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

SBI Quant Fund Direct Growth Plan has a current NAV of ₹9.4016 as of 15 Sep 2026 and an AUM of ₹2,921 Cr. Its 1-year, 3-year and 5-year returns are -0.07%, 0% and 0%, and the scheme sits in the High Risk category.

Our view is that this is a fund for investors who can tolerate sharp swings and want a strategy that has not yet built a long performance history. The portfolio is led by large positions in financials, autos, IT and consumer names, so it may behave differently from a plain market-cap index when those pockets move.

Quick facts

Particular	Details
NAV	₹9.4016 as of 15 Sep 2026
AUM	₹2,921 Cr
Expense Ratio	0.76%
Launch Date	26 Dec 2024
Min SIP	₹500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	0.50% on or before 30D, Nil after 30D
Fund Managers	Sukanya Ghosh

The fund is managed by Sukanya Ghosh.

Source data date: as of 15 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-6.46%	-4.81%
3M	-3.8%	-3.63%
1Y	-0.07%	-8.27%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

The recent pattern has been mixed. Over 1 month and 3 months, the fund stayed under pressure and slightly lagged the benchmark, which tells us the strategy has not been immune to near-term weakness. The 1-year figure is much steadier than those short windows and is also materially better than the benchmark’s 1-year result, so the fund has held up better over the full year than the index reference.

That said, the fund’s history is still very short, which limits how much weight we can place on the 1-year number alone. The short track record also means the 3-year and 5-year figures are not yet available, so there is no long compounding record to test whether the recent resilience is durable.

The time pattern suggests an uneven journey rather than a smooth upward line. There were periods of recovery after dips, but the latest 1-month stretch ended lower again. For an investor, that usually points to a fund that can participate when the selected themes work, but may also give back gains quickly when sentiment turns.

Relative to the benchmark, the fund has been ahead over 1 year but slightly behind over the shorter recent windows. That combination tells us the last few months have been weaker than the year-long picture, so the fund has not yet shown a consistent edge across every horizon.

Source data date: as of 15 Sep 2026

Should you BUY or HOLD SBI Quant?

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
SBI Quant Fund Direct Growth Plan	-0.07%	Data not available	Data not available
ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan	69.16%	37.12%	Data not available
HDFC Pharma and Healthcare Fund Direct Growth Plan	27.47%	Data not available	Data not available
SBI Automotive Opportunities Fund Direct Growth Plan	27.05%	Data not available	Data not available
Kotak Healthcare Fund Direct Growth Plan	26.51%	Data not available	Data not available
Motilal Oswal Active Momentum Fund Direct Growth Plan	25.46%	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 stronger recent figures shown by the peer set, while its own 3-year and 5-year figures are not available because the scheme is too new. That makes the short-term comparison look weak versus those peers that have already built visible momentum. The important nuance is that the current fund has still outpaced the benchmark over 1 year, so its relative position against the index is better than its relative position against the stronger thematic peers.

Because the longer-term peer figures are also mostly unavailable, the comparison tells two different stories: the fund has a modest edge over the benchmark, but it trails the more established peer returns on the near-term numbers that are available. For a new scheme, that is a meaningful distinction because it leaves the long-horizon case open rather than proven.

Source data date: as of 15 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
ICICI Bank Ltd.	Bank	9.7%
Bajaj Finance Ltd.	Finance	6.38%
Bajaj Auto Ltd.	Automobile & Ancillaries	5.79%
Tech Mahindra Ltd.	IT	5.65%
Nestle India Ltd.	FMCG	5.64%
Asian Paints Ltd.	Chemicals	5.61%
Coforge Ltd.	IT	5.54%
Eicher Motors Ltd.	Automobile & Ancillaries	5.45%
Hero Motocorp Ltd.	Automobile & Ancillaries	5.15%
AU Small Finance Bank Ltd.	Bank	5.1%

The top 10 holdings account for approximately 60.01% of the portfolio.

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

The largest holding, ICICI Bank Ltd., carries a 9.7% weight, so it is clearly meaningful but not overwhelming on its own. The drop from the first holding to the tenth is modest rather than dramatic, which tells us the visible book is spread across several positions instead of being dominated by a single stock.

At the same time, the top 10 names together account for about 60.01% of the disclosed portfolio, so a sizable share is still concentrated in a relatively small set of holdings. With 26 disclosed holdings in total, the fund appears to combine a focused core with a longer tail of smaller positions that may help reduce dependence on any one name.

That mix may give the portfolio a balanced look within a high-risk strategy: concentrated enough for active views to matter, but not so narrow that one holding alone dictates the outcome. The sector mix among the largest positions also shows exposure across banks, financials, autos, IT, FMCG and chemicals rather than a single-theme cluster.

Source data date: as of 15 Sep 2026

Who should invest

This fund fits investors who are comfortable with High Risk and can stay invested through uneven periods. The short track record and the near-term underperformance versus the benchmark in the latest 1-month and 3-month windows mean patience matters more here than a quick outcome.

It is better suited to a longer horizon, because the 1-year figure is the only meaningful return point available so far. The main trade-off is simple: the strategy may offer a differentiated portfolio mix and can hold up better than the benchmark over some stretches, but it also carries sharp swings and does not yet have a long record to judge consistency.

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 at 0.50% on or before 30D, and there is no exit load after that holding period.

Source data date: as of 15 Sep 2026

Frequently asked questions

What is the current NAV of SBI Quant Fund Direct Growth Plan?

The current NAV is ₹9.4016 as of 15 Sep 2026.

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

The 1-year return is -0.07%, while the 3-year and 5-year returns are Data not available.

How has it performed versus the benchmark?

It has done better than the benchmark over 1 year, but it lagged the benchmark over the 1-month and 3-month windows.

How does it compare with the peer funds listed here?

Its 1-year return is far below the stronger recent returns shown by the peer funds listed here, while its longer-term figures are not yet available.

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 Sukanya Ghosh. Exit load is 0.50% on or before 30D, and there is no exit load after that holding period.

Bottom line

SBI Quant Fund Direct Growth Plan has a mixed near-term picture: the 1-year return is better than the benchmark, but the latest 1-month and 3-month numbers are softer. Against the peer set shown here, the available 1-year comparison is much weaker, while the longer-horizon comparison is still incomplete because the fund is too new. The portfolio is fairly focused, with the top 10 holdings accounting for 60.01% of the disclosed book, so this is a strategy where a limited set of names may have meaningful influence.

Published on 16 September 2026 at 9:25 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.