Home>Mutual Funds>Quant Mutual Fund>Quant Absolute Fund Direct Growth

Quant Absolute Fund Direct Growth

Hybrid
Aggressive Hybrid
Very High Risk
80.03%
1Y return
+0.55% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹270.58
Min. SIP Amount₹1,000
Rating5star
Fund Size₹52.52 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Hybrid Aggressive Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns80.0%26.7%19.4%18.4%
Category average42.2%12.7%12.2%NA
Rank with in category211NA
Understand termsinfo

Holdings (39)

NameSectorInstrumentAssets
ITC Ltd.FMCGEquity6.6%
Indiabulls Real Estate Ltd.ConstructionEquity6.3%
Godrej Agrovet Ltd.FMCGEquity6.0%
Tata Steel Ltd.MetalsEquity5.6%
Fortis Healthcare Ltd.
HealthcareEquity3.9%
Bharti Airtel Ltd.CommunicationEquity3.6%
State Bank of India
FinancialEquity3.6%
Rossari Biotech Ltd.ChemicalsEquity3.4%
HDFC Bank Ltd.FinancialEquity2.7%
Stylam Industries Ltd.FMCGEquity2.6%
See All

Pros and cons

Category: Hybrid Aggressive Hybrid

Pros

  • 1Y Returns are higher than the category average returns
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Higher expense ratio - 2.15%

Expense ratio, exit load and tax

Expense ratio: 2.15%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹1,000

Fund management

Sanjeev Sharma
Oct 2019 - Present
View Details
keyboard_arrow_down
Gaurav Balre
Apr 2018 - Present
View Details
keyboard_arrow_down
Shamil Mehra
Apr 2018 - Present
View Details
keyboard_arrow_down
Rochan Pattnayak
Oct 2019 - Present
View Details
keyboard_arrow_down
Vasav Sahgal
Jun 2019 - Present
View Details
keyboard_arrow_down
Ankit A Pande
May 2020 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

Quant Absolute Fund Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India