--- title: "Largecap Hybrid Factsheet | Model Back Test | RupeeCase" description: "Largecap Hybrid factsheet: model CAGR 22.74%, max drawdown −22.04%, back tested as of 27 Apr 2026. Holdings, months, falls, costs. Print or save as PDF." source_url: "https://www.rupeecase.com/strategies/factsheets/largecap-hybrid" --- Factsheet, model back tested # Largecap Hybrid factsheet 20 largecap stocks plus 20% LiquidCase. 80/20 equity-plus-debt on the Nifty 100. Hybrid on the Nifty 100, 21 holdings, rebalanced every 4 weeks. Every figure below is model, back tested and after charges; each block names its date. * **22.74%**CAGR, model, as of 27 Apr 2026 * **−22.04%**deepest model fall * **1.25**Sharpe ratio, model * **₹1.25L**minimum, about ₹1,25,000 Print or save as PDF Email me the PDF [Read the Largecap Hybrid strategy page](/strategies/largecap-hybrid) CAGR**22.74%**Nifty 50 TRI line 9.8% Max drawdown**−22.04%**peak to trough, model Sharpe ratio**1.25**Nifty 50 0.73 Minimum capital**₹1.25L**about ₹1,25,000 Model, back tested. As of 27 Apr 2026. After charges. Not a promise of future returns. Largecap Hybrid, model**₹296**Nifty 50 TRI, 9.8% CAGR line**₹162** 150 200 300 ₹100 in the model in May 2021 became ₹296 by Jul 2026; the Nifty 50 TRI line reached ₹162. Log scale. Model, back tested. As of 27 Apr 2026. ### Performance, risk, efficiency * Metric**Largecap Hybrid***Nifty 50* * Performance * CAGR**22.74%***9.8%* * Cumulative return**+141.26%***+59.62%* * Sharpe ratio**1.25***0.73* * Sortino ratio**1.25***0.70* * Calmar ratio**1.12***0.58* * Risk * Max drawdown**−22.04%***−16.92%* * Volatility, a year**19.12%***14.04%* * Best week**+7.38%***+6.36%* * Worst week**−6.20%***−6.33%* * Efficiency * Weeks up**58.62%***57.47%* * Average up week**+2.23%***+1.49%* * Average down week**−2.05%***−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 UniverseNifty 100 TypeHybrid SleevesEquity 80, debt 20 Holdings21, equal weight in the equity sleeve RebalanceEvery 4 weeks, 13 a year Max stock price₹5,000 Risk bandModerately High TierConservative core BenchmarkNifty 50 Minimum capitalAbout ₹1,25,000, as of 8 Aug 2026 Back test from7 May 2021 Metrics windowRolling 5 years Fee0.2% of traded value per rebalance, nothing else ### Calendar year returns * 2021from May**+24.1%** * 2022**+26.8%** * 2023**+51.4%** * 2024**+26.9%** * 2025**−2.9%** * 2026to May**+2.5%** Model, back tested, after charges, 2021 to May 2026. ### Deepest falls 1. **−5.31%**23 Feb 2024 to 29 Mar 2024*35 days* 2. **−5.31%**23 Feb 2024 to 29 Mar 2024*35 days* 3. **−5.31%**23 Feb 2024 to 29 Mar 2024*35 days* 4. **−5.31%**23 Feb 2024 to 29 Mar 2024*35 days* 5. **−5.31%**23 Feb 2024 to 29 Mar 2024*35 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 * **2021**Janno dataFebno dataMarno dataAprno dataMay1.6Jun2.8Jul3.8Aug5.8Sep4.6Oct3.6Nov−3.1Dec3.1**Year+24.1%** * **2022**Jan−0.2Feb−1.0Mar4.5Apr6.7May−8.1Jun−3.6Jul12.1Aug5.3Sep0.1Oct6.0Nov3.0Dec0.6**Year+26.8%** * **2023**Jan−6.2Feb−4.5Mar0.1Apr6.1May2.7Jun9.5Jul7.1Aug−0.4Sep8.4Oct−3.6Nov10.1Dec15.1**Year+51.4%** * **2024**Jan10.5Feb5.4Mar0.1Apr2.5May10.3Jun1.4Jul4.3Aug−3.4Sep1.7Oct−9.0Nov1.6Dec0.3**Year+26.9%** * **2025**Jan−6.2Feb−5.5Mar3.8Apr2.1May2.0Jun1.1Jul−4.3Aug−1.0Sep1.8Oct5.0Nov−1.0Dec0.0**Year−2.9%** * **2026**Jan−2.5Feb7.8Mar−12.4Apr13.8May−2.1Junno dataJulno dataAugno dataSepno dataOctno dataNovno dataDecno data**YTD+2.5%** Model, back tested, after charges. Each cell is one calendar month, in percent. ### 21 holdings * Equity**70%** * Debt**20%** * LIQUIDCASE**19.9%***Debt* * VEDL**4.0%** * ADANIPOWER**3.9%** * TATASTEEL**3.9%** * HAL**3.8%** * HINDZINC**3.8%** * NTPC**3.8%** * SHRIRAMFIN**3.8%** * VBL**3.7%** * TATAPOWER**3.7%** * PFC**3.7%** * NESTLEIND**3.6%** * LODHA**3.6%** * CGPOWER**3.5%** * HINDALCO**3.5%** * ADANIGREEN**3.4%** * ADANIENSOL**3.3%** * SIEMENS**2.9%** * ADANIPORTS**2.9%** * ENRIN**2.6%** * ADANIENT**2.1%** 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 * Power & Utilities**25.8%** * Other, not yet mapped**24.9%** * Metals & Mining**21.9%** * Capital Goods**11.4%** * Banking & Financial**10.8%** * FMCG & Consumer**5.3%** 6 sectors in the equity sleeve, mapped against NSE listings; names not yet in the map are counted as other. ### How it works 1. 