The PSU program offered by Quant Mutual Fund outperformed the benchmark BSE PSU Index TRI in July, registering an amazing return of 11.39%. The program fared better than its counterparts, and other house funds yielded good returns as well. The performance of many mutual fund schemes in July is described in depth in the article.
Quant Mutual Fund’s PSU fund, led by Sandeep Tandon, achieved the highest monthly return of 11.39% in July, outperforming peers. The open-ended equity scheme, managed by Tandon, Ankit Pande, Sanjeev Sharma, and Vasav Sahgal, invests in PSU/PSU subsidiaries and has 83,977 folios. The fund offers an exit load of 1% for redemptions within 15 days.
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The fund house’s three schemes, Quant Healthcare Fund, Quant ESG Equity Fund, and Quant Commodities Fund, all offered returns of around 9% in the last month. Quant Focused Fund, Quant Large & Mid Cap Fund, and Quant Active Fund also yielded returns.
