Quantum AMC announced the launch of a new fund offer (NFO) with Quantum Small Cap Fund. It opens for subscription on Monday, October 16 and closes on Friday, October 27, 2023. It is an open-ended equity scheme predominantly investing in Small CapStocks. It will be co-managed by Chirag Mehta – Chief Investment Officer and Abhilasha Satale.
The scheme aims to generate capital appreciation by investing in Small Cap Stocks, benchmarked against the S&P BSE 250 Small Cap total return index. The fund managers will allocate 65%-100% to equity and equity-related instruments of Small Cap Companies. The investment philosophy includes disciplined fund capacity, prioritizing liquidity, a high-conviction portfolio of 25 to 60 stocks, agile portfolio construction, limited ownership, and a minimum weight of 2% at cost in each stock. The scheme has a track record of building portfolios since 2006 and aims to avoid becoming a “closet” Small Cap Index.
Commenting on the fund launch, Mr. Chirag Mehta, Chief Investment Officer& Fund Manager, Quantum AMC, said, “We have seen that in the long term, Small Cap stocks have demonstrated the capability of giving good returns potential.
