The scheme seeks to generate capital appreciation by investing in a well-diversified portfolio of small cap companies.
The scheme seeks to generate long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies.
Quant Small Cap Fund Direct Plan-Growth has delivered the higher 3-year CAGR (19.16% vs 12.91%). Tata Small Cap Fund Direct-Growth is the cheaper of the two with an expense ratio of 0.50% against 0.94%. Quant Small Cap Fund Direct Plan-Growth manages the larger corpus at ₹33.74k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, Quant Small Cap Fund Direct Plan-Growth returned 12.86% against -2.58% for Tata Small Cap Fund Direct-Growth; and over 3 years, Quant Small Cap Fund Direct Plan-Growth leads with a 19.16% CAGR versus 12.91%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
Tata Small Cap Fund Direct-Growth has the lower expense ratio at 0.50%, compared with 0.94% for Quant Small Cap Fund Direct Plan-Growth — a difference of 0.44% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both Quant Small Cap Fund Direct Plan-Growth and Tata Small Cap Fund Direct-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 3.4%, which is considered low. At this level the two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure. You can see the shared stocks in the overlap section above.
Yes — both are Equity: Small Cap funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
Quant Small Cap Fund Direct Plan-Growth has a NAV of ₹313.05 and an AUM of ₹33.74k Cr, and was launched on 31 Dec 2012. Tata Small Cap Fund Direct-Growth has a NAV of ₹44.20 and an AUM of ₹12.53k Cr, launched on 18 Nov 2018. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
