Mutual Fund News : Quant Mutual Fund Launches quant Dynamic Asset Allocation Fund

Publish Date:

quant Mutual Fund has launched – quant Dynamic Asset Allocation Fund

It is an open-ended dynamic asset allocation fund

Accordingly, the investment objective is to provide capital appreciation by investing in equity and equity related instruments including derivatives and debt and money market instruments. 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.

Under normal circumstances, quant Dynamic Asset Allocation Fund will hold an allocation of 0% to 100% of its assets in Equity & Equity related instruments, 0% to 100% in Debt and Money Market Instruments, including Units of Debt oriented mutual fund schemes and 0% to 35% in foreign securities including ADRs / GDRs / Foreign equity and debt securities.

As per the Scheme Information Document, quant Dynamic Asset Allocation Fund will dynamically allocate its net assets to equity and equity related securities and debt instruments. The portfolio construct of the Scheme will be dependent on various factors such as the prevailing market conditions, economic scenarios, global events as deciphered using our VLRT Investment Framework and Predictive Analytics. The equity exposure is thus dynamically managed and is increased when various factors are favourable towards equity as an asset class or is brought down when the factors are not favourable.

quant Dynamic Asset Allocation Fund’s performance will be benchmarked against CRISIL Hybrid 50+50 Moderate Index

The scheme will be managed by Mr Sandeep Tandon, Mr Ankit Pande, Mr Sanjeev Sharma and Mr Vasav Sahgal.

The NFO opens for subscription on March 23, 2023, and closes on April 06, 2023. The schemes will reopen for continuous sale and repurchase on Within five Business Days from the date of allotment.

The fund’s NAV is priced at Rs 10/- per unit during the NFO period. The minimum subscription amount is Rs 5,000/- and in multiples of any amount thereafter.

The scheme offers Regular Plan and Direct Plan each plan offers Growth and Income Distribution cum capital withdrawal option (IDCW) option.