|Min SIP Amount||₹1000|
|NAV||₹31.69 (06 May 2021)|
|Fund Started||04 Apr 2001|
|Fund Size||₹21 Cr|
|Fortis Healthcare Ltd.||Healthcare||Equity||7.5%|
|Stylam Industries Ltd.||FMCG||Equity||5.3%|
|Tata Steel Long Products Ltd.||Metals||Equity||3.2%|
|Bharti Airtel Ltd.||Communication||Equity||3.2%|
|General Insurance Corporation of India Ltd.||Financial||Equity||2.7%|
|INEOS Styrolution India Ltd||Chemicals||Equity||2.6%|
Quant Absolute Fund IDCW is a Hybrid Mutual Fund Scheme launched by Quant Mutual Fund. This scheme was made available to investors on 04 Apr 2001. Sanjeev Sharma, Pushpa Rai is the Current Fund Manager of Quant Absolute Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 06 May 2021 is ₹31.69.
The Quant Absolute Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to provide long term capital appreciation and current income with a mix of fixed income securities and equity instruments.
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.