Quant Multi Cap Fund vs Quant Small Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Quant Multi Cap Fund is a Multi Cap fund and Quant Small Cap Fund is a Small Cap fund. In the 3 years to 30-10-2026, Quant Multi Cap Fund (Direct) returned 9.5% a year and Quant Small Cap Fund (Direct) returned 16.1% a year. Quant Multi Cap Fund charges 1.03% a year and Quant Small Cap Fund 0.92% (Direct plans). Their portfolios overlap 36.1%: they hold 39 of the same securities.
Which is better, Quant Multi Cap or Quant Small Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quant Small Cap returned more over 5 years: 17.1% a year against 10.3%.
- Quant Small Cap returned more over 3 years: 16.1% a year against 9.5%.
- Quant Small Cap costs less: 0.92% a year against 1.03% (Direct plans).
- Quant Multi Cap swung less over 3 years: a standard deviation of 16.9% a year against 17.6%.
- Quant Multi Cap fell less in its worst fall since 07-01-2013: −36.3% against −46.7%.
- Quant Multi Cap holds more in large companies: 24.1% of the fund in large caps against 11.9%.
- Quant Small Cap is the larger fund: ₹35,572 Cr against ₹7,501 Cr.
- Their portfolios overlap 36.1%: 39 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 Multi Cap Fund | Quant Small Cap Fund |
|---|---|---|
| Fund house | quant Mutual Fund | quant Mutual Fund |
| Category | Multi Cap | Small Cap |
| AUM | ₹7,501 Cr (30-09-2026) | ₹35,572 Cr (30-09-2026) |
| NAV | ₹690.75 (Direct) | ₹297.72 (Direct) |
| Expense ratio (Direct) | 1.03% | 0.92% |
| Expense ratio (Regular) | 2.12% | 1.74% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | Nifty Smallcap 250 TRI |
| Launch date | 04-05-2002 | 10-05-1998 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate | Ankit Pande, Sanjeev Sharma, Sandeep Tandon, Ayusha Kumbhat |
| Exit load | Exit load of 1%, if redeemed within 15 days. | Exit load of 1% if redeemed within 1 year |
Quant Multi Cap vs Quant Small Cap: 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 Multi Cap Fund (Direct) | −3.76% | −4.61% | +1.72% | −0.28% | +9.50% | +10.35% | +17.08% |
| Quant Small Cap Fund (Direct) | −5.76% | −2.99% | +6.15% | +4.26% | +16.13% | +17.15% | +19.94% |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | +12.56% | +14.55% |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | +14.03% | +14.51% | +16.19% |
Category average: the average of the 33 Multi Cap funds and the 36 Small Cap funds, same plan type.
Quant Multi Cap vs Quant Small Cap: Year-wise Returns
| Year | MultiQuant Multi Cap | SmallQuant Small Cap |
|---|---|---|
| 2026to date | +3.58% | +7.57% |
| 2025 | −3.86% | −1.36% |
| 2024 | +13.05% | +23.50% |
| 2023 | +26.30% | +48.05% |
| 2022 | +12.09% | +11.20% |
| 2021 | +58.68% | +91.73% |
Quant Multi Cap vs Quant Small Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of Quant Multi Cap Fund
Rolling returns
Every 3-year holding period, 2,665 of them, one for each trading day from 07-01-2016 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 Multi Cap Fund (Direct)
Quant Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 Multi Cap | 0.5 | 1.8 | 5.6 | 35.7 | 10.8 | 8.8 | 36.8 | 20.8% | 17.4% | −4.5% | 50.8% | 32% |
| Quant Small Cap | 10.7 | 4.9 | 24.9 | 6.6 | 5.7 | 9.1 | 38.1 | 21.2% | 18.4% | −16.6% | 71.6% | 100% |
| Nifty500 Multicap 50:25:25 TRI | 0.0 | 0.0 | 0.0 | 12.7 | 49.4 | 36.3 | 1.5 | 19.0% | 18.9% | 10.1% | 26.3% | -- |
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 Nifty500 Multicap 50:25:25 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 07-01-2013. Past returns do not promise future returns.
