Quant Teck Fund
Direct · GrowthAI Summary
Quant Teck Fund has delivered negative SIP XIRR of -4.4% over 1Y and -2.25% over 3Y, sharply underperforming the category average SIP XIRR of 10.72% and 16.31% respectively. On a lump-sum basis, the fund's 3Y CAGR of 4.13% trails the NIFTY 50's 4.9%, with 1Y alpha of 3.128% being the only notable outperformance. Calendar year returns show high volatility, ranging from -15.53% in 2025 to 24.74% in 2024.
The fund has experienced one major drawdown event exceeding 10%, with a maximum drawdown duration of 563 days and no recovery yet recorded, indicating prolonged capital erosion. The 3Y Calmar ratio of 0.0882 is weak, reflecting poor risk-adjusted returns. Beta of roughly 1.03 across horizons shows the fund moves in line with the market, but downside capture above 100% in the 3Y window (103.01%) means it falls slightly more than the benchmark in weak markets.
The portfolio is highly concentrated with only 14 holdings, and the top 10 account for roughly 78% of NAV. IT-Software dominates at 39.0%, followed by Telecom-Services at 21.7%, making the fund heavily dependent on two sectors. Individual positions are large, with Reliance Industries (9.29%), Sonata Software (8.88%), and Bharti Airtel (8.88%) each carrying meaningful single-stock risk.
The fund significantly lags its Sectoral/Thematic peers, with a 3Y SIP XIRR of -2.25% versus the category average of 16.31% — a gap of over 18 percentage points. Consistency is poor, with negative returns in two of the last four calendar years including a steep -15.53% in 2025. The near-zero alpha across longer horizons (0.13% to 0.18% over 5Y to 15Y) suggests little evidence of sustained stock-picking edge.
This fund is suitable only for aggressive investors with high risk tolerance who specifically want concentrated exposure to the technology and telecom themes. A time horizon of at least 7-10 years is advisable given the prolonged drawdown and negative recent returns. Investors should size it as a small satellite allocation rather than a core holding, given its sector concentration and underperformance versus peers.
- Low expense ratio of 0.78% for a Direct plan keeps costs contained
- Positive 1Y alpha of 3.128% versus NIFTY 50, with downside capture of 93.34% in the 1Y window indicating relative resilience in the recent downturn
- Focused exposure to high-growth themes such as IT, telecom infrastructure, and aerospace & defense through names like Aequs and HFCL
- Severe underperformance versus category peers, with 3Y SIP XIRR of -2.25% against a category average of 16.31%
- Extreme concentration with only 14 holdings, 39% in IT-Software, and top positions near 9% each, amplifying single-stock and sector risk
- Unrecovered maximum drawdown lasting 563 days and weak 3Y Calmar ratio of 0.0882 indicate poor risk-adjusted performance
Generated on 13-10-2026, 3:10 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 | ₹11.82 L | -0.8% | -52.0% | 57.8% |
| 3 Years | ₹36.00 L | ₹35.42 L | -1.3% | -5.0% | 2.4% |
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 | -0.8% | 14.3% | 10.7% | -15.0% |
| 3 Years | -1.3% | 11.0% | 16.3% | -12.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | -1.7% | -8.2% | -28.7% | 42.9% | -0.46 | -0.52 | 28% | — | — |
| 3 Years | 3.9% | 3.9% | 2.9% | 5.1% | -4.41 | -0.98 | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +5.80 | 1.01 | 97.3% | 90.5% | -3.9% | -9.5% |
| 3 Years | -0.32 | 1.03 | 102.7% | 102.5% | 5.1% | 5.5% |
| 5 Years | +0.28 | 1.03 | 102.2% | 101.3% | 3.1% | 2.9% |
| 7 Years | +0.24 | 1.03 | 102.2% | 101.3% | 2.2% | 2.1% |
| 10 Years | +0.22 | 1.03 | 102.2% | 101.3% | 1.5% | 1.4% |
| 12 Years | +0.21 | 1.03 | 102.2% | 101.3% | 1.3% | 1.2% |
| 15 Years | +0.20 | 1.03 | 102.2% | 101.3% | 1.0% | 1.0% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Reliance Industries Ltd. | 9.29% |
| 2 | Sonata Software Limited | 8.88% |
| 3 | Bharti Airtel Limited | 8.88% |
| 4 | Aequs Ltd | 8.22% |
| 5 | LTM Ltd. | 8.19% |
| 6 | Black Box Limited | 7.58% |
| 7 | Hexaware Technologies Limited | 7.34% |
| 8 | HCL Technologies Limited | 6.58% |
| 9 | Indus Towers Limited | 6.57% |
| 10 | HFCL Limited | 6.28% |