Quant Teck Fund Direct Growth
Equity
Direct
Sector - Technology
NAV as on 20-12-2024
₹ 13.63
1D
Inception Returns
30.5%
/yr
About Quant Teck Fund Direct Growth
Quant Teck Fund Direct Growth is an equity fund. This fund was started on 12 September, 2023. The fund is managed by Sanjeev Sharma, Ankit A. Pande. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Teck Fund Direct Growth has ₹442 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Quant Teck Fund Direct Growth has given a CAGR return of 30.55% since inception. Over the last 1 year the fund has given a CAGR return of 30.15%.
Holdings
Quant Teck Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Financial Services, Energy, Basic Materials. Its top holdings are Jio Financial Services Ltd, Reliance Industries Ltd, Sun TV Network Ltd, HFCL Ltd, Just Dial Ltd
Taxation
As it is a sector - technology 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 Teck Fund Direct Growth
The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related instruments of technology-centric companies. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Quant Teck Fund Direct Growth has no lock in period.
Historical NAV & Returns
Quant Teck Fund Direct Growth Overview
| Expense ratio | 0.78% |
Benchmark | S&P BSE IT |
| AUM | ₹442 Cr |
| Inception Date | 12 September, 2023 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 110.1% |
| 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 3.47% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 4.06% in Nov'24
- AUM of the fund stands at 424.4 Cr as of Nov'24
- AUM decreased by 26.7 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Tech, Communication & Energy
Top Growth Drivers | 1M Return |
|---|---|
 Info Edge (India) Ltd | 16.4% |
 eClerx Services Ltd | 16% |
Quant Teck Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹442 Cr
Expense Ratio 0.78%
Frequently Asked Questions for Quant Teck Fund Direct Growth
Quant Teck Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.49% | 5.49% |
6 Month Returns | 7.61% | 7.61% |
1 Year Returns | 30.15% | 30.15% |
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 Teck Fund Direct Growth | 9.06 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Teck Fund Direct Growth | 0.71 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Teck Fund Direct Growth | 1.38 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Teck Fund Direct Growth | 19.96 | - | - |