Quant Multi Cap vs Quant Small Cap: 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 07-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Quant Multi CapQuant Multi Cap Fund (Direct) | ₹16,60,000 | ₹63,11,630 | ₹46,51,630 | 17.7% |
| Quant Small CapQuant Small Cap Fund (Direct) | ₹16,60,000 | ₹77,19,793 | ₹60,59,793 | 20.2% |
Quant Multi CapQuant Multi Cap Fund (Direct)
Quant Small CapQuant Small Cap 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 Multi Cap vs Quant Small Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Quant Multi Cap Fund (Direct) | Quant Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.28% | +4.26% |
| Standard deviation | 15.52% | 16.28% |
| Sharpe ratio | -0.36 | -0.06 |
| Sortino ratio | -0.48 | -0.08 |
| Maximum drawdown | −15.0% (30-03-2026) | −16.0% (31-03-2026) |
| Beta | 0.96 | 0.86 |
| Alpha | +5.31% | +6.25% |
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 Multi Cap Fund (Direct) | Quant Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.50% | +16.13% |
| Standard deviation | 16.90% | 17.60% |
| Sharpe ratio | 0.21 | 0.57 |
| Sortino ratio | 0.27 | 0.77 |
| Maximum drawdown | −25.3% (03-03-2025) | −24.4% (03-03-2025) |
| Beta | 1.05 | 0.88 |
| Alpha | −2.03% | +4.53% |
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 Multi Cap Fund (Direct) | Quant Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.35% | +17.15% |
| Standard deviation | 17.35% | 18.67% |
| Sharpe ratio | 0.26 | 0.61 |
| Sortino ratio | 0.35 | 0.80 |
| Maximum drawdown | −25.3% (03-03-2025) | −25.2% (20-06-2022) |
| Beta | 1.08 | 0.95 |
| Alpha | −0.54% | +4.39% |
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 Multi Cap Fund (Direct) | Quant Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.57% | +16.99% |
| Standard deviation | 16.96% | 15.26% |
| Sharpe ratio | 0.68 | 0.72 |
| Sortino ratio | 0.92 | 0.97 |
| Maximum drawdown | −36.3% (23-03-2020) | −46.7% (24-03-2020) |
| 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 Multi Cap Fund (Direct)
Quant Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Quant Multi Cap Fund (Direct) | −36.3% | 31-10-2019 | 23-03-2020 | 23-07-2020 | 4 months | −12.4% |
| Quant Small Cap Fund (Direct) | −46.7% | 19-12-2018 | 24-03-2020 | 07-08-2020 | 4 months | −8.3% |
| Nifty500 Multicap 50:25:25 TRI | −19.8% | 26-09-2024 | 03-03-2025 | 03-08-2026 | 17 months | −8.0% |
From daily values since 07-01-2013, 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 Multi Cap Fund (Direct)
Quant Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 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 Multi Cap Fund (Direct)
Quant Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 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 Multi Cap Fund (Direct)
Quant Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Quant Multi Cap Fund (Direct) | 109% | 104% | 7.33% |
| Quant Small Cap Fund (Direct) | 136% | 98% | 11.02% |
From month-end values since 07-01-2013. 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 Multi Cap vs Quant Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Quant Multi Cap Fund, September 2026; Quant Small Cap Fund, September 2026
Holdings in common
- Overlap
- 36.1%
- Held by both
- 39
- Only in Quant Multi Cap
- 26
- Only in Quant Small Cap
- 76
| Security | % of Quant Multi Cap | % of Quant Small Cap |
|---|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 11.29% | 10.48% |
| Adani Enterprises Limited | 4.63% | 4.36% |
| Adani Power Limited | 5.12% | 3.56% |
| Adani Green Energy Limited | 3.87% | 2.61% |
| SUN TV Network Limited | 2.63% | 2.49% |
| Welspun Corp Limited | 1.36% | 2.76% |
| Strides Pharma Science Ltd | 2.12% | 1.24% |
| Samvardhana Motherson International Ltd | 3.81% | 1.22% |
| Zydus Wellness Ltd | 1.15% | 1.30% |
| HFCL Limited | 1.05% | 6.10% |
| NCC Ltd | 0.62% | 0.63% |
| Poly Medicure Limited | 0.59% | 2.05% |
| Aditya Birla Lifestyle Brands Limited | 0.51% | 0.86% |
| IRB Infrastructure Developers Limited | 2.10% | 0.44% |
| LIC Housing Finance Ltd | 1.96% | 0.43% |
| Aurobindo Pharma Limited | 9.49% | 0.42% |
| Lloyds Metals And Energy Limited | 1.32% | 0.41% |
| Juniper Hotels Limited | 0.92% | 0.36% |
| Pfizer Ltd | 0.28% | 1.77% |
| Gujarat State Fert & Chemicals Ltd | 0.56% | 0.28% |
| Maharashtra Seamless Ltd | 1.36% | 0.27% |
| K.P.R. Mill Limited | 1.94% | 0.22% |
