NFO Alert: Aditya Birla Sun Life Mutual Fund Launches Aditya Birla Sun Life Quant Fund

A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC Ltd, said, “ The quant fund aims to leverage the combined strengths of human expertise and quantitative models to provide investors with a differentiated investment solution. The Aditya Birla Sun Life Quant Fund will deliver these benefits to investors through a rigorous, research-driven approach for an innovative investment process powered by tech and guided by wisdom.”Harish Krishnan, Co-CIO and Head Equity, Aditya Birla Sun Life AMC Ltd., elaborated on the mechanism of stock picking. “The fund will start by narrowing the universe of stocks such that they fall in the large and midcap category. Then it will evaluate the quality of stocks based on their fundamental track record and look at the relative returns generated in the last 6 months of this universe,” Krishnan said.”Further it will monitor the composite score assigned by various sell-side analysts to arrive at a portfolio comprising of 40-50 stocks by first applying equal weight to all and then skew the weight of individual stocks basis low volatility,” Krishnan added.

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