NSE
Tuesday, April 1, 2025    
Adani Enterp.  2335.25  (19.45)  
 
Adani Ports  1174.75  (-8.20)  
 
Apollo Hospita...  6632.30  (16.10)  
 
Asian Paints  2316.00  (-24.65)  
 
Axis Bank  1085.60  (-16.40)  
 
Bajaj Auto  7993.05  (114.20)  
 
Bajaj Finance  8698.20  (-247.40)  
 
Bajaj Finserv  1937.10  (-70.25)  
 
Bharat Electro...  292.00  (-9.32)  
 
Bharti Airtel  1724.15  (-9.25)  
 
Cipla  1444.25  (2.05)  
 
Coal India  397.65  (-0.55)  
 
Dr Reddy's Lab...  1152.20  (8.00)  
 
Eicher Motors  5307.20  (-40.50)  
 
Grasim Inds  2619.00  (7.85)  
 
HCL Technologi...  1530.35  (-62.15)  
 
HDFC Bank  1767.85  (-60.35)  
 
HDFC Life Insu...  692.90  (7.20)  
 
Hero Motocorp  3762.05  (39.10)  
 
Hind. Unilever  2233.85  (-25.00)  
 
Hindalco Inds.  663.75  (-18.70)  
 
ICICI Bank  1318.45  (-29.90)  
 
IndusInd Bank  682.70  (32.85)  
 
Infosys  1526.50  (-44.15)  
 
ITC  406.65  (-3.10)  
 
Jio Financial  230.42  (2.91)  
 
JSW Steel  1056.25  (-6.95)  
 
Kotak Mah. Ban...  2145.90  (-25.30)  
 
Larsen & Toubr...  3436.80  (-55.50)  
 
M & M  2637.90  (-27.90)  
 
Maruti Suzuki  11481.10  (-41.05)  
 
Nestle India  2234.00  (-16.75)  
 
NTPC  352.15  (-5.45)  
 
O N G C  248.07  (1.69)  
 
Power Grid Cor...  289.30  (-1.05)  
 
Reliance Indus...  1252.60  (-22.50)  
 
SBI Life Insur...  1545.25  (-2.60)  
 
Shriram Financ...  637.45  (-18.55)  
 
St Bk of India  771.70  (0.20)  
 
Sun Pharma.Ind...  1698.35  (-36.35)  
 
Tata Consumer  992.25  (-9.65)  
 
Tata Motors  671.85  (-2.60)  
 
Tata Steel  153.12  (-1.12)  
 
TCS  3550.80  (-55.35)  
 
Tech Mahindra  1395.15  (-23.10)  
 
Titan Company  2986.95  (-76.40)  
 
Trent  5576.75  (251.60)  
 
UltraTech Cem.  11378.65  (-130.90)  
 
Wipro  262.60  (0.35)  
 
Zomato Ltd  202.01  (0.31)  
 
BSE
Tuesday, April 1, 2025    
Adani Ports  1173.95  (-8.10)  
 
Asian Paints  2315.40  (-22.30)  
 
Axis Bank  1085.35  (-16.55)  
 
Bajaj Finance  8696.90  (-251.85)  
 
Bajaj Finserv  1936.50  (-69.45)  
 
Bharti Airtel  1723.90  (-7.05)  
 
HCL Technologi...  1529.45  (-61.50)  
 
HDFC Bank  1767.30  (-61.20)  
 
Hind. Unilever  2233.65  (-25.70)  
 
ICICI Bank  1317.60  (-30.80)  
 
IndusInd Bank  682.75  (33.20)  
 
Infosys  1527.50  (-42.90)  
 
ITC  406.65  (-3.15)  
 
Kotak Mah. Ban...  2145.25  (-26.05)  
 
Larsen & Toubr...  3435.85  (-55.15)  
 
M & M  2637.00  (-29.35)  
 
Maruti Suzuki  11475.55  (-45.90)  
 
Nestle India  2232.10  (-18.95)  
 
NTPC  352.15  (-5.50)  
 
Power Grid Cor...  289.25  (-1.20)  
 
Reliance Indus...  1252.45  (-22.55)  
 
St Bk of India  771.50  (-0.10)  
 
Sun Pharma.Ind...  1696.95  (-38.50)  
 
Tata Motors  671.40  (-2.65)  
 
Tata Steel  153.10  (-1.15)  
 
TCS  3550.35  (-54.10)  
 
Tech Mahindra  1394.20  (-23.80)  
 
Titan Company  2986.50  (-77.30)  
 
UltraTech Cem.  11376.35  (-128.15)  
 
Zomato Ltd  202.05  (0.55)  
 

Mutual Fund News


SBI Mutual Fund launches quant fund
(13:31, 11 Dec 2024)
SBI Mutual Fund (MF) has introduced the SBI Quant Fund, a new equity investment scheme that employs a rule-based, multi-factor approach to portfolio management. The fund leverages momentum, value, quality, and growth factors to build a diversified investment strategy, guided by the fund house's proprietary quantitative model.

This open-ended equity scheme, benchmarked against the BSE 200 Total Return Index (TRI), is open for subscription until December 18, 2024. Post this period, it will reopen for continuous sale and redemption within five business days after the allotment date.

The SBI Quant Fund requires a minimum initial investment of Rs 5,000, with additional investments allowed in multiples of Re 1. For subsequent purchases, the minimum amount is set at Rs 1,000, also in multiples of Re 1. Investors can redeem or switch out units with a minimum value of Rs 500, or one unit, whichever is lower.

An exit load of 0.5% applies if units are redeemed within six months of allotment, while no charge applies after six months. The fund house emphasized the advantages of a multi-factor strategy over single-factor funds, highlighting its ability to provide diversification, reduce downside risks, and deliver higher risk-adjusted returns.

The scheme's investment allocation includes 80-100% in equity and equity-related instruments selected through its quantitative model. It may also invest up to 20% in other equity instruments, debt securities, or money market instruments, and up to 10% in units issued by REITs and InvITs.

The SBI Quant Fund employs a dynamic allocation model that adjusts weights across the four factors'momentum, value, quality, and growth'based on their relative performance. Overperforming factors receive higher weightage, capped at 35%, while underperforming factors trigger rebalancing if their weight falls below -8%.

The fund's strategy incorporates four key factors: Momentum, which focuses on short- and long-term price performance; Value, identified through low valuation metrics; Quality, characterized by stocks with high return on equity (ROE), consistent earnings growth, and low leverage; and Growth, targeting companies with robust earnings growth and upgrades.

The fund's algorithm aims to reduce volatility, smooth out cyclical returns, and mitigate behavioural biases through its systematic approach.

SBI MF described the fund as an ideal choice for investors seeking exposure to India's growth story through a disciplined, data-driven investment framework. Multi-factor investing combines various factors to smooth out the cyclicality of returns and minimize biases. This fund aims to integrate established equity factors for optimal risk-adjusted returns, making it a compelling choice for long-term investors.

Powered by Capital Market - Live News