Quant BFSI Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Quant BFSI Fund Direct Growth Plan is at ₹21.5627 as of 17 September 2026, with scheme AUM of ₹922 Cr. Its 1-year, 3-year and 5-year returns are 15.51%, 21.43% and 0%, and the scheme carries a High Risk label.

Our view is that this is a cyclical financials-focused equity fund that has done well over 1 year and 3 years, but the 5-year figure cannot be read as a meaningful long-term record because the fund was launched on 20 Jun 2023. The return pattern and concentrated financial-services exposure make it more relevant for investors who can tolerate sharp swings and want a thematic allocation rather than a broad market core.

Quick facts

Particular	Details
NAV	₹21.5627 as of 17 Sep 2026
AUM	₹922 Cr
Expense Ratio	0.76%
Launch Date	20 Jun 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, 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	1.97%	-3.66%
3M	1.58%	-3.71%
1Y	15.51%	-7.13%
3Y	21.43%	5.82%
5Y	Data not available	Data not available

The fund has stayed ahead of the benchmark over the short windows shown here. Over 1 month and 3 months, it held a positive return while the Nifty 50 was negative, which points to relative resilience in a weak market phase. The 1-year number is also comfortably ahead of the benchmark, and that matters more for this fund because it has already shown the ability to participate in a recovery rather than just bounce briefly.

The 3-year return is still strong, but the gap over the benchmark is narrower than in the 1-year period. That tells us the fund has not only benefited from a recent upswing; it has also compounded reasonably well through a longer stretch. At the same time, the 1-year and 3-month pattern suggests the ride has not been smooth, which is consistent with a High Risk mandate.

Because the fund began in Jun 2023, there is no real 5-year return history to judge. So, our read is that the recent track record is stronger evidence than any long-horizon comparison, and the more useful question is whether an investor is comfortable with a concentrated financials exposure that can move differently from a broad index.

Source data date: as of 17 Sep 2026

Should you BUY or HOLD Quant BFSI?

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Quant BFSI Fund Direct Growth Plan	15.51%	21.43%	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 trails each of the peer funds listed here, while its 3-year return is stronger than only the peers that do not have a 3-year figure available. The comparison is mixed because several peers are also shorter-history products, so the clearest takeaway is about recent momentum rather than a clean long-run contest. On the available numbers, this fund looks steadier than the broad benchmark, but not as fast-moving as the most aggressive peers in this set.

That makes the short-term and longer-term picture different. The fund’s 3-year result is respectable, yet the 1-year lag versus the peer group shows that the recent phase has been less forceful than some thematic and sector-focused alternatives. For investors, that means the fund can still serve a differentiated BFSI allocation, but it does not currently stand out on one-year trailing performance within this comparison set.

Source data date: as of 17 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Capri Global Capital Limited	Finance	10.13%
IDBI Bank Limited	Bank	10%
Piramal Finance Ltd	Finance	9.53%
Life Insurance Corporation of India	Insurance	9.16%
ICICI Prudential AMC Ltd	Domestic Equities	9.14%
State Bank of India 29/09/2026	Bank	9.01%
Union Bank of India	Bank	9.01%
Kotak Mahindra Bank Limited 29/09/2026	Bank	6.79%
Onemi Technology Solutions Limited	Domestic Equities	5.09%
Nippon Life India Asset Management Ltd 29/09/2026	Finance	3.93%

The top 10 holdings account for approximately 81.79% of the portfolio.

To see all holdings, visit the Quant BFSI Fund Direct Growth Plan page

Capri Global Capital Limited is the largest holding at 10.13%, so it is likely to have greater influence on short-term portfolio movement than a smaller position would. The next few positions are also close in size, with several holdings clustered around the 9% mark, which means the fund does not rely on a single outsized bet alone.

The weight then tapers through the rest of the top 10, falling to 3.93% by the tenth holding. That is still a meaningful position, but the decline from the largest holding to the tenth suggests the portfolio is built around a set of sizeable core exposures rather than one dominant stock. Since the disclosed top 10 already account for 81.79% of the portfolio and there are 26 holdings in total, the fund appears fairly concentrated at the disclosed top level, even though the tail is long enough to add some diversification.

This kind of structure may help the fund express a clear sector view, but it also means individual financials names can move the outcome more visibly than in a broadly diversified equity fund.

Source data date: as of 17 Sep 2026

Who should invest

This fund suits investors who are comfortable with High Risk equity exposure and who can stay invested through uneven periods. The 1-year and 3-year returns show that it can participate well in a favourable cycle, but the benchmark comparison also shows that short stretches can still be volatile.

A longer horizon is more suitable than a short trading window, because the portfolio is built around financials and related businesses rather than the full market. The main trade-off is between the possibility of stronger thematic gains and the chance of larger swings when the BFSI cycle is less supportive.

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 15D, Nil after 15D

Source data date: as of 17 Sep 2026

Frequently asked questions

What is the current NAV of Quant BFSI Fund Direct Growth Plan?
The current NAV is ₹21.5627 as of 17 September 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s 1-year return is 15.51%, its 3-year return is 21.43%, and its 5-year return is Data not available.

How does the fund compare with the Nifty 50?
It has outperformed the Nifty 50 over 1 month, 3 months, 1 year and 3 years in the periods shown. The benchmark figures are weaker over the same windows, which means the fund has held up better in the available comparison periods.

How does it compare with the peer funds listed here?
Its 1-year return is lower than the peer funds listed here, while its 3-year figure is solid but not as strong as the most aggressive short-history peer in the set. The comparison is most useful as a check on recent momentum rather than a full long-term ranking.

What is the minimum SIP amount?
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% on or before 15D, and nil after 15D.

Bottom line

Quant BFSI Fund Direct Growth Plan has shown stronger recent performance than the benchmark and a respectable 3-year record, but the fund’s shorter history means the 5-year figure is not a useful anchor. Against the peer set shown here, its 1-year return is softer, which suggests the latest phase has been less forceful than some thematic alternatives. The portfolio is concentrated in BFSI and related names, so the fund may suit investors who want a focused financials allocation and can accept High Risk swings in exchange for that theme.

Published on 18 September 2026 at 1:34 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.