Quant Commodities Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 18, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Quant Commodities Fund Direct Growth Plan currently has a NAV of ₹14.7288 as of 17 Sep 2026 and an AUM of ₹342 Cr. Its 1-year, 3-year and 5-year returns are 11.06%, 0% and 0%, and the scheme is marked High Risk. In our view, it suits investors who can accept sharp swings and want a portfolio that is still building a longer track record rather than one that has already shown steady multi-year compounding.
The fund has outpaced its benchmark over 1 year, but the recent 1-month and 3-month patterns show pressure after earlier strength. That mix points to a strategy that can move very differently from the broader market, so the fit is better for patient investors who are comfortable with concentrated exposures and uneven short-term outcomes.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹14.7288 as of 17 Sep 2026 |
| AUM | ₹342 Cr |
| Expense Ratio | 0.98% |
| Launch Date | 27 Dec 2023 |
| 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, Sameer Kate, Varun Pattani |
The fund is managed by Sandeep Tandon, Ankit Pande, Sameer Kate and Varun Pattani.
Source data date: as of 17 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -4.03% | -3.66% |
| 3M | -5.10% | -3.71% |
| 1Y | 11.06% | -7.13% |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
Recent performance has been softer than the fund’s 1-year picture suggests. Over 1 month and 3 months, the fund stayed negative, and the 3-month decline was steeper than the benchmark’s fall. That tells us the strategy has not been smooth in the near term, even though the longer 1-year number is positive.
The 1-year return is the clearest strength in the table, because the fund has delivered a positive outcome while the benchmark has remained in negative territory. That gap is material and it shows the portfolio can behave quite differently from the broader index when the market backdrop changes.
At the same time, the shorter-period weakness warns against reading the 1-year figure as a straight-line trend. The pattern looks cyclical and uneven, with periods of recovery followed by pullbacks. For investors, that means the fund’s return path is likely to feel more volatile than a plain-vanilla equity scheme tied closely to the benchmark.
Because the scheme has only been live since late 2023, there is no usable 3-year or 5-year return history yet. That makes the current short- and medium-term pattern more important, but also less complete, so our view is that the fund should be assessed as an emerging track record rather than a mature one.
Source data date: as of 17 Sep 2026
Should you BUY or HOLD Quant Commodities?
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 Commodities? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Quant Commodities Fund Direct Growth Plan | 11.06% | Data not available | Data not available |
| ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan | 69.80% | 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 fund’s 1-year return is well below the strongest peer figures in this set, while its own 3-year and 5-year histories are not yet available. That means the comparison leans more heavily on the recent period, where the fund has been positive but clearly weaker than the better-performing peers. The short-term picture and the lack of a longer live track record tell different stories, so we would treat the fund as a newer, higher-variance option rather than a steady compounding peer.
Source data date: as of 17 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Kalyani Steels Ltd | Iron & Steel | 10.72% |
| Premier Energies Limited | Trading | 9.82% |
| Adani Enterprises Limited | Trading | 9.37% |
| Reliance Industries Limited 29/09/2026 | Crude Oil | 9.35% |
| Adani Green Energy Limited | Power | 8.68% |
| Adani Energy Solutions Limited | Power | 8.45% |
| Lloyds Metals and Energy Limited | Iron & Steel | 7.59% |
| Tata Power Company Limited 29/09/2026 | Power | 7.2% |
| HFCL Limited | Telecom | 7.03% |
| Adani Power Limited 29/09/2026 | Power | 6.27% |
The largest holding, Kalyani Steels Ltd, carries a weight of 10.72%, which is meaningful but not extreme on its own. The tenth holding is still 6.27%, so the drop from the top position to the tenth is fairly moderate rather than steep, which suggests the top slice is spread across several sizeable positions instead of being dominated by one outsized name.
The top 10 holdings together account for approximately 84.48% of the portfolio, and the scheme discloses 22 holdings in total. That combination points to a portfolio that is quite concentrated in its main ideas, even though it still has a tail beyond the top names. In practical terms, the largest positions are likely to have greater influence on returns than in a widely diversified equity fund.
We also see a clear tilt toward energy, power, metals and related industrial themes across the disclosed names. That kind of mix may help the fund express a strong market view, but it can also mean outcomes depend more heavily on a narrower set of sector drivers than on broad market exposure.
To see all holdings, visit the Quant Commodities Fund Direct Growth Plan page
Source data date: as of 17 Sep 2026
Who should invest
This fund fits investors with a high tolerance for volatility and a willingness to stay invested through uneven phases. The 1-year return is positive, but the shorter 1-month and 3-month numbers are negative, so the path has not been smooth even within the recent period.
Our view is that it suits a medium- to long-term horizon, especially for investors who want exposure to a concentrated, theme-led equity portfolio rather than broad-market steadiness. The main trade-off is that the same portfolio design that can create strong stretches of outperformance may also bring sharper drawdowns and weaker short-term behaviour.
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; nil after 15 days.
Source data date: as of 17 Sep 2026
Frequently asked questions
What is the current NAV of Quant Commodities Fund Direct Growth Plan?
The current NAV is ₹14.7288 as of 17 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is 11.06%. The 3-year and 5-year returns are Data not available because the scheme does not have usable figures for those periods yet.
How has the fund done versus its benchmark?
Over 1 year, the fund has done better than Nifty 50, with 11.06% against -7.13%. Over 1 month and 3 months, both the fund and the benchmark were negative, and the fund was weaker in both periods.
How does the fund compare with the peer funds shown here?
The fund’s 1-year return is lower than the stronger peer figures in this comparison set, while its 3-year and 5-year figures are not yet available. That makes the peer comparison useful mainly as a recent-performance check.
What is the risk category and how concentrated is the portfolio?
The fund is marked High Risk. The top 10 holdings account for 84.48% of the portfolio, which suggests a fairly concentrated structure across 22 disclosed holdings.
What are the tax and exit-load rules?
Units held for less than 1 year are taxed at 20% as short-term capital gains, while units held for more than 1 year are taxed at 12.5% as long-term capital gains. The exit load is 1% if units are sold on or before 15 days, and nil after 15 days.
Bottom line
Quant Commodities Fund Direct Growth Plan has a mixed profile: the 1-year return is positive and ahead of the benchmark, but the shorter recent periods have been weaker and the long-term record is still not available. Relative to the peer set shown here, its recent return is more modest, which makes the fund look less like a steady compounder and more like a newer, theme-driven allocation. The High Risk label, along with a concentrated portfolio led by metals, power and energy names, means this is best viewed as a volatile satellite holding rather than a core market-like equity fund.
Published on 18 September 2026 at 11:41 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.