quant Dynamic Asset Allocation Fund vs Quant Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
quant Dynamic Asset Allocation Fund is a Balanced Advantage fund and Quant Liquid Fund is a Liquid fund. In the 3 years to 30-10-2026, quant Dynamic Asset Allocation Fund (Direct) returned 12.8% a year and Quant Liquid Fund (Direct) returned 6.7% a year. quant Dynamic Asset Allocation Fund charges 1.55% a year and Quant Liquid Fund 0.31% (Direct plans). Their portfolios overlap 22.1%: they hold 3 of the same securities.
quant Dynamic Asset Allocation Fund
Balanced Advantage
- 3 year return
- 12.8%
- Expense ratio
- 1.55%
- NAV
- ₹16.50
Which is better, quant Dynamic Asset Allocation 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 Dynamic Asset Allocation returned more over 3 years: 12.8% a year against 6.7%.
- Quant Liquid returned more over 1 year: 6.0% against −5.8%.
- Quant Liquid costs less: 0.31% a year against 1.55% (Direct plans).
- Quant Liquid swung less over 3 years: a standard deviation of 0.2% a year against 14.0%.
- Quant Liquid fell less in its worst fall since 13-04-2023: −0.0% against −18.4%.
- Quant Liquid is the larger fund: ₹1,149 Cr against ₹810 Cr.
- Their portfolios overlap 22.1%: 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 | quant Dynamic Asset Allocation Fund | Quant Liquid Fund |
|---|---|---|
| Fund house | quant Mutual Fund | quant Mutual Fund |
| Category | Balanced Advantage | Liquid |
| AUM | ₹810 Cr (30-09-2026) | ₹1,149 Cr (30-09-2026) |
| NAV | ₹16.50 (Direct) | ₹45.79 (Direct) |
| Expense ratio (Direct) | 1.55% | 0.31% |
| Expense ratio (Regular) | 3.01% | 0.59% |
| Riskometer | High | Moderate |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | CRISIL LIQUID DEBT A-1 INDEX |
| Launch date | 12-04-2023 | 03-10-2025 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sandeep Tandon, Ankit Pande, Sameer Kate, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sanjeev Sharma | Sanjeev Sharma, Haroonvardhan Sirohi |
| Exit load | Exit load of 1%, if redeemed within 15 days. | 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. |
quant Dynamic Asset Allocation 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 |
|---|---|---|---|---|---|---|---|
| quant Dynamic Asset Allocation Fund (Direct) | −1.60% | −4.36% | −1.99% | −5.79% | +12.82% | -- | -- |
| Quant Liquid Fund (Direct) | +0.41% | +1.43% | +2.93% | +6.03% | +6.70% | +6.33% | +6.32% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | +6.66% | +6.18% | +5.85% |
Category average: the average of the 38 Balanced Advantage funds and the 44 Liquid funds, same plan type.
quant Dynamic Asset Allocation vs Quant Liquid: Year-wise Returns
| Year | Dynamic Asset Allocationquant Dynamic Asset Allocation | LiquidQuant Liquid |
|---|---|---|
| 2026to date | −4.76% | +4.99% |
| 2025 | +5.25% | +6.54% |
| 2024 | +22.05% | +7.33% |
| 2023 | -- | +6.98% |
| 2022 | -- | +5.01% |
| 2021 | -- | +4.28% |
quant Dynamic Asset Allocation vs Quant Liquid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 136 of them, one for each trading day from 13-04-2026 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 Dynamic Asset Allocation Fund (Direct)
Quant Liquid Fund (Direct)
to
Apr 2026Jun 2023
to
Jun 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| quant Dynamic Asset Allocation | 0.0 | 0.0 | 0.0 | 29.4 | 67.6 | 2.9 | 0.0 | 16.3% | 16.0% | 11.6% | 20.2% |
| Quant Liquid | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.8% | 6.8% | 6.7% | 6.9% |
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 13-04-2023. Past returns do not promise future returns.
quant Dynamic Asset Allocation 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 13-04-2023 to 30-10-2026: 43 instalments, ₹4,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| quant Dynamic Asset Allocationquant Dynamic Asset Allocation Fund (Direct) | ₹4,30,000 | ₹4,74,049 | ₹44,049 | 5.4% |
| Quant LiquidQuant Liquid Fund (Direct) | ₹4,30,000 | ₹4,83,471 | ₹53,471 | 6.5% |
quant Dynamic Asset Allocationquant Dynamic Asset Allocation Fund (Direct)
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.
quant Dynamic Asset Allocation vs Quant Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | quant Dynamic Asset Allocation Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.79% | +6.03% |
| Standard deviation | 13.13% | 0.17% |
| Sharpe ratio | -0.84 | 4.61 |
| Sortino ratio | -1.12 | 10.83 |
| Maximum drawdown | −13.2% (30-03-2026) | −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 | quant Dynamic Asset Allocation Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.82% | +6.70% |
| Standard deviation | 13.98% | 0.17% |
| Sharpe ratio | 0.49 | 3.96 |
| Sortino ratio | 0.67 | 10.39 |
| Maximum drawdown | −18.4% (04-03-2025) | −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 | quant Dynamic Asset Allocation Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.12% | +6.39% |
| Standard deviation | 13.66% | 4.34% |
| Sharpe ratio | 0.66 | 0.08 |
| Sortino ratio | 0.91 | 0.10 |
| Maximum drawdown | −18.4% (04-03-2025) | −9.0% (07-01-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 13-04-2023 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 Dynamic Asset Allocation Fund (Direct)
Quant Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| quant Dynamic Asset Allocation Fund (Direct) | −18.4% | 27-09-2024 | 04-03-2025 | Not yet | -- | −8.4% |
| Quant Liquid Fund (Direct) | −0.0% | 20-10-2026 | 22-10-2026 | 23-10-2026 | 1 days | 0.0% |
From daily values since 13-04-2023, 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 Dynamic Asset Allocation Fund (Direct)
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.
