EquitySmall Cap FundDirectIDCWVery High

Quant Small Cap Fund

Q: What is the NAV of Quant Small Cap Fund?

As of 01 Oct 2026, the NAV of Quant Small Cap Fund is ₹245.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Quant Small Cap Fund delivered?

Quant Small Cap Fund has returned +13.46% over 1 year, +16.94% per year over 3 years, +18.66% per year over 5 years and +15.99% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Quant Small Cap Fund?

Quant Small Cap Fund charges an expense ratio of 0.90% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Quant Small Cap Fund?

Quant Small Cap Fund's largest holdings are HFCL Limited (6.7%), RBL Bank Limited (4.5%), Adani Enterprises Limited (4.3%), Adani Power Limited (3.3%) and Aegis Logistics Limited (3.2%). Holdings are disclosed monthly and change over time.

Q: How risky is Quant Small Cap Fund?

Quant Small Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.8% and its worst peak-to-trough fall in our sample was -46.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.59 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Quant Small Cap Fund's 0.59 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Quant Small Cap Fund?

Quant Small Cap Fund is benchmarked against the NIFTY SMALL CAP 250 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Quant Small Cap Fund?

Quant Small Cap Fund is managed by Ankit Pande, Sanjeev Sharma, Sandeep Tandon and Ayusha Kumbhat at quant.

Q: How is Quant Small Cap Fund taxed?

Quant Small Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

quant Mutual Fund · Best Small Cap Mutual Funds

NAV

₹245.20

-0.71% 1D

as of 01 Oct 2026

This is the Direct plan of Quant Small Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

Performance

+15.09%CAGR

52-week rangePrev NAV ₹246.95

Latest ₹245.20

Low ₹187.5587th percentile of its 52-week rangeHigh ₹253.67

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.

Performance—

Not enough Small Cap Fund peers to rank yet

Risk—

Volatility 17.8% (no category average yet)

Cost—

0.9% expense (no category average yet)

ConsistencyModerate

88% of rolling 3Y windows were positive

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.90%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

30.58

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.59

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

For redemptions / switch outs (including SIP/STP) within 1 year from the date of allotment of units, irrespective of the amount of investment: 1%.No exit load shall be applicable on switches from Regular Plan to Direct Plan and vice versa, under the same scheme.

1.00%

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

NIFTY SMALL CAP 250 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

07 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-1.44%

Absolute return over the last 3 months (not annualized)

+1.26%

Absolute return over the last 6 months (not annualized)

+26.53%

Absolute return since 1 Jan of this year (not annualized)

+13.33%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+13.46%

3-year annualized return (CAGR)

+16.94%

5-year annualized return (CAGR)

+18.66%

10-year annualized return (CAGR)

+19.96%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+15.99%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

17.81%

Excess return per unit of total volatility (rf = 6.5%)

0.59

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.79

Largest peak-to-trough decline over full history

-46.63%

Benchmark ratios (vs Nifty Smallcap 250 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Smallcap 250 TRI

3.40%

Sensitivity to Nifty Smallcap 250 TRI moves; 1 = moves with the index

0.88

How much of the fund's movement Nifty Smallcap 250 TRI explains

91.1%

Excess return per unit of beta (market risk)

12.21

Active return over the benchmark per unit of tracking error

0.46

Annualized std dev of fund-minus-benchmark returns

6.59%

Fund's share of benchmark gains in up months (100 = matches index)

94.5%

Fund's share of benchmark losses in down months (lower is better)

79.9%

Computed vs the Nifty Smallcap 250 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Small Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-1.44%	—	—
3M abs	+1.26%	—	—
6M abs	+26.53%	—	—
1Y CAGR	+13.46%	—	—
3Y CAGR	+16.94%	—	—
5Y CAGR	+18.66%	—	—

Category average across peers in Small Cap Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹9.32L

Absolute

+55.33%

XIRR

+18.21%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Quant Small Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty Smallcap 250 TRI	Diff
2026part	+13.33%	+6.37%	+6.96%
2025	-1.36%	-5.29%	+3.93%
2024	+23.50%	+27.52%	-4.02%
2023	+48.06%	+49.76%	-1.70%
2022	+11.22%	-2.65%	+13.87%
2021	+91.55%	+63.41%	+28.14%
2020	+75.69%	+27.11%	+48.58%
2019	-23.14%	-7.26%	-15.88%
2018	+1.19%	-26.33%	+27.52%
2017	+2.18%	+58.25%	-56.07%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

