quant Gilt Fund vs Zerodha Life Cycle Fund 2031
Direct Plan, Growth option · Data as on 30-10-2026
quant Gilt Fund is a Gilt fund and Zerodha Life Cycle Fund 2031 is a mutual fund. quant Gilt Fund charges 0.40% a year and Zerodha Life Cycle Fund 2031 2.98% (Direct plans). Their portfolios overlap 20.1%: they hold 1 of the same security.
Which is better, quant Gilt or Zerodha Life Cycle Fund 2031? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- quant Gilt costs less: 0.40% a year against 2.98% (Direct plans).
- quant Gilt fell less in its worst fall since 18-09-2026: −1.0% against −4.4%.
- quant Gilt is the larger fund: ₹73 Cr against ₹10 Cr.
- Their portfolios overlap 20.1%: 1 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 Gilt Fund | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Fund house | quant Mutual Fund | Zerodha Mutual Fund |
| Category | Gilt | Not available |
| AUM | ₹73 Cr (30-09-2026) | ₹10 Cr (30-09-2026) |
| NAV | ₹12.43 (Direct) | ₹9.74 (Direct) |
| Expense ratio (Direct) | 0.40% | 2.98% |
| Expense ratio (Regular) | 1.59% | Not available |
| Riskometer | Moderate | High |
| Benchmark | CRISIL Dynamic Gilt Index | 55% CRISIL 10 year Gilt Index + 35% Nifty 200 TRI + 5% Domestic prices of Physical Gold + 5% Domestic prices of Physical |
| Launch date | 12-09-2023 | 16-09-2026 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | Not available |
| Fund managers | Sanjeev Sharma, Haroonvardhan Sirohi | Kedarnath Mirajkar |
| Exit load | NIL | Nil |
quant Gilt vs Zerodha Life Cycle Fund 2031: 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 Gilt Fund (Direct) | −0.59% | −1.16% | +1.46% | +2.19% | +5.62% | -- | -- |
| Zerodha Life Cycle Fund 2031 (Direct) | −1.18% | -- | -- | -- | -- | -- | -- |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | +6.19% | -- | -- |
Category average: the average of the 28 Gilt funds, same plan type.
quant Gilt vs Zerodha Life Cycle Fund 2031: Year-wise Returns
| Year | quant Giltquant Gilt | Zerodha Life Cycle Fund 2031Zerodha Life Cycle Fund 2031 |
|---|---|---|
| 2026to date | +1.65% | -- |
| 2025 | +4.94% | -- |
| 2024 | +8.52% | -- |
| 2023 | +7.16% | -- |
quant Gilt vs Zerodha Life Cycle Fund 2031: Rolling Returns
Every holding period of both funds
quant Gilt vs Zerodha Life Cycle Fund 2031: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | quant Gilt Fund (Direct) | Zerodha Life Cycle Fund 2031 (Direct) |
|---|---|---|
| Return (CAGR) | +5.78% | −25.51% |
| Standard deviation | 1.72% | 7.90% |
| Sharpe ratio | -0.23 | -3.93 |
| Sortino ratio | -0.31 | -4.33 |
| Maximum drawdown | −2.2% (01-09-2025) | −4.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 22-12-2022 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 Gilt Fund (Direct)
Zerodha Life Cycle Fund 2031 (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| quant Gilt Fund (Direct) | −1.0% | 22-09-2026 | 27-10-2026 | Not yet | -- | −1.0% |
| Zerodha Life Cycle Fund 2031 (Direct) | −4.4% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.5% |
From daily values since 18-09-2026, the first day every fund has.
quant Gilt vs Zerodha Life Cycle Fund 2031: Portfolio Overlap
From each fund's latest monthly portfolio: quant Gilt Fund, September 2026; Zerodha Life Cycle Fund 2031, September 2026
Holdings in common
- Overlap
- 20.1%
- Held by both
- 1
- Only in quant Gilt
- 10
- Only in Zerodha Life Cycle Fund 2031
- 252
| Security | % of quant Gilt | % of Zerodha Life Cycle Fund 2031 |
|---|---|---|
| 6.36% GOI 16-Feb-2031 | 20.13% | 26.91% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.1% means 20.1% 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 Gilt Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 16.98% |
| 7.68% Karnataka SDL - 21-Dec-2034 | 13.62% |
| 7.46% Maharashtra SDL - 13-Sep-2033 | 10.30% |
| 7.49% Tamil Nadu SDL - 24-Apr-2034 | 8.64% |
| 0% GS2027 CSTRIP 12 Sep 2027 | 7.11% |
Largest holdings only in Zerodha Life Cycle Fund 2031
| Security | % of fund |
|---|---|
| Bharti Airtel Limited | 5.05% |
| The Federal Bank Limited | 4.34% |
| IndusInd Bank Limited | 4.04% |
| Infosys Limited | 3.74% |
| Bajaj Finance Limited | 2.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | quant Gilt | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Equity | 0.0% | 65.8% |
| Debt | 99.1% | 26.9% |
| Cash and others | 0.9% | 7.3% |
Market cap of stocks
| Market cap | quant Gilt | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Large Cap | -- | 34.8% |
| Mid Cap | -- | 28.5% |
| Small Cap | -- | 2.5% |
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 Gilt | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Banks | 0.0% | 15.7% |
| Finance | 0.0% | 6.5% |
| IT - Software | 0.0% | 5.9% |
| Telecom - Services | 0.0% | 5.8% |
| Pharmaceuticals & Biotechnology | 0.0% | 3.3% |
| Automobiles | 0.0% | 1.9% |
The six largest sectors of each fund's stocks, % of the fund.
quant Gilt vs Zerodha Life Cycle Fund 2031: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | quant Gilt Fund | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Total expense ratio (Direct) | 0.40% | 2.98% |
| Base expense ratio (Direct) | 0.34% | 0.42% |
| Total expense ratio (Regular) | 1.59% | Not available |
| Base expense ratio (Regular) | 1.35% | 0.00% |
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
quant Gilt Fund vs Zerodha Life Cycle Fund 2031: Frequently Asked Questions
What is the difference between quant Gilt Fund and Zerodha Life Cycle Fund 2031?
quant Gilt Fund is a Gilt fund, Zerodha Life Cycle Fund 2031 is a mutual fund, run by quant Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 20.1%. quant Gilt Fund charges 0.40% a year and Zerodha Life Cycle Fund 2031 2.98%.
Which has the lower expense ratio, quant Gilt Fund or Zerodha Life Cycle Fund 2031?
quant Gilt Fund charges less: 0.40% a year against 2.98%. These are the Direct plans' total expense ratios reported to AMFI.
How much do quant Gilt Fund and Zerodha Life Cycle Fund 2031 overlap?
20.1%. They hold 1 of the same securities, the largest shared ones being 6.36% GOI 16-Feb-2031. From each fund's latest monthly portfolio.
Which is riskier, quant Gilt Fund or Zerodha Life Cycle Fund 2031?
On SEBI's riskometer, quant Gilt Fund is rated Moderate and Zerodha Life Cycle Fund 2031 High. Over their common history, the standard deviation of daily returns was 1.72% and 7.90% a year.
Can I invest in both quant Gilt Fund and Zerodha Life Cycle Fund 2031?
Yes. 20.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages quant Gilt Fund and Zerodha Life Cycle Fund 2031?
quant Gilt Fund: Sanjeev Sharma, Haroonvardhan Sirohi. Zerodha Life Cycle Fund 2031: Kedarnath Mirajkar.
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.