Quant Absolute Fund Direct Growth

Quant Absolute Fund Direct Growth 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.

1. Quant Absolute Fund Direct Growth has ₹2102 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
2. The fund has an expense ratio 0.7.
   

Quant Absolute Fund Direct Growth has given a CAGR return of 17.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.74%, 18.85% and 27.34% respectively.

Quant Absolute Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Energy, Utilities, Cash Equivalent, Consumer Defensive, Industrial, Consumer Cyclical, Basic Materials, Real Estate, Health.

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investments objective of the scheme is to generate income / capital appreciation by investing primarily in equity and equity related instruments with a moderate exposure to debt securities & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Quant Absolute Fund Direct Growth has no lock in period.