quant Dynamic Asset Allocation Fund (Direct)
Quant Liquid Fund (Direct)
quant Dynamic Asset Allocation vs Quant Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: quant Dynamic Asset Allocation Fund, September 2026; Quant Liquid Fund, September 2026
Holdings in common
- Overlap
- 22.1%
- Held by both
- 3
- Only in quant Dynamic Asset Allocation
- 21
- Only in Quant Liquid
- 11
| Security | % of quant Dynamic Asset Allocation | % of Quant Liquid |
|---|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 20.54% | 21.39% |
| 91 Days Treasury Bill 29-Oct-2026 | 0.86% | 8.67% |
| 91 Days Treasury Bill 10-Dec-2026 | 0.73% | 8.61% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.1% means 22.1% 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 Dynamic Asset Allocation Fund
| Security | % of fund |
|---|---|
| Aurobindo Pharma Limited | 10.25% |
| Bharti Airtel Limited | 9.59% |
| Adani Green Energy Limited | 9.50% |
| Adani Enterprises Limited | 9.45% |
| Indus Towers Limited | 9.21% |
Largest holdings only in Quant Liquid Fund
| Security | % of fund |
|---|---|
| REC Ltd CP 22-Oct-2026 | 8.67% |
| PNB Housing Finance Ltd CP 27-Oct-2026 | 8.66% |
| Bank Of Baroda CD 06-Nov-2026 | 8.65% |
| Godrej Industries Ltd CP 23-Oct-2026 | 6.50% |
| Bajaj Finance Limited CP 05-Nov-2026 | 6.48% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | quant Dynamic Asset Allocation | Quant Liquid |
|---|---|---|
| Equity | 59.5% | 0.0% |
| Debt | 28.3% | 99.3% |
| Cash and others | 12.2% | 0.7% |
Market cap of stocks
| Market cap | quant Dynamic Asset Allocation | Quant Liquid |
|---|---|---|
| Large Cap | 40.1% | -- |
| Mid Cap | 13.1% | -- |
| Small Cap | 6.3% | -- |
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 Dynamic Asset Allocation | Quant Liquid |
|---|---|---|
| N.A. | 59.5% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
quant Dynamic Asset Allocation vs Quant Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | quant Dynamic Asset Allocation Fund | Quant Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.55% | 0.31% |
| Base expense ratio (Direct) | 0.77% | 0.26% |
| Total expense ratio (Regular) | 3.01% | 0.59% |
| Base expense ratio (Regular) | 2.01% | 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 quant Dynamic Asset Allocation with
quant Dynamic Asset Allocation Fund vs Quant Liquid Fund: Frequently Asked Questions
What is the difference between quant Dynamic Asset Allocation Fund and Quant Liquid Fund?
quant Dynamic Asset Allocation Fund is a Balanced Advantage fund, Quant Liquid Fund is a Liquid fund, run by quant Mutual Fund. Their portfolios overlap 22.1%. quant Dynamic Asset Allocation Fund charges 1.55% a year and Quant Liquid Fund 0.31%.
Which has given higher returns, quant Dynamic Asset Allocation Fund or Quant Liquid Fund?
Over 1 year: quant Dynamic Asset Allocation Fund −5.79%, Quant Liquid Fund +6.03%. Over 3 years: quant Dynamic Asset Allocation Fund +12.82% a year, Quant Liquid Fund +6.70% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, quant Dynamic Asset Allocation Fund or Quant Liquid Fund?
Quant Liquid Fund charges less: 0.31% a year against 1.55%. These are the Direct plans' total expense ratios reported to AMFI.
How much do quant Dynamic Asset Allocation Fund and Quant Liquid Fund overlap?
22.1%. They hold 3 of the same securities, the largest shared ones being TREPS 01-Oct-2026 DEPO 10, 91 Days Treasury Bill 29-Oct-2026, 91 Days Treasury Bill 10-Dec-2026. From each fund's latest monthly portfolio.
Which is riskier, quant Dynamic Asset Allocation Fund or Quant Liquid Fund?
On SEBI's riskometer, quant Dynamic Asset Allocation Fund is rated High and Quant Liquid Fund Moderate. Over 3 years, the standard deviation of daily returns was 13.98% and 0.17% a year.
Which is better for SIP, quant Dynamic Asset Allocation Fund or Quant Liquid Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,80,465 in quant Dynamic Asset Allocation Fund (XIRR 1.8% a year) and ₹4,08,736 in Quant Liquid Fund (XIRR 6.4% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both quant Dynamic Asset Allocation Fund and Quant Liquid Fund?
Yes. 22.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages quant Dynamic Asset Allocation Fund and Quant Liquid Fund?
quant Dynamic Asset Allocation Fund: Sandeep Tandon, Ankit Pande, Sameer Kate, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sanjeev Sharma. 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.