Quant Manufacturing Fund NFO Offer Details, Review

Quant Manufacturing Fund NFO

Pabitra Kumar Maharana •

Updated on 17 Oct, 2023

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Article Content

Quant Manufacturing Fund NFO Details
Who Can Invest in Quant Manufacturing Fund NFO?
Asset Allocation
Frequently Asked Questions

Quant Mutual Funds is launching a new open ended thematic equity scheme, across the manufacturing theme , Quant Manufacturing Fund, that seeks to invest across different asset classes.

The New Fund Offer (NFO) period for the Quant Manufacturing Fund is from 26th July 2023 to 8th August 2023. The scheme re-opens for continuous repurchase and sale within 5 business days from the date of allotment.

Investment Objective: The primary objective of the scheme is to generate long term appreciation by investing in equity and equity related instruments of companies that follow the manufacturing theme. 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 Manufacturing Fund NFO Details

Fund Name	Quant Manufacturing Fund
NFO Opening Date	26th July 2023
NFO Closing Date	8th August 2023
Re-open Date	Within 5 business days from the date of allotment
Type of Fund	Sectoral-Thematic Equity Fund
Fund Managers	Mr. Sandeep Tandon \| Mr. Ankit Pande \| Mr. Sanjeev Sharma \| Mr. Vasav Sahgal
Minimum Investment Amount	INR 5000 plus in multiple of Re.1 thereafter
Minimum Additional Purchase Amount	INR 1000 and in multiples of Rs. 1/- thereafter Repurchase: Rs. 1,000/-
Exit Load	nil
Suitability	Very High Risk
Benchmark	Nifty India Manufacturing Index
Plans and Options	Quant Manufacturing Fund – Growth Option – Direct & Regular Quant Manufacturing Fund – Income Distribution cum Withdrawal Option (Payout & Re-investment facility)– Direct & Regular

NOTE:

All additional investment amounts should be multiple of INR 1/-
The minimum SIP/SWP/STP for monthly frequency is INR 1000/- and multiples of INR 1/-

Who Can Invest in Quant Manufacturing Fund NFO?

Quant Manufacturing Fund is a Sectoral Thematic equity fund that invests across different asset classes under equity. This product is suitable for investors who are seeking appreciation over the long term , and to generate consistent returns by investing in equity and equity related instruments of manufacturing-centric companies. Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Fund Managers

Mr Ankit Pande

Mr Ankit has over 12 years of experience in the Indian equities market and a background in software products. He contributed to the growth of Infosys’ Finacle and engaged with prominent banking clients in the Asia-Pacific region. Later, he transitioned into equity research, earning a master’s degree in business administration from The Chinese University of Hong Kong and obtaining the prestigious CFA charter in the United States. Mr Ankit has received the Thomson Reuters StarMine Award and is a distinguished lifetime member of the Beta Gamma Sigma academic honour society. He enjoys reading literature related to business cycle theory, macroeconomics, and geopolitics in his leisure time.

Mr Sanjeev Sharma

Money Manager, Mr Sanjeev, holds an M.Com, PG Diploma in Business Administration (Finance), and is a Certified Treasury Manager. He excels in analysing credit risk and evaluating investment opportunities across asset classes with a deep understanding of macroeconomic policies. Sanjeev has established strong relationships with key treasurers in the industry and enjoys reading, music, and traveling in his free time.

Mr Vasav Sahgal

Mr. Vasav, is a successful and passionate CFA program graduate who specialises in equity asset allocation and credit research. He enjoys using coding and advanced data analytics to improve valuation analytics, and he embodies Quant’s Adaptive Asset Allocation strategy. Outside of work, Vasav enjoys reading financial literature and playing the drums.

Asset Allocation

Types of Instruments	Minimum Allocation	Maximum Allocation	Risk Profile
Equity and equity related instruments of companies having manufacturing theme	80%	100%	Very High
Other Equity and equity related instruments of companies other than having manufacturing theme	0%	20%	Very High
Debt & Money Market instruments*Derivatives (ETCDs) as permitted by SEBI from time to time.	0%	20%	Low to Medium
Foreign securities including ADRs / GDRs / Foreign equity and debt securities and Overseas ETFs	0%	20%	Very High
Units issued by REITs & InvITs	0%	10%	Very High

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Frequently Asked Questions

How Can I Invest in the Quant Manufacturing fund?

You can invest in the Quant manufacturing 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 manufacturing fund risky?

Yes, it is a very high-risk investment based on the riskometer. Quant manufacturing fund that invests across different asset classes like equity (domestic and foreign), debt, money market, foreign securities including ADRs / GDRs / Foreign equity and debt securities and Overseas ETFs, Units issued by REITs & InvITs.

Is there a lock-in period for Quant manufacturing fund?

No, Quant manufacturing fund has no lock-in period.

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

The Quant manufacturing fund scheme re-opens for ongoing subscriptions, switches and redemptions within 5 business days from the date of allotment.

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