August 2, 2022
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NFO of Quant Large Cap Fund
NFO opens on July 20 ,2022
NFO will close on August 03 ,2022
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to generate consistent returns by investing in equity and equity related instruments falling under the category of large cap companies. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations
Basic Details
Fund House : Quant Mutual Fund
Issue Open : 20 July 2022
Issue Close : 03 August 2022
Category : Equity : Large Cap
Type : Open-ended
Min. Investment Rs. 5,000
Plans : Growth, IDCW
Lock-in Period Not Applicable
Exit Load (%) : 0
Riskometer : Very High
Benchmark: NIFTY 100 TRI
Fund Manager
1) Ankit Pande
Education : Mr. Pande has done CFA and MBA
Experience : Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.
2) Sandeep Tandon
Education : Mr. Tandon has done MBA (Finance)
Experience : Prior to joining Quant Mutual Fund, he has worked with ICICI Securities as Vice President, The Economic Times and IDBI AMC.
3) Sanjeev Sharma
Education : Mr. Sharma is a Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune.
Experience : He has total work experience of 17 years including 13 years of experience in the financial market. He specializes in identifying crucial inflexion points in securities.
AMC :
Quant Money Managers Ltd.
Address : 6th Floor, Sea Breeze Building, Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400 025
E-mail Id-help.investor@quant.in
Registrar & Transfer Agent :
KFin Technologies Ltd.
Address : 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Quant Large Cap Fund Guidance by Paresh Gordhandas,CA, Research Analyst.
a) What is NIFTY 100 TRI?
NIFTY 100 is a diversified 100 stock index representing major sectors of the economy. NIFTY 100 represents top 100 companies based on full market capitalisation from NIFTY 500. This index intends to measure the performance of large market capitalisation companies. The NIFTY 100 tracks the behavior of combined portfolio of two indices viz. NIFTY 50 and NIFTY Next 50
The NIFTY 100 Index represents about 76.8% of the free float market capitalization of the stocks listed on NSE
b) Performance of NIFTY 100 TRI:
Price Return
Last one Year : (-) 0.19 %
Last 5 Years : 10.12 %
Last 10 Years : 12.44 %
Fundamentals of this Index
PE ( Trailing) 19.54
P/B 4.05
Dividend Yield 1.51%
Sector Representation of NIFTY 100 TRI
Sector Representation / Sector Weight(%)
Financial Services 32.82
Information Technology 14.15
Oil, Gas & Consumable Fuels 13.38
Fast Moving Consumer Goods 8.97
Automobile and Auto Components 5.31
Healthcare 4.26
Metals & Mining 3.50
Power 3.44
Consumer Durables 3.03
Construction 2.34
Construction Materials 2.29
Telecommunication 2.28
Chemicals 1.48
Consumer Services 1.44
Services 0.79
Capital Goods 0.27
Realty 0.24
In the Case of any New Fund Offer, we donot know how the portfolio will be created by the fund managers. So in such cases, we may look at the performance of the Index and also the funds managed by these fund managers.
So in this case, we randomly selected Quant Nifty Small Cap Index Fund one of the funds managed by first fund Manager and it shows following performance:
Last one Month : 2.33 % ( Benchmark Return 2.56%)
Last 12 Month : 7.51 % ( Benchmark Return 2.39%)
Last 5 Years : 20.58 % ( Benchmark Return 13.86%)
Last 10 Years : 17.26 % ( Benchmark Return 13.87%)
So ??? as compared to benchmark returns, the selected fund has provided strong returns.
Chanakya’s Mutual Fund Guidance : You can expect good performance from Quant Large Cap fund much better than its Benchmark: NIFTY 100 TRI
Welcome to post your MF questions @ sahifund.com/ask-me/
IPO Details & Guidance @ chanakyanipothi.com