Quant Large & Mid Cap Fund vs quant Overnight Fund
Direct Plan, Growth option · Data as on 30-10-2026
Quant Large & Mid Cap Fund is a Large & Mid Cap fund and quant Overnight Fund is an Overnight fund. In the 3 years to 30-10-2026, Quant Large & Mid Cap Fund (Direct) returned 14.9% a year and quant Overnight Fund (Direct) returned 6.0% a year. Quant Large & Mid Cap Fund charges 1.22% a year and quant Overnight Fund 0.19% (Direct plans). Their portfolios overlap 21.8%: they hold 1 of the same security.
Quant Large & Mid Cap Fund
Large & Mid Cap
- 3 year return
- 14.9%
- Expense ratio
- 1.22%
- NAV
- ₹133.64
Which is better, Quant Large & Mid Cap or quant Overnight? 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 & Mid Cap returned more over 3 years: 14.9% a year against 6.0%.
- quant Overnight returned more over 1 year: 5.0% against 5.0%.
- quant Overnight costs less: 0.19% a year against 1.22% (Direct plans).
- quant Overnight swung less over 3 years: a standard deviation of 0.1% a year against 16.4%.
- Quant Large & Mid Cap is the larger fund: ₹3,384 Cr against ₹54 Cr.
- Their portfolios overlap 21.8%: 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 Large & Mid Cap Fund | quant Overnight Fund |
|---|---|---|
| Fund house | quant Mutual Fund | quant Mutual Fund |
| Category | Large & Mid Cap | Overnight |
| AUM | ₹3,384 Cr (30-09-2026) | ₹54 Cr (30-09-2026) |
| NAV | ₹133.64 (Direct) | ₹12.67 (Direct) |
| Expense ratio (Direct) | 1.22% | 0.19% |
| Expense ratio (Regular) | 2.43% | 0.26% |
| Riskometer | Very High | Low |
| Benchmark | Nifty LargeMidcap 250 TRI | CRISIL Liquid Overnight Index |
| Launch date | 08-01-2007 | 05-12-2022 |
| 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 | Sanjeev Sharma, Haroonvardhan Sirohi |
| Exit load | Exit load of 1%, if redeemed within 15 days. | NIL |
Quant Large & Mid Cap vs quant Overnight: 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 & Mid Cap Fund (Direct) | −0.85% | −3.18% | +3.91% | +4.95% | +14.95% | +14.97% | +15.17% |
| quant Overnight Fund (Direct) | +0.44% | +1.24% | +2.50% | +5.03% | +6.03% | -- | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
| Overnight average | +0.45% | +1.28% | +2.59% | +5.22% | +5.99% | -- | -- |
Category average: the average of the 36 Large & Mid Cap funds and the 40 Overnight funds, same plan type.
Quant Large & Mid Cap vs quant Overnight: Year-wise Returns
| Year | Large & Mid CapQuant Large & Mid Cap | Overnightquant Overnight |
|---|---|---|
| 2026to date | +6.08% | +4.14% |
| 2025 | −0.73% | +5.67% |
| 2024 | +19.36% | +6.96% |
| 2023 | +34.35% | +7.17% |
| 2022 | +15.02% | -- |
| 2021 | +39.29% | -- |
Quant Large & Mid Cap vs quant Overnight: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of Quant Large & Mid Cap Fund
Rolling returns
Every 3-year holding period, 221 of them, one for each trading day from 05-12-2025 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 & Mid Cap Fund (Direct)
quant Overnight Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 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 Large & Mid Cap | 0.0 | 0.0 | 0.0 | 18.1 | 77.8 | 4.1 | 0.0 | 16.9% | 16.7% | 13.1% | 21.3% | 58% |
| quant Overnight | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.4% | 6.4% | 6.0% | 6.6% | 0% |
| NIFTY LargeMidcap 250 TRI | 0.0 | 0.0 | 0.0 | 29.9 | 61.5 | 8.6 | 0.0 | 16.4% | 16.7% | 10.1% | 20.9% | -- |
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. The benchmark is NIFTY LargeMidcap 250 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 05-12-2022. Past returns do not promise future returns.
Quant Large & Mid Cap vs quant Overnight: 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 01-12-2022 to 30-10-2026: 47 instalments, ₹4,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Quant Large & Mid CapQuant Large & Mid Cap Fund (Direct) | ₹4,70,000 | ₹5,73,208 | ₹1,03,208 | 10.1% |
| quant Overnightquant Overnight Fund (Direct) | ₹4,70,000 | ₹5,27,288 | ₹57,288 | 5.8% |
Quant Large & Mid CapQuant Large & Mid Cap Fund (Direct)
quant Overnightquant Overnight 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 & Mid Cap vs quant Overnight: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Quant Large & Mid Cap Fund (Direct) | quant Overnight Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.95% | +5.03% |
| Standard deviation | 16.18% | 0.11% |
| Sharpe ratio | -0.02 | -1.96 |
| Sortino ratio | -0.03 | -3.80 |
| Maximum drawdown | −14.9% (30-03-2026) | 0.0% |
| Beta | 0.98 | -- |
| Alpha | +11.21% | -- |
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 & Mid Cap Fund (Direct) | quant Overnight Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.95% | +6.03% |
| Standard deviation | 16.45% | 0.15% |
| Sharpe ratio | 0.54 | 0.07 |
| Sortino ratio | 0.74 | 0.16 |
| Maximum drawdown | −24.1% (04-03-2025) | 0.0% |
| Beta | 1.01 | -- |
| Alpha | +3.37% | -- |
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 & Mid Cap Fund (Direct) | quant Overnight Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.43% | +6.25% |
| Standard deviation | 16.44% | 0.15% |
| Sharpe ratio | 0.69 | 0.48 |
| Sortino ratio | 0.95 | 1.09 |
| Maximum drawdown | −32.1% (23-03-2020) | 0.0% |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-01-2013 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.
