Quant may be down but not out. Here’s the performance of 5 Quant mutual funds

Quant may be down but not out. Here’s the performance of 5 Quant mutual funds

Published 25th June 2024

Alleged financial wrongdoing

Quant AMC is suspected to have committed front-running, an illegal way to earn profits, by SEBI. While the fund house is under pressure, it is tough to ignore its funds’ five-year performance.

Performance for 2024 is up to June 21, 2024.

#1 Quant Small Cap

Clean sweep: The fund is beating its benchmark and category average for the fifth year in a row. (In this case, category average is the median returns of all small-cap funds).

Year 2020 2021 2022 2023 2024 Fund returns (%) 76.1 91.7 11.2 48 26.5 Benchmark (%) 27.9 59.1 -1 47.3 21 Category average (%) 28 64.2 1.2 46.2 21.2

Performance for 2024 is up to June 21, 2024. In this case, category average is the median returns of all multi-cap funds.

#2 Quant Active

The fund has beaten its benchmark and category average in four out of five years.

Year 2020 2021 2022 2023 2024 Fund returns (%) 44.9 58.7 12.1 26.3 24.8 Benchmark (%) 18.4 40.6 2.8 33.7 17.3 Category average (%) 16.5 44.8 5 33.6 19.7

Performance for 2024 is up to June 21, 2024. In this case, the category average is the median returns of all tax-saving funds.

#3 Quant ELSS Tax Saver

The fund is beating its benchmark and category average for the fifth year in a row.

Year 2020 2021 2022 2023 2024   Fund returns (%) 49.7 63.3 14.2 32 23.8   Benchmark (%) 18.4 31.6 4.8 26.5 14.9   Category average (%) 16.4 34.2 4 28.9 16.5

Performance for 2024 is up to June 21, 2024. In this case, the category average is the median returns of all mid-cap funds.

#4 Quant Mid Cap

The fund has beaten its benchmark and category average in four out of five years, with 2023 being the only exception.

2020 2021 2022 2023 2024   Fund returns (%) 44.3 53.8 19.9 36.4 32.9   Benchmark (%) 26.3 48.6 3.6 42.4 24   Category average (%) 25.3 46.9 3.6 42.1 21.6Year

Since Quant Consumption Fund was renamed as Quant Flexi Cap Fund on January 7, 2022, performance has been considered since then. Performance for 2024 is up to June 21, 2024.

#5 Quant Flexi Cap

Three-peat? The fund is beating the benchmark and its category average for the third successive time. (In this case, category average is the median returns of all flexi-cap funds)

Year 2022 2023 2024   Fund returns (%) 10.6 31.6 27.4   Benchmark (%) 2.7 26.5 14.9   Category average (%) 0.9 28.9 15.3

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