Axis Gilt Fund vs quant Gilt Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Gilt Fund and quant Gilt Fund are both Gilt funds. In the 3 years to 30-10-2026, Axis Gilt Fund (Direct) returned 6.9% a year and quant Gilt Fund (Direct) returned 5.6% a year. Axis Gilt Fund charges 0.46% a year and quant Gilt Fund 0.40% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Which is better, Axis Gilt or quant Gilt? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Gilt returned more over 3 years: 6.9% a year against 5.6%.
- Axis Gilt returned more over 1 year: 3.1% against 2.2%.
- quant Gilt costs less: 0.40% a year against 0.46% (Direct plans).
- quant Gilt swung less over 3 years: a standard deviation of 1.8% a year against 2.9%.
- quant Gilt fell less in its worst fall since 22-12-2022: −2.2% against −3.0%.
- Axis Gilt is the larger fund: ₹336 Cr against ₹73 Cr.
- Their portfolios overlap 0.0%: 0 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Gilt Fund | quant Gilt Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | quant Mutual Fund |
| Category | Gilt | Gilt |
| AUM | ₹336 Cr (30-09-2026) | ₹73 Cr (30-09-2026) |
| NAV | ₹28.24 (Direct) | ₹12.43 (Direct) |
| Expense ratio (Direct) | 0.46% | 0.40% |
| Expense ratio (Regular) | 0.86% | 1.59% |
| Riskometer | Moderate | Moderate |
| Benchmark | CRISIL Dynamic Gilt Index | CRISIL Dynamic Gilt Index |
| Launch date | 23-01-2012 | 12-09-2023 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Devang Shah, Sachin Jain | Sanjeev Sharma, Haroonvardhan Sirohi |
| Exit load | Nil | NIL |
Axis Gilt vs quant Gilt: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Gilt Fund (Direct) | −0.49% | −1.03% | +2.03% | +3.08% | +6.94% | +5.86% | +6.74% |
| quant Gilt Fund (Direct) | −0.59% | −1.16% | +1.46% | +2.19% | +5.62% | -- | -- |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | +6.19% | -- | -- |
Category average: the average of the 28 Gilt funds, same plan type.
Axis Gilt vs quant Gilt: Year-wise Returns
| Year | AxisAxis Gilt | quantquant Gilt |
|---|---|---|
| 2026to date | +2.44% | +1.65% |
| 2025 | +5.63% | +4.94% |
| 2024 | +10.33% | +8.52% |
| 2023 | +7.65% | +7.16% |
| 2022 | +2.99% | -- |
| 2021 | +2.99% | -- |
Axis Gilt vs quant Gilt: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 209 of them, one for each trading day from 22-12-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Gilt Fund (Direct)
quant Gilt Fund (Direct)
to
Jan 2026Mar 2023
to
Mar 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Gilt | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.4% | 7.4% | 6.5% | 8.1% |
| quant Gilt | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.2% | 6.2% | 5.5% | 7.0% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 22-12-2022. Past returns do not promise future returns.
