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

Quant Flexi Cap Fund Direct Growth Plan has a current NAV of ₹123.393 as of 27 Aug 2026, with scheme AUM of ₹7,261 Cr. Its 1-year, 3-year and 5-year returns are 18.21%, 17.97% and 16.81% respectively, and the fund sits in the High Risk category. Our view is that this is a more suitable option for investors who are comfortable with equity volatility and want a flexi-cap fund that has held up well over longer periods, even though the recent return path has been uneven.

The fund’s market-cap mix is tilted toward large-cap stocks, with a meaningful mid-cap sleeve and a small small-cap allocation. That structure may help keep the portfolio anchored, while the sector mix still leaves enough room for sharper swings. In our view, the return profile looks suitable for a long horizon, but it does ask investors to accept periods where shorter-term moves may differ from the longer-term trend.

Quick facts

Item	Details
NAV	₹123.393
AUM	₹7,261 Cr
Expense Ratio	0.66%
Launch Date	07 Jan 2013
Min SIP	₹250
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 15 days; nil after 15 days
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 27 Aug 2026

Performance

Period	Fund return	Benchmark return
1M	2.44%	0.44%
3M	2.16%	2.31%
1Y	18.21%	-2.53%
3Y	17.97%	6.72%
5Y	16.81%	7.06%

The near-term pattern is mixed. The fund has stayed positive over the latest month and three months, but the 3-month return trails the benchmark a little, which tells us the recent stretch has not been uniformly stronger than the index.

Over the 1-year horizon, the picture improves sharply. The fund’s 18.21% return is well ahead of the benchmark’s -2.53%, so the strategy has clearly navigated a difficult period for the index better than the benchmark itself.

The longer-term view is also supportive. The 3-year return of 17.97% and 5-year return of 16.81% both sit comfortably above the benchmark’s 6.72% and 7.06%, which suggests the fund has compounded at a healthier pace than the index over full market cycles. The underlying return path also shows some intermittent swings rather than a smooth rise, so investors should expect variability even when the broader trend stays constructive.

Overall, the fund’s recent behaviour is not identical to the steadier longer-term pattern, but the longer window still indicates stronger compounding than the benchmark. That combination matters for a flexi-cap strategy: it can participate across market segments, yet it will still move with equity conditions.

Source data date: as of 27 Aug 2026

Should you BUY or HOLD Quant Flexi Cap?

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 Flexi Cap Fund Direct Growth Plan	18.21%	17.97%	16.81%
ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan	82.46%	39.16%	Data not available
SBI Automotive Opportunities Fund Direct Growth Plan	35.50%	Data not available	Data not available
Aditya Birla SL Mfg. Equity Fund Direct Growth Plan	29.89%	23.54%	17.01%
Motilal Oswal Active Momentum Fund Direct Growth Plan	28.19%	Data not available	Data not available
Kotak Healthcare Fund Direct Growth Plan	28.01%	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 return is lower than several of the named peers in this set, especially the more focused thematic strategies, but its longer-horizon returns are steadier and more complete than many of those peers. Where 3-year and 5-year data are available, the fund compares favourably with Aditya Birla SL Mfg. Equity Fund Direct Growth Plan on 5-year returns and remains competitive on 3-year returns as well.

The short-term and longer-term comparisons tell different stories. On a 1-year basis, the fund trails several peers with sharper recent momentum, while over 3 years and 5 years it shows a more balanced compounding profile. That makes it look less like a recent momentum play and more like a diversified equity strategy that has delivered through longer periods without relying on a single short burst of performance.

Source data date: as of 27 Aug 2026

Portfolio: where your money goes

The market-cap mix is 62.41% large cap, 15.82% mid cap, 4.66% small cap and 1.25% other. That leaves the portfolio meaningfully anchored in larger companies, while still keeping enough mid-cap and small-cap exposure to add return potential.

Sector	Weight	Top holdings
POWER	13.89%	ADANI POWER LIMITED (6.49%), TATA POWER COMPANY LIMITED (2.96%)
BANK	12.27%	ICICI BANK LIMITED (3.56%), KOTAK MAHINDRA BANK LIMITED (3.17%)
INSURANCE	11.24%	LIFE INSURANCE CORPORATION OF INDIA (9.41%), HDFC LIFE INSURANCE CO LTD (1.59%)
HEALTHCARE	9.72%	AUROBINDO PHARMA LIMITED (5.24%), ALIVUS LIFE SCIENCES (1.26%)
INFRASTRUCTURE	8.17%	IRB INFRASTRUCTURE DEVELOPERS LIMITED (4.82%), LARSEN & TOUBRO LIMITED (2.62%)

Power is the largest sector at 13.89%, and it is only moderately above Bank at 12.27% and Insurance at 11.24%. That means the portfolio is not dominated by one overwhelming sector, even though energy-linked holdings may still have a noticeable influence on day-to-day movement.

The sector spread is fairly broad across financials, healthcare and infrastructure, which may reduce dependence on any one part of the market. Within the listed holdings, Life Insurance Corporation of India at 9.41% stands out as a relatively large single position, while Adani Power Limited at 6.49% is also meaningful. These positions could affect returns more than smaller names, but the overall mix still looks diversified across five visible sectors.

From a behaviour standpoint, the large-cap tilt may help smooth some of the volatility that comes with a flexi-cap mandate, while the mid-cap and small-cap sleeves preserve upside participation. In our view, Power is likely to have greater influence on portfolio outcomes than the other sectors because it has the highest allocation, but the gap is not so wide that the rest of the portfolio becomes irrelevant.

Source data date: as of 27 Aug 2026

Who should invest

This fund suits investors who are comfortable with High Risk equity exposure and can stay invested through periods of uneven short-term movement. The 1-year return has been strong, but the 3-year and 5-year numbers matter more here because they show whether the fund has held up across a fuller cycle.

It is better aligned with a long investment horizon, since the benchmark comparison and the portfolio’s large-cap tilt suggest a strategy that can participate in rallies while still facing normal equity drawdowns. The main trade-off is that investors may accept short-term variability in exchange for a portfolio that has historically compounded better than the benchmark over longer periods.

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 27 Aug 2026

Frequently asked questions

What is the current NAV of Quant Flexi Cap Fund Direct Growth Plan?
The current NAV is ₹123.393 as of 27 Aug 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 18.21% over 1 year, 17.97% over 3 years and 16.81% over 5 years.

How does the fund compare with the benchmark?
It has outperformed the Nifty 50 over 1 year, 3 years and 5 years. The benchmark returns are -2.53%, 6.72% and 7.06% for those periods.

How does it compare with the peer funds listed here?
Its 1-year return is below several of the thematic peers listed, but its 3-year and 5-year results are steadier and more complete than many of them. The longer record makes the comparison look more balanced than the short-term numbers alone.

What is the minimum SIP amount?
The minimum SIP amount is ₹250.

Who manages the fund and what is the risk profile?
The fund is managed by Sandeep Tandon, Ankit Pande, Varun Pattani and Ayusha Kumbhat. It is tagged as High Risk, so it fits investors who are comfortable with equity volatility and a long horizon.

Bottom line

Quant Flexi Cap Fund Direct Growth Plan has a recent return pattern that is a little mixed, but its 3-year and 5-year numbers are more consistent and sit well above the benchmark. Among the peer funds shown here, the fund looks less explosive on the 1-year measure but more balanced across the longer periods. The portfolio is large-cap heavy, with meaningful sector exposure to Power and a notable position in Life Insurance Corporation of India, so it may appeal to investors who want equity participation without an overly narrow market-cap profile.

Published on 28 August 2026 at 10:37 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.