Quant Mutual Fund to launch a new NFO in the large-cap category: Quant Large Cap Fund
The New Fund Offer (NFO) period for the Quant Large Cap Fund is from July 20th 2022 to August 3rd 2022.
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.
|Quant Large Cap Fund||Details|
|NFO Opening Date||July 20th 2022|
|NFO Closing Date||August 3rd 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|
|Benchmark||NIFTY 100 TRI|
|Plans and Options||Regular Plan & Direct Plan, Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option|
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
- Quant Flexi Cap Fund
- Quant Mid Cap Fund
- Quant Tax Saver Fund
- Quant Active Fund
- Quant Infrastructure Fund
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. 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.
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|
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
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.
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
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.
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.