Quant Momentum Fund Direct Growth

Quant Momentum Fund Direct Growth

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Equity
Direct
Equity - Other
NAV: ₹ 14.85 as on 22-05-2024

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

  1. Quant Momentum Fund Direct Growth has ₹1655 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.
Fund Performance
zero opening, trading, fund transfer fee
6323 people have invested ₹ 13.9Cr in Quant Momentum Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.74%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹1655 Cr
Inception Date
Inception Date
21 November, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Quant Momentum Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 85%

  • Debt & Cash 15%

Size breakup

Large cap
46.7%
Mid cap
20.3%
Small cap
18%
Sector Allocation

Apr'24

Mar'24

Feb'24

Industrial
37.5%
Energy
16%
Financial Services
14%
Consumer Cyclical
11.9%
Utilities
7.2%
Real Estate
3.2%
Basic Materials
2.9%
Tech
2.7%
Health
2.1%
Communication
1.6%
Consumer Defensive
1%

Top Holdings of Quant Momentum Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings28
Debt Holdings2

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
7.89%
1.53%
4.72%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 7.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 5.43% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 1.4K Cr
₹ 1.1K Cr
₹ 1.1K Cr
  • AUM of the fund stands at 1.4K Cr as of Apr'24
  • AUM increased by 252 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

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 47.77% since inception (21nd Nov 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 84.99% in Equity, 0% in Debt and 15.01% in Cash related instruments
AUM size ₹1655 Cr

AUM size ₹1655 Cr

This fund has AUM of ₹1655 Cr which is less than its category average of ₹ 1861 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 1.3%

Frequently Asked Questions

The current NAV of Quant Momentum Fund Direct Growth is ₹14.85 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
Quant Momentum Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.66%
5.66%
6 Month Returns
47.77%
47.77%
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 April 2024
₹1655 Cr as on April 2024
Reliance Industries Ltd(9.27%), Bharat Electronics Ltd(6.62%), Jana Small Finance Bank Ltd(4.61%), Juniper Hotels Ltd(4.24%), Exicom Tele-Systems Ltd(3.38%) as on April 2024
Industrial(31.86%), Energy(13.59%), Financial Services(11.88%) 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%