Quant Quantamental Fund Details
Quant Mutual Fund has launched Quant Quantamental Fund on 13th April 2021. This scheme may fit investors who look for capital appreciation over the long term. Owing to the scheme will make investments in an active portfolio of stocks screened, selected, weighed, and rebalanced on the basis of a predefined fundamental factor model.
As per the SID, the scheme will close for subscription on 19th April 2021. Moreover, it will be re-opened within five business days from the date of allotment. Further, it remains an open-ended equity scheme that invests based on a quant model theme.
Besides, Quant MF’s new NFO remains available under regular and direct plan along with growth and income of distribution cum Capital Withdrawal options.
Basic Details of NFO:
|NFO Name||Quant Quantamental Fund|
|Subscription Period||April 13th, 2021- April 19th, 2021|
|Benchmark||Nifty 500 TRI|
|Fund Manager||Sandeep Tandon, Ankit Pande|
The Quant Scheme aims to produce excellent returns as compared to the underlying benchmark over the medium to long term. It plans to achieve profitable returns by investing in equity and equity-related securities.
The portfolio of stocks will be selected, weighed, and rebalanced using stock screeners, factor-based scoring, and an optimization formula that aims to enhance portfolio exposures to factors representing ‘good investing principles’ such as growth, value, and quality within risk constraints.
Further, the Nifty 500 TRI will plan as a benchmark for the scheme.
Asset Allocation Pattern:
|Instruments||Indicative Allocations (% of total assets)||Risk Profile|
|Equity and Equity related instruments||80||100||Medium to High|
|Debt & Money Market Instruments||0||20||Low to Medium|
|Units issued by REITs & InvITs||0||5||Medium to High|
Besides, under the load structure, the scheme does not offer any entry load. But, investors should pay a minimum of 1% for redemption or switch-outs within 1 year from the date of allotment of units.
Minimum Application Amount
Rs. 5,000/- and in multiples of Re. 1/- thereafter
Minimum Additional Purchase Amount
Rs. 1,000/- and in multiples of Re. 1/- thereafter
Minimum Redemption Size
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Please read the offer document carefully and consult your investment adviser before investing.