quant BFSI Fund vs quant Large Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
quant BFSI Fund is a Thematic fund and quant Large Cap Fund is a Large Cap fund. In the 3 years to 30-10-2026, quant BFSI Fund (Direct) returned 17.6% a year and quant Large Cap Fund (Direct) returned 13.6% a year. quant BFSI Fund charges 2.03% a year and quant Large Cap Fund 1.47% (Direct plans). Their portfolios overlap 29.1%: they hold 14 of the same securities.
Which is better, quant BFSI or quant Large Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- quant BFSI returned more over 3 years: 17.6% a year against 13.6%.
- quant BFSI returned more over 1 year: −0.3% against −0.9%.
- quant Large Cap costs less: 1.47% a year against 2.03% (Direct plans).
- quant Large Cap swung less over 3 years: a standard deviation of 15.9% a year against 19.0%.
- quant Large Cap fell less in its worst fall since 21-06-2023: −21.1% against −22.3%.
- quant Large Cap holds more in large companies: 55.6% of the fund in large caps against 21.8%.
- quant Large Cap is the larger fund: ₹3,669 Cr against ₹894 Cr.
- Their portfolios overlap 29.1%: 14 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 | quant BFSI Fund | quant Large Cap Fund |
|---|---|---|
| Fund house | quant Mutual Fund | quant Mutual Fund |
| Category | Thematic | Large Cap |
| AUM | ₹894 Cr (30-09-2026) | ₹3,669 Cr (30-09-2026) |
| NAV | ₹19.14 (Direct) | ₹16.17 (Direct) |
| Expense ratio (Direct) | 2.03% | 1.47% |
| Expense ratio (Regular) | 3.59% | 2.88% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty 100 TRI |
| Launch date | 06-08-2024 | 10-08-2022 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma | Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma |
| Exit load | Exit load of 1%, if redeemed within 15 days. | Exit load of 1%, if redeemed within 15 days. |
quant BFSI vs quant Large 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 |
|---|---|---|---|---|---|---|---|
| quant BFSI Fund (Direct) | −8.20% | −10.98% | −2.68% | −0.26% | +17.63% | -- | -- |
| quant Large Cap Fund (Direct) | −0.85% | −4.13% | +2.86% | −0.87% | +13.55% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | -- | -- |
Category average: the average of the 235 Thematic funds and the 35 Large Cap funds, same plan type.
quant BFSI vs quant Large Cap: Year-wise Returns
| Year | BFSIquant BFSI | Large Capquant Large Cap |
|---|---|---|
| 2026to date | −5.13% | +0.76% |
| 2025 | +26.50% | +5.30% |
| 2024 | +14.77% | +15.92% |
| 2023 | -- | +28.92% |
quant BFSI vs quant Large Cap: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of quant BFSI Fund
Rolling returns
Every 3-year holding period, 89 of them, one for each trading day from 22-06-2026 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.
quant BFSI Fund (Direct)
quant Large Cap Fund (Direct)
Nifty Financial Services TRI
to
Jul 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| quant BFSI | 0.0 | 0.0 | 0.0 | 0.0 | 14.6 | 47.2 | 38.2 | 23.8% | 23.7% | 17.6% | 28.8% | 100% |
| quant Large Cap | 0.0 | 0.0 | 0.0 | 52.8 | 47.2 | 0.0 | 0.0 | 14.6% | 14.9% | 11.8% | 17.2% | 100% |
| Nifty Financial Services TRI | 0.0 | 0.0 | 44.9 | 55.1 | 0.0 | 0.0 | 0.0 | 10.2% | 10.4% | 7.9% | 12.2% | -- |
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 Financial Services 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 21-06-2023. Past returns do not promise future returns.
quant BFSI vs quant Large 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 21-06-2023 to 30-10-2026: 41 instalments, ₹4,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| quant BFSIquant BFSI Fund (Direct) | ₹4,10,000 | ₹4,89,404 | ₹79,404 | 10.4% |
| quant Large Capquant Large Cap Fund (Direct) | ₹4,10,000 | ₹4,58,684 | ₹48,684 | 6.5% |
quant BFSIquant BFSI Fund (Direct)
quant Large Capquant Large 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.
quant BFSI vs quant Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | quant BFSI Fund (Direct) | quant Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.26% | −0.87% |
| Standard deviation | 18.22% | 16.71% |
| Sharpe ratio | -0.30 | -0.37 |
| Sortino ratio | -0.42 | -0.51 |
| Maximum drawdown | −15.4% (23-03-2026) | −15.6% (30-03-2026) |
| Beta | 0.85 | 1.07 |
| Alpha | +6.47% | +8.82% |
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 | quant BFSI Fund (Direct) | quant Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.63% | +13.55% |
| Standard deviation | 19.02% | 15.90% |
| Sharpe ratio | 0.61 | 0.47 |
| Sortino ratio | 0.83 | 0.66 |
| Maximum drawdown | −22.3% (03-03-2025) | −21.1% (04-03-2025) |
| Beta | 0.87 | 1.03 |
| Alpha | +8.35% | +4.38% |
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 | quant BFSI Fund (Direct) | quant Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +21.28% | +12.04% |
| Standard deviation | 18.46% | 15.08% |
| Sharpe ratio | 0.82 | 0.39 |
| Sortino ratio | 1.13 | 0.54 |
| Maximum drawdown | −22.3% (03-03-2025) | −21.1% (04-03-2025) |
| Beta | 0.86 | 1.03 |
| Alpha | +13.47% | +3.77% |
From daily NAVs, 21-06-2023 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.
