Nippon India Quant Fund Direct Growth

Nippon India Quant Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Ashutosh Bhargava. The fund could potentially beat inflation in the long-run.

1. Nippon India Quant Fund Direct Growth has ₹97 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Nippon India Quant 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 5.84%, 26.55% and 25.04% respectively.

Nippon India Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Energy, Tech, Basic Materials, Consumer Defensive, Health, Utilities, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd, State Bank of India

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model. There is no assurance or guarantee that the investment objective of the scheme will be achieved

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Quant Fund Direct Growth has no lock in period.