Quantum Ethical Fund

ThematicDirect and Regular plans, Growth option

Data as on 30-10-2026

Quantum Ethical Fund is a Thematic fund run by Quantum Mutual Fund. On 30-09-2026, it managed ₹126 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −4.3% and its Regular plan returned −5.6%. Its benchmark, Nifty500 Shariah TRI, returned −7.0% over the same year.

NAV (Direct plan): ₹9.63; ▼ 0.72%30-10-2026
NAV (Regular plan): ₹9.38; ▼ 0.74%30-10-2026
Expense ratio: 0.90%Direct2.33%Regular; 0.90%; A year
Riskometer: Very High; Set by the fund house
1 year return: −4.3%Direct−5.6%Regular; −4.3%; Total

Quantum Ethical Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹9.63 (down 0.72% that day); Regular Plan Growth ₹9.38 (down 0.74% that day).

This fund (Direct plan)

₹9.63

Quantum Ethical Fund Returns vs Nifty500 Shariah TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−1.83%	−5.22%	+1.05%	−4.27%	--	--	--
This fund (Regular)	−1.99%	−5.54%	+0.32%	−5.63%	--	--	--
Nifty500 Shariah TRI	+0.23%	−5.85%	−2.61%	−6.97%	+7.10%	+6.11%	+12.06%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	--	--	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	--	--	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	--	--	--
Rank in Thematic	105/235	110/232	94/232	113/215	--	--	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

Quantum Ethical Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty500 Shariah TRI
2026to date	−2.53%	−3.70%	−6.98%
2025	−1.20%	−2.60%	−2.84%

Quantum Ethical Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 210 periods, one for each trading day from 22-12-2025 to 30-10-2026.

−10%−5%0%5%10%

Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026

Quantum Ethical Fund (Direct)Nifty500 Shariah TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	210	−0.6%	−7.1%	7.4%	59%	−1.1%	61%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty500 Shariah TRI over the same days. Past returns do not promise future returns.

Quantum Ethical Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Quantum Ethical Fund (Direct)This fund	Nifty500 Shariah TRI
Return (CAGR)	−4.27%	−6.97%
Standard deviation	14.29%	13.59%
Sharpe ratio	-0.67	-0.90
Sortino ratio	-0.89	-1.19
Maximum drawdown	−14.3% (30-03-2026)	−14.7% (23-03-2026)
Beta	0.97	1.00
Alpha	+2.34%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Quantum Ethical Fund (Direct)This fund	Nifty500 Shariah TRI
Return (CAGR)	−2.01%	−5.05%
Standard deviation	13.40%	13.89%
Sharpe ratio	-0.57	-0.76
Sortino ratio	-0.77	-1.01
Maximum drawdown	−16.4% (30-03-2026)	−17.0% (23-03-2026)
Beta	0.89	1.00
Alpha	+1.88%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

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.

−20%−15%−10%−5%0%

20252026

Quantum Ethical Fund (Direct)Nifty500 Shariah TRI

	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%
Nifty500 Shariah TRI	−17.0%	02-01-2025	23-03-2026	Not yet	--	−10.9%

From the Direct plan's daily NAV since 20-12-2024, adjusted for unit splits, and Nifty500 Shariah TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Quantum Ethical Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
Quantum Ethical Fund	113/215	126	0.90%	−4.27%	--	--	--	--	--

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Quantum Ethical Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.64%	0.05%	0.00%	0.21%	0.90%	1.18%	27/235
Regular	1.85%	0.05%	0.00%	0.43%	2.33%	2.41%	98/235

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−5.63%	−4.27%	1.36%	₹94,370	₹95,730

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Quantum Ethical Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹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
Direct planQuantum Ethical Fund (Direct)	₹2,30,000	₹2,28,157	−₹1,843	−0.8%
Regular planQuantum Ethical Fund (Regular)	₹2,30,000	₹2,24,911	−₹5,089	−2.2%
Nifty500 Shariah TRI	₹2,30,000	₹2,21,503	−₹8,497	−3.7%
Category averageCategory average, 235 Thematic funds	₹2,30,000	₹2,36,889	₹6,889	3.0%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L₹2.5 L

20252026

Direct planQuantum Ethical Fund (Direct)Regular planQuantum Ethical Fund (Regular)Nifty500 Shariah TRICategory averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

90.3%Equity

Asset	Fund	Category
Equity	90.3%	94.5%
Cash and others	9.7%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	35.0%	45.7%
Mid Cap	18.9%	19.6%
Small Cap	36.4%	24.1%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Quantum Ethical Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Automobiles19.0%
IT - Software14.4%
Consumer Durables12.4%
Auto Components8.5%
Agricultural Food & other Products6.7%
Other Utilities6.2%
Electrical Equipment5.5%
Petroleum Products3.6%
Healthcare Services3.1%
Chemicals & Petrochemicals2.6%