4**Rebalance**Every 4 weeks the model runs again; names that fall out are sold, entrants bought, the full list published. 2. 4**Rebalance**Every 4 weeks the model runs again; names that fall out are sold, entrants bought, the full list published. 3. 4**Rebalance**Every 4 weeks the model runs again; names that fall out are sold, entrants bought, the full list published. 4. 4**Rebalance**Every 4 weeks the model runs again; names that fall out are sold, entrants bought, the full list published. ### Costs Platform fee0.2% of traded value per rebalance; no subscription, no AUM fee, no performance fee, no lock in A year on the minimum, about₹980 (0.78% of capital): 13 rebalances a year, 30% of the book traded each time, an assumption Inside the back testGross +229.04%, estimated costs −28.22 pts, net +200.82%, cumulative over rolling 5 years to 27 Apr 2026 Broker sideBrokerage, STT, exchange charges and GST are paid to your broker ### Rebalance record Published rebalances86, from 14 May 2021 to 8 May 2026 CadenceEvery 4 weeks, 13 a year, on a fixed calendar Names on the latest list21, which can differ from the 21 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/largecap-hybrid 02The PDF ## Email me the PDF. Reading needs no sign up: everything is on this page, and Print saves it as a PDF. Leave an email to get a copy, and a note when Largecap Hybrid rebalances or the figures change. Two emails a month at most. Noted on this device. Print saves the PDF any time. 03Documents ## Everything behind the sheet. * [Largecap Hybrid strategy pageFour numbers, the full factsheet with the stress test, the FAQ and Invest.](/strategies/largecap-hybrid) * [Rebalance historyEvery published list, 86 rebalances, 14 May 2021 to 8 May 2026.](/rebalance/largecap-hybrid/) * [Rebalance history, CSVThe record as a file.](/data/rebalances/largecap-hybrid.csv) * [Largecap Hybrid as plain textMarkdown, for reading tools and AI assistants.](/strategies/largecap-hybrid.md) * [Conservative core tierLargecap led, built to stay invested through cycles.](/strategies/by-tier/conservative) * [DisclaimersHow the model figures are made and what they are not.](/disclaimers) ### Compare Largecap Hybrid with * [vsFocused Largecap 20CAGR 26.3%, Sharpe 1.20](/strategies/compare/focused-largecap-20-vs-largecap-hybrid) * [vsLarge Cap Multi AssetCAGR 24.4%, Sharpe 1.32](/strategies/compare/largecap-multi-asset-vs-largecap-hybrid) ### Other factsheets * [higher CAGRLarge Cap Multi AssetCAGR 24.4%, max drawdown −21.0%](/strategies/factsheets/largecap-multi-asset) * [lower CAGRNifty 50 Equal WeightCAGR 16.4%, max drawdown −15.7%](/strategies/factsheets/nifty-50-equal-weight) * [LargeFocused Largecap 20CAGR 26.3%, max drawdown −23.6%](/strategies/factsheets/focused-largecap-20) CAGR and max drawdown on the cards: Model, back tested. As of 27 Apr 2026. 04Questions ## The Largecap Hybrid factsheet, in plain words. ### What does the Largecap Hybrid factsheet show? The model, back tested record of Largecap Hybrid: a CAGR of 22.74%, a deepest fall of −22.04% and a Sharpe ratio of 1.25 as of 27 Apr 2026, with 21 holdings rebalanced every 4 weeks. Every figure is after estimated charges and names its date. ### What does it cost to run Largecap Hybrid? 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 ₹980 a year (0.78% of capital), assuming 13 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 Largecap Hybrid need? About ₹1,25,000, 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. Explore next ## Read the record behind the factsheet. * [Free module 6.7Bonds and Fixed Income in India8 min read](/learn/path-6/module-6-7-bonds-fixed-income-india) * [Blog noteLargecap Hybrid: a buffer is a shock absorber, not a shieldStrategy notes, a short note](/blog/2026-07-06-evening-largecap-hybrid-buffer/) * [SectorMetals & Mining stocksNSE sector across the 18 index algos](/sectors/metals-mining) * [Free module 2.4How Backtesting Works8 min read](/learn/path-2/module-2-4-how-backtesting-works) ## Largecap Hybrid. Read the rules, then decide. [Invest in Largecap Hybrid](https://invest.rupeecase.com/signup?strategy=largecap-hybrid)[Compare Largecap Hybrid](/strategies/compare/focused-largecap-20-vs-largecap-hybrid) 22.74% CAGR, model, back tested as of 27 Apr 2026. About ₹1.25L to start. 0.2% of traded value per rebalance, no lock in.