Quant Large and Mid Cap Fund Direct-Growth is an open-ended equity mutual fund scheme managed by Quant Mutual Fund.
Launched on January 1, 2013, the fund aims to provide capital appreciation by investing in a diversified portfolio of large and mid-cap companies.
Fund Overview:
- Fund House: Quant Mutual Fund
- Launch Date: January 1, 2013
- Benchmark: NIFTY Large Midcap 250 Total Return Index
- Assets Under Management (AUM): ₹3,242.15 Crores as of December 31, 2024
- Expense Ratio: 0.65%
- Riskometer: Very High
Quant Large and Mid Cap Fund Share Price
As of April 1, 2025, the Net Asset Value (NAV) of the Quant Large and Mid Cap Fund varies depending on the plan and option:
- Direct Plan – Growth Option: ₹117.66
These NAVs represent the per-unit market value of the fund on that date.
Performance:
Annualized Returns:
- 1 Year: 0.9%
- 3 Years: 19.5%
- 5 Years: 32.3%
- Since Launch: 18.5%
The fund has outperformed the category average in the 3-year and 5-year periods, ranking 7th and 1st within its category, respectively.
Portfolio Composition:
As of the latest available data, the fund holds investments across various sectors, with the top holdings being:
- Reliance Industries Ltd.: 9.95%
- ITC Ltd.: 7.36%
- Larsen & Toubro Ltd.: 6.46%
- Aurobindo Pharma Ltd.: 6.37%
- Lloyds Metals & Energy Ltd.: 5.51%
The fund’s investments span sectors such as Consumer Staples, Energy, Construction, Financial Services, and Healthcare.
Risk Measures:
- Alpha: 5.23 (Higher outperformance against benchmark)
- Sharpe Ratio: 0.71 (Indicates risk-adjusted returns)
- Beta: 1.13 (More sensitive to market movements)
- Standard Deviation: 17.81 (Indicates higher volatility compared to category average)
Investment Details:
- Additional Investment: ₹1,000
- Minimum SIP Investment: ₹1,000
- Exit Load: 1% if redeemed within 15 days
Fund Management Team:
- Sanjeev Sharma: Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune, with 17 years of experience in the financial market.
- Ankit A Pande: CFA and MBA, previously worked with Infosys Finacle.
- Sandeep Tandon: MBA (Finance), formerly Vice President at ICICI Securities.
- Varun Pattani: ACA, with experience at a boutique PMS firm.
- Ayusha Kumbhat: CFA Level III, BSc (Hons) in Economics, MSc in Behavioural & Experimental Economics.
- Sameer Kate: Bachelor of Computer Science, MBA from IME Pune, with prior experience at Investec Capital and Kotak Securities.
- Yug Tibrewal: B.M.S, CFA Level I, with over 2 years of experience in dealing-related activities.
Investors should consider their investment objectives, risk tolerance, and consult with a financial advisor before making investment decisions.
Quant Large and Mid Cap Fund Review
Quant Large and Mid Cap Fund has demonstrated notable performance in recent years, positioning itself as a competitive option within its category.
Performance Overview:
- 3-Year Annualized Return: Around 32.21%, compared to the category average of 23.12%.
- 5-Year Annualized Return: Approximately 32.13%, exceeding the category average of 25.36%.
Risk Considerations:
While the fund has delivered impressive returns, it is classified under the “Very High” risk category. This indicates that investors may experience significant fluctuations in their investment value. Therefore, it is most suitable for those with a high-risk tolerance and a long-term investment horizon.
Conclusion:
Quant Large and Mid Cap Fund has exhibited strong performance, outperforming many of its peers over various periods. Its diversified sector allocation and robust returns make it an attractive option for investors seeking exposure to large and mid-cap companies. However, potential investors should assess their risk tolerance and investment objectives, considering the fund’s high-risk classification, before making an investment decision.
Quant Large and Mid Cap Fund Portfolio
As of December 31, 2024, the Quant Large and Mid Cap Fund’s portfolio is diversified across various sectors and holdings. Below is a detailed overview:
Top 10 Equity Holdings:
- Reliance Industries Ltd.: 8.93% of total holdings
- ITC Limited: 7.99%
- Aurobindo Pharma Ltd.: 7.12%
- Lloyds Metals And Energy Ltd.: 5.79%
- Larsen & Toubro Ltd.: 5.54%
- IRB Infrastructure Developers Ltd.: 5.26%
- Motherson Sumi Systems Ltd.: 4.67%
- Container Corporation Of India Ltd.: 3.95%
- Life Insurance Corporation Of India: 3.92%
- Jio Financial Services Ltd.: 3.55%
Sector Allocation:
- Consumer Defensive: 20.14%
- Industrials: 20.05%
- Financial Services: 13.61%
- Basic Materials: 11.07%
- Energy: 10.83%
- Consumer Cyclical: 8.62%
- Healthcare: 8.55%
- Utilities Services: 4.89%
- Communication Services: 2.24%
Asset Allocation:
- Equity: 98.99%
- Debt: 1.9%
- Others: -0.89%
Equity Holdings Breakdown:
- Total Number of Stocks: 35
- Large Cap Investments: 53.62%
- Mid Cap Investments: 13.59%
- Small Cap Investments: 8.21%
- Other: 23.57%
This diversified allocation reflects the fund’s strategy to balance investments across large and mid-cap companies in various sectors.