The ten largest of 14 sectors. The other 4 add up to 8.2%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Automobiles	18.4%	18.1%	19.0%	+0.6%
IT - Software	13.7%	14.3%	14.4%	+0.7%
Consumer Durables	15.5%	15.0%	12.4%	−3.1%
Auto Components	7.4%	8.4%	8.5%	+1.1%
Agricultural Food & other Products	6.9%	6.5%	6.7%	−0.2%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Quantum Ethical Fund Portfolio Holdings

As on 30-09-2026 · 41 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Marico Ltd	Agricultural Food & other Products	4.51%	+12.1%
VA Tech Wabag Ltd	Other Utilities	4.06%	0.0%
Castrol India Ltd	Petroleum Products	3.65%	+16.8%
TVS Motor Company Ltd	Automobiles	3.47%	+3.0%
Maruti Suzuki India Ltd	Automobiles	3.14%	+22.8%
Persistent Systems Ltd	IT - Software	3.13%	0.0%
Dr. Lal Path Labs Ltd	Healthcare Services	3.10%	0.0%
Hitachi Energy India Ltd	Electrical Equipment	3.06%	0.0%
Bajaj Auto Ltd	Automobiles	3.04%	+19.3%
Eicher Motors Ltd	Automobiles	2.99%	+7.1%
Bosch Ltd	Auto Components	2.97%	0.0%
Samvardhana Motherson International Ltd	Auto Components	2.97%	+15.3%
Infosys Ltd	IT - Software	2.86%	+25.3%
Sundram Fasteners Ltd	Auto Components	2.55%	0.0%
HCL Technologies Ltd	IT - Software	2.52%	+13.4%
Mahindra & Mahindra Ltd	Automobiles	2.51%	+24.0%
ABB India Ltd	Electrical Equipment	2.49%	+18.3%
Nuvoco Vistas Corporation Ltd	Cement & Cement Products	2.48%	+13.9%
Hyundai Motor India Ltd	Automobiles	2.45%	+19.2%
Elgi Equipments Ltd	Industrial Products	2.36%	+4.4%
Computer Age Management Services Ltd	Capital Markets	2.27%	+5.6%
Tata Consultancy Services Ltd	IT - Software	2.22%	+21.0%
LT Foods Ltd	Agricultural Food & other Products	2.18%	0.0%
ION Exchange (India) Ltd	Other Utilities	2.09%	0.0%
Havells India Ltd	Consumer Durables	1.90%	+10.9%
Crompton Greaves Consumer Electricals Ltd	Consumer Durables	1.88%	0.0%
Vinati Organics Ltd	Chemicals & Petrochemicals	1.83%	+19.2%
Voltas Ltd	Consumer Durables	1.64%	+13.3%
Symphony Ltd	Consumer Durables	1.62%	+25.1%
Hero MotoCorp Ltd	Automobiles	1.38%	0.0%
Coforge Ltd	IT - Software	1.33%	0.0%
Tech Mahindra Ltd	IT - Software	1.33%	0.0%
GMM Pfaudler Ltd	Industrial Manufacturing	1.13%	0.0%
Borosil Ltd	Consumer Durables	1.07%	+11.5%
Eureka Forbes Ltd	Consumer Durables	1.05%	+22.9%
Mphasis Ltd	IT - Software	1.01%	0.0%
Dixon Technologies (India) Ltd	Consumer Durables	0.99%	+13.1%
Safari Industries (India) Ltd	Consumer Durables	0.98%	+3.1%
Tata Chemicals Ltd	Chemicals & Petrochemicals	0.78%	+13.6%
Orient Electric Ltd	Consumer Durables	0.76%	0.0%
Whirlpool of India Ltd	Consumer Durables	0.52%	0.0%

Quantum Ethical Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Marico Ltd	Added	+12.1%	4.51%
Castrol India Ltd	Added	+16.8%	3.65%
TVS Motor Company Ltd	Added	+3.0%	3.47%
Maruti Suzuki India Ltd	Added	+22.8%	3.14%
Eicher Motors Ltd	Added	+7.1%	2.99%
Bajaj Auto Ltd	Added	+19.3%	3.04%
Samvardhana Motherson International Ltd	Added	+15.3%	2.97%
Amber Enterprises India Ltd	Sold out	−100%	was 2.87%
Infosys Ltd	Added	+25.3%	2.86%
HCL Technologies Ltd	Added	+13.4%	2.52%
Mahindra & Mahindra Ltd	Added	+24.0%	2.51%
ABB India Ltd	Added	+18.3%	2.49%
Nuvoco Vistas Corporation Ltd	Added	+13.9%	2.48%
Computer Age Management Services Ltd	Added	+5.6%	2.27%
Hyundai Motor India Ltd	Added	+19.2%	2.45%
Elgi Equipments Ltd	Added	+4.4%	2.36%
Tata Consultancy Services Ltd	Added	+21.0%	2.22%
Havells India Ltd	Added	+10.9%	1.90%
Central Depository Services (India) Ltd	Sold out	−100%	was 1.90%
Vinati Organics Ltd	Added	+19.2%	1.83%
Voltas Ltd	Added	+13.3%	1.64%
Symphony Ltd	Added	+25.1%	1.62%
Borosil Ltd	Added	+11.5%	1.07%
Eureka Forbes Ltd	Added	+22.9%	1.05%
Krishna Institute Of Medical Sciences Ltd	Sold out	−100%	was 1.05%
Safari Industries (India) Ltd	Added	+3.1%	0.98%
Dixon Technologies (India) Ltd	Added	+13.1%	0.99%
Tata Communications Ltd	Sold out	−100%	was 0.93%
Tata Chemicals Ltd	Added	+13.6%	0.78%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Quantum Ethical Fund bought and sold

