Navi Liquid Fund vs Quantum Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Navi Liquid Fund and Quantum Liquid Fund are both Liquid funds. In the 3 years to 30-10-2026, Navi Liquid Fund (Direct) returned 0.0% a year and Quantum Liquid Fund (Direct) returned 6.5% a year. Navi Liquid Fund charges 0.26% a year and Quantum Liquid Fund 0.15% (Direct plans). Their portfolios overlap 11.6%: they hold 4 of the same securities.
Which is better, Navi Liquid or Quantum Liquid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quantum Liquid returned more over 5 years: 6.1% a year against 0.0%.
- Quantum Liquid returned more over 3 years: 6.5% a year against 0.0%.
- Quantum Liquid costs less: 0.15% a year against 0.26% (Direct plans).
- Quantum Liquid swung less over 3 years: a standard deviation of 0.1% a year against 0.2%.
- Navi Liquid fell less in its worst fall since 21-02-2010: −0.4% against −0.6%.
- Quantum Liquid is the larger fund: ₹543 Cr against ₹82 Cr.
- Their portfolios overlap 11.6%: 4 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 | Quantum Liquid Fund |
|---|---|---|
| Fund house | Navi Mutual Fund | Quantum Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹82 Cr (30-09-2026) | ₹543 Cr (30-09-2026) |
| NAV | ₹30.84 (Direct) | ₹37.99 (Direct) |
| Expense ratio (Direct) | 0.26% | 0.15% |
| Expense ratio (Regular) | 0.32% | 0.26% |
| Riskometer | Low to Moderate | Low |
| Benchmark | CRISIL Liquid Debt A-I Index | CRISIL Liquid Debt A-I Index |
| Launch date | 22-02-2010 | 07-04-2006 |
| Minimum investment | ₹100 | (a) Growth Option - Rs. 5,000/- (b) Monthly IDCW Option - Rs. 10,000/- Daily Reinvestment of Income Distribution Cum Capital Withdrawal (IDCW) Option- Rs. 1,00,000/-. |
| Lock in | None | None |
| Fund managers | Tanmay Sethi | Sneha Pandey, Mayur Chauhan |
| 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 | 0.007% - if redeemed/switched out within 1 Day from the date of allotment, 0.0065% - if redeemed/switched out within 2 Days from the date of allotment, 0.006% - if redeemed/switched out within 3 Days from the date of allotment, 0.0055% - if redeemed/switched out within 4 Days from the date of allotment, 0.005% - if redeemed/switched out within 5 Days from the date of allotment, 0.0045% - if redeemed/switched out within 6 Days from the date of allotment, Nil - if redeemed / switched out after 7 Days from the date of allotment |
Navi Liquid vs Quantum 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% |
| Quantum Liquid Fund (Direct) | +0.43% | +1.42% | +2.91% | +5.90% | +6.47% | +6.07% | +5.64% |
| 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 Quantum Liquid: Year-wise Returns
| Year | NaviNavi Liquid | QuantumQuantum Liquid |
|---|---|---|
| 2026to date | 0.00% | +4.90% |
| 2025 | 0.00% | +6.17% |
| 2024 | 0.00% | +7.12% |
| 2023 | 0.00% | +6.87% |
| 2022 | 0.00% | +4.69% |
| 2021 | 0.00% | +3.20% |
Navi Liquid vs Quantum Liquid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 4,215 of them, one for each trading day from 21-02-2013 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)
Quantum Liquid Fund (Direct)
to
Mar 2014Jul 2013
to
Jul 2016Nov 2015
to
Nov 2018Mar 2018
to
Mar 2021Jul 2020
to
Jul 2023Sept 2022
to
Sept 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 | 17.3 | 82.7 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 6.7% | 3.9% | 9.6% |
| Quantum Liquid | 0.0 | 20.5 | 79.5 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.5% | 3.7% | 9.0% |
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 21-02-2010. Past returns do not promise future returns.
