Quant Active Fund Direct-Growth: NAV, Review, Holding & Performance (2024)

Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.

However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.

At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.

In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.

The Quant Active Fund is a 11 yrs 2 m old fundand has delivered average annual returns of 21.43% since inception.

Quant Active Fund Returns

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Quant Active Fund for Mar 22, 2024 is 653.4926.

Quant Active Fund has an ET Money Rank of #3 of 7 and a consistency rating of 4.5.

This indicates the fund has delivered above-average returns with exceptional consistency. All this means Quant Active Fund can be a good addition to your portfolio

On ET Money, Investing in Quant Active Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

1. Click on the Invest Now Button present on the top right-hand side.
2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
4. That's it. Your SIP or one-time investment in Quant Active Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Quant Active Fund is 0.71%..

Redeeming your investments in Quant Active Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Quant Active Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Quant Active Fund is ₹8,467 Crs.

The Quant Active Fund has invested the majority of its money in the stocks of the following companies -

The Quant Active Fund has primarily invested in the following sectors