quant Mutual Fund launches quant Nifty Midcap 150 Index Fund

NFO period: 12^th Oct - 26^th Oct, 2026

Highlights of the NFO:

• Scheme type - An open-ended scheme replicating/tracking Nifty Midcap 150 Total Return Index


• Investment objective - The investment objective of the Scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities represented by the Nifty Midcap 150 Index, subject to tracking error. There can be no assurance that the investment objective of the Scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking to provide returns that, before expenses, closely correspond to the total returns of the securities represented by the Nifty Midcap 150 Index, subject to tracking error.


• Minimum Application Amount - Rs. 5,000/- and in multiples of Re. 1/- thereafter


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Sameer Kate, Mr. Sanjeev Sharma & Mr. Yug Tibrewal.


• Benchmark - Nifty Midcap 150 Total Return Index (TRI)