EQUITY

Large Mid Hybrid

40 equity + LIQUIDCASE. 80/20 equity-plus-debt on LargeMidCap 250. CAGR 35.41%. Sharpe 1.67.

Updated 11 Jun 2026 Rebalances 2 weeks Next: 2026-05-25

Start with Large Mid Hybrid → View factsheet Rebalance history

0.2% on traded value · No AUM fee · No lock-in · Minimum ₹252195 · Capital stays in your own broker

CAGR

35.41%

Sharpe Ratio

1.67

Max Drawdown

-18.27%

Min Capital

₹252195

How It Works

Step 1 | Universe Start from Nifty LargeMidCap 250 filtered to stocks priced under ₹5000. Equity sleeve sits inside a multi-asset frame with debt and gold.
Step 2 | Rank Score every stock in the universe by a momentum composite (price trend over multiple lookbacks, risk-adjusted). The top names by score become the candidate list.
Step 3 | Select Hold the top 41 equity holdings plus the configured debt and gold sleeves. Equity is equal-weighted within the sleeve; the multi-asset weights are fixed.
Step 4 | Rebalance Every 2 weeks the model re-runs end-to-end. Names that fall out of the top 41 are sold; new entrants are bought. You see the full holdings list at every rebalance.

Who This Is For

Suitable for

investors who want a balanced equity tilt with a built-in volatility cushion

Suggested allocation

core equity allocation, 30 to 60 percent of total equity bucket

Time horizon

5 years or longer. Drawdowns of 18% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.

Capital required

₹252195 minimum. This buys roughly one share of every holding at current prices. Investing more buys fractions of additional units and tightens the model's expected behaviour.

Strategy Configuration

Universe

Nifty LargeMidCap 250

Holdings

41 stocks

Rebalance

2 weeks

Risk Level

Moderate

Benchmark

Nifty 50

Max Stock Price

₹5000

Live NAV | Backtested 2021 onwards

Large Mid Hybrid vs Nifty 50

Both indexed to 100 on inception. Hover for date-by-date NAV. Range chips to zoom; expand button for full window.

NAV indexed to 100 on inception (Jan 2021 or later). Backtested returns include realistic transaction costs. Past performance is not indicative of future results. Source: NSE BhavCopy.

Performance Metrics

Metric	Large Mid Hybrid	Nifty 50
CAGR	35.41%	9.80%
Cumulative Return	355.58%	59.62%
Sharpe Ratio	1.67	0.73
Max Drawdown	-18.27%	-16.92%
Volatility	19.25%	14.04%

Cost Decomposition

Gross Return

408.87%

Total Cost

53.29%

Net Return

355.58%

What this would have returned

Your amount run through Large Mid Hybrid's backtested monthly returns (2021-05-07 to now, after costs). A backtest, not a promise.

Invest ₹ per month

You put in

₹0

Backtested value

₹0

Gain

₹0

Over 61 months of backtested monthly returns, after estimated costs. Past performance is not indicative of future results. See the factsheet.

Worst 5 Drawdowns

Started	Recovered	Max DD	Duration (days)
2024-09-27	2025-10-10	-18.27%	378
2022-04-15	2022-08-05	-14.19%	112
2022-12-23	2023-06-02	-12.83%	161
2026-03-06	2026-04-10	-10.29%	35
2024-02-23	2024-03-29	-7.98%	35

Yearly Returns

2021

+26.8%

2022

+38.1%

2023

+59.1%

2024

+41.5%

2025

+7.4%

2026

+7.5%

Asset class allocation

Equity 80.1% 40 momentum-ranked stocks, rebalanced 2 weeks

Debt 19.9% LiquidCase | overnight liquid debt ETF | par-value drawdown buffer

Sleeve weights are computed from current holdings. Equity rebalances every cycle; debt and gold sleeves rebalance on the same schedule to maintain target weights.

Sector allocation

8 sectors represented in the equity sleeve. Largest concentration: Diversified at 30.6%. Equal-weighted at the stock level, so sector weights drift with which momentum names rank highest.

Diversified 30.6%

Power & Utilities 23.6%

Capital Goods 13.8%

Banking & Financial 11.7%

Metals & Mining 10.7%

FMCG & Consumer 4.8%

Pharma & Healthcare 2.6%

Auto & Components 2.3%

Sector rotation

170 rebalances . 10 sectors touched . 8 live today.

