Quant BFSI Fund
Direct · GrowthAI Summary
Quant BFSI Fund has delivered strong SIP XIRR of 20.61% over 1 year and 19.08% over 3 years, significantly outperforming the category averages of 14.1% and 16.82% respectively. The fund's lump-sum rolling returns are also robust, with a 3-year mean of 26.61% versus the benchmark's 7.75% CAGR over the same period. However, the fund's 1-year CAGR of 15.62% is notably higher than the benchmark's -2.9%, indicating strong recent performance.
The fund exhibits moderate volatility with a beta of around 1.1 relative to NIFTY 50, and its maximum drawdown of -22.34% is substantial, with two drawdown events exceeding 10%. The Calmar ratio of 1.19 over 3 years suggests good risk-adjusted returns, but the average drawdown of -4.62% and recovery time of 133 days indicate that investors should be prepared for significant temporary losses. The fund's downside capture is lower than its upside capture, which is a positive sign for risk management.
The fund is highly concentrated with only 11 holdings, with the top 10 accounting for over 90% of assets. The portfolio is heavily tilted towards financial services, with finance (40%), banks (22.2%), and capital markets (13.1%) making up the bulk of sector exposure. Key holdings include Capri Global Capital, Manappuram Finance, and IDBI Bank, indicating a focus on smaller and mid-sized financial firms rather than large-cap banks.
Quant BFSI Fund consistently outperforms its category peers, with 1-year and 3-year XIRR of 20.61% and 19.08% versus category averages of 14.1% and 16.82%. The fund's calendar year returns show strong performance in 2023 (38.82%) and 2025 (25.68%), but a more modest 14.23% in 2024, indicating some variability. Despite this, the fund's alpha over the benchmark is positive across all time frames, ranging from 3.88% (15Y) to 19.04% (1Y), demonstrating consistent outperformance.
This fund is suitable for investors with a high risk tolerance and a long-term investment horizon of at least 5 years, given its sectoral concentration and significant drawdowns. It is best suited for those who believe in the growth potential of the BFSI sector and are willing to accept volatility for potentially higher returns. Investors should be aware that the fund's concentrated portfolio and sector focus can lead to sharp swings, so it should be used as a satellite allocation rather than a core holding.
- Strong SIP XIRR outperformance versus category averages by 6.5% (1Y) and 2.26% (3Y)
- Positive alpha across all time periods, with 1-year alpha of 19.04%
- Favorable downside capture ratio (79.74% on 1Y) indicating better protection in down markets
- High concentration with only 11 holdings, leading to elevated stock-specific risk
- Significant maximum drawdown of -22.34% and two drawdown events exceeding 10%, indicating high volatility
Generated on 30-08-2026, 3:01 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 | ₹13.23 L | 20.6% | -28.9% | 75.6% |
| 3 Years | ₹36.00 L | ₹47.01 L | 19.1% | 15.9% | 22.2% |
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 | 20.6% | 14.4% | 14.1% | +6.2% |
| 3 Years | 19.1% | 11.1% | 16.8% | +8.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 20.8% | 19.5% | -12.8% | 72.4% | 0.73 | 3.16 | 87% | — | — |
| 3 Years | 26.6% | 27.1% | 23.4% | 28.8% | 12.40 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +19.04 | 1.06 | 104.1% | 79.7% | 15.6% | -2.9% |
| 3 Years | +15.49 | 1.11 | 115.7% | 96.5% | 23.4% | 7.8% |
| 5 Years | +11.05 | 1.10 | 114.1% | 91.3% | 16.1% | 5.2% |
| 7 Years | +7.86 | 1.10 | 114.1% | 91.3% | 11.3% | 3.7% |
| 10 Years | +5.59 | 1.10 | 114.1% | 91.3% | 7.8% | 2.5% |
| 12 Years | +4.73 | 1.10 | 114.1% | 91.3% | 6.4% | 2.1% |
| 15 Years | +3.88 | 1.10 | 114.1% | 91.3% | 5.1% | 1.7% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Capri Global Capital Limited | 9.88% |
| 2 | Manappuram Finance Ltd | 9.48% |
| 3 | IDBI Bank Limited | 9.45% |
| 4 | ICICI Prudential AMC Ltd | 9.03% |
| 5 | LIC Housing Finance Ltd | 8.19% |
| 6 | Piramal Finance Ltd | 8.12% |
| 7 | YES Bank Ltd. | 6.28% |
| 8 | TSF INVESTMENTS LIMITED | 4.34% |
| 9 | SBI Funds Management Limited | 4.05% |
| 10 | ICICI Bank Limited | 3.79% |