September 16, 2024
mayank
Quant Gilt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 11.4198
NAV IDCW: Rs 11.4202
Suitable For Which Investors?
“This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors’ money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme seeks to generate returns through investments in sovereign securities issued by the Central Government and/or State Government. However, there can be no assurance that the investment objective of the Scheme will be realized.
Fund Manager:
1) 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 | 0 |
Basic Details of Quant Gilt Fund
| Fund House | Quant Mutual Fund |
| Launch Date | 21-Dec-22 |
| Return Since Launch | 7.97% |
| Benchmark | CRISIL Dynamic Gilt Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 100 Cr |
| (As on 31-Aug-2024) | |
| Expense | 0.51% |
| (As on 31-Aug-2024) | |
| Risk Grade | Low |
| Return Grade | Below Average |
Trailing Returns (%) of Quant Gilt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Quant Gilt Dir | 6.38 | 0.11 | 0.86 | 2.50 | 4.33 | 8.24 | — | — | — | — |
| CCIL All Sovereign Bond – TRI | 9.09 | 0.25 | 1.33 | 3.34 | 5.19 | 11.32 | — | — | — | — |
| Debt: Gilt | 7.93 | 0.11 | 1.28 | 3.14 | 5.10 | 10.11 | — | — | — | — |
| Rank within category | 21 | 4 | 22 | 23 | 23 | 22 | — | — | — | — |
| Number of funds in category | 23 | 23 | 23 | 23 | 23 | 23 | 20 | 20 | 20 | 20 |
Peer Comparison of Quant Gilt 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 | |
| Quant Gilt Dir | 5 star | 8.24 | — | — | 0.51 | 100 | 7.97 | — | 1Y 8M |
| SBI Magnum Gilt Dir | 5 star | 10.26 | 7.24 | 7.65 | 0.46 | 9,501 | 9.38 | — | 11Y 8M |
| ICICI Pru Gilt Dir | 5 star | 8.73 | 6.78 | 7.82 | 0.56 | 6,390 | 8.68 | — | 11Y 8M |
| Kotak Gilt Investment Dir | 4 star | 10.38 | 6.83 | 7.65 | 0.47 | 3,643 | 8.51 | — | 11Y 8M |
| Kotak Gilt Investment PF & Trust Dir | 4 star | 10.40 | 6.83 | 7.66 | 0.40 | 3,643 | 8.46 | — | 11Y 8M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 14 | 12 |
| Macaulay Duration (yrs) | 3.78 | 8.28 |
| Average Maturity (yrs) | 5.30 | 15.72 |
| Yield to Maturity (%) | 6.92 | 7.02 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Quant Gilt Fund
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