Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF
Direct Plan, Growth option · Data as on 29-10-2026
Quantum Diversified Equity All Cap Active FOF is a Fund of Funds fund and Union Diversified Equity All Cap Active FOF is a Fund of Funds fund. In the year to 30-10-2026, Quantum Diversified Equity All Cap Active FOF (Direct) returned −6.1% and Union Diversified Equity All Cap Active FOF (Direct) returned 2.6%. Quantum Diversified Equity All Cap Active FOF charges 0.42% a year and Union Diversified Equity All Cap Active FOF 0.57% (Direct plans). Their portfolios overlap 10.9%: they hold 2 of the same securities.
Quantum Diversified Equity All Cap Active FOF
Fund of Funds
- 1 year return
- −6.1%
- Expense ratio
- 0.42%
- NAV
- ₹82.60
Union Diversified Equity All Cap Active FOF
Fund of Funds
- 1 year return
- 2.6%
- Expense ratio
- 0.57%
- NAV
- ₹10.35
Which is better, Quantum Diversified Equity All Cap Active FOF or Union Diversified Equity All Cap Active FOF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Union Diversified Equity All Cap Active FOF returned more over 1 year: 2.6% against −6.1%.
- Quantum Diversified Equity All Cap Active FOF costs less: 0.42% a year against 0.57% (Direct plans).
- Union Diversified Equity All Cap Active FOF fell less in its worst fall since 24-09-2025: −12.1% against −14.1%.
- Union Diversified Equity All Cap Active FOF is the larger fund: ₹195 Cr against ₹134 Cr.
- Their portfolios overlap 10.9%: 2 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 | Quantum Diversified Equity All Cap Active FOF | Union Diversified Equity All Cap Active FOF |
|---|---|---|
| Fund house | Quantum Mutual Fund | Union Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹134 Cr (30-09-2026) | ₹195 Cr (30-09-2026) |
| NAV | ₹82.60 (Direct) | ₹10.35 (Direct) |
| Expense ratio (Direct) | 0.42% | 0.57% |
| Expense ratio (Regular) | 1.41% | 1.46% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | BSE 500 TRI |
| Launch date | 20-07-2009 | 22-09-2025 |
| Minimum investment | ₹500 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Chirag Mehta, Piyush Singh | Gaurav Chopra, Pratik Dharmshi |
| Exit load | Exit load of 1%, if redeemed within 180 Days. | Exit load of 1%, if redeemed within 1 year. |
Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF: 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 |
|---|---|---|---|---|---|---|---|
| Quantum Diversified Equity All Cap Active FOF (Direct) | −0.93% | −4.55% | −0.96% | −6.08% | +11.08% | +8.49% | +11.26% |
| Union Diversified Equity All Cap Active FOF (Direct) | −2.43% | −2.87% | +3.76% | +2.61% | -- | -- | -- |
Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF: Year-wise Returns
| Year | QuantumQuantum Diversified Equity All Cap Active FOF | UnionUnion Diversified Equity All Cap Active FOF | BSE 500 TRI |
|---|---|---|---|
| 2026to date | −5.83% | +3.91% | −7.54% |
| 2025 | +7.25% | -- | +7.63% |
| 2024 | +19.78% | -- | +15.81% |
| 2023 | +25.17% | -- | +26.55% |
| 2022 | −0.67% | -- | +4.77% |
| 2021 | +30.70% | -- | +31.63% |
Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 24 of them, one for each trading day from 24-09-2026 to 29-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Quantum Diversified Equity All Cap Active FOF (Direct)
Union Diversified Equity All Cap Active FOF (Direct)
BSE 500 TRI
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
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Oct 2026Oct 2025
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Oct 2026Oct 2025
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Oct 2026Oct 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Quantum Diversified Equity All Cap Active FOF | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −3.6% | −3.2% | −8.6% | −0.0% | 100% |
| Union Diversified Equity All Cap Active FOF | 0.0 | 26.1 | 65.2 | 8.7 | 0.0 | 0.0 | 0.0 | 6.3% | 6.9% | 0.5% | 10.1% | 100% |
| BSE 500 TRI | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −5.2% | −4.8% | −9.2% | −1.3% | -- |
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 BSE 500 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 24-09-2025. Past returns do not promise future returns.
Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF: 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 01-09-2025 to 29-10-2026: 14 instalments, ₹1,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Quantum Diversified Equity All Cap Active FOFQuantum Diversified Equity All Cap Active FOF (Direct) | ₹1,40,000 | ₹1,36,713 | −₹3,287 | −3.8% |
| Union Diversified Equity All Cap Active FOFUnion Diversified Equity All Cap Active FOF (Direct) | ₹1,40,000 | ₹1,43,726 | ₹3,726 | 4.4% |
Quantum Diversified Equity All Cap Active FOFQuantum Diversified Equity All Cap Active FOF (Direct)
Union Diversified Equity All Cap Active FOFUnion Diversified Equity All Cap Active FOF (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.
Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Quantum Diversified Equity All Cap Active FOF (Direct) | Union Diversified Equity All Cap Active FOF (Direct) |
|---|---|---|
| Return (CAGR) | −6.08% | +2.61% |
| Standard deviation | 13.78% | 15.47% |
| Sharpe ratio | -0.82 | -0.17 |
| Sortino ratio | -1.10 | -0.23 |
| Maximum drawdown | −14.1% (31-03-2026) | −12.1% (23-03-2026) |
| Beta | 0.95 | 1.02 |
| Alpha | +1.10% | +10.55% |
From daily NAVs, 29-10-2025 to 29-10-2026. 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 | Quantum Diversified Equity All Cap Active FOF (Direct) | Union Diversified Equity All Cap Active FOF (Direct) |
|---|---|---|
| Return (CAGR) | +11.35% | +4.38% |
| Standard deviation | 14.70% | 14.99% |
| Sharpe ratio | 0.34 | -0.06 |
| Sortino ratio | 0.47 | -0.08 |
| Maximum drawdown | −35.1% (23-03-2020) | −12.1% (23-03-2026) |
| Beta | 0.91 | 1.02 |
| Alpha | +0.69% | +9.12% |
From daily NAVs, 03-01-2011 to 29-10-2026. 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.
