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Fund Overview

Fund Size

Fund Size

₹560 Cr

Expense Ratio

Expense Ratio

0.68%

ISIN

ISIN

INF966L01BX0

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

21 Jun 2023

About this fund

Quant BFSI Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by Quant Mutual Fund. This fund has been in existence for 1 years and 21 days, having been launched on 21-Jun-23.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹17.43, Assets Under Management (AUM) of 560.28 Crores, and an expense ratio of 0.68%.
  • Quant BFSI Fund Direct Growth has given a CAGR return of 69.01% since inception.
  • The fund's asset allocation comprises around 95.83% in equities, 0.00% in debts, and 4.17% in cash & cash equivalents.
  • You can start investing in Quant BFSI 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

+66.23%

+23.54% (Cat Avg.)

Since Inception

+69.01%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity536.93 Cr95.83%
Others23.35 Cr4.17%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Nca-Net Current AssetsCash - Collateral-111.43 Cr18.03%
Treps 01-Jul-2024 Depo 10Cash - Repurchase Agreement107.54 Cr17.40%
HDFC Bank LtdEquity59.94 Cr9.70%
Future on Bajaj Finance LtdEquity - Future56.86 Cr9.20%
Aadhar Housing Finance LtdEquity55.74 Cr9.02%
Reliance Industries LtdEquity53.22 Cr8.61%
HDFC Life Insurance Company LimitedEquity49.39 Cr7.99%
Future on Aditya Birla Capital LtdEquity - Future48.61 Cr7.87%
Life Insurance Corporation of IndiaEquity47.43 Cr7.68%
Jio Financial Services LtdEquity45.16 Cr7.31%
RBL Bank LtdEquity31.56 Cr5.11%
India Shelter Finance Corporation LtdEquity24.76 Cr4.01%
91 DTB 05092024Bond - Gov't/Treasury24.69 Cr4.00%
Future on Kotak Mahindra Bank LtdEquity - Future24.68 Cr3.99%
SBI Life Insurance Company LimitedEquity20.89 Cr3.38%
Kotak Mahindra Bank LtdEquity19.83 Cr3.21%
L&T Finance LtdEquity18.12 Cr2.93%
Aditya Birla Fashion and Retail LtdEquity14.05 Cr2.27%
Future on HDFC Life Insurance Company LimitedEquity - Future8.55 Cr1.38%
Jana Small Finance Bank LtdEquity7.36 Cr1.19%
Aditya Birla Capital LtdEquity5.97 Cr0.97%
91 DTB 15082024Bond - Gov't/Treasury4.96 Cr0.80%

Allocation By Market Cap (Equity)

Large Cap Stocks

62.47%

Mid Cap Stocks

12.96%

Small Cap Stocks

11.39%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services386.15 Cr62.50%
Energy53.22 Cr8.61%
Consumer Cyclical14.05 Cr2.27%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

Sanjeev Sharma

Sanjeev Sharma

Since June 2023

VS

Vasav Sahgal

Since June 2023

AA

Ankit A. Pande

Since June 2023

ST

Sandeep Tandon

Since June 2023

Additional Scheme Detailsas of 30th June 2024

ISIN
INF966L01BX0
Expense Ratio
0.68%
Exit Load
1.00%
Fund Size
₹560 Cr
Age
21 Jun 2023
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY Financial Services TR

Investment ObjectiveInvestment 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 Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹9.45 Cr15.1%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2759.48 Cr64.0%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1477.69 Cr64.1%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2535.06 Cr17.6%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹274.29 Cr17.5%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.9%1.0%₹7671.24 Cr22.9%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1140.83 Cr25.0%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5932.60 Cr26.9%

About the AMC

Total AUM

₹85,552 Cr

Address

A.M. Road, Prabhadevi, Mumbai, 400025

Other Funds by Quant Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Quant Commodities Fund Direct Growth

Very High Risk

0.8%1.0%₹368.13 Cr-
Quant Momentum Fund Direct Growth

Very High Risk

0.7%1.0%₹1920.46 Cr-
Quantum Small Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹52.07 Cr-
Quant Teck Fund Direct Growth

Very High Risk

0.8%1.0%₹355.97 Cr-
360 ONE Quant Fund Direct Growth

Very High Risk

0.4%1.0%₹324.32 Cr64.9%
Quant Value Fund Direct Growth

Very High Risk

0.5%1.0%₹1914.73 Cr76.3%
Nippon India Quant Fund Direct Growth

Very High Risk

0.5%0.0%₹70.77 Cr45.6%
Quant BFSI Fund Direct Growth

Very High Risk

0.7%1.0%₹560.28 Cr66.2%
quant Healthcare Fund Direct Growth

Very High Risk

0.7%1.0%₹286.83 Cr-
DSP Quant Fund Direct Growth

Very High Risk

0.6%0.0%₹1152.87 Cr23.4%
ICICI Prudential Quant Fund Direct Growth

Very High Risk

0.6%1.0%₹88.58 Cr38.5%
Axis Quant Fund Direct Growth

Very High Risk

0.7%1.0%₹1117.51 Cr36.8%
Quant Quantamental Fund Direct Growth

Very High Risk

0.6%1.0%₹2563.88 Cr64.5%
Tata Quant Fund Direct Growth

Very High Risk

0.9%1.0%₹63.29 Cr37.9%
Quant Focused fund Direct Growth

Very High Risk

0.7%1.0%₹1059.04 Cr50.6%
Quant Large and Mid Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹3290.34 Cr67.6%
Quant Active Fund Direct Growth

Very High Risk

0.6%1.0%₹10758.37 Cr54.2%
Quant Small Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹22967.17 Cr68.7%
Quant Absolute Fund Direct Growth

Very High Risk

0.8%1.0%₹2216.28 Cr39.9%
Quant Infrastructure Fund Direct Growth

Very High Risk

0.7%0.0%₹3881.58 Cr83.1%
Quant Multi Asset Fund Direct Growth

High Risk

0.7%1.0%₹2541.51 Cr48.2%
Quant Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹6885.18 Cr64.0%
Quant Tax Plan Direct Growth

Very High Risk

0.8%0.0%₹9860.39 Cr60.8%
Quant Liquid Plan Direct Growth

Low to Moderate Risk

0.3%0.0%₹2627.97 Cr7.2%
Quant Mid Cap Fund Direct Growth

Very High Risk

0.6%0.0%₹8747.40 Cr72.8%
Quant Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹92.35 Cr7.3%
Quant Manufacturing Fund Direct Growth

Very High Risk

0.8%1.0%₹786.81 Cr-
Quant Business Cycle Fund Direct Growth

Very High Risk

0.6%1.0%₹1276.85 Cr73.7%
Quant ESG Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹278.56 Cr54.8%
Quant Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹241.05 Cr7.3%
Quant Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1168.46 Cr48.6%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1148.29 Cr56.9%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Quant BFSI Fund Direct Growth, as of 11-Jul-2024, is ₹17.43.
The fund's allocation of assets is distributed as 95.83% in equities, 0.00% in bonds, and 4.17% in cash and cash equivalents.
The fund managers responsible for Quant BFSI Fund Direct Growth are:-
  1. Sanjeev Sharma
  2. Vasav Sahgal
  3. Ankit A. Pande
  4. Sandeep Tandon