Quant Mutual Fund tops list of laggard schemes with negative returns in one month

Around 16 equity mutual funds have offered negative returns in the last one month. A deep dive into the data showed that out of 16 funds which offered negative returns, eight were from Quant Mutual Fund.

The first eight funds in the list of losers were from Quant Mutual Fund. Quant ELSS Tax Saver Fund lost 1.08% in the last one month period. Quant Value Fund lost around 1.03% in the said period. Quant Large Cap Fund and Quant Mid Cap Fund lost 0.97% and 0.91% respectively.



Quant Flexi Cap Fund and Quant Focused Fund lost around 0.89% and 0.84% respectively. The other two Quant schemes - Quant Active Fund and Quant Large & Mid Cap Fund - gave negative returns of around 0.63% and 0.62% respectively in the same time period.

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The other eight schemes in the list were from flexi cap, ELSS, large cap, mid cap, small cap, and value fund categories. Kotak Flexicap Fund lost 0.57%. Kotak ELSS Tax Saver Fund gave a negative return of 0.26%.

Only one small cap fund in the list of losers - Aditya Birla SL Small Cap Fund - lost around 0.15% in the last one month.

Note, the above mentioned performance is of equity categories such as large cap, mid cap, large & mid cap, flexi cap, focused fund, ELSS, small cap, value and contra funds.

Quant Mutual Fund
Quant Mutual Fund manages 27 mutual funds which includes debt and equity both. The top four performers by the fund house were from sectoral and thematic fund categories. Quant Healthcare Fund, the topper from the fund house, gave 6.32% return. Quant Business Cycle Fund and Quant Commodities Fund gave 3.28% and 3.21% returns respectively in the last one month. Quant Manufacturing Fund delivered 1.88% return in the said period.

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Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund based on assets, offered 1.50% return in the last one month. Quant Gilt Fund and Quant Liquid Plan offered 0.80% and 0.56% returns respectively in the above mentioned period.

The scheme that lost the most was Quant Infrastructure Fund which lost 3.51%, followed by Quant Absolute Fund which gave a negative return of 1.62% in the last one month. Quant Quantamental Fund and Quant PSU Fund lost 1.51% and 1.27% respectively in the said period.

Quant Consumption Fund and Quant BFSI Fund gave negative returns of around 1.15% and 1.10% respectively in the last one month period.

Note, for analysing the performance of Quant Mutual Fund we considered equity, debt and hybrid schemes which fund house manage.

One should not make investment or redemption decisions based on the above exercise. The exercise was done to find which schemes gave negative returns in the last one month. One should always make investment decisions based on investment horizon, risk appetite, and goals.

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