Quant Liquid Fund vs quant Quantamental Fund
Direct Plan, Growth option · Data as on 30-10-2026
Quant Liquid Fund is a Liquid fund and quant Quantamental Fund is a Thematic fund. In the 3 years to 30-10-2026, Quant Liquid Fund (Direct) returned 6.7% a year and quant Quantamental Fund (Direct) returned 14.4% a year. Quant Liquid Fund charges 0.31% a year and quant Quantamental Fund 1.56% (Direct plans). Their portfolios overlap 22.9%: they hold 3 of the same securities.
quant Quantamental Fund
Thematic
- 3 year return
- 14.4%
- Expense ratio
- 1.56%
- NAV
- ₹25.36
Which is better, Quant Liquid or quant Quantamental? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- quant Quantamental returned more over 5 years: 18.1% a year against 6.3%.
- quant Quantamental returned more over 3 years: 14.4% a year against 6.7%.
- Quant Liquid costs less: 0.31% a year against 1.56% (Direct plans).
- Quant Liquid swung less over 3 years: a standard deviation of 0.2% a year against 17.1%.
- Quant Liquid fell less in its worst fall since 03-05-2021: −0.0% against −23.3%.
- quant Quantamental is the larger fund: ₹1,547 Cr against ₹1,149 Cr.
- Their portfolios overlap 22.9%: 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 Liquid Fund | quant Quantamental Fund |
|---|---|---|
| Fund house | quant Mutual Fund | quant Mutual Fund |
| Category | Liquid | Thematic |
| AUM | ₹1,149 Cr (30-09-2026) | ₹1,547 Cr (30-09-2026) |
| NAV | ₹45.79 (Direct) | ₹25.36 (Direct) |
| Expense ratio (Direct) | 0.31% | 1.56% |
| Expense ratio (Regular) | 0.59% | 2.89% |
| Riskometer | Moderate | Very High |
| Benchmark | CRISIL LIQUID DEBT A-1 INDEX | Nifty 200 TRI |
| Launch date | 03-10-2025 | 30-04-2021 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sanjeev Sharma, Haroonvardhan Sirohi | Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma |
| Exit load | 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. | Exit load of 1%, if redeemed within 15 days. |
Quant Liquid vs quant Quantamental: 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 Liquid Fund (Direct) | +0.41% | +1.43% | +2.93% | +6.03% | +6.70% | +6.33% | +6.32% |
| quant Quantamental Fund (Direct) | −2.15% | −6.63% | −1.71% | +2.09% | +14.36% | +18.11% | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | +6.66% | +6.18% | +5.85% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 44 Liquid funds and the 235 Thematic funds, same plan type.
Quant Liquid vs quant Quantamental: Year-wise Returns
| Year | LiquidQuant Liquid | Quantamentalquant Quantamental |
|---|---|---|
| 2026to date | +4.99% | +0.24% |
| 2025 | +6.54% | +7.88% |
| 2024 | +7.33% | +15.46% |
| 2023 | +6.98% | +39.48% |
| 2022 | +5.01% | +28.96% |
| 2021 | +4.28% | -- |
Quant Liquid vs quant Quantamental: Rolling Returns
Every holding period of both funds, against Nifty 200 TRI, the benchmark of quant Quantamental Fund
Rolling returns
Every 3-year holding period, 763 of them, one for each trading day from 03-05-2024 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 Liquid Fund (Direct)
quant Quantamental Fund (Direct)
Nifty 200 TRI
to
Jul 2024Dec 2021
to
Dec 2024May 2022
to
May 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 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 Liquid | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.6% | 6.8% | 5.7% | 7.0% | 0% |
| quant Quantamental | 0.0 | 0.0 | 0.0 | 3.7 | 17.7 | 38.5 | 40.0 | 24.7% | 23.1% | 13.6% | 37.3% | 100% |
| Nifty 200 TRI | 0.0 | 0.0 | 4.7 | 41.2 | 51.1 | 3.0 | 0.0 | 15.2% | 15.2% | 8.2% | 21.4% | -- |
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 200 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 03-05-2021. Past returns do not promise future returns.
