Quant Absolute Fund Direct Growth
HybridAggressive AllocationVery High Risk
Direct
NAV (17-May-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,025 Cr
Expense Ratio
0.75%
ISIN
INF966L01556
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 17-May-24, it has a Net Asset Value (NAV) of ₹440.79, Assets Under Management (AUM) of 2024.53 Crores, and an expense ratio of 0.75%.
- Quant Absolute Fund Direct Growth has given a CAGR return of 18.74% since inception.
- The fund's asset allocation comprises around 70.99% in equities, 12.48% in debts, and 16.53% in cash & cash equivalents.
- You can start investing in Quant Absolute Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+39.11%
+29.18% (Cat Avg.)
3 Years
+21.74%
+16.05% (Cat Avg.)
5 Years
+26.88%
+15.72% (Cat Avg.)
10 Years
+19.27%
+13.77% (Cat Avg.)
Since Inception
+18.74%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹1,437.26 Cr | 70.99% |
| Debt | ₹252.61 Cr | 12.48% |
| Others | ₹334.65 Cr | 16.53% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps 02-May-2024 Depo 10 | Cash - Repurchase Agreement | ₹219.85 Cr | 10.86% |
| Reliance Industries Ltd | Equity | ₹192.23 Cr | 9.49% |
| Jio Financial Services Ltd | Equity | ₹190.91 Cr | 9.43% |
| Adani Power Ltd | Equity | ₹128.8 Cr | 6.36% |
| Tata Power Co Ltd | Equity | ₹122.12 Cr | 6.03% |
| Jindal Steel & Power Ltd | Equity | ₹107.84 Cr | 5.33% |
| Britannia Industries Ltd | Equity | ₹105.45 Cr | 5.21% |
| Life Insurance Corporation of India | Equity | ₹99.68 Cr | 4.92% |
| 182 DTB 25072024 | Bond - Gov't/Treasury | ₹98.4 Cr | 4.86% |
| 364 DTB 26122024 | Bond - Gov't/Treasury | ₹95.61 Cr | 4.72% |
| Steel Authority Of India Ltd | Equity | ₹86.63 Cr | 4.28% |
| Bharat Electronics Ltd | Equity | ₹81.27 Cr | 4.01% |
| United Spirits Ltd | Equity | ₹57.67 Cr | 2.85% |
| 364 DTB 12092024 | Bond - Gov't/Treasury | ₹48.74 Cr | 2.41% |
| Tata Consultancy Services Ltd | Equity | ₹47.3 Cr | 2.34% |
| 5.74% Govt Stock 2026 | Bond - Gov't/Treasury | ₹42.58 Cr | 2.10% |
| Bajaj Finance Ltd | Equity | ₹39.98 Cr | 1.97% |
| Wipro Ltd | Equity | ₹39.3 Cr | 1.94% |
| GAIL (India) Ltd | Equity | ₹36.59 Cr | 1.81% |
| State Bank of India | Equity | ₹30.98 Cr | 1.53% |
| Dlf Limited 30/05/2024 | Cash | ₹29.73 Cr | 1.47% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹28.27 Cr | 1.40% |
| Future on State Bank of India | Equity - Future | ₹27.83 Cr | 1.37% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹20.05 Cr | 0.99% |
| 6.64% Govt Stock 2035 | Bond - Gov't/Treasury | ₹17.52 Cr | 0.87% |
| Nca-Net Current Assets | Cash | ₹-14.92 Cr | 0.74% |
| Adani Green Energy Ltd | Equity | ₹14.38 Cr | 0.71% |
| Goi Strips - Mat 120328 | Bond - Gov't/Treasury | ₹14.13 Cr | 0.70% |
| 7.29% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.06 Cr | 0.50% |
| Quant Gilt Dir Gr | Mutual Fund - Open End | ₹5.5 Cr | 0.27% |
Allocation By Market Cap (Equity)
Large Cap Stocks
65.32%
Mid Cap Stocks
5.68%
Small Cap Stocks
--
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹361.57 Cr | 17.86% |
| Utilities | ₹301.89 Cr | 14.91% |
| Basic Materials | ₹194.47 Cr | 9.61% |
| Energy | ₹192.23 Cr | 9.49% |
| Consumer Defensive | ₹163.13 Cr | 8.06% |
| Technology | ₹86.6 Cr | 4.28% |
| Industrials | ₹81.27 Cr | 4.01% |
Risk & Performance Ratios
Standard Deviation
This fund
12.56%
Cat. avg.
