Quant Money Market Fund Direct Growth+0.02%

5Groww
8.19%
1 Year Return
Debt
Liquid
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Quant Money Market Fund Direct Growth

RiskVery Low
Min SIP AmountNot Supported
Expense Ratio0.11%
NAV30.49 (13 Oct 2019)
Fund Started06 Jan 2013
Fund Size21 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Quant Money Market Fund Direct Growth
8.2%
7.4%
8.1%
8.7%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Risk-adjusted returns are higher compared to the category
    3. Risk is lower compared to the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Net Receivables/(Payable)Current AssetsNet Receivables/(Payables)36.4%
    11.52 India Infoline Housing Finance Ltd. Dec 26 2018 Financial ServicesDebentures11.3%
    Himadri Speciality Chemical Ltd. (59D)ChemicalsCP9.3%
    Karvy Stock Broking Ltd (61D)Financial ServicesCP9.2%
    Time Technoplast Ltd. (91D)Industrial ManufacturingCP9.2%
    Action Construction Equipment Ltd. (63D)Industrial ManufacturingCP7.0%
    Eveready Industries India Ltd. (63D)Consumer GoodsCP7.0%
    6.05 GOI Jun 12 2019 SovereignGilt5.7%
    7.16 GOI May 20 2023 SovereignGilt4.7%
    9.5 Blue Dart Express Ltd. Nov 20 2019 ServicesDebentures0.1%
    See All

    Fund Managers

    addGaurav Balre
    Education
    Mr. Balre has done MBA & Passed CFA level 3
    Experience
    Prior to joining Quant Money Managers Limited he has 12 years of experience in financial services, primarily in fixed income.
    Funds Managed

    Other Details

    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 13 Oct 2019 is ₹30.49.

    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
    Nil
    Exit Load

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    About Escorts Mutual Fund

    Address
    Premises No. - 2/90, Block – P, Connaught Circus, New Delhi 110001
    Phone
    011-43587415, 43587420
    Launch Date
    14 Apr 1996
    Website
    NA
    Escorts Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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