Axis Gilt vs quant Gilt: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-12-2022 to 30-10-2026: 47 instalments, ₹4,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis GiltAxis Gilt Fund (Direct) | ₹4,70,000 | ₹5,24,792 | ₹54,792 | 5.6% |
| quant Giltquant Gilt Fund (Direct) | ₹4,70,000 | ₹5,14,718 | ₹44,718 | 4.6% |
Axis GiltAxis Gilt Fund (Direct)
quant Giltquant Gilt Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Gilt vs quant Gilt: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Gilt Fund (Direct) | quant Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.08% | +2.19% |
| Standard deviation | 3.16% | 2.25% |
| Sharpe ratio | -0.69 | -1.36 |
| Sortino ratio | -0.96 | -1.77 |
| Maximum drawdown | −2.4% (02-04-2026) | −1.9% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Gilt Fund (Direct) | quant Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.94% | +5.62% |
| Standard deviation | 2.93% | 1.83% |
| Sharpe ratio | 0.31 | -0.22 |
| Sortino ratio | 0.45 | -0.30 |
| Maximum drawdown | −3.0% (26-08-2025) | −2.2% (01-09-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Gilt Fund (Direct) | quant Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.28% | +5.78% |
| Standard deviation | 4.02% | 1.72% |
| Sharpe ratio | 0.31 | -0.23 |
| Sortino ratio | 0.43 | -0.31 |
| Maximum drawdown | −11.1% (19-08-2013) | −2.2% (01-09-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Gilt Fund (Direct)
quant Gilt Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Gilt Fund (Direct) | −3.0% | 28-05-2025 | 26-08-2025 | 17-02-2026 | 6 months | −1.9% |
| quant Gilt Fund (Direct) | −2.2% | 28-05-2025 | 01-09-2025 | 05-02-2026 | 5 months | −1.8% |
From daily values since 22-12-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Gilt Fund (Direct)
quant Gilt Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Gilt Fund (Direct)
quant Gilt Fund (Direct)
Axis Gilt vs quant Gilt: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Gilt Fund, September 2026; quant Gilt Fund, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Axis Gilt
- 25
- Only in quant Gilt
- 11
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Gilt Fund
| Security | % of fund |
|---|---|
| 6.94% Government of India (11/05/2036) | 34.04% |
| 7.24% Government of India (18/08/2055) | 11.14% |
| 91 Days Tbill (MD 10/12/2026) | 7.36% |
| 364 Days Tbill (MD 10/12/2026) | 7.36% |
| 7.09% Government of India (05/08/2054) | 6.95% |
Largest holdings only in quant Gilt Fund
| Security | % of fund |
|---|---|
| 6.36% GOI 16-Feb-2031 | 20.13% |
| TREPS 01-Oct-2026 DEPO 10 | 16.98% |
| 7.68% Karnataka SDL - 21-Dec-2034 | 13.62% |
| 7.46% Maharashtra SDL - 13-Sep-2033 | 10.30% |
| 7.49% Tamil Nadu SDL - 24-Apr-2034 | 8.64% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Gilt | quant Gilt |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.0% | 99.1% |
| Cash and others | 3.0% | 0.9% |
Axis Gilt vs quant Gilt: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Gilt Fund | quant Gilt Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.46% | 0.40% |
| Base expense ratio (Direct) | 0.37% | 0.34% |
| Total expense ratio (Regular) | 0.86% | 1.59% |
| Base expense ratio (Regular) | 0.71% | 1.35% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Gilt with
Axis Gilt Fund vs quant Gilt Fund: Frequently Asked Questions
What is the difference between Axis Gilt Fund and quant Gilt Fund?
Both are Gilt funds, run by Axis Mutual Fund and quant Mutual Fund. Their portfolios overlap 0.0%. Axis Gilt Fund charges 0.46% a year and quant Gilt Fund 0.40%.
Which has given higher returns, Axis Gilt Fund or quant Gilt Fund?
Over 1 year: Axis Gilt Fund +3.08%, quant Gilt Fund +2.19%. Over 3 years: Axis Gilt Fund +6.94% a year, quant Gilt Fund +5.62% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Gilt Fund or quant Gilt Fund?
quant Gilt Fund charges less: 0.40% a year against 0.46%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Gilt Fund and quant Gilt Fund overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is riskier, Axis Gilt Fund or quant Gilt Fund?
On SEBI's riskometer, Axis Gilt Fund is rated Moderate and quant Gilt Fund Moderate. Over 3 years, the standard deviation of daily returns was 2.93% and 1.83% a year.
Which is better for SIP, Axis Gilt Fund or quant Gilt Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,99,227 in Axis Gilt Fund (XIRR 4.9% a year) and ₹3,93,502 in quant Gilt Fund (XIRR 3.9% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Axis Gilt Fund and quant Gilt Fund?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Axis Gilt Fund and quant Gilt Fund?
Axis Gilt Fund: Devang Shah, Sachin Jain. quant Gilt Fund: Sanjeev Sharma, Haroonvardhan Sirohi.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.