Quant Absolute Fund - Direct (IDCW)


Aggressive Hybrid Fund
SIP Lumpsum
  • NAV 59.88 (-0.99%)
  • Fund Size (Cr) ₹2198.84
  • Expense Ratio 0.7
  • Scheme Type Active Fund
  • Value Research Stars
SIP Lumpsum
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹5000
  • Minimum SIP Investment ₹1000
  • Minimum Withdrawal ₹1
  • Exit Load 1%
  • Return Since Launch 14.56%

Basic Details

Scheme Manager
Sanjeev Sharma
Bench Mark
Nifty 50 Hybrid Composite Debt 65:35 Index TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 11-Dec-24
  • 9817.15
  • -1.83%
  • -
  • -1.04%
  • 208/210
  • 1 Month
  • 18-Nov-24
  • 10023.50
  • 0.24%
  • -
  • 3.99%
  • 200/210
  • 3 Month
  • 18-Sep-24
  • 9205.44
  • -7.95%
  • -
  • -1.69%
  • 208/210
  • 6 Month
  • 18-Jun-24
  • 9483.06
  • -5.17%
  • -
  • 4.69%
  • 208/210
  • 1 Year
  • 18-Dec-23
  • 11574.80
  • 15.75%
  • 15.75%
  • 19.77%
  • 158/210
  • 3 Year
  • 17-Dec-21
  • 15466.23
  • 54.66%
  • 15.65%
  • 14.73%
  • 73/210
  • 5 Year
  • 18-Dec-19
  • 30707.85
  • 207.08%
  • 25.16%
  • 16.14%
  • 16/205
  • Since Inception
  • 07-Jan-13
  • 50790.31
  • 407.90%
  • 14.56%
  • 13.00%
  • 58/210

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jan-24
  • 120000
  • 116917.28
  • -2.57%
  • -2.57%
  • 3 Year
  • 03-Jan-22
  • 360000
  • 448985.37
  • 24.72%
  • 7.64%
  • 5 Year
  • 01-Jan-20
  • 600000
  • 1023853.71
  • 70.64%
  • 11.28%
  • 10 Year
  • 01-Jan-15
  • 1200000
  • 2990297.95
  • 149.19%
  • 9.56%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    3.66%
  • Beta
    0.84%
  • Sharpe Ratio
    0.75%
  • Treynor’s Ratio
    0.10%
  • Jension’s Alpha
    5.18%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Reliance Industr
  • 9.59%
  • 1631836
  • 210.87
  • Equity
  • Refineries
  • ITC
  • 8.34%
  • 3846388
  • 183.38
  • Equity
  • Tobacco Products
  • Jio Financial
  • 7.82%
  • 5234289
  • 171.87
  • Equity
  • Finance
  • Life Insurance
  • 6.67%
  • 1489000
  • 146.74
  • Equity
  • Insurance
  • Adani Power
  • 5.31%
  • 2103000
  • 116.67
  • Equity
  • Power Generation & Distribution
  • Larsen & Toubro
  • 5.18%
  • 305700
  • 113.87
  • Equity
  • Infrastructure Developers & Operators
  • Tata Power Co.
  • 5.12%
  • 2718375
  • 112.58
  • Equity
  • Power Generation & Distribution
  • Britannia Inds.
  • 4.96%
  • 220800
  • 109.10
  • Equity
  • FMCG
  • HDFC Life Insur.
  • 4.63%
  • 1547000
  • 101.75
  • Equity
  • Insurance
  • Hind. Unilever
  • 3.97%
  • 350000
  • 87.37
  • Equity
  • FMCG

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Quant Absolute Fund - Direct (IDCW)
  • Stars
  • 2198.84
  • 0.24%
  • -7.95%
  • -5.17%
  • 15.75%
  • 15.65%
  • JM Aggressive Hybrid Fund - Direct (Bonus)
  • Stars
  • 719.68
  • 4.49%
  • -2.02%
  • 3.83%
  • 32.59%
  • 25.34%
  • JM Aggressive Hybrid Fund - Direct (Half-Bonus)
  • Stars
  • 719.68
  • 4.49%
  • -2.02%
  • 3.83%
  • 32.59%
  • 25.34%
  • JM Aggressive Hybrid Fund - Direct (Quarterly-Bonus)
  • Stars
  • 719.68
  • 4.49%
  • -2.02%
  • 3.83%
  • 32.59%
  • 25.34%
  • JM Aggressive Hybrid Fund - Direct (Annual-Bonus)
  • Stars
  • 719.68
  • 4.49%
  • -2.03%
  • 3.83%
  • 32.58%
  • 25.34%
  • JM Aggressive Hybrid Fund - Direct (IDCW-H)
  • Stars
  • 719.68
  • 4.49%
  • -2.03%
  • 3.83%
  • 32.57%
  • 25.34%

