September 17, 2024
mayank
Quant Momentum Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 16.1654
NAV IDCW: Rs 16.1505
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Fund’s Investment Strategy:
The scheme seeks to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. There is no assurance that the investment objective of the Scheme will be realized.
Fund Manager:
1) Ankit A Pande
Education: Mr. Pande has done CFA and MBA
Experience: Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.
2) Sandeep Tandon
Education: Mr. Tandon has done MBA (Finance)
Experience: Prior to joining Quant Mutual Fund, he has worked with ICICI Securities as Vice President, The Economic Times and IDBI AMC.
3) Vasav Sahgal
Education: B.Com. and CFA
Experience: Prior to joining Quant Mutual Fund, he has worked with Eqestar capital as Equity Research Analyst.
4) Sanjeev Sharma
Education: Mr. Sharma is a Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune.
Experience: He has total work experience of 17 years including 13 years of experience in the financial market. He specializes in identifying crucial inflexion points in securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 15 days |
Basic Details of Quant Momentum Fund
| Fund House | Quant Mutual Fund |
| Launch Date | 20-Nov-23 |
| Return Since Launch | 61.65% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,351 Cr |
| (As on 31-Aug-2024) | |
| Expense | 0.74% |
| (As on 31-Aug-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Quant Momentum Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Quant Momentum Dir | 43.04 | -0.30 | 2.06 | 4.94 | 22.85 | — | — | — | — | — |
| BSE 500 TRI | 24.20 | 0.12 | 3.88 | 8.16 | 21.46 | — | — | — | — | — |
Peer Comparison of Quant Momentum Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Quant Momentum Dir | Unrated | — | — | — | 0.74 | 2,351 | 61.65 | 1.00 (15) | 9M | — |
| ICICI Pru India Opportunities Dir | Unrated | 42.95 | 29.56 | 31.44 | 0.57 | 23,840 | 26.82 | 1.00 (365) | 5Y 8M | 90.00 |
| HDFC Manufacturing Dir | Unrated | — | — | — | 0.37 | 13,278 | 12.61 | 1.00 (30) | 4M | — |
| ICICI Pru Business Cycle Dir | Unrated | 42.65 | 25.24 | — | 0.73 | 11,535 | 27.96 | 1.00 (30) | 3Y 7M | 40.00 |
| SBI Innovative Opportunities Dir | Unrated | — | — | — | 0.52 | 7,837 | 2.65 | 1.00 (365) | 28D | 22.00 |
Portfolio Analysis of Quant Momentum Fund
| No. of Stocks | 23 |
| Top 10 Stocks | 65.16% |
| Top 5 Stocks | 41.29% |
| Top 3 Sectors | 44.00% |
| Portfolio P/B Ratio | 3.80 |
| Portfolio P/E Ratio | 28.33 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,13,734 | 1,32,410 |
| Giant (%) | 45.66 | 40.60 |
| Large (%) | 32.11 | 25.20 |
| Mid (%) | 17.74 | 28.11 |
| Small (%) | 4.49 | 12.71 |
| Tiny (%) | — | 0.42 |
Chanakya’s Mutual Fund Guidance For Quant Momentum Fund
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