Quant Absolute Fund Growth Option Direct Plan

Quant Absolute Fund Growth Option Direct Plan

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Hybrid
Direct
Aggressive Allocation
NAV: ₹ 433.7 as on 16-04-2024
Fund Performance
zero opening, trading, fund transfer fee
5386 people have invested ₹ 5Cr in Quant Absolute Fund Growth Option Direct Plan in the last three months

Mutual Fund Insights

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Over the last 6 months, this fund has experienced a 35.6% growth in AUM moving from 1.37K Cr to 1.86K Cr.
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In the last 3 years, ICICI Prudential Equity & Debt Fund Direct Plan Growth has given 26.23% return, outperforming this fund by 1.84% per annum.
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Over the last 1 month, this fund has increased expense ratio by 10.7% moving from 0.75 to 0.83.
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In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 48.64% return, outperforming this fund by 8.87%.
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In the last 5 years, this fund has outperformed all funds in its category.
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This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.83% which is lower than the category average expense ratio of 1.26%.

INDmoney Rank of Quant Absolute Fund Growth Option Direct Plan

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10
/18
40% Performance
40% Risk Management
49% Cost
10 out of 18 among aggressive allocation

About the Quant Absolute Fund Growth Option Direct Plan

Quant Absolute Fund Growth Option Direct Plan 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

  1. Quant Absolute Fund Growth Option Direct Plan has ₹1869 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Quant Absolute Fund Growth Option Direct Plan Overview

Expense ratio
Expense ratio
0.83%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹1869 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
144.51%

Quant Absolute Fund Growth Option Direct Plan Distribution as on (31-Mar-24)

  • Equity 77.2%

  • Debt & Cash 22.8%

Size breakup

Large cap
57.3%
Mid cap
8.2%
Sector Allocation

Mar'24

Feb'24

Jan'24

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 Growth Option Direct Plan as on (31-Mar-24)

  • Equity

  • Debt & Cash

Equity Holdings21
Debt Holdings10

Quant Absolute Fund Growth Option Direct Plan: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 1.9K Cr
₹ 1.8K Cr
₹ 1.7K Cr
  • 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

Quant Absolute Fund Growth Option Direct Plan Fund Manager

Sanjeev Sharma
Sanjeev Sharma
Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 1 February 2017
Ankit A. Pande
Ankit A. Pande
Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 11 May 2020

Quant Absolute Fund Growth Option Direct Plan Highlights

Risk meter
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Very High Risk

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

About the fund

This fund has delivered an average annual returns of 18.73% since inception which is more than its category average return of 12.57%
Fund Allocations

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

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%

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 Growth Option Direct Plan is ₹433.7 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Quant Absolute Fund Growth Option Direct Plan
Absolute Returns
CAGR Returns
1 Month Returns
3.83%
3.83%
6 Month Returns
25.14%
25.14%
1 Year Returns
39.77%
39.77%
3 Years Returns
92.45%
24.39%
5 Years Returns
208.68%
25.29%
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 Growth Option Direct Plan
The Exit load of Quant Absolute Fund Growth Option Direct Plan is 1%