Quant Mutual Fund Reshuffles Fund Management Across 27 Schemes; DSP Mutual Fund Alters Investment Strategy

Quant Mutual Fund has undertaken a significant restructuring of its fund management team following the resignation of Vasav Sahgal, who served as Fund Manager – Equity and Director of Quant Money Managers. His resignation, effective January 31, 2025, has led to a broad-based reallocation of fund management responsibilities across all 27 schemes.

To ensure a seamless transition in oversight and investment strategies, the fund house has implemented key management changes, effective February 3, 2025. These changes were communicated to unitholders through an official notice cum addendum.

New Fund Management Appointments

• Lokesh Garg: Appointed as Fund Manager – Equity.
• Sameer Kate: Continues as Fund Manager – Equity, with an additional role as Chief Dealer – Equity.
• Varun Pattani: Transitioned from Fund Manager – Commodities & Chief Dealer – Equity to Fund Manager – Equity.
• Ayusha Kumbhat: Promoted from Research Analyst to Fund Manager – Equity.
• Harshvardhan Bharatia: Retains his role as Dealer – Debt, while taking on the new designation of Fund Manager – Debt.

Despite these leadership adjustments, the Scheme Information Document (SID), Statement of Additional Information (SAI), and Key Information Memorandum (KIM) remain unchanged, ensuring consistency in investor communication and compliance.

DSP Mutual Fund Alters Fund Attributes and Investment Approach

In a separate development, DSP Mutual Fund has announced changes to the fundamental attributes of its DSP Global Allocation Fund of Fund. The scheme has now been renamed as DSP Income Plus Arbitrage Fund of Fund, as per report. 

Under the revised investment strategy, the fund will focus on income generation through debt-oriented and arbitrage investments. The updated asset allocation includes:

• 95-100% of its assets are allocated to debt-oriented and arbitrage schemes.

Additionally, new fund managers have been assigned to oversee the scheme’s updated investment approach:

• Kaivalya Nadkarni will manage the arbitrage component.
• Shantanu Godambe will oversee debt investments.

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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 are subject to market risks, read all scheme-related documents carefully.