The newly introduced Quant Manufacturing Fund by Quant Mutual Fund is an open-ended equity scheme with a core focus on the manufacturing theme. This fund seeks to invest in businesses involved in the manufacturing sector. To evaluate its performance, the fund will be compared against the Nifty India Manufacturing Index. Notably, the fund will be managed using their exclusive in-house quantitative model, which forms the basis for their investment decisions.
The NFO is open for subscription from July 26th, and will end on August 8th, 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 Manufacturing Fund – NFO Detail
| Type of Offer | NFO (New Fund Offer) |
| Fund House | Quant Mutual Fund |
| Name of the Fund | Quant Manufacturing Fund |
| Type of Scheme | Open-ended |
| Category of Scheme | Equity – Sectoral/ Thematic |
| NFO Starts | 26-July-2023 |
| NFO Ends | 08-August-2023 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs. 5000 |
| Plans | Regular, Direct |
| Options | Growth, IDCW |
| Entry Load | Nil |
| Exit Load | Nil |
| Investment Manager | quant Money Managers Limited |
| Fund Manager | Mr Sandeep Tandon, Mr Ankit Pande, Mr Sanjeev Sharma and Mr Vasav Sahgal |
Quant Manufacturing Fund NFO – Scheme Objective
The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments of companies that follow the manufacturing theme.
Quant Manufacturing Fund NFO – Who Can Invest?
This product is suitable for investors who are seeking*:
- Capital appreciation over the long term.
- To generate consistent returns by investing in equity and equity related instruments of manufacturing-centric companies.
How Will the Scheme Allocate Its Asset
- 80-100% in Equity and Equity related instruments of companies having manufacturing themes.
- 0-20% in other Equity and equity related instruments of companies other than having manufacturing themes.
- 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 Manufacturing Fund NFO – SID (Scheme Information Document)
Please click here to read the SID (Scheme Information Document) of this 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.
