Quant Multi Asset Allocation Fund has recorded a 22.3% annualized return over the last three years, outperforming peers like Nippon India and SBI. Investors should note that while short-term gains are strong, performance across multiple market cycles is critical when evaluating mutual funds.
Detailed Coverage
The Quant Multi Asset Allocation Fund has emerged as a top performer in its category, delivering an annualized return, or CAGR, of 22.3% over the past three years as of July 21, 2026. This performance stands out when compared to major peers in the multi-asset allocation space. Data indicates that the Nippon India Multi Asset Allocation Fund returned 18.1% over the same period, while the SBI Multi Asset Allocation Fund recorded a 15.6% return.
Outperformance Against Benchmarks
A key aspect of the fund’s performance is how it has tracked against its designated benchmark. Over the three-year period, the fund outperformed its benchmark by 15.1 percentage points, with the benchmark showing a return of 7.2%. This trend of outperformance was also visible in the one-year period, where the fund delivered 20.2% compared to the benchmark's 5.5% return.
Short-Term Performance and Size
The fund has also shown strength in recent periods, posting a 1.9% return over one month and a 5.5% gain over three months. In terms of size, the fund manages an asset base of approximately Rs 5,980.4 crore. For perspective, the ICICI Prudential Multi-Asset Fund remains the largest in the peer group with an asset corpus of Rs 84,990.6 crore among funds with at least Rs 1,500 crore in assets under management.
Investors evaluating these funds should look beyond just the most recent percentage gains. Multi-asset funds invest in different classes like equity, debt, and gold to manage risk. Because these funds use different strategies to adjust their holdings based on market conditions, their performance can vary significantly depending on how well they time their exposure to these different assets.
Past performance is not a guarantee of future results, and investors should consider their own financial goals and risk tolerance. The primary monitorable for investors in this category remains the fund manager's ability to maintain these returns during different market phases, such as periods of high volatility or shifting interest rates, which directly impact the debt and equity components of the portfolio.