Quantum Small Cap Fund vs Quantum Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Quantum Small Cap Fund is a Small Cap fund and Quantum Value Fund is a Value and Contra fund. In the year to 30-10-2026, Quantum Small Cap Fund (Direct) returned −1.7% and Quantum Value Fund (Direct) returned −10.0%. Quantum Small Cap Fund charges 0.83% a year and Quantum Value Fund 1.14% (Direct plans). Their portfolios overlap 15.3%: they hold 12 of the same securities.
Quantum Small Cap Fund
Small Cap
- 1 year return
- −1.7%
- Expense ratio
- 0.83%
- NAV
- ₹12.89
Quantum Value Fund
Value and Contra
- 1 year return
- −10.0%
- Expense ratio
- 1.14%
- NAV
- ₹119.47
Which is better, Quantum Small Cap or Quantum Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quantum Small Cap returned more over 1 year: −1.7% against −10.0%.
- Quantum Small Cap costs less: 0.83% a year against 1.14% (Direct plans).
- Quantum Value fell less in its worst fall since 03-11-2023: −15.9% against −18.2%.
- Quantum Value holds more in large companies: 51.3% of the fund in large caps against 5.6%.
- Quantum Value is the larger fund: ₹1,048 Cr against ₹262 Cr.
- Their portfolios overlap 15.3%: 12 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 Small Cap Fund | Quantum Value Fund |
|---|---|---|
| Fund house | Quantum Mutual Fund | Quantum Mutual Fund |
| Category | Small Cap | Value and Contra |
| AUM | ₹262 Cr (30-09-2026) | ₹1,048 Cr (30-09-2026) |
| NAV | ₹12.89 (Direct) | ₹119.47 (Direct) |
| Expense ratio (Direct) | 0.83% | 1.14% |
| Expense ratio (Regular) | 2.31% | 2.17% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 250 Smallcap TRI | BSE 500 TRI |
| Launch date | 03-11-2023 | 13-03-2006 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Chirag Mehta, Abhilasha Satale | George Thomas, Christy Mathia |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 180 days. | For units in excess of 10% of the investment, exit load of 2% if redeemed within 365 days, 1% if redeemed after 365 days but within 730 days. |
Quantum Small Cap vs Quantum 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 |
|---|---|---|---|---|---|---|---|
| Quantum Small Cap Fund (Direct) | −7.40% | −7.93% | +1.58% | −1.68% | -- | -- | -- |
| Quantum Value Fund (Direct) | +1.07% | −6.65% | −3.40% | −10.00% | +9.52% | +8.72% | +10.02% |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | -- | -- | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 36 Small Cap funds and the 30 Value and Contra funds, same plan type.
Quantum Small Cap vs Quantum Value: Year-wise Returns
| Year | Small CapQuantum Small Cap | ValueQuantum Value |
|---|---|---|
| 2026to date | −1.00% | −10.83% |
| 2025 | +5.34% | +4.63% |
| 2024 | +17.16% | +22.71% |
| 2023 | -- | +27.61% |
| 2022 | -- | +7.10% |
| 2021 | -- | +25.53% |
Quantum Small Cap vs Quantum Value: Rolling Returns
Every holding period of both funds, against BSE 250 SmallCap Index TRI, the benchmark of Quantum Small Cap Fund
Rolling returns
Every 1-year holding period, 490 of them, one for each trading day from 04-11-2024 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.
Quantum Small Cap Fund (Direct)
Quantum Value Fund (Direct)
BSE 250 SmallCap Index TRI
to
Jan 2025May 2024
to
May 2025Sept 2024
to
Sept 2025Jan 2025
to
Jan 2026May 2025
to
May 2026Sept 2025
to
Sept 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 Small Cap | 4.7 | 21.8 | 42.0 | 18.6 | 6.9 | 5.3 | 0.6 | 8.5% | 7.9% | −1.9% | 25.9% | 88% |
| Quantum Value | 34.7 | 24.5 | 15.9 | 10.8 | 4.3 | 2.2 | 7.6 | 5.1% | 3.1% | −11.6% | 41.4% | 58% |
| BSE 250 SmallCap Index TRI | 37.3 | 28.0 | 20.0 | 4.9 | 0.6 | 0.8 | 8.4 | 4.0% | 1.8% | −11.1% | 45.3% | -- |
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 250 SmallCap Index 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 03-11-2023. Past returns do not promise future returns.
