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
₹85.65
0.41%
NAV as on 17 Nov 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
focused fund
equity
28.87%p.a.
Last 1Y
15.36%p.a.
Last 3Y
21.01%p.a.
Last 5Y
14.70%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 1,120.71 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- Quant Focused fund Growth delivered 28.9% annual returns during the last year. It has delivered 14.7% 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
ITC Ltd
9.66%
Reliance Industries Ltd
9.38%
Grasim Industries Ltd
8.24%
Bajaj Finance Ltd
8.20%
Larsen & Toubro Ltd
7.64%
Life Insurance Corporation of India
7.54%
Jio Financial Services Ltd
7.29%
HDFC Life Insurance Co Ltd
6.34%
NTPC Ltd
5.66%
Adani Enterprises Ltd
4.44%
Fund Managers
- Sanjeev Sharma (Jan 2017 - Present)
- Vasav Sahgal (Jun 2019 - Present)
- 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 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 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
Similar Funds
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SBI Focused Equity Fund Growth
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7.7%
HDFC Focused 30 Fund Growth
very high risk | equity
22.0%
Axis Focused Fund Growth
very high risk | equity
2.1%
Frequently Asked Questions
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