Quantum Mutual Fund clears the mix-up: We’re not the Quant in trouble
9 months ago

Quantum Mutual Fund clears the mix-up: We’re not the Quant in trouble

Live Mint  

Quant Mutual Fund front-running case has caused quite a stir among Indian stock market investors. Quantum Mutual Fund on Thursday issued a clarification to clear the confusion due to the similar name and reassured investors that it is a different entity from the one involved in the Sebi investigation. “This is to clarify that Quantum Mutual Fund and Quant Mutual Fund are two different mutual fund houses,” Quantum Mutual Fund’s wrote in a post on social media platform X. The fund house also informed that a suit had been filed in the Mumbai High Court against Quant MF, restricting the use of the Trade Name Quant Mutual Fund which created confusion with the Trade Name Quantum Mutual Fund. “Furthermore, we have issued multiple clarifications to investors, distributors and brokers on the confusion caused by the use of a similar sounding name by another mutual fund house - which was launched 12 years after we launched Quantum Mutual Fund,” it said.

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History of this topic

Quant Mutual Fund is ready to hop back on the small-cap train
1 month, 3 weeks ago

Quant Mutual Fund is ready to hop back on the small-cap train

Live Mint  

Quant Mutual Fund, known for aggressive bets and shiny returns, was among the worst performers over the past 12 months, according to data from Value Research. “In the coming weeks and months, we will begin pruning our defensive exposure toward more cyclical and growth-oriented segments,” Quant Mutual Fund said in a recent communication to investors. “Allocations will gradually tilt in …

Your Questions Answered: I want to diversify my portfolio. Please elaborate on quant mutual funds
2 months, 2 weeks ago

Your Questions Answered: I want to diversify my portfolio. Please elaborate on quant mutual funds

Live Mint  

Q. I am a Senior Creative Director working with a marketing agency in Bengaluru. Unlike traditional mutual funds, which rely on the expertise and judgment of fund managers, quant funds depend on data and algorithms to drive their investment decisions. Advantages of investing in a quant fund Let's explore the numerous advantages of investing in quant mutual funds and why …

NFO Alert: SBI Mutual Fund launches Quant Fund — all you need to know
3 months, 3 weeks ago

NFO Alert: SBI Mutual Fund launches Quant Fund — all you need to know

Live Mint  

SBI Mutual Fund has introduced a new fund offer on December 4 called SBI Quant Fund. Investment details The minimum application amount in SBI Quant Fund is ₹5,000 and in multiples of Re 1 thereafter. Key details of the SBI Quant Fund NFO Launch date December 4, 2024 Last date December 18, 2024 Category of the scheme Equity – Thematic …

Quantum AMC launches the Quantum Ethical Fund NFO (New Fund Offer) opens for subscription till December 16
3 months, 3 weeks ago

Quantum AMC launches the Quantum Ethical Fund NFO (New Fund Offer) opens for subscription till December 16

Live Mint  

• The fund will be an Open-Ended Equity Scheme Predominantly investing in companies meeting an Ethical Set of Principles • The scheme will have a Direct and Regular Plan MUMBAI, India, Dec. 4, 2024 /PRNewswire/ -- Quantum AMC announced the launch of a new fund offer with Quantum Ethical Fund. The Fund is an open-ended Equity Fund that invests in …

Quant hires mutual fund industry outsider as next CEO
3 months, 3 weeks ago

Quant hires mutual fund industry outsider as next CEO

Live Mint  

Quant Mutual Fund confirmed it has appointed a new chief executive in an effort to decouple the CEO and CIO functions currently held by founder Sandeep Tandon. The new chief executive, who is set to join in April 2025, is a mutual fund industry outsider – from a global financial conglomerate – according to a source. Sameer Kate, who previously …

Quant Mutual Fund Hits All-Time High in AUM and NAV, Assets Cross Rs 94,000 Crore
8 months, 2 weeks ago

Quant Mutual Fund Hits All-Time High in AUM and NAV, Assets Cross Rs 94,000 Crore

News 18  

Quant Mutual Fund’s net asset value for most of its schemes and its assets under management have reached record highs, the company informed its investors on Saturday. As of July 12, 2024, the mutual fund house’s total AUM surpassed Rs 94,000 crore, marking an all-time high. Quant MF’s Clarification on Sebi Investigation This announcement followed an earlier communication from Quant …