Quantum Small Cap vs Quantum 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 03-11-2023 to 30-10-2026: 36 instalments, ₹3,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Quantum Small CapQuantum Small Cap Fund (Direct) | ₹3,60,000 | ₹3,83,122 | ₹23,122 | 4.1% |
| Quantum ValueQuantum Value Fund (Direct) | ₹3,60,000 | ₹3,52,798 | −₹7,202 | −1.3% |
Quantum Small CapQuantum Small Cap Fund (Direct)
Quantum ValueQuantum 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.
Quantum Small Cap vs Quantum Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Quantum Small Cap Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.68% | −10.00% |
| Standard deviation | 16.35% | 13.02% |
| Sharpe ratio | -0.42 | -1.17 |
| Sortino ratio | -0.58 | -1.54 |
| Maximum drawdown | −15.0% (23-03-2026) | −15.8% (30-03-2026) |
| Beta | 0.86 | 0.86 |
| Alpha | +2.03% | −4.15% |
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 Small Cap Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.86% | +10.67% |
| Standard deviation | 14.32% | 14.51% |
| Sharpe ratio | 0.20 | 0.30 |
| Sortino ratio | 0.27 | 0.41 |
| Maximum drawdown | −18.2% (03-03-2025) | −40.0% (23-03-2020) |
| Beta | 0.72 | 0.86 |
| Alpha | −0.24% | +0.26% |
From daily NAVs, 03-11-2023 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.
Quantum Small Cap Fund (Direct)
Quantum Value Fund (Direct)
BSE 250 SmallCap Index TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Quantum Small Cap Fund (Direct) | −18.2% | 05-09-2024 | 03-03-2025 | 09-06-2025 | 3 months | −10.5% |
| Quantum Value Fund (Direct) | −15.9% | 26-09-2024 | 30-03-2026 | Not yet | -- | −12.0% |
| BSE 250 SmallCap Index TRI | −26.2% | 23-09-2024 | 03-03-2025 | Not yet | -- | −11.5% |
From daily values since 03-11-2023, 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.
Quantum Small Cap Fund (Direct)
Quantum Value Fund (Direct)
BSE 250 SmallCap Index TRI
Against BSE 250 SmallCap Index TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Quantum Small Cap Fund (Direct) | 79% | 72% | 8.15% |
| Quantum Value Fund (Direct) | 53% | 42% | 13.54% |
From month-end values since 03-11-2023. 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.
Quantum Small Cap vs Quantum Value: Portfolio Overlap
From each fund's latest monthly portfolio: Quantum Small Cap Fund, September 2026; Quantum Value Fund, September 2026
Holdings in common
- Overlap
- 15.3%
- Held by both
- 12
- Only in Quantum Small Cap
- 46
- Only in Quantum Value
- 22
| Security | % of Quantum Small Cap | % of Quantum Value |
|---|---|---|
| Star Health And Allied Insurance Company Ltd | 2.50% | 3.06% |
| Nuvoco Vistas Corporation Ltd | 1.73% | 3.16% |
| Axis Bank Ltd | 1.70% | 3.49% |
| Crompton Greaves Consumer Electricals Ltd | 1.62% | 2.91% |
| Kotak Mahindra Bank Ltd | 1.55% | 4.53% |
| HDFC Bank Ltd | 1.27% | 5.81% |
| ICICI Prudential Life Insurance Company Ltd | 1.25% | 3.10% |
| Infosys Ltd | 1.04% | 4.12% |
| IndusInd Bank Ltd | 0.89% | 1.95% |
| CMS Info System Ltd | 0.86% | 1.83% |
| Gujarat Energy Ltd | 0.74% | 1.16% |
| GSPL Transmission Ltd | 0.15% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 15.3% means 15.3% 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 Small Cap Fund
| Security | % of fund |
|---|---|
| Supriya Lifescience Ltd | 3.97% |
| Engineers India Ltd | 3.20% |
| Uniparts India Ltd | 2.75% |
| Karur Vysya Bank Ltd | 2.71% |
