--- title: "Large Cap Multi Asset vs Largecap Hybrid | RupeeCase" description: "Large Cap Multi Asset vs Largecap Hybrid: model CAGR 24.4% against 22.7%, 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-largecap-hybrid" --- Strategy against strategy # Large Cap Multi Asset vs Largecap Hybrid Large Cap Multi Asset (multi asset, Nifty 100) against Largecap Hybrid (hybrid, Nifty 100): 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 * **22.7%**Largecap Hybrid, CAGR * **−21.0%**Large Cap Multi Asset, deepest fall * **−22.0%**Largecap 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. Large Cap Multi Asset**₹315**Largecap Hybrid**₹296**Nifty 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 Cap Multi AssetLargecap HybridNifty 50 TRI CAGR24.36%22.74%9.8% Sharpe ratio1.321.250.73 Sortino ratio1.301.250.70 Calmar ratio1.251.120.58 Max drawdown−20.96%−22.04%−16.92% Volatility, a year19.00%19.12%14.04% Net return, cumulative+159.08%+141.26%+59.62% Back test windowrolling 5 yearsrolling 5 years Minimum capitalAbout ₹1,25,000About ₹1,25,000 Stocks held222150 RebalanceEvery 4 weeksEvery 4 weeks UniverseNifty 100Nifty 100Nifty 50 Risk bandModerately HighModerately High TierConservative coreConservative 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 ## 21 names in both lists. 21 of the 22 names in Large Cap Multi Asset also sit in Largecap Hybrid (21 names): 95% of the larger list. Lists as of 11 May 2026 and 11 May 2026. ### Held by both21 * LIQUIDCASE * VEDL * ADANIPOWER * TATASTEEL * HAL * HINDZINC * NTPC * SHRIRAMFIN * VBL * TATAPOWER * PFC * NESTLEIND * LODHA * CGPOWER * HINDALCO * ADANIGREEN * ADANIENSOL * SIEMENS * ADANIPORTS * ENRIN * ADANIENT ### Only in Large Cap Multi Asset1 * GOLDBEES ### Only in Largecap 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:** Large Cap Multi Asset (24.36% against 22.74%) * **Better risk adjusted return:** Large Cap Multi Asset (Sharpe 1.32 against Sharpe 1.25) * **Shallower deepest fall:** Large Cap Multi Asset (20.96% against 22.04%) * **Lower entry:** level (₹1,25,000 each) ### 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) ### Largecap Hybrid **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 22% 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 [Largecap Hybrid strategy page](/strategies/largecap-hybrid) 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 pageLargecap HybridFour numbers, the factsheet, Invest](/strategies/largecap-hybrid) * [FactsheetLarge Cap Multi AssetPrint first, every month and holding](/strategies/factsheets/largecap-multi-asset) * [FactsheetLargecap HybridPrint first, every month and holding](/strategies/factsheets/largecap-hybrid) ### More pairs * [vsFocused Largecap 20 vs Large Cap Multi AssetCAGR 26.3% and 24.4%](/strategies/compare/focused-largecap-20-vs-largecap-multi-asset) * [vsFocused Largecap 20 vs Largecap HybridCAGR 26.3% and 22.7%](/strategies/compare/focused-largecap-20-vs-largecap-hybrid) * [vsLarge Cap Multi Asset vs Allcap Multi AssetCAGR 24.4% and 40.5%](/strategies/compare/largecap-multi-asset-vs-allcap-multi-asset) 06Questions ## Large Cap Multi Asset vs Largecap Hybrid, in plain words. ### Which has the higher model CAGR, Large Cap Multi Asset or Largecap Hybrid? Large Cap Multi Asset: 24.36% against 22.74%, 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 Largecap Hybrid? Large Cap Multi Asset: a deepest model fall of 20.96% against 22.04%. Large Cap Multi Asset's deepest daily drawdown ran 112 days from 15 Apr 2022. Largecap Hybrid's ran 112 days from 15 Apr 2022. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again. ### Can I hold Large Cap Multi Asset and Largecap Hybrid together? Yes, each is a separate rules based index in your own demat, and 21 names sit in both lists today, so they carry weight twice. Minimum capital is about ₹1,25,000 and ₹1,25,000; 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) * [StrategyLargecap Hybrid strategyNifty 100, 21 stocks, every 4 weeks](/strategies/largecap-hybrid) * [FactsheetLarge Cap Multi Asset factsheetOne page, print ready, model back test](/strategies/factsheets/largecap-multi-asset) * [FactsheetLargecap Hybrid factsheetOne page, print ready, model back test](/strategies/factsheets/largecap-hybrid) * [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 Largecap Hybrid. Read both, then decide. [Invest in Large Cap Multi Asset](https://invest.rupeecase.com/signup?strategy=largecap-multi-asset)[Invest in Largecap Hybrid](https://invest.rupeecase.com/signup?strategy=largecap-hybrid) 0.2% of traded value per rebalance. No AUM fee, no lock in. Model, back tested. As of 27 Apr 2026.