The fund aims to copy the Nifty 100 TRI, which tracks 100 large listed companies. Its goal is to match the index returns before costs, with a small gap.
It lets you hold large Indian companies without depending on a manager’s stock picks.
Quant Nifty 100 Index Fund NFO details
Fund name | |
Fund type | Open-ended index fund |
Category | Other Schemes, Index Funds |
Nature of scheme | Passive, tracks the Nifty 100 TRI |
Benchmark | Nifty 100 TRI |
Fund managers | Sameer Kate, Sanjeev Sharma, Yug Tibrewal |
NFO opens | 12-10-2026 |
NFO closes | 26-10-2026 |
Allotment or reopening date | Not available |
Minimum investment | ₹5,000 and in multiples of ₹1 |
Additional investment | ₹1,000 and in multiples of ₹1 |
SIP amount | ₹1,000 (weekly, fortnightly, monthly); ₹3,000 (quarterly) |
NAV | ₹10 per unit |
Stamp duty | 0.005% of the transaction value |
Entry load | Not applicable |
Exit load | Nil |
Quant Mutual Fund (AMC) details
AMC name | Quant Money Managers Limited |
Assets under management | ₹1,04,138.13 crore |
Website | |
Office address | 6th Floor, Sea Breeze Building, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025 |
Contact number | 022-6295 5000 |
Source: AMFI India: New fund offer: quant Nifty 100 Index Fund
What has quant Mutual Fund launched?
This is an open-ended index fund. Open-ended means you can buy and sell units on any business day once the NFO ends. A unit is a small slice of the fund, priced at ₹10 during the NFO.
An index is a fixed list of companies with set weights. The Nifty 100 holds 100 large companies picked from the Nifty 500 by market value. “TRI” means total return index, which counts dividends too.
The fund is passive, so no one picks stocks. It holds the index companies in index proportions, with at least 95% of its money in those shares. Up to 5% can sit in debt and money market instruments (short-term lending) for everyday needs.
The aim is to match index returns before costs. The gap that remains is called tracking error. Under normal conditions, the fund aims to keep it within 2% a year.
How does the quant Nifty 100 Index Fund work?
Step | What happens? |
1 | NSE Indices picks 100 large companies from the Nifty 500 and sets their weights by free-float value (shares available to the public). |
2 | You invest during the NFO at ₹10 a unit. |
3 | The fund buys all 100 shares in index weights, within 30 business days of allotment. |
4 | The index is reviewed twice a year (cut-offs 31 January and 31 July). The fund copies each change. |
5 | New money buys shares in index weights. Withdrawals sell them the same way. |
6 | The AMC publishes the tracking error daily on its website and the AMFI website. |
Let’s understand through an example
Say you invest ₹10,000 in the NFO at ₹10 a unit. You receive 1,000 units.
The fund spreads your money across the 100 companies in index proportions. If a company is 8% of the index, about ₹800 of your ₹10,000 sits in it.
When the index adds or drops a company, the fund makes the same change. Your units move with the index, less costs.
Quant Nifty 100 Index Fund portfolio allocation
Instrument | Minimum | Maximum |
Equity and equity related securities in the Nifty 100 | 95% | 100% |
Debt and money market instruments | 0% | 5% |
The fund may use equity derivatives (contracts linked to share prices) only to rebalance, for up to 7 days at a time. As at 30-09-2026, the three largest index weights were HDFC Bank (8.41%), ICICI Bank (7.34%) and Reliance Industries (6.15%), per the scheme document.
Investment strategy of the Nifty 100 index fund
There is no stock selection here. The fund mirrors the index and rebalances when the index changes or money flows in or out. That sets it apart from active management.
Costs matter too. The base expense ratio is up to 0.90% of daily net assets, plus brokerage, GST and other levies. The AMC publishes the actual daily expense ratio on its website.
You can pick a Regular Plan (through a distributor) or a Direct Plan (straight from the AMC), each with Growth and IDCW options. IDCW stands for income distribution cum capital withdrawal.
Potential benefits of the quant Nifty 100 Index Fund
Potential benefit | Why does it matter? |
100 large companies in one fund | One purchase gives you a stake in 100 of India’s larger listed companies. |
Rules-based approach | Holdings follow the index, so results do not hang on one manager’s stock calls. |
Flexible ways to invest | You can use SIP, STP, SWP and switches, with SIPs from ₹1,000. |
No entry or exit load | You pay no load when you buy or sell units. |
Things to know before you invest in the quant Nifty 100 Index Fund
Point | What does it mean? |
The fund follows the index | It holds all 100 stocks whatever their performance, and its value moves with the Nifty 100. |
Gap from the index | Costs, spare cash and trade timing can make returns differ slightly from the index. |
A few names carry more weight | HDFC Bank, ICICI Bank and Reliance together made up about 21.9% of the index on 30-09-2026. |
Price limits on some stocks | If a stock hits its daily price limit (circuit), the fund may buy or sell later, which can widen the gap. |
No promise on returns | The scheme document gives no assurance that the objective will be met. |
Who may consider the quant Nifty 100 Index Fund?
