Quant Momentum Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 11-03-2025
₹ 12.98
Inception Returns
22%
/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 Sanjeev Sharma, Ankit A. Pande. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Momentum Fund Direct Growth has ₹1890 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Quant Momentum Fund Direct Growth has given a CAGR return of 22.02% since inception. Over the last 1 year the fund has given a CAGR return of -5.10%.
Holdings
Quant Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Energy, Consumer Defensive, Government, Utilities, Health, Consumer Cyclical, Communication, Real Estate. Its top holdings are Reliance Industries Ltd, Larsen & Toubro Ltd, ITC Ltd, Life Insurance Corporation of India, Tata Power Co Ltd
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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.
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
Quant Momentum Fund Direct Growth Overview
| Expense ratio | 0.86% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹1890 Cr |
| Inception Date | 21 November, 2023 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 96.91% |
| 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 (11-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 1.9K Cr as of Jan'25
- AUM decreased by 166.5 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Industrial & Consumer Defensive
Top Growth Drivers | 1M Return |
|---|---|
 Voltas Ltd | 8.1% |
Quant Momentum Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1890 Cr
Expense Ratio 0.86%
Frequently Asked Questions for Quant Momentum Fund Direct Growth
Quant Momentum Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.98% | -2.98% |
6 Month Returns | -18.68% | -18.68% |
1 Year Returns | -5.1% | -5.1% |
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 Momentum Fund Direct Growth | -3.04 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Momentum Fund Direct Growth | 1.1 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Momentum Fund Direct Growth | -0.53 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Momentum Fund Direct Growth | 17.7 | - | - |