Quant Nifty 50, Nifty 100 and Midcap 150 Index Funds Scheduled for Allotment on 28 October

Key Takeaways

• Quant Mutual Fund's Nifty 50, Nifty 100 and Nifty Midcap 150 Index Funds have a tentative allotment date of 28 October 2026.
• The three index fund NFOs opened on 12 October and closed on 26 October 2026.
• The schemes offer passive exposure to different segments of the Indian equity market, with final allotment subject to completion of the relevant processes.

Quant Mutual Fund's three newly introduced index funds have reached their scheduled allotment date of 28 October 2026, following the closure of their new fund offers earlier this week.

The fund house introduced the Quant Nifty 50 Index Fund, Quant Nifty 100 Index Fund and Quant Nifty Midcap 150 Index Fund, with subscriptions open from 12 October to 26 October.

Exchange notices issued on 9 October identify 28 October as the tentative allotment date for all three schemes.

The date represents the scheduled processing milestone, although the notices do not independently establish that allotments have been completed.

Three Schemes Cover Different Market Segments

The new funds are designed to track separate equity benchmarks.

The Quant Nifty 50 Index Fund targets the Nifty 50 Index, which represents 50 large companies listed on the National Stock Exchange.

The Quant Nifty 100 Index Fund provides exposure to the Nifty 100 Index, covering a broader group of large-cap companies.

The Quant Nifty Midcap 150 Index Fund is designed to track the Nifty Midcap 150 Index, representing companies classified within the mid-cap segment under the index methodology.

All three schemes follow passive investment strategies.

Their objectives centre on replicating or tracking their respective benchmarks rather than selecting securities through discretionary stock-picking decisions.

NFO and Allotment Schedule

The schemes provide Direct and Regular plans, with Growth and applicable IDCW options.

Exchange Instructions for Allotment

The NSE notices specify that clear funds were required to reach the designated clearing corporation account by 12:00 PM on 28 October for the NFO processing arrangements.

A BSE notice also identifies 28 October as the tentative allotment date, with its own platform-specific payment requirements.

The different payment instructions relate to transaction processing through the respective platforms.

Following allotment, investors will receive units according to the applicable scheme terms and confirmed allotment records.

Passive Funds and Tracking Difference

Each index fund aims to provide returns corresponding to its underlying benchmark, subject to applicable costs and tracking error.

Returns can differ from the index because of expenses, cash holdings, transaction costs and portfolio rebalancing.

The three benchmarks also have different market-capitalisation exposures.

The Nifty 50 and Nifty 100 represent large-cap equity segments, while the Nifty Midcap 150 provides exposure to mid-cap companies.

These distinctions can affect volatility, sector representation and historical performance characteristics.

The simultaneous introduction of three index funds expands Quant Mutual Fund's passive product range across different sections of India's listed equity market.

As of the verified exchange notices, 28 October remains the tentative allotment date rather than a separately confirmed completion announcement.