quant Teck Fund NFO: A Comprehensive Guide to Key Details

23 Aug 2023 , 10:57 AM

quant Mutual Fund is launching NFO under its “sectoral category”, named as quant Teck Fund. This open-ended fund aims to generate long-term capital appreciation by investing in equity and equity related instruments of technology-centric companies.

Investment strategy: The portfolio shall be structured so as to keep risk at acceptable levels based on the risk-on / risk-off environment. This shall be done through various measures. The fund manager may, from time to time, review and modify the Scheme’s investment strategy if such changes are considered to be in the best interests of the unitholders and if market conditions warrant it.

Asset allocation: The primary investment objective of the Scheme is to seek to generate long-term capital appreciation by creating a portfolio that shall predominantly invest in equity and equity related securities of technology-centric companies.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years in tech, media and telecom sector should invest in quant Teck Fund. 

Risk associated: Very high level of risk.

Benchmark: S&P BSE Tech TRI.

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

The NFO is available for subscription from August 22 to September 5. 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 quent Teck Fund.