Quantum Equity FoF Fund Direct Growth
About the Fund
Quantum Equity FoF Fund Direct Growth is a hybrid fund. This fund was started on 20 July, 2009. The fund is managed by Chirag Mehta. This fund gives you the benefit of diversification.
Key Parameters
- Quantum Equity FoF Fund Direct Growth has ₹127 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Quantum Equity FoF Fund Direct Growth has given a CAGR return of 15.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.13%, 17.72% and 19.25% respectively.
Holdings
Quantum Equity FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Basic Materials, Tech, Communication, Energy, Consumer Defensive, Utilities, Real Estate, Government, Corporate.
Taxation
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Quantum Equity FoF Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation by investing in a portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI. There can be no assurance of positive returns from following the stated investment strategy.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Quantum Equity FoF Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.51% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹127 Cr |
| Inception Date | 20 July, 2009 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 12.84% |
| Risk |   Very High Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 SBI Magnum Midcap Dir Gr | 13.08% | 0% | |
ICICI Pru Focused Equity Dir Gr | 12.54% | 0% | |
Invesco India Contra Dir Gr | 12.5% | 0% | |
360 ONE Focused Equity Dir Gr | 12.47% | 0% | |
Sundaram large and Mid Cap Dir Gr | 12.4% | 0% |
Mutual Fund Insights
Quantum Equity FoF Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹127 Cr
Expense Ratio 0.51%
Frequently Asked Questions
Quantum Equity FoF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.93% | 2.93% |
6 Month Returns | 20.76% | 20.76% |
1 Year Returns | 36.13% | 36.13% |
3 Years Returns | 63.15% | 17.72% |
5 Years Returns | 141.15% | 19.25% |
- 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.