Quant Mutual Fund is one of the oldest mutual funds in India and was incorporated in 1996. This mutual fund house was constituted as a trust on April 15, 1996, under the Indian Trusts Act of 1882.
However, did you know that it was originally named Escorts Mutual Fund? The name was only rebranded to Quant Mutual Fund when Escorts Mutual Fund was acquired by its sponsor, Quant Capital Finance & Investments Private Limited, in 2018.
At the time of this acquisition, this fund house managed assets worth Rs 235 crores and with over 25 years of experience now, Quant MF has progressed and grown significantly, and as of 17th May 2024, it manages assets worth Rs 3,33,673.85 crores! On January 10, 2024, Quant Mutual Fund reported crossing an AUM of Rs 50,000 crores.
In 2023, Quant Mutual Fund was the 5th most popular AMC, with a net inflow of Rs 18,100 crores.
Quant Mutual Fund Company is currently the 20th biggest fund house in India and manages 27 schemes that invest your capital in different investment categories such as debt, equity, and hybrid. Out of these 27 schemes, 20 are
equity funds, 3 are
debt funds , and the rest are
hybrid funds.
With a focus on employing data analytical techniques, this firm always aims to make data-driven decisions to ensure that, as an investor, you reap the best risk-adjusted returns!
Due to the fact that your capital is invested across different financial securities, it is relatively safer to invest in these schemes. Diversifying your funds minimizes the effect of market fluctuations, ensuring that you have a stable portfolio.
Additionally, Quant Mutual Fund relies on computer-based algorithms that are quick and efficient at making decisions. These algorithms also minimize the involvement of human judgment, and since human biases are reduced, the chances of errors in decision-making are minimized!
This offbeat style of investment makes Quant a chart-topper. However, that being said, despite the robust strategies and proven algorithms, unforeseen and unfavorable global economic conditions and financial crises can negatively impact your returns.
Additionally, the country's political stability also plays a significant role in determining the safety factor of your investments. Therefore, keeping track of market conditions, political scenarios, and global events and making decisions based on these parameters is advisable.
Another critical factor to consider is that markets are volatile, and prices fluctuate heavily. Therefore, ensure that you conduct extensive research on these schemes and assess their compositions before making an investment in them!
Lastly, market anomalies also play a crucial role in determining how safe these investments are. If the market anomalies are in your favor, you can obtain competitive returns.
In the olden days, you had to personally visit the
AMC branches and complete tons of paperwork to invest in its funds. However, with the advent of advanced technology, a few simple steps can ensure that you can invest in different mutual schemes from the comfort of your sofa at your home!
Below, we have listed a series of steps that you can follow to invest in your Top Quant Mutual Fund pick!
- Step 1: Start by searching for the Dhan App on the Google Play Store or App Store and click on the install option. Alternatively, you can also download the app from the Dhan website.
- Step 2: Once the application is installed, start the registration process by entering your mobile number and then click on the “I’m Ready to Trade” option. You will then receive a One-Time Password on your registered number. Enter this OTP and click on “Proceed Ahead”.
- Step 3: It is time to provide your email ID details and set an MPIN for an additional layer of security.
- Step 4: Keep all your ID documents, such as your Aadhaar Card and PAN card, handy and complete the onboarding process by entering these personal details.
- Step 5: Once your account is verified, head over to the Mutual Funds section. Under this section, click on the “Invest” tab. In this section, you can discover myriads of Quant Mutual Funds. Browse through these funds and determine the scheme that best suits your requirements.
- Step 6: Click on the scheme you want to invest in and click the “Invest Now” tab. Here, you have two options. You can either opt for Quant Lumpsum Plans, where you invest your entire capital at once, or go with Quant SIP Plans and invest a fixed or variable amount of money monthly. If you go with an SIP Plan, you can invest on your birth date, lucky date, salary date, or any other date you choose
- Step 7: Once you have placed the transaction, you will receive a confirmation OTP on your registered mobile number.
- Step 8: After the payment, all that is left is to monitor the performance of the Quant Mutual Fund scheme and redeem your investment when you are satisfied with the returns!
If you opt for Quant SIP, one significant advantage is that your risk is spread. For instance, if the market declines, you may obtain 1 unit for Rs 1000; your 1 unit cost might be Rs 1200 when the market rises. However, when you invest in installments, this amount is averaged; hence, your average unit cost is Rs 1100.
To calculate the approximate returns you would obtain on your SIP plan, you can check out the
Quant SIP Calculator and then decide based on the data!
However, you can always opt for a lump sum plan if you already have ready capital available for investment.