quant Large Cap Fund vs Quant Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
quant Large Cap Fund is a Large Cap fund and Quant Liquid Fund is a Liquid fund. In the 3 years to 30-10-2026, quant Large Cap Fund (Direct) returned 13.6% a year and Quant Liquid Fund (Direct) returned 6.7% a year. quant Large Cap Fund charges 1.47% a year and Quant Liquid Fund 0.31% (Direct plans). Their portfolios overlap 22.6%: they hold 3 of the same securities.
Which is better, quant Large Cap 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 Large Cap returned more over 3 years: 13.6% a year against 6.7%.
- Quant Liquid returned more over 1 year: 6.0% against −0.9%.
- Quant Liquid costs less: 0.31% a year against 1.47% (Direct plans).
- Quant Liquid swung less over 3 years: a standard deviation of 0.2% a year against 15.9%.
- Quant Liquid fell less in its worst fall since 12-08-2022: −0.0% against −21.1%.
- quant Large Cap is the larger fund: ₹3,669 Cr against ₹1,149 Cr.
- Their portfolios overlap 22.6%: 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 Large Cap Fund | Quant Liquid Fund |
|---|---|---|
| Fund house | quant Mutual Fund | quant Mutual Fund |
| Category | Large Cap | Liquid |
| AUM | ₹3,669 Cr (30-09-2026) | ₹1,149 Cr (30-09-2026) |
| NAV | ₹16.17 (Direct) | ₹45.79 (Direct) |
| Expense ratio (Direct) | 1.47% | 0.31% |
| Expense ratio (Regular) | 2.88% | 0.59% |
| Riskometer | Very High | Moderate |
| Benchmark | Nifty 100 TRI | CRISIL LIQUID DEBT A-1 INDEX |
| Launch date | 10-08-2022 | 03-10-2025 |
| 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 | 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 Large Cap 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 Large Cap Fund (Direct) | −0.85% | −4.13% | +2.86% | −0.87% | +13.55% | -- | -- |
| Quant Liquid Fund (Direct) | +0.41% | +1.43% | +2.93% | +6.03% | +6.70% | +6.33% | +6.32% |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | -- | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | +6.66% | +6.18% | +5.85% |
Category average: the average of the 35 Large Cap funds and the 44 Liquid funds, same plan type.
quant Large Cap vs Quant Liquid: Year-wise Returns
| Year | Large Capquant Large Cap | LiquidQuant Liquid |
|---|---|---|
| 2026to date | +0.76% | +4.99% |
| 2025 | +5.30% | +6.54% |
| 2024 | +15.92% | +7.33% |
| 2023 | +28.92% | +6.98% |
| 2022 | -- | +5.01% |
| 2021 | -- | +4.28% |
quant Large Cap vs Quant Liquid: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of quant Large Cap Fund
Rolling returns
Every 3-year holding period, 298 of them, one for each trading day from 12-08-2025 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.
quant Large Cap Fund (Direct)
Quant Liquid Fund (Direct)
Nifty 100 TRI
to
Sept 2025Dec 2022
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jul 2023
to
Jul 2026Sept 2023
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| quant Large Cap | 0.0 | 0.0 | 0.0 | 22.5 | 77.5 | 0.0 | 0.0 | 16.0% | 16.2% | 11.8% | 19.5% | 100% |
| Quant Liquid | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 6.9% | 6.7% | 7.0% | 0% |
| Nifty 100 TRI | 0.0 | 0.0 | 14.1 | 72.8 | 13.1 | 0.0 | 0.0 | 12.5% | 13.2% | 7.1% | 16.3% | -- |
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 100 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 12-08-2022. Past returns do not promise future returns.
