Quant Absolute Fund

download factsheet

Value Research Rating

5 star

Analyst’s Choice

premium-user

Riskometer

fund-quick-summary-circle

Very High

₹413.7824 -0.81%

As on 25-Oct-2024

Returns

to
loading...

Calculate SIP Returns of Quant Absolute Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Very High risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Quant Absolute Fund

Asset Allocation

Split between different types of investments

loading...

Market Cap Weightage

Split between categories of Equity investments

loading...

Peer Comparison

Other details of Quant Absolute Fund

Assets info

₹2,352 Cr

Exit Load (Days) info

1.00 (15)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

Investment Strategy

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

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.

Capital Gains Taxation

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
  • 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 20%.
  • No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

Dividend Taxation

  • 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.
loading...
loading...
loading...
loading...
loading...
loading...

FAQ for Quant Absolute Fund

Quant Absolute Fund invests 65-80 per cent of its assets in equity stocks and the remaining 20-35 per cent in bonds.

Mutual funds can be bought directly from the website of the fund house. For instance, Quant Absolute Fund fund can be purchased from the website of Quant Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Quant Absolute Fund is ₹413.7824 as of 27-Oct-2024.

The AUM of Quant Absolute Fund Fund is ₹2,352 Cr as of 30-Sep-2024

The riskometer level of Quant Absolute Fund is Very High. See More

Company Percentage of Portfolio

Reserve Bank of India T-Bills 364-D 26/12/2024

4.19

National Bank For Agriculture & Rural Development CD 07/02/2025

4.14

Small Industries Devp. Bank of India Ltd CD 07/02/2025

3.11

Maharashtra State SDL 7.23 04/09/2035

2.15

Reserve Bank of India T-Bills 364-D 08/05/2025

2.05
See More

As of 30-Sep-2024, Quant Absolute Fund had invested 75.82% in Equity, 20.41% in Debt and 3.77% in Cash & Cash Eq. See More

Quant Absolute Fund is 23 years 7 months old. It has delivered 17.08% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
32.27%
15.01%
24.10%
18.39%
15.87%
17.08%

No, There is no lock in period in Quant Absolute Fund.

The expense ratio of Quant Absolute Fund is 1.99.