MFs explore new offerings as quality pack steals march on value stocks

WhiteOak Capital and ICICI Prudential have sought regulatory approval for a first-of-its-kind active quality fund

Mutual funds (MFs) are gearing up with offerings centered on the ‘quality’ theme, as this investment approach is expected to rebound following three years of underperformance compared to the ‘value’ theme.

In quality investing, the focus is on stocks with strong fundamentals like high return on equity (ROE) and low leverage. On the other hand, value investing largely focuses on the valuations.

WhiteOak Capital and ICICI Prudential have sought regulatory approval for the first-of-its-kind active quality fund. In addition, Edelweiss MF is also poised to launch the first Nifty 500 Multicap Momentum Quality 50 ETF on October