Quantum Flexi Cap Fund
This is the Direct plan of Quantum Flexi Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
Not ratedHow 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 — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
No 3-year record to rank on yet
Volatility 10.7% vs 14.3% category avg
3.4% expense vs 1.1% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Less volatile than its Flexi Cap Fund peers (10.7% vs 14.3%)
Concerns
- High expense ratio (3.39%) vs the Flexi Cap Fund average of 1.13%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Flexi Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -3.27% | -4.94% | +1.67% |
| 3M abs | — | -3.88% | — |
| 6M abs | — | -0.24% | — |
| 1Y CAGR | — | -4.55% | — |
| 3Y CAGR | — | +12.42% | — |
| 5Y CAGR | — | +9.26% | — |
Category average across peers in Flexi Cap Fund (up to 45 funds with data), 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.
Pick a longer period to plot the path.
1 monthly installments of ₹10,000 into Quantum Flexi Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Expense ratio up: 0.55% → 3.39%06 Oct 2026
Taxation
Taxed as equityThis 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.
Flat, on the whole gain
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.
Asset allocation
As on 30 Sep 2026 · AMC disclosure- Equity73.98%
- Cash & Equivalents26.02%
AMC Profile
Quantum Mutual Fund is sponsored by Quantum Advisors and opened in 2006 as India's first direct-to-investor fund house, selling without distributors. It has stayed small, with a value-oriented, low-churn approach.
Fund Managers
CMChirag MehtaStart date not disclosed
Chief Investment Officer
MMS (Finance), M.Com, CAIA
Mr. Chirag Mehta has over 2 decades of experience in financial markets. He specializes in the field of alternative investment strategies including multi asset allocation and commodities. He has also extensively worked on sustainable investing since 2015. He joined the Quantum group in 2006 after gaining hands on experience in the physical commodities market during internship and continued association with Kotak & Co. Ltd and working on projects for the Federation of Indian Commodities Exchanges.
KGKetan GujarathiStart date not disclosed
B.E., MBA, CFA.
Mr. Ketan Gujarathi has around 14 - years of experience in Research including 12 years in Equity Research across multiple sectors. Prior to joining Quantum AMC, he was associated with Quantum Advisors Private Limited, The Alchemist Ark Private Limited, HDFC Bank Limited and CRISIL Limited.
Fund manager, benchmark and dealing terms from 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
Quantum 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.
Quantum Mutual Fund has declared income distribution under its few schemes
Value Research · 14 Sep 2026
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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 Flexi Cap funds
Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.
From the blog
Frequently asked questions
What is the NAV of Quantum Flexi Cap Fund?
As of 26 Oct 2026, the NAV of Quantum Flexi Cap Fund is ₹9.47 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Quantum Flexi Cap Fund delivered?
Quantum Flexi Cap Fund has returned -5.30% 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 Quantum Flexi Cap Fund?
Quantum Flexi Cap Fund charges an expense ratio of 3.39% 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 Quantum Flexi Cap Fund?
Quantum Flexi Cap Fund's largest holdings are ICICI Bank Ltd (4.0%), Kotak Mahindra Bank Ltd (3.7%), Axis Bank Ltd (3.6%), HDFC Bank Ltd (3.2%) and Mahindra & Mahindra Ltd (3.1%). Holdings are disclosed monthly and change over time.
How risky is Quantum Flexi Cap Fund?
Quantum Flexi Cap Fund sits at the very high level on our estimate of SEBI's risk-o-meter scale, its trailing-3Y volatility (annualised) is 10.7% and its worst peak-to-trough fall in our sample was 5.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Quantum Flexi Cap Fund?
Quantum Flexi Cap Fund is benchmarked against the Tier I Benchmark: BSE 500 Total Return Index (TRI). The alpha, beta and capture figures on this page are measured against the Nifty 500 TRI, the closest index whose daily history we hold.
Who manages Quantum Flexi Cap Fund?
Quantum Flexi Cap Fund is managed by Chirag Mehta and Ketan Gujarathi at Quantum.
When was Quantum Flexi Cap Fund launched, and what is its objective?
Quantum Flexi Cap Fund was launched on 10 Sep 2026. its stated objective is: The investment objective of the scheme is to achieve long-term capital appreciation by investing in a diversified portfolio of large, mid and small cap companies. There is no assurance that the investment objective of the scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.
How is Quantum Flexi Cap Fund taxed?
Quantum Flexi 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.