Thursday, July 14, 2011

RELIANCE QUANT PLUS FUND:- FUND BASED ON MATHEMATICAL MODEL

INTRODUCTION:

A Moderate Large-cap Oriented Fund. It is actively managed Quant based fund focusing on constituents of S&P CNX Nifty Index. It is this fund is suitable for those investors who are seeking capital appreciation and growth vis-à-vis the benchmark index in all market conditions by investing in a concentrated active portfolio of frontline stocks which is constructed on the basis of a mathematical model. 

What is Quant?
  • It is a scientific approach to financial markets, as investment strategies are researched and back tested before exercised which allows investors to meet their investment objective with higher transparency.
  • Provides an ALTERNATIVE view on a company that hold no emotion or bias, which means this process, may help to boost returns and reduce the risk.
  • Quant Funds look for higher returns and generally do not hold stocks for a long period.

Advantages of Quant Funds
  • Quant Funds measures recent market volatility and exclusive factors that drive markets and are expected to provide good performance.
  • Quant Funds are more actively managed than Index funds but less active than traditional equity funds but endeavors to provide better returns than benchmark in all market conditions.
  • The most obvious advantage is that quantitative models can examine a much larger universe of stocks than human analysts.

About Reliance Quant Plus Fund
  • An investment fund that approach stock selection process based on quantitative analysis.
  • Fund will focus on stocks from constituents of S&P CNX Nifty.
  • The model would shortlist 15-20 S&P CNX Nifty stocks through a screening mechanism at pre-determined intervals, i.e. on weekly basis.
Reliance Quant Plus Fund: Quant Factors 


Our Quant model captures those factors which may generate higher returns.
  • Valuation: 1-yr fwd earnings yield, book value yield and PEG etc;
  • Earnings: Earnings Momentum, Growth and recommendation change etc;
  • Price: RSI, Overbought/Oversold and Price Momentum etc;
  • Quality: RoE, Market capitalization, Liquidity and Volatility etc.
Source: http://reliancemutual.com/OurSchemes/SchemeDetails.aspx?Id=222


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