Quant MF introduces Overnight Fund

Quant Mutual Fund (MF) has launched Quant Overnight Fund, an open-ended Overnight Scheme investing in overnight securities. The NFO opens and closes for subscription on December 05, 2022. The Entry load and the Exit load nil for the scheme. The minimum subscription amount is 5,000 and in multiples of Rs 1 thereafter.

The performance of the Scheme will be benchmarked with CRISIL Overnight Index and its fund manager is Sanjeev Sharma.

The investment objective of the scheme is to generate returns by investing in debt and money market instruments with overnight maturity.