Quant Mid Cap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 20-12-2024
₹ 242.15
1D
Inception Returns
18.9%
/yr
About Quant Mid Cap Fund Direct Growth
Quant Mid Cap Fund Direct Growth 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 Direct Growth has ₹8941 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Quant Mid Cap Fund Direct Growth has given a CAGR return of 18.88% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.80%, 26.47% and 33.99% respectively.
Holdings
Quant Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Health, Consumer Defensive, Energy, Consumer Cyclical, Communication, Financial Services, Utilities. Its top holdings are Reliance Industries Ltd, Aurobindo Pharma Ltd, Container Corporation of India Ltd, IRB Infrastructure Developers Ltd, Tata Communications 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
▲
▼
78521 people have invested ₹ 57.6Cr in Quant Mid Cap Fund Direct Growth in the last three months
INDmoney Rank for Quant Mid Cap Fund Direct Growth
Powered by IND quant engine
6
/19
65% Performance
49% Risk Management
83% Cost
6 out of 19 among mid-cap
Consistently beats benchmark
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Highly volatile within category
Quant Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.58% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹8941 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 104.76% |
| 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Mid cap
72.6%
Large cap
17.3%
Small cap
1.1%
Sector Allocation
Industrial
23.4%
Basic Materials
18%
Health
14%
Consumer Defensive
12.1%
Energy
11.6%
Consumer Cyclical
6.8%
Communication
6.6%
Financial Services
6%
Utilities
1.7%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -1.73% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -0.54% as on Nov'24
- This fund underperformed Nifty Midcap 150 by 1.18% in Nov'24
- AUM of the fund stands at 8.9K Cr as of Nov'24
- AUM increased by 0.7 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Lloyds Metals & Energy Ltd's allocation increased from 3.79% to 4.05%
IRB Infrastructure Developers Ltd's allocation increased from 7.16% to 7.37%
Ramco Cements Ltd's allocation increased from 0.98% to 1.13%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 9.62 % to 9.43 %
Aurobindo Pharma Ltd's allocation decreased from 9.32 % to 8.43 %
Container Corporation of India Ltd's allocation decreased from 7.75 % to 7.58 %
Mid Cap allocation has gone down from 73.2% to 72.6%
Large Cap allocation has gone down from 17.7% to 17.3%
Small Cap allocation has gone up from 1% to 1.1%
Cash allocation has gone down from 8.1% to 8.1%
Top 3 Sectors in November were Industrial, Basic Materials & Health
Nov'24
Industrial
23%
Basic Materials
18%
Health
14%
Oct'24
Industrial
18%
Basic Materials
16%
Health
15%
Top Growth Drivers | 1M Return |
|---|---|
 Mazagon Dock Shipbuilders Ltd | 25.2% |
 Lloyds Metals & Energy Ltd | 24.2% |
 The Ramco Cements Ltd | 14.1% |
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Ankit A. Pande
Fund Manager of Quant Mid Cap Fund Direct Growth, since 11 May 2020
Top funds managed
Sanjeev Sharma
Fund Manager of Quant Mid Cap Fund Direct Growth, since 1 February 2017
Top funds managed
Fund House
Quant Money Managers Limited
Total Schemes
Total AUM
₹96.79K Cr
as on 29-Nov-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 1 year, this fund has decreased expense ratio by 23.7% moving from 0.76 to 0.58.
Over the last 3 months, this fund has experienced a 4.5% drop in AUM moving from 9.36K Cr to 8.94K Cr.
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%.
In the last 5 years, Motilal Oswal Midcap Direct Growth has given 35.45% return, outperforming this fund by 0.93% per annum.
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 61.44% return, outperforming this fund by 39.22%.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 38.5% return, outperforming this fund by 12.57% per annum.
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 18.88% since inception which is less than its category average return of 19.7%
Fund Allocations
This fund has an allocation of 91.91% in Equity, 0% in Debt and 8.09% in Cash related instruments
AUM size ₹8941 Cr
This fund has AUM of ₹8941 Cr which is less than its category average of ₹ 9584 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 for Quant Mid Cap Fund Direct Growth
The current NAV of Quant Mid Cap Fund Direct Growth is ₹242.15 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Quant Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.89% | 0.89% |
6 Month Returns | -11.32% | -11.32% |
1 Year Returns | 23.8% | 23.8% |
3 Years Returns | 102.28% | 26.47% |
5 Years Returns | 331.92% | 33.99% |
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 November 2024
₹8941 Cr as on November 2024
Reliance Industries Ltd(9.43%), Aurobindo Pharma Ltd(8.43%), Container Corporation of India Ltd(7.58%), IRB Infrastructure Developers Ltd(7.37%), Tata Communications Ltd(5.97%) as on November 2024
Industrial(21.46%), Basic Materials(16.51%), Health(12.85%) as on November 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 | -0.88 | 3.04 | 8.3 |
As on November 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 | 0.96 | 0.95 | 0.82 |
As on November 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 | 1.26 | 1.12 | 1.29 |
As on November 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 | 15.95 | 17.02 | 20.55 |
As on November 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 2.13 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.3 as on November 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 Direct Growth
The Exit load of Quant Mid Cap Fund Direct Growth is 0.5%