Quant Mutual Fund Crosses Rs.1 Lakh Crore in AUM in August 2024
Quant Mutual Fund has crossed a major milestone of Rs.1 lakh crore in its AUM in August 2024. This is now powered by more than 81 million unique investors of the fund house, which has been one of the fastest-growing fund houses in the last few years.
The fund house, in a statement, said it has built an emotional connection with its stakeholders. “This emotional connect, along with superior performance, has helped the fund house achieve such a milestone in such a short time,” it said.
The fund house has also extended congratulatory greetings to its investors, saying their faith and support were critical for this milestone. They then added that the milestone is a verdict on their capabilities in generating consistent superior risk-adjusted returns. It also marks the beginning of a new innings in this journey of smart investing in India.
For Quant Mutual Fund, this is not a mere number, but also a reflection of the deep trust given to it by the investors. This, besides the numerical figure, is essentially an assurance from the investors on their confidence and a strong statement towards the capability and determination of the fund to become the driver for wealth creation.
Currently, Quant Mutual Fund manages 27 mutual fund schemes comprising 21 equity schemes and three each in hybrid and debt. It also termed its future plans, as it positions itself at the centre of India’s growth story to create new avenues for wealth creation for its investors.
For furthering into the future, the fund house is well committed to using this as a momentum builder in the continued strive for the best wealth management services to its investors.
