Quant Money Market Fund Dividend is a Debt Mutual Fund Scheme launched by Escorts Mutual Fund. This scheme was made available to investors on 29 Dec 2005. Pushpa Rai is the Current Fund Manager of Quant Money Market Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 29 May 2020 is ₹16.91.
The Quant Money Market Fund Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 100.
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of Floating Rate Debt Securities (including floating rate securitised debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for floating rate returns). The scheme shall also invest in Fixed rate debt Securities (including fixed rate securitised debt, Money Market Instruments and Floating Rate Debt Instruments swapped for fixed returns).
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment