THE WEALTH COMPANY FLEXI Cap Fund
Direct · GrowthAI Summary
The fund has delivered a positive alpha of 8.40% over 1 year and 2.83% over 3 years against the NIFTY 50, with the fund posting a 1Y CAGR of 1.91% versus the benchmark's -6.53%. However, SIP XIRR data is not available, so like-for-like comparison with the category average SIP XIRR of 15.6% (1Y) and 14.89% (3Y) cannot be made. Calendar year returns are modest, with 2.22% in 2025 and -0.41% in 2026 year-to-date.
The fund shows a beta of 0.9971, indicating it moves almost in line with the NIFTY 50, while a downside capture of 87.26% versus upside capture of 99.48% suggests it loses less in down markets while keeping pace in up markets. Maximum drawdown is very shallow at -0.16% with a duration of 83 days, and only one drawdown event exceeding 10% has been recorded. These characteristics point to a defensive risk profile with favorable risk-adjusted behavior relative to the benchmark.
The portfolio holds 44 stocks with the top 10 accounting for roughly 33.8% of NAV, led by ICICI Bank (5.51%) and SBI (3.99%). Sector allocation is well spread, with Banks (14.1%), IT-Software (12.6%), and Capital Markets (9.2%) as the largest exposures, giving meaningful weight to financials overall. Holdings such as TVS Motor, Solar Industries, and Thangamayil Jewellery reflect a flexi-cap approach with mid-cap and thematic diversification.
Direct comparison with flexi-cap peers is limited because the fund's own SIP XIRR and rolling returns are unavailable, and its short NAV history (NAV near ₹10.22) suggests it is a new fund. The positive alpha across all measured periods versus the NIFTY 50 is encouraging, but alpha over longer windows (0.56% over 15Y) is modest. Investors should await a longer track record before benchmarking it against established category peers.
This fund suits investors seeking broad flexi-cap exposure with a defensive tilt, as evidenced by its low downside capture and shallow drawdowns. A time horizon of at least 3-5 years is appropriate for a flexi-cap fund, and the limited track record means it should be a satellite rather than core holding for now. Investors should have moderate risk tolerance, accepting that returns may lag in strong bull phases given the near-100% upside capture.
- Consistent positive alpha versus NIFTY 50 across all measured periods, including 8.40% over 1 year
- Favorable asymmetry with downside capture of 87.26% versus upside capture of 99.48%, cushioning losses in weak markets
- Diversified 44-stock portfolio with a low expense ratio of 0.39% in the direct option
- Very limited track record with NAV near ₹10.22 and no available SIP XIRR or rolling return data, making peer comparison difficult
- Near-100% upside capture means the fund is unlikely to meaningfully outperform in strong bull markets despite its defensive profile
Generated on 05-09-2026, 3:02 AM. Verify before investing.
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.
Not enough data to compute SIP returns.
Not enough data to compute rolling returns.
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +8.40 | 1.00 | 99.5% | 87.3% | 1.9% | -6.5% |
| 3 Years | +2.83 | 1.00 | 99.5% | 87.3% | 0.6% | -2.2% |
| 5 Years | +1.70 | 1.00 | 99.5% | 87.3% | 0.4% | -1.3% |
| 7 Years | +1.21 | 1.00 | 99.5% | 87.3% | 0.3% | -1.0% |
| 10 Years | +0.84 | 1.00 | 99.5% | 87.3% | 0.2% | -0.7% |
| 12 Years | +0.70 | 1.00 | 99.5% | 87.3% | 0.2% | -0.6% |
| 15 Years | +0.56 | 1.00 | 99.5% | 87.3% | 0.1% | -0.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | ICICI Bank Limited | 5.51% |
| 2 | State Bank of India | 3.99% |
| 3 | Tata Consultancy Services Limited | 3.36% |
| 4 | TVS Motor Company Limited | 3.25% |
| 5 | Multi Commodity Exchange of India Ltd. | 3.10% |
| 6 | HDFC Asset Management Company Limited | 3.07% |
| 7 | Thangamayil Jewellery Limited | 2.94% |
| 8 | Adani Enterprises Limited | 2.92% |
| 9 | Solar Industries India Limited | 2.82% |
| 10 | Bajaj Finance Limited | 2.81% |