Quant Healthcare Fund Direct Growth
Equity
Direct
Sector - Healthcare
NAV: ₹ 14.03 as on 02-05-2024
About the Fund
Quant Healthcare Fund Direct Growth is an equity fund. This fund was started on 18 July, 2023. The fund is managed by Sanjeev Sharma, Ankit A. Pande. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Healthcare Fund Direct Growth has ₹265 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
1179 people have invested ₹ 2Cr in Quant Healthcare Fund Direct Growth in the last three months
Overview
 | 0.73% |
 Benchmark | S&P BSE Healthcare PR |
 | ₹265 Cr |
 | 18 July, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Quant Healthcare Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
62.3%
Large cap
18.5%
Mid cap
12.6%
Sector Allocation
Health
80.2%
Energy
10.7%
Financial Services
9.1%
Top Holdings of Quant Healthcare Fund Direct Growth as on (30-Apr-24)
Equity Holdings19
Debt Holdings1
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Jubilant Pharmova Ltd | 14.4% |
 SMS Pharmaceuticals Ltd | 9.1% |
 Poly Medicure Ltd | 5.1% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -2.45% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 1.99% in Mar'24
AUM Change
- AUM of the fund stands at 264.3 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Sanjeev Sharma
Fund Manager of Quant Healthcare Fund Direct Growth, since 18 July 2023
Top funds managed
Ankit A. Pande
Fund Manager of Quant Healthcare Fund Direct Growth, since 18 July 2023
Top funds managed
Quant Healthcare 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 40.2% since inception (18nd Jul 2023)
Fund Allocations
This fund has an allocation of 99.53% in Equity, 0% in Debt and 0.47% in Cash related instruments
AUM size ₹265 Cr
This fund has AUM of ₹265 Cr which is less than its category average of ₹ 1652 Cr
Expense Ratio 0.73%
This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.45%
Frequently Asked Questions
The current NAV of Quant Healthcare Fund Direct Growth is ₹14.03 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Quant Healthcare Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.9% | 2.9% |
6 Month Returns | 34.19% | 34.19% |
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.
0.73% as on April 2024
₹265 Cr as on April 2024
Reliance Industries Ltd(10.04%), Aurobindo Pharma Ltd(9.2%), Poly Medicure Ltd(8.94%), Life Insurance Corporation of India(8.49%), Kovai Medical Center & Hospital Ltd(5.57%) as on April 2024
Health(79.79%), Energy(10.7%), Financial Services(9.04%) as on April 2024
The alpha ratio for the Quant Healthcare Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Healthcare Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Quant Healthcare Fund Direct Growth is calculated against S&P BSE Healthcare PR. 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 Healthcare Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Healthcare Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Quant Healthcare Fund Direct Growth is calculated with S&P BSE Healthcare PR. 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 Healthcare Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Healthcare Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Quant Healthcare Fund Direct Growth is calculated with S&P BSE Healthcare PR. 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 Healthcare Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Healthcare 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.
Sanjeev Sharma, Ankit A. Pande are the fund managers of Quant Healthcare Fund Direct Growth
The Exit load of Quant Healthcare Fund Direct Growth is 1%