Quant Quantamental Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 23-12-2024
₹ 23.43
▲0.6%
1D
Inception Returns
26.3%
/yr
About Quant Quantamental Fund Direct Growth
Quant Quantamental Fund Direct Growth is an equity fund. This fund was started on 3 May, 2021. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Quantamental Fund Direct Growth has ₹2346 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Quant Quantamental Fund Direct Growth has given a CAGR return of 26.26% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 19.19% and 27.62% respectively.
Holdings
Quant Quantamental Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Energy, Industrial, Utilities, Health, Consumer Cyclical, Basic Materials, Communication. Its top holdings are Reliance Industries Ltd, Larsen & Toubro Ltd, Life Insurance Corporation of India, ITC Ltd, 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Quant Quantamental Fund Direct Growth
The investment objective of the Scheme is to deliver superior returns as compared to the underlying benchmark over the medium to long term through investing in equity and equity related securities. The portfolio of stocks will be selected, weighed and rebalanced using stock screeners, factor based scoring and an optimization formula. However, there can be 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 Quantamental Fund Direct Growth has no lock in period.
Historical NAV & Returns
Quant Quantamental Fund Direct Growth Overview
| Expense ratio | 0.58% |
Benchmark | IISL Nifty 200 TR INR |
| AUM | ₹2346 Cr |
| Inception Date | 3 May, 2021 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 110.21% |
| 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 (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at -2.14% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 1.55% in Nov'24
- AUM of the fund stands at 2.3K Cr as of Nov'24
- AUM decreased by 82.2 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Consumer Defensive & Energy
Top Growth Drivers | 1M Return |
|---|---|
 Larsen & Toubro Ltd | 6.7% |
 Piramal Enterprises Ltd | 6.4% |
 Life Insurance Corporation of India | 2.6% |
Quant Quantamental Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2346 Cr
Expense Ratio 0.58%
Frequently Asked Questions for Quant Quantamental Fund Direct Growth
Quant Quantamental Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.12% | 0.12% |
6 Month Returns | -9.73% | -9.73% |
1 Year Returns | 19.19% | 19.19% |
3 Years Returns | 107.85% | 27.62% |
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 Quantamental Fund Direct Growth | 3.46 | 11.4 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Quantamental Fund Direct Growth | 1.04 | 1.06 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Quantamental Fund Direct Growth | 1.31 | 1.29 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Quantamental Fund Direct Growth | 16.76 | 16.89 | - |