Quant Large & Mid Cap Fund (Direct)
quant Overnight Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Quant Large & Mid Cap Fund (Direct) | −24.1% | 27-09-2024 | 04-03-2025 | Not yet | -- | −6.6% |
| quant Overnight Fund (Direct) | 0.0% | -- | -- | -- | 1 days | 0.0% |
| NIFTY LargeMidcap 250 TRI | −18.8% | 26-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −8.6% |
From daily values since 05-12-2022, 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 & Mid Cap Fund (Direct)
quant Overnight Fund (Direct)
NIFTY LargeMidcap 250 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 & Mid Cap Fund (Direct)
quant Overnight Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Quant Large & Mid Cap Fund (Direct) | 113% | 110% | 7.75% |
| quant Overnight Fund (Direct) | 16% | -12% | 15.20% |
From month-end values since 05-12-2022. 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 & Mid Cap vs quant Overnight: Portfolio Overlap
From each fund's latest monthly portfolio: Quant Large & Mid Cap Fund, September 2026; quant Overnight Fund, September 2026
Holdings in common
- Overlap
- 21.8%
- Held by both
- 1
- Only in Quant Large & Mid Cap
- 29
- Only in quant Overnight
- 0
| Security | % of Quant Large & Mid Cap | % of quant Overnight |
|---|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 21.85% | 98.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 21.8% means 21.8% 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 & Mid Cap Fund
| Security | % of fund |
|---|---|
| Aurobindo Pharma Limited | 9.76% |
| Lloyds Metals And Energy Limited | 9.74% |
| Samvardhana Motherson International Ltd | 8.02% |
| Adani Enterprises Limited | 6.74% |
| Adani Green Energy Limited | 6.17% |
Largest holdings only in quant Overnight Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Quant Large & Mid Cap | quant Overnight |
|---|---|---|
| Equity | 73.3% | 0.0% |
| Debt | 27.0% | 98.5% |
| Cash and others | -0.3% | 1.5% |
Market cap of stocks
| Market cap | Quant Large & Mid Cap | quant Overnight |
|---|---|---|
| Large Cap | 29.2% | -- |
| Mid Cap | 38.8% | -- |
| Small Cap | 5.3% | -- |
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 Large & Mid Cap | quant Overnight |
|---|---|---|
| N.A. | 73.3% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Quant Large & Mid Cap vs quant Overnight: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Quant Large & Mid Cap Fund | quant Overnight Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.22% | 0.19% |
| Base expense ratio (Direct) | 0.64% | 0.16% |
| Total expense ratio (Regular) | 2.43% | 0.26% |
| Base expense ratio (Regular) | 1.66% | 0.22% |
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 & Mid Cap with
Quant Large & Mid Cap Fund vs quant Overnight Fund: Frequently Asked Questions
What is the difference between Quant Large & Mid Cap Fund and quant Overnight Fund?
Quant Large & Mid Cap Fund is a Large & Mid Cap fund, quant Overnight Fund is an Overnight fund, run by quant Mutual Fund. Their portfolios overlap 21.8%. Quant Large & Mid Cap Fund charges 1.22% a year and quant Overnight Fund 0.19%.
Which has given higher returns, Quant Large & Mid Cap Fund or quant Overnight Fund?
Over 1 year: Quant Large & Mid Cap Fund +4.95%, quant Overnight Fund +5.03%. Over 3 years: Quant Large & Mid Cap Fund +14.95% a year, quant Overnight Fund +6.03% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Quant Large & Mid Cap Fund or quant Overnight Fund?
quant Overnight Fund charges less: 0.19% a year against 1.22%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Quant Large & Mid Cap Fund and quant Overnight Fund overlap?
21.8%. They hold 1 of the same securities, the largest shared ones being TREPS 01-Oct-2026 DEPO 10. From each fund's latest monthly portfolio.
Which is riskier, Quant Large & Mid Cap Fund or quant Overnight Fund?
On SEBI's riskometer, Quant Large & Mid Cap Fund is rated Very High and quant Overnight Fund Low. Over 3 years, the standard deviation of daily returns was 16.45% and 0.15% a year.
Which is better for SIP, Quant Large & Mid Cap Fund or quant Overnight Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,04,886 in Quant Large & Mid Cap Fund (XIRR 5.8% a year) and ₹4,03,538 in quant Overnight Fund (XIRR 5.6% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Quant Large & Mid Cap Fund and quant Overnight Fund?
Yes. 21.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Quant Large & Mid Cap Fund and quant Overnight Fund?
Quant Large & Mid Cap Fund: Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma. quant Overnight 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.