NFO review: Quant Value Fund

After facing a rough patch, value-oriented mutual funds have seen an improvement in their returns this year. And it seems that fund houses are seizing this opportunity by filling the gap in their product basket. The latest entrant to the open-end value-oriented-fund category is Quant Value Fund, being launched by Quant Mutual Fund. This is to mention that since December last year, the category has already witnessed the launch of four new funds. The subscription to the new fund offer (NFO) of Quant is open till November 24, 2021. About the strategy In the world of mutual funds, value-oriented schemes follow the 'value-investment' strategy that primarily focuses on investing in the stocks that are available at a discount or more specifically, at a price that is less than their intrinsic value. Financial ratios like price-to-earnings (P/E) and price-to-book (P/B) value are often used to identify such stocks. The lower the ratios, the higher is the discount. However, the fund house believes that when it comes to calculating the intrinsic value, more