﻿<SchemeSummaryDocument><SchemeSummary id="schemeID"><Fund_Name>quant Business Cycle Fund</Fund_Name><Option_Names>1. quant Business Cycle Fund Growth Option - Regualr Plan 
2. quant Business Cycle Fund Growth Option - Direct Plan
3. quant Business Cycle Fund IDCW Option - Regular Plan
4. quant Business Cycle Fund IDCWOption - Direct Plan</Option_Names><Fund_Type>An Open Ended equity scheme investing in business cycles based investing theme.</Fund_Type><Riskometer_At_the_time_of_Launch>Very High</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Very High</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Thematic/Sectoral</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_Date>NA</Potential_Risk_Class_as_on_Date><Description_Objective_of_the_scheme>To generate long-term capital appreciation by investing with focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Equity and equity related instruments including equity ETFs selected on the basis of business cycle (including units issued by REITs) :- 80-100%
Other equity and equity related instruments including equity
ETFs(including units issued by REITs):- 0-20%
Debt and money market instruments  including debt ETFs &amp; Gold &amp; Silver ETFs:- 0-20%                                                                                                    Foreign securities including ADRs / GDRs / Foreign equity and debt securities:- 0-20%                                                                                            Units issued by InvITs:- 0-10%</Stated_Asset_Allocation><Face_Value>10</Face_Value><NFO_Open_Date>5/12/2023 12:00:00 AM</NFO_Open_Date><NFO_Close_date>5/25/2023 12:00:00 AM</NFO_Close_date><Allotment_Date>5/30/2023 12:00:00 AM</Allotment_Date><Reopen_Date>5/31/2023 12:00:00 AM</Reopen_Date><Maturity_Date_For_closed-end_funds>--</Maturity_Date_For_closed-end_funds><Benchmark_Tier_1>NSE 500 TRI</Benchmark_Tier_1><Benchmark_Tier_2>--</Benchmark_Tier_2><Fund_Manager_1-Name>Mr. Sandeep Tandon</Fund_Manager_1-Name><Fund_Manager_1-Type_Primary_Comanage_Description>Primary</Fund_Manager_1-Type_Primary_Comanage_Description><Fund_Manager_1-From_Date>5/30/2023 12:00:00 AM</Fund_Manager_1-From_Date><Fund_Manager_2-Name>Mr. Ankit Pande</Fund_Manager_2-Name><Fund_Manager_2-Type_Primary_Comanage_Description>Co manage</Fund_Manager_2-Type_Primary_Comanage_Description><Fund_Manager_2-From_Date>5/30/2023 12:00:00 AM</Fund_Manager_2-From_Date><Fund_Manager_3-Name>Mr. Sanjeev Sharma</Fund_Manager_3-Name><Fund_Manager_3-Type_Primary_Comanage_Description>Co manage</Fund_Manager_3-Type_Primary_Comanage_Description><Fund_Manager_3-From_Date>5/30/2023 12:00:00 AM</Fund_Manager_3-From_Date><Fund_Manager_4-Name>Varun Pattani</Fund_Manager_4-Name><Fund_Manager_4-Type_Primary_Comanage_Description>Co manage</Fund_Manager_4-Type_Primary_Comanage_Description><Fund_Manager_4-From_Date>2/19/2025 12:00:00 AM</Fund_Manager_4-From_Date><Fund_Manager_5-Name>Ayusha Kumbhat</Fund_Manager_5-Name><Fund_Manager_5-Type_Primary_Comanage_Description>Co manage</Fund_Manager_5-Type_Primary_Comanage_Description><Fund_Manager_5-From_Date>2/19/2025 12:00:00 AM</Fund_Manager_5-From_Date><Fund_Manager_6-Name>Yug Tibrewal</Fund_Manager_6-Name><Fund_Manager_6-Type_Primary_Comanage_Description>Co manage</Fund_Manager_6-Type_Primary_Comanage_Description><Fund_Manager_6-From_Date>3/6/2025 12:00:00 AM</Fund_Manager_6-From_Date><Fund_Manager_7-Name>Sameer Kate</Fund_Manager_7-Name><Fund_Manager_7-Type_Primary_Comanage_Description>Co manage</Fund_Manager_7-Type_Primary_Comanage_Description><Fund_Manager_7-From_Date>3/6/2025 12:00:00 AM</Fund_Manager_7-From_Date><Annual_Expense_Stated_maximum>Regular - 3.01%
