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Strategy against strategy

TotalMarket Hybrid vs Large Mid Hybrid

TotalMarket Hybrid (hybrid, Nifty Total Market) against Large Mid Hybrid (hybrid, 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.

  • 39.5%TotalMarket Hybrid, CAGR
  • 33.2%Large Mid Hybrid, CAGR
  • −21.8%TotalMarket Hybrid, deepest fall
  • −18.3%Large Mid 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.

TotalMarket Hybrid₹581Large Mid Hybrid₹453Nifty 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.

MetricTotalMarket HybridLarge Mid HybridNifty 50 TRI
CAGR39.53%33.21%9.8%
Sharpe ratio1.771.670.73
Sortino ratio1.691.580.70
Calmar ratio1.971.940.58
Max drawdown−21.82%−18.27%−16.92%
Volatility, a year21.55%19.25%14.04%
Net return, cumulative+472.25%+309.50%+59.62%
Back test windowrolling 5 yearsrolling 5 years
Minimum capitalAbout ₹2,81,000About ₹2,49,000
Stocks held514150
RebalanceEvery 2 weeksEvery 2 weeks
UniverseNifty Total MarketNifty 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

10 names in both lists.

10 of the 48 names in TotalMarket Hybrid also sit in Large Mid Hybrid (41 names): 21% of the larger list. Lists as of 11 May 2026 and 11 May 2026.

Held by both10

  • LIQUIDCASE
  • ADANIPOWER
  • LLOYDSME
  • ADANIGREEN
  • NATIONALUM
  • THERMAX
  • ADANIENSOL
  • MCX
  • GVT&D
  • VEDL

Only in TotalMarket Hybrid38

  • OLAELEC
  • STLTECH
  • GALLANTT
  • QPOWER
  • LLOYDSENT
  • CUPID
  • EIEL
  • WELCORP
  • KRN
  • WEBELSOLAR
  • ANGELONE
  • HFCL
  • APOLLO
  • PFOCUS
  • AVANTIFEED
  • JAYNECOIND
  • LLOYDSENGG
  • ABDL
  • AZAD
  • TDPOWERSYS
  • KSB
  • ATHERENERG
  • INOXINDIA
  • DEEPAKFERT
  • +14 more

Only in Large Mid Hybrid31

  • SUZLON
  • COCHINSHIP
  • ADANIENT
  • MAHABANK
  • SAIL
  • VBL
  • IDEA
  • NTPCGREEN
  • BHEL
  • HUDCO
  • PREMIERENE
  • NLCINDIA
  • ATGL
  • TATAPOWER
  • HAL
  • TORNTPOWER
  • AUROPHARMA
  • JSWENERGY
  • CGPOWER
  • NESTLEIND
  • NAM-INDIA
  • HINDALCO
  • LODHA
  • GODREJIND
  • +7 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: TotalMarket Hybrid (39.53% against 33.21%)
  • Better risk adjusted return: TotalMarket Hybrid (Sharpe 1.77 against Sharpe 1.67)
  • Shallower deepest fall: Large Mid Hybrid (18.27% against 21.82%)
  • Lower entry: Large Mid Hybrid (₹2,49,000 against ₹2,81,000)

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

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

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

TotalMarket Hybrid vs Large Mid Hybrid,
in plain words.

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

TotalMarket Hybrid: 39.53% 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, TotalMarket Hybrid or Large Mid Hybrid?

Large Mid Hybrid: a deepest model fall of 18.27% against 21.82%. TotalMarket Hybrid's deepest daily drawdown ran 406 days from 20 Dec 2024. Large Mid Hybrid's ran 378 days from 27 Sep 2024. Model, back tested. As of 27 Apr 2026. Drawdowns of similar size can happen again.

Can I hold TotalMarket Hybrid and Large Mid Hybrid together?

Yes, each is a separate rules based index in your own demat, and 10 names sit in both lists today, so they carry weight twice. Minimum capital is about ₹2,81,000 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.

TotalMarket Hybrid or Large Mid Hybrid.
Read both, then decide.

Invest in TotalMarket HybridInvest in Large Mid Hybrid

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