Quant Mutual Fund is launching a new fund offering named “Quant Healthcare Fund”, an open-ended equity scheme investing in the healthcare sector. The performance of the scheme will be benchmarked against theS&P BSE Healthcare TRI.The scheme is an equity fund investing in the healthcare sector.The S&P BSE Healthcare TRI, the composition of the first-tier benchmark is such that it is most suited for comparing the performance of the scheme.
The NFO will be open for subscription from June 27th, and will end on July 11th, 2023. Scheme will re-open for continuous Sale and Repurchase within 5 Business Days from the date of allotment of units under NFO. Subscriptions can be made starting at Rs. 5000 and and in multiples of Re. 1/- thereafter. Both a Regular Plan and a Direct Plan are available.
About Quant Mutual Fund (Group)
More than a decade ago, in the middle of the 2008 Global Financial Crisis, quant Group was founded as a financial services platform with two simple but powerful guiding mantras: “Being Relevant” and “Predictive Analytics.” According to the “Being Relevant” idea, in today’s uncertain and ever-changing environment, success requires passing the “test of time” every day through the application of new information and the development of novel approaches to old problems. Predictive analytics, a framework for studying and foreseeing markets across assets and regions, makes this possible.
The business was founded in May 2008 after its incorporation in December 2007. Quant Global Research (qGR) has spent the previous decade developing a powerful set of analytical indicators and the flexible VLRT framework.
Quant Healthcare Fund – NFO Detail
| Type of Offer | NFO (New Fund Offer) |
| Fund House | Quant Mutual Fund |
| Name of the Fund | Quant Healthcare Fund |
| Type of Scheme | Open-ended |
| Category of Scheme | Equity – Sectoral/ Thematic |
| NFO Starts | 27-June-2023 |
| NFO Ends | 11-July-2023 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs. 5000 |
| Plans | Regular, Direct |
| Options | Growth, IDCW |
| Entry Load | Not Applicable |
| Exit Load | Nil |
| Investment Manager | quant Money Managers Limited |
| Fund Manager | Mr. Ankit A Pande |
Quant Healthcare Fund NFO – Scheme 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.
Quant Healthcare Fund NFO – Who Can Invest?
This product is suitable for investors who are seeking*:
- Capital appreciation over the long term.
- Equity Investments in stocks of companies in the healthcare sector.
How Will the Scheme Allocate Its Asset
- 80-100% in Equity and Equity related instruments in Healthcare space.
- 0-20% in Equity and equity related instruments other than Healthcare space.
- 0-20% in Foreign securities including ADRs / GDRs / Foreign equity and debt securities and Overseas ETFs.
- 0-20% in Debt & Money Market instruments*.
- 0-5% in Units issued by REITs & InvITs.
Where Will the Scheme Invest?
The corpus of the Scheme, subject to the enabling provisions of asset allocation pattern, will be invested in securities/instruments which will include but not limited to:
- Equity and Equity Related Instruments.
- Debt Instruments & Money Market Instruments.
- Repos.
- Securities created and issued by the Central and State Governments.
- Non -Convertible Debentures.
- Securitized Assets.
- Real Estate Investment Trust (REITs) & Infrastructure Investment Trust (InvIT).
- Debt derivative instruments.
- Foreign Securities.
- Short Term Deposits.
- Units of Mutual Fund schemes.
Quant Healthcare Fund NFO – SID (Scheme Information Document)
Please click here to read the SID (Scheme Information Document) of this upcoming NFO scheme.
How to Invest?
Visit this page on the AMC website for further detail and investment.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
