QSIF Sector Rotation Long-Short Fund is open for subscription. 8 key details to know

Quant Mutual Fund has launched QSIF Sector Rotation Fund, marking the fifth offering by the fund house under SIF segment. Here are the key 10 things one should know before investing (Source: Quant Mutual Fund)

The new fund offer or NFO of the scheme is open for subscription and will close on May 11. The fund will re-open for continuous sale and repurchase within five business days from the date of allotment of units under NFO.

The fund is an open-ended investment strategy investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of maximum four sectors.

The performance of the fund will be benchmarked against Nifty 500 TRI. The fund will be managed by Sandeep Tandon, Jignesh Shah, Ankit Pande, Sameer Kate and Sanjeev Sharma.

The minimum investment amount is Rs 10 lakh and in multiples of Re 1 thereafter. For SIP, the minimum amount is Rs 10,000 and in multiples of Re 1 thereafter with minimum six installments.

The fund will allocate 80-100% in investment in equity and equity-related instruments of maximum 4 sectors, 0-20% in investments in Debt and Money Market Instruments and 0-20% in investments in InVITS

The fund is suitable for investors who are seeking to achieve long-term capital appreciation by concentrating investments in equity and equity-related instruments of up to four high-potential sectors, while employing limited short exposure through derivatives to capitalize on sector-specific downturns and enhance risk-adjusted returns.

The principal invested in the fund is in risk band level five according to the riskometer of the fund.