Fund Details
Quant Absolute Fund Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.48% |
| NAV | ₹191.60 (27 Jan 2021) |
|---|---|
| Fund Started | 04 Apr 2001 |
| Fund Size | ₹9 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Age is more than 10 years
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
6. 10Y Returns are higher than the category average returns
7. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. 5Y Returns are lower than the benchmark
8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 2.48%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 7.0% |
| Fortis Healthcare (India) Ltd | Healthcare | Equity | 6.6% |
| Stylam Industries Ltd. | FMCG | Equity | 5.9% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 5.7% |
| HCL Technologies Ltd. | Technology | Equity | 5.1% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 4.8% |
| Tata Elxsi Ltd. | Technology | Equity | 4.6% |
| Alembic Pharmaceuticals Ltd. | Healthcare | Equity | 4.0% |
| GOI | Sovereign | CGL | 4.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
Fund Managers
Quant Absolute Fund Growth Details
Quant Absolute Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9 Cr and the Latest NAV as of 27 Jan 2021 is ₹191.60.
The Quant Absolute Fund Growth is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to provide long term capital appreciation and current income with a mix of fixed income securities and equity instruments.
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.
