Rating : N/A
IIFL Quant Fund Regular Growth
Sectoral Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
2%
Asset Size
95.34 Cr.
(As of 31 May, 2022)
Benchmark
S&P BSE 200 India TR INR
Riskometer
Investors understand that their principal will be at Risk.
Objective
The investment objective of the scheme is to generate long term capital appreciation for investors from a portfolio of equity and equity related securities selected based on quant theme. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Fund manager
Parijat Garg
Exit load
1 %
(If redeemed within 360 days)Minimum sip
₹1000
Minimum investment
₹1000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Adani Total Gas Ltd
4.53%
Cholamandalam Investment and Finance Co Ltd
3.84%
Sun Pharmaceuticals Industries Ltd
3.64%
Vedanta Ltd
3.57%
Sector Allocation
About the Scheme Type
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
Ratings
This fund is rated 0 stars by Morning Star Ratings.