Quantum Dynamic Term Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Quantum Dynamic Term Fund Direct Growth Plan is an income-oriented debt fund with a NAV of ₹22.7337 as of 10 Sep 2026 and scheme AUM of ₹87 Cr. Its 1-year, 3-year and 5-year returns are 4.07%, 6.91% and 6.26%, and it carries a Medium Risk tag. Our view is that it looks better suited to conservative investors who want debt exposure with some duration sensitivity, rather than those looking for steady short-term preservation.

The fund’s return pattern is moderately steady over longer periods, but recent performance has been softer than its 3-year trend and remains only modestly ahead of the benchmark over 5 years. The portfolio leans heavily on government securities, cash-like instruments and a smaller set of corporate debt positions, so the outcome may be influenced by interest-rate moves as much as by credit selection.

Quick facts

Particular	Details
NAV	₹22.7337 as of 10 Sep 2026
AUM	₹87 Cr
Expense Ratio	0.51%
Launch Date	19 May 2015
Min SIP	₹500
Risk Category	Medium Risk
Benchmark	Nifty 50
Fund Category	Debt
Exit Load	No exit load after holding period
Fund Managers	Sneha Pandey, Mayur Chauhan

The fund is managed by Sneha Pandey and Mayur Chauhan.

Source data date: as of 10 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-0.69%	-4.06%
3M	1.13%	1.37%
1Y	4.07%	-7.31%
3Y	6.91%	6.07%
5Y	6.26%	5.91%

Near term, the fund has been more stable than the benchmark. Over 1 month, it fell slightly while the benchmark declined more sharply, and over 3 months the benchmark kept a small edge. That tells us the fund has not moved in a straight line, but it has avoided the sharper drawdowns seen in the benchmark’s recent path.

The 1-year figure is the clearest positive signal. The fund returned 4.07% while the benchmark was still negative at -7.31%, so the fund held up materially better through a weak comparison period. That makes the recent picture look sturdier than the benchmark, even though the absolute return remains moderate.

Over 3 years and 5 years, the fund’s returns of 6.91% and 6.26% sit above the benchmark’s 6.07% and 5.91%. The gap is not large, but it shows a consistent edge across longer horizons. Our read is that the fund has delivered a slightly better compounding path than the benchmark, with the stronger part of the record coming from preservation and consistency rather than sharp outperformance.

Viewed together, the short-term path is softer than the 3-year trend, but it is still better than the benchmark’s recent weakness. That mix suggests a debt strategy with moderate interest-rate sensitivity and a return profile that may suit investors who can accept some fluctuation for a steadier long-run outcome.

Source data date: as of 10 Sep 2026

Should you BUY or HOLD Quantum Dynamic Term?

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
Quantum Dynamic Term Fund Direct Growth Plan	4.07%	6.91%	6.26%
Bandhan Dynamic Term Fund Direct Growth Plan	7.41%	7.65%	6.14%
Kotak Dynamic Term Fund Direct Growth Plan	6.76%	7.86%	6.62%
Axis Dynamic Term Fund Direct Growth Plan	6.58%	7.49%	6.26%
360 ONE Dynamic Term Fund Direct Growth Plan	6.39%	8.17%	6.89%
ICICI Pru Dynamic Term Fund Direct Growth Plan	6.02%	7.79%	7.08%

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

On the latest 1-year figure, the fund trails the stronger peer outcomes shown here, especially the higher single-year returns delivered by Bandhan, Kotak, Axis and 360 ONE. That tells us the fund’s recent pace has been more restrained than the stronger peers, even though it still compares well with a weak benchmark period.

Over 3 years, the fund is below several peers but remains close to the middle of the group on the available figures. Over 5 years, it stays competitive with peers such as Bandhan and Axis, while trailing the stronger longer-horizon outcomes from 360 ONE and ICICI Pru. The short-term and longer-term pictures are therefore not the same: the fund looks less forceful recently, but its multi-year compounding remains broadly usable.

