Quant Business Cycle Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 16.48 as on 02-05-2024
About the Fund
Quant Business Cycle Fund Direct Growth is an equity fund. This fund was started on 31 May, 2023. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Business Cycle Fund Direct Growth has ₹1111 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
1276 people have invested ₹ 1.8Cr in Quant Business Cycle Fund Direct Growth in the last three months
Overview
 | 0.72% |
 Benchmark | NSE 500 TRI Index |
 | ₹1111 Cr |
 | 31 May, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Quant Business Cycle Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
48.6%
Small cap
31.5%
Mid cap
9.6%
Sector Allocation
Financial Services
21.5%
Basic Materials
16.8%
Consumer Cyclical
11.4%
Energy
11.2%
Health
11%
Utilities
10%
Industrial
7.7%
Consumer Defensive
6.4%
Tech
4.1%
Top Holdings of Quant Business Cycle Fund Direct Growth as on (30-Apr-24)
Equity Holdings31
Debt Holdings1
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Himadri Speciality Chemical Ltd | 16.2% |
 Housing & Urban Development Corporation Ltd | 12.7% |
 Adani Power Ltd | 4.1% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -1.24% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 0.78% in Mar'24
AUM Change
- AUM of the fund stands at 1.1K 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 Business Cycle Fund Direct Growth, since 31 May 2023
Top funds managed
Sanjeev Sharma
Fund Manager of Quant Business Cycle Fund Direct Growth, since 31 May 2023
Top funds managed
Quant Business Cycle 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 64.6% since inception (31nd May 2023)
Fund Allocations
This fund has an allocation of 98.89% in Equity, 0% in Debt and 1.11% in Cash related instruments
AUM size ₹1111 Cr
This fund has AUM of ₹1111 Cr which is less than its category average of ₹ 1770 Cr
Expense Ratio 0.72%
This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Quant Business Cycle Fund Direct Growth is ₹16.48 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Quant Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.03% | 4.03% |
6 Month Returns | 35.7% | 35.7% |
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
₹1111 Cr as on April 2024
Reliance Industries Ltd(10.13%), Jio Financial Services Ltd(7.9%), Housing & Urban Development Corp Ltd(7.08%), Adani Power Ltd(6.6%), Britannia Industries Ltd(5.84%) as on April 2024
Financial Services(21.25%), Basic Materials(16.61%), Consumer Cyclical(11.25%) as on April 2024
The alpha ratio for the Quant Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Business Cycle Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Quant Business Cycle Fund Direct Growth is calculated against NSE 500 TRI Index. 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 Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Business Cycle Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Quant Business Cycle Fund Direct Growth is calculated with NSE 500 TRI Index. 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 Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Business Cycle Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Quant Business Cycle Fund Direct Growth is calculated with NSE 500 TRI Index. 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 Business Cycle Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Business Cycle 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 Business Cycle Fund Direct Growth
The Exit load of Quant Business Cycle Fund Direct Growth is 1%