Quant Liquid Direct Growth Plan Review 2026: NAV, Returns, Portfolio & Should You Invest?

Quant Liquid Plan Direct Growth Plan has an NAV of ₹45.475 as of 09 Sep 2026 and manages ₹1,425 Cr. Its 1-year, 3-year and 5-year returns are 6.13%, 6.78% and 6.29%, and the scheme sits in the Balanced Risk category.

Our view is that this is a liquid fund for investors who want a low-duration parking option with steady, benchmark-aware performance rather than aggressive upside. The return profile has stayed close to its longer-term range, and the portfolio is built around short-dated money market and debt instruments, which supports liquidity and stability.

Quick facts

Particular	Details
NAV	₹45.475 as of 09 Sep 2026
AUM	₹1,425 Cr
Expense Ratio	0.25%
Launch Date	05 Jan 2013
Min SIP	₹1,000
Risk Category	Balanced Risk
Benchmark	Nifty 50
Fund Category	Liquid
Exit Load	0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D
Fund Managers	Sanjeev Sharma, Haroonvardhan Sirohi

The fund is managed by Sanjeev Sharma and Haroonvardhan Sirohi.

Source data date: as of 09 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	0.52%	-4.69%
3M	1.56%	0.93%
1Y	6.13%	-7.16%
3Y	6.78%	6.00%
5Y	6.29%	5.87%

The recent picture is stronger than the benchmark. Over 1 month, the fund stayed positive while the benchmark was negative, and that same gap also appears over 1 year, where the benchmark is still below zero while the fund is comfortably positive. That tells us the fund has been more stable through the latest market patch.

The 3-month return is also ahead of the benchmark, although the gap is smaller than the 1-year spread. This usually matters for liquid funds because shorter windows can move around with money-market pricing and the pace of short-term income accrual.

On a longer horizon, the fund’s 3-year and 5-year returns remain slightly ahead of the benchmark, which points to consistent compounding rather than a one-off spike. The 3-year number is a touch better than the 5-year number, but the overall pattern is steady and restrained, which is what we would expect from a liquid strategy.

Our view from the return path is that the fund has not needed dramatic swings to stay close to or ahead of the benchmark. For investors, that is usually more relevant than chasing a short burst of performance in this segment.

Source data date: as of 09 Sep 2026

Should you BUY or HOLD Quant Liquid Plan?

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 Liquid Plan? Thinking of investing now?

Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium

Peer comparison

Fund	1Y return	3Y return	5Y return
Quant Liquid Plan Direct Growth Plan	6.13%	6.78%	6.29%
Axis Liquid Fund Direct Growth Plan	6.61%	7.02%	6.39%
Sundaram Liquid Fund Direct Growth Plan	6.61%	7.02%	6.38%
Aditya Birla SL Liquid Fund Direct Growth Plan	6.60%	7.03%	6.40%
JioBlackRock Liquid Fund Direct Growth Plan	6.60%	Data not available	Data not available
Edelweiss Liquid Fund Direct Growth Plan	6.58%	7.03%	6.38%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The current fund trails the strongest peer 1-year figures by a small margin, but the difference is modest in the context of liquid funds. Its 3-year and 5-year returns are also a little lower than the better peer numbers in this set, yet they remain close enough to show a broadly similar compounding pattern rather than a clear break in behaviour.

The short-term comparison and the longer-term comparison tell a slightly different story. In the most recent period the fund has been steady, but several peers have been a touch faster; over 3 years and 5 years, the spread is still narrow, which suggests the fund remains competitive without relying on sharper swings.

For readers comparing only available return figures, the main takeaway is that Quant Liquid Plan Direct Growth Plan looks consistent and close to the better peer outcomes, even if it is not at the very top of the available set on every timeframe.

