Quant Value Fund
Direct · GrowthAI Summary
Quant Value Fund has delivered strong SIP returns of 21.05% over 1Y and 18.06% over 3Y, beating the category average SIP XIRR of 11.6% and 16.95% respectively. Against the NIFTY50 Value 20 benchmark, the fund shows substantial alpha of 16.61% over 1Y and 15.88% over 3Y, with a 3Y fund CAGR of 19.78% versus the benchmark's 3.84%. Long-term lump-sum performance also remains ahead of the benchmark across 5Y to 15Y windows, though alpha narrows over longer horizons.
The fund has experienced 6 drawdown events exceeding 10%, with a long recovery period of 428 days from its maximum drawdown, indicating meaningful downside episodes typical of a concentrated value strategy. However, downside capture of 71.53% over 1Y and 81.65% over 3Y versus near-100% upside capture suggests favorable asymmetry. Calmar ratios near 1.0 at both 1Y (1.02) and 3Y (0.99) indicate reasonable risk-adjusted returns.
The portfolio is concentrated with only 23 holdings, and the top 10 account for roughly 61.8% of NAV, led by Adani Enterprises (9.32%), Piramal Finance (9.13%), and Adani Green Energy (8.18%). Adani group companies alone represent about 24.6% of the portfolio, creating significant single-group exposure. Sector concentration is also high, with Power (17.6%), Finance (14.2%), and Telecom Services (13.8%) dominating the book.
The fund outperforms the value category on SIP XIRR at both the 1Y (21.05% vs 11.6%) and 3Y (18.06% vs 16.95%) horizons. Calendar year returns show uneven consistency, ranging from 36.93% in 2023 to just 0.75% in 2025 and 1.16% in 2021, reflecting the cyclical nature of value investing. The strong alpha across multiple time windows suggests sustained benchmark outperformance despite this volatility.
This fund suits investors with high risk tolerance who can withstand concentrated bets, including substantial Adani group exposure, and multi-year drawdown recovery periods. A time horizon of at least 5-7 years is appropriate given the 428-day drawdown recovery and uneven calendar-year performance. It works well as a satellite value allocation rather than a core holding for conservative investors.
- SIP XIRR of 21.05% (1Y) and 18.06% (3Y) comfortably beats category averages of 11.6% and 16.95%
- Strong alpha versus NIFTY50 Value 20 across all periods, with 3Y alpha of 15.88% and favorable downside capture of 81.65%
- Low expense ratio of 0.45% for a Direct Growth option
- Heavy concentration in Adani group stocks (~24.6% of NAV) creates single-group risk
- Only 23 holdings with top 10 at ~61.8% of NAV, plus 6 drawdown events above 10% and a 428-day recovery period
Generated on 31-10-2026, 2:16 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 | ₹13.02 L | 26.4% | -33.7% | 117.1% |
| 3 Years | ₹36.00 L | ₹46.08 L | 18.4% | 3.2% | 37.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY50 VALUE 20 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 26.4% | 14.9% | 11.6% | +11.5% |
| 3 Years | 18.4% | 12.9% | 16.9% | +5.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 24.5% | 17.7% | -14.0% | 84.0% | 0.66 | 3.01 | 81% | — | — |
| 3 Years | 23.8% | 23.3% | 17.6% | 32.3% | 5.59 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +16.61 | 0.92 | 95.6% | 71.5% | 4.6% | -13.7% |
| 3 Years | +15.88 | 0.98 | 101.9% | 81.7% | 19.8% | 3.8% |
| 5 Years | +12.21 | 0.97 | 99.5% | 84.1% | 17.2% | 5.0% |
| 7 Years | +8.40 | 0.97 | 99.5% | 84.1% | 12.0% | 3.5% |
| 10 Years | +5.69 | 0.97 | 99.5% | 84.1% | 8.3% | 2.5% |
| 12 Years | +4.67 | 0.97 | 99.5% | 84.1% | 6.8% | 2.0% |
| 15 Years | +3.67 | 0.97 | 99.5% | 84.1% | 5.5% | 1.6% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Adani Enterprises Limited | 9.32% |
| 2 | Piramal Finance Ltd | 9.13% |
| 3 | Adani Green Energy Limited | 8.18% |
| 4 | Indus Towers Limited | 7.31% |
| 5 | Adani Power Limited | 7.13% |
| 6 | HFCL Limited | 6.52% |
| 7 | Bharat Heavy Electricals Ltd | 4.68% |
| 8 | Aurobindo Pharma Limited | 4.32% |
| 9 | Nippon Life India Asset Management Ltd | 2.76% |
| 10 | Manappuram Finance Ltd | 2.41% |