Quant Mutual Fund has launched its open-ended Quant Large Cap Fund. The new fund offer opens for subscription on July 20, 2022, till August 3, 2022.
The fund will invest a minimum of 80% of the portfolio in large cap stocks and a maximum of 20% in stocks from the Nifty 500 universe dynamically to generate alpha. The fund will aim to generate extra alpha by writing call options (max 20% of portfolio value) and hedging the portfolio on inflection points to combat market volatility effectively.
"quant Global Research’s multi-dimensional research, VLRT framework, and ‘Predictive Analytics’ helps generate alpha by identifying sectors and securities at inflection points, thus executing sector rotations, early identification of potential outperformers, and constructing a dynamic portfolio," states the release.
The fund is benchmarked against NIFTY 100 TRI. The minimum application amount during NFO is Rs 5,000.