Quantum Ethical Fund vs Tata NIFTY Auto Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Quantum Ethical Fund is a Thematic fund and Tata NIFTY Auto Index Fund is an Index fund. In the year to 30-10-2026, Quantum Ethical Fund (Direct) returned −4.3% and Tata NIFTY Auto Index Fund (Direct) returned −4.8%. Quantum Ethical Fund charges 0.90% a year and Tata NIFTY Auto Index Fund 0.54% (Direct plans). Their portfolios overlap 24.9%: they hold 9 of the same securities.
Tata NIFTY Auto Index Fund
Index
- 1 year return
- −4.8%
- Expense ratio
- 0.54%
- NAV
- ₹11.60
Which is better, Quantum Ethical or Tata NIFTY Auto Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quantum Ethical returned more over 1 year: −4.3% against −4.8%.
- Tata NIFTY Auto Index costs less: 0.54% a year against 0.90% (Direct plans).
- Quantum Ethical fell less in its worst fall since 20-12-2024: −16.4% against −17.8%.
- Tata NIFTY Auto Index holds more in large companies: 75.5% of the fund in large caps against 35.0%.
- Quantum Ethical is the larger fund: ₹126 Cr against ₹108 Cr.
- Their portfolios overlap 24.9%: 9 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 Ethical Fund | Tata NIFTY Auto Index Fund |
|---|---|---|
| Fund house | Quantum Mutual Fund | Tata Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹126 Cr (30-09-2026) | ₹108 Cr (30-09-2026) |
| NAV | ₹9.63 (Direct) | ₹11.60 (Direct) |
| Expense ratio (Direct) | 0.90% | 0.54% |
| Expense ratio (Regular) | 2.33% | 1.08% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 Shariah TRI | Nifty Auto TRI |
| Launch date | 20-12-2024 | 26-04-2024 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Chirag Mehta | Nitin Sharma, Rakesh Prajapati |
| Exit load | For units in excess of 10% of the investment 1% will be charged for redemption within 365 Days | Exit Load: 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
Quantum Ethical vs Tata NIFTY Auto Index: 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 Ethical Fund (Direct) | −1.83% | −5.22% | +1.05% | −4.27% | -- | -- | -- |
| Tata NIFTY Auto Index Fund (Direct) | −3.35% | −9.94% | −1.26% | −4.83% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Quantum Ethical vs Tata NIFTY Auto Index: Year-wise Returns
| Year | Quantum EthicalQuantum Ethical | Tata NIFTY Auto IndexTata NIFTY Auto Index |
|---|---|---|
| 2026to date | −2.53% | −9.25% |
| 2025 | −1.20% | +23.72% |
Quantum Ethical vs Tata NIFTY Auto Index: Rolling Returns
Every holding period of both funds, against Nifty500 Shariah TRI, the benchmark of Quantum Ethical Fund
Rolling returns
Every 1-year holding period, 210 of them, one for each trading day from 22-12-2025 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.
Quantum Ethical Fund (Direct)
Tata NIFTY Auto Index Fund (Direct)
Nifty500 Shariah TRI
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 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 Ethical | 58.6 | 31.0 | 10.5 | 0.0 | 0.0 | 0.0 | 0.0 | −0.0% | −0.6% | −7.1% | 7.4% | 61% |
| Tata NIFTY Auto Index | 11.9 | 4.3 | 5.2 | 23.3 | 21.4 | 21.0 | 12.9 | 15.1% | 15.5% | −8.3% | 34.8% | 99% |
| Nifty500 Shariah TRI | 59.0 | 33.8 | 7.1 | 0.0 | 0.0 | 0.0 | 0.0 | −0.6% | −1.1% | −9.2% | 9.1% | -- |
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 Shariah 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 20-12-2024. Past returns do not promise future returns.
Quantum Ethical vs Tata NIFTY Auto Index: 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 20-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Quantum EthicalQuantum Ethical Fund (Direct) | ₹2,30,000 | ₹2,28,157 | −₹1,843 | −0.8% |
| Tata NIFTY Auto IndexTata NIFTY Auto Index Fund (Direct) | ₹2,30,000 | ₹2,35,153 | ₹5,153 | 2.2% |
Quantum EthicalQuantum Ethical Fund (Direct)
Tata NIFTY Auto IndexTata NIFTY Auto Index 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.
Quantum Ethical vs Tata NIFTY Auto Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Quantum Ethical Fund (Direct) | Tata NIFTY Auto Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.27% | −4.83% |
| Standard deviation | 14.29% | 21.07% |
| Sharpe ratio | -0.67 | -0.48 |
| Sortino ratio | -0.89 | -0.65 |
| Maximum drawdown | −14.3% (30-03-2026) | −17.8% (31-03-2026) |
| Beta | 0.97 | 1.00 |
| Alpha | +2.34% | −0.60% |
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 | Quantum Ethical Fund (Direct) | Tata NIFTY Auto Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.01% | +5.60% |
| Standard deviation | 13.40% | 19.98% |
| Sharpe ratio | -0.57 | -0.01 |
| Sortino ratio | -0.77 | -0.02 |
| Maximum drawdown | −16.4% (30-03-2026) | −28.4% (07-04-2025) |
| Beta | 0.89 | 1.00 |
| Alpha | +1.88% | −0.56% |
From daily NAVs, 20-12-2024 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.
