Factsheet, model back tested

Large Midcap factsheet

40 stocks from the Nifty LargeMidCap 250. The large and mid-cap middle path. Momentum on the Nifty LargeMidCap 250, 40 holdings, rebalanced every 2 weeks. Every figure below is model, back tested and after charges; each block names its date.

37.83%CAGR, model, as of 27 Apr 2026
−19.31%deepest model fall
1.69Sharpe ratio, model
₹1.99Lminimum, about ₹1,99,000

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RupeeCase strategy factsheet

Large Midcap

Momentum, Nifty LargeMidCap 250. 40 stocks from the Nifty LargeMidCap 250. The large and mid-cap middle path.

Risk band: Moderately High
Returns as of: 27 Apr 2026
Risk metrics as of: 27 Apr 2026
Holdings as of: 11 May 2026

CAGR: 37.83%Nifty 50 TRI line 9.8%
Max drawdown: −19.31%peak to trough, model
Sharpe ratio: 1.69Nifty 50 0.73
Minimum capital: ₹1.99Labout ₹1,99,000

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

Large Midcap, model₹538Nifty 50 TRI, 9.8% CAGR line₹162

150 200 300 500

₹100 in the model in May 2021 became ₹538 by Jul 2026; the Nifty 50 TRI line reached ₹162. Log scale. Model, back tested. As of 27 Apr 2026.

Performance, risk, efficiency

MetricLarge MidcapNifty 50
Performance
CAGR37.83%9.8%
Cumulative return+384.75%+59.62%
Sharpe ratio1.690.73
Sortino ratio1.600.70
Calmar ratio2.080.58
Risk
Max drawdown−19.31%−16.92%
Volatility, a year21.36%14.04%
Best week+8.62%+6.36%
Worst week−8.36%−6.33%
Efficiency
Weeks up64.37%57.47%
Average up week+2.43%+1.49%
Average down week−2.45%−1.57%

Model, back tested, after charges, weekly figures over the rolling 5 years window to 27 Apr 2026; the Nifty 50 over the same window. CAGR and max drawdown as of 27 Apr 2026.

Configuration

Universe: Nifty LargeMidCap 250
Type: Momentum
Sleeves: Equity 100
Holdings: 40, equal weight in the equity sleeve
Rebalance: Every 2 weeks, 26 a year
Max stock price: ₹5,000
Risk band: Moderately High
Tier: Growth core
Benchmark: Nifty 50
Minimum capital: About ₹1,99,000, as of 8 Aug 2026
Back test from: 7 May 2021
Metrics window: Rolling 5 years
Fee: 0.2% of traded value per rebalance, nothing else

Calendar year returns

2021from May+33.6%
2022+45.2%
2023+66.7%
2024+44.6%
2025+7.5%
2026to May+7.8%

Model, back tested, after charges, 2021 to May 2026.

Deepest falls

−19.31%27 Sep 2024 to 10 Oct 2025378 days
−16.52%15 Apr 2022 to 5 Aug 2022112 days
−14.46%23 Dec 2022 to 2 Jun 2023161 days
−10.82%6 Mar 2026 to 10 Apr 202635 days
−9.17%22 Oct 2021 to 24 Dec 202163 days

Model, back tested, daily record over rolling 5 years: peak to low, and the days until the record was back at that peak.

Monthly returns

2021Janno dataFebno dataMarno dataAprno dataMay0.7Jun4.4Jul8.3Aug2.7Sep7.4Oct0.3Nov−3.9Dec10.3Year+33.6%
2022Jan1.4Feb−5.3Mar9.4Apr4.6May−6.4Jun−3.5Jul11.1Aug4.6Sep−1.0Oct7.0Nov9.8Dec8.2Year+45.2%
2023Jan−9.7Feb−2.9Mar1.7Apr8.9May1.2Jun9.5Jul6.7Aug5.7Sep12.1Oct−3.0Nov12.3Dec12.6Year+66.7%
2024Jan10.1Feb4.6Mar−1.0Apr7.0May10.1Jun4.4Jul4.9Aug0.6Sep−0.6Oct−5.9Nov1.6Dec2.8Year+44.6%
2025Jan−11.1Feb−6.4Mar7.6Apr3.7May6.3Jun3.2Jul−4.4Aug1.9Sep0.7Oct4.7Nov2.2Dec0.5Year+7.5%
2026Jan−2.5Feb7.2Mar−10.3Apr13.7May1.2Junno dataJulno dataAugno dataSepno dataOctno dataNovno dataDecno dataYTD+7.8%

Model, back tested, after charges. Each cell is one calendar month, in percent.

