We find that the Pancharatnam phases include the information of quantum correlations.

We show that the sudden died and alive phenomena of quantum entanglement is original in the transition of Pancharatnam phase.

We find that the faster the Pancharatnam phases change, the slower the quantum correlations decay.

We find that a subspace of quantum entanglement can exist in the Y-state.

Our results provide a useful approach experimentally to implement the time-dependent geometric quantum computation.