Timeless tastes of the ‘City of Lights’
8 months, 2 weeks ago

Timeless tastes of the ‘City of Lights’

Live Mint  

Last week, I found myself in the enchanting city of Varanasi. On to the best of Mint’s journalism from this week: 💻 👨‍💻 India's burgeoning digital marketplace could soon face a new regulatory hurdle. Mint’s senior editor Gireesh Chandra Prasad, reports on the proposed move, inspired by Europe's Digital Markets Act, but tailored to better meet the requirements of India’s …

Quant Mutual Fund’s CFO Harshal Patel resigns amid SEBI’s front-running probe
8 months, 2 weeks ago

Quant Mutual Fund’s CFO Harshal Patel resigns amid SEBI’s front-running probe

Hindustan Times  

Quant Mutual Fund notified investors of the resignation of its Chief Financial Officer Harshal Patel saying that he has resigned due to personal reasons. Quant Mutual Fund announced Shashi Kataria's appointment as CFO, effective July 1. Quant Mutual Fund said, “Mr Shashi Kataria has been appointed as Chief Financial Officer, Operations Head and Executive Director of Quant Money Managers Limited …

Mix-up of mutual funds: Quantum MF clarifies it is different from probe-hit Quant MF
9 months ago

Mix-up of mutual funds: Quantum MF clarifies it is different from probe-hit Quant MF

Hindustan Times  

Quantum Mutual Fund has issued a statement distancing itself from the similarly-named Quant Mutual Fund after the latter came under Sebi scanner over allegations of front-running. In the last three days, Quant Mutual Fund investors have redeemed investments worth ₹1,400 crore as the market regulator reportedly started a probe over allegations of "front running”. “This is to clarify that Quantum …

Sebi initiates inquiry into Quant Mutual Fund over alleged front-running
9 months ago

Sebi initiates inquiry into Quant Mutual Fund over alleged front-running

India TV News  

Quant Mutual Fund, a prominent player in India's financial landscape, is currently under investigation by the Securities and Exchange Board of India over allegations of engaging in front-running activities. Sebi's inquiry into Quant Mutual Fund follows recent media reports detailing suspicions of irregularities. Fund's assurance and investor communication In response to these developments, Quant Mutual Fund promptly communicated with its …

Quant MF pivots from Adani to Ambani stocks. Here’s why
1 year, 1 month ago

Quant MF pivots from Adani to Ambani stocks. Here’s why

Live Mint  

Over the past six months, Quant Mutual Fund has built up an outsized bet on Reliance Industries Ltd, the conglomerate led by billionaire businessman Mukesh Ambani. View Full Image Graphic: Paras Jain In 2022, Quant MF built a similar concentrated exposure to the Adani Group but pared it down after October 2022 following a negative report by Hindenburg on the …

Invest long term, invest in India: Quant founder Sandeep Tandon
1 year, 10 months ago

Invest long term, invest in India: Quant founder Sandeep Tandon

Live Mint  

Sandeep Tandon is not your typical mutual fund chief executive officer. “Everyone wants to be the next Warren Buffett of India," Tandon, who is the CEO of Quant Mutual Fund, told Mint in an interview for the Guru Portfolio series. The Quant Mutual Fund team swears by this chart’s accuracy. If we talk about Quant’s mutual fund schemes, we can …

Invest long term, invest in India: Quant founder Sandeep Tandon
1 year, 10 months ago

Invest long term, invest in India: Quant founder Sandeep Tandon

Live Mint  

Sandeep Tandon is not your typical mutual fund chief executive officer. “Everyone wants to be the next Warren Buffett of India," Tandon, who is the CEO of Quant Mutual Fund, told Mint in an interview for the Guru Portfolio series. The Quant Mutual Fund team swears by this chart’s accuracy. If we talk about Quant’s mutual fund schemes, we can …

The secret sauce behind the little-known fund house disrupting India’s MFs
2 years, 10 months ago

The secret sauce behind the little-known fund house disrupting India’s MFs

Live Mint  

In the beginning were the rules. Like Kapoor, Hazarika and Biswas, thousands of investors have been impressed by Quant Mutual Fund’s performance. Tandon has based Quant Mutual Fund’s investment strategy on the heavy use of data. Quant Mutual Fund does not believe in the traditional model of ‘star’ fund managers or analysts specialising in particular sectors. Quant Mutual Fund portfolios …

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