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
₹22.33
0.43%
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity other
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity other
equity
30.68%p.a.
Last 1Y
24.19%p.a.
Last 3Y
0.00%p.a.
Last 5Y
27.56%p.a.
Since Inception
About Quant Quantamental Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Quant Quantamental 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 May 2021, Quant Quantamental Fund Growth is Equity - Other fund of its category with 2,428.23 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 Quantamental Fund Growth delivered 30.7% annual returns during the last year. It has delivered 27.6% average annual returns since the fund was launched.
- Quant Quantamental 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 investment objective of the Scheme is to deliver superior returns as compared to the underlying benchmark over the medium to long term through investing in equity and equity related securities. The portfolio of stocks will be selected, weighed and rebalanced using stock screeners, factor based scoring and an optimization formula. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
Reliance Industries Ltd
9.53%
ITC Ltd
9.37%
Larsen & Toubro Ltd
8.91%
Life Insurance Corporation of India
8.48%
Bajaj Finance Ltd
7.88%
Jio Financial Services Ltd
6.41%
Britannia Industries Ltd
5.40%
Adani Power Ltd
5.27%
Piramal Enterprises Ltd
4.56%
Hindustan Unilever Ltd
4.14%
Fund Managers
- Sanjeev Sharma (May 2021 - Present)
- Vasav Sahgal (May 2021 - Present)
- Ankit A. Pande (May 2021 - Present)
- Sandeep Tandon (May 2021 - Present)
Key Information
View Scheme Document
Quant Quantamental Fund Growth SIP Calculator
If invested
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For a period of
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₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Quant Quantamental 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 Quantamental 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 Quantamental 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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