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FAQ : Quant BFSI Fund - Regular Plan - Growth

Quant BFSI Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 3 N/A N/A N/A
Average Rolling Returns(%) 23.08 N/A N/A N/A

The Current NAV of Quant BFSI Fund - Regular Plan - Growth is ₹18.01.

It is better to invest in a fund with a longer track record as Quant BFSI Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Financial Services returns, as Funds portfolio is significantly different.

Quant BFSI Fund - Regular Plan - Growth fund’s expense ratio is 2.33%

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 BFSI Fund - Regular Plan - Growth is currently ₹642 Crores.

The Top three stocks are JIO Financial Serv., Life Insurance Corp and RBL Bank and account for 30% of its portfolio. Top 5 and 10 stocks of fund account for 49% and 77% of fund’s portfolio respectively.

Top three sectors of Quant BFSI Fund - Regular Plan - Growth fund are BFSI, IT and Miscellaneous accounting for 95% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service 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 BFSI Fund - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.

Sandeep Tandon and Ankit Pande manage the Quant BFSI Fund - Regular Plan - Growth Fund.

Quant BFSI Fund - Regular Plan - Growth current PE ratio is 56.59 and PB ratio is 4.48

The asset allocation of Quant BFSI Fund - Regular Plan - Growth is Stocks : 82.84%, Debt : 11.76% and Gold : 5.38%

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

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

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