Axis Quant Fund vs Bandhan Nifty 100 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Quant Fund is a Thematic fund and Bandhan Nifty 100 Index Fund is an Index fund. In the 3 years to 30-10-2026, Axis Quant Fund (Direct) returned 7.2% a year and Bandhan Nifty 100 Index Fund (Direct) returned 8.9% a year. Axis Quant Fund charges 2.72% a year and Bandhan Nifty 100 Index Fund 0.18% (Direct plans). Their portfolios overlap 28.6%: they hold 25 of the same securities.
Bandhan Nifty 100 Index Fund
Index
- 3 year return
- 8.9%
- Expense ratio
- 0.18%
- NAV
- ₹14.41
Which is better, Axis Quant or Bandhan Nifty 100 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan Nifty 100 Index returned more over 3 years: 8.9% a year against 7.2%.
- Axis Quant returned more over 1 year: −6.6% against −8.8%.
- Bandhan Nifty 100 Index costs less: 0.18% a year against 2.72% (Direct plans).
- Bandhan Nifty 100 Index swung less over 3 years: a standard deviation of 13.6% a year against 14.5%.
- Bandhan Nifty 100 Index fell less in its worst fall since 25-02-2022: −17.3% against −23.0%.
- Bandhan Nifty 100 Index holds more in large companies: 97.9% of the fund in large caps against 76.0%.
- Axis Quant is the larger fund: ₹768 Cr against ₹266 Cr.
- Their portfolios overlap 28.6%: 25 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 Quant Fund | Bandhan Nifty 100 Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Bandhan Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹768 Cr (30-09-2026) | ₹266 Cr (31-08-2026) |
| NAV | ₹15.87 (Direct) | ₹14.41 (Direct) |
| Expense ratio (Direct) | 2.72% | 0.18% |
| Expense ratio (Regular) | 4.11% | 0.68% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 200 TRI | Nifty 100 TRI |
| Launch date | 01-07-2021 | 24-02-2022 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Krishnaa N | Abhishek Jain |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | Nil |
Axis Quant vs Bandhan Nifty 100 Index: 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 Quant Fund (Direct) | −3.17% | −10.03% | −3.82% | −6.59% | +7.21% | +7.35% | -- |
| Bandhan Nifty 100 Index Fund (Direct) | +1.03% | −5.35% | −3.06% | −8.85% | +8.87% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Axis Quant vs Bandhan Nifty 100 Index: Year-wise Returns
| Year | Axis QuantAxis Quant | Bandhan Nifty 100 IndexBandhan Nifty 100 Index |
|---|---|---|
| 2026to date | −9.37% | −9.46% |
| 2025 | +2.46% | +10.06% |
| 2024 | +15.32% | +12.69% |
| 2023 | +32.80% | +21.06% |
| 2022 | −1.06% | -- |
Axis Quant vs Bandhan Nifty 100 Index: Rolling Returns
Every holding period of both funds, against BSE 200 TRI, the benchmark of Axis Quant Fund
Rolling returns
Every 3-year holding period, 418 of them, one for each trading day from 25-02-2025 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 Quant Fund (Direct)
Bandhan Nifty 100 Index Fund (Direct)
BSE 200 TRI
to
Apr 2025Jul 2022
to
Jul 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Jun 2023
to
Jun 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Quant | 0.0 | 0.0 | 8.9 | 61.7 | 25.8 | 3.6 | 0.0 | 13.7% | 14.0% | 6.5% | 21.2% | 9% |
| Bandhan Nifty 100 Index | 0.0 | 0.0 | 13.2 | 65.6 | 21.3 | 0.0 | 0.0 | 13.0% | 13.3% | 6.9% | 19.3% | 0% |
| BSE 200 TRI | 0.0 | 0.0 | 8.1 | 46.4 | 41.9 | 3.6 | 0.0 | 14.6% | 14.8% | 7.9% | 21.3% | -- |
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. The benchmark is BSE 200 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 25-02-2022. Past returns do not promise future returns.
