Samco Large Cap Fund
Direct · GrowthAI Summary
Samco Large Cap Fund has underperformed significantly, with a 1Y SIP XIRR of -7.35% versus the category average of 7.77%, a gap of roughly 15 percentage points. Against the NIFTY 50, the fund has posted negative alpha across all periods, with 1Y alpha of -9.30% and 3Y alpha of -7.66%. Its lump-sum CAGR trails the benchmark over every window, including -4.40% versus -0.40% over 3 years.
The fund's low beta of 0.49 and downside capture of 60.43% suggest it has fallen less than the benchmark in declining markets, but upside capture of only 53.88% means it also participates far less in rallies, producing persistent negative alpha. The maximum drawdown of -16.50% has not yet recovered after 464 days, and the 1Y Calmar ratio of -0.41 reflects poor risk-adjusted returns. Only one drawdown event exceeding 10% has occurred, indicating contained but prolonged downside.
The portfolio holds 27 stocks with a well-spread top 10, led by Eicher Motors (4.81%), Hindalco (4.35%), and TVS Motor (4.28%), with no single position above 5%. Sector exposure is diversified across Banks (13.2%), Automobiles (9.1%), and metals (Non-Ferrous 7.5%, Ferrous 7.0%, Diversified 4.1%), giving meaningful cyclical and metals weighting. The low expense ratio of 0.74% for the direct plan is competitive for the large cap category.
The fund lags its category badly, with a 1Y XIRR of -7.35% against a category average of 7.77%, and its negative alpha across 1Y to 15Y windows indicates consistent underperformance rather than a short-term dip. Calendar year returns of -9.81% in 2026 and -4.60% in 2025 show two consecutive negative years. Its defensive tilt has not translated into superior risk-adjusted outcomes relative to peers.
This fund is suitable only for patient investors with a horizon of 7 years or more and high tolerance for extended drawdown periods, given the unrecovered 464-day max drawdown. Investors seeking large cap exposure that reliably tracks or beats the NIFTY 50 may find index funds or better-performing active peers more appropriate. Those already invested should monitor whether the persistent negative alpha reverses before adding further capital.
- Low expense ratio of 0.74% for a direct large cap plan
- Diversified portfolio of 27 stocks with no holding above 4.81% of NAV
- Low beta of 0.49 and downside capture of 60.43%, cushioning losses in weak markets
- Persistent negative alpha across all time windows, with 1Y alpha of -9.30% and 3Y alpha of -7.66% versus the NIFTY 50
- 1Y SIP XIRR of -7.35% trails the category average of 7.77% by roughly 15 percentage points
- Maximum drawdown of -16.50% remains unrecovered after 464 days, with a negative 1Y Calmar ratio of -0.41
Generated on 21-10-2026, 3:03 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 | ₹11.64 L | -7.3% | -15.7% | 1.6% |
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 | -7.3% | 14.3% | 7.8% | -21.6% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | -6.8% | -6.4% | -11.3% | -2.7% | -6.68 | -0.99 | 0% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -9.30 | 0.49 | 53.9% | 60.4% | -11.7% | -11.4% |
| 3 Years | -7.66 | 0.47 | 52.4% | 63.2% | -4.4% | -0.4% |
| 5 Years | -6.00 | 0.47 | 52.4% | 63.2% | -2.7% | -0.2% |
| 7 Years | -5.28 | 0.47 | 52.4% | 63.2% | -1.9% | -0.2% |
| 10 Years | -4.73 | 0.47 | 52.4% | 63.2% | -1.3% | -0.1% |
| 12 Years | -4.52 | 0.47 | 52.4% | 63.2% | -1.1% | -0.1% |
| 15 Years | -4.31 | 0.47 | 52.4% | 63.2% | -0.9% | -0.1% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Eicher Motors Limited | 4.81% |
| 2 | Hindalco Industries Limited | 4.35% |
| 3 | TVS Motor Company Limited | 4.28% |
| 4 | Vedanta Limited | 4.07% |
| 5 | Torrent Pharmaceuticals Limited | 3.58% |
| 6 | Titan Company Limited | 3.58% |
| 7 | SBI Life Insurance Company Limited | 3.52% |
| 8 | Samvardhana Motherson International Limited | 3.42% |
| 9 | Shriram Finance Limited | 3.34% |
| 10 | Hindustan Zinc Limited | 3.13% |