quant Absolute Fund-Growth Option-Direct Plan

As on 30 Jan 2025

quant Absolute Fund-Growth Option-Direct Plan

Q: What kind of returns does quant Absolute Fund-Growth Option-Direct Plan provide?

quant Absolute Fund-Growth Option-Direct Plan aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. quant Absolute Fund-Growth Option-Direct Plan had a return of 2.69% over the past 1 year.

Q: How much expense ratio is charged by quant Absolute Fund-Growth Option-Direct Plan?

The expense ratio for quant Absolute Fund-Growth Option-Direct Plan, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 30 Jan 2025, the expense ratio charged by quant Absolute Fund-Growth Option-Direct Plan is typically around 2.25 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of quant Absolute Fund-Growth Option-Direct Plan?

As of 30 Jan 2025, the Assets Under Management (AUM) of quant Absolute Fund-Growth Option-Direct Plan is approximately ₹2115.3573 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of quant Absolute Fund-Growth Option-Direct Plan?

The Net Asset Value (NAV) of quant Absolute Fund-Growth Option-Direct Plan is updated daily and reflects the per-unit value of the fund's assets. As of 30 Jan 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of quant Absolute Fund-Growth Option-Direct Plan?

The PE ratio for quant Absolute Fund-Growth Option-Direct Plan is 32.9 and the PB ratio is 5.84. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of quant Absolute Fund-Growth Option-Direct Plan?

The exit load for quant Absolute Fund-Growth Option-Direct Plan is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 418.64

CAGR (3 Years)

14.05%

AUM (Cr)

₹ 2,115.36

Risk

Very High Risk

About quant Absolute Fund-Growth Option-Direct Plan

The investment objective of the scheme is to generate income/capital appreciation by investing primarily in equity and equity related instruments with a moderate exposure to debt securities & money market instruments.

Breakdown of this Fund

Chemicals

1.94%

Debt Others

25.67%

Diamond, Gems and Jewellery

3.62%

Finance

17.91%

FMCG

18.92%

Govt. Securities

13.90%

Infrastructure Developers & Operators

10.39%

Insurance

22.09%

IT - Software

0.32%

Mutual Fund Units

0.54%

Power Generation & Distribution

20.73%

Refineries

18.97%

T Bills

14.20%

Textiles

6.30%

Tobacco Products

17.13%

Trading

7.38%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

2.25

Exit Load

For redemptions / switch outs (including SIP/STP) within 15 days from the date o...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.