Quant Mid Cap Fund Direct Growth

Quant Mid Cap Fund Direct Growth

Equity

Direct

Mid-Cap

NAV as on 04-10-2024

₹ 268.03

-0.8%

1D

Inception Returns

20.3%

/yr

About the Fund

Quant Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sanjeev Sharma, Ankit A. Pande. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Quant Mid Cap Fund Direct Growth has ₹9367 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Quant Mid Cap Fund Direct Growth has given a CAGR return of 20.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.23%, 30.22% and 39.07% respectively.

Holdings

Quant Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Health, Energy, Consumer Defensive, Financial Services, Tech, Consumer Cyclical, Communication, Utilities. Its top holdings are Aurobindo Pharma Ltd, Reliance Industries Ltd, Container Corporation of India Ltd, IRB Infrastructure Developers Ltd, Steel Authority Of India Ltd

Taxation

As it is a mid-cap 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 Mid Cap Fund Direct Growth

The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of Mid Cap companies.There is 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 Mid Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
84434 people have invested ₹ 74.4Cr in Quant Mid Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
1
/19
88% Performance
57% Risk Management
80% Cost
1 out of 19 among mid-cap
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Generated Consistent Returns
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Consistently beats benchmark
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Lower probablity of downside risk
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No bad points found for this fund.

Fund Overview

Expense ratio0.58%
Benchmark
S&P BSE Midcap TR INR
AUM₹9367 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
104.76%
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 (04-Oct-24)

Period
Quant Mid Cap Fund Direct Growth
Nifty Midcap 150
mid-cap
1M
-1.2%
0.2%
-0.7%
3M
-3.2%
1.7%
3.1%
6M
10.5%
17.5%
20.6%
1Y
49.2%
44.1%
48%
3Y
30.2%
23.6%
22.9%
5Y
39.1%
30.4%
28.8%

Fund Distribution

as on (31-Aug-24)

  • Equity 86.6%

  • Debt & Cash 13.4%

Mid cap
55%

Large cap
17.9%

Small cap
8.3%

Sector Allocation

Aug'24

Jul'24

Jun'24

Industrial
24%
Basic Materials
18.9%
Health
16.2%
Energy
12.6%
Consumer Defensive
7.2%
Financial Services
6.8%
Tech
4.9%
Consumer Cyclical
4.1%
Communication
3.2%
Utilities
2.1%
All changes are between Jun'24 and Aug'24
Aug'24
Jul'24
Jun'24
Fund Returns
-2.23%
2.66%
4.12%
Nifty Midcap 150
1.01%
3.95%
4.74%
  • This fund’s returns stands at -2.23% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 1.01% as on Aug'24
  • This fund underperformed Nifty Midcap 150 by 3.23% in Aug'24
Parameters
Aug'24
Jul'24
Jun'24
AUM
₹ 9.4K Cr
₹ 9.3K Cr
₹ 8.7K Cr
  • AUM of the fund stands at 9.4K Cr as of Aug'24
  • AUM increased by 84.5 Cr between Aug'24 and Jul'24
Top Stocks bought last month
IRB Infrastructure Developers Ltd's allocation increased from 5.26% to 8.35%
IRB Infrastructure Developers Ltd's allocation increased from 5.26% to 8.35%
Life Insurance Corporation of India's allocation increased from 0.46% to 1.12%
Life Insurance Corporation of India's allocation increased from 0.46% to 1.12%
Lloyds Metals & Energy Ltd's allocation increased from 2.74% to 2.88%
Lloyds Metals & Energy Ltd's allocation increased from 2.74% to 2.88%
Top Stocks sold last month
Container Corporation of India Ltd's allocation decreased from 9.17 % to 8.43 %
Container Corporation of India Ltd's allocation decreased from 9.17 % to 8.43 %
Steel Authority Of India Ltd's allocation decreased from 8.78 % to 7.96 %
Steel Authority Of India Ltd's allocation decreased from 8.78 % to 7.96 %
Marico Ltd's allocation decreased from 5.81 % to 5.53 %
Marico Ltd's allocation decreased from 5.81 % to 5.53 %
Small Cap allocation has gone up from 0% to 8.3%
Small Cap allocation has gone up from 0% to 8.3%
Mid Cap allocation has gone down from 65.5% to 55%
Mid Cap allocation has gone down from 65.5% to 55%
Large Cap allocation has gone down from 28.2% to 17.9%
Large Cap allocation has gone down from 28.2% to 17.9%
Cash allocation has gone up from 12% to 13.4%
Cash allocation has gone up from 12% to 13.4%

