With Over 87% SIP Returns In 5 Years, This Aggressive Hybrid Fund Is Good To Invest

Hybrid funds have gained a lot of momentum from investors this year as a favourite investing alternative. These funds assist investors in diversifying their investments over several asset classes, allowing them to earn maximum profits while assuming a lower risk. Hybrid funds that are aggressive invest in a mix of equities and debt. In a volatile market, the debt portion of the portfolio provides protection. These plans allow you to divide your assets between equity and debt. They also rebalance the portfolio on a regular basis while providing tax benefits. One such fund is Quant Absolute Fund. This fund is rated by CRISIL and gives good returns on SIP.

Quant Absolute Fund - Direct Plan-Growth

It is an open-ended Aggressive Hybrid mutual fund scheme launched in January 2013 by the Quant Mutual Fund. The fund's Assets Under Management are worth Rs 200.37 Crores. The NAV (Net Assets Value) of the fund as of 17th March 2022 is Rs 282.233. Its expense ratio is very high, 2.15%, almost double of its category average returns. Looking at the fund size, it is a small fund of its category. The fund is managed by Sanjeev Sharma and Ankit A Pande. It is a highly risky fund. However, it has given good returns among its peer's funds. Rating agency CRISIL rated this fund 5-star. The minimum investment amount required to start investing in this fund is Rs 1,000 and for SIP investment Rs 1,000 is required as well. It has no exit load. 

Absolute and Annualised Returns

Lump-Sum Investment Returns

Investment Tenure	Absolute Returns	Annualised Returns
1 Year	33.91%	33.91%
2 Year	142.20%	55.63%
3 Year	107.90%	27.54%
5 Year	149.21%	20.02%
Since Inception	344.46%	17.61%

SIP Investment Returns

SIP Tenure	Absolute Returns	Annualised Returns
1 Year	7.40%	14.04%
2 Year	45.70%	41.02%
3 Year	64.58%	35.21%
5 Year	87.22%	25.38%

Source - Money Control

Portfolio

The equities investment is 78.13 percent, with 54.63 percent in large-cap stocks, 10.8% in mid-size stocks, and 10.76 percent in small-cap stocks. Debt makes up 9.39 percent of the fund's holdings, with Government securities accounting for 9.39 percent.

The fund's debt part has a very low credit rating, meaning that the borrowers to whom it has borrowed money are of poor quality. The equity part of the fund is predominantly invested in the financial, services, construction, consumer staples, metals, and mining industries.

In comparison to other funds in the category, it has less exposure to the Financial and Services industries.

GOI, Vedanta Ltd., ITC Ltd., ICICI Bank Ltd., Adani Ports, and Special Economic Zone Ltd. are the fund's top five holdings.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.