Quant Mutual Fund launches Quant Overnight Fund

by News Team | Mutual Fund

NFO period: 05th December – 05th December, 2022

Highlights of the NFO:

  • Scheme type – An open ended Overnight scheme investing in overnight securities

  • Investment objective – To generate returns by investing in debt and money market instruments with overnight maturity. However, there can be no assurance that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking to generate income through a portfolio comprising money market and debt instruments.

  • Minimum Application Amount – First investment is Rs.5000/- and in multiples of Rs.1/- thereafter

  • Plan/ Options available – Regular Plan & Direct Plan having Growth and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).

  • Fund Manager – Mr. Sanjeev Sharma

  • Benchmark – CRISIL Overnight Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)