Top 3 Sectors in August were Industrial, Basic Materials & Health

Aug'24
Industrial
24%
Basic Materials
19%
Health
16%
Jul'24
Industrial
25%
Basic Materials
20%
Health
16%
Fund
Aug'24
Jul'24
No of Holdings
29
29
Top 5 Company Concentration
44.4%
46.2%
Company having highest exposure
Aurobindo Pharma Ltd (10%)
Aurobindo Pharma Ltd (9.9%)
No of Sectors
10
10
Top 5 Sectors Concentration
78.9%
81.3%
Sector having highest exposure
Industrial (24%)
Industrial (25.4%)
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Sanjeev Sharma
Sanjeev Sharma
Fund Manager of Quant Mid Cap Fund Direct Growth, since 1 February 2017
Ankit A. Pande
Ankit A. Pande
Fund Manager of Quant Mid Cap Fund Direct Growth, since 11 May 2020
Fund House
Quant Money Managers Limited
Total Schemes
Total AUM
₹96.63K Cr
as on 31-Aug-2024
Address
6th Floor, Sea Breeze Building,Appasaheb Marathe Marg, Prabhadevi
Phone
022-62955000
Website
help.investor@quant.in

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has decreased expense ratio by 23.7% moving from 0.76 to 0.58.
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In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 37.14% return, outperforming this fund by 6.92% per annum.
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In the last 1 year, Motilal Oswal Midcap Direct Growth has given 72.56% return, outperforming this fund by 23.33%.
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Over the last 6 months, this fund has experienced a 72.8% growth in AUM moving from 5.42K Cr to 9.36K Cr.
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This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.58% which is lower than the category average expense ratio of 1.13%.

Quant Mid Cap 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 20.29% since inception which is more than its category average return of 20.17%
Fund Allocations

Fund Allocations

This fund has an allocation of 86.59% in Equity, 0% in Debt and 13.41% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 9476 Cr
Expense Ratio 0.58%

Expense Ratio 0.58%

This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of Quant Mid Cap Fund Direct Growth is ₹268.03 as on 04-Oct-2024.
Existing (Absolute + CAGR) as on 04-Oct-2024.
Quant Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.24%
-1.24%
6 Month Returns
10.54%
10.54%
1 Year Returns
49.23%
49.23%
3 Years Returns
120.84%
30.22%
5 Years Returns
420.25%
39.07%
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.
0.58% as on September 2024
₹9367 Cr as on September 2024
Aurobindo Pharma Ltd(10%), Reliance Industries Ltd(9.63%), Container Corporation of India Ltd(8.43%), IRB Infrastructure Developers Ltd(8.35%), Steel Authority Of India Ltd(7.96%) as on September 2024
Industrial(20.8%), Basic Materials(16.41%), Health(14.04%) as on September 2024
The alpha ratio for the Quant Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Quant Mid Cap Fund Direct Growth
7.42
6.41
10.04
As on September 2024
The alpha for Quant Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap TR INR. 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Quant Mid Cap Fund Direct Growth
0.83
0.91
0.81
As on September 2024
The Beta for Quant Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Quant Mid Cap Fund Direct Growth
2.54
1.48
1.5
As on September 2024
The sharpe ratio for Quant Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Quant Mid Cap Fund Direct Growth
14.02
15.84
20.1
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.
Sortino ratio is 3.12 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.69 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sanjeev Sharma, Ankit A. Pande are the fund managers of Quant Mid Cap Fund Direct Growth
The Exit load of Quant Mid Cap Fund Direct Growth is 0.5%