quant Large Cap 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 12-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| quant Large Capquant Large Cap Fund (Direct) | ₹5,10,000 | ₹6,22,583 | ₹1,12,583 | 9.4% |
| Quant LiquidQuant Liquid Fund (Direct) | ₹5,10,000 | ₹5,86,989 | ₹76,989 | 6.6% |
quant Large Capquant Large Cap 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 Large Cap vs Quant Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | quant Large Cap Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.87% | +6.03% |
| Standard deviation | 16.71% | 0.17% |
| Sharpe ratio | -0.37 | 4.61 |
| Sortino ratio | -0.51 | 10.83 |
| Maximum drawdown | −15.6% (30-03-2026) | −0.0% (22-10-2026) |
| Beta | 1.07 | -- |
| Alpha | +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 Large Cap Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.55% | +6.70% |
| Standard deviation | 15.90% | 0.17% |
| Sharpe ratio | 0.47 | 3.96 |
| Sortino ratio | 0.66 | 10.39 |
| Maximum drawdown | −21.1% (04-03-2025) | −0.0% (22-10-2026) |
| Beta | 1.03 | -- |
| Alpha | +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 Large Cap Fund (Direct) | Quant Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.04% | +6.39% |
| Standard deviation | 15.08% | 4.34% |
| Sharpe ratio | 0.39 | 0.08 |
| Sortino ratio | 0.54 | 0.10 |
| Maximum drawdown | −21.1% (04-03-2025) | −9.0% (07-01-2013) |
| Beta | 1.03 | -- |
| Alpha | +3.77% | -- |
From daily NAVs, 12-08-2022 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 Large Cap Fund (Direct)
Quant Liquid Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| quant Large Cap Fund (Direct) | −21.1% | 27-09-2024 | 04-03-2025 | 06-07-2026 | 16 months | −6.1% |
| Quant Liquid Fund (Direct) | −0.0% | 27-03-2023 | 28-03-2023 | 29-03-2023 | 1 days | 0.0% |
| Nifty 100 TRI | −17.2% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −10.1% |
From daily values since 12-08-2022, 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 Large Cap Fund (Direct)
Quant Liquid Fund (Direct)
Nifty 100 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 Large Cap Fund (Direct)
Quant Liquid Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| quant Large Cap Fund (Direct) | 114% | 97% | 6.92% |
| Quant Liquid Fund (Direct) | 18% | -15% | 13.85% |
From month-end values since 12-08-2022. 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 Large Cap vs Quant Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: quant Large Cap Fund, September 2026; Quant Liquid Fund, September 2026
Holdings in common
- Overlap
- 22.6%
- Held by both
- 3
- Only in quant Large Cap
- 24
- Only in Quant Liquid
- 11
| Security | % of quant Large Cap | % of Quant Liquid |
|---|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 24.19% | 21.39% |
| 91 Days Treasury Bill 29-Oct-2026 | 0.65% | 8.67% |
| 91 Days Treasury Bill 10-Dec-2026 | 0.54% | 8.61% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.6% means 22.6% 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 quant Large Cap Fund
| Security | % of fund |
|---|---|
| ICICI Prudential AMC Ltd | 9.90% |
| Adani Green Energy Limited | 8.48% |
| Adani Enterprises Limited | 8.17% |
| Divi's Laboratories Limited | 7.43% |
| LG Electronics India Limited | 7.39% |
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 Large Cap | Quant Liquid |
|---|---|---|
| Equity | 69.7% | 0.0% |
| Debt | 30.7% | 99.3% |
| Cash and others | -0.4% | 0.7% |
Market cap of stocks
| Market cap | quant Large Cap | Quant Liquid |
|---|---|---|
| Large Cap | 55.6% | -- |
| Mid Cap | 10.2% | -- |
| Small Cap | 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 Large Cap | Quant Liquid |
|---|---|---|
| N.A. | 69.7% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
quant Large Cap vs Quant Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | quant Large Cap Fund | Quant Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.47% | 0.31% |
| Base expense ratio (Direct) | 0.45% | 0.26% |
| Total expense ratio (Regular) | 2.88% | 0.59% |
| Base expense ratio (Regular) | 1.65% | 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 Large Cap with
quant Large Cap Fund vs Quant Liquid Fund: Frequently Asked Questions
What is the difference between quant Large Cap Fund and Quant Liquid Fund?
quant Large Cap Fund is a Large Cap fund, Quant Liquid Fund is a Liquid fund, run by quant Mutual Fund. Their portfolios overlap 22.6%. quant Large Cap Fund charges 1.47% a year and Quant Liquid Fund 0.31%.
Which has given higher returns, quant Large Cap Fund or Quant Liquid Fund?
Over 1 year: quant Large Cap Fund −0.87%, Quant Liquid Fund +6.03%. Over 3 years: quant Large Cap Fund +13.55% 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 Large Cap Fund or Quant Liquid Fund?
Quant Liquid Fund charges less: 0.31% a year against 1.47%. These are the Direct plans' total expense ratios reported to AMFI.
How much do quant Large Cap Fund and Quant Liquid Fund overlap?
22.6%. 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 Large Cap Fund or Quant Liquid Fund?
On SEBI's riskometer, quant Large Cap Fund is rated Very High and Quant Liquid Fund Moderate. Over 3 years, the standard deviation of daily returns was 15.90% and 0.17% a year.
Which is better for SIP, quant Large Cap 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 ₹3,98,685 in quant Large Cap Fund (XIRR 4.8% 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 Large Cap Fund and Quant Liquid Fund?
Yes. 22.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages quant Large Cap Fund and Quant Liquid Fund?
quant Large Cap Fund: Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, 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.