Quant Multi Cap Fund
Direct · GrowthAI Summary
Quant Multi Cap Fund has delivered strong SIP XIRR across horizons, with 20.36% over 3Y and 21.58% over 10Y, outperforming the category average SIP XIRR of 16.01% and 18.09% respectively. Against the NIFTY 50, the fund shows consistent alpha, including 11.96% over 1Y and 8.04% over 12Y, with lump-sum CAGRs well ahead of the benchmark across all periods. Calendar year returns also show strong upside years such as 67.32% in 2014 and 57.49% in 2021.
The fund's beta has generally stayed below 1 over longer horizons (0.88 over 7Y and 10Y), with downside capture of 82.74% over 12Y, indicating it has historically fallen less than the benchmark in declines. However, the fund has experienced 10 drawdown events greater than 10%, and the maximum drawdown took 122 days to recover over a 144-day duration, reflecting meaningful interim volatility. Calmar ratios in the 0.56-0.64 range suggest reasonable risk-adjusted returns relative to peak-to-trough losses.
The portfolio holds 46 stocks, with Aurobindo Pharma as the largest position at 8.72% of NAV, followed by ICICI Bank at 5.33%. Adani group companies (Adani Power, Adani Enterprises, and Adani Green Energy) together account for roughly 13.9% of NAV, creating notable single-group concentration. Sector exposure is fairly spread, led by Power at 11.4% and Pharmaceuticals at 11.0%, with Banks at 6.4%.
The fund beats the category average SIP XIRR at every measured horizon, with the widest gaps over 1Y (24.53% vs 15.06%) and 3Y (20.36% vs 16.01%). Rolling returns of 20.41% to 23.28% across 1Y to 12Y windows demonstrate strong consistency for lump-sum investors as well. This sustained outperformance across both SIP and rolling return measures places it among the stronger multi cap peers.
This fund suits investors seeking diversified multi cap exposure with a long-term horizon of at least 5-7 years, given its history of strong long-horizon returns alongside periodic double-digit drawdowns. It is appropriate for investors with moderate-to-high risk tolerance who can tolerate interim volatility of 10% or more. SIP investors in particular have benefited from its consistent outperformance versus both category and benchmark.
- Consistent outperformance versus category average SIP XIRR across all horizons from 1Y to 12Y
- Strong alpha versus NIFTY 50, including 11.96% over 1Y and 8.04% over 12Y, with downside capture below 100% over longer periods
- Diversified 46-stock portfolio with no single stock above 8.72% of NAV
- High concentration in Adani group companies at roughly 13.9% of NAV, exposing investors to group-specific risk
- Ten drawdown events exceeding 10% indicate the fund can experience significant interim losses despite strong long-term returns
Generated on 06-09-2026, 7:55 PM. 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 | ₹12.86 L | 24.5% | -55.7% | 121.4% |
| 3 Years | ₹36.00 L | ₹46.22 L | 20.4% | -20.8% | 58.9% |
| 5 Years | ₹60.00 L | ₹99.05 L | 21.0% | -7.7% | 37.2% |
| 7 Years | ₹84.00 L | ₹1.87 Cr | 22.0% | 0.9% | 31.4% |
| 10 Years | ₹1.20 Cr | ₹3.64 Cr | 21.6% | 15.9% | 26.1% |
| 12 Years | ₹1.44 Cr | ₹5.00 Cr | 19.4% | 15.9% | 23.1% |
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 | 24.5% | 14.4% | 15.1% | +10.2% |
| 3 Years | 20.4% | 11.1% | 16.0% | +9.3% |
| 5 Years | 21.0% | 10.4% | 17.8% | +10.6% |
| 7 Years | 22.0% | 10.6% | 18.1% | +11.5% |
| 10 Years | 21.6% | 11.5% | 18.1% | +10.1% |
| 12 Years | 19.4% | 11.4% | 17.3% | +8.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 23.3% | 14.6% | -30.6% | 148.0% | 0.58 | 2.72 | 82% | — | — |
| 3 Years | 21.0% | 17.8% | -4.5% | 50.8% | 1.43 | 16.57 | 99% | — | — |
| 5 Years | 21.3% | 22.3% | 0.7% | 38.3% | 2.09 | 35.71 | 100% | — | — |
| 10 Years | 20.6% | 20.3% | 16.6% | 25.6% | 5.62 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +11.96 | 0.93 | 96.9% | 80.6% | 9.7% | -2.9% |
| 3 Years | +4.08 | 1.03 | 105.4% | 100.0% | 11.9% | 7.8% |
| 5 Years | +5.38 | 1.04 | 104.4% | 97.7% | 13.3% | 7.8% |
| 7 Years | +11.54 | 0.88 | 96.7% | 85.0% | 22.7% | 11.8% |
| 10 Years | +7.84 | 0.89 | 94.7% | 85.4% | 18.1% | 10.8% |
| 12 Years | +8.04 | 0.88 | 92.5% | 82.7% | 17.4% | 9.8% |
| 15 Years | +7.20 | 0.86 | 91.0% | 81.4% | 16.5% | 9.7% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Aurobindo Pharma Limited | 9.46% |
| 2 | ICICI Bank Limited | 5.39% |
| 3 | Adani Power Limited | 4.83% |
| 4 | Adani Enterprises Limited | 4.43% |
| 5 | JSW Infrastructure Limited | 3.88% |
| 6 | Samvardhana Motherson International Ltd | 3.86% |
| 7 | Adani Green Energy Limited | 3.57% |
| 8 | LG Electronics India Limited | 2.95% |
| 9 | Swan Corp Limited | 2.48% |
| 10 | IRB Infrastructure Developers Limited | 2.26% |