Quant Large Cap Fund NFO Review and Details

Quant Large Cap Fund NFO Review

Sannihitha Ponaka •

Updated on 17 Oct, 2023

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Quant Mutual Fund to launch a new NFO in the large-cap category: Quant Large Cap Fund

Quant Mutual Fund is launching a new large-cap fund, Quant Large Cap Fund, that invests in large-cap equities.

The New Fund Offer (NFO) period for the Quant Large Cap Fund is from July 20th 2022 to August 3rd 2022.

Objective

The Quant Large Cap Fund’s investment objective is to generate consistent returns by investing in equity and equity-related instruments falling under the category of large-cap companies. The AMC holds the discretion to completely or partially invest in any of the types of securities stated above to maximize the returns or on defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends to guarantee any returns.

Fund Details

Quant Large Cap Fund	Details
NFO Opening Date	July 20^th 2022
NFO Closing Date	August 3^rd 2022
Type of Fund	Open-ended equity scheme
Fund Manager	Mr Sandeep Tandon, Mr 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
Benchmark	NIFTY 100 TRI
Plans and Options	Regular Plan & Direct Plan, Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option

NOTE:

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

Who Can Invest?

Quant Large Cap Fund is an equity mutual fund that invests in large-cap stocks majorly. The fund combines a top-down and bottom-up approach to construct its portfolio. Since it is a pure equity scheme, investors should be mindful of the risk and volatility.

Thus, it is primarily meant for those who want to invest in the equity sector with exposure to the large-cap sector.

Since the portfolio is investing in equities of large-cap companies, a high-risk tolerance level is required for investing in the scheme. Investors who like to hold investments across the market leaders (top companies by market cap) can consider Quant Large Cap Fund. Moreover, the Quant Large Cap Fund is more aligned to long-term financial goals. Furthermore, the Quant Large Cap Fund is suitable for an investment horizon of 5+ years.

Popular Funds by Quant Mutual Funds

Fund Manager

Mr. Sandeep Tandon

Mr Sandeep Tandon is the Founder, Managing Director and CEO of Quant Group. He has more than 27 years of financial services industry experience. Prior to starting the Quant group, he was with ICICI securities, IDBI Asset Management (now Principal Asset Management), and Economic Times Research Bureau.

Mr. Ankit Pande

Mr Ankit Pande is the Fund Manager at Quant Mutual Fund. He has more than a decade of experience in Indian equities and is a top-ranked Money Manager in the Mutual fund Industry. Prior to joining Quant AMC, he was with Systematix Shares & Stocks (I) Ltd., SBICAP Securities, and Infosys. Mr Pande holds a Bachelor of Engineering degree (Electronics & Telecommunications) from the University of Pune and also completed his Master’s in Business Administration from The Chinese University of Hong Kong. Furthermore, he is a CFA charter holder from the CFA Institute, USA.

Mr. Sanjeev Sharma

Mr Sanjeev Sharma is the Fund Manager at Quant Mutual Fund. He has more than 15 years of experience in the capital markets. He brings a rich and diverse experience to his money manager role at Quant AMC. Mr Sharma specializes in credit risk analysis and is also responsible for monitoring and assessing investment opportunities across asset classes. Furthermore, he has a deep understanding of the various macroeconomic policies and its impact on the credit markets.

Prior to joining Quant, he was with PACE Group of Companies, Tipsons Financial Services Pvt. Ltd., and Escorts Mutual Fund. Mr Sharma holds an M.Com, PG Diploma in Business Administration (Finance) degree and is also a Certified Treasury Manager (Forex & Risk Management).

Mr. Vasav Sahgal

Mr Vasav Sahgal is one of the mutual fund industry’s youngest and also most dynamic top-rated money managers. After clearing the CFA level 3 program, he began his career as an investment analyst for equity and fixed income products with the quant Group. He is mainly accountable for equities asset allocation and credit research on a daily basis. Furthermore, Mr Vasav is enthusiastic about constructing models with code and has been deploying advanced data analytics in Python for enhanced valuation analyses.

Mr Sahgal holds a Post Graduate Diploma in Securities Law from Government Law College, Mumbai, and also a B.Com in Accounting and Finance degree from Jai Hind College Mumbai.

Asset Allocation

Following is the indicative asset allocation of the Quant Large Cap Fund.

Types of Instruments	Indicative Allocation Minimum	Indicative Allocation Maximum	Risk Profile
Equities & Equity related instruments of large-cap companies	80%	100%	High
Equities & Equity related instruments of companies other than large-cap	0	20%	High
Debt and Money Market Instruments	0	20%	Low to Medium
Units issued by REITs and InvITs	0	10%	Medium to High

Concluding Remarks

Quant Large Cap Fund is an open-ended equity fund that aims to invest at least 80% of its assets in large-cap stocks. It’s a large-cap portfolio that aims to follow a benchmark. However, it is not restricted to it. The fund follows both a top-down and bottom-up approach for selecting securities.

Quant Large Cap Fund is primarily meant for investors who understand and are willing to take on the risk associated with large-cap equity mutual funds. Furthermore, it is a pure equity scheme, and a long-term investment horizon is necessary. Moreover, since the Quant Large Cap Fund does not guarantee returns, it is wise to monitor the investments closely.

Frequently Asked Questions

How Can I Invest in the Quant Large Cap Fund NFO?

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

Is Quant Large Cap Fund NFO risky?

According to the riskometer it’s a very high-risk investment. Quant Large Cap Fund is a pure equity mutual fund that invests in large-cap stocks. Thus, the scheme falls under the very high-risk category. Therefore, you should be aware of the associated risks while investing.

Is there a lock-in period for Quant Large Cap Fund?

Quant Large Cap Fund doesn’t have a lock-in period. Mutual fund units can be bought and sold easily. Thus, the scheme offers good volatility.