Quantum Multi Asset Active FoF Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 4, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Quantum Multi Asset Active FoF Direct Growth Plan currently has a NAV of ₹37.4054 as of 07 Sep 2026 and scheme AUM of ₹79 Cr. Its 1-year, 3-year and 5-year returns are 6.37%, 11.35% and 9.8%, and the fund sits in the High Risk category.
Our view is that this is a multi-asset fund that has held up better over longer horizons than in the latest year, while still carrying meaningful volatility. The portfolio is built around other Quantum funds, gold and cash-like exposure, so it is better suited to investors who can accept uneven short-term movement in exchange for a steadier longer-run mix.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹37.4054 as of 07 Sep 2026 |
| AUM | ₹79 Cr |
| Expense Ratio | 0.1% |
| Launch Date | 11 Jul 2012 |
| Min SIP | ₹500 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Fund of Fund |
| Exit Load | 1% on or before 90D, Nil after 90D |
| Fund Managers | Sneha Pandey, Mansi Vasa |
The fund is managed by Sneha Pandey and Mansi Vasa.
Source data date: as of 07 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -1.35% | -3.86% |
| 3M | 2.11% | 1.69% |
| 1Y | 6.37% | -5.72% |
| 3Y | 11.35% | 6.3% |
| 5Y | 9.8% | 6.05% |
The recent pattern looks uneven but not broken. Over one month, the fund fell less than the benchmark, which matters because it shows some cushioning when markets soften. Over three months, it also stayed a touch ahead of the benchmark, suggesting that the recent phase has been more resilient than the broad index even if the gains are not dramatic.
The longer view is more favourable. The 1-year return is positive while the benchmark is negative, which tells us the fund has navigated a difficult year better than the index. The 3-year and 5-year returns are also ahead of the benchmark, so the medium-term and long-term compounding story remains stronger than the straight equity yardstick used here.
That said, the shape of returns is not smooth. The monthly and quarterly moves point to periods of pressure and recovery rather than a linear climb. For investors, that usually means the fund may serve better as a diversification sleeve than as a one-directional growth engine.
Its longer-run behaviour is still more constructive than the recent volatility would suggest. The fund has maintained an edge over the benchmark across all the headline periods shown, but the gap is narrower in the shortest window than it is over 3 years and 5 years.
Source data date: as of 07 Sep 2026
Should you BUY or HOLD Quantum Multi Asset Active FoF?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Quantum Multi Asset Active FoF? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Quantum Multi Asset Active FoF Direct Growth Plan | 6.37% | 11.35% | 9.8% |
| SBI Silver ETF FOF Direct Growth Plan | 85.6% | Data not available | Data not available |
| Kotak Silver ETF FoF Direct Growth Plan | 84.34% | 45.67% | Data not available |
| Zerodha Silver ETF FoF Direct Growth Plan | 83.09% | Data not available | Data not available |
| Axis Silver FoF Direct Growth Plan | 82.78% | 46.31% | Data not available |
| HDFC Silver ETF FoF Direct Growth Plan | 82.41% | 45.55% | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
Against the peer set, this fund’s 1-year return is far more subdued than the silver-focused FoFs listed here. That is not surprising for a multi-asset structure that mixes equity-oriented funds, liquid exposure, gold and cash-like assets, but it does show that the fund has not participated in the same kind of sharp recent momentum.
The comparison becomes more balanced over longer horizons. Where available, the 3-year return is below the stronger silver FoF figures, yet the fund’s 5-year return remains respectable and clearly above the benchmark shown earlier. So the short-term peer picture and the longer-term peer picture do not tell the same story.
For investors, that difference matters. The fund has a more measured return profile than the peer set’s recent winners, but its multi-asset design may offer a different balance of growth and stability than a commodity-heavy FoF can provide.
Source data date: as of 07 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Quantum Value Fund – Direct Plan – Growth Option* | Domestic Mutual Funds Units | 31.23% |
| Quantum Liquid Fund – Direct Plan – Growth Option* | Domestic Mutual Funds Units | 20.18% |
| Quantum Esg Best in Class Strategy Fund – Direct Plan – Growth Option* | Domestic Mutual Funds Units | 17.21% |
| Quantum Gold ETF* | Domestic Mutual Funds Units – Gold | 15.55% |
| Quantum Dynamic Term Fund – Direct Plan – Growth Option* | Domestic Mutual Funds Units | 13.9% |
| TREPS ^ | Cash & Cash Equivalents and Net Assets | 2.01% |
The largest holding is Quantum Value Fund – Direct Plan – Growth Option* at 31.23%, which is a meaningful anchor within the portfolio. The next four positions also remain sizable, so the fund is not relying on a single sleeve alone; instead, it spreads exposure across internal fund holdings, gold and a small cash-like component.
The fall-off from the largest holding to the last disclosed holding is steep, but not extreme, because the listed positions still sit within a fairly tight set of core allocations. That makes the portfolio likely to be influenced most by the first few holdings, especially the equity-oriented Quantum Value Fund, the liquid fund sleeve and the gold ETF exposure.
With six disclosed holdings accounting for 100% of the disclosed portfolio, the structure looks concentrated at the top but still multi-asset in nature. That mix may help moderate dependence on one market driver, although it can also mean returns reflect how different asset sleeves behave at different times.
Source data date: as of 07 Sep 2026
Who should invest
This fund fits investors who are comfortable with High Risk exposure and can stay invested for a longer period. Its return pattern shows better outcomes over 3 years and 5 years than over the latest 1-year stretch, so a short holding period is unlikely to capture the fuller benefit of the structure.
The main trade-off is between diversification and immediacy. The multi-asset construction may soften some market swings, but it can also mean the fund does not move as sharply as the fastest-rising peers in very strong stretches. Investors who want a steadier blend of equity, liquid, gold and other fund exposure may find that balance useful.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 1% on or before 90D, Nil after 90D; no exit load after holding period.
Source data date: as of 07 Sep 2026
Frequently asked questions
What is the current NAV of Quantum Multi Asset Active FoF Direct Growth Plan?
The current NAV is ₹37.4054 as of 07 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s 1-year, 3-year and 5-year returns are 6.37%, 11.35% and 9.8%.
How does this fund compare with its benchmark?
It has outpaced the Nifty 50 benchmark across the headline periods shown. The gap is especially visible over 1 year, 3 years and 5 years.
How does it compare with the peer funds shown here?
Its recent 1-year return is much lower than the silver ETF FoF peers listed, while its longer-term figures are more moderate and not as strong as the fastest recent peer gains. The comparison tells a different story over short and long horizons.
What is the minimum SIP amount?
The minimum SIP amount is ₹500.
Who manages the fund and what is its risk profile?
The fund is managed by Sneha Pandey and Mansi Vasa, and it is classified as High Risk. The portfolio includes Quantum mutual funds, gold and TREPS exposure, which gives it a multi-asset shape.
Bottom line
Quantum Multi Asset Active FoF Direct Growth Plan has a return profile that looks more uneven in the short run but more constructive over 3-year and 5-year periods. It also compares favourably with the benchmark on the headline time frames, although its recent pace is well below the strongest peer gains shown. The portfolio is concentrated in a small number of large sleeves, with meaningful exposure to other Quantum funds, gold and cash-like assets. That makes it suitable for investors who can handle High Risk positioning and want a multi-asset allocation rather than a pure equity or commodity-led outcome.
Published on 9 September 2026 at 1:50 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.