10.05%
Lower the better
Sharpe Ratio
This fund
1.38
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.93
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF966L01556 | Expense Ratio | 0.75% | Exit Load | 1.00% | Fund Size | ₹2,025 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid Aggressive TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Aggressive Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Aggressive Hybrid Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1138.39 Cr | 32.9% |
| Mahindra Manulife Aggressive Hybrid Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1138.39 Cr | 35.2% |
| Bandhan Hybrid Equity Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹693.61 Cr | 26.1% |
| Bandhan Hybrid Equity Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹693.61 Cr | 24.5% |
| Tata Hybrid Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3748.90 Cr | 23.0% |
| UTI Hybrid Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5487.53 Cr | 31.2% |
| Nippon India Equity Hybrid Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3522.61 Cr | 30.2% |
| SBI Equity Hybrid Fund Regular Growth Very High Risk | 1.4% | 1.0% | ₹68409.82 Cr | 24.7% |
| Canara Robeco Equity Hybrid Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹10077.44 Cr | 25.1% |
| Quant Absolute Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2024.53 Cr | 37.3% |
About the AMC
Total AUM
₹68,337 Cr
Address
A.M. Road, Prabhadevi, Mumbai, 400025
Other Funds by Quant Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Quant Commodities Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹342.88 Cr | - |
| Quant Momentum Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1654.55 Cr | - |
| Quantum Small Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹47.23 Cr | - |
| Quant Teck Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹350.04 Cr | - |
| 360 ONE Quant Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹175.14 Cr | 63.1% |
| Quant Value Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1613.09 Cr | 75.4% |
| Nippon India Quant Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹63.00 Cr | 45.2% |
| Quant BFSI Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹513.60 Cr | - |
| quant Healthcare Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹279.47 Cr | - |
| DSP Quant Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹1179.23 Cr | 21.8% |
| ICICI Prudential Quant Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹76.80 Cr | 36.6% |
| Axis Quant Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1062.73 Cr | 38.6% |
| Quant Quantamental Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹2173.52 Cr | 67.0% |
| Tata Quant Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹57.67 Cr | 30.9% |
| Quant Focused fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹924.73 Cr | 52.8% |
| Quant Large and Mid Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹2535.89 Cr | 68.0% |
| Quant Active Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹9790.64 Cr | 53.2% |
| Quant Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹20164.09 Cr | 67.4% |
| Quant Absolute Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹2024.53 Cr | 39.1% |
| Quant Infrastructure Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹3187.60 Cr | 80.6% |
| Quant Multi Asset Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹2173.05 Cr | 49.2% |
| Quant Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹5562.88 Cr | 59.4% |
| Quant Tax Plan Direct Growth Very High Risk | 0.8% | 0.0% | ₹9360.89 Cr | 60.6% |
| Quant Liquid Plan Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2395.82 Cr | 7.2% |
| Quant Mid Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹6920.17 Cr | 77.9% |
| Quant Gilt Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹83.19 Cr | 6.5% |
| Quant Manufacturing Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹651.73 Cr | - |
| Quant Business Cycle Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1236.83 Cr | - |
| Quant ESG Equity Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹253.71 Cr | 49.8% |
| Quant Overnight Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹226.10 Cr | 7.3% |
| Quant Large Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹997.49 Cr | 52.8% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1046.84 Cr | 61.0% |
Risk Level
Your principal amount will be at Very High Risk
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- Sanjeev Sharma
- Vasav Sahgal
- Ankit A. Pande
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