UNIFI FLEXI Cap Fund
Direct · GrowthAI Summary
UNIFI FLEXI Cap Fund has delivered positive absolute returns while the NIFTY 50 benchmark declined across all measured periods, generating 1Y alpha of 12.66% with a Fund CAGR of 4.55% versus -9.19% for the benchmark. However, its 1Y SIP XIRR of 8.09% trails the category average of 9.6%, and the fund's lump-sum CAGR of 1.1% over 5Y remains modest despite outperforming the benchmark's -1.74%. The consistent positive alpha across 3Y to 15Y windows indicates genuine benchmark-beating skill, though absolute returns are low.
The fund exhibits strong downside protection with a Downside Capture of 81.06% versus an Upside Capture of 97.92% over 1Y, and Beta of roughly 0.93 indicating slightly lower volatility than the market. Drawdown characteristics are benign, with only 1 drawdown event exceeding 10%, a maximum drawdown of just -0.13%, and a recovery period of 79 days out of an 88-day drawdown duration. The 1Y Calmar Ratio of 0.39 reflects moderate risk-adjusted efficiency, driven more by loss avoidance than strong return generation.
Detailed holdings and sector allocation data were not provided in this dataset, so concentration and diversification cannot be assessed from the numbers alone. The fund's Flexi Cap mandate permits dynamic allocation across large, mid, and small caps, and its sub-1 Beta and low downside capture suggest a defensive tilt in positioning. Investors should review the latest factsheet for top holdings and sector exposure before drawing conclusions on diversification.
The fund lags category peers on SIP returns, with a 1Y XIRR of 8.09% versus the category average of 9.6%, and no multi-year category comparisons are available for the fund's own XIRR. Its strength lies in consistency of benchmark outperformance, with positive alpha across every window from 1Y (12.66%) through 15Y (0.34%), though alpha narrows over longer horizons. This suggests reliable but modest relative performance rather than category-leading returns.
This fund suits conservative equity investors who prioritize capital protection and steady benchmark outperformance over aggressive growth, given its low downside capture and minimal drawdown history. A long-term horizon of 5-7 years or more is appropriate, as absolute returns remain modest in the short term and the fund's edge is defensive in nature. Investors seeking category-average SIP returns of 14-16% over longer periods may find this fund underwhelming and should compare alternatives.
- Consistent positive alpha versus NIFTY 50 across all periods, including 12.66% over 1Y
- Strong downside protection with Downside Capture of 81.06% versus Upside Capture of 97.92%
- Excellent drawdown control with only 1 event above 10% and a maximum drawdown of just -0.13%
- 1Y SIP XIRR of 8.09% trails the category average of 9.6%, indicating below-peer SIP returns
- Very low absolute lump-sum returns over long horizons, with 5Y Fund CAGR of only 1.1%
Generated on 20-10-2026, 3:11 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 | ₹12.46 L | 7.5% | -3.4% | 14.9% |
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 | 7.5% | 14.3% | 9.6% | -6.7% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 5.1% | 4.7% | -0.7% | 9.8% | -0.59 | -0.55 | 98% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +13.42 | 0.93 | 98.7% | 80.4% | 3.2% | -11.4% |
| 3 Years | +4.23 | 0.91 | 95.2% | 80.8% | 2.0% | -3.0% |
| 5 Years | +2.32 | 0.91 | 95.2% | 80.8% | 1.2% | -1.8% |
| 7 Years | +1.49 | 0.91 | 95.2% | 80.8% | 0.9% | -1.3% |
| 10 Years | +0.88 | 0.91 | 95.2% | 80.8% | 0.6% | -0.9% |
| 12 Years | +0.64 | 0.91 | 95.2% | 80.8% | 0.5% | -0.8% |
| 15 Years | +0.39 | 0.91 | 95.2% | 80.8% | 0.4% | -0.6% |