Navi Liquid vs Quantum 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 21-02-2010 to 30-10-2026: 201 instalments, ₹20,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Navi LiquidNavi Liquid Fund (Regular) | ₹20,10,000 | ₹35,37,162 | ₹15,27,162 | 6.4% |
| Quantum LiquidQuantum Liquid Fund (Direct) | ₹20,10,000 | ₹34,61,757 | ₹14,51,757 | 6.2% |
Navi LiquidNavi Liquid Fund (Regular)
Quantum LiquidQuantum 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 Quantum 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) | Quantum Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.69% | +5.90% |
| Standard deviation | 0.12% | 0.12% |
| Sharpe ratio | 3.85 | 5.57 |
| Sortino ratio | 8.99 | 13.02 |
| Maximum drawdown | 0.0% | −0.0% (15-10-2026) |
| 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) | Quantum Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.31% | +6.47% |
| Standard deviation | 0.15% | 0.09% |
| Sharpe ratio | 1.85 | 4.74 |
| Sortino ratio | 4.67 | 10.61 |
| Maximum drawdown | 0.0% | −0.0% (15-10-2026) |
| 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) | Quantum Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.07% | +6.07% |
| Standard deviation | 0.15% | 0.10% |
| Sharpe ratio | 1.74 | 2.65 |
| Sortino ratio | 3.94 | 4.36 |
| 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) | Quantum Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.00% | +6.66% |
| Standard deviation | 0.22% | 0.29% |
| Sharpe ratio | 3.29 | 1.31 |
| Sortino ratio | 7.58 | 2.10 |
| Maximum drawdown | −0.1% (16-07-2013) | −0.6% (27-03-2019) |
| 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)
Quantum 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) | −0.4% | 28-03-2010 | 07-04-2010 | 16-05-2010 | 39 days | 0.0% |
| Quantum Liquid Fund (Direct) | −0.6% | 26-03-2019 | 27-03-2019 | 26-04-2019 | 30 days | 0.0% |
From daily values since 21-02-2010, 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)
Quantum 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)
Quantum 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)
Quantum Liquid Fund (Direct)
Navi Liquid vs Quantum Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Navi Liquid Fund, September 2026; Quantum Liquid Fund, September 2026
Holdings in common
- Overlap
- 11.6%
- Held by both
- 4
- Only in Navi Liquid
- 12
- Only in Quantum Liquid
- 15
| Security | % of Navi Liquid | % of Quantum Liquid |
|---|---|---|
| PUNJAB NATIONAL BANK (15/12/2026) | 4.84% | 8.19% |
| 91 DAYS TREASURY BILL 05-NOV-2026 | 6.10% | 4.58% |
| 91 DAYS TREASURY BILL 01-OCT-2026 | 6.13% | 1.84% |
| % SBI FUNDS MANAGEMENT LTD () | 0.59% | 0.34% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.6% means 11.6% 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 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% |
| BANK OF BARODA (06/11/2026) | 7.31% |
| 7.91% SUNDARAM HOME FINANCE LTD (27/11/2026) | 6.14% |
| 7.95% SIKKA PORTS & TERMINALS LIMITED (28/10/2026) | 6.14% |
Largest holdings only in Quantum Liquid Fund
| Security | % of fund |
|---|---|
| National Bank For Agri & Rural CP (MD 09/11/2026) | 9.15% |
| 91 Days Tbill (MD 17/12/2026) | 9.11% |
| 7.23% IRFC NCD Sr 171 (MD 15/10/2026) | 7.37% |
| 91 Days Tbill (MD 08/10/2026) | 5.52% |
| Canara Bank CD (MD 05/10/2026) | 4.60% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Navi Liquid | Quantum Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.6% | 90.6% |
| Cash and others | 5.4% | 9.4% |
Navi Liquid vs Quantum Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Navi Liquid Fund | Quantum Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.26% | 0.15% |
| Base expense ratio (Direct) | 0.22% | 0.13% |
| Total expense ratio (Regular) | 0.32% | 0.26% |
| Base expense ratio (Regular) | 0.27% | 0.22% |
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 Quantum Liquid Fund: Frequently Asked Questions
What is the difference between Navi Liquid Fund and Quantum Liquid Fund?
Both are Liquid funds, run by Navi Mutual Fund and Quantum Mutual Fund. Their portfolios overlap 11.6%. Navi Liquid Fund charges 0.26% a year and Quantum Liquid Fund 0.15%.
Which has given higher returns, Navi Liquid Fund or Quantum Liquid Fund?
Over 1 year: Navi Liquid Fund 0.00%, Quantum Liquid Fund +5.90%. Over 3 years: Navi Liquid Fund 0.00% a year, Quantum Liquid Fund +6.47% a year. Over 5 years: Navi Liquid Fund 0.00% a year, Quantum Liquid Fund +6.07% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Navi Liquid Fund or Quantum Liquid Fund?
Quantum Liquid Fund charges less: 0.15% a year against 0.26%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Navi Liquid Fund and Quantum Liquid Fund overlap?
11.6%. They hold 4 of the same securities, the largest shared ones being PUNJAB NATIONAL BANK (15/12/2026), 91 DAYS TREASURY BILL 05-NOV-2026, 91 DAYS TREASURY BILL 01-OCT-2026. From each fund's latest monthly portfolio.
Which is riskier, Navi Liquid Fund or Quantum Liquid Fund?
On SEBI's riskometer, Navi Liquid Fund is rated Low to Moderate and Quantum Liquid Fund Low. Over 3 years, the standard deviation of daily returns was 0.15% and 0.09% a year.
Which is better for SIP, Navi Liquid Fund or Quantum 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 ₹7,17,261 in Quantum Liquid Fund (XIRR 6.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Navi Liquid Fund and Quantum Liquid Fund?
Yes. 11.6% 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 Quantum Liquid Fund?
Navi Liquid Fund: Tanmay Sethi. Quantum Liquid Fund: Sneha Pandey, Mayur Chauhan.
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.