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  2. Returns calculator
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  9. Who this is for
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EQUITY

Largecap Hybrid

20 largecap stocks plus 20% LiquidCase. 80/20 equity-plus-debt on the Nifty 100.

Updated 28 Jul 2026 Rebalances 4 weeks Next: 3 Aug 2026

0.2% on traded value · No AUM fee · No lock-in · Minimum ₹1,23,000 · Capital stays in your own broker

Return (CAGR)
22.42%
Risk (Max Drawdown)
-22.04%
Min Capital
₹1,23,000
Advanced metricsSharpe, Sortino, volatility, cumulative return and more
Sharpe Ratio
1.25
Sortino Ratio
1.25
Calmar Ratio
1.12
Volatility (annualised)
19.12%
Cumulative return (5Y rolling)
174.00%
Cumulative alpha vs Nifty 50 (5Y rolling)
121.42%

Risk metrics as of 27 Apr 2026

How It Works

  1. Step 1 | Universe Start from Nifty 100 filtered to stocks priced under ₹5,000. Equity sleeve sits inside a multi-asset frame with debt and gold.
  2. 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.
  3. Step 3 | Select Hold the top 21 equity holdings plus the configured debt and gold sleeves. Equity is equal-weighted within the sleeve; the multi-asset weights are fixed.
  4. Step 4 | Rebalance Every 4 weeks the model re-runs end-to-end. Names that fall out of the top 21 are sold; new entrants are bought. You see the full holdings list at every rebalance.

Who This Is For

Suitable for
investors who want growth but read a 25 percent drawdown as opportunity not panic
Suggested allocation
20 to 40 percent of equity capital
Time horizon
5 years or longer. Drawdowns of 22% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
Capital required
₹1,23,000 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 100
Holdings
21 stocks
Rebalance
4 weeks
Risk Level
Moderately High
Benchmark
Nifty 50
Max Stock Price
₹5,000
Live NAV | Backtested 2021 onwards

Largecap 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 Largecap Hybrid Nifty 50
CAGR 22.42% 9.80%
Cumulative Return (5Y rolling) 174.00% 59.62%
Sharpe Ratio 1.25 0.73
Max Drawdown -22.04% -16.92%
Volatility 19.12% 14.04%

CAGR and cumulative return refresh daily. Sharpe, drawdown, volatility and all benchmark figures are as of 27 Apr 2026.

Cost Decomposition

Figures as of 27 Apr 2026

Gross Return
229.04%
Total Cost
28.22%
Net Return
200.82%

What this would have returned

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

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)
2022-04-15 2022-08-05 -16.48% 112
2022-12-16 2023-06-02 -13.48% 168
2021-10-22 2022-03-25 -9.23% 154
2023-09-15 2023-11-03 -6.56% 49
2024-02-23 2024-03-29 -5.31% 35

Yearly Returns

2021
+24.1%
2022
+26.8%
2023
+51.4%
2024
+26.9%
2025
-2.9%
2026
+2.5%

Asset class allocation

80% EQUITY
Equity 80.1% 20 momentum-ranked stocks, rebalanced 4 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

6 sectors represented in the equity sleeve. Largest concentration: Power & Utilities at 25.8%. Equal-weighted at the stock level, so sector weights drift with which momentum names rank highest.

Power & Utilities 25.8%
Diversified 24.9%
Metals & Mining 21.9%
Capital Goods 11.4%
Banking & Financial 10.8%
FMCG & Consumer 5.3%
Sector rotation

86 rebalances . 8 sectors touched . 6 live today.

