NRI from all over the world (including U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹15.85
0.52%
NAV as on 16 Nov 24, 12:00 AM
high risk
dynamic asset allocation
hybrid (nc)
NAV as on 16 Nov 24, 12:00 AM
high risk
dynamic asset allocation
hybrid (nc)
33.61%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
37.29%p.a.
Since Inception
About Quant Dynamic Asset Allocation Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Quant Dynamic Asset Allocation Fund Growth scheme from Quant Money Managers Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Apr 2023, Quant Dynamic Asset Allocation Fund Growth is Dynamic Asset Allocation fund of its category with 1,428.3 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Quant Dynamic Asset Allocation Fund Growth delivered 33.6% annual returns during the last year. It has delivered 37.3% average annual returns since the fund was launched.
- Quant Dynamic Asset Allocation Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund Objective
The primary investment objective of the scheme is to provide capital appreciation by investing in equity and equity related instruments including derivatives and debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.
Top 10 Holdings
Reliance Industries Ltd
9.51%
ITC Ltd
9.42%
Jio Financial Services Ltd
8.81%
HDFC Life Insurance Co Ltd
7.83%
Life Insurance Corporation of India
7.73%
Larsen & Toubro Ltd
7.27%
Samvardhana Motherson International Ltd
5.83%
Hindustan Unilever Ltd
4.37%
Britannia Industries Ltd
4.11%
Manappuram Finance Ltd
2.98%
Fund Managers
- Sanjeev Sharma (Apr 2023 - Present)
- Vasav Sahgal (Apr 2023 - Present)
- Ankit A. Pande (Apr 2023 - Present)
- Sandeep Tandon (Apr 2023 - Present)
Key Information
View Scheme Document
Quant Dynamic Asset Allocation Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Quant Dynamic Asset Allocation Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Quant Dynamic Asset Allocation Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Quant Dynamic Asset Allocation Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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