Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option
Hybrid
Direct
Aggressive Allocation
NAV: ₹ 60.07 as on 16-04-2024
Fund Performance
10 people have invested ₹ 2.9L in Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option in the last three months
About the Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option
Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sanjeev Sharma, Ankit A. Pande. This fund gives you the benefit of diversification.
Key Parameters
- Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option has ₹1869 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option Overview
 | 0.83% |
 Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
 | ₹1869 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 144.51% |
Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option Distribution as on (31-Mar-24)
Size breakup
Large cap
57.3%
Mid cap
8.2%
Sector Allocation
Financial Services
25.1%
Utilities
17.8%
Basic Materials
15.3%
Energy
15.1%
Tech
10.3%
Consumer Defensive
10.1%
Industrial
3.8%
Health
1.8%
Consumer Cyclical
0.7%
Top Holdings of Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option as on (31-Mar-24)
Equity Holdings21
Debt Holdings10
Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.9K Cr as of Mar'24
- AUM increased by 81.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option Fund Manager
Sanjeev Sharma
Fund Manager of Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option, since 1 February 2017
Top funds managed
Ankit A. Pande
Fund Manager of Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option, since 11 May 2020
Top funds managed
Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.49% since inception which is more than its category average return of 12.57%
Fund Allocations
This fund has an allocation of 77.22% in Equity, 18.75% in Debt and 4.03% in Cash related instruments
AUM size ₹1869 Cr
This fund has AUM of ₹1869 Cr which is less than its category average of ₹ 5008 Cr
Expense Ratio 0.83%
This fund has an expense ratio of 0.83% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option is ₹60.07 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option | Absolute Returns | CAGR Returns |
1 Month Returns | 3.83% | 3.83% |
6 Month Returns | 25.13% | 25.13% |
1 Year Returns | 39.79% | 39.79% |
3 Years Returns | 92.42% | 24.38% |
5 Years Returns | 208.37% | 25.26% |
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.
0.83% as on March 2024
₹1869 Cr as on March 2024
Jio Financial Services Ltd(9.96%), Reliance Industries Ltd(9.92%), Adani Power Ltd(6.01%), Britannia Industries Ltd(5.8%), Jindal Steel & Power Ltd(5.27%) as on March 2024
Financial Services(19.39%), Utilities(13.73%), Government(13.47%) as on March 2024
AAA | 100 |
Sanjeev Sharma, Ankit A. Pande are the fund managers of Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option
The Exit load of Quant Absolute Fund Direct Plan Reinvestment of Income Distribution cum capital withdrawal option is 1%