Top 5 Quant Mutual Fund Schemes give 51% Annual Returns in 5 Years
Quant Mutual Funds have been one of the top performers in recent times and have provided excellent returns for a number of their schemes. These funds provide multiple investment options to the investors as per different risk appetites ranging from small-cap and mid-cap investments to Sector-specific and tax-saving opportunities. In this article, we take a look at five of the best return-yielding Quant Mutual Fund schemes, out of which some are giving annualized returns of more than 50% and enticing to investors.
1. Quant Small Cap Fund – Direct Plan
The Quant Small Cap Fund has emerged as a star performer, especially among those seeking small-cap exposure. At an NAV of Rs.304.44 and expense ratio of 0.64% as of July 31, 2024, the fund has provided high returns over consistent periods. The fund has completed more than 11 years since its launch on January 1, 2013, and manages assets to the tune of Rs.24,530 crore.
This scheme has enormous growth potential for high-risk tolerant investors, as it is one of the best schemes in this category, having returned 51.67% in the last five years. Rs.10,000 monthly SIP would have become more than Rs.20 lakh in this period. The benchmark index for this fund is NIFTY Smallcap 250 TRI. The minimum SIP and lump sum investment requirement for the fund are Rs.1,000 and Rs.5,000, respectively.
2. Quant Infrastructure Fund – Direct-Growth
Infrastructure investments started to catch steam and the Quant Infrastructure Fund has captured this beginning. It is a Rs.4,104 crore asset base fund with an NAV of Rs 46 and has an expense ratio of 0.66%. It has completed more than 11 years and its benchmark index is NIFTY Infrastructure TRI.
Investors with an extremely high-risk appetite may consider this fund, which has returned 44.43% over the last five years. The value of Rs.10,000 monthly SIP would have become more than Rs.17.53 lakh. This fund has a minimum subscription amount of Rs.1,000 for SIPs and a maximum of Rs.5,000 lump sum, therefore, a wide range of investors can subscribe to the scheme.
3. Quant Mid Cap Fund – Direct-Growth
Mid-cap funds are a fine balance between growth and risk. And, within this category, Quant Mid Cap Fund has been one of the stellar performers. The current NAV is Rs.271.39, with an extremely low expense ratio of 0.58%. The asset size of the fund currently stands at Rs.9,283 crore. The scheme investment plan is to normally invest a minimum of 65% of its assets in midcap stocks which can go upto 100%, and the rest in debt and money market instruments. It follows the NIFTY Midcap 150 TRI as its benchmark.
This scheme has provided 40.47% annualised returns in the last five years and transformed a monthly SIP of Rs.10,000 into Rs.16 lakh. The minimum SIP investment is also Rs.1,000 like most other schemes in this category. A lump sum investment can be made with Rs.5,000. Suitable for investors willing to take extremely high risk in pursuit of significantly high returns.
4. Quant Flexi Cap Fund – Direct-Growth
Quant Flexi Cap Fund tends to gain momentum as far as investors are concerned to spread money in a number of market capitalisations. The NAV of the fund is Rs.120.23 and the expense ratio is 0.59%. The current AUM of this scheme stands at Rs.7,436 crore and is benchmarked against the NIFTY 500 TRI.
This scheme is another bright star in the multi-cap funds category, returning 38.38% over the last five years, turning every Rs.10,000 SIP into a whopping Rs.15.26 lakh. Having a big asset base and flexible investment strategy, this scheme is good to go for those desiring exposure to both large and small-cap stocks. The minimum investment requirements are Rs.1,000 for SIPs and Rs.5,000 for lump-sum investments.
5. Quant ELSS Tax Saver Fund – Direct-Growth
For investors looking to save on taxes and still fetch significant returns, the Quant ELSS Tax Saver Fund will be an excellent option. This fund carries an NAV of Rs.449.51 and an expense ratio of 0.71%, while the assets managed by this fund are Rs.11,065 crore. Also, this scheme has been designed to track returns generated from its benchmark index, the NIFTY 500 TRI.
It has returned 38% annualized in the last five years. A monthly SIP of Rs.10,000 has grown to Rs.15.14 lakh. It is a tax-saving investment with the additional advantage of growing with the equity market. The minimum SIP investment required is Rs.500, and lump sum investment can start as low as Rs.1,000, thereby falling in the affordable category for many investors.
Conclusion
Quant mutual funds have emerged as a powerful investment option for medium-term high returns. Whether your investment objective it small-cap growth, infrastructure exposure, or tax-saving schemes-Quant has a fund to meet your needs. In addition, all of these funds are very high on the risk scale and best suited for investors with a high degree of risk tolerance. Always do thorough research before putting your money into anything, or consult an investment expert.
While these funds have given excellent returns, past performance may not guarantee success in the future. Mutual funds, like all investments, come with inherent risks. It is very important for an investor to make prudent choices based on their risk profile and financial goals.
