quant Manufacturing Fund vs Quant Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
quant Manufacturing Fund is a Thematic fund and Quant Value Fund is a Value and Contra fund. In the 3 years to 30-10-2026, quant Manufacturing Fund (Direct) returned 14.5% a year and Quant Value Fund (Direct) returned 19.1% a year. quant Manufacturing Fund charges 1.46% a year and Quant Value Fund 0.92% (Direct plans). Their portfolios overlap 44.7%: they hold 17 of the same securities.
quant Manufacturing Fund
Thematic
- 3 year return
- 14.5%
- Expense ratio
- 1.46%
- NAV
- ₹15.95
Which is better, quant Manufacturing or Quant Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quant Value returned more over 3 years: 19.1% a year against 14.5%.
- Quant Value returned more over 1 year: 3.2% against 2.3%.
- Quant Value costs less: 0.92% a year against 1.46% (Direct plans).
- Quant Value swung less over 3 years: a standard deviation of 18.8% a year against 18.9%.
- Quant Value fell less in its worst fall since 16-08-2023: −24.0% against −29.6%.
- Quant Value holds more in large companies: 40.4% of the fund in large caps against 26.4%.
- Quant Value is the larger fund: ₹1,917 Cr against ₹713 Cr.
- Their portfolios overlap 44.7%: 17 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 Manufacturing Fund | Quant Value Fund |
|---|---|---|
| Fund house | quant Mutual Fund | quant Mutual Fund |
| Category | Thematic | Value and Contra |
| AUM | ₹713 Cr (30-09-2026) | ₹1,917 Cr (30-09-2026) |
| NAV | ₹15.95 (Direct) | ₹22.01 (Direct) |
| Expense ratio (Direct) | 1.46% | 0.92% |
| Expense ratio (Regular) | 2.90% | 2.46% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Manufacturing TRI | Nifty 500 TRI |
| Launch date | 14-08-2023 | 11-06-2023 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Varun Pattani, Ayusha Kumbhat | Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma |
| Exit load | Exit load of 1%, if redeemed within 15 days. | Exit load of 1%, if redeemed within 15 days. |
quant Manufacturing vs Quant Value: 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 Manufacturing Fund (Direct) | −6.16% | −8.47% | +2.05% | +2.33% | +14.46% | -- | -- |
| Quant Value Fund (Direct) | −5.26% | −8.30% | −3.73% | +3.16% | +19.06% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | -- | -- |
Category average: the average of the 235 Thematic funds and the 30 Value and Contra funds, same plan type.
quant Manufacturing vs Quant Value: Year-wise Returns
| Year | Manufacturingquant Manufacturing | ValueQuant Value |
|---|---|---|
| 2026to date | +6.13% | +4.09% |
| 2025 | −4.67% | +1.39% |
| 2024 | +25.51% | +25.90% |
| 2023 | -- | +39.00% |
| 2022 | -- | +17.29% |
quant Manufacturing vs Quant Value: Rolling Returns
Every holding period of both funds, against Nifty India Manufacturing TRI, the benchmark of quant Manufacturing Fund
Rolling returns
Every 3-year holding period, 50 of them, one for each trading day from 17-08-2026 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 Manufacturing Fund (Direct)
Quant Value Fund (Direct)
Nifty India Manufacturing TRI
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 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 Manufacturing | 0.0 | 0.0 | 0.0 | 24.0 | 68.0 | 8.0 | 0.0 | 16.8% | 16.5% | 13.5% | 20.5% | 0% |
| Quant Value | 0.0 | 0.0 | 0.0 | 0.0 | 48.0 | 52.0 | 0.0 | 20.5% | 20.1% | 18.2% | 23.3% | 100% |
| Nifty India Manufacturing TRI | 0.0 | 0.0 | 0.0 | 0.0 | 78.0 | 22.0 | 0.0 | 18.2% | 17.9% | 15.7% | 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 India Manufacturing 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 16-08-2023. Past returns do not promise future returns.