| GNA Axles Ltd | 2.70% |
Largest holdings only in Quantum Value Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd | 4.85% |
| Tata Consultancy Services Ltd | 4.40% |
| Exide Industries Ltd | 3.76% |
| Tech Mahindra Ltd | 3.53% |
| HDFC Life Insurance Company Ltd | 3.29% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Quantum Small Cap | Quantum Value |
|---|---|---|
| Equity | 93.1% | 95.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 6.9% | 4.3% |
Market cap of stocks
| Market cap | Quantum Small Cap | Quantum Value |
|---|---|---|
| Large Cap | 5.6% | 51.3% |
| Mid Cap | 3.6% | 23.4% |
| Small Cap | 82.4% | 20.8% |
| Not on AMFI's list | 1.5% | 0.2% |
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 Small Cap | Quantum Value |
|---|---|---|
| Banks | 11.3% | 23.2% |
| IT - Software | 3.6% | 14.5% |
| Auto Components | 13.9% | 3.8% |
| Insurance | 3.8% | 12.4% |
| Pharmaceuticals & Biotechnology | 9.9% | 5.7% |
| Industrial Products | 9.2% | 0.0% |
| Automobiles | 0.0% | 6.2% |
| Consumer Durables | 6.1% | 2.9% |
| Finance | 2.6% | 4.7% |
| Agricultural Food & other Products | 4.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Quantum Small Cap vs Quantum Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Quantum Small Cap Fund | Quantum Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.83% | 1.14% |
| Base expense ratio (Direct) | 0.59% | 0.92% |
| Total expense ratio (Regular) | 2.31% | 2.17% |
| Base expense ratio (Regular) | 1.84% | 1.79% |
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 Quantum Small Cap with
Quantum Small Cap Fund vs Quantum Value Fund: Frequently Asked Questions
What is the difference between Quantum Small Cap Fund and Quantum Value Fund?
Quantum Small Cap Fund is a Small Cap fund, Quantum Value Fund is a Value and Contra fund, run by Quantum Mutual Fund. Their portfolios overlap 15.3%. Quantum Small Cap Fund charges 0.83% a year and Quantum Value Fund 1.14%.
Which has given higher returns, Quantum Small Cap Fund or Quantum Value Fund?
Over 1 year: Quantum Small Cap Fund −1.68%, Quantum Value Fund −10.00%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Quantum Small Cap Fund or Quantum Value Fund?
Quantum Small Cap Fund charges less: 0.83% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Quantum Small Cap Fund and Quantum Value Fund overlap?
15.3%. They hold 12 of the same securities, the largest shared ones being STARHEALTH, NUVOCO, AXISBANK. From each fund's latest monthly portfolio.
Which is riskier, Quantum Small Cap Fund or Quantum Value Fund?
On SEBI's riskometer, Quantum Small Cap Fund is rated Very High and Quantum Value Fund Very High. Over 1 years, the standard deviation of daily returns was 16.35% and 13.02% a year.
Which is better for SIP, Quantum Small Cap Fund or Quantum Value Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-11-2023 to 30-10-2026 grew to ₹3,83,122 in Quantum Small Cap Fund (XIRR 4.1% a year) and ₹3,52,798 in Quantum Value Fund (XIRR -1.3% a year). Both received 36 instalments. Past returns do not promise future returns.
Can I invest in both Quantum Small Cap Fund and Quantum Value Fund?
Yes. 15.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Quantum Small Cap Fund and Quantum Value Fund?
Quantum Small Cap Fund: Chirag Mehta, Abhilasha Satale. Quantum Value Fund: George Thomas, Christy Mathia.
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.