Quantitative (quant) investing, which employs mathematical models to make investment decisions, is catching the fancy of domestic mutual funds (MFs).
Aditya Birla Sun Life (ABSL) MF is set to launch its fund in this category next month, while SBI MF and Motilal Oswal MF have filed papers with the regulator for approval.
The investing style, which MFS can offer through the thematic route, hasn't gained much traction in India, even as the majority of the existing schemes have completed three years. There are eight schemes in the category managing around 5,400 crore, which is just 0.2 per cent of the total assets managed by active equity schemes.
This story is from the May 29, 2024 edition of Business Standard.
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This story is from the May 29, 2024 edition of Business Standard.
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