Axis Quant vs Bandhan Nifty 100 Index: 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 01-02-2022 to 30-10-2026: 57 instalments, ₹5,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis QuantAxis Quant Fund (Direct) | ₹5,70,000 | ₹6,42,831 | ₹72,831 | 5.0% |
| Bandhan Nifty 100 IndexBandhan Nifty 100 Index Fund (Direct) | ₹5,70,000 | ₹6,51,743 | ₹81,743 | 5.6% |
Axis QuantAxis Quant Fund (Direct)
Bandhan Nifty 100 IndexBandhan Nifty 100 Index 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 Quant vs Bandhan Nifty 100 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Quant Fund (Direct) | Bandhan Nifty 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.59% | −8.85% |
| Standard deviation | 15.73% | 13.89% |
| Sharpe ratio | -0.75 | -1.02 |
| Sortino ratio | -1.03 | -1.35 |
| Maximum drawdown | −14.9% (30-03-2026) | −14.9% (30-03-2026) |
| Beta | 1.06 | 1.00 |
| Alpha | +2.50% | −0.17% |
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 Quant Fund (Direct) | Bandhan Nifty 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.21% | +8.87% |
| Standard deviation | 14.51% | 13.64% |
| Sharpe ratio | 0.08 | 0.21 |
| Sortino ratio | 0.11 | 0.29 |
| Maximum drawdown | −23.0% (04-03-2025) | −17.3% (28-02-2025) |
| Beta | 0.98 | 1.00 |
| Alpha | −2.36% | −0.21% |
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 Quant Fund (Direct) | Bandhan Nifty 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.88% | +8.81% |
| Standard deviation | 14.06% | 13.41% |
| Sharpe ratio | 0.23 | 0.21 |
| Sortino ratio | 0.31 | 0.29 |
| Maximum drawdown | −23.0% (04-03-2025) | −17.3% (28-02-2025) |
| Beta | 0.95 | 1.00 |
| Alpha | −0.81% | −0.20% |
From daily NAVs, 07-07-2021 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 Quant Fund (Direct)
Bandhan Nifty 100 Index Fund (Direct)
BSE 200 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Quant Fund (Direct) | −23.0% | 27-09-2024 | 04-03-2025 | Not yet | -- | −15.6% |
| Bandhan Nifty 100 Index Fund (Direct) | −17.3% | 26-09-2024 | 28-02-2025 | Not yet | -- | −10.3% |
| BSE 200 TRI | −17.7% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −9.9% |
From daily values since 25-02-2022, 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 Quant Fund (Direct)
Bandhan Nifty 100 Index Fund (Direct)
BSE 200 TRI
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 Quant Fund (Direct)
Bandhan Nifty 100 Index Fund (Direct)
BSE 200 TRI
Against BSE 200 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Quant Fund (Direct) | 97% | 101% | 5.08% |
| Bandhan Nifty 100 Index Fund (Direct) | 96% | 102% | 1.18% |
From month-end values since 25-02-2022. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Quant vs Bandhan Nifty 100 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Quant Fund, September 2026; Bandhan Nifty 100 Index Fund, August 2026
Holdings in common
- Overlap
- 28.6%
- Held by both
- 25
- Only in Axis Quant
- 3
- Only in Bandhan Nifty 100 Index
- 75
| Security | % of Axis Quant | % of Bandhan Nifty 100 Index |
|---|---|---|
| Reliance Industries Limited | 3.48% | 6.46% |
| Larsen & Toubro Limited | 3.38% | 3.54% |
| HDFC Bank Limited | 3.23% | 8.13% |
| Infosys Limited | 3.11% | 2.98% |
| Mahindra & Mahindra Limited | 3.21% | 2.19% |
| Bajaj Finance Limited | 3.58% | 2.12% |
| Tata Consultancy Services Limited | 3.20% | 1.83% |
| Shriram Finance Limited | 3.46% | 1.16% |
| InterGlobe Aviation Limited | 3.77% | 0.89% |
| Bajaj Finserv Limited | 2.48% | 0.88% |
| Eicher Motors Limited | 4.12% | 0.82% |
| Adani Enterprises Limited | 5.04% | 0.62% |
| Cholamandalam Investment and Finance Company Ltd | 3.54% | 0.60% |
| Jio Financial Services Limited | 3.39% | 0.59% |
| The Indian Hotels Company Limited | 3.79% | 0.49% |
| Bharat Petroleum Corporation Limited | 3.55% | 0.49% |
| Tata Motors Passenger Vehicles Limited | 2.98% | 0.48% |
