Quantum Dynamic Term Fund - Direct Plan Monthly IDCW

Quantum Dynamic Term Fund - Direct Plan Monthly IDCW lags behind most of its peers in the Dynamic Bond category, currently carrying a 2-star rating. Returns have been soft relative to what the category has offered — worth checking if this is a temporary phase or a longer pattern. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 39/100.

Cost: At 0.76%, the expense ratio runs 33% above the Dynamic Bond category average of 0.57%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -2.49 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.51% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.