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

Quant Multi Asset Allocation Fund Direct Growth Plan currently has a NAV of ₹181.7338 as of 09 Sep 2026 and an AUM of ₹6,527 Cr. Its 1-year, 3-year and 5-year returns are 18.36%, 21.65% and 19.99%, and the scheme sits in the High Risk category. Our view is that this fund suits investors who can tolerate sharp swings in pursuit of equity-led compounding, with gold, cash and stock exposures shaping a more flexible multi-asset profile than a plain equity fund.

The recent numbers also show that the fund has held up better than its benchmark over the medium and long term. That makes it relevant for investors who want a diversified hybrid allocation and can accept that near-term performance may move unevenly even when the longer trend remains strong.

Quick facts

Particular	Details
NAV	₹181.7338 as of 09 Sep 2026
AUM	₹6,527 Cr
Expense Ratio	0.63%
Launch Date	07 Jan 2013
Min SIP	₹1,000
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Hybrid
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 09 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-1.23%	-4.69%
3M	1.71%	0.93%
1Y	18.36%	-7.16%
3Y	21.65%	6%
5Y	19.99%	5.87%

Short-term movement has been mixed, but the fund still stayed ahead of the benchmark over both the 1-month and 3-month windows. The 1-month figure was negative, which tells us the fund is not immune to quick reversals, yet it still fell less than the benchmark over that period.

The bigger picture is much stronger. The 1-year, 3-year and 5-year returns all sit well above the benchmark’s corresponding numbers, which points to better compounding over full market cycles rather than only in one recent phase. That is an important distinction for a multi-asset strategy because it suggests the fund has not relied only on a single short burst of momentum.

The time pattern also looks uneven rather than linear. There were phases of firmness, brief pullbacks and later recovery, which is normal for a fund that mixes asset classes and takes active positioning. For investors, the key takeaway is that the path has not been smooth, but the longer holding periods have still produced a strong outcome relative to the benchmark.

Overall, the performance profile says more about durability than about consistency from month to month. Our reading is that the fund has rewarded patience better than it has rewarded very short holding periods.

Source data date: as of 09 Sep 2026

Should you BUY or HOLD Quant Multi Asset Allocation?

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 Multi Asset Allocation Fund Direct Growth Plan	18.36%	21.65%	19.99%
360 ONE Multi Asset Allocation Fund Direct Growth Plan	20.37%	Data not available	Data not available
Kotak Multi Asset Allocation Fund Direct Growth Plan	18.17%	Data not available	Data not available
DSP Multi Asset Allocation Fund Direct Growth Plan	16.27%	Data not available	Data not available
Mahindra Manulife Multi Asset Allocation Fund Direct Growth Plan	15.34%	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 below one peer in this set and above the other three, so the near-term comparison is mixed rather than one-sided. The longer-term picture is clearer: its 3-year and 5-year returns are materially stronger than the available longer-horizon figures shown for the peers, which suggests better multi-year compounding in the periods where we can compare it directly.

That split matters. The short-term table does not tell the same story as the longer-term one, so investors should read the fund as a vehicle whose recent pace can vary, while its full-cycle record has remained more convincing than the peer figures available here.

Source data date: as of 09 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Nca-Net Current Assets	Cash & Cash Equivalents and Net Assets	15%
TREPS 01-Sep-2026 Depo 10	Cash & Cash Equivalents and Net Assets	9.43%
Reliance Industries Limited	Crude Oil	9.25%
Nippon India ETF Gold Bees	Domestic Mutual Funds Units – Gold	9.01%
Bharti Airtel Limited	Telecom	8.75%
Adani Enterprises Limited	Trading	6.86%
Adani Green Energy Limited	Power	5.92%
Aurobindo Pharma Limited	Healthcare	4.73%
Indus Towers Limited	Telecom	3.35%
ICICI Prudential AMC Ltd	Domestic Equities	3.05%

The largest disclosed holding is Nca-Net Current Assets at 15%, which is a meaningful cash-like sleeve at the top of the portfolio. That matters because it can soften the immediate impact of equity moves, even though the fund still carries a High Risk profile overall.

Weight then falls fairly steadily into the rest of the list. By the tenth holding, the weight has dropped to 3.05%, so the disclosed positions are spread across a mix of cash, gold, equity and sector-specific exposures rather than sitting entirely in one dominant stock. That pattern may reduce reliance on any single holding, while still allowing the bigger names to matter.

The top 10 disclosed holdings account for approximately 75.35% of the portfolio, and the scheme discloses 32 holdings in total. That tells us the portfolio is reasonably concentrated at the visible top end, but not so narrow that the entire fund depends on only a few positions. The tail beyond the top 10 could still matter, yet the stated top holdings already carry substantial influence.

To see all holdings, visit the Quant Multi Asset Allocation Fund Direct Growth Plan page

Source data date: as of 09 Sep 2026

Who should invest

This fund fits investors who are comfortable with High Risk and want a multi-asset allocation that can blend equity, gold and cash exposures. The return pattern shows strong 1-year, 3-year and 5-year outcomes, but the shorter windows also show that performance can move around, so patience matters.

The better fit is a medium- to long-term horizon, not a quick in-and-out approach. The trade-off is clear: you get a strategy that has outpaced the benchmark over longer stretches, but you must accept uneven short-term movement and portfolio shifts that may not look steady from month to month.

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 15 days, nil after 15 days.

Source data date: as of 09 Sep 2026

Frequently asked questions

What is the current NAV of Quant Multi Asset Allocation Fund Direct Growth Plan?
The current NAV is ₹181.7338 as of 09 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 18.36% for 1 year, 21.65% for 3 years and 19.99% for 5 years.

How has the fund performed against its benchmark?
It has outpaced the benchmark over 1 year, 3 years and 5 years, while also staying ahead over the 1-month and 3-month periods shown here.

How does it compare with the peer funds listed here?
Its 1-year return is below 360 ONE Multi Asset Allocation Fund Direct Growth Plan but above the other listed peers, while its 3-year and 5-year returns are stronger than the longer-term peer figures available here.

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, Sameer Kate and Varun Pattani. The exit load is 1% on or before 15 days and nil after 15 days.

Bottom line

Quant Multi Asset Allocation Fund Direct Growth Plan has shown a clearer longer-term edge than a short-term one: the recent 1-month and 3-month moves were uneven, but the 1-year, 3-year and 5-year records stayed comfortably ahead of the benchmark. Against the peer figures available here, the longer-term numbers also look stronger, even though the 1-year comparison is mixed. The portfolio’s visible top end mixes cash, gold and equities, which may support diversification but still leaves the fund in High Risk territory.

Published on 10 September 2026 at 2:55 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.