Quantum AMC announced the launch of a new fund offer (NFO) with Quantum Small Cap Fund. It opens for subscription on Monday, October 16 and closes on Friday, October 27, 2023. It is an open-ended equity scheme predominantly investing in Small CapStocks. It will be co-managed byChirag Mehta – Chief Investment Officer and AbhilashaSatale.
Commenting on the fund launch, Mr. Chirag Mehta, Chief Investment Officer& Fund Manager, Quantum AMC, said, “Our Small Cap Fund is meant for investors who are looking for long-term capital appreciation. To ensure good returns for our customers, we will make investments in lesser-known, smaller businesses with growth prospects. Over a period of time, these companiesincrease their revenue and earnings, which can ensure good returns for ourinvestors.”
Adding to it Mr.I. V. Subramaniam, MD & Group Head- Equities, Quantum Advisors – Sponsor to Quantum Mutual Fund, said, “Many of the new startups that have sprung up to solve many problems faced by the population could eventually list as small-cap companies and then eventually grow into sizable companies in the mid-cap or large-cap space”.