Quant Flexi Cap Fund
Direct · GrowthAI Summary
Quant Flexi Cap Fund has delivered strong SIP XIRR across all horizons, with 21.71% over 3Y and 22.54% over 10Y, consistently outpacing the category averages of 14.89% and 16.09% respectively. Against the NIFTY 50, the fund shows substantial alpha of 20.14% over 1Y and 9.90% over 3Y, with lump-sum CAGRs of 17.71% (3Y) versus the benchmark's 7.75%. Long-term lump-sum performance is also robust, with a 15Y CAGR of 16.86% versus the benchmark's 9.73%.
The fund's maximum drawdown of -0.41% with a 140-day recovery appears unusually mild, though 8 drawdown events exceeding 10% indicate meaningful interim volatility over its history. Beta has ranged from 1.05 (3Y) down to 0.86 (7Y-15Y), and downside capture of 79-99% across periods shows the fund has historically lost less than the benchmark in falling markets. Calmar ratios of roughly 0.50-0.61 across horizons reflect solid risk-adjusted returns relative to peak-to-trough losses.
The portfolio is concentrated with only 25 holdings, and the top 10 account for roughly 63.6% of NAV, led by Samvardhana Motherson (8.53%) and Adani Enterprises (8.40%). Adani group exposure is significant, with Adani Enterprises, Adani Power, Adani Energy Solutions, and Adani Green Energy together representing about 24.75% of NAV, a notable single-group concentration risk. Power is the dominant sector at 19.4%, followed by Auto Components (8.5%) and Metals & Minerals Trading (8.4%).
The fund clearly leads its Flexi Cap category, beating the category average SIP XIRR by roughly 6-7 percentage points at every horizon from 1Y to 12Y. Calendar year returns show strong consistency in up-markets, including 57.25% in 2021 and 30.24% in 2023, though negative years in 2018 (-9.51%) and 2013 (-10.22%) reveal sensitivity to broader downturns. Its 1Y XIRR of 27.03% versus the category's 15.6% underscores current outperformance.
This fund suits investors with high risk tolerance who can accept concentrated bets, including substantial Adani group and power sector exposure, in exchange for category-leading returns. A minimum horizon of 5-7 years is advisable to ride out volatility and drawdown events, as demonstrated by the 804-day maximum drawdown duration. It works well as a satellite aggressive allocation rather than a core conservative holding.
- SIP XIRR of 21.71% (3Y) and 22.54% (10Y) far exceeds category averages of 14.89% and 16.09%
- Consistent alpha versus NIFTY 50 across all periods, including 9.90% over 3Y and 9.49% over 10Y
- Downside capture below 100% in most periods (e.g., 79.82% over 1Y and 81.52% over 7Y) with strong upside capture of 105-111% in recent periods
- Heavy Adani group concentration of roughly 24.75% of NAV across four holdings creates significant single-group risk
- Only 25 total holdings with the top 10 at about 63.6% of NAV and Power sector at 19.4% indicate a concentrated, high-volatility portfolio
Generated on 02-09-2026, 2:50 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 | ₹12.89 L | 27.0% | -56.2% | 175.5% |
| 3 Years | ₹36.00 L | ₹48.55 L | 21.7% | -25.6% | 58.8% |
| 5 Years | ₹60.00 L | ₹1.04 Cr | 21.6% | -10.1% | 40.8% |
| 7 Years | ₹84.00 L | ₹1.93 Cr | 22.5% | -0.8% | 33.0% |
| 10 Years | ₹1.20 Cr | ₹3.77 Cr | 22.5% | 18.1% | 27.1% |
| 12 Years | ₹1.44 Cr | ₹5.46 Cr | 20.9% | 17.8% | 23.7% |
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 | 27.0% | 14.4% | 15.6% | +12.6% |
| 3 Years | 21.7% | 11.1% | 14.9% | +10.6% |
| 5 Years | 21.6% | 10.4% | 15.6% | +11.2% |
| 7 Years | 22.5% | 10.6% | 15.6% | +11.9% |
| 10 Years | 22.5% | 11.5% | 16.1% | +11.1% |
| 12 Years | 20.9% | 11.4% | 15.4% | +9.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 25.0% | 14.3% | -34.4% | 145.5% | 0.58 | 2.58 | 78% | — | — |
| 3 Years | 21.8% | 19.5% | -8.5% | 53.2% | 1.41 | 8.76 | 97% | — | — |
| 5 Years | 21.5% | 21.4% | 0.2% | 42.0% | 1.87 | 35.99 | 100% | — | — |
| 10 Years | 21.3% | 20.5% | 17.8% | 26.7% | 7.13 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +20.14 | 1.01 | 105.2% | 79.8% | 17.2% | -2.9% |
| 3 Years | +9.90 | 1.05 | 110.7% | 98.6% | 17.7% | 7.8% |
| 5 Years | +8.60 | 1.04 | 106.3% | 96.3% | 16.5% | 7.8% |
| 7 Years | +15.16 | 0.86 | 96.4% | 81.5% | 26.2% | 11.8% |
| 10 Years | +9.48 | 0.86 | 94.3% | 83.3% | 19.7% | 10.8% |
| 12 Years | +9.26 | 0.86 | 92.5% | 81.5% | 18.6% | 9.8% |
| 15 Years | +7.55 | 0.87 | 93.7% | 83.8% | 16.9% | 9.7% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Samvardhana Motherson International Ltd | 8.53% |
| 2 | Adani Enterprises Limited | 8.40% |
| 3 | Adani Power Limited | 8.35% |
| 4 | Aurobindo Pharma Limited | 6.54% |
| 5 | ICICI Bank Limited | 6.37% |
| 6 | ICICI Prudential AMC Ltd | 5.78% |
| 7 | Adani Energy Solutions Limited | 4.00% |
| 8 | Adani Green Energy Limited | 4.00% |
| 9 | Bharti Airtel Limited | 3.13% |
| 10 | Tata Power Company Limited | 3.08% |