5Paisa Focused Alpha 5
The most concentrated alpha play in the marketplace. Five names. Three-week rebalance.
Risk: Very High
Universe: Nifty Alpha 50
Benchmark: Nifty 50
5Paisa Exclusive
Take the Nifty Alpha 50, the index of India's 50 highest-alpha names. Run a momentum filter on it. Hold the top 5. Rebalance every three weeks. The 5-year backtest produced a cumulative return of 896.34% against the Nifty 50's 66.10%, a Sharpe of 1.61, and a max drawdown of 24.72% that took 154 days to recover. The trade-off is volatility of 31.68%. This is a satellite-sleeve product, not a starter portfolio.
Net Return (5Y)
+896.34%
Nifty 50: +66.10%
Alpha vs Nifty 50
+830.24%
Cumulative outperformance
CAGR
+58.34%
Nifty 50: +10.68%
Performance, Risk, Efficiency (5Y rolling, after charges)
| Metric |
Strategy |
Nifty 50 |
| Performance |
| Cumulative Return | 896.34% | 66.10% |
| Annualised Return (CAGR) | 58.34% | 10.68% |
| Sharpe Ratio | 1.61 | 0.79 |
| Sortino Ratio | 1.78 | 0.76 |
| Calmar Ratio | 2.36 | 0.63 |
| Risk |
| Max Drawdown | -24.72% | -16.92% |
| Volatility (Annualised) | 31.68% | 14.03% |
| Best Week | +14.43% | +6.36% |
| Worst Week | -10.42% | -6.33% |
| Efficiency |
| Avg Win | +3.71% | +1.51% |
| Avg Loss | -3.01% | -1.56% |
Configuration
Strategy Universe
Nifty Alpha 50
Cost Decomposition (5Y, after charges)
Gross Return
990.45%
Pre-cost
Estimated Cost
94.11%
Brokerage, STT, taxes
Net Return
896.34%
What investors realise
Year by Year Performance
Monthly Returns Heatmap (5Y)
| Year |
Jan | Feb | Mar | Apr | May | Jun |
Jul | Aug | Sep | Oct | Nov | Dec |
YTD |
Current Holdings (post 13 April 2026 rebalance)
NATIONALUM
17.7%
Aluminium PSU
HINDCOPPER
18.7%
Copper PSU
VEDL
19.9%
Diversified Metals
MCX
18.9%
Capital Markets
ADANIPOWER
19.0%
Power Generation
Holdings rotate every 3 weeks based on the Nifty Alpha 50 momentum screen. 88 rebalances logged across the 5-year backtest. Last rebalance 13 April 2026. Next scheduled 4 May 2026.
Worst 5 Drawdown Periods
| Started |
Recovered |
Max Drawdown |
Duration (days) |
| 2024-12-20 | 2025-05-23 | -24.72% | 154 |
| 2026-03-06 | 2026-04-10 | -17.84% | 35 |
| 2021-10-22 | 2022-03-25 | -17.07% | 154 |
| 2022-04-22 | 2022-07-22 | -15.44% | 91 |
| 2022-12-23 | 2023-04-14 | -11.37% | 112 |
Key Insight
The strategy compounds in concentrated bursts. 2024 alone returned 108.4 percent, and 2023 added another 98.4 percent. But 2025 returned only 2.0 percent because the Dec 2024 to May 2025 drawdown (24.72 percent over 154 days) consumed the first half. Sit through those phases and the math still works. Five out of six rolling years closed positive. Sensible sizing: a 5 to 15 percent satellite sleeve on top of a diversified core, not the entire equity bucket.
Private and Confidential. Backtest results are 5-year rolling on the platform's standard methodology with all estimated charges (brokerage, STT, taxes) deducted. Net return is computed as Gross 990.45 percent minus Cost 94.11 percent equals 896.34 percent. Past performance is not indicative of future results. RupeeCase platform fee is 0.2 percent on traded value, charged only when trades execute. No subscription, no AUM fee. Markets-linked products carry market risk including loss of principal. Concentration risk is significant given the 5-stock structure. Risk classification is auto-calculated as Very High. Read all scheme-related documents at invest.rupeecase.com/disclaimers before investing. This factsheet is for information only and does not constitute investment advice.