | 72 | 75 | 37 | 46 | | Power & Utilities | 13 | 16 | 10 | 8 | 6 | 14 | 14 | | Metals & Mining | 11 | 4 | 4 | 5 | 8 | 17 | 14 | | Capital Goods | 8 | 9 | 9 | 2 | 3 | 7 | 11 | | FMCG & Consumer | 5 | 7 | 6 | 4 | 3 | 6 | 7 | | Banking & Financial | 3 | 4 | 6 | 4 | 4 | 11 | 4 | | Pharma & Healthcare | 0 | 1 | 1 | 2 | 1 | 3 | 4 | | Energy & Oil & Gas | 2 | 4 | 2 | 3 | 0 | 5 | out | Average weight of the equity sleeve that year, equal weighted at the stock level; darker is higher. Now: the list of 3 Jul 2026. ### Rebalances68 published, latest 3 Jul 2026 ### Rebalances #### The rebalance record published rebalances68 first in the record14 May 2021 13 a yearEvery 4 weeks latest published3 Jul 2026 A fixed calendar; you approve each rebalance before your broker places the orders. #### Latest rebalance, 3 Jul 2026 Against the list of 5 Jun 2026: **8 in**, **5 out**, 20 held, 28 on the list. ##### In * CHOLAFIN * TRENT * MAXHEALTH * PIDILITIND * TORNTPHARM * BAJFINANCE * INDHOTEL * ICICIBANK ##### Out * LODHA * TATAPOWER * HAL * PFC * NTPC The 20 held names are in Holdings. Model, back tested record. In plus held is the list size, which can differ from the 20 stock target. Not recommendations. #### Recent rebalances | Date | On the list | In | Out | | --- | --- | --- | --- | | 3 Jul 2026 | 28 | +8 | −5 | | 5 Jun 2026 | 25 | +5 | −11 | | 8 May 2026 | 31 | +9 | −4 | | 10 Apr 2026 | 26 | +6 | −4 | | 13 Mar 2026 | 24 | +2 | −6 | | 13 Feb 2026 | 28 | +7 | −5 | [Every rebalance with its names](/rebalance/focused-largecap-20/)[Rebalance history, CSV](/data/rebalances/focused-largecap-20.csv) #### Sector shifts of 10 points or more 17 such shifts in 68 rebalances. Show the latest six rebalances, what moved 1. 5 Jun 2026Other, not yet mapped **+21 pts** 2. 10 Apr 2026Other, not yet mapped **−10 pts** 3. 13 Feb 2026Other, not yet mapped **−11 pts** 4. 16 Jan 2026Other, not yet mapped **−10 pts** 5. 21 Nov 2025Other, not yet mapped **+11 pts** 6. 24 Oct 2025Banking & Financial **+11 pts**, Other, not yet mapped **−10 pts** Equity sleeve, between two consecutive lists. ### Risk metricsSharpe 1.20, volatility 21.22% ### Risk metrics #### Focused Largecap 20 against the Nifty 50 | Metric | Focused Largecap 20 | Nifty 50 | | --- | --- | --- | | Sharpe ratio | 1.20 | 0.69 | | Sortino ratio | 1.19 | 0.67 | | Calmar ratio | 1.11 | 0.54 | | Volatility, a year | 21.22% | 14.15% | | Max drawdown | −23.56% | −16.92% | | Best week | +7.94% | +6.36% | | Worst week | −6.75% | −6.33% | | Weeks up | 57.85% | 56.32% | | Average up week | +2.49% | +1.53% | | Average down week | −2.31% | −1.57% | Model, back tested, after charges. Weekly, rolling 5 years to 13 Jul 2026; Nifty 50 over the same window. #### Risk band **Moderately High**, Low to Very High Deepest model fall−23.56% Time horizon5 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. ##### Walk the risk band [One step safer (Moderate)Nifty 50 Equal WeightCAGR 16.4%, Sharpe 1.13, max drawdown −15.7%](/strategies/nifty-50-equal-weight)[One step bolder (High)MidcapCAGR 38.8%, Sharpe 1.49, max drawdown −24.9%](/strategies/midcap) 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 4 weeks ### Methodology #### How it works 1. 1**Universe**Start from the Nifty 100, filtered to stocks priced under ₹5,000. 2. 2**Rank**Score every stock by a risk adjusted momentum composite over several look backs. 3. 3**Select**Hold the top 20 names by score, equal weighted so no single name dominates. 4. 4**Rebalance**Every 4 weeks the model reruns: names out of the top 20 are sold, new entrants bought, and the full list is published. #### Configuration UniverseNifty 100 SleevesEquity 100 Holdings20, equal weight RebalanceEvery 4 weeks, 13 a year Max stock price₹5,000 BenchmarkNifty 50 (charts: Nifty 50 TRI CAGR line) Back test from9 Jul 2021 Metrics windowRolling 5 years PricesNSE BhavCopy, after brokerage, STT, exchange charges and GST Written forInvestors who want growth but read a 25% drawdown as opportunity, not panic #### Why Focused Largecap 20 An operations floor, RupeeCase on sample data * Largecap momentum on the Nifty 100 universe * 20 stocks equal-weighted, rebalanced every 4 weeks * The slowest-rebalancing pure-equity momentum card, so costs stay light * Pure largecap equity for capital that stays invested through cycles Read 4 more paragraphs, 99 words The pure-equity twin of LargeCap Multi Asset. Same 20-stock Nifty 100 momentum sleeve, same 4-week rebalance, but no debt overlay, no gold overlay. 