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.
quant BFSI Fund (Direct)
quant Large Cap Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| quant BFSI Fund (Direct) | −22.3% | 27-09-2024 | 03-03-2025 | 14-07-2025 | 4 months | −13.8% |
| quant Large Cap Fund (Direct) | −21.1% | 27-09-2024 | 04-03-2025 | 06-07-2026 | 16 months | −6.1% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 21-06-2023, 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.
quant BFSI Fund (Direct)
quant Large Cap Fund (Direct)
Nifty Financial Services 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.
quant BFSI Fund (Direct)
quant Large Cap Fund (Direct)
Nifty Financial Services TRI
Against Nifty Financial Services TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| quant BFSI Fund (Direct) | 106% | 28% | 15.57% |
| quant Large Cap Fund (Direct) | 107% | 74% | 11.76% |
From month-end values since 21-06-2023. 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.
quant BFSI vs quant Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: quant BFSI Fund, September 2026; quant Large Cap Fund, September 2026
Holdings in common
- Overlap
- 29.1%
- Held by both
- 14
- Only in quant BFSI
- 8
- Only in quant Large Cap
- 13
| Security | % of quant BFSI | % of quant Large Cap |
|---|---|---|
| ICICI Prudential AMC Ltd | 10.28% | 9.90% |
| TREPS 01-Oct-2026 DEPO 10 | 8.17% | 24.19% |
| Capri Global Capital Limited | 9.60% | 3.96% |
| Life Insurance Corporation Of India | 9.52% | 1.14% |
| 91 Days Treasury Bill 05-Nov-2026 | 0.72% | 0.75% |
| 91 Days Treasury Bill 19-Nov-2026 | 0.72% | 0.68% |
| 91 Days Treasury Bill 03-Dec-2026 | 0.72% | 0.68% |
| 91 Days Treasury Bill 17-Dec-2026 | 0.72% | 0.67% |
| 91 Days Treasury Bill 24-Dec-2026 | 0.77% | 0.67% |
| 91 Days Treasury Bill 29-Oct-2026 | 0.78% | 0.65% |
| 91 Days Treasury Bill 22-Oct-2026 | 0.78% | 0.54% |
| 91 Days Treasury Bill 10-Dec-2026 | 0.78% | 0.54% |
| 91 Days Treasury Bill 15-Oct-2026 | 0.67% | 0.41% |
| 91 Days Treasury Bill 27-Nov-2026 | 0.78% | 0.41% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.1% means 29.1% 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 quant BFSI Fund
| Security | % of fund |
|---|---|
| LIC Housing Finance Ltd | 9.18% |
| Nippon Life India Asset Management Ltd | 9.12% |
| Piramal Finance Ltd | 9.05% |
| Manappuram Finance Ltd | 8.67% |
| Karnataka Bank Ltd | 5.24% |
Largest holdings only in quant Large Cap Fund
| Security | % of fund |
|---|---|
| Adani Green Energy Limited | 8.48% |
| Adani Enterprises Limited | 8.17% |
| Divi's Laboratories Limited | 7.43% |
| LG Electronics India Limited | 7.39% |
| Samvardhana Motherson International Ltd | 4.53% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | quant BFSI | quant Large Cap |
|---|---|---|
| Equity | 78.7% | 69.7% |
| Debt | 15.6% | 30.7% |
| Cash and others | 5.6% | -0.4% |
Market cap of stocks
| Market cap | quant BFSI | quant Large Cap |
|---|---|---|
| Large Cap | 21.8% | 55.6% |
| Mid Cap | 19.3% | 10.2% |
| Small Cap | 37.6% | 4.0% |
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 | quant BFSI | quant Large Cap |
|---|---|---|
| N.A. | 78.7% | 69.7% |
The six largest sectors of each fund's stocks, % of the fund.
quant BFSI vs quant Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | quant BFSI Fund | quant Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.03% | 1.47% |
| Base expense ratio (Direct) | 0.68% | 0.45% |
| Total expense ratio (Regular) | 3.59% | 2.88% |
| Base expense ratio (Regular) | 2.00% | 1.65% |
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 quant BFSI with
quant BFSI Fund vs quant Large Cap Fund: Frequently Asked Questions
What is the difference between quant BFSI Fund and quant Large Cap Fund?
quant BFSI Fund is a Thematic fund, quant Large Cap Fund is a Large Cap fund, run by quant Mutual Fund. Their portfolios overlap 29.1%. quant BFSI Fund charges 2.03% a year and quant Large Cap Fund 1.47%.
Which has given higher returns, quant BFSI Fund or quant Large Cap Fund?
Over 1 year: quant BFSI Fund −0.26%, quant Large Cap Fund −0.87%. Over 3 years: quant BFSI Fund +17.63% a year, quant Large Cap Fund +13.55% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, quant BFSI Fund or quant Large Cap Fund?
quant Large Cap Fund charges less: 1.47% a year against 2.03%. These are the Direct plans' total expense ratios reported to AMFI.
How much do quant BFSI Fund and quant Large Cap Fund overlap?
29.1%. They hold 14 of the same securities, the largest shared ones being ICICIAMC, TREPS 01-Oct-2026 DEPO 10, CGCL. From each fund's latest monthly portfolio.
Which is riskier, quant BFSI Fund or quant Large Cap Fund?
On SEBI's riskometer, quant BFSI Fund is rated Very High and quant Large Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 19.02% and 15.90% a year.
Which is better for SIP, quant BFSI Fund or quant Large Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,18,227 in quant BFSI Fund (XIRR 7.9% a year) and ₹3,98,685 in quant Large Cap Fund (XIRR 4.8% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both quant BFSI Fund and quant Large Cap Fund?
Yes. 29.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages quant BFSI Fund and quant Large Cap Fund?
quant BFSI Fund: Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma. quant Large Cap Fund: Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma.
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.