Quant BFSI Fund Direct Growth
Equity
Direct
Sector - Financial Services
NAV: ₹ 16.63 as on 02-05-2024
About the Fund
Quant BFSI Fund Direct Growth is an equity fund. This fund was started on 21 June, 2023. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant BFSI Fund Direct Growth has ₹450 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Fund Performance
1507 people have invested ₹ 4.9Cr in Quant BFSI Fund Direct Growth in the last three months
Overview
 | 0.72% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹450 Cr |
 | 21 June, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Quant BFSI Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
33.6%
Large cap
28.7%
Mid cap
15.8%
Sector Allocation
Financial Services
87.3%
Energy
12.7%
Top Holdings of Quant BFSI Fund Direct Growth as on (30-Apr-24)
Equity Holdings13
Debt Holdings2
Gainers & Losers Returns for the month of Mar
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -3.80% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 3.33% in Mar'24
AUM Change
- AUM of the fund stands at 432.5 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Ankit A. Pande
Fund Manager of Quant BFSI Fund Direct Growth, since 21 June 2023
Top funds managed
Sanjeev Sharma
Fund Manager of Quant BFSI Fund Direct Growth, since 21 June 2023
Top funds managed
Quant BFSI Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 66.11% since inception (21nd Jun 2023)
Fund Allocations
This fund has an allocation of 97.58% in Equity, 0% in Debt and 2.42% in Cash related instruments
AUM size ₹450 Cr
This fund has AUM of ₹450 Cr which is less than its category average of ₹ 1553 Cr
Expense Ratio 0.72%
This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.41%
Frequently Asked Questions
The current NAV of Quant BFSI Fund Direct Growth is ₹16.63 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Quant BFSI Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.92% | 4.92% |
6 Month Returns | 43.24% | 43.24% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.72% as on April 2024
₹450 Cr as on April 2024
Jio Financial Services Ltd(9.92%), Reliance Industries Ltd(9.9%), Life Insurance Corporation of India(8.2%), Central Depository Services (India) Ltd(8.18%), CARE Ratings Ltd(7.49%) as on April 2024
The alpha ratio for the Quant BFSI Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant BFSI Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Quant BFSI Fund Direct Growth is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Quant BFSI Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant BFSI Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Quant BFSI Fund Direct Growth is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Quant BFSI Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant BFSI Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Quant BFSI Fund Direct Growth is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Quant BFSI Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant BFSI Fund Direct Growth | - | - | - |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Ankit A. Pande, Sanjeev Sharma are the fund managers of Quant BFSI Fund Direct Growth
The Exit load of Quant BFSI Fund Direct Growth is 1%