Old Bridge Focused Fund
Direct · GrowthAI Summary
Old Bridge Focused Fund has delivered strong lump-sum outperformance versus the NIFTY 50, with a 1Y Fund CAGR of 21.49% against the benchmark's -2.9%, generating alpha of 24.35% over 1Y and positive alpha across all periods out to 15Y. However, its 1Y SIP XIRR of 7.56% trails the category average SIP XIRR of 17.03% by a wide margin, indicating weaker outcomes for systematic investors over the recent period. Calendar year returns have been positive and steady, with 18.08% in 2024, 8.18% in 2025, and 10.0% in 2026.
The fund shows a beta near 1 (0.9961 over 1Y) but a notably low downside capture of 76.71% over 1Y and 82.35% over longer periods, meaning it has historically fallen less than the benchmark in down markets. Its maximum drawdown of just -0.19% with a 312-day recovery reflects limited recent peak-to-trough stress, though the fund has experienced 2 drawdown events exceeding 10%. The 1Y Calmar Ratio of 0.41 suggests moderate risk-adjusted efficiency relative to its drawdown experience.
The fund holds a concentrated portfolio of 23 stocks, with the top 10 accounting for roughly 54% of NAV, led by Shriram Finance at 7.6% and Redington at 6.26%. Sector exposure is fairly balanced, with Automobiles (10.5%), Pharmaceuticals (9.4%), and Finance (7.6%) as the top sectors, and no single sector dominating. Holdings span financials, autos, pharma, telecom, metals, and aviation, offering reasonable diversification despite the focused mandate.
Against category peers, the fund's 1Y SIP XIRR of 7.56% significantly lags the category average of 17.03%, which is a clear underperformance for SIP investors. Its lump-sum record, however, is strong, with consistent positive alpha versus the NIFTY 50 across 1Y through 15Y horizons. This divergence suggests the fund's lump-sum benchmark-relative performance is its standout attribute, while recent SIP-based returns have not kept pace with peers.
This fund suits investors with a long-term horizon of 5 years or more who value benchmark outperformance on lump-sum investments and can tolerate periods of SIP underperformance versus category averages. Its low downside capture and moderate beta make it appropriate for investors seeking equity returns with somewhat cushioned downside participation. Those prioritizing strong recent SIP returns may want to compare it against category leaders before committing.
- Consistent positive alpha versus NIFTY 50 across all measured periods, including 24.35% alpha over 1Y
- Low downside capture of 76.71% (1Y) and 82.35% (long-term), cushioning losses in falling markets
- Diversified 23-stock focused portfolio with balanced sector allocation and no single sector above 10.5%
- 1Y SIP XIRR of 7.56% significantly trails the category average of 17.03%, a gap of nearly 9.5 percentage points
- Two drawdown events exceeding 10% and a 312-day recovery from maximum drawdown indicate meaningful downside episodes can occur
Generated on 06-09-2026, 2:55 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 | 7.6% | -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 | 7.6% | 14.4% | 17.0% | -6.9% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 7.8% | 8.9% | -8.9% | 25.8% | 0.18 | 0.26 | 85% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +24.35 | 1.00 | 106.8% | 76.7% | 21.5% | -2.9% |
| 3 Years | +8.57 | 0.95 | 95.2% | 82.3% | 12.3% | 3.6% |
| 5 Years | +4.85 | 0.95 | 95.2% | 82.3% | 7.2% | 2.1% |
| 7 Years | +3.32 | 0.95 | 95.2% | 82.3% | 5.1% | 1.5% |
| 10 Years | +2.20 | 0.95 | 95.2% | 82.3% | 3.5% | 1.1% |
| 12 Years | +1.77 | 0.95 | 95.2% | 82.3% | 2.9% | 0.9% |
| 15 Years | +1.34 | 0.95 | 95.2% | 82.3% | 2.4% | 0.7% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Shriram Finance Limited | 7.60% |
| 2 | Redington Limited | 6.26% |
| 3 | Aurobindo Pharma Limited | 5.99% |
| 4 | Maruti Suzuki India Limited | 5.87% |
| 5 | Bharti Airtel Limited | 5.78% |
| 6 | Prestige Estates Projects Limited | 4.71% |
| 7 | Tata Motors Passenger Vehicles Limited | 4.66% |
| 8 | Ramkrishna Forgings Limited | 4.58% |
| 9 | InterGlobe Aviation Limited | 4.41% |
| 10 | Hindustan Zinc Limited | 4.26% |