Source data date: as of 09 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
TREPS 01-Sep-2026 Depo 10	Cash & Cash Equivalents and Net Assets	17.71%
Exim Bank CP 22-Sept-2026	Commercial Paper	6.99%
Indian Bank CD 01-Oct-2026	Certificate of Deposit	6.98%
91 Days Treasury Bill 29-Oct-2026	Treasury Bills	6.96%
Axis Bank Limited CD 16-Oct-2026	Certificate of Deposit	6.96%
REC Ltd CP 22-Oct-2026	Commercial Paper	6.95%
PNB Housing Finance Ltd CP 27-Oct-2026	Commercial Paper	6.94%
Bank of Baroda CD 06-Nov-2026	Certificate of Deposit	6.93%
ICICI Securities Ltd CP 05-Nov-2026	Commercial Paper	6.93%
Godrej Industries Ltd CP 23-Oct-2026	Commercial Paper	5.21%

The largest holding is TREPS 01-Sep-2026 Depo 10 at 17.71%, which is sizeable for a liquidity sleeve and likely to have the greatest influence on the short-term profile of the disclosed basket. The next nine holdings are packed into a fairly narrow band from 6.99% down to 5.21%, so the top of the book is balanced rather than top-heavy in the usual equity sense.

The drop from the largest position to the tenth is meaningful, but the rest of the table does not show a steep cliff. That pattern suggests the portfolio may be spread across several short-duration instruments instead of leaning too much on one credit or one issuer.

The top 10 holdings account for approximately 78.56% of the portfolio, and there are 17 disclosed holdings in total. That tells us the visible basket is fairly concentrated in the major positions, yet not limited to only a few names, which can help preserve liquidity while still diversifying issuer exposure across instruments.

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

Source data date: as of 09 Sep 2026

Who should invest

This fund suits investors who are comfortable with a liquid-fund profile and want a parking place for money over a short to medium horizon rather than a high-growth equity substitute. The Balanced Risk category and the short-dated portfolio make it more relevant for capital preservation and liquidity than for aggressive return seeking.

The return pattern also matters here. The fund has stayed positive over 1 year, 3 years and 5 years, and it has generally held up better than the benchmark in both recent and longer windows. That makes it a reasonable fit for investors who value steadiness and benchmark resilience.

The main trade-off is that the portfolio is designed for stability, so the return upside is naturally limited compared with riskier asset classes. Investors who can accept modest but consistent outcomes, along with a short horizon and low volatility expectations, are the natural audience for this type of fund.

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 applies on very short holding periods: 0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, and NIL on or after 7D. After the holding period, there is no exit load.

Source data date: as of 09 Sep 2026

Frequently asked questions

What is the current NAV of Quant Liquid Plan Direct Growth Plan?
Its current NAV is ₹45.475 as of 09 Sep 2026.

What are the 1-year, 3-year and 5-year returns?
The fund’s 1-year, 3-year and 5-year returns are 6.13%, 6.78% and 6.29%.

How does it compare with the benchmark?
The fund has stayed ahead of the benchmark across the listed 1-month, 3-month, 1-year, 3-year and 5-year periods. The widest gap appears over 1 year, where the benchmark is negative and the fund remains positive.

How does it compare with the peer funds listed here?
Its available return figures are close to the better peer numbers, though some peers have slightly higher 1-year, 3-year and 5-year returns. One peer also has missing longer-term figures, so those cells are shown as Data not available.

What is the fund’s risk category and portfolio style?
It sits in the Balanced Risk category and holds short-dated cash, Treasury Bill, commercial paper and certificate of deposit instruments. That mix points to a liquid portfolio built for stability and ease of deployment.

Who manages the fund and what is the exit load?
The fund is managed by Sanjeev Sharma and Haroonvardhan Sirohi. Exit load tapers from Day 1 through Day 6 and becomes NIL on or after 7D.

Bottom line

Quant Liquid Plan Direct Growth Plan has shown steady performance across recent and longer periods, with returns that remain close to the benchmark and slightly ahead on most listed windows. Compared with peers, the gap is modest rather than wide, which supports the view that this is a consistent liquid fund rather than an outlier. Its Balanced Risk category and heavy use of short-dated instruments make it more suitable for investors who want liquidity, discipline and modest compounding from a short-horizon allocation.

Published on 10 September 2026 at 2:40 PM IST

Explore mutual funds with Univest

Review mutual fund data, compare performance and explore fund insights on Univest.

Explore Univest

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.