Following Sebi’s investigation into the front-running case, Quant Mutual Fund’s net equity outflows reached Rs 877 crore in the last three weeks, according to a mail communication sent to the unitholders by the fund house.

The assets under management and NAV of the fund house are at lifetime highs and it has been able to generate alpha for over 80 lakh investors, Sandeep Tandon, CEO of Quant Mutual Fund, told ET Now .

“Our AUM is lifetime high, NAVs are lifetime high. So, participation and investors have really supported us in difficult times when the noise or narrative was there. So, we continue to put in our efforts to generate superior risk adjusted-return the way we have been doing our dynamic style of money management and we have been reasonably successful in generating this sort of alpha for over 80 lakh investors now, the polios which we have,” said the CEO.

The fund house has seen a net outflow of Rs 696 crore and the net equity outflow was recorded at Rs 877 crore.