Quant BFSI Fund Direct Growth
Equity
Direct
Sector - Financial Services
NAV: ₹ 11.8 as on 20-09-2023
Fund Performance
770 people have invested ₹ 77.2L in Quant BFSI Fund Direct Growth in the last three months
Fund Insights
This fund expense ratio is slightly on the lower side within the category (sector - financial services). Its expense ratio is 0.77% which is lower than the category average expense ratio of 1.02%.
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 ₹150 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.8.
Quant BFSI Fund Direct Growth Overview
 | 0.77% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹150 Cr |
 | 21 June, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Fund Distribution as on (31-Dec-69)
Size breakup
Small cap
33.4%
Large cap
27%
Mid cap
12.2%
Sector Allocation
Financial Services
93.7%
Energy
6.3%
Top Holdings of Quant BFSI Fund Direct Growth as on (31-Aug-23)
Equity Holdings14
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 BSE Ltd | 10.76% | 0% | |
 Jio Financial Services Ltd | 9.67% | 0% | |
 CRISIL Ltd | 8.21% | 0% | |
 Fino Payments Bank Ltd | 6.65% | 0% | |
 Anand Rathi Wealth Ltd | 5.23% | 0% |
See all
Gainers & Losers in Quant BFSI Fund Direct Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Jammu and Kashmir Bank Ltd | 29.2% |
 BSE Ltd | 26.2% |
 Anand Rathi Wealth Ltd | 13.6% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Kotak Mahindra Bank Ltd | -4.9% |
 Reliance Industries Ltd | -4.2% |
Peer Analysis
Quant BFSI Fund Direct Growth 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
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 19.22% since inception (21nd Jun 2023)
Fund Allocations
This fund has an allocation of 90.36% in Equity, 0% in Debt and 9.64% in Cash related instruments
AUM size ₹150 Cr
This fund has AUM of ₹150 Cr which is less than its category average of ₹ 1453 Cr
Expense Ratio 0.77%
This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Quant BFSI Fund Direct Growth is ₹11.82 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Quant BFSI Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.02% | 6.02% |
6 Month Returns | 0% | 0% |
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.
0.77% as on August 2023
₹150 Cr as on August 2023
BSE Ltd(10.76%), Jio Financial Services Ltd(9.67%), CRISIL Ltd(8.21%), Fino Payments Bank Ltd(6.65%), Anand Rathi Wealth Ltd(5.23%) as on August 2023
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 August 2023
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 August 2023
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 August 2023
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 August 2023
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%