Navi Liquid Fund vs Quant Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Navi Liquid Fund and Quant Liquid Fund are both Liquid funds. In the 3 years to 30-10-2026, Navi Liquid Fund (Direct) returned 0.0% a year and Quant Liquid Fund (Direct) returned 6.7% a year. Navi Liquid Fund charges 0.26% a year and Quant Liquid Fund 0.31% (Direct plans). Their portfolios overlap 12.2%: they hold 3 of the same securities.
Which is better, Navi Liquid or Quant Liquid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quant Liquid returned more over 5 years: 6.3% a year against 0.0%.
- Quant Liquid returned more over 3 years: 6.7% a year against 0.0%.
- Navi Liquid costs less: 0.26% a year against 0.31% (Direct plans).
- Navi Liquid swung less over 3 years: a standard deviation of 0.2% a year against 0.2%.
- Navi Liquid fell less in its worst fall since 04-01-2013: −0.1% against −9.0%.
- Quant Liquid is the larger fund: ₹1,149 Cr against ₹82 Cr.
- Their portfolios overlap 12.2%: 3 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 | Navi Liquid Fund | Quant Liquid Fund |
|---|---|---|
| Fund house | Navi Mutual Fund | quant Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹82 Cr (30-09-2026) | ₹1,149 Cr (30-09-2026) |
| NAV | ₹30.84 (Direct) | ₹45.79 (Direct) |
| Expense ratio (Direct) | 0.26% | 0.31% |
| Expense ratio (Regular) | 0.32% | 0.59% |
| Riskometer | Low to Moderate | Moderate |
| Benchmark | CRISIL Liquid Debt A-I Index | CRISIL LIQUID DEBT A-1 INDEX |
| Launch date | 22-02-2010 | 03-10-2025 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Tanmay Sethi | Sanjeev Sharma, Haroonvardhan Sirohi |
| Exit load | 1 Day 0.0070% 2 Days 0.0065% 3 Days 0.0060% 4 Days 0.0055% 5 Days 0.0050% 6 Days 0.0045% 7 Days or more NIL | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. |
Navi Liquid vs Quant Liquid: 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 |
|---|---|---|---|---|---|---|---|
| Navi Liquid Fund (Direct) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Quant Liquid Fund (Direct) | +0.41% | +1.43% | +2.93% | +6.03% | +6.70% | +6.33% | +6.32% |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | +6.66% | +6.18% | +5.85% |
Category average: the average of the 44 Liquid funds, same plan type.
Navi Liquid vs Quant Liquid: Year-wise Returns
| Year | NaviNavi Liquid | QuantQuant Liquid |
|---|---|---|
| 2026to date | 0.00% | +4.99% |
| 2025 | 0.00% | +6.54% |
| 2024 | 0.00% | +7.33% |
| 2023 | 0.00% | +6.98% |
| 2022 | 0.00% | +5.01% |
| 2021 | 0.00% | +4.28% |
Navi Liquid vs Quant Liquid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 3,351 of them, one for each trading day from 04-01-2016 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.
Navi Liquid Fund (Regular)
Quant Liquid Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Navi Liquid | 0.0 | 21.7 | 78.3 | 0.0 | 0.0 | 0.0 | 0.0 | 6.4% | 6.5% | 3.9% | 9.0% |
| Quant Liquid | 0.0 | 7.3 | 92.7 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 6.9% | 4.9% | 9.5% |
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 04-01-2013. Past returns do not promise future returns.
Navi Liquid vs Quant Liquid: 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 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Navi LiquidNavi Liquid Fund (Regular) | ₹16,60,000 | ₹25,63,054 | ₹9,03,054 | 6.0% |
| Quant LiquidQuant Liquid Fund (Direct) | ₹16,60,000 | ₹26,56,320 | ₹9,96,320 | 6.5% |
Navi LiquidNavi Liquid Fund (Regular)
Quant LiquidQuant Liquid 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.
Navi Liquid vs Quant Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Navi Liquid Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.69% | +6.03% |
| Standard deviation | 0.12% | 0.17% |
| Sharpe ratio | 3.85 | 4.61 |
| Sortino ratio | 8.99 | 10.83 |
| Maximum drawdown | 0.0% | −0.0% (22-10-2026) |
| 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 | Navi Liquid Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.31% | +6.70% |
| Standard deviation | 0.15% | 0.17% |
| Sharpe ratio | 1.85 | 3.96 |
| Sortino ratio | 4.67 | 10.39 |
| Maximum drawdown | 0.0% | −0.0% (22-10-2026) |
| 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 | Navi Liquid Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.07% | +6.33% |
| Standard deviation | 0.15% | 0.17% |
| Sharpe ratio | 1.74 | 3.11 |
| Sortino ratio | 3.94 | 7.06 |
| Maximum drawdown | −0.0% (05-05-2022) | −0.0% (05-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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.
| Measure | Navi Liquid Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.00% | +6.39% |
| Standard deviation | 0.22% | 4.34% |
| Sharpe ratio | 3.29 | 0.08 |
| Sortino ratio | 7.58 | 0.10 |
| Maximum drawdown | −0.1% (16-07-2013) | −9.0% (07-01-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2011 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.
