Quant Mutual Fund made its debut in the market in 2017, and its parent company is Quant Capital Finance & Investment Pvt. Ltd. This mutual fund house is known for its exceptional research and analysis using advanced technology.
In this article, you will read about the top seven mutual fund schemes offered by Quant Mutual Fund. The schemes are selected on the basis of consistency in providing a return to the investors, level of downside protection, and certain other factors.
Quant Tax Fund:
This fund is an equity-linked savings scheme (ELSS) fund that primarily invests in equity and equity-related investment instruments. The fund has been offering a return of around 21.1 since inception, while its 5-year return is also around 22.5%, one of the highest amongst equity schemes.
The returns are way higher than the category average in most scenarios. You can start investing in this fund with just Rs. 500 via SIP. If you invest in this fund, your investments will be a lock-in for 3 years which is a mandatory lock-in period. Being an equity fund, it carries high-risk factors as well. The current expense ratio of the fund is 0.57%.
Quant Mid-cap Fund:
The second best scheme offered by quant is their Quant Mid-cap fund which is an open-ended fund. This fund invests mostly in mid-cap stocks, and its benchmark index is the Nifty Mid-cap 150 Index. Its 3-year annualised return is around 38.47% which is quite higher or, to be precise double the category average.
The fund has a low expense ratio as well, which is 0.63% at present, and no exit load. However, if the fund is redeemed within 90 days of purchase, then an exit load of a nominal 0.5% will be levied. The investment objective of the fund is to generate a return and capital appreciation.
Quant Flexi-cap Fund:
As a Flexi-cap fund, there are investments across large-cap, mid-cap, and small-cap stocks. The fund was started in 2008, and all these years, it has offered an average return of 18.7%. Its 3-year annualized return is 36.7% which is more than double the category average. Its 99% asset is invested in equity and equity-related instruments. The expense ratio of the fund is only 0.58% at present which is quite lower compared to other funds. To invest in this fund, you need Rs. 1000 per month to invest via SIP.
Quant Infrastructure Fund:
This fund predominantly invests in the companies which deal in the infrastructure business. The fund is meant for investors looking for the long-term growth of their investments via capital appreciation. Since its launch in 2007, it has generated an average return of 16.4%, and the 3-year annualised return is 40% which is triple the category average.
The fund has invested 98.8% of its assets in equity assets of infrastructure companies. You need to bear the expense ratio of 0.64% if you invest in this fund. There is usually no exit load until and unless you redeem your investments within 90 days of your purchase, then a 0.5% exit load will be applicable.
Quant Active fund:
This is a multi-cap fund that invests across stocks of different market capitalisations. The minimum investment criteria for each large-cap, mid-cap, and small-cap is 25% of the fund, while it can go up to 50% of the AUM of the fund.
The fund has generated an average return of 20.4% since inception, the 3-year annualised return is 36.8%, and the 5-year annualised return is 22.5%. The fund has 18.9% assets in services and 15.3% in consumer staples as the top two asset allocations by sector. The expense ratio of the fund is 0.58% at present, with no exit load.
Quant Liquid Fund:
This is a debt fund that invests in money market instruments or highly liquid debt instruments. The average return offered by the fund over the years since inception is 7.3%. Its 3-year annualised return is 5%, and 5.9% is a 5-year annualised return. The fund has 81.8% of its assets invested in debt instruments, while the remaining is in cash instruments.
One thing to observe here is the fund has invested around 60% of its assets in debt instruments of financial corporations. It has a very low expense ratio of only 0.29%, and the exit load varies as per redemption period. For instance, the exit load is 0.007% if you redeem the fund within 1 day, while it will be 0.0055% if you redeem the fund within 4 days, so it varies.
Quant small-cap Fund:
Finally, the seventh best fund of Quant Mutual Fund is Quant small-cap fund which invests predominantly in stocks of small-cap companies. It is one of the oldest funds, which was launched in 1996, and since then, the average return offered by this fund is 15.2%. The 3-year annualised return offered by the fund is 50.3% which is 3 times the category average, and even the 5-year annualised return is higher than that of the category average, making this fund a star in the category. The fund comes within an expense ratio of 062%, which is quite nominal for an equity fund, and there is no exit load if redeemed after 1 year, and if you redeem within 1 year of purchase, then a 1% exit load will be applicable.
So, if you want to invest in any of Quant mutual fund scheme, then these seven you can consider. They have been offering consistent returns over time, and as you can see, the returns are way higher than category averages.