Quant Momentum Fund Direct Growth

Equity
Direct
Equity - Other
Quant Momentum Fund Direct Growth

About the Fund

Quant Momentum Fund Direct Growth is an equity fund. This fund was started on 21 November, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Quant Momentum Fund Direct Growth has ₹2126 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Quant Momentum Fund Direct Growth has given a CAGR return of 59.88% since inception.

Holdings

Quant Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Energy, Basic Materials, Utilities, Consumer Defensive, Government, Health, Communication, Tech. Its top holdings are Reliance Industries Ltd, HDFC Bank Ltd, Container Corporation of India Ltd, Tata Power Co Ltd, Indian Railway Catering And Tourism Corp 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 Momentum Fund Direct Growth

The primary investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. 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 Momentum Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
7801 people have invested ₹ 18.6Cr in Quant Momentum Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.74%
Benchmark
IISL Nifty 500 TR INR
AUM₹2126 Cr
Inception Date21 November, 2023
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 86.2%

  • Debt & Cash 13.8%

Large cap
41.9%
Mid cap
22.1%
Small cap
13%
Sector Allocation

Jun'24

May'24

Apr'24

Industrial
20.9%
Financial Services
20.9%
Consumer Cyclical
15.1%
Energy
13.8%
Basic Materials
7.9%
Utilities
7.4%
Consumer Defensive
7.2%
Health
2.9%
Communication
2.7%
Tech
1.2%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Reliance Industries Ltd
Reliance Industries Ltd
10.68%
15.5%
HDFC Bank Ltd
HDFC Bank Ltd
10.39%
1734.3%
Container Corporation of India Ltd
Container Corporation of India Ltd
6.69%
53.7%
Tata Power Co Ltd
Tata Power Co Ltd
6.2%
0%
Indian Railway Catering And Tourism Corp Ltd
Indian Railway Catering And Tourism Corp Ltd
5.13%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Quant Momentum Fund Direct Growth
Quant Momentum Fund Direct Growth
-
-
-
59.9%
Aditya Birla Sun Life PSU Equity Fund Direct Growth
Aditya Birla Sun Life PSU Equity Fund Direct Growth
87.1%
43%
-
34.6%
Invesco India PSU Equity Fund Direct Plan Growth
Invesco India PSU Equity Fund Direct Plan Growth
86.8%
41.2%
33.3%
19.3%
Nippon India Power & Infra Fund - Direct Plan - Growth
Nippon India Power & Infra Fund - Direct Plan - Growth
73%
38.7%
31.8%
17.8%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Samvardhana Motherson International Ltd
2.4%

Quant Momentum 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 returns of 59.88% since inception (21nd Nov 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 86.25% in Equity, 0% in Debt and 13.75% in Cash related instruments
AUM size ₹2126 Cr

AUM size ₹2126 Cr

This fund has AUM of ₹2126 Cr which is less than its category average of ₹ 2178 Cr
Expense Ratio 0.74%

Expense Ratio 0.74%

This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of Quant Momentum Fund Direct Growth is ₹16.02 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Quant Momentum Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.55%
3.55%
6 Month Returns
31.58%
31.58%
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.
0.74% as on June 2024
₹2126 Cr as on June 2024
Reliance Industries Ltd(10.68%), HDFC Bank Ltd(10.39%), Container Corporation of India Ltd(6.69%), Tata Power Co Ltd(6.2%), Indian Railway Catering And Tourism Corp Ltd(5.13%) as on June 2024
Industrial(18.03%), Financial Services(18.02%), Consumer Cyclical(13.05%) as on June 2024
The alpha ratio for the Quant Momentum Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Quant Momentum Fund Direct Growth
-
-
-
As on June 2024
The alpha for Quant Momentum Fund Direct Growth is calculated against IISL Nifty 500 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 Momentum Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Quant Momentum Fund Direct Growth
-
-
-
As on June 2024
The Beta for Quant Momentum Fund Direct Growth is calculated with IISL Nifty 500 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 Momentum Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Quant Momentum Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for Quant Momentum Fund Direct Growth is calculated with IISL Nifty 500 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 Momentum Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Quant Momentum Fund Direct Growth
-
-
-
As on June 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.
The Exit load of Quant Momentum Fund Direct Growth is 1%