NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Quant Focused fund Growth for NRI [86.49]

Min Investment

5,000

Fund Size

1,117.91 Cr

Expense Ratio

2.1%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

86.49

-1.25%

NAV as on 17 Dec 24, 12:00 AM

very high risk

focused fund

equity

NAV as on 17 Dec 24, 12:00 AM

very high risk

focused fund

equity

18.09%p.a.

Last 1Y

17.51%p.a.

Last 3Y

22.09%p.a.

Last 5Y

14.45%p.a.

Since Inception

About Quant Focused fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Quant Focused fund Growth scheme from Quant Money Managers Limited. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Jul 2008, Quant Focused fund Growth is Focused Fund fund of its category with 1,117.91 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.

  • Quant Focused fund Growth delivered 18.1% annual returns during the last year. It has delivered 14.4% average annual returns since the fund was launched.
  • Quant Focused fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a focused portfolio of Large Cap – ‘blue chip’ – companies. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

Reliance Industries Ltd

9.48%

ITC Ltd

9.44%

Life Insurance Corporation of India

8.07%

Grasim Industries Ltd

7.98%

Future on State Bank of India

7.89%

Larsen & Toubro Ltd

7.87%

Bajaj Finance Ltd

7.85%

Jio Financial Services Ltd

7.45%

HDFC Life Insurance Co Ltd

5.80%

NTPC Ltd

5.05%

Fund Managers

  1. Sanjeev Sharma (Jan 2017 - Present)
  2. Vasav Sahgal (Jun 2019 - Present)
  3. Ankit A. Pande (May 2020 - Present)

Key Information

View Scheme Document

A quantitatively focused fund is a type of investment vehicle that uses mathematical models and algorithms to identify and select securities for investment. These funds are often managed by a team of analysts who use computer programs and advanced statistical techniques to analyze data and identify trends in the market.

Growth funds, on the other hand, are investment vehicles that aim to achieve capital appreciation by investing in companies that are expected to grow at a faster rate than the overall market. These funds may invest in a variety of securities, including stocks, bonds, and other financial instruments, but they typically focus on companies that have a strong track record of growth or that are expected to experience rapid growth in the future.

A quantitatively focused growth fund combines these two investment strategies, using data-driven analysis to identify and select companies that are expected to experience strong growth. These funds may be suitable for investors who are looking for a higher level of risk and return potential, as they may be more volatile than other types of funds. It's important for investors to carefully consider their investment objectives and risk tolerance before deciding whether a quantitatively focused growth fund is right for them.

 


 

Quant Focused fund Growth SIP Calculator

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NRI Mutual Fund Tax on Quant Focused fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Quant Focused 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 Focused 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

Frequently Asked Questions