| Launch date | 02 Jan 2025 |
| Allotment date | 21 Jan 2025 |
| End date | 16 Jan 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
1% for redemption within 90 Days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Sharwan Kumar GoyalJan 2025 - PresentView details
Deepesh AgarwalJan 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #8 in India |
|---|---|
| Total AUM | ₹3,25,384.55Cr |
| Date of Incorporation | 14 Nov 2002 |
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UTI Quant Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. Sharwan Kumar Goyal is the Current Fund Manager of UTI Quant Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,25,385 Cr and the Latest NAV as of 02 Jan 2025 is ₹10.00. The UTI Quant Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. 1% for redemption within 90 Days ;
Investment Objective
The scheme seeks to generate long term capital appreciation by investing in equity and equity related instruments by following a quantitative investment theme. ;
| Fund benchmark | BSE 200 Total Return Index |
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