--- title: "Large Cap Multi Asset vs Allcap Multi Asset | RupeeCase" description: "Large Cap Multi Asset vs Allcap Multi Asset: model CAGR 24.4% against 40.5%, back tested as of 27 Apr 2026, shared holdings and who each suits." source_url: "https://www.rupeecase.com/strategies/compare/largecap-multi-asset-vs-allcap-multi-asset" --- Strategy against strategy # Large Cap Multi Asset vs Allcap Multi Asset Large Cap Multi Asset (multi asset, Nifty 100) against Allcap Multi Asset (multi asset, 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. * **24.4%**Large Cap Multi Asset, CAGR * **40.5%**Allcap Multi Asset, CAGR * **−21.0%**Large Cap Multi Asset, deepest fall * **−21.3%**Allcap 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 Cap Multi Asset**₹315**Allcap Multi Asset**₹598**Nifty 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. MetricLarge Cap Multi AssetAllcap Multi AssetNifty 50 TRI CAGR24.36%40.47%9.8% Sharpe ratio1.321.810.73 Sortino ratio1.301.710.70 Calmar ratio1.252.060.58 Max drawdown−20.96%−21.32%−16.92% Volatility, a year19.00%21.41%14.04% Net return, cumulative+159.08%+490.16%+59.62% Back test windowrolling 5 yearsrolling 5 years Minimum capitalAbout ₹1,25,000About ₹2,81,000 Stocks held225250 RebalanceEvery 4 weeksEvery 2 weeks UniverseNifty 100Nifty Total MarketNifty 50 Risk bandModerately HighModerate TierConservative 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 ## 6 names in both lists. 6 of the 22 names in Large Cap Multi Asset also sit in Allcap Multi Asset (49 names): 12% of the larger list. Lists as of 11 May 2026 and 11 May 2026. ### Held by both6 * LIQUIDCASE * GOLDBEES * VEDL * ADANIPOWER * ADANIGREEN * ADANIENSOL ### Only in Large Cap Multi Asset16 * TATASTEEL * HAL * HINDZINC * NTPC * SHRIRAMFIN * VBL * TATAPOWER * PFC * NESTLEIND * LODHA * CGPOWER * HINDALCO * SIEMENS * ADANIPORTS * ENRIN * ADANIENT ### Only in Allcap Multi Asset43 * OLAELEC * STLTECH * GALLANTT * QPOWER * LLOYDSENT * CUPID * EIEL * WELCORP * KRN * WEBELSOLAR * ANGELONE * HFCL * LLOYDSME * APOLLO * PFOCUS * NATIONALUM * AVANTIFEED * JAYNECOIND * LLOYDSENGG * ABDL * THERMAX * AZAD * TDPOWERSYS * KSB * +19 more 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 24.36%) * **Better risk adjusted return:** Allcap Multi Asset (Sharpe 1.81 against Sharpe 1.32) * **Shallower deepest fall:** Large Cap Multi Asset (20.96% against 21.32%) * **Lower entry:** Large Cap Multi Asset (₹1,25,000 against ₹2,81,000) ### Large Cap Multi Asset **Moderately High** risk band Written forInvestors who want growth but read a 25% drawdown as opportunity, not panic Time horizon5 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. CapitalAbout ₹1,25,000, one share of every holding at recent prices [Large Cap Multi Asset strategy page](/strategies/largecap-multi-asset) ### Allcap Multi Asset **Moderate** risk band Written forInvestors who want a balanced equity tilt with a built-in volatility cushion Time horizon5 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. CapitalAbout ₹2,81,000, one share of every holding at recent prices [Allcap Multi Asset strategy page](/strategies/allcap-multi-asset) 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](/compare#pairs) * [Strategy pageLarge Cap Multi AssetFour numbers, the factsheet, Invest](/strategies/largecap-multi-asset) * [Strategy pageAllcap Multi AssetFour numbers, the factsheet, Invest](/strategies/allcap-multi-asset) * [FactsheetLarge Cap Multi AssetPrint first, every month and holding](/strategies/factsheets/largecap-multi-asset) * [FactsheetAllcap Multi AssetPrint first, every month and holding](/strategies/factsheets/allcap-multi-asset) ### More pairs * [vsFocused Largecap 20 vs Large Cap Multi AssetCAGR 26.3% and 24.4%](/strategies/compare/focused-largecap-20-vs-largecap-multi-asset) * [vsLarge Cap Multi Asset vs Largecap HybridCAGR 24.4% and 22.7%](/strategies/compare/largecap-multi-asset-vs-largecap-hybrid) * [vsAllcap Multi Asset vs TotalMarket HybridCAGR 40.5% and 39.5%](/strategies/compare/allcap-multi-asset-vs-totalmarket-hybrid) * [vsAllcap Multi Asset vs Large Mid Multi AssetCAGR 40.5% and 34.3%](/strategies/compare/allcap-multi-asset-vs-largemid-multi-asset) * [vsAllcap vs Allcap Multi AssetCAGR 44.7% and 40.5%](/strategies/compare/allcap-vs-allcap-multi-asset) * [vsMidcap Smallcap vs Allcap Multi AssetCAGR 42.6% and 40.5%](/strategies/compare/midcap-smallcap-vs-allcap-multi-asset) 06Questions ## Large Cap Multi Asset vs Allcap Multi Asset, in plain words. ### Which has the higher model CAGR, Large Cap Multi Asset or Allcap Multi Asset? Allcap Multi Asset: 40.47% against 24.36%, 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 Cap Multi Asset or Allcap Multi Asset? Large Cap Multi Asset: a deepest model fall of 20.96% against 21.32%. Large Cap Multi Asset's deepest daily drawdown ran 112 days from 15 Apr 2022. Allcap Multi Asset's ran 371 days from 20 Dec 2024. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again. ### Can I hold Large Cap Multi Asset and Allcap Multi Asset together? Yes, each is a separate rules based index in your own demat, and 6 names sit in both lists today, so they carry weight twice. Minimum capital is about ₹1,25,000 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. * [Free module 2.3Risk Metrics That Matter8 min read](/learn/path-2/module-2-3-risk-metrics-that-matter) * [StrategyLarge Cap Multi Asset strategyNifty 100, 22 stocks, every 4 weeks](/strategies/largecap-multi-asset) * [StrategyAllcap Multi Asset strategyNifty Total Market, 52 stocks, every 2 weeks](/strategies/allcap-multi-asset) * [FactsheetLarge Cap Multi Asset factsheetOne page, print ready, model back test](/strategies/factsheets/largecap-multi-asset) * [FactsheetAllcap Multi Asset factsheetOne page, print ready, model back test](/strategies/factsheets/allcap-multi-asset) * [Head to headCompare Focused Largecap 20 with Large Cap Multi AssetTwo model curves, every risk figure](/strategies/compare/focused-largecap-20-vs-largecap-multi-asset) ## Large Cap Multi Asset or Allcap Multi Asset. Read both, then decide. [Invest in Large Cap Multi Asset](https://invest.rupeecase.com/signup?strategy=largecap-multi-asset)[Invest in Allcap Multi Asset](https://invest.rupeecase.com/signup?strategy=allcap-multi-asset) 0.2% of traded value per rebalance. No AUM fee, no lock in. Model, back tested. As of 27 Apr 2026.