Quant Liquid vs quant Quantamental: 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 02-05-2021 to 30-10-2026: 66 instalments, ₹6,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Quant LiquidQuant Liquid Fund (Direct) | ₹6,60,000 | ₹7,89,995 | ₹1,29,995 | 6.5% |
| quant Quantamentalquant Quantamental Fund (Direct) | ₹6,60,000 | ₹9,84,212 | ₹3,24,212 | 14.5% |
Quant LiquidQuant Liquid Fund (Direct)
quant Quantamentalquant Quantamental 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 Liquid vs quant Quantamental: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Quant Liquid Fund (Direct) | quant Quantamental Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.03% | +2.09% |
| Standard deviation | 0.17% | 16.17% |
| Sharpe ratio | 4.61 | -0.20 |
| Sortino ratio | 10.83 | -0.27 |
| Maximum drawdown | −0.0% (22-10-2026) | −14.2% (30-03-2026) |
| Beta | -- | 0.98 |
| Alpha | -- | +9.65% |
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 Liquid Fund (Direct) | quant Quantamental Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.70% | +14.36% |
| Standard deviation | 0.17% | 17.12% |
| Sharpe ratio | 3.96 | 0.49 |
| Sortino ratio | 10.39 | 0.67 |
| Maximum drawdown | −0.0% (22-10-2026) | −23.3% (03-03-2025) |
| Beta | -- | 1.07 |
| Alpha | -- | +4.10% |
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 Liquid Fund (Direct) | quant Quantamental Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.33% | +18.11% |
| Standard deviation | 0.17% | 17.47% |
| Sharpe ratio | 3.11 | 0.70 |
| Sortino ratio | 7.06 | 0.96 |
| Maximum drawdown | −0.0% (05-05-2022) | −23.3% (03-03-2025) |
| Beta | -- | 1.09 |
| Alpha | -- | +9.64% |
From daily NAVs, 29-10-2021 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 Liquid Fund (Direct) | quant Quantamental Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.39% | +18.41% |
| Standard deviation | 4.34% | 17.23% |
| Sharpe ratio | 0.08 | 0.74 |
| Sortino ratio | 0.10 | 1.02 |
| Maximum drawdown | −9.0% (07-01-2013) | −23.3% (03-03-2025) |
| Beta | -- | 1.08 |
| Alpha | -- | +6.41% |
From daily NAVs, 04-01-2013 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 Liquid Fund (Direct)
quant Quantamental Fund (Direct)
Nifty 200 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Quant Liquid Fund (Direct) | −0.0% | 03-05-2022 | 05-05-2022 | 09-05-2022 | 4 days | 0.0% |
| quant Quantamental Fund (Direct) | −23.3% | 27-09-2024 | 03-03-2025 | 26-05-2026 | 15 months | −8.8% |
| Nifty 200 TRI | −17.8% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −9.4% |
From daily values since 03-05-2021, 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 Liquid Fund (Direct)
quant Quantamental Fund (Direct)
Nifty 200 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 Liquid Fund (Direct)
quant Quantamental Fund (Direct)
Nifty 200 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Quant Liquid Fund (Direct)
quant Quantamental Fund (Direct)
Nifty 200 TRI
Against Nifty 200 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Quant Liquid Fund (Direct) | 15% | -15% | 14.22% |
| quant Quantamental Fund (Direct) | 116% | 80% | 9.43% |
From month-end values since 03-05-2021. 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 Liquid vs quant Quantamental: Portfolio Overlap
From each fund's latest monthly portfolio: Quant Liquid Fund, September 2026; quant Quantamental Fund, September 2026
Holdings in common
- Overlap
- 22.9%
- Held by both
- 3
- Only in Quant Liquid
- 11
- Only in quant Quantamental
- 21
| Security | % of Quant Liquid | % of quant Quantamental |
|---|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 21.39% | 21.90% |
| 91 Days Treasury Bill 29-Oct-2026 | 8.67% | 0.77% |
| 91 Days Treasury Bill 10-Dec-2026 | 8.61% | 0.77% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.9% means 22.9% 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 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% |
Largest holdings only in quant Quantamental Fund
| Security | % of fund |
|---|---|
| Adani Enterprises Limited | 9.07% |
| Adani Green Energy Limited | 9.04% |
| Piramal Finance Ltd | 8.87% |
| Aurobindo Pharma Limited | 7.27% |
| Life Insurance Corporation Of India | 6.61% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Quant Liquid | quant Quantamental |
|---|---|---|
| Equity | 0.0% | 70.5% |
| Debt | 99.3% | 29.7% |
| Cash and others | 0.7% | -0.2% |
Market cap of stocks
| Market cap | Quant Liquid | quant Quantamental |
|---|---|---|
| Large Cap | -- | 47.9% |
| Mid Cap | -- | 20.7% |
| Small Cap | -- | 1.9% |
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 Liquid | quant Quantamental |
|---|---|---|
| N.A. | 0.0% | 70.5% |
The six largest sectors of each fund's stocks, % of the fund.
Quant Liquid vs quant Quantamental: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Quant Liquid Fund | quant Quantamental Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.31% | 1.56% |
| Base expense ratio (Direct) | 0.26% | 0.69% |
| Total expense ratio (Regular) | 0.59% | 2.89% |
| Base expense ratio (Regular) | 0.50% | 1.82% |
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 Liquid with
Quant Liquid Fund vs quant Quantamental Fund: Frequently Asked Questions
What is the difference between Quant Liquid Fund and quant Quantamental Fund?
Quant Liquid Fund is a Liquid fund, quant Quantamental Fund is a Thematic fund, run by quant Mutual Fund. Their portfolios overlap 22.9%. Quant Liquid Fund charges 0.31% a year and quant Quantamental Fund 1.56%.
Which has given higher returns, Quant Liquid Fund or quant Quantamental Fund?
Over 1 year: Quant Liquid Fund +6.03%, quant Quantamental Fund +2.09%. Over 3 years: Quant Liquid Fund +6.70% a year, quant Quantamental Fund +14.36% a year. Over 5 years: Quant Liquid Fund +6.33% a year, quant Quantamental Fund +18.11% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Quant Liquid Fund or quant Quantamental Fund?
Quant Liquid Fund charges less: 0.31% a year against 1.56%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Quant Liquid Fund and quant Quantamental Fund overlap?
22.9%. 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 Liquid Fund or quant Quantamental Fund?
On SEBI's riskometer, Quant Liquid Fund is rated Moderate and quant Quantamental Fund Very High. Over 3 years, the standard deviation of daily returns was 0.17% and 17.12% a year.
Which is better for SIP, Quant Liquid Fund or quant Quantamental Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,21,194 in Quant Liquid Fund (XIRR 6.5% a year) and ₹8,64,257 in quant Quantamental Fund (XIRR 13.7% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Quant Liquid Fund and quant Quantamental Fund?
Yes. 22.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Quant Liquid Fund and quant Quantamental Fund?
Quant Liquid Fund: Sanjeev Sharma, Haroonvardhan Sirohi. quant Quantamental 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.