Quant Mid Cap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 06-09-2024
₹ 269.51
1D
Inception Returns
20.5%
/yr
About the Fund
Quant Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sanjeev Sharma, Ankit A. Pande. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Mid Cap Fund Direct Growth has ₹9367 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Quant Mid Cap Fund Direct Growth has given a CAGR return of 20.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 51.03%, 31.54% and 39.13% respectively.
Holdings
Quant Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Health, Energy, Consumer Defensive, Financial Services, Tech, Consumer Cyclical, Communication, Utilities. Its top holdings are Aurobindo Pharma Ltd, Reliance Industries Ltd, Container Corporation of India Ltd, IRB Infrastructure Developers Ltd, Steel Authority Of India Ltd
Taxation
As it is a mid-cap 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 Mid Cap Fund Direct Growth
The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of Mid Cap 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 Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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82058 people have invested ₹ 84.5Cr in Quant Mid Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
1
/19
91% Performance
59% Risk Management
78% Cost
1 out of 19 among mid-cap
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.58% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹9367 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 104.76% |
| 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Mid cap
55%
Large cap
17.9%
Small cap
8.3%
Sector Allocation
Industrial
25.4%
Basic Materials
20.2%
Health
16.1%
Energy
12.2%
Consumer Defensive
7.5%
Financial Services
5.7%
Consumer Cyclical
4.3%
Tech
3.3%
Communication
3.2%
Utilities
2.1%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 2.66% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 3.95% as on Jul'24
- This fund underperformed Nifty Midcap 150 by 1.29% in Jul'24
- AUM of the fund stands at 9.3K Cr as of Jul'24
- AUM increased by 535.5 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Steel Authority Of India Ltd's allocation increased from 6.18% to 8.78%
Container Corporation of India Ltd's allocation increased from 7.47% to 9.17%
Aurobindo Pharma Ltd's allocation increased from 8.31% to 9.92%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 10.52 % to 9.53 %
Linde India Ltd's allocation decreased from 4.54 % to 4.21 %
Poonawalla Fincorp Ltd's allocation decreased from 2.98 % to 2.54 %
Cash allocation has gone up from 5.7% to 12%
Top 3 Sectors in July were Financial Services, Government & Basic Materials
Jul'24
Industrial
25%
Basic Materials
20%
Health
16%
Jun'24
Financial Services
17%
Government
15%
Basic Materials
14%
Top Growth Drivers | 1M Return |
|---|---|
 Mphasis Ltd | 17% |
 Poonawalla Fincorp Ltd | 13.9% |
 Aurobindo Pharma Ltd | 9.4% |
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Sanjeev Sharma
Fund Manager of Quant Mid Cap Fund Direct Growth, since 1 February 2017
Top funds managed
Ankit A. Pande
Fund Manager of Quant Mid Cap Fund Direct Growth, since 11 May 2020
Top funds managed
Fund House
Quant Money Managers Limited
Total Schemes
Total AUM
₹76.38K Cr
as on 31-Jul-2024
Address
6th Floor, Sea Breeze Building,Appasaheb Marathe Marg, Prabhadevi
Phone
022-62955000
Website
help.investor@quant.in
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 23.7% moving from 0.76 to 0.58.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 38.4% return, outperforming this fund by 6.86% per annum.
Over the last 6 months, this fund has experienced a 72.8% growth in AUM moving from 5.42K Cr to 9.36K Cr.
In the last 5 years, this fund has outperformed all funds in its category.
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 61.89% return, outperforming this fund by 10.86%.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.58% which is lower than the category average expense ratio of 1.13%.
Quant Mid Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 20.49% since inception which is less than its category average return of 20.5%
Fund Allocations
This fund has an allocation of 86.59% in Equity, 0% in Debt and 13.41% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 9355 Cr
Expense Ratio 0.58%
This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of Quant Mid Cap Fund Direct Growth is ₹269.51 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
Quant Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.35% | 2.35% |
6 Month Returns | 14.22% | 14.22% |
1 Year Returns | 51.03% | 51.03% |
3 Years Returns | 127.6% | 31.54% |
5 Years Returns | 421.31% | 39.13% |
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.
0.58% as on August 2024
₹9367 Cr as on August 2024
Aurobindo Pharma Ltd(10%), Reliance Industries Ltd(9.63%), Container Corporation of India Ltd(8.43%), IRB Infrastructure Developers Ltd(8.35%), Steel Authority Of India Ltd(7.96%) as on August 2024
Industrial(20.8%), Basic Materials(16.41%), Health(14.04%) as on August 2024
The alpha ratio for the Quant Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Mid Cap Fund Direct Growth | 11.54 | 6.4 | 10.17 |
As on August 2024
The alpha for Quant Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Quant Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Mid Cap Fund Direct Growth | 0.81 | 0.89 | 0.81 |
As on August 2024
The Beta for Quant Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Quant Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Mid Cap Fund Direct Growth | 2.9 | 1.55 | 1.52 |
As on August 2024
The sharpe ratio for Quant Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Quant Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Mid Cap Fund Direct Growth | 13.86 | 15.84 | 20.08 |
As on August 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.27 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.63 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sanjeev Sharma, Ankit A. Pande are the fund managers of Quant Mid Cap Fund Direct Growth
The Exit load of Quant Mid Cap Fund Direct Growth is 0.5%