Quantum Mutual Fund announced the launch of the Quantum Small Cap Fund. The scheme opened for public subscription on October 16, 2023, and will close on October 27, 2023.
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As per Samir Arora, the fund house would look to focus only on active funds. This is against the trend of recent mutual fund house launches, which had focused on passive funds.
The fund house aims to be present across asset classes of equity and debt. This goes against many new-age fund houses that come with a differentiated strategy of launching either only equity or debt funds or focusing only on passive funds.