ReviewDirect · Growth

Sahara Infrastructure Fund ---VARIABLE PRICING OPTION

Sahara Asset Management Company Private Limited Growth20.6 years

NAV: 22.7307; 3 Apr 2020
1Y: -26.8%; Trailing CAGR
AUM: ₹19,000; 30 Jun 2020
Volatility: High; 18.3% annualized

Apr 2018 – Apr 2020

All funds

ReviewDirect · Growth

Sahara Infrastructure Fund ---VARIABLE PRICING OPTION

Sahara Asset Management Company Private Limited Growth20.6 years

NAV: 22.7307; 3 Apr 2020
1Y: -26.8%; Trailing CAGR
AUM: ₹19,000; 30 Jun 2020
Volatility: High; 18.3% annualized

NAV path pending

NAV

3 Apr 2020 · -27.1% over 1Y

22.7307

Apr 201922.704 – 34.813Apr 2020

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-26.8%
3Y-7.0%
5Y+2.2%
10Yn/a
SI+5.6%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-45.5%
3Y-18.7%
5Y-5.4%
10Yn/a

Since inception: +5.6%; Calendar-day CAGR
Excess 1Y: -0.6%; Category median, same plan and option
3Y win rate: +88%; Windows beating the median
3Y percentile: 17; Vs comparable share classes
Worst rolling 3Y: -7.0%; 1046 daily-ending windows
Median rolling 3Y: +15.5%; Calendar-day CAGR
Positive rolling 5Y: +100%; 554 daily-ending windows
SIP 3Y XIRR: -18.7%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

3 Apr 2020

-35.5%

Jan 2013-35.6% – 0.0%Apr 2020

Average recovery: 18 days; 51 recovered episodes
Longest recovery: 257 days; Trough to prior peak
Current spell: 809 days; Days below latest peak
Time below peak: +93%; NAV observations

15 Jan 2018 – open
Trough 23 Mar 2020 · not recovered
-35.6%
4 Jan 2013 – 12 May 2014
Trough 28 Aug 2013 · recovered in 257 days
-32.7%
7 Aug 2015 – 11 Jul 2016
Trough 29 Feb 2016 · recovered in 133 days
-23.1%
7 Jul 2014 – 2 Mar 2015
Trough 16 Oct 2014 · recovered in 137 days
-13.3%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
17
Vs category
46
Consistency
79
Risk-adjusted
31
Drawdown
11
Mean
37

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
3 Apr 2020

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 3 Apr 2020

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.
AUM fell by 30% or more versus the prior observation.

Supporting reads

The fund beat the category median in 88% of rolling 3-year windows.

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-26.8%
3Y-7.0%
5Y+2.2%
10Yn/a
SI+5.6%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-45.5%
3Y-18.7%
5Y-5.4%
10Yn/a

Since inception: +5.6%; Calendar-day CAGR
Excess 1Y: -0.6%; Category median, same plan and option
3Y win rate: +88%; Windows beating the median
3Y percentile: 17; Vs comparable share classes
Worst rolling 3Y: -7.0%; 1046 daily-ending windows
Median rolling 3Y: +15.5%; Calendar-day CAGR
Positive rolling 5Y: +100%; 554 daily-ending windows
SIP 3Y XIRR: -18.7%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 18 days; 51 recovered episodes
Longest recovery: 257 days; Trough to prior peak
Current spell: 809 days; Days below latest peak
Time below peak: +93%; NAV observations

15 Jan 2018 – open
Trough 23 Mar 2020 · not recovered
-35.6%
4 Jan 2013 – 12 May 2014
Trough 28 Aug 2013 · recovered in 257 days
-32.7%
7 Aug 2015 – 11 Jul 2016
Trough 29 Feb 2016 · recovered in 133 days
-23.1%
7 Jul 2014 – 2 Mar 2015
Trough 16 Oct 2014 · recovered in 137 days
-13.3%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
17
Vs category
46
Consistency
79
Risk-adjusted
31
Drawdown
11
Mean
37

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
3 Apr 2020

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 3 Apr 2020

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.
AUM fell by 30% or more versus the prior observation.

Supporting reads

The fund beat the category median in 88% of rolling 3-year windows.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

NAV

3 Apr 2020 · -27.1% over 1Y

22.7307

Apr 201922.704 – 34.813Apr 2020

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-26.8%
3Y-7.0%
5Y+2.2%
10Yn/a
SI+5.6%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-45.5%
3Y-18.7%
5Y-5.4%
10Yn/a

Since inception: +5.6%; Calendar-day CAGR
Excess 1Y: -0.6%; Category median, same plan and option
3Y win rate: +88%; Windows beating the median
3Y percentile: 17; Vs comparable share classes
Worst rolling 3Y: -7.0%; 1046 daily-ending windows
Median rolling 3Y: +15.5%; Calendar-day CAGR
Positive rolling 5Y: +100%; 554 daily-ending windows
SIP 3Y XIRR: -18.7%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

3 Apr 2020

-35.5%

Jan 2013-35.6% – 0.0%Apr 2020

Average recovery: 18 days; 51 recovered episodes
Longest recovery: 257 days; Trough to prior peak
Current spell: 809 days; Days below latest peak
Time below peak: +93%; NAV observations

15 Jan 2018 – open
Trough 23 Mar 2020 · not recovered
-35.6%
4 Jan 2013 – 12 May 2014
Trough 28 Aug 2013 · recovered in 257 days
-32.7%
7 Aug 2015 – 11 Jul 2016
Trough 29 Feb 2016 · recovered in 133 days
-23.1%
7 Jul 2014 – 2 Mar 2015
Trough 16 Oct 2014 · recovered in 137 days
-13.3%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
17
Vs category
46
Consistency
79
Risk-adjusted
31
Drawdown
11
Mean
37

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
3 Apr 2020

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 3 Apr 2020

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.
AUM fell by 30% or more versus the prior observation.

Supporting reads

The fund beat the category median in 88% of rolling 3-year windows.

Sahara Infrastructure Fund ---VARIABLE PRICING OPTION

Returns

Drawdown

Dimensions

What changed

Decision

Worth investigating

Sahara Midcap Fund-Dividend

Sahara Midcap Fund-Growth Option

Sahara R.E.A.L Fund - Dividend Option

Sahara Growth Fund-Growth

Sahara Super 20 Fund

Sahara Infrastructure Fund ---VARIABLE PRICING OPTION

Sahara Infrastructure Fund ---VARIABLE PRICING OPTION

Returns

Drawdown

Dimensions

What changed

Decision

Returns

Drawdown

Dimensions

What changed

Decision

Worth investigating

Sahara Midcap Fund-Dividend

Sahara Midcap Fund-Growth Option

Sahara R.E.A.L Fund - Dividend Option

Sahara Growth Fund-Growth

Sahara Super 20 Fund

Sahara Infrastructure Fund ---VARIABLE PRICING OPTION

Returns

Drawdown

Dimensions

What changed

Decision