40 holdings

Equity87%

SUZLON2.5%
MAHABANK2.5%
NTPCGREEN2.5%
COCHINSHIP2.5%
ADANIENT2.5%
IDEA2.5%
BHEL2.4%
ADANIPOWER2.4%
NATIONALUM2.4%
PREMIERENE2.4%
SAIL2.4%
NLCINDIA2.4%
VEDL2.4%
HUDCO2.4%
VBL2.4%
ATGL2.4%
TATAPOWER2.4%
THERMAX2.3%
JSWENERGY2.3%
HAL2.3%
AUROPHARMA2.2%
NESTLEIND2.2%
LODHA2.2%
GODREJIND2.2%
GVT&D2.1%
CGPOWER2.1%
NAM-INDIA2.1%
HINDALCO2.1%
ADANIGREEN2.0%
ADANIENSOL2.0%
PFC2.0%
TORNTPOWER2.0%
BSE1.9%
BHARATFORG1.9%
LLOYDSME1.7%
RADICO1.7%
SIEMENS1.7%
ADANIPORTS1.7%
MCX1.6%
ENRIN1.5%

Weights on the rebalance day, 11 May 2026; they drift with prices until the next rebalance. Model portfolio, not a recommendation to buy or sell any stock.

Sector allocation

Other, not yet mapped30.8%
Power & Utilities23.7%
Capital Goods13.8%
Banking & Financial11.6%
Metals & Mining10.7%
FMCG & Consumer4.7%
Pharma & Healthcare2.5%
Auto & Components2.2%

8 sectors in the equity sleeve, mapped against NSE listings; names not yet in the map are counted as other.

How it works

1
Universe
Nifty LargeMidCap 250, stocks priced under ₹5,000.
2
Rank
A momentum composite scores every stock: price trend over several look backs, risk adjusted.
3
Select
The top 40 names, equal weighted.
4
Rebalance
Every 2 weeks the model runs again; names that fall out are sold, entrants bought, the full list published.

Costs

Platform fee: 0.2% of traded value per rebalance; no subscription, no AUM fee, no performance fee, no lock in
A year on the minimum, about: ₹3,100 (1.56% of capital): 26 rebalances a year, 30% of the book traded each time, an assumption
Inside the back test: Gross +509.05%, estimated costs −66.53 pts, net +442.52%, cumulative over rolling 5 years to 27 Apr 2026
Broker side: Brokerage, STT, exchange charges and GST are paid to your broker

Rebalance record

Published rebalances: 132, from 14 May 2021 to 11 May 2026
Cadence: Every 2 weeks, 26 a year, on a fixed calendar
Names on the latest list: 40, which can differ from the 40 stock target

Model portfolio, back tested rebalance record. Every list is public, with the names that came in and went out.

RupeeCase is a technology platform, not a fund, a PMS or a SEBI registered investment adviser. Model figures are back tested, after estimated charges, and are not actual client returns or a promise of future returns; capital can be lost. Prices: NSE BhavCopy; the back test deducts brokerage, STT, exchange charges and GST. https://www.rupeecase.com/strategies/factsheets/large-midcap

02The PDF

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03Documents

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Other factsheets

CAGR and max drawdown on the cards: Model, back tested. As of 27 Apr 2026.

04Questions

The Large Midcap factsheet,
in plain words.

What does the Large Midcap factsheet show?

The model, back tested record of Large Midcap: a CAGR of 37.83%, a deepest fall of −19.31% and a Sharpe ratio of 1.69 as of 27 Apr 2026, with 40 holdings rebalanced every 2 weeks. Every figure is after estimated charges and names its date.

What does it cost to run Large Midcap?

0.2% of traded value per rebalance, nothing else: no subscription, no AUM fee, no performance fee and no lock in. On the minimum that is about ₹3,100 a year (1.56% of capital), assuming 26 rebalances a year with 30% of the book traded each time. Brokerage, STT, exchange charges and GST are paid to your broker.

How much capital does Large Midcap need?

About ₹1,99,000, enough to hold one share of every name at recent prices, as of 8 Aug 2026. More capital tracks the model weights more closely.

Are these actual returns?

No. RupeeCase is a technology platform, not a fund, a PMS or a SEBI registered investment adviser. Model figures are back tested, after estimated charges, and are not actual client returns or a promise of future returns; capital can be lost.

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Large Midcap.
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37.83% CAGR, model, back tested as of 27 Apr 2026. About ₹1.99L to start. 0.2% of traded value per rebalance, no lock in.