To Invest In Less Known Cos With Bright Prospects
Small Cap stocks have demonstrated the capability of giving good returns potential, Chirag Mehta, Chief Investment Officer & Fund Manager, Quantum AMC, said.
MUMBAI, Oct 12 (The CONNECT) – Quantum AMC announced the launch of a new fund offer (NFO) – Quantum Small Cap Fund. It opens for subscription on Monday, October 16 and closes on Friday, October 27, 2023.
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An open-ended equity scheme predominantly investing in small cap stocks, the scheme will be benchmarked against S&P BSE 250 Small Cap total return index (TRI). Its investment objective is to generate capital appreciation by investing in Small Cap Stocks.
The scheme will have a Direct and Regular Plan. The Fund managers will allocate 65%-100% to the equity and equity-related instruments of small cap Companies.
Chirag Mehta, Chief Investment Officer & Fund Manager, Quantum AMC, said, “Our Small Cap Fund is meant for investors who are looking for long-term capital appreciation.”
“We have seen that in the long term, Small Cap stocks have demonstrated the capability of giving good returns potential,” he said.
“To ensure good returns for our customers, we will make investments in lesser-known, smaller businesses with growth prospects. Over a period of time, these companies increase their revenue and earnings, which can ensure good returns for our investors,” Mehta explained.
I. V. Subramaniam, MD & Group Head- Equities, Quantum Advisors – Sponsor to Quantum Mutual Fund, said, “Many of the new startups that have sprung up to solve many problems faced by the population could eventually list as small-cap companies and then eventually grow into sizable companies in the mid-cap or large-cap space.