Investment Objective
The investment objective of the scheme is to generate long-term capital appreciation The scheme will invest in a portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI
What is this Fund all about
It is a Fund of Funds - the fund invests in other mutual fund schemes
It is an Equity Fund of Funds - It would invest in 5-10 diversified equity schemes of other mutual funds
Asset Allocation
90-100% in Equity Schemes
0-10% in Money Market Instruments
Good comparison and convincing details.Please try to give it in regional languages also[Tamil].So that investors can uderstand easily.
G. Balakrishnan
Why should one invest in this fund?
The decision to choose which equity mutual funds to invest is highly complex as there are more than 250 schemes. So how does the investor decide which funds are worthy of its investment
The Quantum Equity Fund of Funds simplifies the investment decision by choosing the schemes based on in-depth selection process of quantitative and qualitative characteristics
Who Should invest in this fund?
The fund is most suitable for retail investors who do not have the resources and inclination to make investment decisions.
And instead of depending on an advisor for recommendation, they can invest in this fund and get all the diversification and risk control required on their investments
Top 10 Stocks
|
Stocks |
Mar 2010 |
Feb 2010 |
|
State Bank Of India |
5.79% |
5.72% |
|
ICICI Bank Ltd. |
5.49% |
5.16% |
|
Infosys Technologies Ltd. |
3.95% |
3.46% |
|
ONGC Ltd. |
3.94% |
4.31% |
|
Larsen & Toubro Ltd. |
3.14% |
2.79% |
|
Bank Of Baroda |
2.91% |
2.88% |
|
ITC Ltd. |
2.26% |
2.20% |
|
GAIL (India) Ltd. |
2.22% |
2.32% |
|
Reliance Industries Ltd. |
2.12% |
1.97% |
|
LIC Housing Finance Ltd. |
2.04% |
1.83% |
Data as on 31st March 2010
Top Sectors
Source – ACE MF; weights calculated as per the weighted holdings of QEFOF with the portfolio holdings of those six funds
Expense Ratio
Effective 20th July 2009, the expense ratio of the fund is 0.75%. Any change in the expense ratio will be updated within two working days.
Are their any loads?
Entry Load: NIL
Exit Load: 1.5% within 1 Year
What is the Expense Ratio?
0.75% p.a.
Minimum Investment Amount
Rs 500/- and in Multiples of Re. 1
Minimum Additional Investment
Rs 100/- and in Multiples of Re. 1
Minimum Redemption Amount
Rs 100/- and in Multiples of Re. 1
Plans / Options
Growth
Dividend – Payout and Re-Investment
Tax Implications
Will be the same as that for a Debt Fund. Please read the FAQ's for further information.
Systematic Investment (SIP)
Available after re-opening
Minimum 6 investments of Rs 1,000 each
Systematic Transfer Plan
Available
Net Banking facility is extended by:
- Allahabad Bank
- Axis Bank
- Andhra Bank
- Bank of Bahrain & Kuwait
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Canara Bank
- Central Bank of India
- Citibank
- City Union Bank
- Corporation Bank
- Deutsche Bank
- Development Credit Bank
- Dhanlaxmi Bank
- Federal Bank
- HDFC Bank
- ICICI Bank
- IDBI Bank
- Indian Bank
- Indian Overseas NetBanking
- IndusInd Bank
- ING Vysya Bank
- Jammu & Kashmir Bank
- Karnataka Bank
- Karur Vysya Bank
- Kotak Bank
- Laxmi Vilas Bank
- Oriental Bank of Commerce
- Punjab National Bank Corporate Net Banking
- Punjab National Bank Retail Net Banking
- Punjab and Sind Bank
- Shamrao Vitthal Co-operative Bank
- South Indian Bank
- State Bank of Bikaner & Jaipur
- State Bank of Hyderabad
- State Bank of India
- State Bank of Indore
- State Bank of Mysore
- State Bank of Patiala
- State Bank of Travancore
- Syndicate Bank
- Tamilnad Mercantile Bank
- UCO Bank
- Union Bank of India
- United Bank of India
- Vijaya Bank
- Yes Bank
Please read the Scheme Information Document and Statement of Additional Informaion carefully before investing.