Quantum Equity FUND OF FUNDS is an Equity oriented mutual Fund of Funds scheme. The fund will be investing in 5-10 diversified equity schemes of third party mutual funds. The investments will be made based on the recommendations provided by Quantum Information Services (QIS) – PersonalFN, following proprietary quantitative and qualitative selection criteria.
No, there will be no entry load for making investments in Quantum Equity Fund of Funds. However, an exit load of 1.5% will be charged if the investments are redeemed within 1 year from the date of investment.
By investing in a Fund of Funds, you do not need the services of a financial advisor whose advice could at times be biased, unsuitable and expensive
The following chart shows the complexity in deciding which scheme to invest in. There are myriad schemes and plans making the investment decision extremely difficult.
Also, how do you ensure that the selected fund/s will perform well? Data shows that in a 3 year time frame – 72 out of 150 funds selected gave below average return. So the chances of an investor selecting a poor performing fund are very high.
If you do not have the time and/ or the inclination to select STOCKS - Invest in MUTUAL FUNDS.
If you do not have the time and/ or the inclination to select MUTUAL FUNDS – Invest in Fund of Funds.
Quantum Equity Fund of Fund will follow a comprehensive research methodology for selecting the schemes. The research methodology comprises of both, quantitative and qualitative analysis.
Quantitative analysis – Under quantitative analysis, the focus will be on the performance of the schemes across time frames and market cycles. In addition to it, the schemes will be evaluated based on the stock concentration levels in their portfolios, and also on the risk-adjusted returns front.
Qualitative analysis – The qualitative parameters will largely judge the fund on the parameters like fund house’s investment systems and processes, the performance of the scheme across market cycles, consistency in characteristics of its portfolio among others.
Funds that emerge as the top performers on both the above parameters shall form part of the final portfolio.
The Fund will also constantly review its investments and carry out necessary re-balancing to ensure superior consistent performance
Investments in Quantum Equity Fund of Funds would entail investors to pay an Expense Ratio of 0.30% p.a. This is over and above the expense ratio charged by the underlying mutual fund schemes which would be accounted in the NAV
The tax implications on Fund of Funds are same as that of debt mutual funds (even if they invest in equity-oriented funds).
Yes, NRI’s can invest in the Quantum Equity Fund of Funds, provided that the country of residence is a part of the FATF (Financial Action Task Force) countries list given below. However, NRI’s residing in the United States of America (USA) and Canada cannot invest in the Quantum Equity Fund of Funds.
For Offline Investors
Investors who would like to invest in the Quantum Equity Fund of Funds offline can download the Application form, complete it and submit it to any of the Collection Centers
along with a cheque / demand draft, payable locally ( payable to
"Quantum Equity Fund of Funds" ), along with a certified copy of their PAN
Card copy or KYC acknowledgement
Using the Net Banking facility you can purchase the Quantum Long Term Equity Fund, Quantum Tax Saving Fund, Quantum Equity Fund of Funds and the Quantum Liquid Fund from the following Banks: