As on 18 Sept 2024
quant Absolute Fund-Growth Option-Direct Plan
HybridNAV
₹ 474.30
CAGR (3 Years)
19.82%
AUM (Cr)
₹ 2,300.31
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
Alcoholic Beverages
12.09%
Banks
11.83%
Debt Others
28.64%
Derivatives - Index
0.25%
Diamond, Gems and Jewellery
3.67%
Finance
29.78%
FMCG
28.91%
Govt. Securities
13.99%
Insurance
27.81%
IT - Software
2.18%
Logistics
1.57%
Mutual Fund Units
0.75%
Pharmaceuticals
13.84%
Power Generation & Distribution
35.24%
Refineries
29.08%
T Bills
36.74%
Textiles
7.31%
Tobacco Products
16.37%
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.