UTI Quant Fund – Direct (G) : NFO Details

The UTI Quant Fund, an open-ended equity strategy with a quantitative investment focus, has been introduced by UTI Mutual Fund. Beginning on January 24, 2025, there will be ongoing sales and repurchases of the New Fund Offer (NFO), which will commence on January 2, 2025, and finish on January 16, 2025. The fund makes methodical, research-based equity investments with the goal of generating long-term capital growth.

Details of the NFO: UTI Quant Fund – Direct (G)

Investment Strategy

The scheme seeks to generate long term capital appreciation by investing in equity and equity related instruments by following a quantitative investment theme.

The UTI Quant Fund employs a "integrated investing" strategy that blends the Factor Allocation Model and the proprietary Score Alpha model. This method, which has been used for the equity portfolio of the UTI Multi Asset Allocation Fund from April 2022, places a strong emphasis on methodical and empirically supported approaches to managing market complexity.

Fund manager Sharwan Kumar Goyal and chief investment officer Vetri Subramaniam have emphasised that the fund is set up to strike a balance between risk and return, using dynamic fund allocation to seize market opportunities while controlling hazards. Traditional investment approaches might not give the flexibility and adaptability that this thematic fund does.

Key Features of UTI Quant Fund

Using a quantitative investment strategy, UTI Quant Fund mainly concentrates on equities investments. Based on the quantitative theme, the fund will allocate 80–100% of its assets to equities and equity-related securities, 0–20% to equity instruments that do not match the theme, 0–20% to debt and money market instruments, and 0–10% to REITs and InvITs.

The fund will be managed by seasoned fund managers Sharwan Kumar Goyal and Deepesh Agarwal, and it will be benchmarked on the BSE 200 TRI. Investors can begin with a ₹1,000 minimum investment and make further ₹1 investments in multiples of that amount. Options for SIPs include quarterly SIPs at ₹1,500 and daily, weekly, and monthly SIPs starting at ₹500. If redeemed or swapped out within 90 days after allotment, there is a 1% exit load; otherwise, there is no exit burden.