Quant Momentum Fund Direct Growth

Quant Momentum Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 20-12-2024

₹ 14.22

-1.5%

1D

Inception Returns

38.3%

/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

  1. Quant Momentum Fund Direct Growth has ₹2057 Cr worth of assets under management (AUM) as on Nov 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 38.31% since inception. Over the last 1 year the fund has given a CAGR return of 34.78%.

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, Tech. Its top holdings are Larsen & Toubro Ltd, Reliance Industries Ltd, ITC Ltd, Life Insurance Corporation of India, Bajaj Finance 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 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
6258 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₹2057 Cr
Inception Date21 November, 2023
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
96.91%
STCGSelling mutual fund 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 (20-Dec-24)

Period
Quant Momentum Fund Direct Growth
Nifty 500
equity - other
1M
-0.8%
3.4%
-
3M
-11.6%
-6%
-
6M
-8.6%
2%
-
1Y
34.8%
21.2%
-

Fund Distribution

as on (30-Nov-24)

  • Equity 99.3%

  • Debt & Cash 0.7%

Large cap
72.9%

Small cap
13.6%

Mid cap
9.7%

Sector Allocation

Nov'24

Oct'24

Sep'24

Financial Services
32.8%
Industrial
15.9%
Consumer Defensive
14.1%
Energy
12%
Utilities
7.9%
Health
6.7%
Consumer Cyclical
3.6%
Communication
3.3%
Real Estate
2%
Basic Materials
1.1%
Tech
0.5%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
-2.18%
-7.26%
0.36%
Nifty 500
-0.60%
-6.52%
2.04%
  • This fund’s returns stands at -2.18% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
  • This fund underperformed Nifty 500 by 1.58% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 2.1K Cr
₹ 2.3K Cr
₹ 2.3K Cr
  • AUM of the fund stands at 2.1K Cr as of Nov'24
  • AUM decreased by 207.8 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Life Insurance Corporation of India's allocation increased from 8.01% to 8.8%
Life Insurance Corporation of India's allocation increased from 8.01% to 8.8%
Larsen & Toubro Ltd's allocation increased from 8.86% to 9.37%
Larsen & Toubro Ltd's allocation increased from 8.86% to 9.37%
Piramal Enterprises Ltd's allocation increased from 3.01% to 3.46%
Piramal Enterprises Ltd's allocation increased from 3.01% to 3.46%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 9.72 % to 9.2 %
Reliance Industries Ltd's allocation decreased from 9.72 % to 9.2 %
ITC Ltd's allocation decreased from 9.59 % to 9.13 %
ITC Ltd's allocation decreased from 9.59 % to 9.13 %
Bajaj Finance Ltd's allocation decreased from 8.71 % to 8.55 %
Bajaj Finance Ltd's allocation decreased from 8.71 % to 8.55 %
Small Cap allocation has gone up from 13% to 13.6%
Small Cap allocation has gone up from 13% to 13.6%
Mid Cap allocation has gone down from 9.9% to 9.7%
Mid Cap allocation has gone down from 9.9% to 9.7%
Large Cap allocation has gone up from 67.6% to 72.9%
Large Cap allocation has gone up from 67.6% to 72.9%
Cash allocation has gone down from 6.4% to 0.7%
Cash allocation has gone down from 6.4% to 0.7%

Top 3 Sectors in November were Financial Services, Industrial & Consumer Defensive

Nov'24
Financial Services
33%
Industrial
16%
Consumer Defensive
14%
Oct'24
Financial Services
30%
Industrial
16%
Consumer Defensive
15%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
29
25
28
Top 5 Company Concentration
45.1%
44.9%
41.1%
Company having highest exposure
Larsen & Toubro Ltd (9.4%)
Reliance Industries Ltd (9.7%)
Reliance Industries Ltd (9.5%)
No of Sectors
11
10
9
Top 5 Sectors Concentration
82.7%
82.2%
79.9%
Sector having highest exposure
Financial Services (32.8%)
Financial Services (29.7%)
Financial Services (21.1%)
Loading...
We are taking more time than usual
Sanjeev Sharma
Sanjeev Sharma
Fund Manager of Quant Momentum Fund Direct Growth, since 21 November 2023
Ankit A. Pande
Ankit A. Pande
Fund Manager of Quant Momentum Fund Direct Growth, since 21 November 2023
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

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 an average annual returns of 38.31% since inception which is more than its category average return of 17.65%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.27% in Equity, 0% in Debt and 0.73% in Cash related instruments
AUM size ₹2057 Cr

AUM size ₹2057 Cr

This fund has AUM of ₹2057 Cr which is less than its category average of ₹ 2189 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 1.18%

Frequently Asked Questions for Quant Momentum Fund Direct Growth

The current NAV of Quant Momentum Fund Direct Growth is ₹14.22 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Quant Momentum Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.81%
-0.81%
6 Month Returns
-8.64%
-8.64%
1 Year Returns
34.78%
34.78%
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 November 2024
₹2057 Cr as on November 2024
Larsen & Toubro Ltd(9.37%), Reliance Industries Ltd(9.2%), ITC Ltd(9.13%), Life Insurance Corporation of India(8.8%), Bajaj Finance Ltd(8.55%) as on November 2024
Financial Services(32.6%), Industrial(15.79%), Consumer Defensive(13.96%) as on November 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
11.28
-
-
As on November 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
1.25
-
-
As on November 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
1.71
-
-
As on November 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
19.96
-
-
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.
Sanjeev Sharma, Ankit A. Pande are the fund managers of Quant Momentum Fund Direct Growth
The Exit load of Quant Momentum Fund Direct Growth is 1%