Quant Mutual Fund Launched an Open-ended Equity Scheme ‘Quant Business Cycle Fund’

Current Context: Quant Business Cycle Fund is an open-ended sectoral or thematic fund scheme that seeks to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles.

• The New Fund Offer (NFO) opened on May 12, 2023 and will close for subscription on May 25, 2023.
• The performance of the scheme will be benchmarked against NSE 500 TRI.The scheme will be managed by Sandeep Tandon, Anikt Pande, Sanjeev Sharma, and Vasav Sahgal.
• The minimum subscription amount for investment in this scheme is Rs 5,000 and the minimum additional purchase/switch in this scheme is Rs 1,000.
• The scheme would follow the top-down approach of portfolio construction to identify the stage of the business cycle, through domestic and global risk appetite and liquidity analytics, to arrive at a risk on/risk off assessment for sectors and stocks.

Question:

Q.1 What is the name of the fund house that launched Quant Business Cycle Fund?
a. Quantum Mutual Fund
b. Quant Mutual Fund
c. Quantic Mutual Fund
d. Quantico Mutual Fund