Equity
Direct
Equity - Other
NAV as on 06-09-2024
₹ 26.39
1D
Inception Returns
33.5%
/yr
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.
Quant Quantamental Fund Direct Growth has given a CAGR return of 33.55% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 51.31% and 33.99% respectively.
Quant Quantamental Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Energy, Health, Utilities, Consumer Cyclical, Tech, Basic Materials, Communication. Its top holdings are ITC Ltd, Reliance Industries Ltd, Life Insurance Corporation of India, Jio Financial Services Ltd, Adani Power Ltd
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 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 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.
Expense ratio | 0.58% |
Benchmark | IISL Nifty 200 TR INR |
AUM | ₹2702 Cr |
Inception Date | 3 May, 2021 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 110.21% |
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 (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Basic Materials & Consumer Defensive
Quant Quantamental Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.7% | 1.7% |
6 Month Returns | 13.18% | 13.18% |
1 Year Returns | 51.31% | 51.31% |
3 Years Returns | 140.54% | 33.99% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Quantamental Fund Direct Growth | 15 | 14.35 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Quantamental Fund Direct Growth | 0.9 | 1 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Quantamental Fund Direct Growth | 2.96 | 1.66 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Quantamental Fund Direct Growth | 13.66 | 15.66 | - |