Quant fund unlike other MFs uses a data driven approach for stock selection and investment decisions based on pre-determined rules or parameters using statistics or mathematical based models.
It is not subjected to human biases unlike active funds.
Just felt like sharing this since, it is currently under investigation by the Securities and Exchange Board of India (Sebi) for suspected front-running, an illegal practice wherein fund managers place their own orders before executing large trades to profit from the anticipated price movement.
It is not subjected to human biases unlike active funds.
Just felt like sharing this since, it is currently under investigation by the Securities and Exchange Board of India (Sebi) for suspected front-running, an illegal practice wherein fund managers place their own orders before executing large trades to profit from the anticipated price movement.