Quantum Nifty 50 ETF Fund of Fund Direct Growth

Hybrid
Direct
Fund Of Funds
Quantum Nifty 50 ETF Fund of Fund Direct Growth

About the Fund

Quantum Nifty 50 ETF Fund of Fund Direct Growth is a hybrid fund. This fund was started on 5 August, 2022. The fund is managed by . This fund gives you the benefit of diversification.

Key Parameters

  1. Quantum Nifty 50 ETF Fund of Fund Direct Growth has ₹19 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Quantum Nifty 50 ETF Fund of Fund Direct Growth has given a CAGR return of 18.38% since inception. Over the last 1 year the fund has given a CAGR return of 26.50%.

Holdings

Quantum Nifty 50 ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Tech, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Health, Communication, Utilities.

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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Quantum Nifty 50 ETF Fund of Fund Direct Growth

The investment objective of the Scheme is to provide capital appreciation by investing in units of Quantum Nifty 50 ETF - Replicating / Tracking Nifty 50 Index. There is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Quantum Nifty 50 ETF Fund of Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
497 people have invested ₹ 7L in Quantum Nifty 50 ETF Fund of Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.06%
Benchmark
IISL Nifty 50 TR INR
AUM₹19 Cr
Inception Date5 August, 2022
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
1.56%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 100%

Large cap
99.2%

Mid cap
0.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
34.3%
Energy
13.5%
Tech
12.3%
Consumer Cyclical
9.3%
Consumer Defensive
8%
Basic Materials
6.5%
Industrial
5.2%
Health
4.2%
Communication
3.5%
Utilities
3.1%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Equity

Holdings
Weight%
1M Change
Quantum Nifty 50 ETF
Quantum Nifty 50 ETF
100.16%
5.3%

Quantum Nifty 50 ETF Fund of 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 an average annual returns of 18.38% since inception which is more than its category average return of 12.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.17% in Equity, 0% in Debt and -0.17% in Cash related instruments
AUM size ₹19 Cr

AUM size ₹19 Cr

This fund has AUM of ₹19 Cr which is less than its category average of ₹ 665 Cr
Expense Ratio 0.06%

Expense Ratio 0.06%

This fund has an expense ratio of 0.06% which is less than its category average expense ratio of 0.79%

Frequently Asked Questions

The current NAV of Quantum Nifty 50 ETF Fund of Fund Direct Growth is ₹13.72 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
Quantum Nifty 50 ETF Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.95%
4.95%
6 Month Returns
10.24%
10.24%
1 Year Returns
26.5%
26.5%
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.
0.06% as on May 2024
₹19 Cr as on May 2024
Financial Services(34.34%), Energy(13.52%), Tech(12.34%) as on May 2024
The Exit load of Quantum Nifty 50 ETF Fund of Fund Direct Growth is 0%