Important Update: Quant Mutual Fund Renames 4 Mutual Funds

In pursuance of the SEBI master circular for mutual funds dated June 2024, Quant Mutual Fund announced the change in the name of its four equity funds, effective from June 30, 2025.

The Quant AMC issued a notice cum addendum, mentioning that these modifications are done based on the nomenclature given by the Securities and Exchange board of India, aligning scheme names with the categories that will be revised with effect from June 30, 2025.

Let's take a look at these 4 Equity Mutual Funds that stand revised:

1. Quant Absolute Fund will be renamed as Quant Aggressive Hybrid Fund.
2. Quant Active Fund will be renamed as Quant Multi Cap Fund.
3. Quant Multi Asset Fund will be changed to Quant Multi Asset Allocation Fund.
4. Quant ESG Equity Fund will be renamed as Quant ESG Integration Strategy Fund.

However, you need not worry; as Quant AMC said, "It's important to understand that even though the names of these funds are changing, their investment strategies, goals and risk levels will remain the same. There won't be any impact on your investment or how the funds are managed. The only thing that's changing is the names of the funds."

Similarly, there is yet another AMC that announced the changes in names of its Mutual Funds schemes.

Important Update 2025: Aditya Birla Sun Life Mutual Fund

One the largest AMCs, the Aditya Birla Sun Life Mutual Fund, has renamed three of its equity funds, effective from June 27.

Aditya Birla Sun Life Frontline Equity Fund is now Aditya Birla Sun Life Large Cap Fund.

Aditya Birla Sun Life Equity Advantage Fund has been renamed Aditya Birla Sun Life Large & Mid Cap Fund.

Aditya Birla Sun Life Pure Value Fund will now be called Aditya Birla Sun Life Value Fund.

These changes are in line with SEBI’s guidelines for standardizing the names of equity funds. There will be no changes to the funds’ investment strategies or risk profiles.