Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl

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Equity
Direct
Sector - Technology
NAV: ₹ 12.8 as on 11-06-2024

About the Fund

Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 12 September, 2023. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹350 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 25.99% since inception.

Holdings

Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Tech, Communication, Government, Energy, Industrial, Financial Services. Its top holdings are Reliance Industries Ltd, HFCL Ltd, Sun TV Network Ltd, Oracle Financial Services Software Ltd, Just Dial Ltd

Taxation

As it is a sector - technology 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 Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl

The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related instruments of technology-centric companies. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 12K in Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.78%
Benchmark
Benchmark
S&P BSE IT
AUM
AUM
₹350 Cr
Inception Date
Inception Date
12 September, 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 Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 93.2%

  • Debt & Cash 6.9%

Size breakup

Small cap
33.8%
Large cap
19.9%
Mid cap
17.5%
Sector Allocation

Apr'24

Mar'24

Feb'24

Tech
45.3%
Communication
23.8%
Industrial
17.9%
Energy
13%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
2.16%
-3.67%
3.58%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 2.16% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund underperformed Nifty 500 by 0.31% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 330.2 Cr
₹ 330.2 Cr
₹ 327.5 Cr
  • AUM of the fund stands at 330.2 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-May-24)

  • Equity

  • Debt & Cash

Equity Holdings13
Debt Holdings1

Gainers & Losers Returns for the month of Apr

Fund Manager

Ankit A. Pande
Ankit A. Pande
Fund Manager of Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 12 September 2023
Sanjeev Sharma
Sanjeev Sharma
Fund Manager of Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 12 September 2023

Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 25.99% since inception (12nd Sep 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 93.15% in Equity, 0% in Debt and 6.85% in Cash related instruments
AUM size ₹350 Cr

AUM size ₹350 Cr

This fund has AUM of ₹350 Cr which is less than its category average of ₹ 2953 Cr
Expense Ratio 0.78%

Expense Ratio 0.78%

This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.25%

Frequently Asked Questions

The current NAV of Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹12.8 as on 11-Jun-2024.
Existing (Absolute + CAGR) as on 11-Jun-2024.
Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.72%
6.72%
6 Month Returns
21.93%
21.93%
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.
0.78% as on May 2024
₹350 Cr as on May 2024
Reliance Industries Ltd(9.38%), HFCL Ltd(9.24%), Sun TV Network Ltd(8.76%), Oracle Financial Services Software Ltd(8.69%), Just Dial Ltd(7.86%) as on May 2024
Tech(47.9%), Communication(27.67%), Energy(12.28%) as on May 2024
The alpha ratio for the Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The alpha for Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated against S&P BSE IT. 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 Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The Beta for Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with S&P BSE IT. 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 Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The sharpe ratio for Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with S&P BSE IT. 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 Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on May 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.
Ankit A. Pande, Sanjeev Sharma are the fund managers of Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Quant Teck Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%