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

INVEST VIA NRE/NRO

Quant Momentum Fund Growth for NRI [14.75]

Min Investment

5,000

Fund Size

2,324.38 Cr

Expense Ratio

2.0%

Exit Load

1%

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

14.75

-0.98%

NAV as on 04 Nov 24, 12:00 AM

very high risk

equity other

equity

NAV as on 04 Nov 24, 12:00 AM

very high risk

equity other

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

48.77%p.a.

Since Inception

About Quant Momentum Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Quant Momentum Fund Growth scheme from Quant Money Managers Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Nov 2023, Quant Momentum Fund Growth is Equity - Other fund of its category with 2,324.38 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Quant Momentum Fund Growth delivered 0.0% annual returns during the last year. It has delivered 48.8% average annual returns since the fund was launched.
  • Quant Momentum 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 achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

Reliance Industries Ltd

9.48%

ITC Ltd

9.26%

Future on Bajaj Finance Ltd

8.93%

Larsen & Toubro Ltd

8.19%

Life Insurance Corporation of India

7.96%

Tata Power Co Ltd

6.21%

Container Corporation of India Ltd

5.39%

HDFC Life Insurance Co Ltd

4.63%

Aurobindo Pharma Ltd

4.26%

Hindustan Unilever Ltd

4.22%

Fund Managers

  1. Sanjeev Sharma (Nov 2023 - Present)
  2. Vasav Sahgal (Nov 2023 - Present)
  3. Ankit A. Pande (Nov 2023 - Present)
  4. Sandeep Tandon (Nov 2023 - Present)

Key Information

View Scheme Document

Quant Momentum Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Quant Momentum 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 Momentum 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 Momentum 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