Quant Mutual Fund (MF), which was under Sebi's scanner for a front-running case, has informed unit holders that the assets under management (AUM) and net asset values (NAV) of most of its schemes have hit record highs till July. The fund's AUM has crossed Rs 94,000 crore as of July 12.

The fund house communicated this information to investors via mail on Saturday, providing clarity on Sebi's investigations into the allegations. Despite experiencing a net inflow of Rs 696 crore and a net equity inflow of Rs 877 crore in the last three weeks, the fund's AUM is at an all-time high.
The increase in AUM to Rs 94,000 crore is a significant milestone for the mutual fund house. However, investors were also informed about the probe initiated by the market regulator on the front-line allegations against the company.

Data collection by the regulator is not part of a" routine process. " Instead, it was "part of a court-approved search and seizure action in relation to an ongoing investigation initiated by SEBI," Quant MF mentioned in an email addressed to investors.

"The high risk-adjusted returns generated by our schemes are in line with our dynamic money management style," the mutual fund house said in its communication. "Recent outflows have been less than 1% of their AUM, impacting net inflows of Rs 696 crore and net equity outflows of Rs 877 crore. These figures are minuscule compared to their current AUM of Rs 94,000 crore.

Their liquidity situation remains "extremely healthy" and "more than 54% of assets are liquid, which includes large cap stocks, T-bills, G-secs, gold and silver. "The fund house has clearly indicated,

As per the June portfolio (last available data on ACE MF), the total assets under management of Quant MF stood at Rs 90,625 crore. The AUM of Quant schemes has increased as compared to May. Quant Small Cap Fund recorded the highest increase in asset base, rising by Rs 1,724 crore to reach a total AUM of Rs 22,967 crore in June as against Rs 21,242 crore in May.

The AUM of the quant mid-cap fund was recorded at Rs 8,747 crore in June, registering an inflow of Rs 794 crore against the May AUM of Rs 7,952 crore.

As of June 2024, debt schemes managed by the fund house received deposits in the range of Rs 0.76 crore to Rs 2.56 crore, the lowest among its mutual fund schemes. The fund house manages around 27 mutual fund schemes.