Leading

Quant Consumption Fund

Benchmark Index
  • S&P BSE Consumer Discretionary Goods & Services Index TRI
Plans
  • Regular
  • Direct
Riskometer
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Details(Quant Consumption Fund)

Investment Objective The primary investment objective of the scheme is to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of Consumption driven companies. There is no assurance that the investment objective of the Scheme will be realized.
Category of Scheme Thematic
Type of Scheme An open ended equity scheme following consumption theme
Inception Date 24th January, 2024
Minimum Application Amount For new investor, INR 5000/- and any amount thereafter For existing investors, INR 1000/- and any amount thereafter For Systematic Investment Plan (SIP), the minimum amount is INR 1000/- and in multiples of INR 1/- thereafter.
Benchmark Index S&P BSE Consumer Discretionary Goods & Services Index TRI
Load Structure Entry Load - Nil
Exit Load - 15 Days / 1%
Asset Allocation Pattern
Under normal circumstances, the asset allocation pattern will be as follows Indicative allocations (% of total assets) Risk Profile
Instruments Minimum Maximum High/Medium/Low
Equity & Equity related instruments of Consumption and consumption related sectors 80 100 Very High
Equity and equity related instruments other than companies of Consumption and consumption related sectors 0 20 Very High
Debt and money market instruments* 0 20 Low to Meduium
Foreign Equity and Equity related instruments and Overseas ETFs 0 20 Very High
Units issues by REITs/InvITS 0 20 Very High

The Scheme retains the flexibility to invest across all the securities in the debt and money markets as permitted by SEBI / RBI from time to time, including schemes of mutual funds. The Scheme does not intend to invest in securities with Structured Obligations or Credit Enhancements. The Scheme does not intend to invest in debt instruments with special features in line with Clause 4.4.4 of Master Circular dated May 19, 2023. The investment pattern stated above is indicative and may be changed due to market conditions. The proportion of the scheme invested in each type of security will vary in accordance with microeconomic & macroeconomic conditions, interest rates, and other relevant considerations. These instances may be beyond the control of the fund manager & the AMC and hence may require such deviations only with the prior approval of SEBI. Such changes in the investment pattern will be transitionary in nature and will be undertaken as defensive considerations only in accordance with Clause 1.14 of SEBI Master Circular dated May 19, 2023. Due to market conditions, the AMC may invest beyond the range set out in the asset allocation. Such deviations shall normally be for a short term and defensive considerations as per Clause 2.9 of Master Circular dated May 19, 2023, and the fund manager will rebalance the portfolio within 30 calendar days from the date of deviation. The intention being at all times to seek to protect the interests of the Unit holders. The risks associated with each investment are an important factor as well. The net assets of this scheme shall predominantly be invested as per the investment pattern stated above.

Fund Manager Mr. Sandeep Tandon | Mr. Ankit Pande | Mr. Sanjeev Sharma | Mr. Vasav Sahgal
Plans Available Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
Options Available 1.Growth Option and 2. IDCW
The IDCW option has the following facilities: (i) IDCW Reinvestment Facility. (ii) IDCW Pay-out Facility. Default Investment option is Growth Option. For the IDCW option, the default facility will be IDCW Reinvestment.
Applicable NAV The NAV applicable for purchase or redemption or switching of Units based on the time of the Business Day on which the application is time stamped
Risk Factors For detailed scheme/securities related risk factors, please refer to the Scheme Information Document
Investment strategy India's young and growing population, with a median age of 28.6 years, is a major driver of consumption growth. Unlike many ageing nations in the West and East, India will remain a nation of the young with a median age of 31 in 2030, India is well-positioned to reap the benefits of its demographic dividend. This young population is also more likely to adopt new technologies and trends, fueling consumption growth further. According to research by the World Economic Forum, growth in income will transform India from a bottom-of- the-pyramid economy to a truly middle-class one, with consumer spending growing from $1.5 trillion to nearly $6 trillion by 2030.
As 140 million households move into the middle class and another 20 million move into the high-income bracket, they will spend 2-2.5x more on essential categories (food, beverages, apparel, personal care, gadgets, transport and housing) and 3-4x more on services (healthcare, education, entertainment and household care). Uppermiddle-income and high-income entrants will drive a 15-20% increase in the ownership of durables (washing machines, refrigerators, TVs and personal vehicles).
The factors contributing to this growth, include:
  1. Rising incomes: Indian incomes have been rising steadily in recent years. This is leading to an increase in discretionary spending.
  2. Changing demographics: India's young population is increasingly urbanizing and becoming more affluent. This is leading to a shift in consumption patterns towards more discretionary goods and services.
  3. Government policies: The Indian government is supportive of consumption growth. It has implemented a number of policies to boost consumer spending, such as tax cuts and infrastructure investment.
  4. Digital Revolution: India has witnessed a significant digital revolution in recent years, with the proliferation of smartphones and affordable internet access. This has led to a surge in e-commerce and online services, further boosting consumption. Online shopping, digital entertainment, and various app-based services have become an integral part of the consumer experience.
  5. Rural Growth: While urban areas are experiencing substantial growth in discretionary spending, it's important to note that rural India is also becoming a key driver of consumption. Government initiatives like the Pradhan Mantri Awas Yojana (housing for all) and MGNREGA (rural employment guarantee) are contributing to increased income and improved living standards in rural areas, thus driving consumption growth in these regions.
  6. Youthful Aspirations: The young population in India aspires to a higher standard of living. This aspiration is driving them to explore a variety of lifestyle products and experiences, including international travel, premium electronics, and luxury goods.
  7. Infrastructure Development: Ongoing infrastructure development, including the construction of modern shopping malls, improved transportation networks, and connectivity, is enhancing the retail experience and making it easier for consumers to access a wide range of products and services.
  8. Cultural and Social Factors: India's diverse culture and social dynamics have led to a growing demand for specialized products and services tailored to different regions, languages, and traditions. This has resulted in a dynamic and evolving consumption landscape.
To achieve the investment objective, the scheme will primarily invest in equity and equity linked instruments of companies which benefit from the ‘Consumption’ story, since Consumption is a Multi-Decade Opportunity and is expected to play out for several decades to come, the fund will aim to actively identify and invest in companies which are most likely to benefit from this opportunity. The AMC may, from time to time, review and modify the Scheme’s investment strategy if such changes are considered to be in the best interests of the unit holders and if market conditions warrant it. Investments in securities and instruments not specifically mentioned earlier may also be made, provided they are permitted by SEBI/RBI and approved by the Trustee. However, such investments shall be made keeping in view the Fundamental Attributes of the Scheme.
Statutory Details: Sponsor: quant Capital Finance & Investments Private Limited
Investment Manager: quant Money Managers Limited. CIN: U74899MH1995PLC324387
For Further Details :- https://quantmutual.com/downloads/factsheet
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Mutual fund investments are subject to market risks, read all scheme related documents carefully