Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Index Fund - Nifty 50 Plan is a mutual fund and Quantum Multi Asset Allocation Fund is a Multi Asset fund. In the year to 30-10-2026, Nippon India Index Fund - Nifty 50 Plan (Direct) returned −10.1% and Quantum Multi Asset Allocation Fund (Direct) returned −3.0%. Nippon India Index Fund - Nifty 50 Plan charges 0.15% a year and Quantum Multi Asset Allocation Fund 0.44% (Direct plans). Their portfolios overlap 33.9%: they hold 29 of the same securities.
Nippon India Index Fund - Nifty 50 Plan
- 1 year return
- −10.1%
- Expense ratio
- 0.15%
- NAV
- ₹42.61
Quantum Multi Asset Allocation Fund
Multi Asset
- 1 year return
- −3.0%
- Expense ratio
- 0.44%
- NAV
- ₹11.89
Which is better, Nippon India Index Fund - Nifty 50 Plan or Quantum Multi Asset Allocation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quantum Multi Asset Allocation returned more over 1 year: −3.0% against −10.1%.
- Nippon India Index Fund - Nifty 50 Plan costs less: 0.15% a year against 0.44% (Direct plans).
- Quantum Multi Asset Allocation fell less in its worst fall since 07-03-2024: −10.5% against −15.5%.
- Nippon India Index Fund - Nifty 50 Plan holds more in large companies: 98.9% of the fund in large caps against 36.9%.
- Nippon India Index Fund - Nifty 50 Plan is the larger fund: ₹3,461 Cr against ₹54 Cr.
- Their portfolios overlap 33.9%: 29 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 | Nippon India Index Fund - Nifty 50 Plan | Quantum Multi Asset Allocation Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Quantum Mutual Fund |
| Category | Not available | Multi Asset |
| AUM | ₹3,461 Cr (30-09-2026) | ₹54 Cr (30-09-2026) |
| NAV | ₹42.61 (Direct) | ₹11.89 (Direct) |
| Expense ratio (Direct) | 0.15% | 0.44% |
| Expense ratio (Regular) | 0.49% | 2.03% |
| Riskometer | Not available | High |
| Benchmark | Not available | 40% NIFTY 50 TRI + 45% Nifty Composite Debt Index A – III + 15% Domestic Price of Gold |
| Launch date | Not available | 07-03-2024 |
| Minimum investment | Not available | ₹500 |
| Lock in | Not available | None |
| Fund managers | Not available | Chirag Mehta, Sneha Pandey, Mansi Vasa |
| Exit load | Not available | NIL - if redeemed or switch out after 90 days from the date of allotment of units, 1.00% - if redeemed or switch out on or before 90 days from the date of allotment of units. |
Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation: 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 |
|---|---|---|---|---|---|---|---|
| Nippon India Index Fund - Nifty 50 Plan (Direct) | +1.94% | −5.04% | −3.18% | −10.09% | +7.43% | +6.47% | +11.27% |
| Quantum Multi Asset Allocation Fund (Direct) | 0.00% | −3.80% | −2.22% | −3.02% | -- | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | -- | -- | -- |
Category average: the average of the 37 Multi Asset funds, same plan type.
Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation: Year-wise Returns
| Year | Nippon India Index Fund - Nifty 50 PlanNippon India Index Fund - Nifty 50 Plan | Quantum Multi Asset AllocationQuantum Multi Asset Allocation |
|---|---|---|
| 2026to date | −10.98% | −5.03% |
| 2025 | +11.73% | +14.76% |
| 2024 | +9.79% | -- |
| 2023 | +21.00% | -- |
| 2022 | +5.39% | -- |
| 2021 | +25.21% | -- |
Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of Nippon India Index Fund - Nifty 50 Plan
Rolling returns
Every 1-year holding period, 405 of them, one for each trading day from 07-03-2025 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.
Nippon India Index Fund - Nifty 50 Plan (Direct)
Quantum Multi Asset Allocation Fund (Direct)
Nifty 50 TRI
to
Apr 2025Aug 2024
to
Aug 2025Nov 2024
to
Nov 2025Feb 2025
to
Feb 2026Jun 2025
to
Jun 2026Sept 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Index Fund - Nifty 50 Plan | 34.8 | 21.7 | 26.2 | 17.3 | 0.0 | 0.0 | 0.0 | 3.1% | 2.8% | −11.8% | 14.2% | 0% |
| Quantum Multi Asset Allocation | 4.9 | 16.3 | 33.6 | 36.0 | 9.1 | 0.0 | 0.0 | 8.9% | 9.2% | −4.2% | 18.3% | 100% |
| Nifty 50 TRI | 33.8 | 22.2 | 25.2 | 18.8 | 0.0 | 0.0 | 0.0 | 3.2% | 3.0% | −11.8% | 14.3% | -- |
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 Nifty 50 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 07-03-2024. Past returns do not promise future returns.
Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation: 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 01-03-2024 to 30-10-2026: 32 instalments, ₹3,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Index Fund - Nifty 50 PlanNippon India Index Fund - Nifty 50 Plan (Direct) | ₹3,20,000 | ₹3,10,272 | −₹9,728 | −2.2% |
| Quantum Multi Asset AllocationQuantum Multi Asset Allocation Fund (Direct) | ₹3,20,000 | ₹3,32,533 | ₹12,533 | 2.8% |
Nippon India Index Fund - Nifty 50 PlanNippon India Index Fund - Nifty 50 Plan (Direct)
Quantum Multi Asset AllocationQuantum Multi Asset Allocation 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.
Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Index Fund - Nifty 50 Plan (Direct) | Quantum Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.09% | −3.02% |
| Standard deviation | 13.60% | 9.71% |
| Sharpe ratio | -1.13 | -0.85 |
| Sortino ratio | -1.51 | -1.12 |
| Maximum drawdown | −15.1% (30-03-2026) | −10.5% (23-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.12% | -- |
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 | Nippon India Index Fund - Nifty 50 Plan (Direct) | Quantum Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.12% | +6.76% |
| Standard deviation | 15.76% | 7.63% |
| Sharpe ratio | 0.32 | 0.11 |
| Sortino ratio | 0.44 | 0.15 |
| Maximum drawdown | −38.2% (23-03-2020) | −10.5% (23-03-2026) |
| Beta | 0.99 | -- |
| Alpha | −0.41% | -- |
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.
Nippon India Index Fund - Nifty 50 Plan (Direct)
Quantum Multi Asset Allocation Fund (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Index Fund - Nifty 50 Plan (Direct) | −15.5% | 26-09-2024 | 04-03-2025 | 27-10-2025 | 8 months | −11.7% |
| Quantum Multi Asset Allocation Fund (Direct) | −10.5% | 29-01-2026 | 23-03-2026 | Not yet | -- | −8.3% |
| Nifty 50 TRI | −15.4% | 26-09-2024 | 04-03-2025 | 23-10-2025 | 8 months | −11.6% |
From daily values since 07-03-2024, 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.
Nippon India Index Fund - Nifty 50 Plan (Direct)
Quantum Multi Asset Allocation Fund (Direct)
Nifty 50 TRI
Against Nifty 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India Index Fund - Nifty 50 Plan (Direct) | 99% | 100% | 0.05% |
| Quantum Multi Asset Allocation Fund (Direct) | 62% | 32% | 7.60% |
From month-end values since 07-03-2024. 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.
Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Index Fund - Nifty 50 Plan, September 2026; Quantum Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 33.9%
- Held by both
- 29
- Only in Nippon India Index Fund - Nifty 50 Plan
- 21
- Only in Quantum Multi Asset Allocation
- 18
| Security | % of Nippon India Index Fund - Nifty 50 Plan | % of Quantum Multi Asset Allocation |
|---|---|---|
| HDFC Bank Limited | 10.40% | 4.45% |
| ICICI Bank Limited | 9.07% | 4.44% |
| Kotak Mahindra Bank Limited | 2.94% | 2.76% |
| Infosys Limited | 3.36% | 2.46% |
| Axis Bank Limited | 3.38% | 2.13% |
| Tata Consultancy Services Limited | 2.00% | 2.63% |
| State Bank of India | 3.80% | 1.88% |
| Bajaj Finance Limited | 2.51% | 1.34% |
| Bharti Airtel Limited | 5.12% | 1.27% |
| Tech Mahindra Limited | 0.93% | 0.83% |
| Mahindra & Mahindra Limited | 2.52% | 0.78% |
| HCL Technologies Limited | 1.24% | 0.75% |
| Cipla Limited | 0.73% | 1.49% |
| Dr. Reddy's Laboratories Limited | 0.72% | 1.18% |
| Titan Company Limited | 1.82% | 0.68% |
| Tata Steel Limited | 1.46% | 0.68% |
| Bajaj Auto Limited | 1.14% | 0.66% |
| Hindustan Unilever Limited | 1.60% | 0.65% |
| Maruti Suzuki India Limited | 1.49% | 0.63% |
| NTPC Limited | 1.47% | 0.61% |
| HDFC Life Insurance Company Limited | 0.54% | 2.02% |
| Bajaj Finserv Limited | 0.96% | 0.53% |
| Asian Paints Limited | 1.04% | 0.45% |
| Power Grid Corporation of India Limited | 1.13% | 0.42% |
| Nestle India Limited | 0.90% | 0.39% |
| Eicher Motors Limited | 0.94% | 0.36% |
| SBI Life Insurance Company Limited | 0.73% | 0.35% |
| Tata Consumer Products Limited | 0.59% | 0.20% |
| Tata Motors Passenger Vehicles Limited | 0.57% | 0.17% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 33.9% means 33.9% 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 Nippon India Index Fund - Nifty 50 Plan
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 7.60% |
| Larsen & Toubro Limited | 4.21% |
| ITC Limited | 2.43% |
| Eternal Limited | 2.22% |
| Sun Pharmaceutical Industries Limited | 1.84% |
Largest holdings only in Quantum Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| 6.89% Tamilnadu SDL (MD 19/09/2028) | 18.33% |
| Quantum Gold ETF | 17.01% |
| 6.55% Tamilnadu SDL (MD 19/11/2029) | 9.01% |
| Nuvoco Vistas Corporation Ltd | 1.93% |
| Container Corporation of India Ltd | 1.90% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Index Fund - Nifty 50 Plan | Quantum Multi Asset Allocation |
|---|---|---|
| Equity | 100.2% | 53.8% |
| Debt | 0.0% | 28.2% |
| Cash and others | -0.2% | 18.0% |
Market cap of stocks
| Market cap | Nippon India Index Fund - Nifty 50 Plan | Quantum Multi Asset Allocation |
|---|---|---|
| Large Cap | 98.9% | 36.9% |
| Mid Cap | 1.4% | 11.1% |
| Small Cap | 0.0% | 5.7% |
| Not on AMFI's list | 0.0% | 0.1% |
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 | Nippon India Index Fund - Nifty 50 Plan | Quantum Multi Asset Allocation |
|---|---|---|
| Banks | 29.6% | 16.9% |
| Petroleum Products | 7.6% | 0.0% |
| IT - Software | 7.5% | 7.3% |
| Automobiles | 6.7% | 4.4% |
| Finance | 5.5% | 3.9% |
| Telecom - Services | 5.1% | 1.3% |
| Insurance | 1.3% | 5.0% |
| Consumer Durables | 2.9% | 2.9% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Index Fund - Nifty 50 Plan | Quantum Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.15% | 0.44% |
| Base expense ratio (Direct) | 0.06% | 0.34% |
| Total expense ratio (Regular) | 0.49% | 2.03% |
| Base expense ratio (Regular) | 0.35% | 1.69% |
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 Quantum Multi Asset Allocation with
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Nippon India Index Fund - Nifty 50 Plan vs Quantum Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between Nippon India Index Fund - Nifty 50 Plan and Quantum Multi Asset Allocation Fund?
Nippon India Index Fund - Nifty 50 Plan is a mutual fund, Quantum Multi Asset Allocation Fund is a Multi Asset fund, run by Nippon India Mutual Fund and Quantum Mutual Fund. Their portfolios overlap 33.9%. Nippon India Index Fund - Nifty 50 Plan charges 0.15% a year and Quantum Multi Asset Allocation Fund 0.44%.
Which has given higher returns, Nippon India Index Fund - Nifty 50 Plan or Quantum Multi Asset Allocation Fund?
Over 1 year: Nippon India Index Fund - Nifty 50 Plan −10.09%, Quantum Multi Asset Allocation Fund −3.02%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Index Fund - Nifty 50 Plan or Quantum Multi Asset Allocation Fund?
Nippon India Index Fund - Nifty 50 Plan charges less: 0.15% a year against 0.44%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Index Fund - Nifty 50 Plan and Quantum Multi Asset Allocation Fund overlap?
33.9%. They hold 29 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Can I invest in both Nippon India Index Fund - Nifty 50 Plan and Quantum Multi Asset Allocation Fund?
Yes. 33.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.