Quant Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Escorts Mutual Fund. This scheme was introduced to investors on 06 Jan 2013. Pushpa Rai is the Current Fund Manager of Quant Money Market Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 08 Jul 2019 is ₹29.90.
The Quant Money Market Fund Direct Growth is rated Very Low risk. Minimum SIP Investment is 1000. Nil.
Investment Objective
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of Floating Rate Debt Securities (including floating rate securitised debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for floating rate returns). The scheme shall also invest in Fixed rate debt Securities (including fixed rate securitised debt, Money Market Instruments and Floating Rate Debt Instruments swapped for fixed returns).
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years
Negligible Tax (20% with indexation benefit) post 3 years
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment