Quant Quantamental Fund Direct Growth
About the Fund
Quant Quantamental Fund Direct Growth is an equity fund. This fund was started on 3 May, 2021. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant Quantamental Fund Direct Growth has ₹2564 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Quant Quantamental Fund Direct Growth has given a CAGR return of 35.23% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 61.52% and 35.12% respectively.
Holdings
Quant Quantamental Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Defensive, Energy, Utilities, Government, Consumer Cyclical, Tech, Industrial, Health. Its top holdings are Reliance Industries Ltd, HDFC Bank Ltd, Jio Financial Services Ltd, Steel Authority Of India Ltd, Adani Power 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Quant Quantamental Fund Direct Growth
The investment objective of the Scheme is to deliver superior returns as compared to the underlying benchmark over the medium to long term through investing in equity and equity related securities. The portfolio of stocks will be selected, weighed and rebalanced using stock screeners, factor based scoring and an optimization formula. However, there can be 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 Quantamental Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 0.64% |
Benchmark | IISL Nifty 200 TR INR |
| AUM | ₹2564 Cr |
| Inception Date | 3 May, 2021 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 297.64% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Reliance Industries Ltd | 3.2% |
Samvardhana Motherson International Ltd | 2.4% |
Quant Quantamental Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2564 Cr
Expense Ratio 0.64%
Frequently Asked Questions
Quant Quantamental Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.72% | 2.72% |
6 Month Returns | 24.97% | 24.97% |
1 Year Returns | 61.52% | 61.52% |
3 Years Returns | 146.71% | 35.12% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Quantamental Fund Direct Growth | 21.04 | 14.53 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Quantamental Fund Direct Growth | 0.91 | 0.88 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Quantamental Fund Direct Growth | 3.26 | 1.66 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Quantamental Fund Direct Growth | 13.4 | 15.61 | - |