quant Consumption Fund NFO: Everything you need to know

8 Jan 2024 , 10:21 AM

Quant Mutual Fund is launching NFO under its “sectoral category”, named as quant Consumption Fund. The investment objective of the scheme is to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of Consumption driven companies.

Investment strategy: The AMC 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 unit holders and if market conditions warrant it.

Asset allocation: The scheme will invest in equity and equity related securities of consumption driven companies.

Who should invest?

Investors with very high risk appetite and want to invest for 7-10 years to diversify their portfolio in consumption sector stocks should invest in quant Consumption Fund. 

Risk associated: Very high level of risk.

Benchmark: S&P BSE Consumer Discretionary Goods & Services Index TRI.

Fund Managers: Mr Ankit Pande, Mr Sanjeev Sharma, Mr Vasav Sahgal

The NFO is available for subscription from January 5 to January 18. 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 Consumption Fund.