Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl

Equity
Direct
Sector - Financial Services
Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 21 June, 2023. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl has ₹560 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 74.01% since inception.

Holdings

Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Energy, Utilities. Its top holdings are Reliance Industries Ltd, Life Insurance Corporation of India, HDFC Life Insurance Company Limited, Jio Financial Services Ltd, HDFC Bank Ltd

Taxation

As it is a sector - financial services 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl

The primary investment objective of the scheme is to generate consistent returns by investing in equity and equity related instruments of banking and financial services. However, there is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
16 people have invested ₹ 1.7L in Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
0.68%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹560 Cr
Inception Date
Inception Date
21 June, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution
as on (31-May-24)

  • Equity 97.8%

  • Debt & Cash 2.2%

Large cap
51.5%

Small cap
20.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
80.7%
Energy
11.3%
Utilities
8.1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Ankit A. Pande
Ankit A. Pande
Fund Manager of Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl, since 21 June 2023
Sanjeev Sharma
Sanjeev Sharma
Fund Manager of Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl, since 21 June 2023

Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 74.01% since inception (21nd Jun 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 97.82% in Equity, 0% in Debt and 2.18% in Cash related instruments
AUM size ₹560 Cr

AUM size ₹560 Cr

This fund has AUM of ₹560 Cr which is less than its category average of ₹ 1524 Cr
Expense Ratio 0.68%

Expense Ratio 0.68%

This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.33%

Frequently Asked Questions

The current NAV of Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl is ₹17.42 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
7.76%
7.76%
6 Month Returns
29.12%
29.12%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.68% as on May 2024
₹560 Cr as on May 2024
Reliance Industries Ltd(8.68%), Life Insurance Corporation of India(8.67%), HDFC Life Insurance Company Limited(8.15%), Jio Financial Services Ltd(7.75%), HDFC Bank Ltd(7.54%) as on May 2024
Financial Services(78.93%), Energy(11.02%), Utilities(7.88%) as on May 2024
The alpha ratio for the Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The alpha for Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The Beta for Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The sharpe ratio for Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Ankit A. Pande, Sanjeev Sharma are the fund managers of Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Ouant BFSI Direct Reinvestment Inc Dist cum Cap Wdrl is 1%