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
₹13.13
2.28%
NAV as on 17 Nov 24, 12:00 AM
very high risk
sector technology
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
sector technology
equity
33.83%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
26.19%p.a.
Since Inception
About Quant Teck Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Quant Teck Fund Growth scheme from Quant Money Managers Limited. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Sep 2023, Quant Teck Fund Growth is Sector - Technology fund of its category with 451.12 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.
- Quant Teck Fund Growth delivered 33.8% annual returns during the last year. It has delivered 26.2% average annual returns since the fund was launched.
- Quant Teck 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 consistent returns by investing in equity and equity related instruments of technology-centric companies. 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
9.55%
Jio Financial Services Ltd
9.21%
Sun TV Network Ltd
8.97%
Just Dial Ltd
8.57%
Tata Communications Ltd
8.36%
HFCL Ltd
8.04%
Coforge Ltd
7.74%
Birlasoft Ltd
6.81%
eClerx Services Ltd
6.65%
Info Edge (India) Ltd
4.81%
Fund Managers
- Sanjeev Sharma (Sep 2023 - Present)
- Vasav Sahgal (Sep 2023 - Present)
- Ankit A. Pande (Sep 2023 - Present)
- Sandeep Tandon (Sep 2023 - Present)
Key Information
View Scheme Document
Quant Teck Fund Growth SIP Calculator
If invested
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 Teck 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 Teck 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 Teck 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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