You can now distribute schemes of Quant Mutual Fund without any empanelment.
In a communication, MF Utility said, “We are pleased to inform that you may sign up with MFU and start selling the schemes of Quant Mutual Fund. You will be eligible to receive commission and empanelment with Quant Mutual Fund is not mandatory.”
Back in February 2018, Quant capital, a stock broking and mutual fund distribution has forayed into asset management business with the acquisition of Escorts Mutual Fund. The fund house manages AUM of Rs.185 crore as on September 2018.