quant Healthcare Fund NFO: Everything you need to know

27 Jun 2023 , 01:58 AM

quant Mutual Fund is launching NFO under its “sectoral fund category”, named as quant Healthcare Fund. This open-ended fund aims to seek long term capital appreciation by investing in equity/equity related instruments of companies from the healthcare sector.

Investment strategy: The portfolio will be constructed on the basis of various broad factors such as prevailing market conditions, domestic and global economic scenarios, business and consumer sentiment, risk indicators, and a host of proprietary indicators (corporate, geopolitical, socio-cultural, economic, regulatory etc.) forming part of our Predictive Analytics suite.

Asset allocation: The Scheme will invest in equity and equity related securities in healthcare space, foreign securities including ADRs / GDRs / Foreign equity and debt securities and Overseas ETFs and debt and money market instruments.

Who should invest?

Investors with very high risk appetite and want to invest for 7 to 10 years in a mutual fund should invest in quant Healthcare Fund. 

Risk associated: Very high level of risk.

Benchmark: S&P BSE Healthcare TRI.

Fund Managers: Mr Sandeep Tandon, Mr Ankit Pande, Mr Sanjeev Sharma and Mr Vasav Sahgal.

The NFO is available for subscription from June 27 to July 11. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 5000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in quant Healthcare Fund.