Quant Small Cap fund has provided stupendous returns in the last 18 months driving high on the market rally. Rated as a 4-star fund in the small cap category by both Morning Star and Value Research, Quant Small Cap fund's NAV was ₹29. Therefore, extremely risk-averse investors may look to avoid keeping small cap schemes in their portfolios," Sen cautioned. Generally speaking, pure small cap schemes are suitable only if your goals are at least 10-12 years away. What was once Escorts Mutual Fund became Quant Mutual Fund following a buyout of the asset management company by Quant Capital, a broking and mutual fund distribution in 2018.

Source: Mint October 08, 2021 12:33 UTC