Quant Large and Mid Cap Fund Returns
As of March 19, 2025, the Quant Large and Mid Cap Fund Direct-Growth has exhibited the following performance metrics:
| Time Period | Fund Returns | Category Average | Rank Within Category |
| 1 Year | 0.9% | 5.5% | 33 |
| 3 Years | 19.5% | 14.9% | 7 |
| 5 Years | 32.3% | 26.4% | 1 |
| Since Launch | 18.5% | N/A | N/A |
These figures indicate that while the fund underperformed the category average over the 1-year period, it has notably outperformed over the 3-year and 5-year periods, securing top ranks within its category.
Please note that mutual fund investments are subject to market risks, and past performance does not guarantee future returns.
Quant Large and Mid Cap Fund Regular Growth
As of March 21, 2025, the Quant Large and Mid Cap Fund Regular-Growth has the following key details:
- Net Asset Value (NAV): ₹108.0357
- Fund Size: ₹3,242.15 Crores
- Expense Ratio: 1.93%
- Risk Level: Very High
Performance Overview:
| Time Period | Absolute Returns | Annualized Returns | Category Average | Rank Within Category |
| 1 Year | 0.23% | 0.23% | 11.88% | 30/30 |
| 2 Years | 57.57% | 25.49% | 24.93% | 11/27 |
| 3 Years | 64.56% | 17.99% | 15.80% | 9/27 |
| 5 Years | 254.08% | 28.75% | 25.78% | 5/26 |
| 10 Years | 344.75% | 16.08% | 13.34% | 2/20 |
Asset Allocation:
- Equity: 87.59%
- Large Cap Stocks: 53.69%
- Mid Cap Stocks: 13.04%
- Small Cap Stocks: 5.85%
Sector Allocation:
- Pharmaceuticals: 16.68%
- Finance: 13.47%
- Petroleum Products: 10.08%
- Minerals & Mining: 7.61%
This fund is suitable for investors with a long-term investment horizon who are willing to accept high risk for the potential of high returns.
It is advisable to consult with a financial advisor to ensure this fund aligns with your investment objectives and risk tolerance.
Strengths of Quant Large and Mid Cap Fund
- Strong Performance – The fund has consistently outperformed its category and benchmark over long-term periods, delivering high returns over 3-year and 5-year periods.
- Diversified Portfolio – Investments are spread across multiple sectors such as pharmaceuticals, finance, petroleum, and mining, reducing dependency on a single industry.
- Active Fund Management – The fund follows a data-driven, dynamic investment approach, allowing it to adapt to market conditions efficiently.
- Top Holdings in Market Leaders – Investments in blue-chip companies like Reliance Industries, ITC, and Aurobindo Pharma provide stability and long-term growth potential.
- High Growth Potential – Exposure to mid-cap stocks enhances potential for higher capital appreciation compared to purely large-cap funds.
Risks of Quant Large and Mid Cap Fund
- High Volatility – The fund falls under the “Very High Risk” category, meaning it may experience significant fluctuations in short-term performance.
- Mid-Cap Exposure Risk – Mid-cap stocks, though offering higher growth, are more prone to market downturns and economic instability than large-cap stocks.
- Concentration Risk – A significant portion of the portfolio is concentrated in a few sectors (like Pharma & Finance), which may lead to higher risk if these sectors underperform.
- Higher Expense Ratio – The expense ratio (1.93% for the regular plan) is slightly higher compared to some competitors, which can affect net returns over time.
- Short-Term Underperformance – The fund has underperformed in the short term (1-year period) relative to its category average, which may concern investors with a shorter investment horizon.
Who Should Invest?
- Suitable for investors with high-risk tolerance and a long-term investment horizon (5+ years).
- Best for those seeking a growth-oriented portfolio with exposure to both large and mid-cap stocks.
- Not ideal for conservative investors looking for low volatility and stable returns.
LIC MF Small Cap Fund Performance: Latest NAV, Returns, & Investment Guide
Kotak Equity Opportunities Fund Review: Price, Returns, & Details
Disclaimer: The content on this website is intended for informational purposes only and should not be interpreted as financial or investment advice. Engaging in stock market activities involves inherent risks, and outcomes can be unpredictable. While we strive to provide accurate and up-to-date information, we do not make any guarantees regarding the completeness or reliability of the content. Any investment decisions you make should be based on your own research and consultation with a qualified financial professional. We are not responsible for any financial gains or losses resulting from actions taken based on the information provided here. Always invest wisely and at your own risk.
