Quantum Equity FoF Fund Direct Growth
Hybrid
Direct
Fund Of Funds
NAV as on 19-11-2024
₹ 80.26
▲0.5%
1D
Inception Returns
14.5%
/yr
About Quantum Equity FoF Fund Direct Growth
Quantum Equity FoF Fund Direct Growth is a hybrid fund. This fund was started on 20 July, 2009. The fund is managed by Chirag Mehta. This fund gives you the benefit of diversification.
Key Parameters
- Quantum Equity FoF Fund Direct Growth has ₹128 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Quantum Equity FoF Fund Direct Growth has given a CAGR return of 14.55% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.65%, 12.98% and 17.10% respectively.
Holdings
Quantum Equity FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Basic Materials, Tech, Communication, Consumer Defensive, Utilities, Energy, Corporate, Real Estate, Government.
Taxation
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Quantum Equity FoF Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation by investing in a portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI. There can be no assurance of positive returns from following the stated investment strategy.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Quantum Equity FoF Fund Direct Growth has no lock in period.
Historical NAV & Returns
Quantum Equity FoF Fund Direct Growth Overview
| Expense ratio | 0.51% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹128 Cr |
| Inception Date | 20 July, 2009 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 32.55% |
| 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 |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 127.7 Cr as of Oct'24
- AUM decreased by 7.9 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Pru Focused Equity Dir Gr | 12.84% | 0% | |
SBI Magnum Midcap Dir Gr | 12.69% | 0% | |
Invesco India Contra Dir Gr | 12.62% | 0% | |
Sundaram large and Mid Cap Dir Gr | 12.58% | 0% | |
360 ONE Focused Equity Dir Gr | 12.36% | 0% |
Mutual Fund Insights
Quantum Equity FoF Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹128 Cr
Expense Ratio 0.51%
Frequently Asked Questions for Quantum Equity FoF Fund Direct Growth
Quantum Equity FoF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.29% | -5.29% |
6 Month Returns | 7.01% | 7.01% |
1 Year Returns | 27.65% | 27.65% |
3 Years Returns | 44.19% | 12.98% |
5 Years Returns | 120.2% | 17.1% |
- 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.