Quant Liquid Direct Fund-Growth
(Scheme Rating)
NAV as of Aug 28, 2024
39.960.02%
- Growth - Direct
(Earn upto 0.26% Extra Returns with Direct Plan)
Fund Category:
Debt: Liquid
Expense Ratio:
0.26%(0.15% Category
average)Fund Size:
Rs. 2,600.85 Cr(0.51% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Quant Liquid Direct Fund-Growth
(Scheme Rating)
NAV as of Aug 28, 2024
39.960.02%
Expense Ratio:
0.26%
Fund Size:
Rs. 2,600.85 Cr
Fund Category:
Debt: Liquid
1. Current NAV: The Current Net Asset Value of the Quant Liquid - Direct Plan as of Aug 28, 2024 is Rs 39.96 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 7.24% (1yr), 6.06% (3yr), 5.73% (5yr) and 7.23% (since launch). Whereas, Category returns for the same time duration are: 7.12% (1yr), 5.81% (3yr) and 5.05% (5yr).
3. Fund Size: The Quant Liquid - Direct Plan currently holds Assets under Management worth of Rs 2600.85 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.26% for Direct plan as on Aug 21, 2024.
5. Exit Load: Quant Liquid - Direct Plan shall attract an Exit Load, "Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 1000.
Quant Liquid Direct Fund-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.58 1.74 3.55 7.24 6.06 5.73 Category Avg 0.56 1.70 3.50 7.12 5.81 5.05 Rank within Category 26 31 31 30 5 1 No. of funds within Category 46 44 43 42 38 37 - Loading...
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Return Comparison
- This Fund
- BenchmarkAditya Birla SL Liquid Direct-G
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
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- 1Y
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Quant Liquid Direct Fund-Growth Fund Details
Investment Objective - The scheme aims to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market and debt instruments.
Fund House | Quant Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | CRISIL Liquid Debt B-I Index |
Return Since Launch | 7.23% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | Below Average |
Quant Liquid Direct Fund-Growth Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 1,000.00 |
Minimum Withdrawal (Rs.) | 1.00 |
Exit Load Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 0.09 | 0.41 | 0.0002 | 0.1137 |
Average Maturity(Yrs) | 0.1 | 0.205 | 0.03 | 0.1188 |
Yield to Maturity(%) | 7.17 | 8.21 | 5.25 | 7.0464 |
Avg Credit Rating | Low | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 13.39 | 20.22 |
Low Risk | 73.35 | 78.58 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 13.26 | 1.21 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | - | 0.01 |
CD | 11.40 | 29.61 |
T-Bills | 13.39 | 20.19 |
CP | 61.94 | 45.89 |
NCD & Bonds | - | 3.10 |
PTC | - | - |
Cash & Others | 13.26 | 1.22 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
Reserve Bank of India | Short-term Debt | Financial | SOV | 1,999.64 | 7.69 | - |
Tata Consumer Products Ltd | Short-term Debt | Consumer Staples | A1+ | 1,484.01 | 5.71 | 1,50,00,000 |
Reserve Bank of India | Short-term Debt | Financial | SOV | 1,483.08 | 5.70 | 1,50,00,000 |
Export-Import Bank Of India | Short-term Debt | Financial | A1+ | 1,476.22 | 5.68 | 1,50,00,000 |
Shriram Finance Ltd | Short-term Debt | Financial | A1+ | 999.16 | 3.84 | 1,00,00,000 |
Bajaj Finance Ltd | Short-term Debt | Financial | A1+ | 997.01 | 3.83 | 1,00,00,000 |
National Bank For Agriculture & Rural Development | Short-term Debt | Financial | A1+ | 995.80 | 3.83 | 1,00,00,000 |
Tata Capital Housing Finance Ltd | Short-term Debt | Financial | A1+ | 993.41 | 3.82 | 1,00,00,000 |
Reliance Retail Ventures Ltd | Short-term Debt | Services | A1+ | 994.43 | 3.82 | 1,00,00,000 |
Larsen & Toubro Ltd | Short-term Debt | Construction | A1+ | 994.42 | 3.82 | 1,00,00,000 |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Quant Liquid Direct Fund-Growth 39.96 2,600.85 0.58 7.24 6.06 5.73 Mahindra Manulife Liquid Fund Direct -Growth 1,619.26 1,516.20 0.59 7.46 6.08 5.37 Union Liquid Fund Direct-Growth 2,397.96 4,309.48 0.59 7.45 6.06 5.33 Edelweiss Liquid Direct-Growth 3,212.40 5,428.32 0.59 7.50 6.06 5.37 Aditya Birla Sun Life Liquid Fund Direct-Growth 401.39 51,273.51 0.59 7.47 6.08 5.35
