Kotak Quant Fund
Direct · GrowthAI Summary
Kotak Quant Fund has delivered strong alpha over the NIFTY 50 across long horizons, with a 3Y lump-sum CAGR of 12.92% versus the benchmark's 4.9% and alpha of 8.07%. However, its SIP XIRR of 4.75% over 3Y and 5.84% over 1Y trails the category average SIP XIRR of 16.31% and 10.72% respectively, indicating underperformance versus sectoral/thematic peers on SIP returns. Calendar year returns show deceleration, from 24.02% in 2023 to -5.8% in 2026.
The fund shows favorable downside behavior with a downside capture of 86.1% (1Y) and 92.75% (3Y) versus upside capture near or above 100%, meaning it falls less than the benchmark while participating well in rallies. Only one drawdown event exceeding 10% occurred, with a maximum drawdown of roughly -22.3% lasting 154 days. Calmar ratios of 0.45 (1Y) and 0.65 (3Y) suggest moderate risk-adjusted efficiency given the drawdown depth.
Holdings-level portfolio data is not provided, so specific top holdings and sector weights cannot be assessed. As a quant-driven sectoral/thematic fund, its exposure is model-driven rather than manager-driven, which typically results in broader, rules-based diversification. Investors should review the latest factsheet to verify actual sector concentration before investing.
Against category peers, the fund lags meaningfully on SIP XIRR — 4.75% over 3Y versus the category average of 16.31% — placing it in the lower tier for SIP investors. Its lump-sum performance, however, is comparatively stronger, with positive alpha over the NIFTY 50 across 1Y through 15Y windows. This divergence suggests lump-sum entry timing has been rewarded more than staggered SIP investing in recent periods.
This fund suits investors with high risk tolerance seeking benchmark-beating, model-driven equity exposure, and it should be treated as a satellite allocation rather than a core holding given its sectoral/thematic classification. A horizon of at least 5-7 years is advisable to ride out drawdowns like the 154-day recovery period observed. Investors relying on SIP accumulation should note the current XIRR shortfall versus category peers before committing.
- Consistent positive alpha over NIFTY 50 across all measured periods, peaking at 8.07% over 3Y
- Downside capture of 86.1% (1Y) and 92.75% (3Y) limits losses relative to the benchmark in falling markets
- Only one drawdown event greater than 10%, indicating infrequent severe losses
- SIP XIRR of 4.75% (3Y) and 5.84% (1Y) trails the category average of 16.31% and 10.72% respectively
- Calendar year returns have deteriorated sharply, from 24.02% in 2023 to -5.8% in 2026, and the maximum drawdown of -22.3% has not yet fully recovered
Generated on 13-10-2026, 3:12 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 | ₹12.21 L | 8.1% | -25.8% | 69.6% |
| 3 Years | ₹36.00 L | ₹39.08 L | 5.0% | -0.5% | 7.7% |
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 | 8.1% | 14.3% | 10.7% | -6.1% |
| 3 Years | 5.0% | 11.0% | 16.3% | -6.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 9.9% | 3.6% | -11.3% | 61.6% | 0.18 | 0.53 | 70% | — | — |
| 3 Years | 14.3% | 14.0% | 11.6% | 16.3% | 5.24 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +2.37 | 0.93 | 87.4% | 84.5% | -6.1% | -9.5% |
| 3 Years | +6.14 | 1.01 | 100.3% | 92.3% | 11.6% | 5.5% |
| 5 Years | +4.19 | 1.01 | 100.7% | 92.1% | 7.5% | 3.4% |
| 7 Years | +2.97 | 1.01 | 100.7% | 92.1% | 5.3% | 2.4% |
| 10 Years | +2.07 | 1.01 | 100.7% | 92.1% | 3.7% | 1.7% |
| 12 Years | +1.73 | 1.01 | 100.7% | 92.1% | 3.1% | 1.4% |
| 15 Years | +1.39 | 1.01 | 100.7% | 92.1% | 2.5% | 1.1% |