SBI Quant Fund Review – SBI Quant Fund Review Direct NFO Open on 04 December 2024 and Close on 18 December 2024. SBI Quant Fund Direct NFO Allotment Date is 26 December 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹5,000. The Minimum SIP Investment Amount is ₹500.
Type of the Scheme
An open ended equity scheme following Quant based investing theme.
Scheme Benchmark : BSE 200 TRI – The composition of the aforesaid First Tier benchmark is such that it is most suited for comparing performance of the scheme.
SBI Quant Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| HDFC Bank Ltd. | 8.55% |
| ICICI Bank Ltd. | 5.71% |
| Reliance Industries Ltd. | 5.55% |
| Infosys Ltd. | 4.24% |
| larsen & Toubro Ltd. | 2.74% |
| ITC Ltd. | 2.71% |
| TATA Consultancy Services Ltd. | 2.70% |
| Bharti Airtel Ltd. | 2.69% |
| Axis Bank Ltd. | 2.05% |
| State Bank of India | 2.03% |
SBI Quant Fund Important Date
| Scheme Offer | SBI Quant Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 04 Dec 2024 |
| Close Date | 18 Dec 2024 |
| Allotment Date | 26 Dec 2024 |
| Category | Equity – Thematic Fund |
| Min Inv ₹ | ₹5,000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | BSE 200 TRI |
Investment Objective of the Scheme ?
The investment objective of the scheme is to seek to generate long term capital appreciation by investing in equity and equity related instruments selected based on quant model theme.
SBI Quant Fund Other Details
| Exit Load | 0.5% |
|---|---|
| Exit Load Details | 0.5% for redemption within 6 Months |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 5,000 |
| Min. SIP | Rs. 500 |
SBI Quant Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity & Equity related instruments selected based on a quantitative model | 80% | 100% |
| Other Equity and Equity related instruments | 0% | 20% |
| Debt Securities (including securitized debt^ & debt derivatives) & Money Market Instruments(including Tri Party Repo) | 0% | 20% |
| Units issued by REITs and InvITs | 0% | 10% |
Manager Manage the Scheme?
Fund Manger : Ms. Sukanya Ghosh
Qualification : Chartered Accountant, Institute of Chartered Accountants of India, B.Com
Experience : Sukanya Ghosh joined SBIFML in January 2023 and focusses on quantitative research.
Fund Manger : Mr. Pradeep Kesavan
Qualification : B.com, MBA (Finance), CFA (USA)
Experience : Mr. Pradeep Kesavan joined SBIFML in July 2021. He has over 18 years of experience in financial services sector.
SBI Quant Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 23% |
| Consumer Discretionary | 18% |
| Commodities | 12.5% |
| Healthcare | 9% |
| Industrials | 9% |
| Fast moving Consumer Goods | 7.5% |
| Information Technology | 6% |
| Energy | 6% |
| Utilities | 4.5% |
| Services | 2.5% |
| Telecommunication | 1.5% |
| Diversified | 0.5% |
SBI Quant Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | 10 Years |
|---|---|---|---|---|---|
| Price Return | -4.76 | 15.40 | 24.91 | 17.12 | 12.22 |
| Total Return | -4.57 | 16.73 | 26.38 | 18.66 | 13.69 |
Where Will the Scheme Invest ?
- Certificate of Deposits (CDs) is a negotiable money market instrument issued by scheduled commercial banks and select all- India Financial Institutions that have been permitted by the RBI to raise short term resources.
- Commercial Paper (CPs) is an unsecured negotiable money market instrument issued in the form of a promissory note, generally issued by the corporates, primary dealers and all India Financial Institutions as an alternative source of short term borrowings. They are issued at a discount to the face value as may be determined by the issuer.
- Treasury Bills (T-Bills) are issued by the Government of India to meet their short term borrowing requirements. T-Bills are issued for maturities of 91 days, and 364 days. T-bills are issued at a discount to their face value and redeemed at par.
- riparty Repo.
- Investment in Foreign Securities.
Also Read: Kotak Nifty 100 Equal Weight Index Fund Review
SBI Quant Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
Email: enq_h@camsonline.com
Website: www.camsonline.com
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