Quantum Ethical Fund
ThematicVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹9.89+0.20%1 day
- Return since launch
- -0.7%
- 52-week range
- ₹8.49 — ₹10.18
- AUM
- ₹126 Cr
Quantum Ethical Fund is a Thematic equity fund from Quantum Mutual Fund with ₹126 Cr under management, launched in 2024. The expense ratio is 2.33% and the SEBI riskometer reading is Very High.
Performance
Quantum Ethical Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.0% against -5.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.0% | +3.7 pts | 2.3% | 2.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 5.1% | −1.1 pts | 6.2% | 6.4% |
| 3M | -2.9% | −1.3 pts | -1.5% | -1.9% |
| 6M | 3.7% | −0.1 pts | 3.8% | 1.9% |
| 1Y | 1.0% | −1.3 pts | 2.3% | -4.9% |
Since launch (2 Dec 2024): -0.7%
Calendar-year returns
Category average-2.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -2.6% | −5.6 pts | 3.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.31%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.85%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.42%
- Exit load
- For units in excess of 10% of the investment 1% will be charged for redemption within 365 Days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 Shariah TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Quantum Ethical Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity90.3%
- Other9.7%
Market cap split
- Large38.8%
- Mid20.9%
- Small40.3%
- P/E
- 31.68
- P/B
- 4.99
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 9.73% | ₹12.25 Cr | +6.94% | +8.92% | +8.16% |
| Marico Ltd. | Consumer Staples | 4.51% | ₹5.66 Cr | +4.74% | +4.69% | +4.55% |
| VA Tech Wabag Ltd. | Capital Goods | 4.06% | ₹5.10 Cr | +4.36% | +2.60% | +1.06% |
| Castrol India Ltd. | Chemicals | 3.65% | ₹4.58 Cr | +3.14% | +2.93% | +3.30% |
| TVS Motor Company Ltd. | Automobile | 3.47% | ₹4.36 Cr | +3.11% | +3.44% | +4.05% |
| Maruti Suzuki India Ltd. | Automobile | 3.14% | ₹3.95 Cr | +3.19% | +2.40% | +2.54% |
| Persistent Systems Ltd. | Technology | 3.13% | ₹3.93 Cr | +2.72% | +3.29% | +2.70% |
| Dr. Lal Pathlabs Ltd. | Healthcare | 3.10% | ₹3.90 Cr | +2.91% | +2.52% | +2.31% |
| Hitachi Energy India Ltd. | Capital Goods | 3.06% | ₹3.84 Cr | +3.94% | +3.44% | +1.60% |
| Bajaj Auto Ltd. | Automobile | 3.04% | ₹3.82 Cr | +2.57% | +2.29% | +2.06% |
| Eicher Motors Ltd. | Automobile | 2.99% | ₹3.75 Cr | +2.92% | +2.81% | +2.98% |
| Bosch Ltd. | Automobile | 2.97% | ₹3.74 Cr | +2.66% | +2.14% | +2.49% |
| Samvardhana Motherson International Ltd. | Automobile | 2.97% | ₹3.73 Cr | +2.65% | +1.79% | +1.13% |
| Infosys Ltd. | Technology | 2.86% | ₹3.59 Cr | +1.93% | +3.03% | +2.24% |
| Sundram Fasteners Ltd. | Capital Goods | 2.55% | ₹3.20 Cr | +2.20% | +2.01% | +2.42% |
| HCL Technologies Ltd. | Technology | 2.52% | ₹3.17 Cr | +1.74% | +2.60% | +1.66% |
| Mahindra & Mahindra Ltd. | Automobile | 2.51% | ₹3.16 Cr | +2.08% | +2.29% | +2.65% |
| ABB India Ltd. | Capital Goods | 2.49% | ₹3.13 Cr | +2.37% | +1.98% | +1.69% |
| Nuvoco Vistas Corporation Ltd. | Materials | 2.48% | ₹3.11 Cr | +2.07% | +1.81% | +1.14% |
| Hyundai Motor India Ltd. | Automobile | 2.45% | ₹3.08 Cr | +2.19% | +1.78% | +2.61% |
