Quant Business Cycle Fund Direct Growth

Quant Business Cycle Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 29-10-2024

₹ 17.97

0.8%

1D

Inception Returns

50.6%

/yr

About Quant Business Cycle Fund Direct Growth

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

  1. Quant Business Cycle Fund Direct Growth has ₹1649 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

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%.

Holdings

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

Taxation

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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Quant Business Cycle Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
2202 people have invested ₹ 3.6Cr in Quant Business Cycle Fund Direct Growth in the last three months

Quant Business Cycle Fund Direct Growth Overview

Expense ratio0.57%
Benchmark
NSE 500 TRI Index
AUM₹1649 Cr
Inception Date31 May, 2023
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
122.54%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Oct-24)

Period
Quant Business Cycle Fund Direct Growth
Nifty 500
equity - other
1M
-9.9%
-6.2%
-
3M
-4.7%
-2.9%
-
6M
8.5%
8.3%
-
1Y
48%
35.2%
-

Fund Distribution

as on (30-Sep-24)

  • Equity 98.5%

  • Debt & Cash 1.5%

Large cap
55.8%

Small cap
34.9%

Mid cap
7.8%

Sector Allocation

Sep'24

Aug'24

Jul'24

Health
18.6%
Consumer Cyclical
17%
Financial Services
16.9%
Consumer Defensive
15.6%
Energy
10.5%
Tech
10.1%
Industrial
6.7%
Communication
4.5%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
1.37%
2.01%
8.19%
Nifty 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 1.37% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
  • This fund underperformed Nifty 500 by 0.66% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 1.6K Cr
₹ 1.6K Cr
₹ 1.5K Cr
  • AUM of the fund stands at 1.6K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Jio Financial Services Ltd's allocation increased from 5.03% to 6.51%
Jio Financial Services Ltd's allocation increased from 5.03% to 6.51%
S.P. Apparels Ltd's allocation increased from 4.66% to 5.01%
S.P. Apparels Ltd's allocation increased from 4.66% to 5.01%
Samvardhana Motherson International Ltd's allocation increased from 6.77% to 7.05%
Samvardhana Motherson International Ltd's allocation increased from 6.77% to 7.05%
Top Stocks sold last month
ITC Ltd's allocation decreased from 9.16 % to 9.1 %
ITC Ltd's allocation decreased from 9.16 % to 9.1 %
HFCL Ltd's allocation decreased from 9.35 % to 8.92 %
HFCL Ltd's allocation decreased from 9.35 % to 8.92 %
Aurobindo Pharma Ltd's allocation decreased from 5.35 % to 4.79 %
Aurobindo Pharma Ltd's allocation decreased from 5.35 % to 4.79 %
Mid Cap allocation has gone down from 20.8% to 7.8%
Mid Cap allocation has gone down from 20.8% to 7.8%
Large Cap allocation has gone up from 45.7% to 55.8%
Large Cap allocation has gone up from 45.7% to 55.8%
Small Cap allocation has gone up from 30% to 34.9%
Small Cap allocation has gone up from 30% to 34.9%
Cash allocation has gone down from 3.6% to 1.5%
Cash allocation has gone down from 3.6% to 1.5%

Top 3 Sectors in September were Health, Consumer Defensive & Consumer Cyclical

Sep'24
Health
19%
Consumer Cyclical
17%
Financial Services
17%
Aug'24
Health
23%
Consumer Defensive
23%
Consumer Cyclical
17%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
32
33
33
Top 5 Company Concentration
40.9%
35.7%
34.6%
Company having highest exposure
Reliance Industries Ltd (9.3%)
HFCL Ltd (9.3%)
ITC Ltd (9.5%)
No of Sectors
8
7
10
Top 5 Sectors Concentration
78.7%
92.3%
105.3%
Sector having highest exposure
Health (18.6%)
Health (23.4%)
Government (34.1%)
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Ankit A. Pande
Ankit A. Pande
Fund Manager of Quant Business Cycle Fund Direct Growth, since 31 May 2023
Sanjeev Sharma
Sanjeev Sharma
Fund Manager of Quant Business Cycle Fund Direct Growth, since 31 May 2023
Fund House
Quant Money Managers Limited
Total Schemes
Total AUM
₹98.84K Cr
as on 30-Sep-2024
Address
6th Floor, Sea Breeze Building,Appasaheb Marathe Marg, Prabhadevi
Phone
022-62955000
Website
help.investor@quant.in

Quant Business Cycle Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 50.6% since inception which is more than its category average return of 18.9%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.5% in Equity, 0% in Debt and 1.5% in Cash related instruments
AUM size ₹1649 Cr

AUM size ₹1649 Cr

This fund has AUM of ₹1649 Cr which is less than its category average of ₹ 2459 Cr
Expense Ratio 0.57%

Expense Ratio 0.57%

This fund has an expense ratio of 0.57% which is less than its category average expense ratio of 1.25%

Frequently Asked Questions for Quant Business Cycle Fund Direct Growth

The current NAV of Quant Business Cycle Fund Direct Growth is ₹17.97 as on 29-Oct-2024.
Existing (Absolute + CAGR) as on 29-Oct-2024.
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%
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.
0.57% as on September 2024
₹1649 Cr as on September 2024
Reliance Industries Ltd(9.27%), ITC Ltd(9.1%), HFCL Ltd(8.92%), Samvardhana Motherson International Ltd(7.05%), Jio Financial Services Ltd(6.51%) as on September 2024
Health(18.3%), Consumer Cyclical(16.79%), Financial Services(16.65%) as on September 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 September 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 September 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
2.99
-
-
As on September 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
14.2
-
-
As on September 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%