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Quant Absolute Fund

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Hybrid: Aggressive Hybrid

1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.96 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than 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 its sharp ups and downs.

Like 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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 1.75 0.14 0.56 2.57 3.34 0.48 7.25 8.86 7.06 12.54 8.76
Hybrid: Aggressive Hybrid 1.94 0.11 1.11 2.31 5.74 5.73 10.05 9.04 7.59 11.84 10.25
Rank within category 29 20 40 13 42 41 29 19 17 9 15
Number of funds in category 44 44 44 43 43 41 39 32 25 23 21

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 36.71 (06-May-2009 - 05-Jun-2009) -23.30 (14-Jan-2008 - 13-Feb-2008)
Quarter 48.37 (30-Mar-2009 - 29-Jun-2009) -31.36 (07-Jan-2008 - 07-Apr-2008)
Year 84.06 (14-Jan-2003 - 14-Jan-2004) -50.89 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.05 10.14 0.33 0.62 0.81 -3.07
Hybrid: Aggressive Hybrid 9.64 9.97 0.40 0.62 0.85 -2.86
Rank within category 20 21 21 16 12 20
Number of funds in category 32 32 32 32 32 32

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 25
Top 10 Holdings (%) 72.59
Top 5 Holdings (%) 55.41
Top 3 Sectors (%) 59.24
Portfolio P/B Ratio 2.88
Portfolio P/E Ratio 23.61

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 17.90 - 26.03 26.03

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
equal HDFC Life Insurance Financial 91.33 8.99 0.00 8.18
equal Reliance Nippon Life Asset Management Financial 40.48 8.86 0.00 7.73
equal Ambuja Cements Construction 16.87 7.49 0.00 7.31
equal ICICI Prudential Life Insurance Co. Ltd. Financial 60.40 9.72 0.00 6.16
equal Bandhan Bank Financial 25.33 5.27 0.00 4.69
equal Metropolis Healthcare Healthcare 68.83 3.40 0.00 3.40
equal General Insurance Corporation of India Financial 99.89 8.26 0.00 3.11
down Larsen & Toubro Construction 19.36 6.64 0.00 3.01
new HDFC Bank Financial 29.93 9.16 0.00 2.98
new Vedanta Metals 7.70 4.95 0.00 2.86
equal Power Grid Corporation Energy 6.63 2.82 0.00 2.82
up Grasim Industries Construction 11.66 10.05 0.00 2.70
equal CreditAccess Grameen Financial 29.85 2.72 0.00 2.65
equal Mahindra & Mahindra Automobile 12.98 2.87 0.00 2.65
new DLF Construction 39.60 7.48 0.00 1.99
equal Biocon Healthcare 40.87 4.91 0.00 1.94
equal Bharti Airtel Communication -- 2.99 0.00 1.60
equal ICICI Lombard General Insurance Financial 56.28 1.50 0.00 1.50
new Indusind Bank Financial 20.82 3.25 0.00 1.49
new Hindalco Inds. Metals 80.78 5.93 0.00 1.44
equal Petronet LNG Energy 15.32 1.32 0.00 1.32
equal Indraprastha Gas Energy 32.10 1.06 0.00 1.06
equal Raymond Textiles 26.60 1.07 0.00 0.99
equal Britannia Inds. FMCG 60.01 1.38 0.00 0.97
equal ICICI Bank Financial 66.86 10.09 0.00 0.40

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-Dec-2019

Fund Manager

— Rochan Pattnayak since 03-Oct-2019

Education: Mr. Pattnayak has done MBA

Experience: Prior to joining Quant Mutual Fund, he has more than 10 years of professional experience in the area of equity derivatives market making, structured products and fundamental portfolio management both in India and UK.

Funds Managed:

— Sanjeev Sharma since 03-Oct-2019

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

Funds Managed:

0.14%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 142.1930

Dividend: ₹ 19.6082

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 (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Quant Mutual Fund
Launch Date: 21-Mar-2001
Return Since Launch: 15.13%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2 Cr (As on 31-Dec-2019)
Expense: 2.48% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: --
Turnover: 26.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend26-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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM

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