Quant Momentum Fund Direct Growth

Quant Momentum Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 13-11-2024

₹ 14.35

-1.6%

1D

Inception Returns

43.2%

/yr

About Quant Momentum Fund Direct Growth

Quant Momentum Fund Direct Growth is an equity fund. This fund was started on 21 November, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Quant Momentum Fund Direct Growth has ₹2324 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Quant Momentum Fund Direct Growth has given a CAGR return of 43.23% since inception.

Holdings

Quant Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Energy, Utilities, Health, Consumer Cyclical, Communication, Real Estate, Basic Materials. Its top holdings are Reliance Industries Ltd, ITC Ltd, Larsen & Toubro Ltd, Bajaj Finance Ltd, Life Insurance Corporation of India

Taxation

As it is a equity - other 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Quant Momentum Fund Direct Growth

The primary investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. 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 Momentum Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
6599 people have invested ₹ 6.2Cr in Quant Momentum Fund Direct Growth in the last three months

Quant Momentum Fund Direct Growth Overview

Expense ratio0.75%
Benchmark
IISL Nifty 500 TR INR
AUM₹2324 Cr
Inception Date21 November, 2023
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
96.91%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (13-Nov-24)

Period
Quant Momentum Fund Direct Growth
Nifty 500
equity - other
1M
-8.4%
-7.2%
-
3M
-8.4%
-3.5%
-
6M
2.5%
6.8%
-

Fund Distribution

as on (30-Sep-24)

  • Equity 93.6%

  • Debt & Cash 6.4%

Large cap
67.6%

Small cap
13%

Mid cap
9.9%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
21.1%
Industrial
18.1%
Consumer Defensive
17.9%
Energy
12.6%
Utilities
10.2%
Health
8.4%
Consumer Cyclical
5.3%
Communication
4%
Real Estate
2.4%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
0.36%
-0.79%
5.43%
Nifty 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 0.36% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
  • This fund underperformed Nifty 500 by 1.68% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 2.4K Cr
₹ 2.4K Cr
₹ 2.3K Cr
  • AUM of the fund stands at 2.4K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Tata Power Co Ltd's allocation increased from 5.53% to 6.21%
Tata Power Co Ltd's allocation increased from 5.53% to 6.21%
Hindustan Unilever Ltd's allocation increased from 3.91% to 4.22%
Hindustan Unilever Ltd's allocation increased from 3.91% to 4.22%
Samvardhana Motherson International Ltd's allocation increased from 2.7% to 2.96%
Samvardhana Motherson International Ltd's allocation increased from 2.7% to 2.96%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 9.57 % to 9.48 %
Reliance Industries Ltd's allocation decreased from 9.57 % to 9.48 %
ITC Ltd's allocation decreased from 9.57 % to 9.26 %
ITC Ltd's allocation decreased from 9.57 % to 9.26 %
Life Insurance Corporation of India's allocation decreased from 8.31 % to 7.96 %
Life Insurance Corporation of India's allocation decreased from 8.31 % to 7.96 %
Large Cap allocation has gone up from 62.6% to 70.7%
Large Cap allocation has gone up from 62.6% to 70.7%
Small Cap allocation has gone up from 5.5% to 12.2%
Small Cap allocation has gone up from 5.5% to 12.2%
Mid Cap allocation has gone down from 19.8% to 10.1%
Mid Cap allocation has gone down from 19.8% to 10.1%
Cash allocation has gone down from 10.7% to 3.8%
Cash allocation has gone down from 10.7% to 3.8%

Top 3 Sectors in September were Financial Services, Consumer Defensive & Energy

Sep'24
Financial Services
21%
Industrial
18%
Consumer Defensive
18%
Aug'24
Financial Services
23%
Consumer Defensive
20%
Energy
14%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
28
31
36
Top 5 Company Concentration
41.1%
38.6%
40.4%
Company having highest exposure
Reliance Industries Ltd (9.5%)
Reliance Industries Ltd (9.6%)
ITC Ltd (9.6%)
No of Sectors
9
9
10
Top 5 Sectors Concentration
79.9%
79.1%
80.9%
Sector having highest exposure
Financial Services (21.1%)
Financial Services (22.8%)
Consumer Defensive (23.1%)
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Fund House
Quant Money Managers Limited
Total Schemes
Total AUM
₹98.84K Cr
as on 30-Sep-2024
Address
6th Floor, Sea Breeze Building,Appasaheb Marathe Marg, Prabhadevi
Phone
022-62955000
Website
help.investor@quant.in

Quant Momentum Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 43.23% since inception (21st November 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 93.61% in Equity, 0% in Debt and 6.39% in Cash related instruments
AUM size ₹2324 Cr

AUM size ₹2324 Cr

This fund has AUM of ₹2324 Cr which is less than its category average of ₹ 2333 Cr
Expense Ratio 0.75%

Expense Ratio 0.75%

This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.22%

Frequently Asked Questions for Quant Momentum Fund Direct Growth

The current NAV of Quant Momentum Fund Direct Growth is ₹14.35 as on 13-Nov-2024.
Existing (Absolute + CAGR) as on 13-Nov-2024.
Quant Momentum Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-8.44%
-8.44%
6 Month Returns
2.53%
2.53%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.75% as on October 2024
₹2324 Cr as on October 2024
Reliance Industries Ltd(9.72%), ITC Ltd(9.59%), Larsen & Toubro Ltd(8.86%), Bajaj Finance Ltd(8.71%), Life Insurance Corporation of India(8.01%) as on October 2024
Financial Services(27.79%), Industrial(14.82%), Consumer Defensive(14.02%) as on October 2024
The alpha ratio for the Quant Momentum Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Quant Momentum Fund Direct Growth
-
-
-
As on October 2024
The alpha for Quant Momentum Fund Direct Growth is calculated against IISL Nifty 500 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 Momentum Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Quant Momentum Fund Direct Growth
-
-
-
As on October 2024
The Beta for Quant Momentum Fund Direct Growth is calculated with IISL Nifty 500 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 Momentum Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Quant Momentum Fund Direct Growth
-
-
-
As on October 2024
The sharpe ratio for Quant Momentum Fund Direct Growth is calculated with IISL Nifty 500 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 Momentum Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Quant Momentum Fund Direct Growth
-
-
-
As on October 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.
The Exit load of Quant Momentum Fund Direct Growth is 1%