Quant MF introduces Momentum Fund
Quant Mutual Fund (MF) has launched Quant Momentum Fund, an open-ended equity scheme following momentum theme. The NFO opens for subscription on October 30, 2023 and closes on November 13, 2023. The Entry load is nil for the scheme. The Exit load is 1% - for redemptions / switch outs (including SIP/STP) within 15 days from the date of allotment of units, irrespective of the amount of investment. The minimum subscription amount is Rs 5,000 and in multiples of Rs 1 thereafter.
The performance of the scheme will be benchmarked against NIFTY 500 TRI and its fund managers are Sandeep Tandon, Ankit Pande, Sanjeev Sharma and Vasav Sahgal.
The investment objective of the scheme is to achieve long-term capital appreciation for its investors and this objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon.