| Elgi Equipments Ltd. | Capital Goods | 2.36% | ₹2.96 Cr | +1.19% | — | — |
| Computer Age Management Services Ltd. | Services | 2.27% | ₹2.85 Cr | +2.76% | +2.44% | +2.96% |
| Tata Consultancy Services Ltd. | Technology | 2.22% | ₹2.78 Cr | +1.87% | +2.72% | +2.13% |
| LT Foods Ltd. | Consumer Staples | 2.18% | ₹2.74 Cr | +2.26% | +2.28% | +2.31% |
| Ion Exchange (India) Ltd. | Capital Goods | 2.09% | ₹2.63 Cr | +2.23% | +1.78% | +2.30% |
| Havells India Ltd. | Capital Goods | 1.90% | ₹2.38 Cr | +2.01% | +2.23% | +3.03% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 1.88% | ₹2.37 Cr | +2.81% | +2.58% | +2.24% |
| Vinati Organics Ltd. | Chemicals | 1.83% | ₹2.30 Cr | +1.88% | +1.75% | +2.38% |
| Voltas Ltd. | Consumer Discretionary | 1.64% | ₹2.06 Cr | +1.85% | +1.95% | +2.24% |
| Symphony Ltd. | Consumer Discretionary | 1.62% | ₹2.03 Cr | +1.71% | +1.78% | +2.05% |
| Hero Motocorp Ltd. | Automobile | 1.38% | ₹1.74 Cr | +1.43% | +1.90% | +2.58% |
| Coforge Ltd. | Technology | 1.33% | ₹1.68 Cr | +1.27% | +1.21% | +1.41% |
| Tech Mahindra Ltd. | Technology | 1.33% | ₹1.66 Cr | +1.38% | +1.60% | +0.94% |
| GMM Pfaudler Ltd. | Capital Goods | 1.13% | ₹1.42 Cr | +0.69% | +0.87% | +0.90% |
| Borosil Ltd. | Materials | 1.07% | ₹1.34 Cr | +0.86% | +1.01% | +1.42% |
| Eureka Forbes Ltd. | Metals & Mining | 1.05% | ₹1.32 Cr | +1.05% | +0.78% | — |
| Mphasis Ltd. | Technology | 1.01% | ₹1.27 Cr | +1.05% | +0.95% | +0.87% |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.99% | ₹1.24 Cr | +0.81% | +0.72% | +1.13% |
| Safari Industries (India) Ltd. | Consumer Discretionary | 0.98% | ₹1.23 Cr | +1.09% | +0.68% | — |
| Tata Chemicals Ltd. | Chemicals | 0.78% | ₹0.98 Cr | +0.79% | +0.72% | +0.91% |
| Orient Electric Ltd. | Consumer Discretionary | 0.76% | ₹0.96 Cr | +0.85% | +0.85% | +0.87% |
| Whirlpool Of India Ltd. | Consumer Discretionary | 0.52% | ₹0.65 Cr | +0.53% | +0.65% | +1.03% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 6.43% | 9.73% | +3.30% |
| Amber Enterprises India Ltd. | 2.87% | 0.00% | -2.87% |
| Central Depository Services (India) Ltd. | 1.90% | 0.00% | -1.90% |
| Krishna Institute of Medical Sciences Ltd | 1.05% | 0.00% | -1.05% |
| Tata Communications Ltd. | 0.93% | 0.00% | -0.93% |
| Castrol India Ltd. | 2.84% | 3.65% | +0.81% |
| Nuvoco Vistas Corporation Ltd. | 2.03% | 2.48% | +0.45% |
| Marico Ltd. | 4.15% | 4.51% | +0.36% |
| GMM Pfaudler Ltd. | 0.79% | 1.13% | +0.34% |
| Symphony Ltd. | 1.29% | 1.62% | +0.33% |
| Samvardhana Motherson International Ltd. | 2.66% | 2.97% | +0.31% |
| Infosys Ltd. | 2.57% | 2.86% | +0.29% |
| Maruti Suzuki India Ltd. | 2.86% | 3.14% | +0.28% |
| Borosil Ltd. | 0.79% | 1.07% | +0.28% |
| Mahindra & Mahindra Ltd. | 2.23% | 2.51% | +0.28% |
| Hitachi Energy India Ltd. | 3.33% | 3.06% | -0.27% |
| Ion Exchange (India) Ltd. | 1.83% | 2.09% | +0.26% |
| Hyundai Motor India Ltd. | 2.21% | 2.45% | +0.24% |
| Bajaj Auto Ltd. | 2.81% | 3.04% | +0.23% |
| Crompton Greaves Consumer Electricals Ltd. | 2.11% | 1.88% | -0.23% |
| LT Foods Ltd. | 2.40% | 2.18% | -0.22% |
| VA Tech Wabag Ltd. | 3.85% | 4.06% | +0.21% |
| Computer Age Management Services Ltd. | 2.47% | 2.27% | -0.20% |
| Coforge Ltd. | 1.50% | 1.33% | -0.17% |
