Quant Absolute Fund Growth Option Direct Plan
Hybrid
Direct
Aggressive Allocation
NAV: ₹ 305.6 as on 31-03-2023
Fund Performance
3750 people have invested ₹ 3.2Cr in mutual fund in the last three months
Fund Insights
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%
In the last 3 years, Quant Absolute Fund Growth Option Direct Plan has outperformed all funds in its category
In the last 5 years, Quant Absolute Fund Growth Option Direct Plan has outperformed all funds in its category
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%
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)
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
 | 0.56% |
 Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
 | ₹1013 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 41.93% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
67.6%
Mid cap
5.9%
Small cap
1.4%
Sector Allocation
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 Holdings22
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ITC Ltd | 9.54% | 7.5% | |
 Reliance Industries Ltd | 9.27% | 83.5% | |
 UltraTech Cement Ltd | 6.05% | 100% | |
 State Bank of India | 5.95% | 0% | |
 HDFC Bank Ltd | 5.63% | 0% |
See all
Quant Absolute Fund Growth Option Direct Plan: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- 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
- 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%
State Bank of India's allocation increased from 5.39% to 6.42%
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 %
Reliance Industries Ltd's allocation decreased from 5.91 % to 5.22 %
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%
Peer Analysis
Quant Absolute Fund Growth Option Direct Plan Fund Manager
Sanjeev Sharma
Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 1 February 2017
Top funds managed
Vasav Sahgal
Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 30 June 2019
Top funds managed
Ankit A. Pande
Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 11 May 2020
Top funds managed
Fund 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 16.77% since inception which is more than its category average return of 10.72%
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
This fund has AUM of ₹1013 Cr which is less than its category average of ₹ 3835 Cr
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.
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- Input the amount you are looking to invest.
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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%