Quant Mutual Fund launches Quant Healthcare Fund

The performance of the scheme will be benchmarked against S&P BSE Healthcare TRI . The scheme will be managed by Sandeep Tandon, Ankit Pande, Sanjeev Sharma and Vasav Sahgal.

iStock
Quant Mutual Fund has launched Quant Healthcare Fund, an open-ended equity scheme investing in the healthcare sector.

The new fund offer of the scheme is open for subscription, and it will close on July 11.

The performance of the scheme will be benchmarked against S&P BSE Healthcare TRI . The scheme will be managed by Sandeep Tandon, Ankit Pande, Sanjeev Sharma and Vasav Sahgal.


The investment objective of the scheme is to seek long term capital appreciation by investing in equity/equity related instruments of companies from the healthcare sector.

The scheme will invest at least 80% in healthcare, life sciences, insurance and wellness companies that are expected to benefit from increased investments in healthcare infrastructure and service delivery, including advanced medical technology. These include pharmaceuticals, biotech, hospitals, medical devices, diagnostic services, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, medical equipment, MedTech etc.

The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter. The scheme will offer a regular plan and direct plan – with growth and IDCW options.
ADVERTISEMENT

The scheme will invest 80-100% in equity and equity related instruments in healthcare space, 0-20% in equity and equity related instruments other than healthcare space, 0-20% in foreign securities including ADRs / GDRs / Foreign equity and debt securities and overseas ETFs, 0-20% in debt & money market instruments, and 0-5% in units issued by REITs & InvITs.

The scheme is best suitable for investors seeking capital appreciation over the long term.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

Top Mutual Funds

3 M(%)
6 M(%)
1 YR(%)
3 YRS(%)

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Save with Tax planning SIP's

More from our Partners

Loading next story
Business News › Mutual Funds › Mutual Funds News › Quant Mutual Fund launches Quant Healthcare Fund
Text Size:AAA
Success
This article has been saved

*

+