COMPARE
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option vs quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan
Nippon India Multi Asset Allocation Fund and quant Multi Asset Allocation Fund- are both in the Multi Asset Allocation category, from Nippon Life India Asset Management Limited and quant Money Managers Limited respectively. Nippon India Multi Asset Allocation Fund has posted a higher 3-year rolling CAGR. Nippon India Multi Asset Allocation Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Nippon India Multi Asset Allocation Fund has the lower direct-plan expense ratio, by 0.71 percentage points.
| Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option | quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan | |
|---|---|---|
| Category | Multi Asset Allocation | Multi Asset Allocation |
| AMC | Nippon Life India Asset Management Limited | quant Money Managers Limited |
| Benchmark | CRISIL SHORT TERM BOND INDEX | 65% Nifty 500 TRI + 15% CRISIL Short Term Bond Fund Index + 20% iCOMDEX Composite Index |
| NAV | ₹25.7138 (2026-10-28) | ₹175.9917 (2026-10-28) |
| AUM | ₹18,005.338 Cr | ₹6,680.225 Cr |
| Expense Ratio (Direct) | 0.47% | 1.18% |
| Inception | 2020-08-07 | 2001-02-19 |
Returns
Nippon India Multi Asset Allocation Fund leads on 3-year rolling CAGR (18.5% vs quant Multi Asset Allocation Fund-'s 18.1%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
quant Multi Asset Allocation Fund- has been the more volatile of the two by standard deviation.
| Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option | quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan | |
|---|---|---|
| 3Y Sharpe Ratio | 1.02 | 1.22 |
| 3Y Alpha | 10.2968% | 14.3967% |
| 3Y Std Deviation | 9.4322% | 11.1386% |
| 3Y Calmar Ratio | 1.55 | 1.65 |
Portfolio Analytics
Nippon India Multi Asset Allocation Fund carries the higher portfolio YTM.
| Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option | quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan | |
|---|---|---|
| P/E Ratio | 20.3984 | 22.782 |
| P/B Ratio | 7.3728 | 6.656 |
| Dividend Yield | 1.1613% | 1.1188% |
| Active Share | - | - |
| Portfolio Turnover | 74% | - |
| YTM | 7.18% | 6.6613% |
| Duration (Macaulay) | 2.33 yrs | 1.11 yrs |
Punji Fund Health Score
Nippon India Multi Asset Allocation Fund and quant Multi Asset Allocation Fund- carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, Nippon India Multi Asset Allocation Fund or quant Multi Asset Allocation Fund-?
Nippon India Multi Asset Allocation Fund's 3-year rolling CAGR of 18.5% is higher than quant Multi Asset Allocation Fund-'s 18.1%. Nippon India Multi Asset Allocation Fund sits in the 100th percentile of its category on this metric, versus the 93rd percentile for quant Multi Asset Allocation Fund- - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Nippon India Multi Asset Allocation Fund or quant Multi Asset Allocation Fund-?
Nippon India Multi Asset Allocation Fund's direct-plan expense ratio is 0.71 percentage points lower than quant Multi Asset Allocation Fund-'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Nippon India Multi Asset Allocation Fund or quant Multi Asset Allocation Fund-?
By standard deviation (a measure of how much a fund's returns swing around its own average), quant Multi Asset Allocation Fund- has been more volatile than Nippon India Multi Asset Allocation Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (1.02 for Nippon India Multi Asset Allocation Fund vs 1.22 for quant Multi Asset Allocation Fund-) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Nippon India Multi Asset Allocation Fund or quant Multi Asset Allocation Fund-?
Nippon India Multi Asset Allocation Fund has ₹18,005 Cr in assets under management, versus ₹6,680 Cr for quant Multi Asset Allocation Fund-. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Nippon India Multi Asset Allocation Fund or quant Multi Asset Allocation Fund-?
Nippon India Multi Asset Allocation Fund's portfolio YTM (7.18%) is higher than quant Multi Asset Allocation Fund-'s. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Nippon India Multi Asset Allocation Fund or quant Multi Asset Allocation Fund-?
Nippon India Multi Asset Allocation Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Nippon India Multi Asset Allocation Fund or quant Multi Asset Allocation Fund-?
quant Multi Asset Allocation Fund- launched on 2001-02-19, making it older than Nippon India Multi Asset Allocation Fund (launched 2020-08-07). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.