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UTI Mutual Fund has launched UTI Quant Fund, an open-ended and actively managed equity scheme that follows a quantitative investment strategy.
The fund employs a factor allocation model to dynamically assign weights to four key factors—momentum, quality, low volatility and value with a goal of generating alpha over the benchmark.
In a press release, Vetri Subramaniam, Chief Investment Officer, UTI AMC, said, “Our aim is to provide investors with a systematic and research-driven way to navigate market complexities and make more informed investment decisions. This fund uses an ‘integrated investing’ approach combining our investment process score alpha with our proprietary factor allocation model. The UTI Multi Asset Allocation fund has adopted this process for management of its equity portfolio from April 2022 and we are happy to now offer this expertise and approach in an equity fund.”
Sharwan Kumar Goyal, Head – Passive, Arbitrage & Quant Strategies, UTI AMC, added, “The fund is designed to empower investors with evidence-based strategies, offering flexibility and adaptability that traditional investment approaches may not provide. By leveraging a dynamic fund allocation model, the fund captures opportunities while carefully managing risks. We hope that this balance of risk and return would make the fund an appealing option for those seeking potential returns across varying market conditions.”
