Quant Absolute Fund Growth Option Direct Plan
Quant Absolute Fund Growth Option Direct Plan

Quant Absolute Fund Growth Option Direct Plan

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Hybrid
Direct
Aggressive Allocation

NAV: ₹ 305.6 as on 31-03-2023

Fund Performance
zero opening, trading, fund transfer fee
3750 people have invested ₹ 3.2Cr in mutual fund in the last three months

Fund Insights

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In the last 1 year, HDFC Hybrid Equity Fund Direct Growth Option has given 7.3% return, outperforming Quant Absolute Fund Growth Option Direct Plan by 3.5%

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In the last 3 years, Quant Absolute Fund Growth Option Direct Plan has outperformed all funds in its category

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In the last 5 years, Quant Absolute Fund Growth Option Direct Plan has outperformed all funds in its category

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Quant Absolute Fund Growth Option Direct Plan has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.56% which is lower than the category average expense ratio of 1.32%

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Over the last 3 months, Quant Absolute Fund Growth Option Direct Plan has experienced a 16.8% growth in AUM moving from 867.83 Cr to 1.01K Cr

INDmoney Rank

Powered by IND quant engine
5
/16
47% Performance
45% Risk Management
80% Cost
5 out of 16 among aggressive allocation

Quant Absolute Fund Growth Option Direct Plan Performance as on (31-Mar-23)

Return
1M
3M
6M
1Y
3Y
5Y
Quant Absolute Fund Growth Option Direct Plan
1.3%
-6.6%
-3.1%
3.8%
39%
19.4%
Aggressive Allocation Index
-0.1%
-3%
0.3%
0.5%
22.2%
9.5%

About the Fund

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, Vasav Sahgal, Ankit A. Pande. This fund gives you the benefit of diversification.

Key parameters

1) Quant Absolute Fund Growth Option Direct Plan has a NAV of 305.6143 as on 31-03-2023.

2) Quant Absolute Fund Growth Option Direct Plan has 1013 Cr worth of assets under management (AUM) as on 28-02-2023 and is less than category average.

3) The fund has an expense ratio 0.56 %.

Quant Absolute Fund Growth Option Direct Plan Overview

Expense ratio
Expense ratio
0.56%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹1013 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
41.93%

Fund Distribution as on (28-Feb-23)

  • Equity 74.9%

  • Debt & Cash 25.1%

Size breakup

Large cap
67.6%
Mid cap
5.9%
Small cap
1.4%

Sector Allocation

Feb'23

Jan'23

Dec'22

Financial Services

23.7%

Consumer Defensive

17.6%

Energy

14.3%

Basic Materials

13.8%

Tech

8.7%

Industrial

7.4%

Utilities

7.4%

Consumer Cyclical

4.2%

Real Estate

2.9%

Top Holdings of Quant Absolute Fund Growth Option Direct Plan as on (31-Mar-23)

  • Equity

Equity Holdings22

Quant Absolute Fund Growth Option Direct Plan: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
-3.74%
-4.14%
-2.13%
Aggressive Allocation Index
-1.08%
-1.89%
-2.12%
  • This fund’s returns stands at -3.74% whereas the fund’s underlying benchmark Aggressive Allocation Index returns stands at -1.08% as on Feb'23
  • This fund underperformed Aggressive Allocation Index by 2.66% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 1K Cr
₹ 994.3 Cr
₹ 867.8 Cr
  • AUM of the fund stands at 1K Cr as of Feb'23
  • AUM increased by 19.1 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Top Stocks bought last month
NTPC Ltd's allocation increased from 4.34% to 5.38%
NTPC Ltd's allocation increased from 4.34% to 5.38%
State Bank of India's allocation increased from 5.39% to 6.42%
State Bank of India's allocation increased from 5.39% to 6.42%
ITC Ltd's allocation increased from 7.53% to 8.46%
ITC Ltd's allocation increased from 7.53% to 8.46%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 6.12 % to 5.76 %
HDFC Bank Ltd's allocation decreased from 6.12 % to 5.76 %
Reliance Industries Ltd's allocation decreased from 5.91 % to 5.22 %
Reliance Industries Ltd's allocation decreased from 5.91 % to 5.22 %
Ambuja Cements Ltd's allocation decreased from 6.11 % to 4.47 %
Ambuja Cements Ltd's allocation decreased from 6.11 % to 4.47 %

Top 3 Sectors in February were Government, Financial Services & Consumer Defensive

Feb'23
Government
49%
Financial Services
24%
Consumer Defensive
18%
Jan'23
Government
40%
Financial Services
27%
Consumer Defensive
18%

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
Vasav Sahgal

Vasav Sahgal

Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 30 June 2019
Ankit A. Pande

Ankit A. Pande

Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 11 May 2020

Fund 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 an average annual returns of 16.77% since inception which is more than its category average return of 10.72%
Fund Allocations

Fund Allocations

This fund has an allocation of 74.87% in Equity, 10.07% in Debt and 15.06% in Cash related instruments
AUM size ₹1013 Cr

AUM size ₹1013 Cr

This fund has AUM of ₹1013 Cr which is less than its category average of ₹ 3835 Cr
Expense Ratio 0.56%

Expense Ratio 0.56%

This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 1.63%

Frequently Asked Questions

The current NAV of Quant Absolute Fund Growth Option Direct Plan is 298.36 as on 28-Mar-2023.
Existing (Absolute + CAGR)
Quant Absolute Fund Growth Option Direct Plan
Absolute Returns
CAGR Returns
1 Month Returns
-1.15%
-1.15%
6 Month Returns
-4.07%
-4.07%
1 Year Returns
3.47%
3.47%
3 Years Returns
163.8%
38.17%
5 Years Returns
136.02%
18.74%
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.
0.56 as on March 2023
1013 Cr as on March 2023
ITC Ltd(9.54%),Reliance Industries Ltd(9.27%),UltraTech Cement Ltd(6.05%),State Bank of India(5.95%),HDFC Bank Ltd(5.63%) as on March 2023
Financial Services(17.74%),Consumer Defensive(13.15%),Government(12.35%) as on March 2023
AAA
100
Sanjeev Sharma,Vasav Sahgal,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 0%