Quant Mutual Fund has filed a draft document with Sebi for an index fund - Quant Nifty 100 Index Fund. This will be the second passive offering by the fund house as at present the fund house offers a silver ETF.
Quant Nifty 100 Index Fund will aim to provide returns that, before expenses, closely correspond to the total returns of the securities represented by the Nifty 100 Index, subject to tracking error.