Quant Focused Fund
Direct · GrowthAI Summary
Quant Focused Fund has delivered strong SIP XIRR across horizons, with 17.75% over 3Y and 17.86% over 10Y, consistently beating the category average SIP XIRR (16.4% and 15.79% respectively). Against the NIFTY 50, the fund shows positive alpha at every window, including 16.31% over 1Y and 7.31% over 3Y, with lump-sum CAGRs of 15.13% (3Y) versus the benchmark's 7.75%. Long-term lump-sum performance is also solid, with a 15Y CAGR of 15.19% versus 9.73% for the NIFTY 50.
The fund's beta has declined from 1.14 (1Y) to 0.85 (15Y), and downside capture has improved markedly from 96.87% (1Y) to 80.46% (15Y), indicating better downside protection over longer periods. The Calmar ratio remains healthy across horizons (0.46-0.57), and the fund has experienced 7 drawdown events exceeding 10%, with a lengthy 798-day maximum drawdown duration but a relatively quick 157-day recovery. Overall, risk-adjusted returns are attractive, though recent-period beta above 1 suggests elevated sensitivity to market swings in the short term.
With only 13 holdings, the portfolio is highly concentrated, as expected for a focused fund, with the top 10 positions accounting for roughly 63% of NAV. Adani group companies (Adani Enterprises, Adani Green Energy, and Adani Energy Solutions) together represent about 22.2% of NAV, creating significant single-group exposure, while Capri Global Capital is the largest single holding at 9.84%. Sector concentration is moderate, led by Power at 13.4%, followed by IT-Software at 10.4% and Finance at 9.8%.
The fund outperforms the focused-fund category average SIP XIRR at every measured horizon, with the widest gaps over 5Y (17.14% vs 15.29%) and 10Y (17.86% vs 15.79%). Calendar year returns show strong consistency in up-markets, including 37.76% in 2021 and 29.92% in 2023, though 2025's 2.51% and 2018's -7.12% highlight periodic underperformance. This track record places the fund in the upper tier of its category over long horizons.
This fund suits investors with high risk tolerance who are comfortable with a concentrated 13-stock portfolio and meaningful Adani group exposure. A time horizon of at least 5-7 years is advisable, as the fund's downside capture and alpha advantages are most pronounced over longer windows. It works well as a satellite or aggressive core holding for investors seeking benchmark-beating returns who can tolerate interim drawdowns.
- Consistent alpha over the NIFTY 50 across all windows, including 16.31% over 1Y and 6.94% over 12Y
- SIP XIRR beats the category average at every horizon, e.g., 17.75% vs 16.4% over 3Y
- Strong long-term downside capture of 80.46% (15Y) with beta of 0.85, indicating resilience in falling markets
- Heavy Adani group concentration of roughly 22.2% of NAV across three holdings creates single-group risk
- Only 13 total holdings means high single-stock concentration, with Capri Global Capital alone at 9.84%
- Recent 1Y beta of 1.14 and downside capture of 96.87% indicate heightened market sensitivity in the short term
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 | ₹12.84 L | 21.6% | -56.0% | 94.6% |
| 3 Years | ₹36.00 L | ₹46.12 L | 17.7% | -22.6% | 40.4% |
| 5 Years | ₹60.00 L | ₹93.24 L | 17.1% | -9.5% | 32.3% |
| 7 Years | ₹84.00 L | ₹1.58 Cr | 17.4% | 0.2% | 26.2% |
| 10 Years | ₹1.20 Cr | ₹2.96 Cr | 17.9% | 12.7% | 21.8% |
| 12 Years | ₹1.44 Cr | ₹4.24 Cr | 16.9% | 13.2% | 19.8% |
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 | 21.6% | 14.4% | 17.0% | +7.1% |
| 3 Years | 17.7% | 11.1% | 16.4% | +6.6% |
| 5 Years | 17.1% | 10.4% | 15.3% | +6.7% |
| 7 Years | 17.4% | 10.6% | 15.2% | +6.8% |
| 10 Years | 17.9% | 11.5% | 15.8% | +6.4% |
| 12 Years | 16.9% | 11.4% | 15.3% | +5.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 20.6% | 14.0% | -30.3% | 116.5% | 0.59 | 2.48 | 82% | — | — |
| 3 Years | 18.4% | 18.6% | -7.6% | 38.8% | 1.45 | 8.24 | 98% | — | — |
| 5 Years | 17.6% | 16.8% | 0.4% | 32.4% | 1.90 | 23.36 | 100% | — | — |
| 10 Years | 17.8% | 17.4% | 13.9% | 22.6% | 4.72 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +16.31 | 1.14 | 116.1% | 96.9% | 12.1% | -2.9% |
| 3 Years | +7.31 | 1.06 | 109.9% | 101.0% | 15.1% | 7.8% |
| 5 Years | +6.59 | 1.04 | 106.1% | 98.4% | 14.5% | 7.8% |
| 7 Years | +8.25 | 0.90 | 95.8% | 87.3% | 19.5% | 11.8% |
| 10 Years | +5.01 | 0.89 | 91.8% | 85.4% | 15.3% | 10.8% |
| 12 Years | +6.94 | 0.88 | 91.2% | 82.5% | 16.3% | 9.8% |
| 15 Years | +5.95 | 0.85 | 88.7% | 80.5% | 15.2% | 9.7% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Capri Global Capital Limited | 9.84% |
| 2 | Adani Enterprises Limited | 8.79% |
| 3 | Adani Green Energy Limited | 8.79% |
| 4 | Bharat Heavy Electricals Ltd | 6.03% |
| 5 | Kotak Mahindra Bank Limited | 6.01% |
| 6 | Tech Mahindra Limited | 5.34% |
| 7 | ICICI Prudential AMC Ltd | 4.83% |
| 8 | Samvardhana Motherson International Ltd | 4.65% |
| 9 | Adani Energy Solutions Limited | 4.57% |
| 10 | HFCL Limited | 3.91% |