NFO Alert: Quant Mutual Fund launches Quant Momentum Fund; all you need to know
Quant Mutual Fund announced the launch of the Quant Momentum Fund. The scheme opened for public subscription on October 30, 2023, and will close on November 13, 2023. The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment.
This is an open-ended equity fund scheme following the momentum theme. This product is suitable for investors seeking
The scheme will invest at least 80 per cent in equity/equity-related instruments of companies with strong profit potential based on Quant Mutual Fund’s momentum thesis and aims to forecast the expected return of stocks using momentum attributes and auto-correlations to optimize the risk-return trade-off. A combination of rigorous quantitative methodologies, risk-based analysis, and systematic portfolio construction will be used to achieve optimal investment returns.
The fund is designed for investors with a long-term horizon, high-risk appetite, and who are willing to participate in the fund house’s ‘momentum’ thesis which is mathematically built to identify winners continuously.
The primary investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. There is no assurance that the investment objective of the scheme will be realized.
The fund is structured to benefit from opportunities arising from market randomness. In finance,
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