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5 star

Quant Absolute Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.97 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.18 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 29.42 0.20 0.65 4.48 20.35 34.97 91.46 25.32 18.52 17.16 --
VR Balanced TRI 11.89 0.09 0.48 7.00 5.11 14.91 49.35 13.75 14.26 11.68 --
Hybrid: Aggressive Hybrid 15.25 0.39 0.90 7.13 7.65 17.87 52.19 13.06 13.66 12.96 --
Rank within category 2 44 35 49 1 1 1 1 1 1 --
Number of funds in category 48 49 49 49 49 47 46 35 29 25 0

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Quant Absolute Fund - Direct Plan
5 star
Jan-13 91.46 25.32 18.52 2.38 39
SBI Equity Hybrid Fund - Direct Plan  | Invest Online
4 star
Jan-13 46.11 14.26 14.25 0.96 39,977
ICICI Prudential Equity & Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 58.33 15.03 15.79 1.35 17,274
DSP Equity & Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 51.05 15.70 15.38 0.83 6,769
Canara Robeco Equity Hybrid Fund - Direct Plan  | Invest Online
5 star
Jan-13 46.38 16.28 16.11 0.77 5,327

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.78 01-Apr-2020 - 09-Apr-2020 -14.81 11-Mar-2020 - 18-Mar-2020
Month 16.17 24-Mar-2020 - 23-Apr-2020 -28.16 20-Feb-2020 - 23-Mar-2020
Quarter 32.02 24-Mar-2020 - 23-Jun-2020 -26.28 23-Dec-2019 - 23-Mar-2020
Year 106.15 23-Mar-2020 - 23-Mar-2021 -22.57 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 23.67 18.58 1.04 1.31 0.90 10.24
VR Balanced TRI 14.39 18.22 0.55 0.64 -- --
Hybrid: Aggressive Hybrid 13.10 17.75 0.50 0.56 0.93 -0.57
Rank within category 1 30 1 1 19 1
Number of funds in category 38 38 38 38 38 38

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 33
Top 10 Holdings (%) 44.21
Top 5 Holdings (%) 27.39
Top 3 Sectors (%) 45.33
Portfolio P/B Ratio 2.69
Portfolio P/E Ratio 19.78
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.23% GOI 2027 Central Government Loan SOV 2.77 - 18.69 2.77

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ITC FMCG 19.37 9.30 0.00 8.48
new State Bank of India Financial 17.11 9.84 0.00 4.88
equal Fortis Healthcare Healthcare -- 9.15 0.00 4.83
up Rossari Biotech Chemicals 84.95 4.70 0.00 4.70
up Nureca Healthcare 241.65 5.41 0.00 4.50
new Just Dial Services 29.39 4.49 0.00 4.49
equal Stylam Industries FMCG 27.23 10.04 0.00 3.90
equal Infosys Technology 32.43 6.68 0.00 3.04
new FDC Healthcare 21.42 2.62 0.00 2.62
equal Thyrocare Technologies Healthcare 58.41 3.81 0.00 2.43
new Bharat Forge Automobile -- 2.43 0.00 2.43
new Caplin Point Laboratories Healthcare 21.18 2.29 0.00 2.29
equal Tata Steel Long Products Metals 7.68 4.17 0.00 2.22
new Jindal Steel & Power Metals 8.17 2.08 0.00 2.08
up ICICI Securities Financial 19.74 1.84 0.00 1.84
equal Bharti Airtel Communication -- 10.06 0.00 1.77
equal INEOS Styrolution India Chemicals 9.31 3.86 0.00 1.64
up EID-Parry (I) FMCG 12.71 1.59 0.00 1.59
new HFCL Communication 26.95 1.51 0.00 1.51
up Oracle Fin Ser Software Technology 18.32 3.44 0.00 1.46
equal General Insurance Corporation of India Financial 17.29 8.26 0.00 1.41
new Godrej Agrovet FMCG 33.66 3.39 0.00 1.41
new Oil & Natural Gas Corporation Energy 173.52 4.55 0.00 1.31
up Welspun India Textiles 17.75 1.25 0.00 1.25
equal Jubilant Pharmova Healthcare 14.38 1.70 0.00 1.14

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Ankit A Pande since 11-May-2020

Education: Mr. Pande has done CFA and MBA

Experience: Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.

Funds Managed:

— Sanjeev Sharma since 03-Oct-2019

Education: Mr. Sharma is a Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune.

Experience: He has total work experience of 17 years including 13 years of experience in the financial market. He specializes in identifying crucial inflexion points in securities.

Funds Managed:


0.20%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 254.0270

IDCW: ₹ 35.1837


Investment Strategy

The scheme seeks to provide long term capital appreciation and current income with a mix of fixed income securities and equity instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Quant Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 17.85%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 39 Cr (As on 31-May-2021)
Expense: 2.38% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: High
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW26-Feb-20181.0834

 01-Mar-20171.5000
 02-Feb-20161.0000
 03-Feb-20151.5000

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM