Axis Quant Fund
Direct · GrowthAI Summary
Axis Quant Fund has delivered a 3Y SIP XIRR of 12.48% and a 5Y SIP XIRR of 8.83%, both well below the thematic category averages of 16.34% and 16.77% respectively. The 1Y SIP XIRR of 7.8% also trails the category average of 11.58%, indicating underperformance across all measured horizons. Calendar year returns have been uneven, ranging from 32.56% in 2023 to -9.85% in 2026.
The fund has experienced 2 drawdown events exceeding 10%, with a maximum drawdown of approximately -23% and a lengthy recovery period of 158 days that remains unrecovered. Calmar ratios of 0.63 (3Y) and 0.42 (5Y) suggest modest risk-adjusted returns relative to the depth of drawdowns. Investors should be prepared for meaningful interim losses typical of a concentrated thematic strategy.
The portfolio holds 25 stocks, with Adani group companies (Adani Enterprises, Adani Energy Solutions, Adani Ports, and Adani Green) collectively representing about 16.75% of NAV, creating notable single-group concentration. Automobiles (14.1%), Banks (13.4%), and Finance (12.5%) are the top sector exposures, with financials combined at roughly 26%. The top 10 holdings account for about 38.8% of the portfolio, indicating moderate individual position sizing but meaningful group-level risk.
The fund consistently lags its thematic category peers, with XIRR shortfalls of roughly 4-8 percentage points across the 1Y, 3Y, and 5Y horizons. Performance has been inconsistent, with strong years like 2023 (32.56%) offset by weak ones like 2022 (-2.36%) and 2026 (-9.85%). A high expense ratio of 2.63% further pressures net returns relative to peers.
This fund suits experienced investors with high risk tolerance who specifically want quant-driven thematic exposure and can tolerate drawdowns exceeding 20%. A time horizon of at least 5-7 years is advisable given the volatile return pattern and current underperformance. It should be treated as a satellite allocation rather than a core portfolio holding, especially given its lag versus category peers.
- 3Y rolling return mean of 14.47% demonstrates the fund can deliver solid lump-sum returns over medium-term windows
- Diversified 25-stock portfolio with no single stock above 4.68% of NAV, limiting individual stock risk
- Strong 2023 calendar return of 32.56% shows capability to capture upside in favorable market conditions
- SIP XIRR underperforms category averages by 4-8 percentage points across 1Y, 3Y, and 5Y horizons
- High expense ratio of 2.63% and approximately 16.75% exposure to Adani group companies create cost and concentration risks
- Maximum drawdown of about -23% with a 158-day unrecovered drawdown period highlights significant downside risk
Generated on 31-10-2026, 2:18 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 | ₹12.47 L | 12.3% | -29.1% | 56.1% |
| 3 Years | ₹36.00 L | ₹42.13 L | 12.7% | -3.7% | 30.7% |
| 5 Years | ₹60.00 L | ₹76.11 L | 8.9% | 4.8% | 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 | Category avg |
|---|---|---|
| 1 Year | 12.3% | 11.6% |
| 3 Years | 12.7% | 16.3% |
| 5 Years | 8.9% | 16.8% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 12.3% | 5.3% | -13.3% | 49.7% | 0.35 | 0.96 | 73% | — | — |
| 3 Years | 14.5% | 14.4% | 6.5% | 21.2% | 2.45 | — | 100% | — | — |
| 5 Years | 9.7% | 10.0% | 6.6% | 11.9% | 1.85 | — | 100% | — | — |
Calmar Ratio by Duration
| # | 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% |