Top 25 stocks from the Nifty LargeMidcap 250. Every month, without exception.
The model scores all 250 stocks in the Nifty LargeMidcap 250 universe each month using our proprietary multi-factor framework. The top 25 — capped at 3 per industry — are selected and held in equal weight until the next rebalance. No overrides, no exceptions, no gut calls.
The 5-year backtest delivered 37.0% CAGR vs a 15.37% Nifty LargeMidcap 250 Index benchmark — a +21.68% annual alpha. The Sharpe ratio of 1.45 reflects strong risk-adjusted returns, not just raw performance. Maximum drawdown was -20.9% versus the benchmark.
250-stock universe
Covers the top 100 NSE companies plus 150 midcap stocks — capturing the majority of India's listed market cap.
Multi-factor scoring
A proprietary blend of academically validated factor signals ranks every stock each month. Composition and weighting are MindForge IP.
Equal-weight, sector-capped
Every name carries the same weight; no single industry can take more than 3 of the 25 slots. Diversification is structural, not promised.
Rules over hunches
The model runs identically every cycle. Output is a portfolio — not a thesis, not a call, not a discretionary tweak.
Full performance analysis
Backtest period: May 2021 → May 2026 · Benchmark: Nifty LargeMidcap 250 Index · 37.0% CAGR vs 15.37% benchmark · Beats benchmark 64% of months. Simulated performance, not live trading. Past performance is not indicative of future returns.