| Info Edge (India) Ltd | 0.16% | 0.19% |
| 91 Days Treasury Bill 22-Oct-2026 | 0.40% | 0.15% |
| 91 Days Treasury Bill 24-Dec-2026 | 0.53% | 0.14% |
| 91 Days Treasury Bill 10-Dec-2026 | 0.40% | 0.14% |
| Embassy Developments Limited | 1.78% | 0.13% |
| 91 Days Treasury Bill 19-Nov-2026 | 0.40% | 0.13% |
| Bharti Airtel Limited | 1.49% | 0.12% |
| 91 Days Treasury Bill 27-Nov-2026 | 0.33% | 0.11% |
| 91 Days Treasury Bill 17-Dec-2026 | 0.40% | 0.10% |
| 91 Days Treasury Bill 01-Oct-2026 | 0.27% | 0.10% |
| 91 Days Treasury Bill 08-Oct-2026 | 0.20% | 0.10% |
| 91 Days Treasury Bill 03-Dec-2026 | 0.46% | 0.08% |
| Sona BLW Precision Forgings Limited | 0.08% | 3.11% |
| 91 Days Treasury Bill 15-Oct-2026 | 0.27% | 0.08% |
| Aditya Birla Fashion And Retail Ltd | 0.07% | 0.24% |
| Digitide Solutions Limited | 0.14% | 0.05% |
| Mahindra Holidays & Resorts Ind Ltd | 0.05% | 0.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.1% means 36.1% 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 Multi Cap Fund
| Security | % of fund |
|---|---|
| JSW Infrastructure Limited | 4.19% |
| Zydus Lifesciences Limited | 3.66% |
| LG Electronics India Limited | 3.08% |
| Nippon Life India Asset Management Ltd | 2.51% |
| Swan Corp Limited | 2.44% |
Largest holdings only in Quant Small Cap Fund
| Security | % of fund |
|---|---|
| RBL Bank Limited | 4.78% |
| Aegis Logistics Limited | 3.50% |
| Anand Rathi Wealth Limited | 2.83% |
| Piramal Finance Ltd | 2.49% |
| Manappuram Finance Ltd | 2.40% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Quant Multi Cap | Quant Small Cap |
|---|---|---|
| Equity | 84.5% | 88.3% |
| Debt | 15.3% | 11.6% |
| Cash and others | 0.2% | 0.1% |
Market cap of stocks
| Market cap | Quant Multi Cap | Quant Small Cap |
|---|---|---|
| Large Cap | 24.1% | 11.9% |
| Mid Cap | 29.6% | 8.7% |
| Small Cap | 30.8% | 67.6% |
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 Multi Cap | Quant Small Cap |
|---|---|---|
| N.A. | 84.5% | 88.3% |
The six largest sectors of each fund's stocks, % of the fund.
Quant Multi Cap vs Quant Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Quant Multi Cap Fund | Quant Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.03% | 0.92% |
| Base expense ratio (Direct) | 0.62% | 0.63% |
| Total expense ratio (Regular) | 2.12% | 1.74% |
| Base expense ratio (Regular) | 1.55% | 1.33% |
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 Multi Cap with
Quant Multi Cap Fund vs Quant Small Cap Fund: Frequently Asked Questions
What is the difference between Quant Multi Cap Fund and Quant Small Cap Fund?
Quant Multi Cap Fund is a Multi Cap fund, Quant Small Cap Fund is a Small Cap fund, run by quant Mutual Fund. Their portfolios overlap 36.1%. Quant Multi Cap Fund charges 1.03% a year and Quant Small Cap Fund 0.92%.
Which has given higher returns, Quant Multi Cap Fund or Quant Small Cap Fund?
Over 1 year: Quant Multi Cap Fund −0.28%, Quant Small Cap Fund +4.26%. Over 3 years: Quant Multi Cap Fund +9.50% a year, Quant Small Cap Fund +16.13% a year. Over 5 years: Quant Multi Cap Fund +10.35% a year, Quant Small Cap Fund +17.15% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Quant Multi Cap Fund or Quant Small Cap Fund?
Quant Small Cap Fund charges less: 0.92% a year against 1.03%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Quant Multi Cap Fund and Quant Small Cap Fund overlap?
36.1%. They hold 39 of the same securities, the largest shared ones being TREPS 01-Oct-2026 DEPO 10, ADANIENT, ADANIPOWER. From each fund's latest monthly portfolio.
Which is riskier, Quant Multi Cap Fund or Quant Small Cap Fund?
On SEBI's riskometer, Quant Multi Cap Fund is rated Very High and Quant Small Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 16.90% and 17.60% a year.
Which is better for SIP, Quant Multi Cap Fund or Quant Small Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,47,492 in Quant Multi Cap Fund (XIRR 7.9% a year) and ₹9,05,861 in Quant Small Cap Fund (XIRR 15.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Quant Multi Cap Fund and Quant Small Cap Fund?
Yes. 36.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Quant Multi Cap Fund and Quant Small Cap Fund?
Quant Multi Cap Fund: Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate. Quant Small Cap Fund: Ankit Pande, Sanjeev Sharma, Sandeep Tandon, Ayusha Kumbhat.
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.