Axis Quant Fund
Direct · GrowthAI Summary
Axis Quant Fund has delivered consistent alpha over the NIFTY 50 across long horizons, with a 5Y lump-sum CAGR of 10.79% versus the benchmark's 7.83% and a 3Y CAGR of 11.35% versus 7.75%. Its SIP XIRR of 13.72% over 3Y and 10.07% over 5Y, however, trails the category average of 16.82% and 16.95% respectively, indicating it lags sectoral/thematic peers. The 1Y XIRR of 13.04% is also below the category's 14.1%, though the fund's 1Y alpha of 9.70% against the NIFTY 50 is strong.
The fund shows a favorable downside profile with downside capture of 89.0% over 5Y and 93.45% over 3Y, meaning it loses less than the benchmark in falling markets, while beta below 1 (0.94 at 5Y) suggests moderate volatility. Only 2 drawdown events exceeding 10% have occurred, with the maximum drawdown being shallow. However, the Calmar ratio of 0.49 over 5Y indicates modest risk-adjusted returns relative to the depth of its worst drawdown.
The 25-stock portfolio is moderately concentrated, with the top 10 holdings comprising roughly 38.8% of NAV. Adani group companies (Adani Enterprises, Adani Energy Solutions, Adani Ports, and Adani Green) together account for about 16.75%, creating notable single-group exposure. Sector-wise, Automobiles (14.1%), Banks (13.4%), and Finance (12.5%) dominate, with cyclical sectors forming the bulk of the book.
Against sectoral/thematic peers, the fund underperforms on SIP XIRR at every horizon, trailing the category average by roughly 3-7 percentage points over 3Y and 5Y. Its edge lies in benchmark-relative consistency, with positive alpha across all periods from 1Y through 15Y. Calendar year returns show volatility typical of the category, ranging from 32.56% in 2023 to -2.36% in 2022.
This fund suits investors with high risk tolerance seeking thematic, quant-driven equity exposure as a satellite holding rather than a core portfolio allocation. A time horizon of at least 5 years is advisable given the sectoral/thematic category's inherent volatility and the fund's concentrated Adani group exposure. Investors should be comfortable with meaningful drawdowns and underperformance versus category peers in exchange for consistent benchmark outperformance.
- Consistent positive alpha versus NIFTY 50 across all measured periods, from 9.70% at 1Y to 3.04% at 5Y
- Favorable downside capture of 89.0% over 5Y, indicating the fund falls less than the benchmark in weak markets
- Diversified 25-stock portfolio with no single stock exceeding 4.68% of NAV
- SIP XIRR trails the category average at every horizon, lagging by 3.1 percentage points over 3Y and 6.9 points over 5Y
- High expense ratio of 2.63% and concentrated Adani group exposure of roughly 16.75% across four holdings
Generated on 11-09-2026, 3:18 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.51 L | 13.0% | -29.1% | 56.1% |
| 3 Years | ₹36.00 L | ₹42.34 L | 13.7% | -1.8% | 30.7% |
| 5 Years | ₹60.00 L | ₹76.90 L | 10.1% | 8.1% | 11.4% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 13.0% | 14.4% | 14.1% | -1.4% |
| 3 Years | 13.7% | 11.1% | 16.8% | +2.6% |
| 5 Years | 10.1% | 10.4% | 16.9% | -0.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 12.8% | 5.7% | -13.3% | 49.7% | 0.38 | 1.07 | 74% | — | — |
| 3 Years | 15.0% | 14.6% | 9.8% | 21.2% | 3.01 | — | 100% | — | — |
| 5 Years | 11.3% | 11.3% | 10.8% | 11.9% | 17.80 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +9.70 | 1.06 | 106.0% | 93.8% | 6.2% | -2.9% |
| 3 Years | +3.61 | 0.99 | 98.4% | 93.5% | 11.3% | 7.8% |
| 5 Years | +3.04 | 0.94 | 93.3% | 89.0% | 10.8% | 7.8% |
| 7 Years | +2.06 | 0.94 | 93.0% | 88.6% | 8.4% | 6.3% |
| 10 Years | +1.28 | 0.94 | 93.0% | 88.6% | 5.8% | 4.4% |
| 12 Years | +0.99 | 0.94 | 93.0% | 88.6% | 4.8% | 3.6% |
| 15 Years | +0.70 | 0.94 | 93.0% | 88.6% | 3.8% | 2.9% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Adani Enterprises Limited | 4.68% |
| 2 | Adani Energy Solutions Limited | 4.50% |
| 3 | Samvardhana Motherson International Limited | 4.00% |
| 4 | Adani Ports and Special Economic Zone Limited | 3.88% |
| 5 | Tata Motors Passenger Vehicles Limited | 3.81% |
| 6 | Eicher Motors Limited | 3.80% |
| 7 | Bank of Baroda | 3.70% |
| 8 | Adani Green Energy Limited | 3.69% |
| 9 | TVS Motor Company Limited | 3.42% |
| 10 | Lodha Developers Limited | 3.34% |