RupeeCase | Systematic Quantitative Investing Terminal by QC AlphaRupeeCase | Systematic Quantitative Investing Terminal by QC Alpha
Start free

Strategy against strategy

Large Mid Hybrid vs Large Mid Multi Asset

Large Mid Hybrid (hybrid, Nifty LargeMidCap 250) against Large Mid Multi Asset (multi asset, Nifty LargeMidCap 250): two model curves on one chart, every risk figure side by side, the holdings they share and who each is written for.

  • 33.2%Large Mid Hybrid, CAGR
  • 34.3%Large Mid Multi Asset, CAGR
  • −18.3%Large Mid Hybrid, deepest fall
  • −17.6%Large Mid Multi Asset, 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.

Large Mid Hybrid₹453Large Mid Multi Asset₹471Nifty 50 TRI, 9.8% CAGR line₹162
150 200 300

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.

MetricLarge Mid HybridLarge Mid Multi AssetNifty 50 TRI
CAGR33.21%34.33%9.8%
Sharpe ratio1.671.720.73
Sortino ratio1.581.630.70
Calmar ratio1.942.070.58
Max drawdown−18.27%−17.60%−16.92%
Volatility, a year19.25%19.13%14.04%
Net return, cumulative+309.50%+327.42%+59.62%
Back test windowrolling 5 yearsrolling 5 years
Minimum capitalAbout ₹2,49,000About ₹2,49,000
Stocks held414250
RebalanceEvery 2 weeksEvery 2 weeks
UniverseNifty LargeMidCap 250Nifty LargeMidCap 250Nifty 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

41 names in both lists.

41 of the 41 names in Large Mid Hybrid also sit in Large Mid Multi Asset (42 names): 98% of the larger list. Lists as of 11 May 2026 and 11 May 2026.

Held by both41

  • LIQUIDCASE
  • ADANIPOWER
  • SUZLON
  • COCHINSHIP
  • ADANIENT
  • MAHABANK
  • SAIL
  • VBL
  • IDEA
  • NTPCGREEN
  • BHEL
  • HUDCO
  • NATIONALUM
  • PREMIERENE
  • NLCINDIA
  • VEDL
  • ATGL
  • TATAPOWER
  • HAL
  • THERMAX
  • TORNTPOWER
  • AUROPHARMA
  • JSWENERGY
  • GVT&D
  • +17 more

Only in Large Mid Hybrid0

    Only in Large Mid Multi Asset1

    • GOLDBEES

    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: Large Mid Multi Asset (34.33% against 33.21%)
    • Better risk adjusted return: Large Mid Multi Asset (Sharpe 1.72 against Sharpe 1.67)
    • Shallower deepest fall: Large Mid Multi Asset (17.60% against 18.27%)
    • Lower entry: level (₹2,49,000 each)

    Large Mid 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 18% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
    Capital
    About ₹2,49,000, one share of every holding at recent prices
    Large Mid Hybrid strategy page

    Large Mid 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 18% have happened in the backtest and can happen again. Capital you might need within 12 months should not be here.
    Capital
    About ₹2,49,000, one share of every holding at recent prices
    Large Mid Multi Asset 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

    Change the pair, or go deeper.

    Pick any two strategies

    More pairs

    06Questions

    Large Mid Hybrid vs Large Mid Multi Asset,
    in plain words.

    Which has the higher model CAGR, Large Mid Hybrid or Large Mid Multi Asset?

    Large Mid Multi Asset: 34.33% against 33.21%, 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, Large Mid Hybrid or Large Mid Multi Asset?

    Large Mid Multi Asset: a deepest model fall of 17.60% against 18.27%. Large Mid Hybrid's deepest daily drawdown ran 378 days from 27 Sep 2024. Large Mid Multi Asset's ran 350 days from 27 Sep 2024. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again.

    Can I hold Large Mid Hybrid and Large Mid Multi Asset together?

    Yes, each is a separate rules based index in your own demat, and 41 names sit in both lists today, so they carry weight twice. Minimum capital is about ₹2,49,000 and ₹2,49,000; 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.

    Large Mid Hybrid or Large Mid Multi Asset.
    Read both, then decide.

    Invest in Large Mid HybridInvest in Large Mid Multi Asset

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