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quant Mutual Fund is launching a new healthcare fund, Quant Healthcare Fund, that seeks to invest across healthcare companies in India. 

The New Fund Offer (NFO) period for the Quant Healthcare Fund is from 27th June 2023 to 11th July 2023. The scheme re-opens for continuous repurchase and sale within 5 business days.

Investment Objective: The investment objective of the scheme is to seek long-term capital appreciation by investing in equity/equity-related instruments of companies from the healthcare sector. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

NFO Reviews

Quant Health Care Fund
NFO Review

quant Healthcare Fund Details

Fund Namequant Healthcare Fund
NFO Opening Date27th June 2023
NFO Closing Date11th July 2023
Re-open DateWithin 5 business days
Type of FundThematic/ Sectoral Fund
Fund ManagerMr Sandeep TandonMr Ankit Pande
Mr Sanjeev Sharma
Mr Vasav Sahgal
Minimum Investment AmountINR 5,000
Minimum Additional Purchase AmountINR 1,000
Exit LoadNIL
SuitabilityVery High Risk
BenchmarkS&P BSE Healthcare TRI
Plans and OptionsDirect and Regular PlanGrowth and Income Distribution cum Capital Withdrawal (IDCW) Option

NOTE:

  • All additional investment amounts should be multiple of INR 1/-

Who Can Invest in Quant Healthcare Fund NFO?

Quant Healthcare Fund is a sectoral fund that invests across the healthcare sector in India. The scheme will invest at least 80% in healthcare, life sciences, insurance and wellness companies that are expected to benefit from increased investments in healthcare infrastructure and service delivery, including advanced medical technology. These include pharmaceuticals, biotech, hospitals, medical devices, diagnostic services, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, medical equipment, MedTech etc.

Investors seeking exposure to the healthcare sector and having very high-risk tolerance levels can consider investing in the scheme. Also, since it is a thematic fund, investors must be aware of the industry-specific risks. This healthcare fund requires a minimum investment horizon of 5 years or more.

Fund Manager

Mr Sandeep Tandon

Sandeep Tandon is the founder of the Quant group and has more than 20 years of experience in the financial services industry. Previously he was associated with ICICI Securities, Economic Times and IDBI Asset Management. He holds an MBA degree in Finance. 

Mr Ankit Pande

Mr Pande is the Fund Manager- Equity at Quant Mutual Fund. He has an overall 15 years of experience in the financial industry. Out of which 12 years in Indian Equity and 3 years in software Products. He began his career in core banking software with Infosys Finacle. Thereafter he moved to Equity Research in 2011.

He is a CFA Charter in 2015 and an MBA from the Chinese University of Hong Kong in 2017. Mr Pande won the Thomson Reuters StarMine Award for best stock picker in the IT Sector in 2014. In addition, he has been conferred with lifetime membership of the Beta Gamma Sigma Honour Society.


Mr Sanjeev Sharma

Mr Sharma is the Fund Manager – Debt at Quant Mutual Fund. He has over 20 years of experience in the equity markets, wealth management and asset management services.

Mr Sharma is an alumnus of  Symbiosis College Pune and is also a Post Graduate of Management Studies. In addition, he also holds an advanced degree in Forex Management and Risk Mitigation from the London Academy of Professional Education.


Mr Vasav Sahgal

Mr Vasav Sahgal is the Fund Manager at Quant Mutual Fund.  He has performed various operational as well as research-oriented roles at Quant Money Managers Limited. He had more than 5 years of industry experience. 

Mr Sahgal is a commerce graduate from Jai Hind College, Mumbai and is also a CFA Charter holder.

Popular Funds by Quant Mutual Fund

Asset Allocation

Types of InstrumentsMinimum Allocation Maximum Allocation Risk Profile
Equity and Equity related instruments in the Healthcare space80%100%Very High
Equity and equity-related instruments other than Healthcare space 0%20%Very High
Foreign securities, including ADRs / GDRs / Foreign equity and debt securities and Overseas ETFs0%20%Very High
Debt & Money Market instruments0%20%Low to Medium
Units issued by REITs & InvITs0%5%Very High

Frequently Asked Questions

How Can I Invest in the Quant Healthcare Fund?

You can invest in the Quant Healthcare Fund through any of the following methods:
Offline: By filling out the Quant NFO application and submitting it along with all documents and cheques to the nearest Investor Service Centre of CAMS or Quant mutual fund office.
Online:
Quant Mutual Fund Website
Online FinTech platforms and mutual fund platforms
Through Demat account
Through a mutual fund distributor or agent

Is Quant Healthcare Fund risky?

Yes, it is a very high-risk investment based on the riskometer. Quant Healthcare Fund is a sectoral fund that invests in healthcare companies.

Is there a lock-in period for Quant Healthcare Fund?

No, the Quant Healthcare Fund has no lock-in period.

When will the scheme open for ongoing subscriptions, switches and redemptions?

The Quant Healthcare Fund scheme re-opens for ongoing subscriptions, switches and redemptions within 5 business days.