What Makes Quant Funds Different From Others? Kotak Mahindra AMC's Harsha Upadhyaya Breaks It Down

Kotak Mahindra Mutual Fund launched its quant mutual fund on August 2, 2023, and it has since delivered impressive returns of 51.65%. With a market cap of ₹1,26,123 crore, the fund primarily focuses on giant and large-cap stocks, investing heavily in consumer discretionary, financials, and energy utilities. Harsha Upadhyaya, CIO of Kotak Mahindra AMC, discusses the fund's strategic approach. Quant funds, known for their non-traditional and passive nature, rely on numerical data and quantitative analysis to select securities. They utilize customized models and software to guide investment decisions.