Quant Mutual Fund recently launched Quant Teck Fund, an open-ended equity scheme . The new fund offer (NFO) of the scheme which opened for subscription on 22 September, 2023, will close today, September 5.
The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity-related instruments of technology-centric 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.
According to the scheme information document, the performance of the scheme will be managed by Sandeep Tandon, and Ankit Pande. The minimum application amount is ₹5,000 plus in multiples of Re 1 thereafter.
Quant Teck Fund: Investment Strategy of the Scheme
The primary investment objective of the Scheme is to seek to generate long-term capital appreciation by creating a portfolio that shall predominantly invest in equity and equity-related securities of technology-centric companies.
The scheme may also invest a part of its corpus in overseas markets in unlisted companies, Global Depository Receipts (GDRs), AD Rs, overseas equity, bonds, and mutual funds, and such other instruments as may be allowed under the Regulations from time to time
Quant Teck Fund: Key details
Fund Type Open-Ended
Fund Class Equity Scheme – Sectoral/ Thematic
Opens on 22-Aug-23
Closes on 05-Sep-23
Investment Objective To seek to generate consistent returns by investing in equity and equity-related instruments of technology-centric companies.
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.
Minimum Investment 5000
Fund Manager Mr. Sandeep Tandon & Mr. Ankit Pande
Quant Group was born more than a decade ago, as a financial services platform in the midst of the 2008 Global Financial Crisis, with two simple yet powerful guiding mantras – ‘Being Relevant’ and ‘Predictive Analytics.’
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Updated: 05 Sep 2023, 01:22 PM IST
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