| HCL Technologies Ltd. | 2.35% | 2.52% | +0.17% |
| Havells India Ltd. | 2.07% | 1.90% | -0.17% |
| Bosch Ltd. | 3.12% | 2.97% | -0.15% |
| Persistent Systems Ltd. | 3.28% | 3.13% | -0.15% |
| ABB India Ltd. | 2.35% | 2.49% | +0.14% |
| Sundram Fasteners Ltd. | 2.66% | 2.55% | -0.11% |
| Mphasis Ltd. | 1.12% | 1.01% | -0.11% |
| Dr. Lal Pathlabs Ltd. | 2.99% | 3.10% | +0.11% |
| Tata Consultancy Services Ltd. | 2.12% | 2.22% | +0.10% |
| Vinati Organics Ltd. | 1.73% | 1.83% | +0.10% |
| Orient Electric Ltd. | 0.86% | 0.76% | -0.10% |
| Eicher Motors Ltd. | 3.07% | 2.99% | -0.08% |
| Tata Chemicals Ltd. | 0.71% | 0.78% | +0.07% |
| Tech Mahindra Ltd. | 1.40% | 1.33% | -0.07% |
| Elgi Equipments Ltd. | 2.30% | 2.36% | +0.06% |
| Whirlpool Of India Ltd. | 0.46% | 0.52% | +0.06% |
| TVS Motor Company Ltd. | 3.52% | 3.47% | -0.05% |
| Voltas Ltd. | 1.59% | 1.64% | +0.05% |
| Eureka Forbes Ltd. | 1.01% | 1.05% | +0.04% |
| Hero Motocorp Ltd. | 1.42% | 1.38% | -0.04% |
| Dixon Technologies (India) Ltd. | 0.98% | 0.99% | +0.01% |
| Safari Industries (India) Ltd. | 0.99% | 0.98% | -0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,848 Cr | 2.21% | 11.8% | 11.9% | 13.1% |
 HDFC Defence Fund | ₹11,493 Cr | 1.79% | 18.8% | 20.9% | — |
 ICICI Prudential Commodities Fund | ₹3,874 Cr | 1.96% | -1.4% | 7.0% | 12.1% |
| ICICI Prudential Exports and Services Fund | ₹1,442 Cr | 2.28% | 7.3% | 7.6% | 12.9% |
 Edelweiss Recently Listed IPO Fund | ₹1,276 Cr | 2.69% | 30.6% | 15.8% | 15.8% |
 SBI Comma Fund | ₹1,156 Cr | 2.31% | 3.6% | 8.1% | 11.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve long-term capital appreciation by investing in Equity & Equity Related Instruments of companies following an Ethical Set of Principles.
Fund managers
- Chirag MehtaHe has pursued M.Com from Mumbai University and CAIA.Prior to joining Quantum Asset Management Company Private Limited. He has worked as Assistant Analyst - Commodities (Quantum Advisors Pvt. Ltd). He has more than 19 years of experience in the research and investments functions in the field of commodities and alternative investment strategies. He has interned at Kotak & Co. Ltd and has also attended the Federation of Indian Commodities Exchanges as part of his internship.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.67% absolute | ₹60,000 | ₹62,202 | 3.67% | |
| 1 year1.02% annualised | ₹1,20,000 | ₹1,20,665 | 0.55% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Quantum Ethical Fund?
The NAV of Quantum Ethical Fund is ₹9.89 as on 9 Nov 2026.
What is the expense ratio of Quantum Ethical Fund?
The expense ratio of Quantum Ethical Fund is 2.33% per year.
What is the minimum SIP amount for Quantum Ethical Fund?
You can start a SIP in Quantum Ethical Fund with ₹3,000 a month.
Is there a lock-in or exit load on Quantum Ethical Fund?
Lock-in: None. Exit load: For units in excess of 10% of the investment 1% will be charged for redemption within 365 Days.
How risky is Quantum Ethical Fund?
Quantum Ethical Fund is rated Very High on the SEBI riskometer and belongs to the Thematic category.
Which fund house manages Quantum Ethical Fund?
Quantum Ethical Fund is managed by Quantum Mutual Fund, which runs 13 schemes with ₹4,124 Cr under management.