Quant Active Fund – Direct Plan-Growth
It is an open-ended multi-cap fund of Quant Mutual Fund. It is a small fund in its category. The current AUM of this fund is 2106.97 crores. Its NAV as on 19th April 2022 is Rs 453.7249. It has an expense ratio of 0.5 per cent, which is lower than its category average expense ratio when compared. The fund is currently managed by Sanjeev Sharma and Ankit A Pandey.
low risk fund
It is a low risk fund. Since the fund is a multi-cap fund, it has a diversified portfolio of large cap, mid cap and small cap firms. The fund seeks to raise capital and provide profits over the long term. Crisil has given it a 5-star rating. The minimum lump sum investment amount required for this fund is Rs 5000, while it is Rs 1000 for SIP. There is no lock-in period as well as zero exit load.
return of fund
If we look at the absolute return on the amount invested in this fund, then 41.28 percent in 1 year, 183.58 percent in 2 years, 142.85 percent in 3 years, 200.62 percent in 5 years and 513.99 percent since inception. The annual return on one-time investment has been 41.28 per cent in 1 year, 68.16 per cent in 2 years, 34.34 per cent in 3 years, 24.61 per cent in 5 years and 21.59 per cent since inception.
Check SIP Returns
If we look at the absolute return on SIP of the fund, it has been 14.28 percent in 1 year, 60.52 percent in 2 years, 91.87 percent in 3 years and 120.73 percent in 5 years. The annual return on SIP has been 27.59 percent in 1 year, 53.18 percent in 2 years, 47.26 percent in 3 years and 32.31 percent in 5 years.
The fund has 93.18 per cent exposure to equities. Of these, 37.24 percent is in large-cap, 13.46 percent in mid-cap and 28.38 percent in small-cap stocks. It has the majority of investments in the services, construction, consumer staples, financial, metals and mining sectors. Vedanta Limited, ITC Limited, State Bank of India, Linde India Limited, and Larsen & Toubro Limited are the top five holdings of the fund. New investors should keep in mind that investing in mutual fund schemes carries risk. Certainly, the reputation and stability of a fund house has its value, but it can reduce but not eliminate risk. So choose the mutual fund scheme that matches your financial goals, investment size and risk profile. For example, if you are a conservative investor who wants to invest for a few days or weeks, you should opt for liquid funds like debt mutual funds.