Quant Mutual Fund has spent the last few years turning heads in an industry once ruled by predictable names. Its funds aren’t driven by instinct or legacy; they are built on systems, data models, liquidity signals, and valuation cycles. Yet, unlike the faceless algorithms people imagine, Quant’s approach blends this data discipline with active human oversight. The outcome? Funds that have repeatedly outrun their peers and, in several cases, their benchmarks.
In the last five years, while the market went through a phase of volatility, four Quant schemes have posted exceptional compounded growth. Across small-cap, flexi-cap, multi-asset, and ELSS categories, the fund house has shown that quantitative investing can be both tactical and remarkably consistent.
Based on data from the Financial Express Mutual Fund Screener, four Quant schemes have delivered superior five-year compounding compared with their benchmarks and category averages: Quant Small Cap Fund, Quant ELSS Tax Saver Fund (Direct), Quant Multi Asset Allocation Fund, and Quant Flexi Cap Fund.
How Quant Funds Work
Quant Mutual Fund follows what it calls a “VLRT” framework Valuations, Liquidity, Risk appetite, and Time cycle. This means its investment desk isn’t chasing sectors based on stories or momentum; it studies market liquidity flows, global cues, and sentiment data to decide where risk is being rewarded.
In practice, this translates to high-frequency rebalancing, concentrated bets in conviction sectors, and a willingness to exit when models flash risk. The result is a portfolio that often looks contrarian, heavy on power, infra, or cyclicals when others are cautious, and defensive when the crowd is euphoric.
#1 Quant Small Cap Fund
This is where Quant’s approach shines brightest. The Quant Small Cap Fund has increased at a CAGR of staggering 35.4% over five years, against 28.77% for its benchmark, the Nifty Smallcap 250 TRI. Its NAV is currently at Rs 260.86. It has an AUM size of Rs 29,287 crore, an extraordinary scale for a small-cap fund.
With an expense ratio of 1.59% and a turnover ratio of 42%, it balances active conviction with control. The portfolio is currently about 92.6% in equities, largely tilted toward domestic cyclicals. Reliance Industries, Adani Power, and RBL Bank are among its key holdings. The risk-o-meter tags it Very High Risk, but that’s expected in this segment. What sets it apart is the consistency of delivery; despite its aggressive posture, its 3-year CAGR stands at 23.5%, showing discipline through volatile phases.
#2 Quant ELSS Tax Saver Fund (Direct)
For an equity-linked savings scheme, the Quant ELSS Tax Saver Fund (Direct Plan) behaves less like a tax product and more like an active, high-conviction equity fund. Over five years, it has grown at a CAGR of 28.32%, far above its benchmark, the Nifty 500 TRI’s 18.6% CAGR. Its NAV stands at Rs 424.41. The outperformance isn’t by chance; the scheme’s model-driven reallocation captures leadership shifts early.
The fund manages Rs 11,854 crore and carries a low expense ratio of 0.58%, significantly below the category average of 0.88%. It holds about 99% in equities, with nearly 54% in large caps, 9.7% in mid caps, and 5.7% in small caps. Names like Adani Power, Reliance Industries, and Larsen & Toubro dominate its top holdings, all part of sectors Quant identified early as liquidity magnets.
This fund is tagged Very High Risk and comes with a mandatory three-year lock-in, but for long-term investors seeking both tax efficiency and growth, it’s been one of the strongest performers in the ELSS space.
#3 Quant Multi Asset Allocation Fund
The Quant Multi Asset Allocation Fund doesn’t confine itself to equities. It’s one of the few Indian schemes that truly earns the “multi-asset” tag, investing across equity (about 42%), debt (18%), and commodities such as silver ETFs. That breadth has paid off. The fund’s 5-year CAGR stands at 25.9%, compared with the Nifty 500 TRI’s 18.6%, which forms the equity leg of its blended benchmark. Its NAV is at Rs 151.27.
With Rs 3,818 crore in assets, an expense ratio of 1.85%, and a turnover ratio of 223%, the fund moves fast. It’s labeled High Risk, not Very High, because its mix cushions volatility during corrections. The top holdings include State Bank of India, Reliance Industries, Premier Energies, and exposure to Nippon India Silver ETF, which gives it a hedge in commodity cycles.
This isn’t a passive hybrid fund. It rotates between assets with near-aggressive speed, a tactical approach that has helped it stay ahead of peers like ICICI Pru Multi-Asset and Nippon India Multi-Asset Allocation.
#4 Quant Flexi Cap Fund
The Quant Flexi Cap Fund is where the house’s philosophy meets the broadest canvas. Over the last five years, it has delivered a 26.46% CAGR, comfortably beating the Nifty 500 TRI’s 18.6%. Its NAV is at Rs 99.27. The fund holds Rs 6,777 crore in AUM, with an expense ratio of 1.79% and a turnover ratio of 196%, reflecting its dynamic nature.
It invests across large, mid, and small caps, roughly 90% in equities, and frequently rebalances based on sector liquidity patterns. Top holdings include Reliance Industries, Adani Power, and Samvardhana Motherson. Despite its active churn, its decade-long CAGR of nearly 19% shows it hasn’t been a lucky streak; it’s been a strategy that works across cycles.
The risk-o-meter rates it Very High Risk, appropriate for a fund that thrives on market dislocations rather than avoiding them.
Here’s a snapshot from the Screener:
The investor’s takeaway
The four Quant funds that beat their benchmarks over five years prove that data and discipline can coexist with active management. The numbers indicated towards high compounding, consistent ranking, and controlled risk relative to category peers. They are not passive instruments; they require patience and possibly a relatively high risk appetite. But for investors who want to blend quantitative precision with active oversight, these funds have already shown what persistence can achieve.
Having said that, it’s important that readers continue to track performance of the funds over time. Also, here we compared the funds with their benchmark. It may also be helpful to compare the funds with their peers in their respective categories. In our upcoming articles, we will do the same. Watch this space!
Disclaimer: The above content is for informational purposes only. Mutual Fund investments are subject to market risks. Please consult your financial advisor before investing.
