The new fund offer of the scheme is open for subscription and will close on July 26. The Scheme will reopen for subscription/redemptions within five business days from the date of allotment of units.
The scheme will be benchmarked against NIFTY 200 TRI.
The scheme will be managed by Harish Krishnan (equity investment), Abhishek Bisen (debt investment), and Arjun Khanna (foreign securities investments).
The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities, selected based on the quant model theme. The investment process will be based on a factor-based approach with the aim of generating superior risk-adjusted returns compared to the benchmark.
The minimum subscription amount is Rs 5,000 and in multiples of Re 1 for purchases and of Re 0.01 for switches. The scheme will offer a regular plan and direct plan – with growth and IDCW options. The scheme will invest 80-100% in equity and equity related instruments based on quant model theme, 0-20% in equity and equity related securities of companies other than quant model theme, 0-20% in overseas mutual funds schemes / ETFs / Foreign Securities, 0-20% in debt and money market securities, and 0-10% in units of REITs & InvITs.Nilesh Shah, Managing Director, Kotak Mutual Fund, said, “Imagine an impactful partnership between an experienced umpire and advanced technology such as Decision Review System (DRS). In a similar fashion, Kotak Quant Fund combines the knowledge of our investment team with the invaluable insights obtained from our quant model. This dynamic collaboration, comparable to an umpire utilizing DRS, aims to construct a portfolio through a well-balanced and data-driven investment strategy. However, it is important to note that this fund should not be evaluated based on short-term performance and necessitates patience to witness results over a period of 3-5 years.”
Harsha Upadhyaya, CIO – Equity, Kotak Mutual Fund, said, “Kotak Quant Fund seeks to generate long term capital appreciation with data-driven investing, where the wisdom of market data meets the quant model. By blending fundamental insights with behavioural factors, this open-ended equity scheme endeavours to deliver an optimized portfolio that paves the way for long-term capital appreciation. Embrace the future of investing and seize the potential for growth through our quant-based approach.”