Darker cell . higher weight . blank . sector not held
Diversified
29%
Power & Utilities
24%
Metals & Mining
19%
Capital Goods
14%
Banking & Financial
10%
FMCG & Consumer
5%
Energy & Oil & Gas
out
Pharma & Healthcare
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
In
Diversified +14ppPower & Utilities +5ppCapital Goods +10pp
tickers added: ADANIGREEN ADANIENT VBL SIEMENS CGPOWER NESTLEIND ADANIPORTS ENRIN LODHA HAL HINDZINC
Out
Energy & Oil & Gas out (was 10%)Pharma & Healthcare out (was 5%)Banking & Financial -10ppFMCG & Consumer -5pp
tickers removed: UNIONBANK COALINDIA CUMMINSIND ONGC SBIN DMART JINDALSTEL TORNTPHARM TITAN POWERGRID TVSMOTOR
Rotation events . shifts 10pp or more
  1. 2026-05-08 Diversified +14pp added ADANIGREEN, ADANIENT, VBL, SIEMENS, CGPOWER, NESTLEIND, ADANIPORTS, ENRIN, LODHA, HAL, HINDZINC . removed UNIONBANK, COALINDIA, CUMMINSIND, ONGC, SBIN, DMART, JINDALSTEL, TORNTPHARM, TITAN, POWERGRID, TVSMOTOR
  2. 2026-04-10 Diversified -14pp added ADANIPOWER, UNIONBANK, CUMMINSIND, DMART, ADANIENSOL, TATAPOWER . removed HINDZINC, CGPOWER, MOTHERSON, CANBK, BEL, BANKBARODA
  3. 2026-01-16 Diversified -14pp added TITAN, COALINDIA, PNB, TORNTPHARM, TATASTEEL, GODREJCP . removed ASIANPAINT, ADANIENSOL, IOC, HCLTECH, RELIANCE, TECHM
  4. 2025-10-24 Banking & Financial +14pp added SHRIRAMFIN, HINDZINC, BANKBARODA, AXISBANK, SBIN, PNB, IOC . removed CGPOWER, DMART, MOTHERSON, ADANIGREEN, JINDALSTEL, ADANIENT, ADANIPORTS
  5. 2025-09-26 Power & Utilities +14pp, Diversified -14pp added CGPOWER, MOTHERSON, JSWSTEEL, CANBK, ADANIENSOL, ADANIGREEN, ADANIENT, ADANIPORTS, CHOLAFIN . removed JIOFIN, HINDUNILVR, TORNTPHARM, SBILIFE, HDFCLIFE, ASIANPAINT, BHARTIARTL, ZYDUSLIFE, TITAN
  6. 2025-08-29 Diversified -19pp, Metals & Mining +14pp added HYUNDAI, DMART, HINDUNILVR, HDFCLIFE, HINDALCO, ASIANPAINT, JINDALSTEL, TATASTEEL, ZYDUSLIFE, TITAN . removed MAXHEALTH, BPCL, AMBUJACEM, CANBK, DLF, HDFCBANK, ADANIPORTS, ICICIBANK, IOC, PNB
  7. 2025-04-11 Metals & Mining -19pp added HAL, GODREJCP, HDFCLIFE, DMART, ADANIENSOL, BANKBARODA, TATACONSUM, NTPC, BPCL, UNITDSPR . removed HINDALCO, JSWSTEEL, INDIGO, TATASTEEL, JINDALSTEL, WIPRO, CIPLA, VEDL, BEL, NESTLEIND
  8. 2025-03-14 Diversified -24pp, Metals & Mining +19pp added HINDALCO, SHRIRAMFIN, TATASTEEL, JINDALSTEL, CIPLA, VEDL, BEL, NESTLEIND . removed TATACONSUM, TVSMOTOR, TECHM, EICHERMOT, M&M, INFY, NAUKRI, HCLTECH
  9. 2025-02-14 Diversified +14pp added BAJAJFINSV, TATACONSUM, TVSMOTOR, CHOLAFIN, EICHERMOT, INDIGO, JSWSTEEL . removed ETERNAL, TORNTPHARM, SUNPHARMA, DRREDDY, TCS, TITAN, CGPOWER
  10. 2024-11-22 Diversified +14pp added MAXHEALTH, JSWENERGY, HDFCBANK, ICICIBANK, JSWSTEEL, BEL, WIPRO . removed SHRIRAMFIN, TORNTPHARM, INDIGO, NTPC, ICICIGI, TVSMOTOR, INFY
  11. 2024-08-30 Diversified +10pp added TVSMOTOR, ICICIGI, SUNPHARMA, TECHM, SBILIFE . removed LODHA, ADANIPOWER, INDIGO, JINDALSTEL, BHARTIARTL, PFC
  12. 2023-09-01 Diversified -11pp added ADANIPOWER, SOLARINDS, JSWENERGY, NTPC, VBL . removed MAXHEALTH, HDFCLIFE, DLF, ICICIGI, NAUKRI

