Mutual Fund: Quant Mutual Fund's AUM touches its highest Rs 94,000 cr, NAV at all time high, AMC informs investors

Quant Mutual Fund on Saturday informed its investors that its Assets Under Management (AUM) and Net Asset Value (NAV) for most schemes are at an all-time-high. As of July 12, 2024, its total AUM was over Rs 94,000 crore. In January 2024, Quant MF crossed Rs 50,000 crore Assets Under Management (AUM). 

The message reported that the fund house experienced net outflows of Rs 696 crore and net equity outflows of Rs 877 crore within the past three weeks. 

Earlier in the day, Quant Mutual Fund informed its investors that the Sebi's data collection was not in the nature of routine inquiry but was part of a court-approved search-and-seizure operation. On July 13, the mutual fund house issued an email to its investors.

Net Asset Value (NAV) is a key metric used in finance to determine the market value per unit of a fund. To compute the NAV, you take the total market value of the fund's investments, subtract any liabilities and expenses, and then divide that figure by the total number of outstanding units in the fund. It's common practice for investment schemes to disclose their NAVs on a daily basis, providing investors with up-to-date information on the fund's value per unit.

The firm, incorporated in December 2007, commenced its operations in May 2008.

Quant Mutual Fund provides a wide range of investment op ions to its esteemed customers. With a total of 27 mutual fund schemes in its portfolio, Quant Mutual Fund caters to various investment preferences and risk appetites. Among these schemes, 21 belong to the Equity category, 3 to the Hybrid category, and 3 to the Debt category.

Among its top offerings are the flagship schemes that have garnered significant investor interest and contributed substantially to its AUM. These include the Quant Small Cap Fund, Quant Active Fund, and Quant ELSS Tax Saver Fund, highlighting the fund's focus on diverse investment opportunities and growth prospects.

1. Quant Small Cap Fund Fund Size: Rs 22,967 Crs Return (p.a): + 51.85%

2. Quant Infrastructure Fund Fund Size: Rs 3,882 Crs Return (p.a): + 48.06%

3. Quant Mid Cap Fund Fund Size: Rs 8,747 Crs Return (p.a): +43.81%

4. Quant ELSS Tax Saver Fund Fund Size: Rs 10,528 Crs Return (p.a): + 40.34%

5. Quant Flexi Cap Fund Fund Size: Rs 6,885 Crs Return (p.a): +40.24%