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NAV as of ( Sep 09, 2022 )
₹ 323.51 -0.01 % 1-D Change
You get upto 1.75% extra returns
ET Money Rank
Out of 30
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||2 Out of 30|
|Expense ratio||0.56% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 583 Crs|
|Age||9 yrs 8 m Since Jan 01, 2013|
|Benchmark||CRISIL Hybrid 35+65 Aggressive|
SIP ₹ 1000 &
Lumpsum ₹ 5000
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You would have earned ₹ 1,001 more by investing in ET Money Direct Plan
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 64.41%
Mid Cap 11.16%
Small Cap 3.7%
Other Cap -0%
Consumer Staples 11.46%
Cash & Call Money 9.18%
GOI Securities 11.36%
Central Government Loan 0.18%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Quant Absolute Fund||19.95%|
|ICICI Prudential Equity & Debt Fund||14.88%|
|ICICI Prudential Thematic Advantage Fund (FOF)||14.51%|
|Baroda BNP Paribas Aggressive Hybrid Fund||13.84%|
|Canara Robeco Equity Hybrid Fund||12.97%|
|Edelweiss Aggressive Hybrid Fund||12.67%|
Sign-up for free to compare fund with aggressive hybrid funds
|Period||Trailing returns||Category average||Rank within category|
|1 month||5.9%||2.01%||1 / 31|
|3 months||17.52%||12.49%||1 / 31|
|6 months||17.24%||7.17%||1 / 31|
|1 year||17.38%||4.85%||1 / 31|
|3 years||33.8%||17.81%||1 / 29|
|5 years||19.95%||11.6%||1 / 23|
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
HYBRID AGGRESSIVE HYBRID
The scheme seeks to provide long term capital appreciation and current income with a mix of fixed income securities and equity instruments.
Ankit A Pande
Mr. Pande has done CFA and MBA
Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.
B.Com. and CFA
Prior to joining Quant Mutual Fund, he has worked with Eqestar capital as Equity Research Analyst.
As on Jun 30, 2022
The Quant Absolute Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 18.31% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Quant Absolute Fund for Sep 09, 2022 is 323.51 .
Quant Absolute Fund has an ET Money Rank of # 2 of 30 and a consistency rating of 5 .
This indicates the fund has not only delivered solid returns in the past but has done so with exceptional consistency. All this means Quant Absolute Fund can be a good addition to your portfolio.
On ET Money, Investing in Quant Absolute Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Quant Absolute Fund is 0.56%. .
Redeeming your investments in Quant Absolute Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Quant Absolute Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Quant Absolute Fund is ₹583 Crs.
The Quant Absolute Fund's equity portion has been invested in the stocks of the following companies
|Company||Percentage of Portfolio|
|ICICI Bank Ltd.||5.94%|
|State Bank of India||5.37%|
|Ambuja Cements Ltd.||4.52%|
|Adani Ports and Special Economic Zone Ltd.||4.47%|
|Adani Enterprises Ltd.||4.29%|
|Bharti Airtel Ltd.||3.91%|
|National Thermal Power Corp. Ltd.||3.7%|
The Quant Absolute Fund's equity portion is primarily invested in the following sectors -
|Sector||Percentage of Portfolio|
The credit rating of the instruments in which the fund invests represents the quality of the borrower.The Quant Absolute Fund's debt portion's allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||9.18%|
The top 3 debt holdings of Quant Absolute Fund are as follows
|Holding Name||Percentage of Portfolio|