How schemes of Quant Mutual Fund have performed after one month of Sebi’s raid

Mutual fund investors were left shocked when it was reported that Sebi has conducted raids at Quant Mutual Fund offices in a suspected case of front running. Since then, Quant Small Cap Fun, which has been consistently outperforming, has underperformed against its respective benchmark. The scheme gave 1.38% return compared to 2.68% by its benchmark (Nifty Smallcap 250 – TRI).

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Quant Mid Cap Fund lost around 0.26% since June 23 when Sebi’s raid was reported whereas its benchmark Nifty Midcap 150 – TRI offered 1.76% return. Quant Large & Mid Cap Fund delivered 1.45% return compared to 2.61% by its benchmark (NIFTY LargeMidcap 250 – TRI). Quant ELSS Tax Saver Fund, an ELSS fund, offered 1.09% return against 3.15% by its benchmark (3.15%).

Quant Focused Fund outperformed against its benchmark by offering 4.58% return in the said period against 3.15% return by its benchmark (NIFTY 500 – TRI). Quant Large Cap Fund managed to beat its benchmark by delivering 4.52% return against 3.55% by the benchmark (Nifty 100 – TRI).