Navi Liquid Fund (Regular)
Quant Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Navi Liquid Fund (Regular) | −0.1% | 15-07-2013 | 16-07-2013 | 21-07-2013 | 5 days | 0.0% |
| Quant Liquid Fund (Direct) | −9.0% | 05-01-2013 | 07-01-2013 | 11-01-2013 | 4 days | 0.0% |
From daily values since 04-01-2013, 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.
Navi Liquid Fund (Regular)
Quant Liquid 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.
Navi Liquid Fund (Regular)
Quant Liquid Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Navi Liquid Fund (Regular)
Quant Liquid Fund (Direct)
Navi Liquid vs Quant Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Navi Liquid Fund, September 2026; Quant Liquid Fund, September 2026
Holdings in common
- Overlap
- 12.2%
- Held by both
- 3
- Only in Navi Liquid
- 13
- Only in Quant Liquid
- 11
| Security | % of Navi Liquid | % of Quant Liquid |
|---|---|---|
| BANK OF BARODA (06/11/2026) | 7.31% | 8.65% |
| L&T FINANCE LIMITED (05/11/2026) | 6.09% | 4.32% |
| % SBI FUNDS MANAGEMENT LTD () | 0.59% | 0.67% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 12.2% means 12.2% 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 Navi Liquid Fund
| Security | % of fund |
|---|---|
| 91 DAYS TREASURY BILL 12-NOV-2026 | 12.19% |
| 8.85% POWER GRID CORPORATION OF INDIA LIMITED (19/10/2026) | 8.59% |
| 7.91% SUNDARAM HOME FINANCE LTD (27/11/2026) | 6.14% |
| 7.95% SIKKA PORTS & TERMINALS LIMITED (28/10/2026) | 6.14% |
| 91 DAYS TREASURY BILL 01-OCT-2026 | 6.13% |
Largest holdings only in Quant Liquid Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 21.39% |
| REC Ltd CP 22-Oct-2026 | 8.67% |
| 91 Days Treasury Bill 29-Oct-2026 | 8.67% |
| PNB Housing Finance Ltd CP 27-Oct-2026 | 8.66% |
| 91 Days Treasury Bill 10-Dec-2026 | 8.61% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Navi Liquid | Quant Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.6% | 99.3% |
| Cash and others | 5.4% | 0.7% |
Navi Liquid vs Quant Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Navi Liquid Fund | Quant Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.26% | 0.31% |
| Base expense ratio (Direct) | 0.22% | 0.26% |
| Total expense ratio (Regular) | 0.32% | 0.59% |
| Base expense ratio (Regular) | 0.27% | 0.50% |
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 Navi Liquid with
Navi Liquid Fund vs Quant Liquid Fund: Frequently Asked Questions
What is the difference between Navi Liquid Fund and Quant Liquid Fund?
Both are Liquid funds, run by Navi Mutual Fund and quant Mutual Fund. Their portfolios overlap 12.2%. Navi Liquid Fund charges 0.26% a year and Quant Liquid Fund 0.31%.
Which has given higher returns, Navi Liquid Fund or Quant Liquid Fund?
Over 1 year: Navi Liquid Fund 0.00%, Quant Liquid Fund +6.03%. Over 3 years: Navi Liquid Fund 0.00% a year, Quant Liquid Fund +6.70% a year. Over 5 years: Navi Liquid Fund 0.00% a year, Quant Liquid Fund +6.33% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Navi Liquid Fund or Quant Liquid Fund?
Navi Liquid Fund charges less: 0.26% a year against 0.31%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Navi Liquid Fund and Quant Liquid Fund overlap?
12.2%. They hold 3 of the same securities, the largest shared ones being BANK OF BARODA (06/11/2026), L&T FINANCE LIMITED (05/11/2026), % SBI FUNDS MANAGEMENT LTD (). From each fund's latest monthly portfolio.
Which is riskier, Navi Liquid Fund or Quant Liquid Fund?
On SEBI's riskometer, Navi Liquid Fund is rated Low to Moderate and Quant Liquid Fund Moderate. Over 3 years, the standard deviation of daily returns was 0.15% and 0.17% a year.
Which is better for SIP, Navi Liquid Fund or Quant Liquid Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,15,038 in Navi Liquid Fund (XIRR 6.2% a year) and ₹7,21,194 in Quant Liquid Fund (XIRR 6.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Navi Liquid Fund and Quant Liquid Fund?
Yes. 12.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Navi Liquid Fund and Quant Liquid Fund?
Navi Liquid Fund: Tanmay Sethi. Quant Liquid 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.