HealthyDirect · GrowthFit for a long SIP
quant Equity Savings Fund
quant Mutual FundHybrid Scheme - Equity Savings1.3 years
The scheme seeks to generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments. There is no assurance that the investment objective of the scheme will be achieved.
- NAV
- 10.9125
- 30 Oct 2026
- 1Y
- +6.3%
- Trailing CAGR
- AUM
- ₹59.84 Cr
- 30 Sept 2026
- Volatility
- Low
- 6.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 100% of rolling 1-year windows.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Fail
1.3 years - thin for judging consistency.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Watch
1.99% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -5.0%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Sameer Kate · 1.3 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 109.8% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 5%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.3%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+7.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+9.2%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +7.2%
- Calendar-day CAGR
- Excess 1Y
- +5.1%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -5.0%
- Worst peak-to-trough
- Current
- -2.1%
- Below last peak
- Current spell
- 51 days
- Days below latest peak
- Time below peak
- +81%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 27 recovered episodes
- Longest recovery
- 64 days
- Trough to prior peak
23 Feb 2026 – 17 Apr 2026
Trough 23 Mar 2026 · recovered in 25 days
-5.0%
8 Sept 2026 – open
Trough 23 Oct 2026 · not recovered
-3.9%
16 Jul 2026 – 1 Sept 2026
Trough 28 Jul 2026 · recovered in 35 days
-2.3%
30 Oct 2025 – 10 Feb 2026
Trough 8 Dec 2025 · recovered in 64 days
-1.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
36
Vs category
82
Consistency
100
Risk-adjusted
36
Drawdown
88
Mean
68
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 100% of rolling 1-year windows.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 24 holdings · top 10 are 109.8%.
- Top 5
- 86.6%
- Top 10
- 109.8%
- Largest holding
- 42.7%
- Effective holdings
- 3.9
Cash Margin
Unspecified
42.7%
Repo
Unspecified
15.9%
Quant Liquid Direct Fund-Growth
Unspecified
10.8%
Indus Towers Ltd
Technology
9.2%
Bandhan Bank Ltd
Financial
8.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Equity Savings Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.8%
- 3Y
- n/a
- Vol
- 2.4%
- Max DD
- -1.6%
- Sharpe
- -0.80
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
BANDHAN EQUITY SAVINGS FUND
Bandhan Mutual Fund
- 1Y
- +3.5%
- 3Y
- +7.2%
- Vol
- 4.6%
- Max DD
- -17.3%
- Sharpe
- 0.31
- 3Y win
- +7%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
DSP Equity Savings Fund
DSP Mutual Fund
- 1Y
- +0.4%
- 3Y
- +8.3%
- Vol
- 5.7%
- Max DD
- -18.9%
- Sharpe
- 0.53
- 3Y win
- +73%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Edelweiss Equity Savings Fund
Edelweiss Mutual Fund
- 1Y
- +5.4%
- 3Y
- +10.9%
- Vol
- 4.8%
- Max DD
- -9.5%
- Sharpe
- 0.89
- 3Y win
- +94%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Franklin India Equity Savings Fund
Franklin Templeton Mutual Fund
- 1Y
- +2.6%
- 3Y
- +7.3%
- Vol
- 5.8%
- Max DD
- -16.7%
- Sharpe
- 0.36
- 3Y win
- +29%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown