Quantum Nifty 50 ETF Fund of Fund Direct Growth
Hybrid
Direct
Fund Of Funds
NAV as on 06-12-2024
₹ 14.46
1D
Inception Returns
17.1%
/yr
About Quantum Nifty 50 ETF Fund of Fund Direct Growth
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
- Quantum Nifty 50 ETF Fund of Fund Direct Growth has ₹23 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Quantum Nifty 50 ETF Fund of Fund Direct Growth has given a CAGR return of 17.08% since inception. Over the last 1 year the fund has given a CAGR return of 19.44%.
Holdings
Quantum Nifty 50 ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Communication, Health, 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 benefitGains 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.
Historical NAV & Returns
Quantum Nifty 50 ETF Fund of Fund Direct Growth Overview
| Expense ratio | 0.06% |
Benchmark | IISL Nifty 50 TR INR |
| AUM | ₹23 Cr |
| Inception Date | 5 August, 2022 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 84.83% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (06-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 23.3 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Tech & Energy
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Quantum Nifty 50 ETF | 99.91% | 6.4% |
Quantum Nifty 50 ETF Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹23 Cr
Expense Ratio 0.06%
Frequently Asked Questions for Quantum Nifty 50 ETF Fund of Fund Direct Growth
Quantum Nifty 50 ETF Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.62% | 0.62% |
6 Month Returns | 8.27% | 8.27% |
1 Year Returns | 19.44% | 19.44% |
3 Years Returns | 0% | 0% |
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.