May 14, 2026
RA Jainee
Quant BFSI Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 19.81 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 19.83 |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 1,000 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY Financial Services TRI |
| AUM Rs. | 673 Cr |
| (As on 31-Mar-2026) | |
| Expense | 0.93% |
| 1 Year Return (%) | 23.26 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 26.66% |
⚖️ Sahifund Review – Quant BFSI Fund ✔
PLUS:
✓ Fund has delivered exceptionally strong 1-year returns of 23.26%, significantly outperforming both benchmark and category averages.
✓ Strong momentum across recent 3-month and 6-month periods reflects aggressive alpha generation capability.
✓ Expense ratio of 0.93% remains reasonable considering the active and tactical investment style.
✓ Quant’s dynamic investing approach has helped the fund capture opportunities within banking and financial stocks effectively.
✓ Compact portfolio of 17 stocks allows focused conviction-based investing and sharper upside participation.
✓ Attractive portfolio valuation with P/E around 16.70 appears cheaper than many diversified thematic peers.
✓ Suitable for aggressive SIP investors seeking high-growth exposure to India’s financialisation theme.
✓ Fund has generated strong returns despite broader banking sector volatility, highlighting active management strength.
MINUS:
⚖️ Extremely high turnover ratio of 307% indicates aggressive trading and increases portfolio volatility risk sharply.
⚖️ Highly concentrated portfolio raises stock-specific and sector-specific risk considerably.
⚖️ Banking and financial services funds remain cyclical and can underperform sharply during credit or liquidity stress phases.
⚖️ Quant’s aggressive momentum-driven strategy may lead to sharp swings during market reversals.
⚖️ Limited operating history of under 3 years restricts long-term consistency evaluation.
⚖️ Heavy exposure to mid-cap and smaller financial stocks can increase downside during corrections.
⚖️ Sector concentration reduces diversification benefits compared with flexi-cap or diversified equity funds.
Sahifund View (Decisive Line):
Quant BFSI Fund is suitable only for aggressive investors comfortable with high volatility and tactical sector bets, while conservative long-term investors may still prefer diversified equity funds over pure banking themes.
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| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Nobody should invest in Banking funds in our opinion, because:
• They have a narrow focus on only financial services companies
• Instead, diversified equity funds which invest across sectors are better
If you still choose to invest:
1. Invest only through SIP
2. Have a 7+ year investment horizon
3. Be prepared to withstand interim sharp declines in investment value
Fund’s Investment Strategy:
The scheme seeks to generate consistent returns by investing in equity and equity related instruments of banking and financial services.
Fund Manager:
1) Sameer Kate
Education: Bachelor of Computer Science, MBA from IME Pune.
Experience: Prior to joining Quant Mutual Fund, he was working with Investec Capital and Kotak Securities,
2) Varun Pattani
Education: Mr. Pattani is an ACA
Experience: Prior to joining Quant Mutual Fund, he has worked with boutique PMS firm.
3) Yug Tibrewal
Education: B.M.S, CFA L1
Experience: Yug is an investment professional with over 2 years of experience in dealing related activities
4) Ankit A Pande
Education: Mr. Pande has done CFA and MBA
Experience: Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.
Fund Manager:
5) Ayusha Kumbhat
Education: CFA Level III, BSc (Hons) in Economics, MSc in Behavioural & Experimental Economics
Experience: She is working with Quant Mutual fund as Research Analyst for the past 15 months, specializing in investment research.
6) Sandeep Tandon
Education: Mr. Tandon has done MBA (Finance)
Experience: Prior to joining Quant Mutual Fund, he has worked with ICICI Securities as Vice President, The Economic Times and IDBI AMC.
7) Sanjeev Sharma
Education: Mr. Sharma is a Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune.
Experience: He has total work experience of 17 years including 13 years of experience in the financial market. He specializes in identifying crucial inflexion points in securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of Quant BFSI Fund
| Fund House | Quant Mutual Fund |
| Launch Date | 20-Jun-23 |
| Return Since Launch | 26.66% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 673 Cr |
| (As on 31-Mar-2026) | |
| Expense | 0.93% |
| (As on 31-Mar-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Quant BFSI Fund Returns
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Quant BFSI Dir | -2.51 | -0.60 | 12.37 | 0.72 | 3.29 | 23.26 | — | — | — | — |
| BSE Bankex TRI | -7.57 | -0.98 | 9.06 | -8.00 | -4.97 | -0.57 | — | — | — | — |
| Equity: Sectoral-Banking | -5.39 | -0.99 | 10.29 | -4.91 | -2.76 | 5.74 | — | — | — | — |
| Rank within category | 6 | 1 | 5 | 3 | 2 | 3 | — | — | — | — |
| Number of funds in category | 40 | 45 | 45 | 40 | 39 | 37 | 19 | 13 | 11 | 11 |
Peer Comparison of Quant BFSI Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Quant BFSI Dir | Unrated | 23.26 | — | — | 0.93 | 673 | 26.66 | 1.00 (15) | 2Y 10M | 307.00 |
| SBI Banking & Financial Services Dir | 4 star | 7.02 | 18.83 | 15.30 | 1.05 | 9,380 | 15.08 | 0.50 (30) | 11Y 2M | 89.00 |
| Nippon India Banking & Financial Srvices Dir | 4 star | 2.93 | 16.43 | 17.39 | 0.99 | 6,721 | 13.74 | 1.00 (30) | 13Y 4M | 24.00 |
| Mirae Asset Banking and Fin Srvcs Dir | 4 star | 6.69 | 16.73 | 15.45 | 0.61 | 1,975 | 16.27 | 1.00 (365) | 5Y 4M | 38.00 |
| Invesco India Financial Services Dir | 5 star | 9.61 | 20.69 | 17.54 | 0.81 | 1,480 | 15.69 | 1.00 (365) | 13Y 4M | 26.00 |
Quant BFSI Fund Portfolio
| No. of Stocks | 17 |
| op 10 Stocks (*) | –% |
| Top 5 Stocks (*) | –% |
| Top 3 Sectors (*) | –% |
| Portfolio P/B Ratio (*) | 2.09 |
| Portfolio P/E Ratio | 16.70 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 89,407 | 2,58,648 |
| Giant (%) | — | — |
| Large (%) | 58.93 | 72.76 |
| Mid (%) | 16.85 | 20.08 |
| Small (%) | 24.22 | 10.33 |
| Tiny (%) | — | — |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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