Quant Mid Cap Fund Growth Option Direct Plan
Equity
Direct
Mid-Cap
NAV: ₹ 248.62 as on 08-05-2024
About the Fund
Quant Mid Cap Fund Growth Option Direct Plan is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Mid Cap Fund Growth Option Direct Plan has ₹6920 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Fund Performance
59969 people have invested ₹ 73.6Cr in Quant Mid Cap Fund Growth Option Direct Plan in the last three months
Overview
 | 0.62% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹6920 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 198.46% |
Quant Mid Cap Fund Growth Option Direct Plan Distribution as on (31-Mar-24)
Size breakup
Mid cap
63.1%
Large cap
30.4%
Sector Allocation
Financial Services
16.5%
Basic Materials
16.3%
Industrial
16.1%
Energy
13.9%
Health
13.8%
Utilities
6.9%
Consumer Cyclical
5.8%
Communication
5.5%
Tech
5.2%
Top Holdings of Quant Mid Cap Fund Growth Option Direct Plan as on (30-Apr-24)
Equity Holdings26
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 NMDC Ltd | 16.4% |
 Linde India Ltd | 15.1% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.15% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 3.31% in Mar'24
AUM Change
- AUM of the fund stands at 5.9K Cr as of Mar'24
- AUM increased by 451.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 87.0% growth in AUM moving from 3.14K Cr to 5.87K Cr.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 36.98% return, outperforming this fund by 1.82% per annum.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.62% which is lower than the category average expense ratio of 1.17%.
In the last 5 years, this fund has outperformed all funds in its category.
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 1 month, this fund has decreased expense ratio by 18.4% moving from 0.76 to 0.62.
INDmoney Rank
Powered by IND quant engine
1
/19
99% Performance
44% Risk Management
72% Cost
1 out of 19 among mid-cap
Pros
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
Cons
Highly volatile within category
Peer Analysis
Fund Manager
Ankit A. Pande
Fund Manager of Quant Mid Cap Fund Growth Option Direct Plan, since 11 May 2020
Top funds managed
Sanjeev Sharma
Fund Manager of Quant Mid Cap Fund Growth Option Direct Plan, since 1 February 2017
Top funds managed
Quant Mid Cap Fund Growth Option Direct Plan 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 20.2% since inception which is more than its category average return of 18.85%
Fund Allocations
This fund has an allocation of 95.15% in Equity, 0% in Debt and 4.85% in Cash related instruments
AUM size ₹6920 Cr
This fund has AUM of ₹6920 Cr which is less than its category average of ₹ 7534 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Quant Mid Cap Fund Growth Option Direct Plan is ₹248.62 as on 08-May-2024.
Existing (Absolute + CAGR) as on 08-May-2024.
Quant Mid Cap Fund Growth Option Direct Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 1.53% | 1.53% |
6 Month Returns | 34.76% | 34.76% |
1 Year Returns | 68.56% | 68.56% |
3 Years Returns | 146.93% | 35.16% |
5 Years Returns | 349.52% | 35.07% |
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.
0.62% as on April 2024
₹6920 Cr as on April 2024
Reliance Industries Ltd(9.31%), Aurobindo Pharma Ltd(8.79%), Linde India Ltd(6.19%), Container Corporation of India Ltd(5.63%), Samvardhana Motherson International Ltd(5.56%) as on April 2024
Financial Services(15.67%), Basic Materials(15.55%), Industrial(15.36%) as on April 2024
The alpha ratio for the Quant Mid Cap Fund Growth Option Direct Plan for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Mid Cap Fund Growth Option Direct Plan | 16.22 | 8.95 | 10.54 |
As on April 2024
The alpha for Quant Mid Cap Fund Growth Option Direct Plan 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 Growth Option Direct Plan for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Mid Cap Fund Growth Option Direct Plan | 0.82 | 0.96 | 0.82 |
As on April 2024
The Beta for Quant Mid Cap Fund Growth Option Direct Plan 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 Growth Option Direct Plan for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Mid Cap Fund Growth Option Direct Plan | 3.63 | 1.75 | 1.33 |
As on April 2024
The sharpe ratio for Quant Mid Cap Fund Growth Option Direct Plan 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 Growth Option Direct Plan for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Mid Cap Fund Growth Option Direct Plan | 13.77 | 16.67 | 20.63 |
As on April 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 3.97 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.21 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ankit A. Pande, Sanjeev Sharma are the fund managers of Quant Mid Cap Fund Growth Option Direct Plan
The Exit load of Quant Mid Cap Fund Growth Option Direct Plan is 0.5%