Quantum Nifty 50 ETF FOF Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Quantum Nifty 50 ETF FOF Direct Growth Plan has a NAV of ₹13.8396 as of 15 Sep 2026 and a scheme AUM of ₹35 Cr. Its 1-year, 3-year and 5-year returns are -6.59%, 5.75% and 0%, respectively, and it sits in the High Risk category.

Our view is that this fund suits investors who can accept sharp short-term swings and are mainly looking for Nifty 50 exposure through a fund-of-fund structure. The portfolio is highly concentrated, with one underlying holding and a very low expense ratio of 0.06%.

Quick facts

Particular	Details
NAV	₹13.8396 as of 15 Sep 2026
AUM	₹35 Cr
Expense Ratio	0.06%
Launch Date	05 Aug 2022
Min SIP	₹500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Fund of Fund
Exit Load	No exit load
Fund Managers	Hitendra Parekh

The fund is managed by Hitendra Parekh.

Source data date: as of 15 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-4.71%	-4.41%
3M	-3.19%	-3.60%
1Y	-6.59%	-7.76%
3Y	5.75%	5.74%
5Y	Data not available	Data not available

The short-term pattern has been uneven. Over 1 month and 3 months, the fund remained under pressure, but the 3-month decline was slightly smaller than the benchmark’s fall. That tells us the recent move has been broadly weak, but not meaningfully worse than the index at the longer of those two short windows.

The 1-year picture is better than the benchmark by a small margin, even though both numbers are negative. That matters because it shows the fund has slightly reduced the index’s downside over the latest full-year stretch rather than lagging it.

The 3-year return is almost identical to the benchmark, which suggests the fund has closely tracked Nifty 50-style behaviour over a full market cycle. The time pattern also points to a meaningful dip earlier in the period followed by recovery, so the longer view is more about tracking the market through weakness and rebound than about differentiated performance.

There is no 5-year return because the fund is younger than five years. For a fund launched in August 2022, the useful read-through is that the recent one-year softness does not change the broader 3-year alignment with the benchmark.

Source data date: as of 15 Sep 2026

Should you BUY or HOLD Quantum Nifty 50 ETF FOF?

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 Quantum Nifty 50 ETF FOF? Thinking of investing now?

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Peer comparison

Fund	1Y return	3Y return	5Y return
Quantum Nifty 50 ETF FOF Direct Growth Plan	-6.59%	5.75%	Data not available
SBI Silver ETF FOF Direct Growth Plan	76.71%	Data not available	Data not available
Kotak Silver ETF FoF Direct Growth Plan	75.91%	45.12%	Data not available
Axis Silver FoF Direct Growth Plan	74.42%	45.18%	Data not available
Zerodha Silver ETF FoF Direct Growth Plan	73.46%	Data not available	Data not available
Nippon India Silver ETF FOF Direct Growth Plan	72.65%	43.94%	Data not available

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

The fund’s recent return profile trails the silver-oriented peer set by a wide margin on the 1-year number, but the comparison is not apples-to-apples because the peer table is mixed across different fund types. Within the table itself, the fund’s 3-year return is stable and close to its benchmark, while some peers with available 3-year data have much higher figures.

That creates two different stories: the fund looks closely benchmark-linked over the medium term, while the peer set includes strategies with much stronger recent momentum. For an investor, the useful point is that this fund’s value lies more in benchmark tracking and low cost than in standout return separation.

Source data date: as of 15 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Quantum Nifty 50 ETF*	Domestic Mutual Funds Units	100.06%

The portfolio is fully centered on a single holding, so the largest position is effectively the entire visible portfolio. At 100.06%, it leaves almost no room for diversification within the disclosed holding list, which means this fund’s behaviour is likely to be driven almost entirely by the underlying ETF.

Because only one holding is disclosed, there is no fall-off from the largest position to a tenth position in the usual sense. That makes the structure very simple, but also very concentrated, since the disclosed exposure does not spread across multiple names.

With one disclosed holding out of one total disclosed holding, the portfolio is as concentrated as it can be in the visible list. The combined displayed weight is 100%, which confirms that the fund’s exposure is narrowly focused rather than spread across a long tail of positions.

Source data date: as of 15 Sep 2026

Who should invest

This fund is better suited to investors who can tolerate High Risk and are comfortable with short-term swings in a market-linked product. The return history suggests that patience matters: recent numbers have been weak, but the 3-year outcome has stayed close to the benchmark, which points to a fund that moves with the market rather than trying to break away from it.

The main trade-off is that investors get simple Nifty 50 exposure and a very low expense ratio, but they also accept concentrated structure, benchmark-like behaviour and periods of negative returns. A longer horizon is more sensible than a short one, especially if the goal is to hold through market cycles rather than react to every near-term dip.

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.

Source data date: as of 15 Sep 2026

Frequently asked questions

What is the current NAV of Quantum Nifty 50 ETF FOF Direct Growth Plan?

The current NAV is ₹13.8396 as of 15 Sep 2026.

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

The fund’s 1-year return is -6.59%, its 3-year return is 5.75%, and its 5-year return is 0% in the available record.

How does the fund compare with Nifty 50?

It has done slightly better than Nifty 50 over 1 year, with -6.59% versus -7.76%, and it is almost identical to the benchmark over 3 years at 5.75% versus 5.74%.

How does it compare with the listed peer funds on recent returns?

The peer set includes several silver-focused funds with much stronger 1-year returns, while this fund’s 1-year result is negative. Its 3-year figure is close to the benchmark, but many peers with available 3-year data are materially higher on that measure.

Is there a minimum SIP amount?

Yes, the minimum SIP amount is ₹500.

Who manages the fund and what is the exit load?

The fund is managed by Hitendra Parekh. There is no exit load.

Bottom line

Quantum Nifty 50 ETF FOF Direct Growth Plan has looked soft over the latest year, but its 3-year outcome is much steadier and nearly in line with Nifty 50. That mix suggests a fund that behaves like its benchmark over time rather than one that consistently breaks away from it. The structure is highly concentrated, with one disclosed holding, and the expense ratio is low. It suits investors who want market-linked exposure, can live with High Risk, and are prepared for short-term fluctuations.

Published on 17 September 2026 at 3:31 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.