Microcap
Pure microcap momentum. 50 stocks from Nifty Microcap 250. Fortnightly rebalance.
Risk: Moderately High
Universe: Nifty Microcap 250
Benchmark: Nifty 50
Equity 100%
The deepest cap-curve card. 50 momentum names from the Nifty Microcap 250, equal-weighted, rebalanced every 2 weeks. The 5-year backtest produced 449.08% cumulative return against the Nifty 50's 64.36%, CAGR 40.56%, Sharpe 1.53, max drawdown 26.44%. Best year 2023 at +93.0%. Use as a satellite microcap sleeve, not a core.
Net Return (5Y)
+449.08%
Nifty 50: +64.36%
Alpha vs Nifty 50
+384.72%
Cumulative outperformance
CAGR
+40.56%
Nifty 50: +10.44%
Performance, Risk, Efficiency (5Y rolling)
| Metric | Strategy | Nifty 50 |
|---|
| Performance |
| Cumulative Return | 449.08% | 64.36% |
| CAGR | 40.56% | 10.44% |
| Sharpe Ratio | 1.53 | 0.78 |
| Sortino Ratio | 1.43 | 0.75 |
| Calmar Ratio | 1.53 | 0.62 |
| Risk |
| Max Drawdown | -26.44% | -16.92% |
| Volatility (Annualised) | 24.15% | 14.04% |
| Best Week | +9.11% | +6.36% |
| Worst Week | -10.81% | -6.33% |
| Efficiency |
| Avg Win | +2.70% | +1.51% |
| Avg Loss | -2.66% | -1.56% |
Configuration
Universe
Nifty Microcap 250
Cost Decomposition
Gross Return
513.23%
Pre-cost
Estimated Cost
64.15%
Brokerage, STT, taxes
Net Return
449.08%
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 24 Apr 2026 rebalance)
Worst 5 Drawdown Periods
| Started | Recovered | Max Drawdown | Duration (days) |
|---|
| 2022-01-21 | 2022-08-19 | -18.94% | 210 |
| 2021-08-06 | 2021-09-24 | -12.62% | 49 |
| 2024-02-09 | 2024-03-29 | -10.90% | 49 |
| 2021-10-22 | 2021-12-03 | -8.25% | 42 |
| 2023-01-20 | 2023-04-07 | -6.74% | 77 |
Key Insight
The deepest cap-curve card on the platform. CAGR 40.56 percent sits just below Smallcap's 41.03 percent but max drawdown is meaningfully deeper (-26.44 versus -22.35 percent). Microcap concentration risk shows up in drawdown depth without proportional return uplift. Best used as a satellite sleeve on a diversified core, sized at 5 to 10 percent of equity. The 2023 print at +93 percent is the live-feel of microcap momentum when the regime is on.
Private and Confidential. Backtest results are 5-year rolling on the platform's standard methodology with all estimated charges deducted. Net = Gross 513.23 percent minus Cost 64.15 percent = 449.08 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. Microcap concentration risk is significant. Read invest.rupeecase.com/disclaimers before investing.