Quant Manufacturing Fund was launched in August 2023. Since its launch, this fund has given a total return of 51.30 percent. In the last 6 months, this fund has given a negative return of 10.60 percent and in the last 1 month, this fund has given a negative return of 5.70 percent.
The confidence of the common investors of the country in mutual funds is continuously increasing. Equity mutual funds have received a record investment of Rs 41,887 crore in October. This is an increase of 21.7 percent on a monthly basis. Apart from this, the investment coming from SIP also increased to a lifetime high of Rs 25,323 crore in October, while it was Rs 24,509 crore in September. Apart from monthly investment through SIP in mutual funds, you can also make lump sum investment. Today we are going to tell you about such a mutual fund scheme, whose direct plan has given a return of 51.56 percent in the last 1 year. But you have to take special care that in this way there is a lot of risk in the short term.
Quant Manufacturing Fund
Quant Manufacturing Fund is a sectoral fund, whose direct plan has given investors a tremendous return of 51.56 percent in the last 1 year. In this way, this scheme has made a lump sum investment of Rs 10 lakh made a year ago to Rs 15.15 lakh today. The current NAV of Quant Manufacturing Fund is Rs 16.46. According to the data, the current fund size of this mutual fund scheme is Rs 1090 crore. The major holding companies of this fund include big names like ITC, Reliance Industries, Samvardhan Madrasan International, Grasim Industries etc.
Quant Manufacturing Fund was launched in August, 2023
Let us tell you that Quant Manufacturing Fund was launched in August, 2023. Since its launch, this fund has given a total return of 51.30 percent. In the last 6 months, this fund has given a negative return of 10.60 percent and in the last 1 month, this fund has given a negative return of 5.70 percent. Sharing the mutual fund investment data on Monday, AMFI CEO Venkat Chalasani said that the number of retail folios has reached a historic level of 17.23 crores. The continuous increase in SIP accounts has been a major contributor to this. The number of SIP accounts has now exceeded 10.12 crores.
Related Articles:
https://www.businessleague.in/you-can-create-a-corpus-of-rs-3-5-crore-with-a-sip-of-rs-10000-check-the-calculation/
https://www.businessleague.in/why-is-taking-a-term-insurance-plan-a-wise-decision-know-its-importance-whether-you-have-taken-it-or-not/