3,382

Expense ratio

0.90%

AUM

₹30,875Cr

Portfolio turnover

108%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

30.6

P/B ratio

4.5

Avg market cap

₹86,719Cr

P/E & P/B are portfolio-weighted harmonic means across 87 of 103 equity holdings (82% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Small Cap Fund

Compare all


Quant Small Cap FundThis fund quant · Direct · IDCW	—	+13.46%	+16.94%	+18.66%	—	0.90%	₹30,875Cr
Bank of India Small Cap Fund Bank of India · Direct · IDCW	—	+29.25%	+21.62%	+20.05%	—	0.78%	₹2,235Cr
ITI Small Cap Fund ITI · Direct · IDCW	—	+17.07%	+20.95%	+16.95%	—	0.84%	₹2,977Cr
Mahindra Manulife Small Cap Fund Mahindra Manulife · Direct · IDCW	—	+11.00%	+17.63%	—	—	0.92%	₹4,512Cr
LIC MF Small Cap Fund LIC · Direct · IDCW	—	+14.84%	+17.60%	—	—	1.28%	₹673.88Cr
Bandhan Small Cap Fund Bandhan · Direct · IDCW	—	+3.74%	+14.92%	+12.07%	—	0.61%	₹26,012Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap15.0%
Mid cap32.9%
Small cap52.1%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity89.54%
Cash & Equivalents9.41%
Debt1.04%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Quant Value Fund quant · Value Fund	31.7% of 73% equity	★★★★☆	0.90%	+19.28%
Quant Multi Cap Fund quant · Multi Cap Fund	29.1% of 83% equity	★☆☆☆☆	1.02%	+9.07%
quant ESG Integration Strategy Fund quant · Sectoral/ Thematic	22.8% of 68% equity	★★★☆☆	1.79%	+16.30%
Kotak Nifty Smallcap 50 Index Fund Kotak Mahindra · Index Funds	22.7%	★★★★☆	0.34%	+17.13%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Aditya Birla Sun Life · Index Funds	22.7%	★★★★☆	0.57%	+17.31%
Axis Nifty Smallcap 50 Index Fund Axis · Index Funds	22.7%	★★★★☆	0.45%	+17.07%
Quant Flexi Cap Fund quant · Flexi Cap Fund	21.1%! of 71% equity	★★★☆☆	1.07%	+14.11%
Quant Infrastructure Fund quant · Sectoral/ Thematic	20.9%	★★★☆☆	1.08%	+16.35%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

4 holdings — 9.75% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

HFCL LimitedLong-term · Stage IV6.70%
Welspun Corp LimitedLong-term · Stage I2.98%
Vishnu Prakash R Punglia LimitedLong-term · Stage I0.05%
Primo Chemicals LimitedShort-term · Stage I0.03%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-46.6%19 Dec 2018 → 24 Mar 2020
Fell over 15 months, back to the old high on 07 Aug 2020 — 4 months under water after the low.
-25.2%17 Jan 2022 → 20 Jun 2022
Fell over 5 months, back to the old high on 30 Nov 2022 — 5 months under water after the low.
-24.4%27 Sep 2024 → 03 Mar 2025
Fell over 5 months, back to the old high on 22 Jun 2026 — 16 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹30,875Cr

April - June 2026

+11%

since January - March 2026

+₹809.16Cr

est. net flow, last quarter

At or near its largest, ₹30,875Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

quant Mutual Fund is run by quant Money Managers, which acquired the erstwhile Escorts Mutual Fund in 2018 and rebranded it. The house runs a data-driven approach with markedly higher portfolio turnover than most of its peers.

Launched

14 Apr 1996

Total AUM

₹95,314Cr+7.9% QoQ

Avg AUM · April - June 2026

Website

quantmutual.com

Fund Managers

APAnkit PandeManaging since 10 May 2020

Education

Bachelor of Engineering degree (Electronics & Telecommunications) from the University of Pune. Master’s in Business Administration from The Chinese University of Hong Kong CFA – Level III

Experience

Experience of more than 14 years in Indian equities and of over 3 years in software products with Infosys’ core banking software, Finacle. Began his career in equity research in 2011, picking up the (U.S. based) CFA charter in 2015 and MBA from The Chinese University of Hong Kong in 2017. He won the Thomson Reuters StarMine Award for best stock picker in the IT sector in 2014 and is a lifetime member of the Beta Gamma Sigma Honour society.

