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If the three-year annualised returns of about 42% is to be considered, then Quant Active Fund-Growth has emerged as one of the leading performers in the multi-cap categories.
The Quant Active Fund-Growth has an asset under management (AUM) of Rs 3,687.61 crore. It has delivered a compound annual growth rate (CAGR) of 18.78% in the past five years. The minimum investment in Quant Active Fund-Growth is Rs 5,000 and the minimum systematic investment plan (SIP) is Rs 1,000.
The core investment objective of the Quant Active Fund-Growth scheme is to aim toward the generation of capital appreciation while offering long-term growth opportunities. This is done by investing in a portfolio of large-, mid- and small-cap companies. However, whether it will be realised or not, there is no particular assurance related to the investment objective.
The Quant Active Fund-Growth has a 98.93% investment in domestic equities. About 38.85% is in large-cap, 16.06% is in mid-cap and 19.46% is in small-cap stocks.
A few of the mega sectors in which the fund is invested include chemicals, regional banks, manufacturing, construction services and oil and gas industries. Generally, Quant Active Fund is swift to shift allocation among market capitalisations and sectors while reacting to market scenarios.
Quant Active Fund-Growth has maintained a strong position in the mid-cap fund category for the past five quarters. With an exit load of 0.00% and an expense ratio of 2.33%, Quant Active Fund-Growth is appropriate for investors who want to hold their investments for an extended period.
While adhering to an active investment strategy, the volatility recorded by Quant Active Fund-Growth is higher than the benchmark and most of the similar funds in the category. The consistent respectable returns that the fund has managed to generate have aided in it scoring high on parameters such as risk-reward.
However, an investor should be ready to face higher volatility considering the 50% allocation that is mandatorily made to mid or small-cap companies.
Rajiv is an independent editorial consultant for the last decade. Prior to this, he worked as a full-time journalist associated with various prominent print media houses. In his spare time, he loves to paint on canvas.
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