What can't Quant do? 3 interesting facts that highlight their rise and rise

While Quant AMC may have been tripped by front-running allegations yesterday (June 23, 2024), it has been a one-of-a-kind fund house because it learned to crawl, walk, and run in no time. Here are a few interesting numbers that showcase the fund house's blistering pace of growth in the last few years. (Read more: What is front-running and how it impacts investors' gains ) 1. Unprecedented growth Quant Mutual Fund's growth since 2018 is nothing short of astronomical. Its total assets (assets under management) have grown nearly 800 times since December 2018. Today, it commands nearly 1.5 per cent of the mutual fund industry's assets. 2. Performance kings Regarding performance, 2023 looks like an anomaly in their otherwise impeccable track record of always being in the top quartile. Forget being in the top 25 per cent of performers, if you look at the table below, you'll notice these funds beating their benchmarks and peers by a thumping margin. That said, Quant funds' experience significant volatility, as shown in the table below. For Quant, high risk begets high reward Data for last five years, unless mentioned Fund standard deviation (%) Average peer's standard deviation (%) Fund alpha (%) Average peer's alpha (%) Quant Small Cap 27.1 22.7 14.5 6 Quant Active (Since Jan 2021) 16.3 13.5 9.9 5.4 Quant ELSS Tax Saver 21.4 18.4 13.4 0.8 Quant Mid Cap 20.6 20.5 10.1 0.6 Quant Flexi Cap (Since Jan 2022) 16.