Quant Consumption Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 18, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Quant Consumption Fund Direct Growth Plan has a NAV of ₹10.4544 as of 17 Sep 2026 and an AUM of ₹190 Cr. Its 1-year, 3-year and 5-year returns are -0.08%, 0% and 0%, and it sits in the High Risk category. Our view is that the fund has shown a mild near-term recovery after a weak 1-year stretch, but the track record is still short and the longer-dated figures do not yet give a meaningful compounding history.
The fund may suit investors who can tolerate sharp swings and want a consumption-focused portfolio with selective stock exposure, but the return pattern suggests patience would matter more than short-term expectations. It has also moved differently from the benchmark, which makes the recent path worth watching closely.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹10.4544 as of 17 Sep 2026 |
| AUM | ₹190 Cr |
| Expense Ratio | 0.94% |
| Launch Date | 24 Jan 2024 |
| Min SIP | ₹1,000 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% on or before 15D, Nil after 15D |
| Fund Managers | Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat |
The fund is managed by Sandeep Tandon, Ankit Pande, Varun Pattani and Ayusha Kumbhat.
Source data date: as of 17 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -0.22% | -3.66% |
| 3M | 0.52% | -3.71% |
| 1Y | -0.08% | -7.13% |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
Near-term numbers are better than the benchmark’s recent path. The fund was slightly negative over 1 month, but it still held up better than the benchmark, which was more weakly placed over the same period. Over 3 months, the fund moved into positive territory while the benchmark remained negative, so the short-term trend is clearly more resilient than the index.
The 1-year figure is still negative, but the gap versus the benchmark is wide enough to show that the fund has protected capital better than the index in a difficult phase. That said, the difference is coming off a weak absolute base, so we should not overread it as a strong long-term edge. The available history is also short, which limits how much confidence we can place in the longer horizon.
The month-by-month pattern suggests some recovery after a softer stretch, rather than a smooth upward climb. That matters for investors because this is not a fund where the recent line of performance looks steady or fully established. Our view is that the fund’s behaviour is more consistent with a high-volatility thematic strategy than with a broadly defensive equity allocation.
Because the scheme is young, the 3-year and 5-year cells do not yet provide meaningful compounding evidence. For now, the cleaner read is that the fund has recently done better than its benchmark, but the longer-term story is still incomplete.
Source data date: as of 17 Sep 2026
Should you BUY or HOLD Quant Consumption?
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 Quant Consumption? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Quant Consumption Fund Direct Growth Plan | -0.08% | Data not available | Data not available |
| ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan | 69.8% | 36.32% | Data not available |
| HDFC Pharma and Healthcare Fund Direct Growth Plan | 25.31% | Data not available | Data not available |
| Kotak Healthcare Fund Direct Growth Plan | 25.27% | Data not available | Data not available |
| Motilal Oswal Active Momentum Fund Direct Growth Plan | 24.51% | Data not available | Data not available |
| PGIM India Healthcare Fund Direct Growth Plan | 22.75% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
The current fund’s 1-year figure is far weaker than the available peer set, where the compared funds have shown materially stronger recent gains. That does not automatically make the strategy unsuitable, but it does show that the fund’s recent path has lagged the stronger short-term outcomes in this group.
On the longer horizon, the current fund does not yet have a usable 3-year or 5-year record, so the peer set’s longer data points do not produce a like-for-like comparison. The one peer with a 3-year figure also shows a far stronger outcome than the current fund’s current 1-year reading. The short-term and longer-term peer picture therefore point in the same direction: the fund has more work to do before its own return record looks established.
Source data date: as of 17 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Capri Global Capital Limited | Finance | 10.37% |
| LG Electronics India Limited | Domestic Equities | 10.26% |
| Reliance Industries Limited 29/09/2026 | Crude Oil | 9.41% |
| ICICI Prudential AMC Ltd | Domestic Equities | 9.04% |
| Aurobindo Pharma Limited | Healthcare | 8.13% |
| Ventive Hospitality Limited | Domestic Equities | 8.03% |
| Heritage Foods Limited | FMCG | 7.56% |
| Zydus Wellness Ltd | FMCG | 7.08% |
| Adani Power Limited 29/09/2026 | Power | 6.1% |
| Bharti Airtel Limited | Telecom | 4.45% |
The top 10 holdings account for approximately 80.43% of the portfolio.
To see all holdings, visit the Quant Consumption Fund Direct Growth Plan page
The largest holding is Capri Global Capital Limited at 10.37%, so no single position dominates the portfolio on its own. Even so, the gap from the largest holding to the tenth holding is noticeable, which suggests the fund is not evenly spread across all positions.
The displayed holdings account for a little over four-fifths of the portfolio, and the fund still has 22 disclosed holdings in total. That combination points to a portfolio that is fairly concentrated in its leading ideas while still carrying a longer tail beyond the top 10.
Several positions sit in a similar band between roughly 7% and 10%, so changes in a few names may have a greater influence on the portfolio’s behaviour than a broadly diversified index-style structure would. At the same time, the presence of 22 holdings means the fund is not a pure single-stock story.
Source data date: as of 17 Sep 2026
Who should invest
This fund may fit investors with a higher risk tolerance who are comfortable with a High Risk equity strategy and a return path that can move around from period to period. The recent numbers show a modest recovery, but the longer-dated record is still too short to treat the fund as a stable compounding story.
A longer investment horizon would matter here, especially for investors who can accept that the strategy may behave differently from the benchmark and from steadier peer funds. The main trade-off is the possibility of weaker short-term outcomes in exchange for exposure to a concentrated, consumption-oriented portfolio that could behave differently when that theme is in favour.
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% if units are sold on or before 15 days; no exit load after the holding period.
Source data date: as of 17 Sep 2026
Frequently asked questions
What is the current NAV of Quant Consumption Fund Direct Growth Plan?
The current NAV is ₹10.4544 as of 17 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is -0.08%, while the 3-year and 5-year returns are both 0% in the available record.
How has the fund performed against Nifty 50 recently?
It has held up better than Nifty 50 in the recent 1-month, 3-month and 1-year periods shown here. The fund was slightly negative over 1 month and 1 year, but the benchmark was weaker across the same windows.
How does it compare with the peer funds listed here?
The current fund’s 1-year return is much weaker than the compared peer funds with available 1-year data. The peers shown here have stronger recent performance, and one peer also has a much stronger 3-year reading.
Is there a minimum SIP amount?
Yes. The minimum SIP amount is ₹1,000.
Who manages the fund and what is the exit load?
The fund is managed by Sandeep Tandon, Ankit Pande, Varun Pattani and Ayusha Kumbhat. The exit load is 1% if units are sold on or before 15 days, and there is no exit load after the holding period.
Bottom line
Quant Consumption Fund Direct Growth Plan has shown a better recent path than the benchmark, but its longer-dated track record is still too limited to treat it as a mature return story. The peer set shown here also appears stronger on recent returns, so the fund does not stand out on performance today. Its High Risk profile and concentrated top holdings mean it is better suited to investors who can accept variability and a theme-driven portfolio rather than those looking for smoother, benchmark-like behaviour.
Published on 18 September 2026 at 11:57 AM 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.