Source data date: as of 10 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
TREPS ^	Cash & Cash Equivalents and Net Assets	13.71%
6.94% GOI (MD 11/05/2036)	Government Securities	13.63%
7.71% GOI (MD 18/05/2066)	Government Securities	11.47%
7.24% GOI (MD 18/08/2055)	Government Securities	10.94%
8.95% Power Fin Corp Ltd SR 178 NCD (MD 10/10/28)**	Corporate Debt	5.82%
7.04% GOI (MD 03/06/2029)	Government Securities	5.78%
7.16% Karnataka SDL (MD 07/07/2031)**	Government Securities	5.68%
7.05% Tamilnadu SDL (MD 17/09/2031)**	Government Securities	5.65%
7.44% NABARD NCD SR 26F (MD 17/07/2029)**	Corporate Debt	5.64%
6.36% GOI (MD 16/02/2031)	Government Securities	5.63%

The top 10 holdings account for approximately 83.95% of the portfolio.

To see all holdings, visit the Quantum Dynamic Term Fund Direct Growth Plan page

The largest holding, TREPS ^ at 13.71%, is meaningful but not extreme on its own. The next three positions are also above 10%, which suggests the fund keeps a sizable core in liquid exposure and long-duration government securities. That mix may help dampen credit stress, but it can also leave returns sensitive to interest-rate changes.

The drop from the largest holding to the tenth is not steep enough to suggest one dominant position, yet it is still clear that the fund is shaped by a relatively small set of large exposures. With 83.95% in the displayed top 10 and 15 disclosed holdings in total, the portfolio looks fairly concentrated at the core while still leaving room for a longer tail beyond these positions. That structure may give the fund a more stable base, but it could also limit how quickly performance shifts if rates move in the other direction.

Source data date: as of 10 Sep 2026

Who should invest

This fund is better suited to investors who are comfortable with medium risk in a debt allocation and who can stay invested for several years. The 1-year result is softer than the 3-year and 5-year record, so the fund may not appeal to those who want the smoothest short-term outcome.

The main trade-off is that the portfolio’s government-security tilt can support steadier long-run compounding, but it may also leave returns more dependent on rate movements than on aggressive credit-led gains. Investors who want a debt fund with a moderate return profile, a multi-year horizon and the patience to absorb period-to-period variation may find the shape of this fund more relevant than its latest quarter.

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: No exit load after holding period.

Source data date: as of 10 Sep 2026

Frequently asked questions

What is the current NAV of Quantum Dynamic Term Fund Direct Growth Plan?

The current NAV is ₹22.7337 as of 10 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

Its 1-year, 3-year and 5-year returns are 4.07%, 6.91% and 6.26%.

How has it performed versus the benchmark?

It has beaten the benchmark over 1 year, 3 years and 5 years. The comparison is strongest over 1 year, where the fund was positive while the benchmark was negative.

How does it compare with peer funds on recent returns?

Its 1-year return is below several peer funds in the comparison set, while its 3-year and 5-year figures remain broadly competitive. The shorter-term picture is weaker than the stronger peers, but the longer-term record still holds up reasonably well.

Is there a minimum SIP for this fund?

Yes. The minimum SIP amount is ₹500.

What are the risk profile, portfolio tilt and exit load?

The fund is tagged as Medium Risk. Its portfolio is led by TREPS, government securities and a smaller set of corporate debt positions, and there is no exit load after the holding period.

Bottom line

Quantum Dynamic Term Fund Direct Growth Plan has a weaker recent showing than its longer-run record, but the 3-year and 5-year figures still point to a reasonably consistent debt strategy. It compares well with the benchmark across all the tracked periods, while peer comparisons show a softer recent pace and a more competitive longer-term profile. The portfolio is anchored by government securities and cash-like exposure, which may support stability but also keeps the fund sensitive to rate moves. That combination suits investors who want a medium-risk debt fund with multi-year patience.

Published on 11 September 2026 at 10:43 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.