NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Quant Business Cycle Fund Growth for NRI [16.56]

Min Investment

5,000

Fund Size

1,236.83 Cr

Expense Ratio

2.1%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

16.56

-0.33%

NAV as on 26 May 24, 12:00 AM

very high risk

equity other

equity

NAV as on 26 May 24, 12:00 AM

very high risk

equity other

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

61.81%p.a.

Since Inception

About Quant Business Cycle Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Quant Business Cycle Fund Growth scheme from Quant Money Managers Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on May 2023, Quant Business Cycle Fund Growth is Equity - Other fund of its category with 1,236.83 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Quant Business Cycle Fund Growth delivered 0.0% annual returns during the last year. It has delivered 61.8% average annual returns since the fund was launched.
  • Quant Business Cycle 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

To generate long-term capital appreciation by investing with focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Top 10 Holdings

Reliance Industries Ltd

9.44%

Housing & Urban Development Corp Ltd

7.62%

Jio Financial Services Ltd

7.56%

Adani Power Ltd

6.80%

Britannia Industries Ltd

5.10%

S.P. Apparels Ltd

4.05%

Himadri Speciality Chemical Ltd

4.05%

91 DTB 25072024

3.98%

Life Insurance Corporation of India

3.56%

Future on Container Corporation of India Ltd

3.12%

Fund Managers

  1. Sanjeev Sharma (May 2023 - Present)
  2. Vasav Sahgal (May 2023 - Present)
  3. Ankit A. Pande (May 2023 - Present)
  4. Sandeep Tandon (May 2023 - Present)

Key Information

View Scheme Document

Quant Business Cycle Fund Growth SIP Calculator

If invested

5,000

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 Business Cycle Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Quant Business Cycle 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 Business Cycle 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

Frequently Asked Questions