Equity
Direct
Equity - Other
NAV as on 29-10-2024
₹ 17.97
▲0.8%
1D
Inception Returns
50.6%
/yr
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.
Quant Business Cycle Fund Direct Growth has given a CAGR return of 50.60% since inception. Over the last 1 year the fund has given a CAGR return of 47.97%.
Quant Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Consumer Cyclical, Financial Services, Consumer Defensive, Energy, Tech, Industrial, Communication. Its top holdings are Reliance Industries Ltd, ITC Ltd, HFCL Ltd, Samvardhana Motherson International Ltd, Jio Financial Services Ltd
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To generate long-term capital appreciation by investing with focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Quant Business Cycle Fund Direct Growth has no lock in period.
Expense ratio | 0.57% |
Benchmark | NSE 500 TRI Index |
AUM | ₹1649 Cr |
Inception Date | 31 May, 2023 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 122.54% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (29-Oct-24)
as on (30-Sep-24)
Top 3 Sectors in September were Health, Consumer Defensive & Consumer Cyclical
Quant Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.87% | -9.87% |
6 Month Returns | 8.52% | 8.52% |
1 Year Returns | 47.97% | 47.97% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Business Cycle Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Business Cycle Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Business Cycle Fund Direct Growth | 2.99 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Business Cycle Fund Direct Growth | 14.2 | - | - |