100% equity. Twenty large-cap names, equal-weighted, re-screened every 4 weeks. Nothing here is exotic. The edge is discipline applied to the most liquid shelf of the market. The trade you accept is lower momentum capture, the screen reacts monthly rather than fortnightly. This is the pure-equity largecap slot. For a moderately aggressive investor who wants the equity engine without the turnover friction or thematic concentration, 20 largecap names rotated every 4 weeks is the direct expression. 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 * [Modern portfolio theory](/learn/path-4/module-4-1-modern-portfolio-theory) * [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) * [Risk metrics that matter](/learn/path-2/module-2-3-risk-metrics-that-matter) 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₹1,00,000 Rebalances, year to 3 Jul 202614 Traded, about6.2 timesthe portfolio Platform fee a year, about₹1,2401.2% 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+253.96%before costs Estimated costs−34.09 ptsbrokerage, STT and taxes Net return+219.87%after costs Nifty 50, same window+55.09%cumulative Model, back tested, cumulative, rolling 5 years to 13 Jul 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/focused-largecap-20) * [Rebalance history, CSV68 rebalances, 14 May 2021 to 3 Jul 2026.](/data/rebalances/focused-largecap-20.csv) * [Rebalance history page](/rebalance/focused-largecap-20/) * [Plain text (Markdown)](/strategies/focused-largecap-20.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 Focused Largecap 20 strategy? 20 largecap stocks, 4-week rotation. The conservative core. It selects the top 20 momentum names from Nifty 100 and rebalances every 4 weeks. ### What is the minimum investment for Focused Largecap 20? About ₹1,00,000 (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 Focused Largecap 20 compare to the Nifty 50? Focused Largecap 20 shows a model CAGR of 26.29% against 9.80% for the Nifty 50 TRI CAGR line (Jan 2021 to Jul 2026), with a Sharpe ratio of 1.20. Model, back tested. As of 27 Apr 2026. Past performance does not guarantee future returns. ### What is the worst drawdown Focused Largecap 20 has experienced? 23.56% peak to trough in the model record. The deepest period ran 112 days, from 15 Apr 2022 to 5 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 Focused Largecap 20? 0.2% of traded value per rebalance. No subscription, no AUM fee, no performance fee. About 1.2% of capital a year at 0.2% of traded value, from the published rebalance record: 14 rebalances in the year to 3 Jul 2026, about 6.2 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 ₹1,00,000 that is about ₹1,240 a year, an estimate from the model record, not a promise. ### Can I exit Focused Largecap 20 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 ## Large: Nifty 50 and Nifty 100. [All 18 strategies](/strategies/#sxPick) [Moderately HighHybrid Largecap Hybrid Nifty 100, 21 stocks, every 4 weeks CAGR, model22.74%Max DD−22.0%From₹1.25L](/strategies/largecap-hybrid) [Moderately HighMulti asset Large Cap Multi Asset Nifty 100, 22 stocks, every 4 weeks CAGR, model24.36%Max DD−21.0%From₹1.25L](/strategies/largecap-multi-asset) [ModerateEqual weight Nifty 50 Equal Weight Nifty 50, 50 stocks, every 4 weeks CAGR, model16.35%Max DD−15.7%From₹2.49L](/strategies/nifty-50-equal-weight) CAGR and Max DD on the cards: Model, back tested. As of 27 Apr 2026. ### Compare Focused Largecap 20 with * [vsLarge Cap Multi Asset](/strategies/compare/focused-largecap-20-vs-largecap-multi-asset) * [vsLargecap Hybrid](/strategies/compare/focused-largecap-20-vs-largecap-hybrid) * [vsNifty 50 Equal Weight](/strategies/compare/nifty-50-equal-weight-vs-focused-largecap-20) Explore next ## Go deeper on this strategy. * [GuideNifty Next 50 vs Nifty 50: the companies just below the top, and their recordThe 50 companies just below the top: thirteen years of returns, falls and valuations.](/guides/nifty-next-50) * [Free module 4.3Rebalancing Strategies9 min read](/learn/path-4/module-4-3-rebalancing-strategies) * [TierConservative core tier strategies3 strategies grouped by job](/strategies/by-tier/conservative) * [CalculatorLumpsum calculatorFree, with the formula and a worked example](/learn/tools/lumpsum-calculator) * [Blog noteFocused Largecap 20: twenty sized bets on a factsheetStrategy notes, a short note](/blog/2026-05-25-evening-focused-largecap-20-spotlight/) * [Blog noteLarge Cap Multi Asset: boring is the productStrategy notes, a short note](/blog/2026-06-01-evening-largecap-multi-asset-spotlight/) Ready when you are ## Focused Largecap 20 26.29% CAGR, model, back tested. About ₹1L to start. Every 4 weeks, you approve each one. [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=focused-largecap-20) [Compare head to head](/strategies/compare/focused-largecap-20-vs-largecap-multi-asset) 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.