Quant Absolute Fund Growth Option Direct Plan
Hybrid
Direct
Aggressive Allocation
NAV: ₹ 440.98 as on 03-05-2024
About the Fund
Quant Absolute Fund Growth Option Direct Plan is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Ankit A. Pande, Sanjeev Sharma. This fund gives you the benefit of diversification.
Key Parameters
- Quant Absolute Fund Growth Option Direct Plan has ₹1869 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Fund Performance
5556 people have invested ₹ 5.7Cr in Quant Absolute Fund Growth Option Direct Plan in the last three months
Overview
 | 0.83% |
 Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
 | ₹1869 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 144.51% |
Quant Absolute Fund Growth Option Direct Plan Distribution as on (31-Mar-24)
Size breakup
Large cap
57.3%
Mid cap
8.2%
Sector Allocation
Financial Services
25.1%
Utilities
17.8%
Basic Materials
15.3%
Energy
15.1%
Tech
10.3%
Consumer Defensive
10.1%
Industrial
3.8%
Health
1.8%
Consumer Cyclical
0.7%
Top Holdings of Quant Absolute Fund Growth Option Direct Plan as on (30-Apr-24)
Equity Holdings21
Debt Holdings10
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.9K Cr as of Mar'24
- AUM increased by 81.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 35.6% growth in AUM moving from 1.37K Cr to 1.86K Cr.
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 49.11% return, outperforming this fund by 10.09%.
Over the last 1 year, this fund has increased expense ratio by 48.2% moving from 0.56 to 0.83.
In the last 3 years, ICICI Prudential Equity & Debt Fund Direct Plan Growth has given 26.26% return, outperforming this fund by 2.67% per annum.
This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.83% which is lower than the category average expense ratio of 1.26%.
In the last 5 years, this fund has outperformed all funds in its category.
INDmoney Rank
Powered by IND quant engine
10
/18
40% Performance
40% Risk Management
49% Cost
10 out of 18 among aggressive allocation
Peer Analysis
Fund Manager
Ankit A. Pande
Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 11 May 2020
Top funds managed
Sanjeev Sharma
Fund Manager of Quant Absolute Fund Growth Option Direct Plan, since 1 February 2017
Top funds managed
Quant Absolute Fund Growth Option Direct Plan Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.82% since inception which is more than its category average return of 12.76%
Fund Allocations
This fund has an allocation of 77.22% in Equity, 18.75% in Debt and 4.03% in Cash related instruments
AUM size ₹1869 Cr
This fund has AUM of ₹1869 Cr which is less than its category average of ₹ 5013 Cr
Expense Ratio 0.83%
This fund has an expense ratio of 0.83% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Quant Absolute Fund Growth Option Direct Plan is ₹440.98 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Quant Absolute Fund Growth Option Direct Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 1.49% | 1.49% |
6 Month Returns | 29.24% | 29.24% |
1 Year Returns | 39.02% | 39.02% |
3 Years Returns | 88.8% | 23.59% |
5 Years Returns | 218.03% | 26.04% |
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.
0.83% as on April 2024
₹1869 Cr as on April 2024
Jio Financial Services Ltd(9.96%), Reliance Industries Ltd(9.92%), Adani Power Ltd(6.01%), Britannia Industries Ltd(5.8%), Jindal Steel & Power Ltd(5.27%) as on April 2024
Financial Services(19.39%), Utilities(13.73%), Government(13.47%) as on April 2024
AAA | 100 |
Ankit A. Pande, Sanjeev Sharma are the fund managers of Quant Absolute Fund Growth Option Direct Plan
The Exit load of Quant Absolute Fund Growth Option Direct Plan is 1%