Quant Mutual Fund’s quant PSU Fund is an open-ended equity scheme focused on the thematic investment in Public Sector Undertakings (PSUs). Launched on February 2nd, 2024, it aims for long-term capital appreciation by primarily investing in equity and equity-related securities of PSUs. This new fund offers closes on February 15th, 2024, and requires a minimum investment of Rs 5,000 with no entry load but an exit load of 1% for redemptions within 15 days of unit allotment. Remember, there’s no guarantee the scheme’s objective will be achieved.
Investment Objective
The objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of Public Sector Undertakings (PSUs). There is no assurance that the investment objective of the Scheme will be realized.
Funds Allocation
| Asset Class Allocation | Normal Allocation (% of net assets) | Risk Profile |
| Equity and equity related instruments of PSUs | 80 – 100 | Very High |
| Equity and equity related instruments other than PSUs | 0 – 20 | Very High |
| Debt and money market instruments | 0 – 20 | Low to Medium |
| Foreign Equity and Equity related instruments and Overseas ETFs | 0 – 20 | Very High |
| Units issued by REITs & InvITs | 0 – 20 | Very High |
The scheme retains the flexibility to invest across all the securities in the debt and money markets and does not intend to invest in securities with Structured Obligations or Credit Enhancements.
Fund Managers – (Tenure Performance: 115.02%)
Sandeep Tandon, 52 years Fund Manager – Equity, MBA, Tenure Performance: 115.02%
Ankit Pande, 37 years Fund Manager (Equity), CFA, MBA,
Sanjeev Sharma, 44 years Fund Manager (Debt) PGDBA(Fin.), M.com and CerTM (Treasury & Forex Risk)
Vasav Sahgal, 28 years Fund Manager (Equity), B.com & CFA
Benchmark – S&P BSE PSU Index TRI
Peers Annual Returns
| Scheme Name | Launch Date | AUM (Crore) | Expense Ratio (%) | Returns as on – 05-02-2024 in % | ||||
| 2024 | 2023 | 2022 | 2021 | 2020 | ||||
| Invesco India PSU Equity Gr | 18-11-2009 | 697.2938 | 2.37 | 12.85 | 54.48 | 20.54 | 31.05 | 6.07 |
| ICICI Pru PSU Equity Fund Gr | 09-09-2022 | 1873.85713 | 2.05 | 15.88 | 52.72 | – | – | – |
| ABSL PSU Equity Reg Gr | 30-12-2019 | 1936.9651 | 2.05 | 16.67 | 59.28 | 28.55 | 37.1 | – |
| SBI PSU Fund Reg Gr | 07-07-2010 | 1158.8712 | 2.23 | 17.18 | 54.03 | 29.01 | 32.41 | -9.98 |
| Equity: Thematic-PSU | – | – | – | 15.65 | 55.13 | 26.03 | 33.52 | -1.96 |
| Nifty PSU Bank TRI | – | – | – | 15.2 | 33.28 | 74.67 | 44.82 | -30.57 |
| Category Returns | Equity: Thematic-PSU |
| 1-Week Ret (%) | 6.21 |
| 1-Month Ret (%) | 13.11 |
| 3-Months Ret (%) | 44.58 |
| 6-Months Ret (%) | 56.66 |
| YTD Ret (%) | 15.65 |
| 1-Year Ret (%) | 88.34 |
| 3-Yrs Ret (%) | 41.52 |
| 5-Yrs Ret (%) | 26.52 |
| 10-Yrs Ret (%) | 18.12 |
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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