Old Bridge Focused Fund
Direct · GrowthAI Summary
Old Bridge Focused Fund has delivered a 1Y SIP XIRR of 10.87%, slightly below the category average of 11.2%. Against the NIFTY 50, the fund shows strong outperformance with a 1Y Fund CAGR of 10.86% versus the benchmark's -10.57%, generating an alpha of 21.28%. Over longer horizons, the fund has consistently beaten the benchmark, with a 5Y CAGR of 5.94% versus 0.71% for the NIFTY 50.
The fund exhibits low volatility with a maximum drawdown of just -0.19% and an average drawdown of -0.05%, though it took 312 days to recover from its maximum drawdown. Its downside capture of 82.86% over 3Y and beyond, combined with upside capture of 95.22%, indicates it loses less than the market in declines while capturing slightly less in rallies. The 1Y Calmar Ratio of 0.45 suggests moderate risk-adjusted efficiency relative to drawdown duration.
The portfolio holds 24 stocks with the top 10 accounting for roughly 50% of NAV, led by Shriram Finance (7.18%) and Redington (6.96%). Sector exposure is well spread, with the top five sectors — Pharmaceuticals (8.7%), Automobiles (7.8%), Non-Ferrous Metals (7.7%), Finance (7.2%), and Commercial Services (7.0%) — each under 9%. This diversified, conviction-weighted approach is typical of a focused fund while avoiding heavy single-sector bets.
The fund's 1Y SIP XIRR of 10.87% trails the category average of 11.2%, placing it modestly below peers on recent SIP returns. However, its consistent alpha over the NIFTY 50 across 3Y (8.63%), 5Y (4.94%), and longer windows demonstrates durable stock-selection skill. Calendar year returns of 18.08% in 2024, 8.18% in 2025, and 3.64% in 2026 show decelerating but positive yearly performance.
This fund suits investors seeking benchmark-beating returns with lower downside risk, given its strong downside capture profile and consistent alpha. A time horizon of at least 5 years is advisable, as long-term CAGRs of 5.94% (5Y) indicate returns compound meaningfully over extended periods. Investors should have moderate risk tolerance, accepting that upside capture below 100% may lag the market in strong rallies.
- Consistent alpha over NIFTY 50 across all measured periods, including 21.28% in 1Y and 8.63% over 3Y
- Low downside capture of 82.86%, meaning the fund falls significantly less than the benchmark during market declines
- Diversified 24-stock portfolio with no sector exceeding 8.7%, reducing concentration risk within the focused fund mandate
- 1Y SIP XIRR of 10.87% trails the category average of 11.2%, indicating recent underperformance versus peers
- Long recovery time of 312 days from maximum drawdown suggests drawdowns, while shallow, can take extended periods to heal
Generated on 13-10-2026, 3:08 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 | ₹12.50 L | 8.5% | -15.8% | 31.8% |
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 | 8.5% | 14.3% | 11.2% | -5.8% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 8.6% | 9.6% | -8.9% | 25.8% | 0.29 | 0.46 | 86% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +19.85 | 0.97 | 102.8% | 77.4% | 8.9% | -11.4% |
| 3 Years | +7.71 | 0.94 | 93.9% | 82.9% | 9.7% | 1.7% |
| 5 Years | +4.37 | 0.94 | 93.9% | 82.9% | 5.7% | 1.0% |
| 7 Years | +2.99 | 0.94 | 93.9% | 82.9% | 4.1% | 0.7% |
| 10 Years | +1.96 | 0.94 | 93.9% | 82.9% | 2.8% | 0.5% |
| 12 Years | +1.57 | 0.94 | 93.9% | 82.9% | 2.4% | 0.4% |
| 15 Years | +1.18 | 0.94 | 93.9% | 82.9% | 1.9% | 0.3% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Shriram Finance Limited | 7.18% |
| 2 | Redington Limited | 6.96% |
| 3 | Aurobindo Pharma Limited | 5.57% |
| 4 | InterGlobe Aviation Limited | 4.97% |
| 5 | ITC Limited | 4.86% |
| 6 | Bharti Airtel Limited | 4.53% |
| 7 | Ramkrishna Forgings Limited | 4.34% |
| 8 | Maruti Suzuki India Limited | 4.34% |
| 9 | Jubilant Foodworks Limited | 4.10% |
| 10 | Hindustan Zinc Limited | 3.93% |