Quantum Value Fund
Direct · GrowthAI Summary
Quantum Value Fund has delivered a 3Y SIP XIRR of 15.35% and 5Y XIRR of 14.23%, though these trail the category averages of 17.43% and 16.74% respectively. Against its benchmark (NIFTY50 VALUE 20), the fund shows positive alpha over 1Y (1.05%), 3Y (5.57%), and 5Y (3.89%) periods, with 3Y fund CAGR of 11.66% versus the benchmark's 6.01%. However, the 10Y alpha is negative at -0.47%, indicating benchmark outperformance has not been consistent across all long-term windows.
The fund exhibits a defensive risk profile with beta below 1 across all periods (0.80-0.94) and downside capture consistently below 80% over longer horizons, meaning it loses less than the benchmark in falling markets. It has experienced 11 drawdown events exceeding 10%, with the maximum drawdown lasting 323 days and taking 328 days to recover. Calmar ratios of roughly 0.25-0.30 across horizons reflect moderate risk-adjusted efficiency rather than exceptional downside protection.
The portfolio is concentrated in 32 holdings, with Banks (23.1%) and IT-Software (15.1%) as the dominant sectors, followed by Insurance (11.4%). The top 10 holdings account for roughly 41.5% of NAV, led by HDFC Bank (6.15%) and ICICI Bank (5.35%), giving the fund a meaningful tilt toward large-cap financials and IT. This focused structure offers conviction-driven positioning but carries sector concentration risk, particularly to banking and technology cycles.
The fund's SIP XIRR lags category averages across most horizons — for example, 10Y XIRR of 13.29% versus the category's 16.65% — a gap of over 3 percentage points, though the 15Y XIRR of 13.62% exactly matches the category average. Long-term lump-sum rolling returns of 13.3-13.7% over 10-15Y windows demonstrate steady compounding ability. The fund's consistency is better judged against its benchmark, where it beats the NIFTY50 VALUE 20 over 1Y, 3Y, 5Y, 7Y, 12Y, and 15Y periods.
This fund suits patient investors with a 7-10 year or longer horizon who value a defensive, low-beta value approach and can tolerate periods of category underperformance. Its strong downside capture characteristics make it appropriate for moderate-risk investors seeking steadier returns rather than aggressive outperformance. Investors should be comfortable with the fund's history of deep drawdowns, including a -47.11% calendar year return in 2008.
- Consistent positive alpha versus the NIFTY50 VALUE 20 benchmark in 6 of 7 measured periods, including 5.57% alpha over 3Y
- Strong downside protection with downside capture below 80% across all long-term horizons (75.45% over 15Y)
- Low beta (0.80-0.94) and diversified 32-stock portfolio providing defensive, conviction-driven value exposure
- SIP XIRR trails category averages across nearly all horizons, with the 10Y gap exceeding 3 percentage points (13.29% vs 16.65%)
- Heavy sector concentration in Banks (23.1%) and IT-Software (15.1%) exposes investors to financial and technology cycle risks
Generated on 04-09-2026, 2:53 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 | ₹12.65 L | 17.4% | -67.4% | 151.7% |
| 3 Years | ₹36.00 L | ₹44.77 L | 15.4% | -26.5% | 41.6% |
| 5 Years | ₹60.00 L | ₹85.65 L | 14.2% | -12.5% | 27.3% |
| 7 Years | ₹84.00 L | ₹1.37 Cr | 13.9% | -4.7% | 21.2% |
| 10 Years | ₹1.20 Cr | ₹2.43 Cr | 13.3% | 1.3% | 17.6% |
| 12 Years | ₹1.44 Cr | ₹3.27 Cr | 12.9% | 4.8% | 16.7% |
| 15 Years | ₹1.80 Cr | ₹5.42 Cr | 13.6% | 11.7% | 15.8% |
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 | 17.4% | 15.2% | 17.7% | +2.1% |
| 3 Years | 15.4% | 13.1% | 17.4% | +2.2% |
| 5 Years | 14.2% | 13.7% | 16.7% | +0.5% |
| 7 Years | 13.9% | 13.4% | 16.1% | +0.5% |
| 10 Years | 13.3% | 13.7% | 16.6% | -0.4% |
| 12 Years | 12.9% | 14.2% | 16.4% | -1.3% |
| 15 Years | 13.6% | 13.9% | 13.6% | -0.3% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 16.3% | 11.6% | -49.4% | 128.8% | 0.39 | 0.94 | 79% | — | — |
| 3 Years | 14.5% | 14.8% | -10.7% | 40.4% | 1.12 | 3.57 | 96% | — | — |
| 5 Years | 13.8% | 13.4% | -2.2% | 29.2% | 1.45 | 9.00 | 100% | — | — |
| 10 Years | 13.4% | 13.4% | 6.2% | 21.1% | 2.93 | 811.74 | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +1.05 | 0.94 | 90.9% | 88.9% | -3.8% | -5.5% |
| 3 Years | +5.57 | 0.83 | 86.9% | 78.6% | 11.7% | 6.0% |
| 5 Years | +3.89 | 0.82 | 84.7% | 78.8% | 10.5% | 6.7% |
| 7 Years | +1.72 | 0.87 | 84.8% | 81.5% | 13.4% | 12.5% |
| 10 Years | -0.47 | 0.84 | 81.2% | 79.7% | 10.8% | 12.1% |
| 12 Years | +1.50 | 0.82 | 80.2% | 76.7% | 11.1% | 10.2% |
| 15 Years | +2.10 | 0.80 | 79.4% | 75.5% | 13.0% | 12.0% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Ltd | 6.15% |
| 2 | ICICI Bank Ltd | 5.35% |
| 3 | Tata Consultancy Services Ltd | 4.67% |
| 4 | Infosys Ltd | 4.30% |
| 5 | Kotak Mahindra Bank Ltd | 3.90% |
| 6 | Exide Industries Ltd | 3.82% |
| 7 | Tech Mahindra Ltd | 3.51% |
| 8 | Container Corporation of India Ltd | 3.36% |
| 9 | Crompton Greaves Consumer Electricals Ltd | 3.34% |
| 10 | ICICI Prudential Life Insurance Company Ltd | 3.31% |