Quant Mutual Fund releases answers to FAQs from investors after Sebi probe

The questions and answers were as given below.

FAQs:
1. Has the SEBI enquiry concluded? : No, it a regular ongoing process globally by regulator to collect data and analyze it.
2. Has anyone been convicted? : No. It is the regulator’s job to collect and analyze data on an ongoing basis. We have not received any communication after initial enquiries.
3. Are there any SEBI team personnel stationed in your office? : We have not heard from the regulators after their visit and no one is stationed in our office.
4. Are your offices functioning normally? : We have only two offices in Mumbai (Prabhadevi and Bandra) and both are functioning normally and at full capacity.
5. Are all team members attending office? : Yes. Everyone including sales, investment, dealing, finance, IT and others are working normally.
6. Can the team at quant MF deliver similar returns after this enquiry? : Returns are a by-product of research capabilities and style of management. In quant, we manage risk dynamically to give superior risk-adjusted returns. As mentioned, we are functioning normally and hence, the performance should be at par with our style.
7. What is the liquidity situation of the portfolio? : As of 26th June, 2024, cash and liquid investments were 53.49% of closing equity AUM of INR 88,270cr

On June 26, Quant Mutual Fund's founder and chief investment officer (CIO) Sandeep Tandon met with investors and other stakeholders over a Zoom call. In the call, he had not given any details about the market regulator’s investigation into allegations of front running, but assured investors and other stakeholders about the fund’s liquidity position and ability to manage risk.