Quant BFSI Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹618 Cr
Expense Ratio
0.68%
ISIN
INF966L01BX0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
21 Jun 2023
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹17.44, Assets Under Management (AUM) of 617.87 Crores, and an expense ratio of 0.68%.
- Quant BFSI Fund Direct Growth has given a CAGR return of 66.04% 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
+63.83%
+17.99% (Cat Avg.)
Since Inception
+66.04%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹592.12 Cr | 95.83% |
| Others | ₹25.75 Cr | 4.17% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Nca-Net Current Assets | Cash - Collateral | ₹-111.43 Cr | 18.03% |
| Treps 01-Jul-2024 Depo 10 | Cash - Repurchase Agreement | ₹107.54 Cr | 17.40% |
| HDFC Bank Ltd | Equity | ₹59.94 Cr | 9.70% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹56.86 Cr | 9.20% |
| Aadhar Housing Finance Ltd | Equity | ₹55.74 Cr | 9.02% |
| Reliance Industries Ltd | Equity | ₹53.22 Cr | 8.61% |
| HDFC Life Insurance Company Limited | Equity | ₹49.39 Cr | 7.99% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹48.61 Cr | 7.87% |
| Life Insurance Corporation of India | Equity | ₹47.43 Cr | 7.68% |
| Jio Financial Services Ltd | Equity | ₹45.16 Cr | 7.31% |
| RBL Bank Ltd | Equity | ₹31.56 Cr | 5.11% |
| India Shelter Finance Corporation Ltd | Equity | ₹24.76 Cr | 4.01% |
| 91 DTB 05092024 | Bond - Gov't/Treasury | ₹24.69 Cr | 4.00% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹24.68 Cr | 3.99% |
| SBI Life Insurance Company Limited | Equity | ₹20.89 Cr | 3.38% |
| Kotak Mahindra Bank Ltd | Equity | ₹19.83 Cr | 3.21% |
| L&T Finance Ltd | Equity | ₹18.12 Cr | 2.93% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹14.05 Cr | 2.27% |
| Future on HDFC Life Insurance Company Limited | Equity - Future | ₹8.55 Cr | 1.38% |
| Jana Small Finance Bank Ltd | Equity | ₹7.36 Cr | 1.19% |
| Aditya Birla Capital Ltd | Equity | ₹5.97 Cr | 0.97% |
| 91 DTB 15082024 | Bond - Gov't/Treasury | ₹4.96 Cr | 0.80% |
Allocation By Market Cap (Equity)
Large Cap Stocks
62.47%
Mid Cap Stocks
11.77%
Small Cap Stocks
11.39%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹386.15 Cr | 62.50% |
| Energy | ₹53.22 Cr | 8.61% |
| Consumer Cyclical | ₹14.05 Cr | 2.27% |
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
Since June 2023
Vasav Sahgal
Since June 2023
Ankit A. Pande
Since June 2023
Sandeep Tandon
Since June 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF966L01BX0 | Expense Ratio | 0.68% | Exit Load | 1.00% | Fund Size | ₹618 Cr | Age | 21 Jun 2023 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Financial Services TR |
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 Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹9.45 Cr | 8.9% |
| 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 Cr | 59.2% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1477.69 Cr | 59.3% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2535.06 Cr | 11.8% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹274.29 Cr | 11.7% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.9% | 1.0% | ₹7671.24 Cr | 18.8% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1140.83 Cr | 19.3% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5932.60 Cr | 22.7% |
About the AMC
Total AUM
₹85,552 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% | ₹400.32 Cr | - |
| Quant Momentum Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹2126.40 Cr | - |
| Quantum Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹63.31 Cr | - |
| Quant Teck Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹401.89 Cr | - |
| 360 ONE Quant Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹324.32 Cr | 61.3% |
| Quant Value Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1914.73 Cr | 74.0% |
| Nippon India Quant Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹70.77 Cr | 44.2% |
| Quant BFSI Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹617.87 Cr | 63.8% |
| quant Healthcare Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹302.47 Cr | 62.2% |
| DSP Quant Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹1152.87 Cr | 22.6% |
| ICICI Prudential Quant Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹88.58 Cr | 36.8% |
| Axis Quant Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1117.51 Cr | 35.5% |
| Quant Quantamental Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹2563.88 Cr | 60.3% |
| Tata Quant Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹63.29 Cr | 37.5% |
| Quant Focused fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1059.04 Cr | 48.6% |
| Quant Large and Mid Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹3290.34 Cr | 62.6% |
| Quant Active Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹10758.37 Cr | 49.6% |
| Quant Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹22967.17 Cr | 60.9% |
| Quant Absolute Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹2216.28 Cr | 38.2% |
| Quant Infrastructure Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹3881.58 Cr | 77.4% |
| Quant Multi Asset Fund Direct Growth High Risk | 0.7% | 1.0% | ₹2541.51 Cr | 43.6% |
| Quant Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹6885.18 Cr | 59.7% |
| Quant Tax Plan Direct Growth Very High Risk | 0.8% | 0.0% | ₹10527.57 Cr | 55.6% |
| Quant Liquid Plan Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2627.97 Cr | 7.2% |
| Quant Mid Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹8747.40 Cr | 64.5% |
| Quant Gilt Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹93.11 Cr | 7.4% |
| Quant Manufacturing Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹905.49 Cr | - |
| Quant Business Cycle Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1357.36 Cr | 67.7% |
| Quant ESG Equity Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹278.56 Cr | 55.0% |
| Quant Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹242.52 Cr | 7.3% |
| Quant Large Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1513.75 Cr | 47.5% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1196.62 Cr | 57.3% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Quant BFSI Fund Direct Growth?
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Who manages the Quant BFSI Fund Direct Growth?
- Sanjeev Sharma
- Vasav Sahgal
- Ankit A. Pande
- Sandeep Tandon
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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