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Quant Absolute Fund Direct Growth

Hybrid
Aggressive Hybrid
Very High Risk
24.86%
3Y annualised
+0.33% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jun 2022₹276.94
Min. SIP amount₹1,000
Rating5
Fund size₹404.43Cr

Returns and rankings

Category: Hybrid Aggressive Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.1%24.9%17.7%16.8%
Category average42.2%12.7%12.2%NA
Rank with in category311NA
Understand terms

Holdings (32)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec8.8%
ICICI Bank Ltd.FinancialEquity5.7%
Reliance Industries Ltd.EnergyEquity5.4%
GOISovereignGOI Sec5.0%
Vedanta Ltd.Metals & MiningEquity4.7%
NTPC Ltd.EnergyEquity4.4%
Reserve Bank of India
FinancialT-Bills4.4%
Larsen & Toubro Ltd.ConstructionEquity4.0%
HDFC Bank Ltd.FinancialEquity4.0%
ITC Ltd.Consumer StaplesEquity3.9%
See All

Pros and cons

Category: Hybrid Aggressive Hybrid

Pros

Cons

Consistently top ranked fund
Lower AUM: 404Cr. Funds with lower AUM tend to have higher expense ratio
3Y and 5Y annualised returns higher than category average
1Y annualised returns lower than category average by 34.09%
Higher alpha: 13.68 The fund has generated returns higher than benchmark - CRISIL Hybrid 35+65 Aggressive Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.56%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.56%

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 terms
Check past data

Minimum investment amounts

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

Fund management

Sanjeev Sharma
Oct 2019 - Present
View details

Education
Mr. Sharma is a Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune.
Experience
He has total work experience of 17 years including 13 years of experience in the financial market. He specializes in identifying crucial inflexion points in securities.
Also manages these schemes

Vasav Sahgal
Jun 2019 - Present
View details

Education
B.Com. and CFA
Experience
Prior to joining Quant Mutual Fund, he has worked with Eqestar capital as Equity Research Analyst.
Also manages these schemes

Ankit A Pande
May 2020 - Present
View details

Education
Mr. Pande has done CFA and MBA
Experience
Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
6th Floor, Sea Breeze Building,Appa Saheb Marathe Marg,Prabhadevi, Mumbai 400025
Phone
022-62955000
Launch Date
15 Apr 1996
E-mail
NA
Website
NA
Amc Image
Quant Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Quant Absolute Fund Direct Growth?

You can easily invest in Quant Absolute Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Quant Absolute Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Quant Absolute Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Quant Absolute Fund Direct Growth provide?

The Quant Absolute Fund Direct Growth has been there from 07 Jan 2013 and the average annual returns provided by this fund is 8.06% since its inception.

How much expense ratio is charged by Quant Absolute Fund Direct Growth?

The term Expense Ratio used for Quant Absolute Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Quant Absolute Fund Direct Growth is 0.56% as of 30 Jun 2022...

What is the AUM of Quant Absolute Fund Direct Growth?

The AUM, short for Assets Under Management of Quant Absolute Fund Direct Growth is ₹404.43Cr as of 30 Jun 2022.

How to Redeem Quant Absolute Fund Direct Growth?

If you want to sell your Quant Absolute Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Quant Absolute Fund Direct Growth?

You can select either SIP or Lumpsum investment of Quant Absolute Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Quant Absolute Fund Direct Growth?

The NAV of Quant Absolute Fund Direct Growth is ₹276.94 as of 29 Jun 2022.

What is the PE and PB ratio of Quant Absolute Fund Direct Growth?

The PE ratio ratio of Quant Absolute Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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