Have You Invested in Tata Quant Funds? Check This Important Update

Tata Mutual Fund has decided to merge Tata Quant Fund into Tata Flexi Cap Fund, which will be effective from March 21, 2025. This means that the Tata Quant Fund will no longer exist after this date and its unitholders will be transferred to the Tata Flexi Cap Fund, as mentioned in various news reports.

If investors are not in favour and do not want to participate in the merger, then they have a choice to exit or switch their investments without incurring an exit load until March 20, 2025. The record date for the merger is March 21, 2025.

What This Means for Investors

• Investors holding the Income Distribution Cum Capital Withdrawal (IDCW) option in Tata Quant Fund will be transitioned to the IDCW-Periodic option of Tata Flexi Cap Fund.
• Those invested in the Growth option of Tata Quant Fund will have their holdings moved to the Growth option of Tata Flexi Cap Fund.
• The allocation of units will be determined based on the Net Asset Value (NAV) as of the record date.

Impact on SIPs, STPs and SWPs Holders

Investors with SIP, STP, and SWP in Tata Quant Fund will continue their investments under the respective plans of Tata Flexi Cap Fund unless they choose to opt-out. Investors who wish to cancel their systematic investment facilities must do so before the merger.

Key Points to Consider

• Units of Tata Quant Fund held in demat form will be replaced with proportionate units of Tata Flexi Cap Fund.
• The exit window is available only to investors holding units as of March 20, 2025. Redemption and switch-out requests submitted before 3 PM on a business day will be processed at the same day’s NAV, while requests after 3 PM will be processed at the next business day’s NAV.

Conclusion

After the merger of Tata Quant Fund into Tata Flexi Cap Fund on March 21, 2025, Tata Quant Fund will no longer exist and its unitholders will be transferred to the Tata Flexi Cap Fund.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.