News

  • Quant MF announces change in benchmark index under its schemes Quant Mutual Fund has announced change in the benchmark of Quant Teck Fund Fund with effect from November 05, 2024

    Change in name of Benchmark of Quant Teck Fund

    Scheme Name Existing Benchmark Revised 1st Tier Benchmark
    Quant Teck Fund BSE Teck TRI Nifty IT TRI
    Quant PSU Fund BSE PSU TRI Nifty PSE TRI
    Quant Consumption Fund BSE Consumer Discretionary Index TRI Nifty India Consumption TRI
    Quant Healthcare Fund BSE Healthcare Index TRI Nifty Healthcare TRI
    Quant Dynamic Asset Allocation Fund CRISIL Hybrid 50+50 - Moderate Index Nifty 50 Hybrid Composite debt 50:50 Index
    Quant Absolute Fund CRISIL Hybrid 35+65 - Aggressive Index Nifty 50 Hybrid Composite debt 65:35 Index

    Powered by Capital Market - Live News

  • Quant MF announces change in benchmark index under its scheme Quant Mutual Fund has announced change in the benchmark of Quant Liquid Fund with effect from November 01, 2024

    Change in name of Benchmark of Quant Liquid Fund

    Scheme Name Existing Benchmark Revised Benchmark
    Quant Liquid Fund CRISIL Liquid Debt B-I Index CRISIL Liquid Debt A-I Index

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 01-Jan-2013
  • Total AUM (Cr) ₹2198.84

Quant Absolute Fund - Direct (IDCW) is an Aggressive Hybrid Fund-oriented fund from the renowned AMC, Quant Mutual Fund. Launched in Jan 2013, this fund is managed by Sanjeev Sharma. With assets under management (AUM) worth ₹2198.84 (Cr), as of 19-Dec-2024, Quant Absolute Fund - Direct (IDCW) is categorized as a Aggressive Hybrid Fund within its segment. The fund has generated a return of 14.56% since its launch.
The current NAV of Quant Absolute Fund - Direct (IDCW) is ₹59.88, as on 19-Dec-2024. The fund’s benchmark index is Nifty 50 Hybrid Composite Debt 65:35 Index TRI. You can invest in Quant Absolute Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1000 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For redemptions / switch outs (including SIP/STP) within 15 days from the date of allotment of units, irrepective of the amount of investment: 1% Nil - For redemption / switch outs after 15 days from the date of allotment.
The fund has generated 15.65% and 25.16% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 73.3% in Equity, 24.82% in Debt and 1.89% in cash and cash equivalents
The top 5 sectors the fund invests in are: 23.62% in Debt, 13.22% in Diversified FMCG, 11.06% in Insurance, 10.85% in Power and 9.36% in Petroleum Products.

FAQs on Quant Absolute Fund - Direct (IDCW)

Quant Absolute Fund - Direct (IDCW) is a popular fund in the Aggressive Hybrid Fund segment. The fund has generated a return of 14.56% since inception. Looking to invest in Quant Absolute Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Quant Absolute Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Quant Absolute Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Quant Absolute Fund - Direct (IDCW) today and reap the benefits of this Aggressive Hybrid Fund fund!

In the short term, i.e., 1 year, Quant Absolute Fund - Direct (IDCW) has generated annualised return of 15.75%. In the long-term, the fund has generated 15.65% and 25.16% in 3 and 5 years respectively. Since its inception, the fund has generated 14.56% returns.

The expense ratio of Quant Absolute Fund - Direct (IDCW) Direct Growth is 0.7%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Quant Absolute Fund - Direct (IDCW) is ₹2198.84 (Cr) as of 19 December 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Quant Absolute Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Quant Absolute Fund - Direct (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Quant Absolute Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Quant Absolute Fund - Direct (IDCW). Minimum lumpsum investment Quant Absolute Fund - Direct (IDCW) is ₹5000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Quant Absolute Fund - Direct (IDCW) is ₹59.88 as on 19 December 2024.

The 5 biggest stock holdings of Quant Absolute Fund - Direct (IDCW) are:
Reliance Industr (9.59%), ITC (8.34%), Jio Financial (7.82%), Life Insurance (6.67%), Adani Power (5.31%)

A majority of Quant Absolute Fund - Direct (IDCW) 's AUM worth ₹2198.84 (Cr) is invested in these 3 top sectors:

  • Debt: 23.62%
  • Diversified FMCG: 13.22%
  • Insurance: 11.06%

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