HealthyDirect · GrowthFit for a long SIP
quant Large Cap Fund
quant Mutual FundEquity Scheme - Large Cap Fund4.2 years
The scheme seeks to generate consistent returns by investing in equity and equity related instruments falling under the category of large cap companies. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations
- NAV
- 16.1684
- 30 Oct 2026
- 1Y
- -0.9%
- Trailing CAGR
- AUM
- ₹3,590.61 Cr
- 31 Aug 2026
- Volatility
- Medium
- 15.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 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 79% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
4.2 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Watch
1.51% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -21.1%. Ask whether you can hold through a similar fall.
Vs category
Pass
79% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Jignesh Shah · 0.7 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 ≈ 87.9% 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 21%. 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-0.9%
- 3Y+13.6%
- 5Yn/a
- 10Yn/a
- SI+12.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.5%
- 3Y+4.5%
- 5Yn/a
- 10Yn/a
- Since inception
- +12.0%
- Calendar-day CAGR
- Excess 1Y
- +5.7%
- Category median, same plan and option
- 3Y win rate
- +79%
- Windows beating the median
- 3Y percentile
- 95
- Vs comparable share classes
- SIP 3Y XIRR
- +4.5%
- Simulated monthly SIP
- Worst rolling 3Y
- +11.8%
- 300 daily-ending windows
- Median rolling 3Y
- +16.2%
- 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
- -21.1%
- Worst peak-to-trough
- Current
- -6.1%
- Below last peak
- Current spell
- 88 days
- Days below latest peak
- Time below peak
- +89%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 20 days
- 39 recovered episodes
- Longest recovery
- 489 days
- Trough to prior peak
27 Sept 2024 – 6 Jul 2026
Trough 4 Mar 2025 · recovered in 489 days
-21.1%
15 Sept 2022 – 28 Jun 2023
Trough 28 Mar 2023 · recovered in 92 days
-13.6%
3 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-10.1%
11 Sept 2023 – 28 Nov 2023
Trough 26 Oct 2023 · recovered in 33 days
-7.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
95
Vs category
86
Consistency
68
Risk-adjusted
48
Drawdown
47
Mean
69
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 79% of rolling 3-year windows.
- Three-year return is above the category median.
Portfolio
31 Aug 2026 · 35 holdings · top 10 are 87.9%.
- Top 5
- 58.3%
- Top 10
- 87.9%
- Largest holding
- 24.6%
- Effective holdings
- 8.5
Repo
Unspecified
24.6%
ICICI Prudential Asset Management Company Ltd.
Financial
8.8%
Adani Green Energy Ltd
Energy & Utilities
8.1%
Adani Enterprises Ltd
Materials
8.1%
TATA CONSULTANCY SERVICES LTD.-29-Sep-2026
Technology
8.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BAJAJ FINSERV LARGE CAP FUND
Bajaj Finserv Mutual Fund
- 1Y
- -4.5%
- 3Y
- n/a
- Vol
- 12.8%
- Max DD
- -16.9%
- Sharpe
- -0.43
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
BARODA BNP PARIBAS LARGE CAP FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- -4.3%
- 3Y
- +11.5%
- Vol
- 12.8%
- Max DD
- -18.2%
- Sharpe
- 0.49
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Edelweiss Large Cap Fund
Edelweiss Mutual Fund
- 1Y
- -5.8%
- 3Y
- +10.4%
- Vol
- 15.1%
- Max DD
- -35.1%
- Sharpe
- 0.55
- 3Y win
- +80%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)
ICICI Prudential Mutual Fund
- 1Y
- -9.7%
- 3Y
- +10.3%
- Vol
- 15.2%
- Max DD
- -37.3%
- Sharpe
- 0.57
- 3Y win
- +95%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
ITI Large Cap Fund
ITI Mutual Fund
- 1Y
- -6.5%
- 3Y
- +9.9%
- Vol
- 14.8%
- Max DD
- -20.8%
- Sharpe
- 0.40
- 3Y win
- +40%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns