Nippon India Multi Cap Fund vs Quant Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Multi Cap Fund and Quant Multi Cap Fund are both Multi Cap funds. In the 3 years to 30-10-2026, Nippon India Multi Cap Fund (Direct) returned 11.9% a year and Quant Multi Cap Fund (Direct) returned 9.5% a year. Nippon India Multi Cap Fund charges 0.89% a year and Quant Multi Cap Fund 1.03% (Direct plans). Their portfolios overlap 5.6%: they hold 11 of the same securities.
Nippon India Multi Cap Fund
Multi Cap
- 3 year return
- 11.9%
- Expense ratio
- 0.89%
- NAV
- ₹309.72
Which is better, Nippon India Multi Cap or Quant Multi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Multi Cap returned more over 5 years: 14.9% a year against 10.3%.
- Nippon India Multi Cap returned more over 3 years: 11.9% a year against 9.5%.
- Nippon India Multi Cap costs less: 0.89% a year against 1.03% (Direct plans).
- Nippon India Multi Cap swung less over 3 years: a standard deviation of 14.3% a year against 16.9%.
- Quant Multi Cap fell less in its worst fall since 07-01-2013: −36.3% against −42.8%.
- Nippon India Multi Cap holds more in large companies: 43.5% of the fund in large caps against 24.1%.
- Nippon India Multi Cap is the larger fund: ₹53,767 Cr against ₹7,501 Cr.
- Their portfolios overlap 5.6%: 11 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 Multi Cap Fund | Quant Multi Cap Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | quant Mutual Fund |
| Category | Multi Cap | Multi Cap |
| AUM | ₹53,767 Cr (30-09-2026) | ₹7,501 Cr (30-09-2026) |
| NAV | ₹309.72 (Direct) | ₹690.75 (Direct) |
| Expense ratio (Direct) | 0.89% | 1.03% |
| Expense ratio (Regular) | 1.62% | 2.12% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 28-03-2005 | 04-05-2002 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sailesh Raj Bhan, Yatin Matta | Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate |
| Exit load | For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months. | Exit load of 1%, if redeemed within 15 days. |
Nippon India Multi Cap vs Quant Multi Cap: 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 Multi Cap Fund (Direct) | −3.06% | −7.39% | −5.16% | −8.14% | +11.87% | +14.92% | +14.86% |
| Quant Multi Cap Fund (Direct) | −3.76% | −4.61% | +1.72% | −0.28% | +9.50% | +10.35% | +17.08% |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | +12.56% | +14.55% |
Category average: the average of the 33 Multi Cap funds, same plan type.
Nippon India Multi Cap vs Quant Multi Cap: Year-wise Returns
| Year | Nippon IndiaNippon India Multi Cap | QuantQuant Multi Cap | Nifty500 Multicap 50:25:25 TRI |
|---|---|---|---|
| 2026to date | −6.44% | +3.58% | −5.56% |
| 2025 | +4.88% | −3.86% | +5.29% |
| 2024 | +26.85% | +13.05% | +19.34% |
| 2023 | +39.15% | +26.30% | +33.74% |
| 2022 | +14.97% | +12.09% | +2.84% |
| 2021 | +49.87% | +58.68% | +40.62% |
Nippon India Multi Cap vs Quant Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,663 of them, one for each trading day from 07-01-2016 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.
Nippon India Multi Cap Fund (Direct)
Quant Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
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 | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Multi Cap | 6.6 | 2.2 | 14.2 | 20.5 | 18.3 | 17.2 | 21.1 | 17.3% | 16.9% | −8.9% | 42.6% | 100% |
| Quant Multi Cap | 0.5 | 1.8 | 5.6 | 35.7 | 10.8 | 8.8 | 36.8 | 20.8% | 17.4% | −4.5% | 50.8% | 32% |
| Nifty500 Multicap 50:25:25 TRI | 0.0 | 0.0 | 0.0 | 12.7 | 49.4 | 36.3 | 1.5 | 19.0% | 18.9% | 10.1% | 26.3% | -- |
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 Nifty500 Multicap 50:25:25 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 07-01-2013. Past returns do not promise future returns.
Nippon India Multi Cap vs Quant Multi Cap: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Multi CapNippon India Multi Cap Fund (Direct) | ₹16,60,000 | ₹52,34,670 | ₹35,74,670 | 15.3% |
| Quant Multi CapQuant Multi Cap Fund (Direct) | ₹16,60,000 | ₹63,11,630 | ₹46,51,630 | 17.7% |
Nippon India Multi CapNippon India Multi Cap Fund (Direct)
Quant Multi CapQuant Multi Cap 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 Multi Cap vs Quant Multi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Multi Cap Fund (Direct) | Quant Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.14% | −0.28% |
| Standard deviation | 14.29% | 15.52% |
| Sharpe ratio | -0.94 | -0.36 |
| Sortino ratio | -1.24 | -0.48 |
| Maximum drawdown | −13.1% (31-03-2026) | −15.0% (30-03-2026) |
| Beta | 0.94 | 0.96 |
| Alpha | −2.81% | +5.31% |
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 Multi Cap Fund (Direct) | Quant Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.87% | +9.50% |
| Standard deviation | 14.32% | 16.90% |
| Sharpe ratio | 0.41 | 0.21 |
| Sortino ratio | 0.55 | 0.27 |
| Maximum drawdown | −18.6% (03-03-2025) | −25.3% (03-03-2025) |
| Beta | 0.93 | 1.05 |
| Alpha | +0.99% | −2.03% |
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 | Nippon India Multi Cap Fund (Direct) | Quant Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.92% | +10.35% |
| Standard deviation | 14.54% | 17.35% |
| Sharpe ratio | 0.63 | 0.26 |
| Sortino ratio | 0.84 | 0.35 |
| Maximum drawdown | −18.6% (03-03-2025) | −25.3% (03-03-2025) |
| Beta | 0.94 | 1.08 |
| Alpha | +4.68% | −0.54% |
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 | Nippon India Multi Cap Fund (Direct) | Quant Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.98% | +17.57% |
| Standard deviation | 16.54% | 16.96% |
| Sharpe ratio | 0.54 | 0.68 |
| Sortino ratio | 0.73 | 0.92 |
| Maximum drawdown | −42.8% (23-03-2020) | −36.3% (23-03-2020) |
| 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.
Nippon India Multi Cap Fund (Direct)
Quant Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Multi Cap Fund (Direct) | −42.8% | 27-05-2019 | 23-03-2020 | 12-01-2021 | 10 months | −9.2% |
| Quant Multi Cap Fund (Direct) | −36.3% | 31-10-2019 | 23-03-2020 | 23-07-2020 | 4 months | −12.4% |
| Nifty500 Multicap 50:25:25 TRI | −19.8% | 26-09-2024 | 03-03-2025 | 03-08-2026 | 17 months | −8.0% |
From daily values since 07-01-2013, 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.
Nippon India Multi Cap Fund (Direct)
Quant Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 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.
Nippon India Multi Cap Fund (Direct)
Quant Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
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.
Nippon India Multi Cap Fund (Direct)
Quant Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India Multi Cap Fund (Direct) | 104% | 76% | 5.44% |
| Quant Multi Cap Fund (Direct) | 109% | 104% | 7.33% |
From month-end values since 07-01-2013. 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 Multi Cap vs Quant Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Multi Cap Fund, September 2026; Quant Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 5.6%
- Held by both
- 11
- Only in Nippon India Multi Cap
- 109
- Only in Quant Multi Cap
- 54
| Security | % of Nippon India Multi Cap | % of Quant Multi Cap |
|---|---|---|
| Samvardhana Motherson International Limited | 1.70% | 3.81% |
| LG Electronics India Ltd | 0.92% | 3.08% |
| Colgate Palmolive (India) Limited | 0.90% | 0.87% |
| Divi's Laboratories Limited | 1.15% | 0.65% |
| Aditya Birla Lifestyle Brands Limited | 0.60% | 0.51% |
| 3M India Limited | 0.34% | 0.31% |
| Pfizer Limited | 0.26% | 0.28% |
| Info Edge (India) Limited | 0.56% | 0.16% |
| Container Corporation of India Limited | 0.50% | 0.09% |
| GlaxoSmithKline Pharmaceuticals Limited | 0.06% | 0.34% |
| Aditya Birla Fashion and Retail Limited | 0.04% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 5.6% means 5.6% 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 Nippon India Multi Cap Fund
| Security | % of fund |
|---|---|
| HDFC Bank Limited | 7.06% |
| Axis Bank Limited | 5.07% |
| Infosys Limited | 3.06% |
| ICICI Bank Limited | 2.97% |
| Linde India Limited | 1.79% |
Largest holdings only in Quant Multi Cap Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 11.29% |
| Aurobindo Pharma Limited | 9.49% |
| Adani Power Limited | 5.12% |
| Adani Enterprises Limited | 4.63% |
| JSW Infrastructure Limited | 4.19% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Multi Cap | Quant Multi Cap |
|---|---|---|
| Equity | 99.3% | 84.5% |
| Debt | 0.0% | 15.3% |
| Cash and others | 0.7% | 0.2% |
Market cap of stocks
| Market cap | Nippon India Multi Cap | Quant Multi Cap |
|---|---|---|
| Large Cap | 43.5% | 24.1% |
| Mid Cap | 29.5% | 29.6% |
| Small Cap | 26.3% | 30.8% |
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 Multi Cap | Quant Multi Cap |
|---|---|---|
| N.A. | 0.0% | 84.5% |
| Banks | 17.6% | 0.0% |
| Retailing | 9.9% | 0.0% |
| Pharmaceuticals & Biotechnology | 7.9% | 0.0% |
| Consumer Durables | 6.9% | 0.0% |
| Leisure Services | 5.8% | 0.0% |
| Electrical Equipment | 5.0% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Multi Cap vs Quant Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Multi Cap Fund | Quant Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.89% | 1.03% |
| Base expense ratio (Direct) | 0.60% | 0.62% |
| Total expense ratio (Regular) | 1.62% | 2.12% |
| Base expense ratio (Regular) | 1.23% | 1.55% |
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 Nippon India Multi Cap with
Nippon India Multi Cap Fund vs Quant Multi Cap Fund: Frequently Asked Questions
What is the difference between Nippon India Multi Cap Fund and Quant Multi Cap Fund?
Both are Multi Cap funds, run by Nippon India Mutual Fund and quant Mutual Fund. Their portfolios overlap 5.6%. Nippon India Multi Cap Fund charges 0.89% a year and Quant Multi Cap Fund 1.03%.
Which has given higher returns, Nippon India Multi Cap Fund or Quant Multi Cap Fund?
Over 1 year: Nippon India Multi Cap Fund −8.14%, Quant Multi Cap Fund −0.28%. Over 3 years: Nippon India Multi Cap Fund +11.87% a year, Quant Multi Cap Fund +9.50% a year. Over 5 years: Nippon India Multi Cap Fund +14.92% a year, Quant Multi Cap Fund +10.35% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Multi Cap Fund or Quant Multi Cap Fund?
Nippon India Multi Cap Fund charges less: 0.89% a year against 1.03%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Multi Cap Fund and Quant Multi Cap Fund overlap?
5.6%. They hold 11 of the same securities, the largest shared ones being MOTHERSON, LGEINDIA, COLPAL. From each fund's latest monthly portfolio.
Which is riskier, Nippon India Multi Cap Fund or Quant Multi Cap Fund?
On SEBI's riskometer, Nippon India Multi Cap Fund is rated Very High and Quant Multi Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 14.32% and 16.90% a year.
Which is better for SIP, Nippon India Multi Cap Fund or Quant Multi Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,13,687 in Nippon India Multi Cap Fund (XIRR 11.3% a year) and ₹7,47,492 in Quant Multi Cap Fund (XIRR 7.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India Multi Cap Fund and Quant Multi Cap Fund?
Yes. 5.6% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Nippon India Multi Cap Fund and Quant Multi Cap Fund?
Nippon India Multi Cap Fund: Sailesh Raj Bhan, Yatin Matta. Quant Multi Cap Fund: Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate.
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.