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 New Fund Offer (NFO) for this scheme will be available for subscription from December 4 until December 18, 2024. Following the initial offering period, the scheme will be open for continuous sale and repurchase within five business days from the allotment date.

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.

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

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.