Quant Absolute Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Escorts Mutual Fund. This scheme was introduced to investors on 07 Jan 2013. Sanjeev Sharma, Pushpa Rai is the Current Fund Manager of Quant Absolute Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹2 Cr and the Latest NAV as of 09 Dec 2019 is ₹142.07.
The Quant Absolute Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Exit load of 1% if redeemed within 1 year.
Investment Objective
Seeks to generate long term capital appreciation and current income from a well diversified portfolio of equity shares and fixed income securities.
Tax Implications
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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load