Quant Momentum Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 14.63 as on 02-05-2024
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
- Quant Momentum Fund Direct Growth has ₹1357 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Fund Performance
6220 people have invested ₹ 16.7Cr in Quant Momentum Fund Direct Growth in the last three months
Overview
 | 0.77% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹1357 Cr |
 | 21 November, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Quant Momentum Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
35.4%
Mid cap
23.8%
Small cap
12.5%
Sector Allocation
Industrial
25.4%
Financial Services
19%
Energy
12.6%
Consumer Cyclical
11%
Utilities
10.4%
Health
6.9%
Tech
5.8%
Communication
4.8%
Basic Materials
2.8%
Consumer Defensive
1.3%
Top Holdings of Quant Momentum Fund Direct Growth as on (30-Apr-24)
Equity Holdings36
Debt Holdings2
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Exicom Tele-Systems Ltd | 43.4% |
Jana Small Finance Bank Ltd | 41.5% |
 Bharat Electronics Ltd | 5.8% |
Peer Analysis
Quant Momentum 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 46.05% since inception (21nd Nov 2023)
Fund Allocations
This fund has an allocation of 93.46% in Equity, 0% in Debt and 6.54% in Cash related instruments
AUM size ₹1357 Cr
This fund has AUM of ₹1357 Cr which is less than its category average of ₹ 1770 Cr
Expense Ratio 0.77%
This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Quant Momentum Fund Direct Growth is ₹14.63 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Quant Momentum Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.61% | 5.61% |
6 Month Returns | 0% | 0% |
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.
0.77% as on April 2024
₹1357 Cr as on April 2024
Reliance Industries Ltd(9.72%), Exicom Tele-Systems Ltd(5.88%), Juniper Hotels Ltd(5.75%), Bharat Electronics Ltd(4.25%), Tata Steel Ltd(3.91%) as on April 2024
Industrial(26.5%), Consumer Cyclical(13.36%), Energy(11.52%) as on April 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 April 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 April 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 April 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 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.
The Exit load of Quant Momentum Fund Direct Growth is 1%