Formerly Reliance Quant DP
₹ 17.64
NAV (Mar 05)
Not Recommended
However, Scripbox does not recommend investing in sectoral / thematic - quant mutual funds.
This category has few funds and relatively small amounts invested in them.
The broad market benchmark index has performed moderately well over time however, funds in this category have underperformed the benchmark index.Quant funds depend on mathematical models to construct portfolios.Investors are therefore better off investing in diversified funds rather than this category.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
13 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
25 Cr. Negligible within the category
Category View
Poor. The category has an undesirable investment outlook
Consistency Of Performance
Relatively moderate. The historical performance of the fund has been OK
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Scheme Information
The investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
1.02 %
Expense Ratio
Apr 18, 2008
Launched (13y ago)
₹ 25
AUM in Crores
INF204K01745
ISIN
No Lock-in
Lock-in
S&P BSE 200 India TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
Comparison with Equity Funds
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About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 190,624 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 87 equity,369 debt and 34 hybrid funds.
Liquid
Recommended
Top Ranked
₹ 19,337 Cr
Fund Size
5.9%
3Y returns
Mid Cap
Recommended
Top Ranked
₹ 8,153 Cr
Fund Size
12.5%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
5.1%
3Y returns
Mid Cap
Top Ranked
₹ 8,153 Cr
Fund Size
11.2%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
3.8%
3Y returns
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Nippon India Quant Fund (DP-A) is a sectoral / thematic - quant equity fund and has delivered an annualised return of 9.7% over a period of 13 years .The fund was previously known as Reliance Quant DP.The fund is managed by Nippon Life India Asset Management Ltd.The fund managers are Arun Sundaresan, Ashutosh Bhargava, Kinjal Desai
The investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model. There is no assurance or guarantee that the investment objective of the scheme will be achieved. However, there is no assurance that the objective of the scheme will be realized.
The Nippon India Quant Fund (DP-A) fund was launched on Apr 18, 2008. The NAV (Net Asset Value) of this sectoral / thematic - quant equity as of 2021-03-05 is ₹ 17.64. The total AUM (Asset Under Management) of the fund as of 2021-03-08 is ₹ 24.218. The category risk of the Nippon India Quant Fund (DP-A) fund is Very High Risk. The fund charges 1.02 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 99.3% in this asset class. The top three holdings of the fund are reliance industries ltd shs dematerialised,icici bank ltd and hdfc bank ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 200 India TR INR
Nippon India Quant Fund (DP-A) has a score of 1 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Quant Fund (DP-A) has a score of 1 out of 5. Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.