Quantum Ethical Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Quantum ESG Best In Class Strategy FundThematic · Quantum	58.4%	32	Compare
DSP Nifty500 Flexicap Quality 30 Index FundIndex · DSP	26.3%	12	Compare
DSP Nifty500 Flexicap Quality 30 ETFETF · DSP	26.3%	12	Compare
ICICI Prudential Nifty Auto ETFETF · ICICI Prudential	24.9%	9	Compare
Nippon India Nifty Auto ETFETF · Nippon India	24.9%	9	Compare
Nippon India Nifty Auto Index FundIndex · Nippon India	24.9%	9	Compare
Tata NIFTY Auto Index FundIndex · Tata	24.9%	9	Compare
ICICI Prudential Nifty Auto Index FundIndex · ICICI Prudential	24.9%	9	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Quantum Ethical Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.90%
Expense ratio (Regular): 2.33%
Category: Thematic
Risk: Very High
Benchmark: Nifty 500 Shariah TRI
Launch date: 20-12-2024
Minimum investment: ₹500
Minimum additional investment: ₹500
AUM: ₹125.61 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 153094
ISIN (Direct): INF082J01473
Scheme code (Regular): 153095
ISIN (Regular): INF082J01481
NAV history: From 20-12-2024, 1.9 years

Exit load: For units in excess of 10% of the investment 1% will be charged for redemption within 365 Days

Tax on Quantum Ethical Fund returns

Quantum Ethical Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹9.63	30-10-2026
regular	Growth	₹9.38	30-10-2026

About Quantum Ethical Fund

Quantum Ethical Fund is a mutual fund from Quantum Mutual Fund. Its category is Thematic. It was launched on 20-12-2024. Its benchmark is Nifty 500 Shariah TRI. At the end of September 2026 it held 41 securities.

Fund Manager

Chirag Mehta
Fund manager of Quantum Ethical Fund, since 20-12-2024

See all funds of Quantum Mutual Fund

AUM change

September 2026: ₹125.61 Cr; −1.12% from August 2026
August 2026: ₹127.03 Cr; +4.45% from July 2026
July 2026: ₹121.62 Cr; +9.63% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Quantum Ethical Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Quantum Ethical vs Nippon India Taiwan EquityThematic
Quantum Ethical vs HDFC DefenceThematic
Quantum Ethical vs HDFC Pharma and HealthcareThematic
Quantum Ethical vs SBI Healthcare OpportunitiesThematic
Quantum Ethical vs Aditya Birla Sun Life International EquityThematic
Quantum Ethical vs Quantum ESG Best In Class Strategy58.4% overlap
Quantum Ethical vs DSP Nifty500 Flexicap Quality 30 Index26.3% overlap
Quantum Ethical vs DSP Nifty500 Flexicap Quality 30 ETF26.3% overlap

Compare with any other fund

Frequently Asked Questions for Quantum Ethical Fund

What is the current NAV of Quantum Ethical Fund?

The Direct plan NAV is ₹9.63. The Regular plan NAV is ₹9.38, as on 30-10-2026.

What are the returns of Quantum Ethical Fund?

The Direct plan returned −4.27% in 1 year. The Regular plan returned −5.63% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Quantum Ethical Fund?

The Direct plan charges 0.90% a year. The Regular plan charges 2.33% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Quantum Ethical Fund?

Quantum Ethical Fund managed ₹125.61 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Quantum Ethical Fund?

At the end of September 2026 the largest holdings were MARICO (4.51%), WABAG (4.06%), CASTROLIND (3.65%), TVSMOTOR (3.47%), MARUTI (3.14%). The fund held 41 securities in all.

What did Quantum Ethical Fund buy and sell in September 2026?

It sold out of 4: Tata Communications Ltd, Amber Enterprises India Ltd, Central Depository Services (India) Ltd, Krishna Institute Of Medical Sciences Ltd. It added shares in 25.

How do I invest in Quantum Ethical Fund?

Through Quantum Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹500. You can invest once or through a monthly SIP.

Who is the fund manager of Quantum Ethical Fund?

Chirag Mehta (since 20-12-2024).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.