Quant BFSI Fund - Direct (IDCW)


Sectoral / Thematic
  • NAV 16.45 (0.15%)
  • Fund Size (Cr) ₹513.6
  • Expense Ratio 0.68
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹1000
  • Minimum Withdrawal ₹1
  • Exit Load 1%
  • Return Since Launch 64.46%

Basic Details

Scheme Manager
Sandeep Tandon
Bench Mark
Nifty Financial Services TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 10-May-24
  • 10305.87
  • 3.06%
  • -
  • 3.36%
  • 327/672
  • 1 Month
  • 16-Apr-24
  • 10331.64
  • 3.32%
  • -
  • 4.39%
  • 388/668
  • 3 Month
  • 16-Feb-24
  • 10321.53
  • 3.22%
  • -
  • 6.26%
  • 443/640
  • 6 Month
  • 17-Nov-23
  • 13357.59
  • 33.58%
  • -
  • 22.77%
  • 111/608
  • 1 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 20-Jun-23
  • 16445.6
  • 64.46%
  • 64.46%
  • 19.89%
  • 5/676

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 110000
  • 138394.32
  • 25.81%
  • 25.81%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Expected Returns Rate

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  • Invested Amount

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  • Estimated Returns

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Total of your Investment will be

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Risk Ratios

  • Standard Deviation
    4.72%
  • Beta
    0.13%
  • Sharpe Ratio
    3.03%
  • Treynor’s Ratio
    0.24%
  • Jension’s Alpha
    49.49%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Reliance Industr
  • 9.4%
  • 164500
  • 48.26
  • Equity
  • Refineries
  • Jio Financial
  • 9.26%
  • 1261010
  • 47.54
  • Equity
  • Finance
  • Life Insurance
  • 9.14%
  • 479700
  • 46.93
  • Equity
  • Insurance
  • C D S L
  • 8.83%
  • 215000
  • 45.34
  • Equity
  • Miscellaneous
  • Jana Small Finan
  • 8.41%
  • 719800
  • 43.21
  • Equity
  • Banks
  • CARE Ratings
  • 7.01%
  • 301000
  • 35.98
  • Equity
  • Credit Rating Agencies
  • Poonawalla Fin
  • 6.6%
  • 691027
  • 33.91
  • Equity
  • Finance
  • Prudent Corp.
  • 4.4%
  • 146271
  • 22.59
  • Equity
  • Finance
  • INDIA SHELTE FIN
  • 4.01%
  • 347980
  • 20.60
  • Equity
  • Finance
  • CRISIL
  • 3.18%
  • 37484
  • 16.33
  • Equity
  • Credit Rating Agencies

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Quant BFSI Fund - Direct (IDCW)
  • Stars
  • 513.6
  • 3.32%
  • 3.22%
  • 33.58%
  • -
  • -
  • SBI PSU Fund - Direct (G)
  • Stars
  • 2352.22
  • 6.87%
  • 9.01%
  • 55.92%
  • 99.50%
  • 41.16%
  • SBI PSU Fund - Direct (IDCW)
  • Stars
  • 2352.22
  • 6.87%
  • 9.01%
  • 55.91%
  • 99.48%
  • 41.16%
  • Aditya Birla SL PSU Equity Fund - Direct (IDCW)
  • Stars
  • 4115.15
  • 4.33%
  • 5.28%
  • 53.40%
  • 96.25%
  • 43.43%
  • Aditya Birla SL PSU Equity Fund - Direct (G)
  • Stars
  • 4115.15
  • 4.35%
  • 5.27%
  • 53.41%
  • 96.18%
  • 43.43%
  • Invesco India PSU Equity Fund - Direct (G)
  • Stars
  • 956.83
  • 8.49%
  • 11.22%
  • 53.63%
  • 94.27%
  • 40.59%

News

There are no new Updates!

Fund House Details & Investment Objective

  • Date of Incorporation 01-Jun-2023
  • Total AUM (Cr) ₹513.60

Quant BFSI Fund - Direct (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, Quant Mutual Fund. Launched in Jun 2023, this fund is managed by Sandeep Tandon. With assets under management (AUM) worth ₹513.60 (Cr), as of 17-May-2024, Quant BFSI Fund - Direct (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 64.46% since its launch.
The current NAV of Quant BFSI Fund - Direct (IDCW) is ₹16.45, as on 17-May-2024. The fund’s benchmark index is Nifty Financial Services TRI. You can invest in Quant BFSI Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1000 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For redemptions / switch outs (including SIP/STP) within 15 days from the date of allotment of units, irrepective of the amount of investment: 1% Nil - For redemption / switch outs after 15 days from the date of allotment.
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 73.2% in Equity, 24.41% in Debt and 2.41% in cash and cash equivalents
The top 5 sectors the fund invests in are: 33.56% in Finance, 27.56% in Capital Markets, 11.39% in Banks, 9.52% in Insurance and 8.71% in Petroleum Products.

FAQs on Quant BFSI Fund - Direct (IDCW)

Quant BFSI Fund - Direct (IDCW) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 64.46% since inception. Looking to invest in Quant BFSI Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Quant BFSI Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Quant BFSI Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Quant BFSI Fund - Direct (IDCW) today and reap the benefits of this Sectoral / Thematic fund!

In the short term, i.e., 1 year, Quant BFSI Fund - Direct (IDCW) has generated annualised return of -. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 64.46% returns.

The expense ratio of Quant BFSI Fund - Direct (IDCW) Direct Growth is 0.68%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Quant BFSI Fund - Direct (IDCW) is ₹513.60 (Cr) as of 17 May 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Quant BFSI Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Quant BFSI Fund - Direct (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Quant BFSI Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Quant BFSI Fund - Direct (IDCW). Minimum lumpsum investment Quant BFSI Fund - Direct (IDCW) is ₹5000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Quant BFSI Fund - Direct (IDCW) is ₹16.45 as on 17 May 2024.

The 5 biggest stock holdings of Quant BFSI Fund - Direct (IDCW) are:
Reliance Industr (9.4%), Jio Financial (9.26%), Life Insurance (9.14%), C D S L (8.83%), Jana Small Finan (8.41%)

A majority of Quant BFSI Fund - Direct (IDCW) 's AUM worth ₹513.60 (Cr) is invested in these 3 top sectors:

  • Finance: 33.56%
  • Capital Markets: 27.56%
  • Banks: 11.39%

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