Chasing returns & ignoring risks leads to this - Quant Active Fund falls 3% in 1 day

Quant Active fund lost 3% yesterday In the last 1 month, it has come down like a staircase You realize how risky these funds are only when the risks play out Never only look at returns & ignore risk.

Newbies chasing these funds in the last 1 year will be on the receiving end.

Look here for our story on why we don't recommend Quant MFs to any of our clients inspite of the top percentile returns.