Quant Gilt Fund Direct Growth

Debt
Direct
Government Bond
Quant Gilt Fund Direct Growth

About the Fund

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.

Key Parameters

  1. Quant Gilt Fund Direct Growth has ₹93 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Quant Gilt Fund Direct Growth has given a CAGR return of 7.63% since inception. Over the last 1 year the fund has given a CAGR return of 7.30%.

Holdings

Quant Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 07.68 KA Sgs 2034, 7.26% Govt Stock 2033, 7.72% Govt Stock 2028, 364 DTB 08052025, 07.46 MH Sdl 2033

Taxation

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.

Investment objective of Quant Gilt Fund Direct Growth

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 and lockin period

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.

Fund Performance
zero opening, trading, fund transfer fee
60 people have invested ₹ 28.5L in Quant Gilt Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.51%
Benchmark
ICICI Securities Mibex TR INR
AUM₹93 Cr
Inception Date22 December, 2022
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Government
90.3%
Cash Equivalent
9.7%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
07.68 KA Sgs 2034
07.68 KA Sgs 2034
11.01%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
10.87%
0%
7.72% Govt Stock 2028
7.72% Govt Stock 2028
10.76%
0%
364 DTB 08052025
364 DTB 08052025
10.14%
0%
07.46 MH Sdl 2033
07.46 MH Sdl 2033
8.25%
0%

Sanjeev Sharma
Sanjeev Sharma
Fund Manager of Quant Gilt Fund Direct Growth, since 22 December 2022

Quant Gilt Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.63% since inception which is more than its category average return of 6.78%
AUM size ₹93 Cr

AUM size ₹93 Cr

This fund has AUM of ₹93 Cr which is less than its category average of ₹ 1491 Cr
Expense Ratio 0.51%

Expense Ratio 0.51%

This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 0.87%

Frequently Asked Questions

The current NAV of Quant Gilt Fund Direct Growth is ₹11.24 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
Quant Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.67%
0.67%
6 Month Returns
4.35%
4.35%
1 Year Returns
7.3%
7.3%
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.
0.51% as on June 2024
₹93 Cr as on June 2024
07.68 KA Sgs 2034(11.01%), 7.26% Govt Stock 2033(10.87%), 7.72% Govt Stock 2028(10.76%), 364 DTB 08052025(10.14%), 07.46 MH Sdl 2033(8.25%) as on June 2024
Yield to Maturity is 7.18 as on June 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.96 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Sanjeev Sharma is the fund manager of Quant Gilt Fund Direct Growth
The Exit load of Quant Gilt Fund Direct Growth is 0%