Tools
Dynamic allocation
Each month, Nifty 500 equity at the average of a valuation half (80% when its P/E is in its cheapest fifth since 1999, falling to 20% in its dearest fifth) and a trend half (20% at a trend score of 0, rising to 80% at 100); the rest in the 5-year G-sec. Trades only when a weight is more than 5 points off target. It holds 71% G-secs, 29% Nifty 500 since Sept 2026. From Apr 2005 it returned 10.1% a year after tax, against 10.8% for its benchmark; its worst fall was −32%.
What it holds now
Target since Sept 2026: 71% G-secs, 29% Nifty 500. If the month ended today it would hold 72% G-secs, 28% Nifty 500.
The numbers behind the decision in force, taken 30 Sept 2026.
| Reading | |
|---|---|
| Nifty 500 P/E (consolidated) | 21.8 |
| Its percentile since 1999 | 66.1 |
| Nifty 500 trend score (0 to 100) | 8.3 |
| Equity from the valuation half, % | 33.9 |
| Equity from the trend half, % | 25.0 |
If the month ended today (6 Oct 2026), these numbers would make it hold 72% G-secs, 28% Nifty 500.
| Reading | |
|---|---|
| pe | 21.9 |
| pe_percentile | 67.1 |
| trend_score | 4.2 |
| equity_from_valuation | 32.9 |
| equity_from_trend | 22.5 |
Its record
Growth of one rupee after costs, before tax, on a log scale, beside its benchmark: equal parts Nifty 500 and 5-year G-secs, rebalanced each January. The benchmark holds the assets the rule chooses from but never switches, so the gap is what the rule's timing added or cost. The marks show when the rule was published and when it entered this library; only the stretch after the second mark is free of hindsight.
Dynamic allocation: growth of one rupee
How to read it. Log scale, so equal slopes are equal returns.
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Dynamic allocation: fall from its previous peak
How to read it. How far each was below its own previous high, weekly. The model's worst fall was −32%, against −30% for its benchmark, on daily closes; the weekly line can look a little shallower.
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Apr 2005 to Oct 2026. Percentages except the Sharpe ratio, turnover and tax cost. Deflated Sharpe ratio against the benchmark: 0.00 (0.95 is the usual bar), counting every rule tried.
| This model | Benchmark | |
|---|---|---|
| Return a year, before tax | 11.1 | 11.3 |
| Return a year, after tax | 10.1 | 10.8 |
| Volatility | 10.6 | 11.0 |
| Worst fall | −32.4 | −29.5 |
| Sharpe ratio | 0.4 | – |
| Average share in equity | 43.2 | – |
| Turnover a year | 0.5 | – |
| Tax cost, points a year | 0.9 | – |
The live log starts on the entry date.
| Period | Dates | Total return | A year | More |
|---|---|---|---|---|
| Before the rule was published | Apr 2005 to Oct 2026 | 860.4% | 11.1% | |
| Published, before it entered this library | Dec 2026 to Oct 2026 | – | – | |
| Since it entered this library (live) | – | – | – |
As an index: Tipsheet Dynamic Allocation
The same rule published as an index: total return, before any fund cost, trading cost or tax, set to 1,000 at the end of 2006 like every Tipsheet index. Its launch date is 8 Oct 2026, when the rule entered this library; the lighter line before it is back-calculated. Tipsheet indices are reference series for research only: not official indices, not investable, and not advice.
Tipsheet Dynamic Allocation, 1,000 at the end of 2006
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What it held
The share of the model in each asset at every month-end.
Dynamic allocation: holdings at each month-end
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The rule
Each month, Nifty 500 equity at the average of a valuation half (80% when its P/E is in its cheapest fifth since 1999, falling to 20% in its dearest fifth) and a trend half (20% at a trend score of 0, rising to 80% at 100); the rest in the 5-year G-sec. Trades only when a weight is more than 5 points off target.
Valuation-based allocation as in Indian balanced advantage funds and NSE's Dynamic P/E index; trend as in Hurst, Ooi and Pedersen (2017). Rule published 2026; entered this library 8 Oct 2026.
The workings
Data
Every chart has a table view, a CSV download and a link to its published JSON. Bundles are listed in data status.