quant Manufacturing vs Quant Value: 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 16-08-2023 to 30-10-2026: 39 instalments, ₹3,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| quant Manufacturingquant Manufacturing Fund (Direct) | ₹3,90,000 | ₹4,28,310 | ₹38,310 | 5.7% |
| Quant ValueQuant Value Fund (Direct) | ₹3,90,000 | ₹4,38,393 | ₹48,393 | 7.2% |
quant Manufacturingquant Manufacturing Fund (Direct)
Quant ValueQuant Value 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 Manufacturing vs Quant Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | quant Manufacturing Fund (Direct) | Quant Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.33% | +3.16% |
| Standard deviation | 19.45% | 18.26% |
| Sharpe ratio | -0.15 | -0.11 |
| Sortino ratio | -0.20 | -0.15 |
| Maximum drawdown | −18.1% (30-03-2026) | −13.9% (23-10-2026) |
| Beta | 1.04 | 1.07 |
| Alpha | +4.31% | +11.35% |
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 Manufacturing Fund (Direct) | Quant Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.46% | +19.06% |
| Standard deviation | 18.87% | 18.80% |
| Sharpe ratio | 0.45 | 0.69 |
| Sortino ratio | 0.61 | 0.94 |
| Maximum drawdown | −29.6% (30-03-2026) | −24.0% (03-03-2025) |
| Beta | 1.02 | 1.15 |
| Alpha | −2.91% | +8.20% |
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 Manufacturing Fund (Direct) | Quant Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.61% | +17.32% |
| Standard deviation | 18.76% | 19.26% |
| Sharpe ratio | 0.51 | 0.60 |
| Sortino ratio | 0.69 | 0.80 |
| Maximum drawdown | −29.6% (30-03-2026) | −24.0% (03-03-2025) |
| Beta | 1.03 | 1.16 |
| Alpha | −0.09% | +7.33% |
From daily NAVs, 16-08-2023 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 Manufacturing Fund (Direct)
Quant Value Fund (Direct)
Nifty India Manufacturing TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| quant Manufacturing Fund (Direct) | −29.6% | 27-09-2024 | 30-03-2026 | Not yet | -- | −12.1% |
| Quant Value Fund (Direct) | −24.0% | 31-07-2024 | 03-03-2025 | 05-05-2026 | 14 months | −11.9% |
| Nifty India Manufacturing TRI | −23.0% | 27-09-2024 | 07-04-2025 | 05-01-2026 | 9 months | −10.5% |
From daily values since 16-08-2023, 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 Manufacturing Fund (Direct)
Quant Value Fund (Direct)
Nifty India Manufacturing 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 Manufacturing Fund (Direct)
Quant Value Fund (Direct)
Nifty India Manufacturing TRI
Against Nifty India Manufacturing TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| quant Manufacturing Fund (Direct) | 108% | 116% | 11.68% |
| Quant Value Fund (Direct) | 107% | 99% | 11.40% |
From month-end values since 16-08-2023. 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 Manufacturing vs Quant Value: Portfolio Overlap
From each fund's latest monthly portfolio: quant Manufacturing Fund, September 2026; Quant Value Fund, September 2026
Holdings in common
- Overlap
- 44.7%
- Held by both
- 17
- Only in quant Manufacturing
- 9
- Only in Quant Value
- 16
| Security | % of quant Manufacturing | % of Quant Value |
|---|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 10.88% | 15.73% |
| Adani Enterprises Limited | 9.12% | 9.32% |
| Adani Green Energy Limited | 7.85% | 8.18% |
| Bharat Heavy Electricals Ltd | 9.47% | 4.68% |
| Aurobindo Pharma Limited | 9.94% | 4.32% |
| 91 Days Treasury Bill 27-Nov-2026 | 0.77% | 0.78% |
| 91 Days Treasury Bill 10-Dec-2026 | 0.76% | 0.77% |
| 91 Days Treasury Bill 05-Nov-2026 | 0.77% | 0.75% |
| 91 Days Treasury Bill 22-Oct-2026 | 0.70% | 0.78% |
| 91 Days Treasury Bill 29-Oct-2026 | 0.70% | 0.73% |
| 91 Days Treasury Bill 19-Nov-2026 | 0.70% | 0.72% |
| 91 Days Treasury Bill 03-Dec-2026 | 0.70% | 0.72% |
