What is AMC in financial services?
Asset management companies (AMCs) are firms pooling funds from various individual and institutional investors and investing in various securities. The company invests the funds in capital assets such as stocks, real estate, bonds, and so on.
Who owns Quantum mutual fund?
Setting up a mutual fund to invest in India was an idea that Ajit Dayal – the founder of Quantum – had when he was studying in USA in 1983.
Is quantum and quant MF same?
No, they both are different mutual fund companies. Quant is the new name of an earlier fund house, Escorts Asset Management.
What are Quantum funds?
Quantum Long Term Equity Value Fund is a fund that is ideal for investors with a long term time horizon and looking for diversification in equities. The fund was launched in 2006 and follows the value investing philosophy, providing the perfect solution for you to achieve your financial goals.
What are the SEBI requirements of AMC?
They monitor the performance and compliance of SEBI Regulations by the mutual fund. SEBI Regulations require that at least two-thirds of the directors of trustee company or board of trustees must be independent i.e. they should not be associated with the sponsors. Also, 50% of the directors of AMC must be independent.
How do Closed end funds trade?
A closed-end fund is a type of mutual fund that issues a fixed number of shares through a single initial public offering (IPO) to raise capital for its initial investments. Its shares can then be bought and sold on a stock exchange but no new shares will be created and no new money will flow into the fund.
How safe is quant mutual fund?
Though quant funds are free from fund manager bias, the method used for stock selection is not transparent as each fund keeps its model ‘proprietary’ and does not disclose it in the public space. Another risk is that these funds’ performance cannot be compared against the benchmark indices like Sensex or Nifty.
How is Quantum Liquid Fund?
Liquid funds invest primarily in money market instruments like certificate of deposit, treasury bills, commercial paper and term deposits. Liquid Funds invest only in securities which mature in less than 91 days. Quantum Liquid Fund prioritizes Safety and Liquidity over Returns.
Who is registrar of quant mutual fund?
(15) Applications should be submitted at any of the Designated Investor Service Centre (DISCs) of quant Mutual Fund or Karvy Computershare Pvt. Ltd.