FAQ : Quant Absolute Fund - Growth - Direct Plan

Quant Absolute Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 38.49 25.32 24.88 17.13
Average Rolling Returns(%) 21.18 19.03 16.56 18.50

The Current NAV of Quant Absolute Fund - Growth - Direct Plan is ₹432.72.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

Quant Absolute Fund - Growth - Direct Plan fund’s expense ratio is 0.83%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Quant Absolute Fund - Growth - Direct Plan is currently ₹1,869 Crores.

The Top three stocks are JIO Financial Serv., Reliance Industries and Adani Power and account for 26% of its portfolio. Top 5 and 10 stocks of fund account for 37% and 54% of fund’s portfolio respectively.

Top three sectors of Quant Absolute Fund - Growth - Direct Plan fund are Others, BFSI and Oil & Gas accounting for 50% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Hybrid - Aggressive Hybrid Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Quant Absolute Fund - Growth - Direct Plan Fund is Hybrid - Aggressive Hybrid Fund.

Sanjeev Sharma and Ankit Pande manage the Quant Absolute Fund - Growth - Direct Plan Fund.

Quant Absolute Fund - Growth - Direct Plan current PE ratio is 24.87 and PB ratio is 7.27

The asset allocation of Quant Absolute Fund - Growth - Direct Plan is Stocks : 69.59%, Debt : 23.90% and Gold : 6.53%

The minimum SIP amount for Quant Absolute Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Quant Absolute Fund - Growth - Direct Plan is 1% on or before 15 days, Nil after 15 days

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