| 91 Days Treasury Bill 17-Dec-2026 | 0.69% | 0.75% |
| 91 Days Treasury Bill 24-Dec-2026 | 0.69% | 0.77% |
| 91 Days Treasury Bill 15-Oct-2026 | 0.70% | 0.62% |
| Gujarat Themis Biosyn Ltd | 5.42% | 0.52% |
| 91 Days Treasury Bill 01-Oct-2026 | 0.70% | 0.26% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.7% means 44.7% 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 Manufacturing Fund
| Security | % of fund |
|---|---|
| Ador Welding Limited | 8.47% |
| Lloyds Metals And Energy Limited | 8.08% |
| Zydus Wellness Ltd | 7.60% |
| Ravindra Energy Limited | 6.02% |
| Heubach Colorants India Limited | 3.88% |
Largest holdings only in Quant Value Fund
| Security | % of fund |
|---|---|
| Piramal Finance Ltd | 9.13% |
| Indus Towers Limited | 7.31% |
| Adani Power Limited | 7.13% |
| HFCL Limited | 6.52% |
| Nippon Life India Asset Management Ltd | 2.76% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | quant Manufacturing | Quant Value |
|---|---|---|
| Equity | 81.7% | 76.7% |
| Debt | 18.8% | 23.4% |
| Cash and others | -0.5% | -0.1% |
Market cap of stocks
| Market cap | quant Manufacturing | Quant Value |
|---|---|---|
| Large Cap | 26.4% | 40.4% |
| Mid Cap | 22.2% | 16.2% |
| Small Cap | 33.0% | 20.1% |
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 Manufacturing | Quant Value |
|---|---|---|
| N.A. | 81.7% | 76.7% |
The six largest sectors of each fund's stocks, % of the fund.
quant Manufacturing vs Quant Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | quant Manufacturing Fund | Quant Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.46% | 0.92% |
| Base expense ratio (Direct) | 0.84% | 0.48% |
| Total expense ratio (Regular) | 2.90% | 2.46% |
| Base expense ratio (Regular) | 2.06% | 1.78% |
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 Manufacturing with
quant Manufacturing Fund vs Quant Value Fund: Frequently Asked Questions
What is the difference between quant Manufacturing Fund and Quant Value Fund?
quant Manufacturing Fund is a Thematic fund, Quant Value Fund is a Value and Contra fund, run by quant Mutual Fund. Their portfolios overlap 44.7%. quant Manufacturing Fund charges 1.46% a year and Quant Value Fund 0.92%.
Which has given higher returns, quant Manufacturing Fund or Quant Value Fund?
Over 1 year: quant Manufacturing Fund +2.33%, Quant Value Fund +3.16%. Over 3 years: quant Manufacturing Fund +14.46% a year, Quant Value Fund +19.06% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, quant Manufacturing Fund or Quant Value Fund?
Quant Value Fund charges less: 0.92% a year against 1.46%. These are the Direct plans' total expense ratios reported to AMFI.
How much do quant Manufacturing Fund and Quant Value Fund overlap?
44.7%. They hold 17 of the same securities, the largest shared ones being TREPS 01-Oct-2026 DEPO 10, ADANIENT, ADANIGREEN. From each fund's latest monthly portfolio.
Which is riskier, quant Manufacturing Fund or Quant Value Fund?
On SEBI's riskometer, quant Manufacturing Fund is rated Very High and Quant Value Fund Very High. Over 3 years, the standard deviation of daily returns was 18.87% and 18.80% a year.
Which is better for SIP, quant Manufacturing Fund or Quant Value Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,97,257 in quant Manufacturing Fund (XIRR 4.6% a year) and ₹4,05,667 in Quant Value Fund (XIRR 5.9% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both quant Manufacturing Fund and Quant Value Fund?
Yes. 44.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages quant Manufacturing Fund and Quant Value Fund?
quant Manufacturing Fund: Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Varun Pattani, Ayusha Kumbhat. Quant Value 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.