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.
Quant Health Care Fund
NFO Review
quant Healthcare Fund Details
Fund Name | quant Healthcare Fund |
NFO Opening Date | 27th June 2023 |
NFO Closing Date | 11th July 2023 |
Re-open Date | Within 5 business days |
Type of Fund | Thematic/ Sectoral Fund |
Fund Manager | Mr Sandeep TandonMr Ankit Pande Mr Sanjeev Sharma Mr Vasav Sahgal |
Minimum Investment Amount | INR 5,000 |
Minimum Additional Purchase Amount | INR 1,000 |
Exit Load | NIL |
Suitability | Very High Risk |
Benchmark | S&P BSE Healthcare TRI |
Plans and Options | Direct 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.
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- Quant Flexi Cap Fund
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Asset Allocation
Types of Instruments | Minimum Allocation | Maximum Allocation | Risk Profile |
Equity and Equity related instruments in the Healthcare space | 80% | 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 ETFs | 0% | 20% | Very High |
Debt & Money Market instruments | 0% | 20% | Low to Medium |
Units issued by REITs & InvITs | 0% | 5% | Very High |
Frequently Asked Questions
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
Yes, it is a very high-risk investment based on the riskometer. Quant Healthcare Fund is a sectoral fund that invests in healthcare companies.
No, the Quant Healthcare Fund has no lock-in period.
The Quant Healthcare Fund scheme re-opens for ongoing subscriptions, switches and redemptions within 5 business days.
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