Current Holdings

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

ADANIPOWER
3.9%
ADANIGREEN
3.4%
ADANIENSOL
3.3%
ADANIENT
2.1%
VBL
3.7%
SIEMENS
2.9%
VEDL
4.0%
CGPOWER
3.5%
NESTLEIND
3.6%
ADANIPORTS
2.9%
ENRIN
2.6%
HINDALCO
3.5%
LODHA
3.6%
TATAPOWER
3.7%
HAL
3.8%
PFC
3.7%
HINDZINC
3.8%
TATASTEEL
3.9%
NTPC
3.8%
SHRIRAMFIN
3.8%
LIQUIDCASE
Debt
19.9%
Want live quantities, prices, and book values? View live in the platform →

Why This Strategy

20 stocks from the Nifty 100, equal-weighted, plus 20% LiquidCase debt. Rebalance every 4 weeks. No gold sleeve. The clean equity-plus-debt sibling of Largecap Multi Asset on the Nifty 100 universe.

The 4-week cadence keeps turnover low, the same slow rhythm as the multi-asset twin, so the cost line above runs at the light end of the lineup. The debt sleeve earns steadily in every regime and cushions the equity sleeve without hedging anything.

The trade versus the multi-asset twin is simple: no gold means no inflation hedge and no commodity in the portfolio. Years where gold carries the cushion will show up as a gap between the two cards' live figures. Years where gold sits flat will not.

For an investor who explicitly does not want gold exposure on a largecap framework, the 80/20 equity-plus-debt structure is the simplest expression on the lineup. The minimum capital shown above moves with the underlying prices.

The panel above holds the current numbers, refreshed daily.

Key Takeaways

Frequently Asked Questions

What is the Largecap Hybrid strategy?
20 largecap stocks plus 20% LiquidCase. 80/20 equity-plus-debt on the Nifty 100. It selects the top 21 momentum names from Nifty 100 and rebalances every 4 weeks.
What is the minimum investment for Largecap Hybrid?
₹1,23,000. 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 Largecap Hybrid compare to the Nifty 50?
Over the rolling 5-year backtest, Largecap Hybrid produced 22.42% CAGR versus Nifty 50's 9.80%. Sharpe ratio 1.25 versus the benchmark's 0.73. Past performance does not guarantee future returns.
What is the worst drawdown Largecap Hybrid has experienced?
22.04% peak-to-trough in the rolling 5-year backtest. The deepest period ran 112 days from 2022-04-15 to 2022-08-05. Drawdowns of similar magnitude can happen again. Position sizing should reflect this.
What are the fees on Largecap Hybrid?
0.2% on traded value per rebalance. No subscription, no AUM fee, no performance fee. With 4 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 Largecap 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 11 May 2026
Next Rebalance 3 Aug 2026

Documents

Last rebalance | 2026-05-08

Full history →

vs 2026-05-01 cycle · 11 added · 11 removed · 10 retained

Added (11)
ADANIGREENADANIENTVBLSIEMENSCGPOWERNESTLEINDADANIPORTSENRINLODHAHALHINDZINC
Removed (11)
UNIONBANKCOALINDIACUMMINSINDONGCSBINDMARTJINDALSTELTORNTPHARMTITANPOWERGRIDTVSMOTOR

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Phase 49B Compare Largecap Hybrid side-by-side Match returns, drawdowns and overlap against any other strategy in the lineup.
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.
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