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Strategy against strategy

Allcap Multi Asset vs TotalMarket Hybrid

Allcap Multi Asset (multi asset, Nifty Total Market) against TotalMarket Hybrid (hybrid, Nifty Total Market): two model curves on one chart, every risk figure side by side, the holdings they share and who each is written for.

  • 40.5%Allcap Multi Asset, CAGR
  • 39.5%TotalMarket Hybrid, CAGR
  • −21.3%Allcap Multi Asset, deepest fall
  • −21.8%TotalMarket Hybrid, deepest fall

Model, back tested. As of 27 Apr 2026. After charges. Not a promise of future returns.

01Two model curves

₹100 in each, May 2021 to Jul 2026.

Allcap Multi Asset₹598TotalMarket Hybrid₹581Nifty 50 TRI, 9.8% CAGR line₹162
150 200 300 500

Both models rebased to 100 at their common first month, log scale, with the Nifty 50 TRI drawn as its 9.8% CAGR line. Model, back tested. As of 27 Apr 2026. After charges.

02Every figure

14 rows, side by side.

A tick marks the better figure of the two: higher return and ratios, shallower fall, lower volatility, lower entry. The Nifty 50 column is the index over the same window.

MetricAllcap Multi AssetTotalMarket HybridNifty 50 TRI
CAGR40.47%39.53%9.8%
Sharpe ratio1.811.770.73
Sortino ratio1.711.690.70
Calmar ratio2.061.970.58
Max drawdown−21.32%−21.82%−16.92%
Volatility, a year21.41%21.55%14.04%
Net return, cumulative+490.16%+472.25%+59.62%
Back test windowrolling 5 yearsrolling 5 years
Minimum capitalAbout ₹2,81,000About ₹2,81,000
Stocks held525150
RebalanceEvery 2 weeksEvery 2 weeks
UniverseNifty Total MarketNifty Total MarketNifty 50
Risk bandModerateModerate
TierMulti asset coreMulti asset core

CAGR, Sharpe and max drawdown: Model, back tested. As of 27 Apr 2026. Sortino, Calmar, volatility and net return: model, back tested over each strategy's own window, to 27 Apr 2026. Minimum capital as of 8 Aug 2026. Not a promise of future returns.

03Holdings overlap

48 names in both lists.

48 of the 49 names in Allcap Multi Asset also sit in TotalMarket Hybrid (48 names): 98% of the larger list. Lists as of 11 May 2026 and 11 May 2026.

Held by both48

  • LIQUIDCASE
  • OLAELEC
  • STLTECH
  • GALLANTT
  • QPOWER
  • LLOYDSENT
  • CUPID
  • EIEL
  • WELCORP
  • KRN
  • ADANIPOWER
  • WEBELSOLAR
  • ANGELONE
  • HFCL
  • LLOYDSME
  • ADANIGREEN
  • APOLLO
  • PFOCUS
  • NATIONALUM
  • AVANTIFEED
  • JAYNECOIND
  • LLOYDSENGG
  • ABDL
  • THERMAX
  • +24 more

Only in Allcap Multi Asset1

  • GOLDBEES

Only in TotalMarket Hybrid0

    Model portfolios on the published lists; tickers are not recommendations. Holding both means the shared names carry weight twice.

    04The trade off

    Who each is written for.

    • Higher model growth: Allcap Multi Asset (40.47% against 39.53%)
    • Better risk adjusted return: Allcap Multi Asset (Sharpe 1.81 against Sharpe 1.77)
    • Shallower deepest fall: Allcap Multi Asset (21.32% against 21.82%)
    • Lower entry: level (₹2,81,000 each)

    Allcap Multi Asset

    Moderate risk band

    Written for
    Investors who want a balanced equity tilt with a built-in volatility cushion
    Time horizon
    5 years or longer. Drawdowns of 21% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
    Capital
    About ₹2,81,000, one share of every holding at recent prices
    Allcap Multi Asset strategy page

    TotalMarket Hybrid

    Moderate risk band

    Written for
    Investors who want a balanced equity tilt with a built-in volatility cushion
    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
    About ₹2,81,000, one share of every holding at recent prices
    TotalMarket Hybrid strategy page

    A description of each strategy, not a recommendation. Decide your own allocation, or ask a SEBI registered investment adviser. Model, back tested. As of 27 Apr 2026.

    05Next

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    06Questions

    Allcap Multi Asset vs TotalMarket Hybrid,
    in plain words.

    Which has the higher model CAGR, Allcap Multi Asset or TotalMarket Hybrid?

    Allcap Multi Asset: 40.47% against 39.53%, with the Nifty 50 TRI line at 9.8%. Model, back tested. As of 27 Apr 2026. After charges; past performance does not guarantee future returns.

    Which fell less in the back test, Allcap Multi Asset or TotalMarket Hybrid?

    Allcap Multi Asset: a deepest model fall of 21.32% against 21.82%. Allcap Multi Asset's deepest daily drawdown ran 371 days from 20 Dec 2024. TotalMarket Hybrid's ran 406 days from 20 Dec 2024. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again.

    Can I hold Allcap Multi Asset and TotalMarket Hybrid together?

    Yes, each is a separate rules based index in your own demat, and 48 names sit in both lists today, so they carry weight twice. Minimum capital is about ₹2,81,000 and ₹2,81,000; the fee is 0.2% of traded value per rebalance on each. RupeeCase is not an investment adviser; decide your own allocation.

    Explore next

    Go deeper on both strategies.

    Allcap Multi Asset or TotalMarket Hybrid.
    Read both, then decide.

    Invest in Allcap Multi AssetInvest in TotalMarket Hybrid

    0.2% of traded value per rebalance. No AUM fee, no lock in. Model, back tested. As of 27 Apr 2026.