NAV : ₹ 16.036 as of 10 December, 2024
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Over the past
Disclaimer: Past performance is not an indicator of future returns
Inclusive of GST
Exit load of 1%, if redeemed within 15 days.
Ankit A Pande
Aug 2023 - Present
Sandeep Tandon
Aug 2023 - Present
Sanjeev Sharma
Aug 2023 - Present
Quant Mutual Fund
Total AUM: 55807.56Cr
Quant Mutual Fund was established following the acquisition of Escorts Mutual Fund by Quant Capital Finance & Investments Private Limited, the sponsor, in 2018, which led to the subsequent rebranding. Escorts Mutual Fund, initially incorporated in 1996, stood as one of the oldest fund houses in the country. At the time of the acquisition, Escorts Mutual Fund managed an Assets Under Management (AUM) of approximately Rs 235 crore, which has increased to Rs. 40675 crore as of December 2023. Under the current framework, Quant Money Managers Limited (QMML) functions as the Asset Management Company for Quant Mutual Fund, with Capital Finance & Investments Pvt. Ltd serving as the sponsor for QMML.
Learn more about Quant Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
To start an SIP in Quant Manufacturing Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Quant Manufacturing Fund.
3. On the Quant Manufacturing Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
To invest in Quant Manufacturing Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Quant Manufacturing Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
To automate an SIP in Quant Manufacturing Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Quant Manufacturing Fund automatically, ensuring consistent contributions without manual intervention.
To withdraw or redeem your investment in Quant Manufacturing Fund:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the Quant Manufacturing Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Quant Manufacturing Fund is ₹16.04
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Quant Manufacturing Fund is ₹1,007.04 Cr.
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Quant Manufacturing Fund is ₹1000
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Quant Manufacturing Fund is 2.19%
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Quant Manufacturing Fund is Exit load of 1%, if redeemed within 15 days..