quant ESG Equity Fund

quant ESG Equity Fund New Fund Offer Details

quant ESG Equity Fund NFO Period From 15th October to 30th October 2020:

quant Mutual Fund introduced its new fund offer, namely quant ESG Equity Fund. So then, this fund comes as an open-ended scheme and the fund category is Equity Scheme-Sectoral/ Thematic Fund. Besides, the NFO subscription period started on 15th October and it will be closed on 30th October 2020.

NFO Details:

Fund Name quant ESG Equity Fund
Fund House quant Mutual Fund
Benchmark Nifty 100 ESG TRI
NFO Period 15th October to 30th October 2020

The quant Mutual Fund NFO offered the initial price of Rs. 10 per each unit in the subscription period. Moreover, the face value of the mutual fund is Rs. 10 per each unit. The benchmark of this NFO is Nifty 100 ESG TRI.

Entry Load and Exit Load:

There was nil entry load for this NFO. Similarly, nil exit loads applicable to this new fund offer. Similarly, the nil exit loads applicable for this NFO.

quant ESG Equity Fund Minimum Investment Amount:

Significantly, as per the draft prospectus, the minimum investment for the initial purchase stood as Rs. 5,000 and in multiples of ₹ 1 thereafter. Also, for additional purchases, the minimum amount would remain Rs. 1,000 and in multiples of ₹ 1 thereafter. Furthermore, the minimum target amount of the scheme is Rs. 10 Cr.

Allocation Pattern:

Instruments Allocations (% of total assets) Risk Profile
Equity and Equity related instruments of companies with favorable ESG criteria 80% to 100% High
Other Equity and Equity related securities 0% to 20% High
Debt & Money Market instruments 0% to 20% Low to Medium
Units issued by REITs & InvITs 0% to 10% Medium to High

Objects of the NFO:

The investment objective of the scheme plans to generate long term capital appreciation through investing in a diversified portfolio of companies. As well as, the investor needs to know the fund has been introduced with the high-risk principle. It schemes available in both the direct plan and regular plan.

Disclaimer: This article offers just information regarding the scheme. It does not provide any advice or investment tips to investors. MF investments are fixed to market risk.

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