Darker cell . higher weight . blank . sector not held

Diversified

32%

Power & Utilities

22%

Capital Goods

15%

Banking & Financial

12%

Metals & Mining

10%

FMCG & Consumer

Auto & Components

Pharma & Healthcare

Energy & Oil & Gas

out

Realty & Construction

out

202120222023202420252026

Equal weighted at the stock level . source rebalance CSV . sector map curated against NSE listings . 2 sectors previously held now exited

Latest move . 2026-05-01 to 2026-05-08

Diversified +29ppCapital Goods +5pp

tickers added: HUDCO COCHINSHIP ADANIENT TORNTPOWER VBL ATGL NESTLEIND ADANIPORTS IDEA ENRIN LODHA JSWENERGY TATAPOWER HAL GODREJIND

Out

Realty & Construction out (was 2%)Metals & Mining -10ppBanking & Financial -17ppFMCG & Consumer -2ppPharma & Healthcare -2pp

tickers removed: DMART NIACL SHRIRAMFIN LAURUSLABS FEDERALBNK TATASTEEL OBEROIRLTY HINDZINC JINDALSTEL UNIONBANK AUBANK TITAN INDIANB NMDC TATAINVEST

Rotation events . shifts 10pp or more

2026-05-08 Diversified +29pp, Banking & Financial -17pp added HUDCO, COCHINSHIP, ADANIENT, TORNTPOWER, VBL, ATGL, NESTLEIND, ADANIPORTS, IDEA, ENRIN, LODHA, JSWENERGY, TATAPOWER, HAL, GODREJIND . removed DMART, NIACL, SHRIRAMFIN, LAURUSLABS, FEDERALBNK, TATASTEEL, OBEROIRLTY, HINDZINC, JINDALSTEL, UNIONBANK, AUBANK, TITAN, INDIANB, NMDC, TATAINVEST
2026-04-10 Diversified -15pp added LLOYDSME, MCX, WAAREEENER, DMART, LAURUSLABS, NLCINDIA, BSE . removed ASTRAL, AJANTPHARM, CGPOWER, IPCALAB, SUNPHARMA, TATAPOWER, IDEA
2026-03-27 Diversified -12pp added AUROPHARMA, PREMIERENE, ADANIPOWER, IPCALAB, SUNPHARMA, TATAPOWER, PFC, ADANIENSOL, THERMAX, OIL . removed HINDZINC, M&MFIN, MOTHERSON, CANBK, BEL, LTF, TORNTPOWER, INDUSTOWER, KEI, TVSMOTOR
2026-02-13 Diversified -12pp added JINDALSTEL, WAAREEENER, SONACOMS, PFC, ONGC, JSWSTEEL, IOC, MOTHERSON, CUMMINSIND, NTPC . removed BANKBARODA, TECHM, COALINDIA, IDFCFIRSTB, TVSMOTOR, TITAN, SUNDARMFIN, HCLTECH, PAYTM, SBILIFE

Current Holdings

41 positions as of 2026-05-11 rebalance. Allocation percentages reflect equal-weighted sleeve at rebalance day; current values drift with price.

BHEL

1.9%

ADANIPOWER

2.0%

ADANIGREEN

1.6%

ADANIENSOL

1.6%

LLOYDSME

1.4%

BSE

1.5%

SUZLON

2.0%

GVT&D

1.7%

THERMAX

1.8%

MCX

1.3%

HUDCO

1.9%

COCHINSHIP

2.0%

RADICO

1.4%

NATIONALUM

1.9%

ADANIENT

2.0%

MAHABANK

2.0%

TORNTPOWER

1.8%

PREMIERENE

1.9%

SAIL

2.0%

VBL

2.0%

NLCINDIA

1.9%

SIEMENS

1.4%

VEDL

1.9%

CGPOWER

1.7%

ATGL

1.9%

NESTLEIND

1.7%

BHARATFORG

1.6%

ADANIPORTS

1.4%

NAM-INDIA

1.7%

IDEA

2.0%

ENRIN

1.2%

AUROPHARMA

1.8%

HINDALCO

1.7%

NTPCGREEN

2.0%

LODHA

1.7%

JSWENERGY

1.8%

TATAPOWER

1.9%

HAL

1.9%

GODREJIND

1.7%

PFC

1.7%

LIQUIDCASE

Debt

19.9%

Want live quantities, prices, and book values? View live in the platform →

Why This Strategy

The simpler defensive sibling of LargeMid Multi Asset. Same 40-stock equity sleeve, same LargeMidCap 250 universe, same 2-week rebalance, but the 10% gold sleeve is folded into debt for a 20% LiquidCase cushion.

The 5-year backtest produced a cumulative return of 355.58% against the Nifty 50's 59.62%. CAGR 35.41%. Sharpe 1.67. Max drawdown 18.27%.

