FAQ : Quant Absolute Fund - Growth

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 36.74 25.08 25.25 16.12
Average Rolling Returns(%) 20.21 18.48 14.78 12.67

The Current NAV of Quant Absolute Fund - Growth is ₹392.08.

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 fund’s expense ratio is 2.05%

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 is currently ₹1,788 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 38% and 52% of fund’s portfolio respectively.

Top three sectors of Quant Absolute Fund - Growth fund are Others, BFSI and Oil & Gas accounting for 52% 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 Fund is Hybrid - Aggressive Hybrid Fund.

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

Quant Absolute Fund - Growth current PE ratio is 25.66 and PB ratio is 7.68

The asset allocation of Quant Absolute Fund - Growth is Stocks : 61.32%, Debt : 31.73% and Gold : 6.95%

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

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

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