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

Quant PSU Fund Direct Growth Plan closed at ₹10.7021 on 17 September 2026, with an AUM of ₹430 Cr. Its 1-year, 3-year and 5-year returns are 4.32%, 0% and 0%, and the fund sits in the High Risk bucket. Our view is that this is a niche equity fund that can suit investors who are comfortable with sharp swings and who want a focused PSU-themed portfolio rather than a broad market approach.

The fund has been positive over one year, but the medium-term numbers are still too short to judge a stable compounding pattern with confidence. The benchmark comparison also shows that the fund has held up better than Nifty 50 over 1 year, while the recent 1M and 3M stretches were weaker.

Quick facts

Particular	Details
NAV	₹10.7021 as of 17 Sep 2026
AUM	₹430 Cr
Expense Ratio	1.04%
Launch Date	20 Feb 2024
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	-1.81%	-3.66%
3M	-4.27%	-3.71%
1Y	4.32%	-7.13%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

The short-term pattern has been uneven. The 1M line was still negative, but it held up better than the benchmark over that stretch. The 3M figure was also negative, and here the benchmark fell by a slightly smaller amount, so the fund did not defend as well in the recent quarter.

That mixed near-term picture matters because the scheme has only been live since February 2024, so the return record is still developing. The 1-year result is clearly better than the benchmark, which tells us the fund has delivered a stronger one-year outcome even after the weaker recent patch.

What we cannot say yet is that this advantage is durable across a full market cycle. With 3-year and 5-year figures still unavailable, the available evidence points to a fund that can outperform over a year, but whose shorter windows have moved in a choppier way.

Source data date: as of 17 Sep 2026

Should you BUY or HOLD Quant PSU?

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 PSU? 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 PSU Fund Direct Growth Plan	4.32%	Data not available	Data not available
ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan	69.8%	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 far below the strongest peer figures shown here, but the comparison is not one-dimensional because the scheme’s objective and portfolio shape are more focused on PSU-linked names. On the limited longer-term data available, peers with 3-year figures have a much fuller track record, while this fund still lacks that depth. So the short-term comparison looks weak versus several peers, but the longer-term story is still incomplete for this scheme.

Source data date: as of 17 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Bharat Heavy Electricals Ltd	Capital Goods	9.87%
Container Corporation of India Ltd	Logistics	9.83%
Life Insurance Corporation of India	Insurance	9.79%
Shipping Corporation of India Limited	Logistics	9.77%
Union Bank of India 29/09/2026	Bank	9.68%
State Bank of India 29/09/2026	Bank	9.44%
LIC Housing Finance Ltd	Finance	9.2%
Cochin Shipyard Limited	Ship Building	8.69%
Adani Green Energy Limited	Power	8.63%
PTC India Limited	Power	8.38%

The largest holding, Bharat Heavy Electricals Ltd, carries a 9.87% weight, so no single position dominates the portfolio by itself. The gap from the first holding to the tenth is modest rather than dramatic, moving from 9.87% to 8.38%, which suggests the top sleeve is built in fairly even blocks.

At the same time, the displayed holdings are clearly not a tiny sample of the portfolio. The top 10 together account for approximately 93.28% of assets, and the fund discloses 21 holdings in total, so the visible positions already explain most of the portfolio. That combination points to meaningful concentration in a compact set of names, even though the weights are spread more evenly than in a very top-heavy structure.

This may matter for returns because several of the biggest positions sit in logistics, banking, power and other PSU-linked areas, so performance is likely to be influenced by a relatively focused set of sector outcomes. The portfolio does leave some room for diversification across 21 holdings, but the weight pattern shows that the top group could still drive most of the experience.

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

Source data date: as of 17 Sep 2026

Who should invest

This fund suits investors who can handle High Risk exposure and are willing to accept a portfolio built around a focused PSU theme. The 1-year return is positive, but the shorter 1M and 3M periods were weaker and the 3-year and 5-year figures are still unavailable, so this is better viewed as a fund for patient investors than for those who need a long, proven track record.

Compared with the benchmark, the fund has done better over 1 year, but that advantage has not been smooth across the recent windows. The main trade-off is clear: you get a concentrated equity strategy with the chance of meaningful upside, but you also accept higher volatility and less certainty than a more diversified large-cap style 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: 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 PSU Fund Direct Growth Plan?
The current NAV is ₹10.7021 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 4.32%, while the 3-year and 5-year returns are Data not available.

How has the fund done against Nifty 50?
It has outpaced the benchmark over 1 year, with 4.32% versus -7.13%. Over 1M and 3M, the picture is mixed because the fund was still negative in both periods.

How does it compare with the other funds shown here?
Its 1-year return is much lower than several of the peer funds shown here. The longer-term comparison is harder to judge because this scheme does not yet have 3-year or 5-year figures.

Does the fund allow SIP and what is the minimum?
Yes, SIP is allowed and 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 PSU Fund Direct Growth Plan has a positive 1-year record, but the recent 1M and 3M numbers are weaker and the longer 3-year and 5-year history is not yet available. Against the benchmark, it has held up better over 1 year, while peer comparisons show that several other schemes have delivered much stronger one-year outcomes. The fund is High Risk and its portfolio is built around a compact set of PSU-linked holdings, so it may appeal to investors who want a focused theme and can tolerate uneven performance.

Published on 18 September 2026 at 12:43 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.