EquityFlexi Cap FundRegularGrowthVery High

Quantum Flexi Cap Fund

Q: What is the NAV of Quantum Flexi Cap Fund?

As of 26 Oct 2026, the NAV of Quantum Flexi Cap Fund is ₹9.44 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Quantum Flexi Cap Fund delivered?

Quantum Flexi Cap Fund has returned -5.60% 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 Quantum Flexi Cap Fund?

Quantum Flexi Cap Fund charges an expense ratio of 5.20% 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 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.

Q: 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 10.4% and its worst peak-to-trough fall in our sample was 5.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: 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.

Q: Who manages Quantum Flexi Cap Fund?

Quantum Flexi Cap Fund is managed by Chirag Mehta and Ketan Gujarathi at Quantum.

Q: 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.

Q: 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.

Quantum Mutual Fund · Best Flexi Cap Mutual Funds

NAV

₹9.44

+0.32% 1D

as of 26 Oct 2026

This is the Regular plan of Quantum Flexi Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-5.60%absolute

52-week rangePrev NAV ₹9.41

Latest ₹9.44

Low ₹9.415th percentile of its 52-week rangeHigh ₹10.00

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 — 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.

Performance—

No 3-year record to rank on yet

RiskLow

Volatility 10.4% vs 14.2% category avg

CostHigh

5.2% expense vs 2.3% category avg

Consistency—

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 (10.4% vs 14.2%)

Concerns

High expense ratio (5.20%) vs the Flexi Cap Fund average of 2.29%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

5.20%

Direct 3.39% · Regular 5.20%

Category 2.29%▲2.91%

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

18.67

Category —

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

—

Category 0.32

Scheme Info

Definitions

Plan

Regular · Growth

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

None

NIL- 10% of units If redeemed or switched out on or before 180 days from the date of allotment. 1%- Remaining 90% of units if redeemed or switched out on or before 180 days from the date of allotment. NIL – If redeemed or switched out after 180 days from the date of allotment.

None

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

0.005%

SIP Inv.

—

Smallest recurring SIP instalment the scheme accepts

₹2,026

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Tier I Benchmark: BSE 500 Total Return Index (TRI)

The scheme's allotment date, as filed in its Scheme Summary Document. This plan's NAV history may begin later — Direct plans only exist from 1 Jan 2013.

10 Sep 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-3.48%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

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

—

Annualized returns (≥1Y — CAGR)

Definitions

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

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

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.

-5.60%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

10.38%

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

—

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

—

Largest peak-to-trough decline over full history

-5.90%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

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

—

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

—

Computed vs the Nifty 500 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; price means no free daily yield exists for that index, so the fund's alpha includes roughly the index's dividend yield. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Flexi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-3.48%	-5.04%	+1.56%
3M abs	—	-4.14%	—
6M abs	—	-0.75%	—
1Y CAGR	—	-5.56%	—
3Y CAGR	—	+11.14%	—
5Y CAGR	—	+8.09%	—

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.

Monthly investment (₹)

Period

Invested

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

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: 2.36% → 5.20%
06 Oct 2026

History points

Expense ratio

5.20%

AUM

₹14.05Cr

Exit load

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

P/E ratio

18.7

P/B ratio

3.3

Avg market cap

₹2,95,260Cr

P/E & P/B are portfolio-weighted harmonic means across 32 of 38 equity holdings (65% 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 · Flexi Cap Fund

Compare all


Quantum Flexi Cap FundThis fund Quantum · Regular · Growth	—	—	—	—	—	5.20%	₹14.05Cr
Bank of India Flexi Cap Fund Bank of India · Regular · Growth	★★★★☆	+0.53%	+16.78%	+12.66%	—	2.27%	₹2,876Cr
ITI Flexi Cap Fund ITI · Regular · Growth	★★★★☆	+3.47%	+16.40%	—	—	2.31%	₹1,526Cr
Motilal Oswal Flexi Cap Fund Motilal Oswal · Regular · Growth	★★★☆☆	-5.81%	+15.60%	+10.17%	—	2.02%	₹13,799Cr
Invesco India Flexi Cap Fund Invesco · Regular · Growth	★★★★★	-6.16%	+14.93%	—	—	2.10%	₹5,529Cr
HDFC Flexi Cap Fund HDFC · Regular · Growth	★★★★★	-5.89%	+14.79%	+13.54%	—	1.36%	₹1,10,925Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap49.9%
Mid cap11.0%
Small cap39.1%

Asset allocation

As on 30 Sep 2026 · AMC disclosure

Equity73.98%
Cash & Equivalents26.02%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Quantum ELSS Tax Saver Fund Quantum · ELSS	44.4%!	★★★☆☆	0.95%	+10.02%
HDFC Retirement Fund - Hybrid-Equity HDFC · Retirement Fund	43.8% of 70% equity	★★★☆☆	1.12%	+7.33%
Quantum Multi Asset Allocation Fund Quantum · Multi Asset Allocation	43.8% of 54% equity	★★☆☆☆	0.44%	—
Quantum Value Fund Quantum · Value Fund	43.6%	★★☆☆☆	1.14%	+9.92%
DSP Aggressive Hybrid Fund DSP · Aggressive Hybrid Fund	41.5% of 73% equity	★★★★☆	0.78%	+9.98%
HDFC Retirement Fund - Equity HDFC · Retirement Fund	40.5%	★★★★☆	0.92%	+9.46%
HDFC Nifty Top 20 Equal Weight Index Fund HDFC · Index Funds	40.3%	★★☆☆☆	0.37%	—
DSP Large Cap Fund DSP · Large Cap Fund	40.3%	★★★★☆	1.17%	+10.93%

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.

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.

-5.9%10 Sep 2026 → 23 Oct 2026
Still below that high — 43 days down, and no recovery yet.

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.

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.

Launched

18 Sep 2005

Total AUM

₹3,322Cr+4.3% QoQ

Avg AUM · July - September 2026

Website

quantumamc.com

Fund Managers

CMChirag MehtaStart date not disclosed

Role

Chief Investment Officer

Education

MMS (Finance), M.Com, CAIA

Experience

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.

Funds managed (7)

All schemes Chirag Mehta runs →

KGKetan GujarathiStart date not disclosed

Education

B.E., MBA, CFA.

Experience

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.

Funds managed (1)

Quantum ELSS Tax Saver Fund

All schemes Ketan Gujarathi runs →

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

Fund managers

Chirag Mehta Ketan Gujarathi

Top holdings

ICICI Bank Ltd Kotak Mahindra Bank Ltd Axis Bank Ltd HDFC Bank Ltd Mahindra & Mahindra Ltd UltraTech Cement Ltd Maruti Suzuki India Ltd Bharti Airtel Ltd State Bank of India Cipla Ltd PNB Housing Finance Ltd Star Health And Allied Insurance Company Ltd

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.

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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.

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 ₹9.44 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 -5.60% 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 5.20% 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 10.4% and its worst peak-to-trough fall in our sample was 5.9%. 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.