Investor type | Why it may fit |
Those who prefer an index to an active manager | The fund is built to follow the index, not beat it. |
Salaried investors starting a monthly SIP | SIPs begin at ₹1,000. |
People saving for a goal 10 years or more away | Our reading: a long gap before you need the money suits equity linked funds. |
Who may not find it suitable?
Investor type | Why it may not fit |
Those who want a manager to beat the market | A passive fund aims only to match the index. |
Anyone who needs a fixed or assured return | The fund value depends on the market, and no return is promised. |
Investors who need the money soon | Our reading: a short holding period leaves little time for market swings to settle. |
Nifty 100 index fund vs traditional investment options
Option | Return potential | Liquidity | Horizon | Suitable investor |
Fixed deposit | Fixed at booking | Early exit may cost a penalty | Fixed term | Wants set interest |
Debt mutual fund | Depends on bond yields | Redeem on business days | Short to medium | Wants steadier income |
Hybrid fund | Blend of equity and debt | Redeem on business days | Medium to long | Wants a mix |
Equity mutual fund | Linked to share markets | Redeem on business days | Long | Wants growth |
This new fund | Tracks Nifty 100 TRI | Redeem on business days | Long | Wants an index approach |
Quant Nifty 100 Index Fund review by Zenith Finserve
This is a plain index fund. It copies 100 large Indian companies and makes no attempt to beat them. If you want a core equity holding that follows the large-company market, it does that job. A new fund has no track record, so watch tracking error and costs once it is live.
In our reading, it fits money meant for goals 10 years or more away, invested through SIPs, with no need to withdraw in between. Many equity mutual funds already hold these same large companies, so check the overlap with what you own before adding it. Its diversification role is mainly as a large-company anchor.
Before the NFO closes on 26-10-2026, check the plan type, the costs and how the fund fits your goals, holdings and tax position. This is a news report, not a recommendation.
How Zenith Finserve can help
At Zenith Finserve, we follow a process driven investment framework. We assess your goals, cash flows, risk profile, time horizon, existing investments, loans and tax situation before suggesting investments. We align our investment suggestions with your financial objectives and review them periodically to keep them suitable as your circumstances change.
Explore our mutual fund advisory and goal based financial planning, read our mutual funds guide, learn about us or get in touch.
Similar NFOs on Zenith
- Aditya Birla Sun Life BSE Total Market Index Fund NFO: a passive fund that tracks a broader index across large, mid and small companies.
- Motilal Oswal Nifty Midcap150 Plus 8-13 yr G-sec Index Fund NFO: a passive fund that mixes mid cap shares with government bonds.
Also read: Index funds explained and our NFO guide.
Frequently asked questions
1. What is the quant Nifty 100 Index Fund?
An open-ended index fund from quant Mutual Fund that tracks the Nifty 100 TRI, a basket of 100 large listed companies.
2. When does the quant Nifty 100 Index Fund NFO open and close?
The NFO opens on 12-10-2026 and closes on 26-10-2026. The AMC may extend or shorten the period.
3. Is the quant Nifty 100 Index Fund NFO good to invest in?
That depends on your goal, time horizon and existing holdings. Zenith does not recommend investing, so use this review to judge fit.
4. What is the minimum investment?
₹5,000, in the NFO and later. Extra purchases and SIPs start at ₹1,000.
5. What does the fund invest in?
At least 95% goes into Nifty 100 shares in index weights. Up to 5% can go into debt and money market instruments.
6. Is there an exit load?
No. The scheme document lists the exit load as nil and the entry load as not applicable.
7. What is the expense ratio?
The base ratio is up to 0.90%, plus brokerage, GST and levies. The daily figure appears on quantmutual.com.
8. How is it different from an active large cap fund?
An active fund picks stocks to try to beat the index. This one just holds the index stocks.
9. What is tracking error?
It is the gap between the fund and its index. The fund aims to keep it within 2% a year in normal conditions.
10. Can I invest through a SIP?
Yes. Weekly, fortnightly and monthly SIPs start at ₹1,000, quarterly at ₹3,000, for at least 6 instalments.
