Established in 1996, Quant Mutual Fund is one of the oldest mutual funds in India with over 22 years of experience in asset management. It focuses on dynamic and active money management to generate alpha and protect investors’ interests, using ‘Predictive Analytics’. Quant offers a variety of investment products across asset classes and has become a leading AMC in India. Its agile asset allocation, multi-dimensional research, and innovative product offerings have attracted a large number of investors. Quant Money Managers Ltd. is the investment management firm that oversees Quant Mutual Fund and offers a diverse range of investment products.
Quant Money Managers Ltd. is an investment management firm offering a range of investment products across asset classes. Established upon solid research and technology from its sponsor, Quant Capital Finance & Investments Pvt Ltd., QMML has expertise in investment management. Approved by SEBI to act as an Asset Management Company for quant Mutual Fund, QMML manages Rs. 6,506 crores worth of assets. Leveraging cross-asset, cross-market investment expertise, QMML creates ethical wealth for its customers.
Quantum mutual fund house has launched its new NFO Quantum Multi Asset Allocation Fund for subscription. The subscription of this NFO, which started from 19th February, will continue till 1st March 2024. It is an open-ended mutual fund scheme from which investors can withdraw their investment whenever they want.
The scheme invests in a diversified portfolio of equity and equity-related instruments, debt and money market instruments and gold-related instruments. Talking about the fund managers of Quantum Multi Asset Allocation Fund, Chief Investment Officer will be Chirag Mehta and Fund Manager (Fixed Income) of Quant AMC, Pankaj Pathak.
The objective of the scheme is to create a diversified portfolio by investing in equity and equity related instruments, debt, money market, gold etc. and to achieve capital appreciation in the long term.
Read More: How to Pay Rent with SBI Credit Card: Charges & Interest Rate
Quant Mutual Fund start with Rs.500
A minimum investment of Rs 500 can be made in Quantum Multi Asset Allocation Fund, after that investment has to be made in multiples of Re 1, whereas in this scheme, daily SIP of Rs 100, weekly SIP of Rs 500, Monthly and quarterly SIP can be started.
- Three mutual fund NFOs will open for subscription this week
- Two multi-asset allocation funds and a dynamic asset allocation fund
- Quantum Multi Asset Allocation Fund is already open for subscription
- Parag Parikh Dynamic Asset Allocation Fund and Mahindra Manulife Multi Asset Allocation Fund will open on February 20
- Scheme benchmarked against NIFTY 50 TRI + CRISIL Short Term Bond Fund AII Index + Domestic Price of Gold
- Scheme managed by Chirag Mehta and Pankaj Pathak
- Minimum application amount is Rs 500 and multiples of Re 1 thereafter
- Allocation of 35-65% in equity, 25-55% in debt, and 10-22% in gold-related instruments
Two Types of Mutual Fund Plans in Quant Mutual Fund
There will be 2 plans of this scheme, Regular and Direct, this scheme will be benchmarked against NIFTY 50 TRI (40%) + CRISIL Short Term Bond Fund AII Index (45%) + Domestic Price of Gold (15%).
Through this scheme, the fund manager will invest 35 to 65 percent in equity and equity related instruments, 25 to 55 percent in debt and money market investments, and 10 to 20 percent in gold related instruments.
How to Invest in Quantum mutual fund
- Log in to your Demate account or sign up for a new account
- Upload a copy of your identification document (PAN, Aadhaar, Driver’s Licence, Passport, Voter ID)
- Provide a document as proof of residence in order to confirm your residence
- Complete documentation process
- Choose from Low, Medium, or High risk funds
- Select tenure for Mutual Funds
- Decide between investing one time or starting a Systematic Investment Plan
- Allow 2-3 business days for results to reflect in your demate account
- Visit account regularly for updates
What will be the investment strategy?
Chirag Mehta, Investment Officer, Quant Mutual Fund, says that the number of investors is increasing rapidly. This fund is the first of its kind which is providing market approach along with diversification.
Pankaj Pathak, Senior Manager, Quant Mutual Fund, says that this fund has been launched with the objective of providing a better option than fixed deposits by giving better returns in the long term. It makes investing easy with the one time diversified approach. The scheme will significantly benefit investors in the 30% tax slab as compared to traditional fixed deposits.