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5 star

Quant Absolute Fund


1 Lakh

Investment Grown to
₹ 2.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.38 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 44.23 -2.49 -1.34 -0.48 7.32 15.39 59.15 28.49 20.62 15.88 18.21
VR Balanced TRI 20.19 -2.54 -3.62 -5.85 2.48 11.43 28.09 16.61 15.44 11.10 13.76
Hybrid: Aggressive Hybrid 23.99 -2.11 -2.82 -3.29 3.78 12.04 31.87 15.66 13.11 10.85 14.20
Rank within category 3 48 3 4 4 7 2 1 1 1 1
Number of funds in category 48 49 49 49 49 49 47 40 31 26 24

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Quant Absolute Fund
5 star
Mar-01 59.15 28.49 20.62 2.48% 106
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 28.97 17.17 14.23 1.66% 48,043
ICICI Prudential Equity & Debt Fund  | Invest Now
4 star
Nov-99 52.92 19.26 15.58 1.80% 18,740
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 28.58 18.50 14.09 1.86% 7,559
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 25.79 17.65 14.95 1.93% 6,901

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 21.30 13-May-2009 - 20-May-2009 -20.72 15-Jan-2008 - 22-Jan-2008
Month 36.71 06-May-2009 - 05-Jun-2009 -28.27 20-Feb-2020 - 23-Mar-2020
Quarter 48.37 30-Mar-2009 - 29-Jun-2009 -31.36 07-Jan-2008 - 07-Apr-2008
Year 104.76 23-Mar-2020 - 23-Mar-2021 -50.89 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 26.93 18.12 1.27 1.50 0.85 10.37
VR Balanced TRI 18.85 17.75 0.84 0.97 -- --
Hybrid: Aggressive Hybrid 17.26 16.68 0.81 0.85 0.89 0.05
Rank within category 1 35 1 1 10 1
Number of funds in category 41 41 41 41 41 41

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

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 30
Top 10 Holdings (%) 63.08
Top 5 Holdings (%) 42.83
Top 3 Sectors (%) 53.76
Portfolio P/B Ratio 2.32
Portfolio P/E Ratio 19.12
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 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 18.94 16.91
equal 8.23% GOI 2027 Central Government Loan SOV 1.02 - 7.83 1.02

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 Larsen & Toubro Construction 28.52 7.94 0.00 7.94
up ITC FMCG 19.34 8.48 0.00 7.62
up State Bank of India Financial 14.65 9.84 0.00 5.73
equal Vedanta Metals 7.08 5.74 0.00 4.63
equal Reliance Industries Energy 31.22 8.54 0.00 4.39
equal HDFC Bank Financial 24.13 9.16 0.00 4.13
equal Bank of India Financial 9.30 5.55 0.00 4.03
equal Indiabulls Real Estate Construction 40.80 6.28 0.00 3.99
equal Adani Ports and Special Economic Zone Services 28.69 5.71 0.00 3.71
equal Britannia Inds. FMCG 53.74 4.19 0.00 3.52
equal Prestige Estates Projects Construction 11.57 4.30 0.00 3.37
equal ICICI Bank Financial 23.61 10.09 0.00 3.20
equal Godrej Agrovet FMCG 32.60 6.04 0.00 2.79
equal Sun TV Network Services 12.17 2.78 0.00 2.78
up Container Corporation Of India Services 47.64 2.24 0.00 2.24
equal Macrotech Developers Construction -- 2.29 0.00 2.04
equal Linde India Chemicals 42.37 2.44 0.00 1.95
new Adani Enterprises Services 180.97 2.85 0.00 1.75
equal Stylam Industries FMCG 27.60 10.04 0.00 1.54
new Escorts Automobile 27.91 1.33 0.00 1.33
new Bank of Baroda Financial 12.07 7.09 0.00 1.03
equal EID-Parry (I) FMCG 17.10 1.78 0.00 0.94
new Union Bank of India Financial 6.47 2.20 0.00 0.75
equal Caplin Point Laboratories Healthcare 20.99 2.29 0.00 0.72
equal Sumitomo Chemical India Chemicals 49.57 3.12 0.00 0.61

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-Oct-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:


-2.49%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 273.8322

IDCW: ₹ 37.7599


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: 21-Mar-2001
Return Since Launch: 17.34%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 106 Cr (As on 31-Oct-2021)
Expense: 2.48% (As on 31-Oct-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
 01-Aug-20110.2000
 04-May-20102.0000
 26-Mar-20083.0000
 23-Mar-20072.0000
 27-Mar-20064.0000
 22-Mar-20057.0000
 17-Dec-20034.5000
 21-Mar-20021.0000

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

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Time12:30 PM - 01:00 PM

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