Hybrid
Direct
Fund Of Funds
NAV as on 04-09-2024
₹ 85.38
1D
Inception Returns
15.2%
/yr
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.
Quantum Equity FoF Fund Direct Growth has given a CAGR return of 15.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.93%, 16.56% and 20.79% respectively.
Quantum Equity FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Basic Materials, Communication, Energy, Consumer Defensive, Utilities, Government, Real Estate, Corporate.
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).
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 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.
Expense ratio | 0.51% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹133 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 |
as on (04-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Quantum Equity FoF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.31% | 2.31% |
6 Month Returns | 19.57% | 19.57% |
1 Year Returns | 37.93% | 37.93% |
3 Years Returns | 58.38% | 16.56% |
5 Years Returns | 157.14% | 20.79% |