Equity
Direct
Equity - Other
NAV as on 21-11-2024
₹ 14.03
1D
Inception Returns
40%
/yr
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.
Quant Momentum Fund Direct Growth has given a CAGR return of 40.01% since inception. Over the last 1 year the fund has given a CAGR return of 40.11%.
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
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 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.
Expense ratio | 0.75% |
Benchmark | IISL Nifty 500 TR INR |
AUM | ₹2117 Cr |
Inception Date | 21 November, 2023 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 96.91% |
STCG | Redeeming 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 |
as on (21-Nov-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Industrial & Consumer Defensive
Quant Momentum Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.22% | -8.22% |
6 Month Returns | -5.19% | -5.19% |
1 Year Returns | 40.11% | 40.11% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Momentum Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Momentum Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Momentum Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Momentum Fund Direct Growth | - | - | - |