| Indian Oil Corporation Limited | 3.51% | 0.39% |
| Bajaj Holdings & Investment Limited | 3.79% | 0.38% |
| DLF Limited | 4.06% | 0.33% |
| Canara Bank | 3.18% | 0.32% |
| LTM Limited | 3.11% | 0.32% |
| Lodha Developers Limited | 4.40% | 0.25% |
| Shree Cement Limited | 3.20% | 0.23% |
| Ambuja Cements Limited | 2.88% | 0.19% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.6% means 28.6% 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 Quant Fund
| Security | % of fund |
|---|---|
| 91 Days Tbill (MD 15/10/2026) | 3.25% |
| 364 Days Tbill (MD 08/10/2026) | 3.25% |
| 91 Days Tbill (MD 01/10/2026) | 2.60% |
Largest holdings only in Bandhan Nifty 100 Index Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 7.80% |
| Bharti Airtel Limited | 4.12% |
| State Bank of India | 3.28% |
| Axis Bank Limited | 2.80% |
| Kotak Mahindra Bank Limited | 2.31% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Quant | Bandhan Nifty 100 Index |
|---|---|---|
| Equity | 87.4% | 101.5% |
| Debt | 9.1% | 0.0% |
| Cash and others | 3.5% | -1.5% |
Market cap of stocks
| Market cap | Axis Quant | Bandhan Nifty 100 Index |
|---|---|---|
| Large Cap | 76.0% | 97.9% |
| Mid Cap | 11.4% | 3.6% |
| Small Cap | 0.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Quant | Bandhan Nifty 100 Index |
|---|---|---|
| Banks | 6.4% | 25.5% |
| Finance | 20.2% | 6.9% |
| Petroleum Products | 10.5% | 7.3% |
| Automobiles | 10.3% | 6.8% |
| IT - Software | 9.4% | 7.3% |
| Realty | 8.5% | 0.6% |
| Pharmaceuticals & Biotechnology | 0.0% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Quant vs Bandhan Nifty 100 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Quant Fund | Bandhan Nifty 100 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.72% | 0.18% |
| Base expense ratio (Direct) | 0.84% | 0.08% |
| Total expense ratio (Regular) | 4.11% | 0.68% |
| Base expense ratio (Regular) | 2.03% | 0.51% |
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
Axis Quant Fund vs Bandhan Nifty 100 Index Fund: Frequently Asked Questions
What is the difference between Axis Quant Fund and Bandhan Nifty 100 Index Fund?
Axis Quant Fund is a Thematic fund, Bandhan Nifty 100 Index Fund is an Index fund, run by Axis Mutual Fund and Bandhan Mutual Fund. Their portfolios overlap 28.6%. Axis Quant Fund charges 2.72% a year and Bandhan Nifty 100 Index Fund 0.18%.
Which has given higher returns, Axis Quant Fund or Bandhan Nifty 100 Index Fund?
Over 1 year: Axis Quant Fund −6.59%, Bandhan Nifty 100 Index Fund −8.85%. Over 3 years: Axis Quant Fund +7.21% a year, Bandhan Nifty 100 Index Fund +8.87% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Quant Fund or Bandhan Nifty 100 Index Fund?
Bandhan Nifty 100 Index Fund charges less: 0.18% a year against 2.72%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Quant Fund and Bandhan Nifty 100 Index Fund overlap?
28.6%. They hold 25 of the same securities, the largest shared ones being RELIANCE, LT, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Axis Quant Fund or Bandhan Nifty 100 Index Fund?
On SEBI's riskometer, Axis Quant Fund is rated Very High and Bandhan Nifty 100 Index Fund Very High. Over 3 years, the standard deviation of daily returns was 14.51% and 13.64% a year.
Which is better for SIP, Axis Quant Fund or Bandhan Nifty 100 Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,59,930 in Axis Quant Fund (XIRR -1.7% a year) and ₹3,72,224 in Bandhan Nifty 100 Index Fund (XIRR 0.4% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Axis Quant Fund and Bandhan Nifty 100 Index Fund?
Yes. 28.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Quant Fund and Bandhan Nifty 100 Index Fund?
Axis Quant Fund: Nandik Malik, Krishnaa N. Bandhan Nifty 100 Index Fund: Abhishek Jain.
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.