SBI Mutual Fund launched the SBI Quant Fund, an open-ended equity scheme focusing on long-term capital appreciation through quantitative analysis. The NFO is open until December 18, requiring a minimum investment of ₹5,

The scheme aims to generate long-term capital appreciation by investing in equity and equity-related instruments selected based on an in-house quant model. The fund's benchmark is the BSE 200 TRI.

SBI Quant Fund, which opened for subscription on December 4, marks the entry of the fund house into the quant space.

The scheme aims to generate long-term capital appreciation by investing in equity and equity-related instruments selected based on an in-house quant model. However, there can be no assurance that the investment objective of the scheme will be realised.

According to the fund house, the model will identify stocks as momentum, value, quality, or growth based on data

SBI Mutual Fund launching active Quant fund with rule-based approach, integrating momentum, value, quality, and growth factors.

Nine mutual fund NFOs are opening this week, including TATA FMP-61-D-91D, Kotak Nifty 100, SBI Quant Fund, and Bajaj Finserv Healthcare Fund. They focus on equity, fixed income, and sector-specific themes.