Direct - 1.45%</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>NIL</Exit_Load_if_applicable><Custodian>HDFC Bank Limited</Custodian><Auditor>M/s. M M Nissim &amp; Co. LLP</Auditor><Registrar>KFin Technologies Limited</Registrar><RTA_Code_To_be_phased_out>166</RTA_Code_To_be_phased_out><Listing_Details>N.A.</Listing_Details><ISINs>1. Growth Option - Regualr Plan - INF966L01BU6
2. Growth Option - Direct Plan - INF966L01BR2
3. IDCW Payout Option - Regular Plan - INF966L01BV4
4. IDCW Payout Option - Direct Plan -  INF966L01BS0
5. IDCW Re-investment Option - Regular Plan - INF966L01BW2
6. IDCW Re-investment Option - Direct Plan - INF966L01BT8</ISINs><AMFI_Codes_To_be_phased_out>quant Business Cycle Fund - Growth Option – Direct Plan 151757
quant Business Cycle Fund - IDCW Option – Direct Plan 151759
quant Business Cycle Fund - Growth Option – Regular Plan 151758
quant Business Cycle Fund - IDCW Option – Regular Plan 151760</AMFI_Codes_To_be_phased_out><Minimum_Application_Amount>Rs. 5000</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs.>1</Minimum_Application_Amount_in_multiples_of_Rs.><Minimum_Additional_Amount>Rs. 1000</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs.>1</Minimum_Additional_Amount_in_multiples_of_Rs.><Minimum_Redemption__Amount_in_Rs.>1</Minimum_Redemption__Amount_in_Rs.><Minimum_Redemption_Amount_in_Units>-</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>-</Minimum_Balance_Amount_if_applicable><Minimum_Balance_Amount_in_Units_if_applicable>-</Minimum_Balance_Amount_in_Units_if_applicable><Max_Investment_Amount>--</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>Switch - in: Rs. 5,000/- and in multiples of Re. 1/- thereafter. 
Switch-out: Re. 1,000/-- or the unit balance whichever is less</Minimum_Switch_Amount_if_applicable><Minimum_Switch_Units>--</Minimum_Switch_Units><Switch_Multiple_Amount_if_applicable>Re. 1</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>--</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>--</Max_Switch_Amount><Swing_Pricing_if_applicable>N.A.</Swing_Pricing_if_applicable><Side-pocketing_if_applicable>N.A.</Side-pocketing_if_applicable><Frequency>SIP - Weekly, Fortnightly, Monthly, Quarterly
SWP - Monthly &amp; Quarterly
STP - Daily, Weekly, Fortnightly, Monthly, Quarterly</Frequency><Minimum_amount>SIP -1000, 1000, 1000 and 3000
SWP - 1000,1000
STP - 1000, 1000, 1000, 1000 and 5000</Minimum_amount><In_multiple_of>1</In_multiple_of><Minimum_Instalments>SIP - 6
SWP - 6
STP - 6</Minimum_Instalments><Dates>SIP - For Any Day - Between 1st to 28th Day
For Weekly- Wednesday of a week
Fortnightly-Alternate Wednesday of a week
Monthly - Any date of the Month
For Quarterly - Any date of the quarter
SWP - 1st / 5th / 10th / 15th / 20th / 25th
STP - For Daily- Daily (only Business Days)
Weekly- Wednesday of a week
Fortnightly-Alternate Wednesday of a week
Monthly - 1st / 5th / 10th / 15th / 20th / 25th
For Quarterly - 1st / 5th / 10th / 15th / 20th / 25th</Dates><Maximum_Amount_if_any>--</Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>