Recently, efforts to maximize battery life in progress with an increase in the demand for portable devices. In this paper, we propose multi-phase buck converter with fast transient response. Multi-phase buck converter may be used for the output capacitor of small size because the ripple cancellation effect, it is possible to use an inductor having an inductance less. The portable device for quick change from standby mode to active 4-phase design structure was given a fast transient response. The proposed multi-phase buck converter was fabricated using a 0.18 um CMOS process and the supply voltage ranges from 2.7V to 3.3V, the maximum load current is 500mA and settling time is 10us.