Debt
Direct
Government Bond
NAV as on 11-12-2024
₹ 11.63
Inception Returns
7.9%
/yr
Quant Gilt Fund Direct Growth is a debt fund. This fund was started on 22 December, 2022. The fund is managed by Sanjeev Sharma. This fund is suitable to keep your money safe.
Quant Gilt Fund Direct Growth has given a CAGR return of 7.92% since inception. Over the last 1 year the fund has given a CAGR return of 9.10%.
Quant Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 07.68 KA Sdl 2034, 7.26% Govt Stock 2033, 7.3% Govt Stock 2028, 6.79% Govt Stock 2034
As it is a government bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To generate returns through investments in sovereign securities issued by the Central Government and/or State Government. However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Quant Gilt Fund Direct Growth has no lock in period.
Expense ratio | 0.51% |
Benchmark | ICICI Securities Mibex TR INR |
AUM | ₹130 Cr |
Inception Date | 22 December, 2022 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 30.15% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (11-Dec-24)
as on (31-Dec-69)
Top Sector in October was Government
Quant Gilt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 4.46% | 4.46% |
1 Year Returns | 9.1% | 9.1% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |