Quant Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 10-02-2025
₹ 10.15
1D
Inception Returns
2.6%
/yr
About Quant Consumption Fund Direct Growth
Quant Consumption Fund Direct Growth is an equity fund. This fund was started on 25 January, 2024. The fund is managed by Sanjeev Sharma, Ankit A. Pande. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Consumption Fund Direct Growth has ₹324 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Quant Consumption Fund Direct Growth has given a CAGR return of 2.60% since inception. Over the last 1 year the fund has given a CAGR return of 0.89%.
Holdings
Quant Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Consumer Cyclical, Energy, Health, Financial Services. Its top holdings are Reliance Industries Ltd, ITC Ltd, Nestle India Ltd, Aditya Birla Fashion and Retail Ltd, Marico Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Quant Consumption Fund Direct Growth
The primary investment objective of the scheme is to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of Consumption driven companies. 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 Consumption Fund Direct Growth has no lock in period.
Historical NAV & Returns
Quant Consumption Fund Direct Growth Overview
| Expense ratio | 0.73% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹324 Cr |
| Inception Date | 25 January, 2024 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 28.55% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (10-Feb-25)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at -1.41% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.81% in Nov'24
- AUM of the fund stands at 337.7 Cr as of Dec'24
- AUM increased by 1.4 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Consumer Defensive, Consumer Cyclical & Energy
Top Growth Drivers | 1M Return |
|---|---|
 Nestle India Ltd | 0.2% |
 Britannia Industries Ltd | 0.2% |
Quant Consumption Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹324 Cr
Expense Ratio 0.73%
Frequently Asked Questions for Quant Consumption Fund Direct Growth
Quant Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.83% | -3.83% |
6 Month Returns | -12.71% | -12.71% |
1 Year Returns | 0.89% | 0.89% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Consumption Fund Direct Growth | -5.64 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Consumption Fund Direct Growth | 1.05 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Consumption Fund Direct Growth | -0.14 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Consumption Fund Direct Growth | 15.88 | - | - |