Quantum Ethical Fund (Direct)
Tata NIFTY Auto Index Fund (Direct)
Nifty500 Shariah TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Quantum Ethical Fund (Direct) | −16.4% | 19-09-2025 | 30-03-2026 | 03-08-2026 | 4 months | −7.6% |
| Tata NIFTY Auto Index Fund (Direct) | −17.8% | 06-01-2026 | 31-03-2026 | 03-08-2026 | 4 months | −14.3% |
| Nifty500 Shariah TRI | −17.0% | 02-01-2025 | 23-03-2026 | Not yet | -- | −10.9% |
From daily values since 20-12-2024, 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 Ethical Fund (Direct)
Tata NIFTY Auto Index Fund (Direct)
Nifty500 Shariah TRI
Against Nifty500 Shariah TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Quantum Ethical Fund (Direct) | 94% | 81% | 4.92% |
| Tata NIFTY Auto Index Fund (Direct) | 112% | 54% | 12.72% |
From month-end values since 20-12-2024. 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 Ethical vs Tata NIFTY Auto Index: Portfolio Overlap
From each fund's latest monthly portfolio: Quantum Ethical Fund, September 2026; Tata NIFTY Auto Index Fund, September 2026
Holdings in common
- Overlap
- 24.9%
- Held by both
- 9
- Only in Quantum Ethical
- 32
- Only in Tata NIFTY Auto Index
- 6
| Security | % of Quantum Ethical | % of Tata NIFTY Auto Index |
|---|---|---|
| TVS Motor Company Ltd | 3.47% | 8.15% |
| Maruti Suzuki India Ltd | 3.14% | 13.15% |
| Bajaj Auto Ltd | 3.04% | 10.03% |
| Eicher Motors Ltd | 2.99% | 8.34% |
| Bosch Ltd | 2.97% | 3.45% |
| Samvardhana Motherson International Ltd | 2.97% | 6.10% |
| Mahindra & Mahindra Ltd | 2.51% | 22.28% |
| Hyundai Motor India Ltd | 2.45% | 2.44% |
| Hero MotoCorp Ltd | 1.38% | 5.75% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 24.9% means 24.9% 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 Ethical Fund
| Security | % of fund |
|---|---|
| Marico Ltd | 4.51% |
| VA Tech Wabag Ltd | 4.06% |
| Castrol India Ltd | 3.65% |
| Persistent Systems Ltd | 3.13% |
| Dr. Lal Path Labs Ltd | 3.10% |
Largest holdings only in Tata NIFTY Auto Index Fund
| Security | % of fund |
|---|---|
| TATA MOTORS PASSENGER VEHICLES LTD | 5.01% |
| BHARAT FORGE LTD | 4.52% |
| ASHOK LEYLAND LTD | 3.73% |
| SONA BLW PRECISION FORGINGS LTD | 3.15% |
| TUBE INVESTMENTS OF INDIA LTD | 2.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Quantum Ethical | Tata NIFTY Auto Index |
|---|---|---|
| Equity | 90.3% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 9.7% | -0.0% |
Market cap of stocks
| Market cap | Quantum Ethical | Tata NIFTY Auto Index |
|---|---|---|
| Large Cap | 35.0% | 75.5% |
| Mid Cap | 18.9% | 24.5% |
| Small Cap | 36.4% | 0.0% |
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 | Quantum Ethical | Tata NIFTY Auto Index |
|---|---|---|
| Automobiles | 19.0% | 75.2% |
| Auto Components | 8.5% | 21.2% |
| IT - Software | 14.4% | 0.0% |
| Consumer Durables | 12.4% | 0.0% |
| Agricultural Food & other Products | 6.7% | 0.0% |
| Other Utilities | 6.2% | 0.0% |
| Agricultural, Commercial & Construction Vehicles | 0.0% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Quantum Ethical vs Tata NIFTY Auto Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Quantum Ethical Fund | Tata NIFTY Auto Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.90% | 0.54% |
| Base expense ratio (Direct) | 0.64% | 0.40% |
| Total expense ratio (Regular) | 2.33% | 1.08% |
| Base expense ratio (Regular) | 1.85% | 0.90% |
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
Quantum Ethical Fund vs Tata NIFTY Auto Index Fund: Frequently Asked Questions
What is the difference between Quantum Ethical Fund and Tata NIFTY Auto Index Fund?
Quantum Ethical Fund is a Thematic fund, Tata NIFTY Auto Index Fund is an Index fund, run by Quantum Mutual Fund and Tata Mutual Fund. Their portfolios overlap 24.9%. Quantum Ethical Fund charges 0.90% a year and Tata NIFTY Auto Index Fund 0.54%.
Which has given higher returns, Quantum Ethical Fund or Tata NIFTY Auto Index Fund?
Over 1 year: Quantum Ethical Fund −4.27%, Tata NIFTY Auto Index Fund −4.83%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Quantum Ethical Fund or Tata NIFTY Auto Index Fund?
Tata NIFTY Auto Index Fund charges less: 0.54% a year against 0.90%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Quantum Ethical Fund and Tata NIFTY Auto Index Fund overlap?
24.9%. They hold 9 of the same securities, the largest shared ones being TVSMOTOR, MARUTI, BAJAJ-AUTO. From each fund's latest monthly portfolio.
Which is riskier, Quantum Ethical Fund or Tata NIFTY Auto Index Fund?
On SEBI's riskometer, Quantum Ethical Fund is rated Very High and Tata NIFTY Auto Index Fund Very High. Over 1 years, the standard deviation of daily returns was 14.29% and 21.07% a year.
Can I invest in both Quantum Ethical Fund and Tata NIFTY Auto Index Fund?
Yes. 24.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Quantum Ethical Fund and Tata NIFTY Auto Index Fund?
Quantum Ethical Fund: Chirag Mehta. Tata NIFTY Auto Index Fund: Nitin Sharma, Rakesh Prajapati.
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.