The primary investment objective of the Scheme is to provide optimal returns with low to moderate levels of risk and high liquidity through judicious investments in money market and debt instruments.

The Liquid Scheme’s basic objective is to manage the short term cash surplus of investors and provide optimal returns with moderate levels of risk and high liquidity. Liquid Funds generate income primarily through interest accrual by investing in money market instruments like Commercial Papers, Certificate of Deposits, CBLO/ Repos and in short term debt instruments of corporates and NBFCs.

Quantum Liquid Fund - QLF is an Open ended Liquid scheme which invests in money market and short term debt instruments. It is an ideal tool for managing surplus cash. The advantage of investing in a Liquid fund is that redemptions can be available generally on a next day (T+1 business day) basis, which means you get your money back almost the next day after you have notified us for the redemption (subject to Ceteris Paribus conditions). You can invest in liquid funds even for a day.

It is pertinent to note that Quantum Mutual Fund is India’s first and only Direct to Investor fund house and does not pay any commission whatsoever to distributors. Not paying commissions decreases the expense of most of our schemes and thereby adds to the returns of the schemes (subject to performance).

Investors looking to park their funds for few days can invest in QLF. Some attributes of QLF other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;

•	QLF follows disciplined research and investment process.
•	QLF invests minimum of 80% of its assets in instruments which are rated as AAA or equivalents (indicating highest safety of timely payment of interest and principal) by a SEBI registered credit rating agency. This reduces the credit risk involved. Credit risk means risk of loss due to default by a borrower.
•	QLF Invests only in instruments with less than 91 days maturity (short term in nature) which gives flexibility to alter the composition of the portfolio on any early warning signs.
•	QTSF consists of a well balanced portfolio - typically 25 to 40 stocks, across various sectors.

The scheme offers Growth Option, Monthly Dividend Payout Option and Daily Dividend Reinvestment Option.

The following features are available in the scheme:
Systematic Investment Plan (SIP): This feature enables investors to save and invest periodically over a long period of time. Click here to know more about SIP in detail.

Systematic Withdrawal Plan (SWP):This feature enables an investor to withdraw amount/units from their holdings in the Scheme at periodic intervals through a one-time request. Click here to know more about SWP in detail.

Systematic Transfer Plan (STP):This feature enables an investor to transfer fixed amounts from their accounts in the Scheme to another scheme within a folio from time to time.
Click here to know more about STP in detail.

Click here to view switch matrix for the applicable NAV.

Triggers: A trigger is facility that allows you to specify an exit target (linked to value or time) or to receive an update when the desired levels are reached. The moment this target is achieved, the trigger gets activated. There can be Alert triggers or Action trigger. Click here to view the FAQ on Trigger Facility

Quantum Liquid Fund may invest in the following Instruments:

Instruments	Indicative Allocation (% of Net Assets)	Risk Profile
Money Market Instruments and other short term debt instruments having maximum re-pricing tenor of not more than 91 days in maturity	100%	Low to Medium

The dynamic combination of a rigorous top down macro economy and fixed income research and emphasis on Portfolio liquidity and capital preservation is expected to offer risk adjusted returns.
Click here to view the current portfolio of the Quantum Liquid Fund.

Yes, there is an option to hold the units in dematerialized mode.

To avail the same you should have a Demat/beneficiary account with a DP and need to mention all the details of your account no. and DP while filling the application form.

Also please note that SIP is allowed in Demat mode BUT Switch in/ Switch out/ Systematic Withdrawal Plan / Systematic Transfer Plan are currently not available in the demat mode.
Click here to view the FAQs on Demat.

NAV applicability refers to the NAV at which a transaction is affected. A cut-off time is set by the fund and all investments or redemptions are processed at that particular NAV. This NAV is relevant if the application is received before that cut-off time on a day. A different NAV holds if received thereafter. Every Mutual fund follows standard cut-off timing depending on the scheme type which is in compliance with SEBI guidelines. To know more about the NAV applicability and cut-off timings of the Quantum Equity Fund of Funds please click here.

Please refer below table for the minimum amount required to invest or redeem in the Quantum Liquid Fund.

Minimum Amount	Amount in Rs.
Growth Option	Rs. 5,000/- and in multiples of Rs. 1/- thereafter.
Monthly Dividend Payout Option	Rs. 10,000/- and in multiples of Rs. 1/- thereafter.
Daily Dividend Reinvestment Option	Rs. 1,00,000/- and in multiples of Rs. 1/- thereafter.
Additional Investment in all options	Rs. 500/- and multiples of Rs. 1/- thereafter / 50 units
Redemption/ Switch Out in all options	Rs. 500/- and multiples of Rs. 1 thereafter OR account balance whichever is less / 50 units

Load structure for the Quantum Liquid Fund is mentioned below:
Entry Load: NIL*
* Not Applicable (In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 it has been notified that, w.e.f. August 01, 2009 there will be no entry load charged to the schemes of any Mutual Fund.)

It should be noted that Quantum Mutual Fund has not charged Entry Load for any of its schemes since inception. We were one of the first mutual funds in India to launch schemes with no entry load, much prior to SEBI discontinuing the same.

There is NO exit load if you wish to redeem or switch out from the scheme.

Current expense ratio is 0.45% p.a. with effect from April 7, 2006.

We have one of the lowest expense ratios in Mutual Fund industry because we are direct to investor fund house and does not pay any commission to distributors.

Click here to read our article on “pays to stay direct.”

Mr. Arvind Chari is managing the scheme.
Click here to view his complete profile on our media center.

To check the performance of the scheme you will have to go through the current factsheets.
Click here for detailed Scheme Factsheet.

The Benchmark Index for the Scheme is the CRISIL Liquid Fund Index. The Crisil Liquid fund is an index comprising of call money market rates and Commercial paper rates. Since QLF would invest a large proportion of its assets in short term debt and money market instruments, the Crisil Liquid Fund would be an appropriate benchmark.

Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Click here to understand the details on Taxation

PLEASE NOTE THAT YOU SHOULD BE KYC COMPLIANT TO INVEST WITH US.

Click here to know more about KYC.

You can invest in our Schemes through the following three modes:
1. Online : Through internet transacting facility
2. Offline : Directly by submitting physical transactions
3. Through the stock exchange platform
Choose your preferred mode and click on the below links to read more and invest with us.