Quant Teck Fund, an open-ended equity strategy, was recently launched by Quant Mutual Fund. The scheme’s new fund offer (NFO), which started for subscription on September 22, 2023, will close today, September 5.
The scheme’s principal investment goal is to achieve consistent returns by investing in stock and equity-related securities of technology-centric companies. However, there can be no assurance that the Scheme’s investment objective will be met, as actual market movements may differ from anticipated trends.
According to the program information paper, the scheme’s performance will be monitored by Sandeep Tandon and Ankit Pande. The minimum application amount is 5,000, followed by multiples of Re 1 thereafter.
Quant Teck Fund: Scheme Investment Strategy
The main goal of the Scheme’s investments is to create long-term capital appreciation by building a portfolio that primarily consists of equities and equity-related instruments from businesses with a focus on technology.
The scheme may also invest a portion of its corpus in unlisted firms, Global Depository Receipts (GDRs), AD Rs, offshore stock, bonds, and mutual funds, as well as other instruments permitted by the Regulations from time to time.
Key information on the Quant Teck Fund
Fund Type: Open-Ended
Fund Class Equity Scheme: Sectoral or Thematic
Opens on August 22-23
Closes on 05-Sep-23
Investment Purpose Investing in equities and equity-related securities of technology-centric enterprises in order to create consistent returns.
However, there can be no assurance that the Scheme’s investment objective will be met, as actual market movements may differ from anticipated trends.
The minimum investment is 5,000.
Fund Managers: Mr. Sandeep Tandon and Mr. Ankit Pande
More than a decade ago, in the midst of the 2008 Global Financial Crisis, Quant Group was founded as a financial services platform with two simple yet effective guiding mantras: ‘Being Relevant’ and ‘Predictive Analytics.’