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
0.38VS0.46Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.77VS0.91Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.77VS0.45Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
0.38VS0.23Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
1.88VS2.06Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
5.83VS5.74Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- S.S.Sanjeev SharmaSince Oct 201918 schemes
Mr. Sharma is a Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune. 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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Quant Gilt Fund Direct - Growth Gilt 11.36 96.04 8.02 Quant Overnight Fund Direct - Growth Overnight 11.25 238.56 7.25 Quant Multi Asset Fund Direct-Growth Multi Asset Allocation 141.20 2,605.27 44.40 Quant PSU Fund Direct - Growth Thematic-PSU 12.57 Unrated 1,065.78 - Quant Consumption Fund Direct - Growth Thematic-Consumption 11.88 Unrated 327.40 - Quant Commodities Fund Direct - Growth Thematic 14.70 Unrated 446.58 - Quant Momentum Fund Direct - Growth Thematic 16.23 Unrated 2,313.13 - Quant Teck Fund Direct - Growth Sectoral-Technology 14.21 Unrated 452.65 - Quant Manufacturing Fund Direct - Growth Thematic 17.76 Unrated 1,014.28 73.76 Quant Healthcare Fund Direct - Growth Sectoral-Pharma 17.43 Unrated 348.91 65.00 Quant BFSI Fund Direct - Growth Sectoral-Banking 17.60 Unrated 653.45 54.15 Quant Business Cycle Fund Direct-Growth Thematic 19.25 Unrated 1,509.10 67.37 Quant Dynamic Asset Allocation Fund Direct - Growth Dynamic Asset Allocation 17.87 Unrated 1,334.25 60.05 Quant Large Cap Fund Direct - Growth Large Cap 16.41 Unrated 1,894.62 50.17 Quant Value Fund Direct - Growth Value Oriented 22.85 Unrated 2,086.60 73.05 Quant Quantamental Fund Direct - Growth Thematic 26.57 Unrated 2,673.51 59.43 Quant ESG Equity Fund Direct - Growth Thematic-ESG 39.91 Unrated 314.71 56.93 Quant Flexi Cap Fund Direct-Growth Flexi Cap 119.68 Unrated 7,435.74 58.77
More Quant Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Quant Small Cap Fund Direct Plan-Growth | 21,242.79 | 6.88 | 19.09 | 28.66 | 67.70 | 36.20 | |
Quant Active Fund Direct-Growth | 10,204.01 | 6.14 | 17.56 | 27.30 | 55.00 | 27.90 | |
Quant ELSS Tax Saver Fund Direct-Growth | 9,860.39 | 5.90 | 16.25 | 27.42 | 60.63 | 29.77 | |
Quant Mid Cap Fund Direct-Growth | 7,952.99 | 5.60 | 20.15 | 34.98 | 75.76 | 36.33 | |
Quant Flexi Cap Fund Direct-Growth | 6,272.21 | 6.93 | 16.37 | 30.74 | 62.90 | 29.33 | |
Quant Infrastructure Fund Direct-Growth | 3,564.61 | 5.87 | 18.38 | 39.64 | 82.77 | 39.14 | |
Quant Large and Mid Cap Fund Direct-Growth | 2,954.58 | 6.07 | 17.70 | 32.25 | 69.88 | 32.28 | |
Quant Liquid Direct Fund-Growth | 2,625.41 | 0.61 | 1.79 | 3.65 | 7.20 | 5.85 | |
Quant Quantamental Fund Direct - Growth | 2,408.60 | 5.12 | 16.29 | 31.72 | 65.03 | 35.51 | |
Quant Multi Asset Fund Direct-Growth | 2,400.49 | 2.93 | 11.75 | 26.03 | 51.04 | 26.94 |
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1. Quant Liquid - Direct Plan is Open-ended Liquid Debt scheme which belongs to Quant Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market and debt instruments. "
2. It is benchmarked against CRISIL Liquid Debt B-I Index.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of Quant Liquid - Direct Plan is 0.1 years and Duration is 0.09041096 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on Quant Liquid Direct Fund-Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Quant Liquid Direct Fund-Growth
- Is it safe to invest in Quant Liquid - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Quant Liquid - Direct Plan comes under Moderate risk category.
- What is the category of Quant Liquid - Direct Plan?Quant Liquid - Direct Plan belongs to the Debt : Liquid category of funds.
- How Long should I Invest in Quant Liquid - Direct Plan?The suggested investment horizon of investing into Quant Liquid - Direct Plan is <3 month. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Quant Liquid - Direct Plan?The Quant Liquid - Direct Plan is managed by Sanjeev Sharma (Since Oct 03, 2019).
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