Quant Absolute Fund Direct Growth

Quant Absolute Fund Direct Growth

Hybrid

Direct

Aggressive Allocation

NAV as on 28-02-2025

₹ 394.24

-1.6%

1D

Inception Returns

16.4%

/yr

About Quant Absolute Fund Direct Growth

Quant Absolute Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Ankit A. Pande, Sanjeev Sharma. This fund gives you the benefit of diversification.

Key Parameters

  1. Quant Absolute Fund Direct Growth has ₹2056 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Quant Absolute Fund Direct Growth has given a CAGR return of 16.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -6.59%, 12.90% and 23.53% respectively.

Holdings

Quant Absolute Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Consumer Defensive, Energy, Utilities, Industrial, Basic Materials, Health, Consumer Cyclical.

Taxation

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Quant Absolute Fund Direct Growth

The investments objective of the scheme is to generate income / capital appreciation by investing primarily in equity and equity related instruments with a moderate exposure to debt securities & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Quant Absolute Fund Direct Growth has no lock in period.

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
4840 people have invested ₹ 2.8Cr in Quant Absolute Fund Direct Growth in the last three months

INDmoney Rank for Quant Absolute Fund Direct Growth

Powered by IND quant engine
14
/19
32% Performance
39% Risk Management
68% Cost
14 out of 19 among aggressive allocation

Quant Absolute Fund Direct Growth Overview

Expense ratio0.69%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹2056 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
143.62%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (28-Feb-25)

Period
Quant Absolute Fund Direct Growth
Aggressive Allocation Index
1M
-6.9%
-6%
3M
-11.2%
-9.8%
6M
-16.6%
-11.7%
1Y
-6.6%
3.1%
3Y
12.9%
11.8%
5Y
23.5%
15.3%

Fund Distribution

as on (31-Jan-25)

  • Equity 73.6%

  • Debt & Cash 26.4%

Large cap
68.8%

Mid cap
1.4%

Sector Allocation

Jan'25

Dec'24

Nov'24

Financial Services
27.8%
Consumer Defensive
25.7%
Energy
18.6%
Utilities
13.8%
Industrial
7.3%
Basic Materials
4.5%
Health
2%
Consumer Cyclical
0.4%
All changes are between Oct'69 and Dec'69
Parameters
Jan'25
Dec'24
Nov'24
AUM
₹ 2.1K Cr
₹ 2.1K Cr
₹ 2.2K Cr
  • AUM of the fund stands at 2.1K Cr as of Jan'25
  • AUM decreased by 59 Cr between Jan'25 and Dec'24
Top Stocks bought last month
ITC Ltd's allocation increased from 8.34% to 8.79%
ITC Ltd's allocation increased from 8.34% to 8.79%
Adani Enterprises Ltd's allocation increased from 3.57% to 3.81%
Adani Enterprises Ltd's allocation increased from 3.57% to 3.81%
Bajaj Finance Ltd's allocation increased from 1.3% to 1.4%
Bajaj Finance Ltd's allocation increased from 1.3% to 1.4%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 9.59 % to 9.38 %
Reliance Industries Ltd's allocation decreased from 9.59 % to 9.38 %
Jio Financial Services Ltd's allocation decreased from 7.82 % to 7.39 %
Jio Financial Services Ltd's allocation decreased from 7.82 % to 7.39 %
Life Insurance Corporation of India's allocation decreased from 6.67 % to 6.28 %
Life Insurance Corporation of India's allocation decreased from 6.67 % to 6.28 %

Top 3 Sectors in January were Government, Financial Services & Consumer Defensive

Jan'25
Government
57%
Financial Services
28%
Consumer Defensive
26%
Dec'24
Government
56%
Financial Services
27%
Consumer Defensive
25%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
31
32
33
Top 5 Company Concentration
36.2%
37.1%
37.7%
Company having highest exposure
Reliance Industries Ltd (10%)
Reliance Industries Ltd (9.4%)
Reliance Industries Ltd (9.6%)
No of Sectors
9
8
9
Top 5 Sectors Concentration
142.4%
140.4%
122.6%
Sector having highest exposure
Government (56.5%)
Government (55.7%)
Government (38.2%)
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Ankit A. Pande
Ankit A. Pande
Fund Manager of Quant Absolute Fund Direct Growth, since 11 May 2020
Sanjeev Sharma
Sanjeev Sharma
Fund Manager of Quant Absolute Fund Direct Growth, since 1 February 2017
Fund House
Quant Money Managers Limited
Total Schemes
Total AUM
₹94.78K Cr
as on 31-Jan-2025
Address
6th Floor, Sea Breeze Building,Appasaheb Marathe Marg, Prabhadevi
Phone
022-62955000
Website
help.investor@quant.in

Mutual Fund Insights

Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
Over the last 1 month, this fund has decreased expense ratio by 4.2% moving from 0.72 to 0.69.
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In the last 1 year, DSP Aggressive Hybrid Fund Direct Plan Growth has given 11.9% return, outperforming this fund by 18.49%.
Insights icon
This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.69% which is lower than the category average expense ratio of 1.25%.
Insights icon
Over the last 6 months, this fund has experienced a 10.4% drop in AUM moving from 2.29K Cr to 2.05K Cr.
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In the last 3 years, JM Aggressive Hybrid Fund (Direct) - Growth Option has given 20.08% return, outperforming this fund by 7.18% per annum.

Quant Absolute Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.36% since inception which is more than its category average return of 12.17%
Fund Allocations

Fund Allocations

This fund has an allocation of 73.59% in Equity, 14.93% in Debt and 11.48% in Cash related instruments
AUM size ₹2056 Cr

AUM size ₹2056 Cr

This fund has AUM of ₹2056 Cr which is less than its category average of ₹ 6257 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.47%

Frequently Asked Questions for Quant Absolute Fund Direct Growth

The current NAV of Quant Absolute Fund Direct Growth is ₹394.24 as on 28-Feb-2025.
Existing (Absolute + CAGR) as on 28-Feb-2025.
Quant Absolute Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-6.93%
-6.93%
6 Month Returns
-16.57%
-16.57%
1 Year Returns
-6.59%
-6.59%
3 Years Returns
43.9%
12.9%
5 Years Returns
187.65%
23.53%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.69% as on February 2025
₹2056 Cr as on February 2025
Reliance Industries Ltd(10.04%), ITC Ltd(8.37%), Jio Financial Services Ltd(6.15%), Life Insurance Corporation of India(6.12%), Britannia Industries Ltd(5.51%) as on February 2025
Financial Services(20.47%), Consumer Defensive(18.88%), Government(14.93%) as on February 2025
AAA
100
Ankit A. Pande, Sanjeev Sharma are the fund managers of Quant Absolute Fund Direct Growth
The Exit load of Quant Absolute Fund Direct Growth is 1%