Two funds walk into a table. Only the numbers talk.
Quant Multi Asset Allocation Fund vs Nippon India Multi Asset Allocation Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- AQuant Multi Asset Allocation Fund
quant Mutual Fund- Multi Asset Allocation Fund
- Direct plan
- High Risk
NAV ₹180.34 on 12 Nov 2026
- BNippon India Multi Asset Allocation Fund
Nippon India Mutual Fund- Multi Asset Allocation Fund
- Direct plan
- Very High Risk
NAV ₹26.98 on 12 Nov 2026
The short version
Who comes out ahead on each measure, over the 5 years all of them have been around.
Grew faster
AQuant Multi Asset Allocation Fund
Quant Multi Asset Allocation Fund returned 17.8% a year over 5 years, against 14.4% for Nippon India Multi Asset Allocation Fund. ₹1 lakh invested 5 years ago would be about ₹2.27 Lakh today, against ₹1.96 Lakh.
Smoother ride
BNippon India Multi Asset Allocation Fund
Nippon India Multi Asset Allocation Fund swung the least: about 10.2% a year either way, against 11.5% for Quant Multi Asset Allocation Fund. Lower means fewer scary days.
Fell less in a crash
No fair winner yet
At its worst, Nippon India Multi Asset Allocation Fund fell 10.8% from its peak, against 32.6% for Quant Multi Asset Allocation Fund. On ₹1 lakh, that's a dip to ₹67,427 at the bottom for Quant Multi Asset Allocation Fund. Could you have held on?
Not a fair fight: we only have data for Nippon India Multi Asset Allocation Fund (from Aug 2020), so it has not been through the 2020 crash the others fell in.
More consistent
No fair winner yet
Pick any day in the past and hold for a year: Nippon India Multi Asset Allocation Fund ended up in profit 99% of the time, against 93% for Quant Multi Asset Allocation Fund.
Not a fair fight: we only have data for Nippon India Multi Asset Allocation Fund (from Aug 2020), so it has not been through the 2020 crash the others fell in.
Costs less
BNippon India Multi Asset Allocation Fund
Nippon India Multi Asset Allocation Fund charges 0.47% a year, against 1.18% for Quant Multi Asset Allocation Fund. On ₹1 lakh that's ₹470 a year against ₹1,180, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- AQuant Multi Asset Allocation Fund₹22,721 from ₹10,000(17.8% a year)
- BNippon India Multi Asset Allocation Fund₹19,600 from ₹10,000(14.4% a year)
A one-time ₹10,000 put in 5 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
AQuant Multi Asset Allocation Fund
- Strength: Ahead of its category: 17.8% a year over 5 years, against a category average of 13%
- Strength: In the top quarter of its category over 5 years (#1 of 8)
- Strength: Beat a 5-year SBI FD: 17.8% a year over 5 years, against 6.05%
- Watch out: Swings more than most funds in its category
- Watch out: Fell harder than its category in the worst crash
BNippon India Multi Asset Allocation Fund
- Strength: Ahead of its category: 14.4% a year over 5 years, against a category average of 13%
- Strength: Beat a 5-year SBI FD: 14.4% a year over 5 years, against 6.05%
- Strength: Low cost: 0.47% a year
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | AQuant Multi Asset Allocation Fund | BNippon India Multi Asset Allocation Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 9.7%Best#2 of 31 · avg 5.6% | 7.4%#11 of 31 · avg 5.6% |
| 3 yearsPer year, over a full market mood swing | 21.1%Best#1 of 15 · avg 15.2% | 18.5%#2 of 15 · avg 15.2% |
| 5 yearsPer year, the fairest single test | 17.8%Best#1 of 8 · avg 13% | 14.4%#3 of 8 · avg 13% |
| 10 yearsPer year, across bull and bear markets | 18.4%#1 of 6 · avg 13.6% | – |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 11.5%category avg 10.1% | 10.2%Bestcategory avg 10.1% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −32.6%category avg −13.3% | −10.8%data from 31 Aug 2020 only |
| Best 12 monthsIts strongest year | 104.5% | 39%data from 31 Aug 2020 only |
| Worst 12 monthsIts weakest year | -23.7% | -2.3%data from 31 Aug 2020 only |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 93% | 99%data from 31 Aug 2020 only |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 1.18% | 0.47%Best |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹6,608 Cr | ₹18,044 Cr |
| Minimum SIPSmallest monthly amount | ₹1,000 | ₹100Best |
| Lock-inTime before you can withdraw | None | None |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
AQuant Multi Asset Allocation Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls
BNippon India Multi Asset Allocation Fund
Might suit you if…
- a smoother ride matters more to you than the top return
- you care about keeping costs low, which adds up over decades