Quant Healthcare Fund Direct Growth
Equity
Direct
Sector - Healthcare
NAV as on 21-11-2024
₹ 15.91
▲0.2%
1D
Inception Returns
42.6%
/yr
About Quant Healthcare Fund Direct Growth
Quant Healthcare Fund Direct Growth is an equity fund. This fund was started on 18 July, 2023. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Healthcare Fund Direct Growth has ₹437 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Quant Healthcare Fund Direct Growth has given a CAGR return of 42.57% since inception. Over the last 1 year the fund has given a CAGR return of 44.79%.
Holdings
Quant Healthcare Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Energy, Tech, Consumer Defensive, Basic Materials. Its top holdings are RPG Life Sciences Ltd, Aster DM Healthcare Ltd Ordinary Shares, Reliance Industries Ltd, Aurobindo Pharma Ltd, Pfizer Ltd
Taxation
As it is a sector - healthcare 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 Healthcare Fund Direct Growth
The investment objective of the scheme is to seek long term capital appreciation by investing in equity/equity related instruments of companies from the healthcare sector. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Quant Healthcare Fund Direct Growth has no lock in period.
Historical NAV & Returns
Quant Healthcare Fund Direct Growth Overview
| Expense ratio | 0.69% |
Benchmark | S&P BSE Healthcare PR |
| AUM | ₹437 Cr |
| Inception Date | 18 July, 2023 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 140.37% |
| STCG | Redeeming 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 (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -4.22% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 2.30% in Oct'24
- AUM of the fund stands at 453.8 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Health, Tech & Energy
Top Growth Drivers | 1M Return |
|---|---|
 Aster DM Healthcare Ltd | 1.1% |
Quant Healthcare Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹437 Cr
Expense Ratio 0.69%
Frequently Asked Questions for Quant Healthcare Fund Direct Growth
Quant Healthcare Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.39% | -7.39% |
6 Month Returns | 14.68% | 14.68% |
1 Year Returns | 44.79% | 44.79% |
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 Healthcare Fund Direct Growth | 2.83 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Healthcare Fund Direct Growth | 1.02 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Healthcare Fund Direct Growth | 2.39 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Healthcare Fund Direct Growth | 18.26 | - | - |