Asset Allocation
The fund will normally invest 65%-99% in Equity and Equity related securities, 1%-35% in money market instruments, 0% -3% in Unlisted Equity and Equity related securities, 0%-5% in units of liquid schemes of the Fund or of other mutual funds.
Term of Issue
Redemption and Load Structure: Quantum Long-Term Equity Fund is an open-ended Equity Scheme offering Growth and Dividend Plans. The units are available at the price of Rs. 10/- during the New Fund Offer(NFO) and after the NFO can be subscribed /redeemed at the applicable NAV, subject to applicable load, on all business days during the continuous offer.
Expense Ratio
Effective 1
st June 2010, the expense ratio of the fund is 1.50%. Any change in the expense ratio will be updated within two working days.
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Exit Load
On redemption/switchout within 6 months of allotment-4%, after 6 months but within 12 months of allotment-3%, after 12 months but within 18 months of allotment- 2%, after 18 months but within 24 months of allotment- 1%, after 24 months of allotment-Nil
Statutory Details
Quantum Mutual Fund (the Fund) has been constituted as a Trust under the Indian Trusts Act, 1882. Sponsors: Quantum Advisors Private Limited. (Liability of Sponsor limited to Rs. 1, 00,000/-)
Trustee
Quantum Trustee Company Private Limited.
Investment Manager
Quantum Asset Management Company Limited (AMC). The Sponsor, Trustee and the Investment Manager are incorporated under the Companies Act, 1956. The Sponsor/AMC are not responsible or liable for any loss or shortfall resulting from the operation of the Scheme.
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Investments in mutual funds are subject to market risks including uncertainity of dividend distributions and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities markets and there is no assurance or guarantee that the objectives of the scheme will be achieved. The past performance of the Sponsor has no bearing on the expected performance of the scheme. Quantum Long Term Equity Fund is the name of the scheme and does not in any manner indicate either the quality of the Scheme, its future prospects or returns. The Sponsor or any of its associates is not responsible or liable for any loss resulting from the operation of the Scheme beyond its initial contribution of Rs. 1, 00,000 to the corpus of the Quantum Mutual Fund. The Fund is not guaranteeing or assuring any dividend. The Fund is also not assuring that it will make periodical dividend distributions, though it has every intention of doing so. All dividend distributions are subject to investment performance of the Scheme.
Scheme Specific Risk
The scheme is the first equity scheme being launched by the AMC. The AMC has no previous experience in managing equity schemes. The scheme proposes to invest in equity and equity-related instruments which by nature are volatile and prone to price fluctuations on a daily basis due to both macro and micro factors. Trading volumes, settlement periods, transfer procedures and investments in unlisted securities may restrict liquidity of these investments. For details of Scheme features and detailed risk factors please refer to the Scheme Information Document and Key Information Memorandum along with application forms available with the office of
Quantum Asset Management Company Private Limited (AMC),
505, Regent Chambers,
Nariman Point, Mumbai-400021.
Tel: 022-22875923
Net Banking facility is extended by:
- Allahabad Bank
- Axis Bank
- Bank of India
- Bank of Rajasthan
- Bank of Baroda
- Corporation Bank
- Deutsche Bank
- Dhanalakshmi Bank
- Federal Bank
- HDFC Bank
- ICICI Bank
- IDBI Bank
- Indian Overseas Bank
- Karnataka Bank
- Oriental Bank of Commerce
- South Indian Bank
- Standard Chartered Bank
- Vijaya Bank
- Yes Bank
Please read the Scheme Information Document and the Statement of Additional Informaion carefully before investing.