The trade versus the multi-asset twin: 1.09 percentage points of CAGR (35.41 vs 36.50), a 0.67 percentage point deeper max drawdown (18.27 vs 17.60), and 0.05 lower Sharpe (1.67 vs 1.72). What you save: cleaner regulatory profile (no commodity), one fewer holding to track, and the same 5-year cost as Large Mid Multi Asset at 53.29 percent versus the pure-equity twin's 66.53 percent. That cost saving compounds.

This is for an investor who explicitly does not want gold exposure. The structural ride is similar to the multi-asset twin and the LargeMidCap quality tilt is preserved.

CAGR 35.41% versus Nifty's 9.80%. Sharpe 1.67. Max drawdown 18.27%. Min 252195.

Key Takeaways

LargeMidCap 250 momentum with 80/20 equity-plus-debt overlay
Sharpe 1.67 with shallower drawdown than pure-equity peers
CAGR 35.41% with cost 53.29% (same as multi-asset twin)
Max drawdown 18.27% over 378 days

Frequently Asked Questions

What is the Large Mid Hybrid strategy?

40 equity + LIQUIDCASE. 80/20 equity-plus-debt on LargeMidCap 250. CAGR 35.41%. Sharpe 1.67. It selects the top 41 momentum names from Nifty LargeMidCap 250 and rebalances every 2 weeks.

What is the minimum investment for Large Mid Hybrid?

₹252195. This is enough to hold one share of every name in the current book at present prices. Higher allocations tighten the equal-weight match.

How does Large Mid Hybrid compare to the Nifty 50?

Over the 5-year backtest, Large Mid Hybrid produced 35.41% CAGR versus Nifty 50's 9.80%. Sharpe ratio 1.67 versus the benchmark's 0.73. Past performance does not guarantee future returns.

What is the worst drawdown Large Mid Hybrid has experienced?

18.27% peak-to-trough in the 5-year backtest. The deepest period ran 378 days from 2024-09-27 to 2025-10-10. Drawdowns of similar magnitude can happen again. Position sizing should reflect this.

What are the fees on Large Mid Hybrid?

0.2% on traded value per rebalance. No subscription, no AUM fee, no performance fee. With 2 weeks cadence and typical 30 to 50 percent turnover, annual platform fees on the minimum capital work out to under ₹500. See the pricing page for the full worked example.

Can I exit Large Mid Hybrid 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.

Last Rebalance 2026-05-11

Next Rebalance 2026-05-25

Documents

View / download factsheet (PDF) Rebalance History CSV

Last rebalance | 2026-05-08

Full history →

vs 2026-05-01 cycle · 15 added · 15 removed · 26 retained

Added (15)

HUDCOCOCHINSHIPADANIENTTORNTPOWERVBLATGLNESTLEINDADANIPORTSIDEAENRINLODHAJSWENERGYTATAPOWERHALGODREJIND

Removed (15)

DMARTNIACLSHRIRAMFINLAURUSLABSFEDERALBNKTATASTEELOBEROIRLTYHINDZINCJINDALSTELUNIONBANKAUBANKTITANINDIANBNMDCTATAINVEST

Get notified when Large Mid Hybrid rebalances

Free email alert on the morning of every rebalance with the IN / OUT names and rationale. Unsubscribe with one click.

Walk the risk band

Large Mid Hybrid sits in the Moderate bucket. Take one step in either direction:

Already at the conservative end of the lineup.

One step bolder (Moderately High)

Allcap

CAGR 48.5% · Sharpe 1.78 · Max DD 22.7%

Compare Large Mid Hybrid with

2 pre-built head-to-head comparisons with metrics, holdings overlap, and trade-off summary.

Large Mid Multi Asset

CAGR 36.5% · Sharpe 1.72

TotalMarket Hybrid

CAGR 43.0% · Sharpe 1.77

Learn the mechanics behind Large Mid Hybrid

4 modules from the RupeeCase Learn library cover the concepts inside this strategy. Free, no sign-up.

Modern portfolio theory | why multi-asset cushions help Risk management | how the debt and gold sleeves work Combining factors | the multi-asset construction recipe Momentum factor | the engine behind these strategies

Hear it on The Tanmay Edge

India's pre-market edge. Daily institutional positioning, options flows, and the levels that matter. Free, on every major podcast platform.

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Disclaimer: Past performance is not indicative of future returns. All returns shown are from backtests conducted by RupeeCase from 2021-05-07. Actual traded returns may differ. Systematic strategies are subject to market risk, and capital can be lost. Investors should conduct their own research and consult a financial advisor before investing.

Learn the mechanics