COMPARE
quant BFSI Fund - Growth Option - Direct Plan vs SBI Equity Minimum Variance Fund - Direct Plan - Growth
quant BFSI Fund and SBI Equity Minimum Variance Fund are both in the Sectoral/ Thematic category, from quant Money Managers Limited and SBI Funds Management Limited respectively. quant BFSI Fund has posted a higher 3-year rolling CAGR. SBI Equity Minimum Variance Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
SBI Equity Minimum Variance Fund has the lower direct-plan expense ratio, by 1.42 percentage points.
| quant BFSI Fund - Growth Option - Direct Plan | SBI Equity Minimum Variance Fund - Direct Plan - Growth | |
|---|---|---|
| Category | Sectoral/ Thematic | Sectoral/ Thematic |
| AMC | quant Money Managers Limited | SBI Funds Management Limited |
| Benchmark | Nifty Financial Services TRI | Nifty 50 TRI |
| NAV | ₹19.4632 (2026-10-28) | ₹22.9599 (2026-10-28) |
| AUM | ₹854.191 Cr | ₹191.195 Cr |
| Expense Ratio (Direct) | 1.95% | 0.53% |
| Inception | 2023-06-01 | 2019-03-02 |
Returns
quant BFSI Fund leads on 3-year rolling CAGR (22.8% vs SBI Equity Minimum Variance Fund's 17.2%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
quant BFSI Fund has been the more volatile of the two by standard deviation.
| quant BFSI Fund - Growth Option - Direct Plan | SBI Equity Minimum Variance Fund - Direct Plan - Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.53 | -0.17 |
| 3Y Alpha | 8.8665% | -0.7049% |
| 3Y Std Deviation | 17.9855% | 11.9289% |
| 3Y Calmar Ratio | 0.75 | 0.25 |
Portfolio Analytics
SBI Equity Minimum Variance Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| quant BFSI Fund - Growth Option - Direct Plan | SBI Equity Minimum Variance Fund - Direct Plan - Growth | |
|---|---|---|
| P/E Ratio | 11.7419 | 24.9696 |
| P/B Ratio | - | 4.08 |
| Dividend Yield | 1.5958% | 1.7676% |
| Active Share | 97.37% | 50.23% |
| Portfolio Turnover | - | - |
| YTM | 5.3279% | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
quant BFSI Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, quant BFSI Fund or SBI Equity Minimum Variance Fund?
quant BFSI Fund's 3-year rolling CAGR of 22.8% is higher than SBI Equity Minimum Variance Fund's 17.2%. quant BFSI Fund sits in the 91st percentile of its category on this metric, versus the 47th percentile for SBI Equity Minimum Variance 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, quant BFSI Fund or SBI Equity Minimum Variance Fund?
SBI Equity Minimum Variance Fund's direct-plan expense ratio is 1.42 percentage points lower than quant BFSI 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, quant BFSI Fund or SBI Equity Minimum Variance Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), quant BFSI Fund has been more volatile than SBI Equity Minimum Variance 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 (0.53 for quant BFSI Fund vs -0.17 for SBI Equity Minimum Variance 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, quant BFSI Fund or SBI Equity Minimum Variance Fund?
quant BFSI Fund has ₹854 Cr in assets under management, versus ₹191 Cr for SBI Equity Minimum Variance 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 fund has a longer track record, quant BFSI Fund or SBI Equity Minimum Variance Fund?
SBI Equity Minimum Variance Fund launched on 2019-03-02, making it older than quant BFSI Fund (launched 2023-06-01). 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.