Funds managed (25)

All schemes Ankit Pande runs →

SSSanjeev SharmaManaging since 03 Oct 2019

Education

PGDBA (Fin.), M.Com CerTM (Treasury & Forex Risk)

Experience

He has total work experience of more than two decade in equity, debt, fund management and treasury operations.

Funds managed (28)

All schemes Sanjeev Sharma runs →

STSandeep TandonManaging since 03 Feb 2025

Education

MBA in Finance

Experience

assignment held during the last 10 years Sandeep is the Founder & Chief Investment Officer of the quant Group and has a vast experience of over 33 years in capital markets. His journey in the money management business started in FY 1992- 93 with GIC mutual fund (a JV partner with George Soros in India) where he was a trainee. He later joined IDBI Asset Management (now Principal Asset Management), where he was a founding member and was part of the core team that initialized the asset management business. He played a key role in devising, conceptualizing and marketing one of India’s most successful mutual fund schemes: IDBI I-NITS 95. Furthermore, Sandeep worked in pivotal positions at several reputed financial services firms including ICICI Securities (a JV partner with J P Morgan in India), Kotak Securities (a J V partner with Goldman Sachs in India) and REFCO (erstwhile global derivatives firm). He has also worked at the Economic Times Research Bureau (a research wing of Bennett, Coleman and Company Limited). years in Indian equities and of over 3 years in software products with Infosys’ core banking software, Finacle.

Funds managed (25)

All schemes Sandeep Tandon runs →

AKAyusha KumbhatManaging since 19 Feb 2025

Education

CFA – Level III - BSc (Hons) in Economics - University of Warwick MSc in Behavioural & Experimental Economics - University of East Anglia

Experience

Ayusha had joined quant Mutual Fund as a Research Analyst and have speciality in investment research, economics and strategy. Her strong analytical foundation and quantitative expertise have significantly contributed to the fund’s in-depth economic and strategic investment analysis. She has also led engagement initiatives with portfolio companies to inform investment decisions and has effectively utilized data and AI to enhance processes.

Funds managed (24)

All schemes Ayusha Kumbhat runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Ankit Pande Sanjeev Sharma Sandeep Tandon Ayusha Kumbhat

Top holdings

HFCL Limited RBL Bank Limited Adani Enterprises Limited Adani Power Limited Aegis Logistics Limited Welspun Corp Limited Anand Rathi Wealth Limited Piramal Finance Ltd Sona BLW Precision Forgings Limited Manappuram Finance Ltd Adani Green Energy Limited Capri Global Capital Limited

quant in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Small Cap funds

Small cap funds invest in companies beyond the top 250 by size. They offer the highest growth potential of any equity category and also the sharpest falls, so they suit long horizons and strong stomachs.

Frequently asked questions

What is the NAV of Quant Small Cap Fund?

As of 01 Oct 2026, the NAV of Quant Small Cap Fund is ₹245.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Quant Small Cap Fund delivered?

Quant Small Cap Fund has returned +13.46% over 1 year, +16.94% per year over 3 years, +18.66% per year over 5 years and +15.99% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Quant Small Cap Fund?

Quant Small Cap Fund charges an expense ratio of 0.90% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Quant Small Cap Fund?

Quant Small Cap Fund's largest holdings are HFCL Limited (6.7%), RBL Bank Limited (4.5%), Adani Enterprises Limited (4.3%), Adani Power Limited (3.3%) and Aegis Logistics Limited (3.2%). Holdings are disclosed monthly and change over time.

How risky is Quant Small Cap Fund?

Quant Small Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.8% and its worst peak-to-trough fall in our sample was -46.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.59 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Quant Small Cap Fund's 0.59 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Quant Small Cap Fund?

Quant Small Cap Fund is benchmarked against the NIFTY SMALL CAP 250 TRI. Its alpha and beta on this page are measured against that index.

Who manages Quant Small Cap Fund?

Quant Small Cap Fund is managed by Ankit Pande, Sanjeev Sharma, Sandeep Tandon and Ayusha Kumbhat at quant.

How is Quant Small Cap Fund taxed?

Quant Small Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.