Quant Mutual Fund Announces change in Exit Load Structure

Published on Aug 09, 2023 09:25

Quant Mutual Fund has announced that the exit load of the following scheme stands revised with effect from August 11, 2023 (`Effective Date`). The details of existing and revised exit load are as follows:

Change in Exit Load:

Name of the Scheme	Existing Exit Load	Revised Exit Load
Quant Absolute Fund, Quant Active Fund, Quant BFSI Fund, Quant Business Cycle Fund, Quant Dynamic Asset Allocation Fund, Quant Flexi Cap Fund, Quant Focused Fund, Quant Healthcare Fund, Quant Large Cap Fund, Quant Large and Mid Cap Fund, Quant Multi Asset Fund, Quant Quantamental Fund, Quant Value Fund	NIL	For redemption / switch outs (including SIP/STP) within 15 days from the date of allotment of units, irrespective of the amount of investment: 1%
Quant ESG Equity Fund	For redemption / switch outs (including SIP/STP) within 1 year from the date of allotment of units, irrespective of the amount of investment: 1%	For redemption / switch outs (including SIP/STP) within 15 days from the date of allotment of units, irrespective of the amount of investment: 1%

Further, the change in load structure of quant Manufacturing Fund as mentioned below will be effective from August 16, 2023

Change in Exit Load:

Name of the Scheme	Existing Exit Load	Revised Exit Load
Quant Manufacturing Fund	NIL	For redemption / switch outs (including SIP/STP) within 15 days from the date of allotment of units, irrespective of the amount of investment: 1%