Quantum Diversified Equity All Cap Active FOF (Direct)
Union Diversified Equity All Cap Active FOF (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Quantum Diversified Equity All Cap Active FOF (Direct) | −14.1% | 02-01-2026 | 31-03-2026 | Not yet | -- | −6.7% |
| Union Diversified Equity All Cap Active FOF (Direct) | −12.1% | 03-11-2025 | 23-03-2026 | 06-05-2026 | 44 days | −7.4% |
| BSE 500 TRI | −14.8% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.7% |
From daily values since 24-09-2025, 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.
Quantum Diversified Equity All Cap Active FOF (Direct)
Union Diversified Equity All Cap Active FOF (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Quantum Diversified Equity All Cap Active FOF (Direct) | 100% | 93% | 2.73% |
| Union Diversified Equity All Cap Active FOF (Direct) | 118% | 69% | 5.62% |
From month-end values since 24-09-2025. 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.
Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF: Portfolio Overlap
From each fund's latest monthly portfolio: Quantum Diversified Equity All Cap Active FOF, September 2026; Union Diversified Equity All Cap Active FOF, September 2026
Holdings in common
- Overlap
- 10.9%
- Held by both
- 2
- Only in Quantum Diversified Equity All Cap Active FOF
- 9
- Only in Union Diversified Equity All Cap Active FOF
- 3
| Security | % of Quantum Diversified Equity All Cap Active FOF | % of Union Diversified Equity All Cap Active FOF |
|---|---|---|
| Union Small Cap Fund - Direct Plan - Growth Option | 6.99% | 16.86% |
| Union Multicap Fund - Direct Plan- Growth option | 3.95% | 55.41% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 10.9% means 10.9% 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 Quantum Diversified Equity All Cap Active FOF
| Security | % of fund |
|---|---|
| Aditya Birla Sun Life Focused Fund - Direct Plan - Growth Option | 16.48% |
| ICICI Prudential Focused Equity Fund - Direct Plan - Growth Option | 13.52% |
| HDFC Focused Fund - Direct Plan - Growth Option | 13.22% |
| Kotak Focused Fund -Direct Plan- Growth option | 11.23% |
| Invesco India Midcap Fund - Direct Plan - Growth Option | 8.78% |
Largest holdings only in Union Diversified Equity All Cap Active FOF
| Security | % of fund |
|---|---|
| Union Midcap Fund - Direct Plan - Growth | 11.92% |
| Union Large & Midcap Fund - Direct Plan | 9.64% |
| Union Largecap Fund - Direct Pl | 4.40% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Quantum Diversified Equity All Cap Active FOF | Union Diversified Equity All Cap Active FOF |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Quantum Diversified Equity All Cap Active FOF | Union Diversified Equity All Cap Active FOF |
|---|---|---|
| Total expense ratio (Direct) | 0.42% | 0.57% |
| Base expense ratio (Direct) | 0.35% | 0.48% |
| Total expense ratio (Regular) | 1.41% | 1.46% |
| Base expense ratio (Regular) | 1.19% | 1.24% |
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.
Quantum Diversified Equity All Cap Active FOF vs Union Diversified Equity All Cap Active FOF: Frequently Asked Questions
What is the difference between Quantum Diversified Equity All Cap Active FOF and Union Diversified Equity All Cap Active FOF?
Quantum Diversified Equity All Cap Active FOF is a Fund of Funds fund, Union Diversified Equity All Cap Active FOF is a Fund of Funds fund, run by Quantum Mutual Fund and Union Mutual Fund. Their portfolios overlap 10.9%. Quantum Diversified Equity All Cap Active FOF charges 0.42% a year and Union Diversified Equity All Cap Active FOF 0.57%.
Which has given higher returns, Quantum Diversified Equity All Cap Active FOF or Union Diversified Equity All Cap Active FOF?
Over 1 year: Quantum Diversified Equity All Cap Active FOF −6.08%, Union Diversified Equity All Cap Active FOF +2.61%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Quantum Diversified Equity All Cap Active FOF or Union Diversified Equity All Cap Active FOF?
Quantum Diversified Equity All Cap Active FOF charges less: 0.42% a year against 0.57%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Quantum Diversified Equity All Cap Active FOF and Union Diversified Equity All Cap Active FOF overlap?
10.9%. They hold 2 of the same securities, the largest shared ones being Union Small Cap Fund - Direct Plan - Growth Option, Union Multicap Fund - Direct Plan- Growth option. From each fund's latest monthly portfolio.
Which is riskier, Quantum Diversified Equity All Cap Active FOF or Union Diversified Equity All Cap Active FOF?
On SEBI's riskometer, Quantum Diversified Equity All Cap Active FOF is rated Very High and Union Diversified Equity All Cap Active FOF Very High. Over 1 years, the standard deviation of daily returns was 13.78% and 15.47% a year.
Can I invest in both Quantum Diversified Equity All Cap Active FOF and Union Diversified Equity All Cap Active FOF?
Yes. 10.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Quantum Diversified Equity All Cap Active FOF and Union Diversified Equity All Cap Active FOF?
Quantum Diversified Equity All Cap Active FOF: Chirag Mehta, Piyush Singh. Union Diversified Equity All Cap Active FOF: Gaurav Chopra, Pratik Dharmshi.
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.