FAQs

Tell me more about Quantum Mutual Fund (QMF)? Why should I invest with QMF?

Who can invest in the Schemes of QMF?

This is an indicative list and you are requested to consult your financial advisor to ascertain whether the scheme is suitable to your risk profile.
The following persons are eligible and may apply for subscription to the Units of the Scheme (subject, wherever relevant, to purchase of units of mutual funds being permitted under relevant statutory regulations and their respective constitutions):

1.	Resident adult individuals either singly or jointly (not exceeding three); or on an Anyone or Survivor basis
2.	Karta of Hindu Undivided Family (HUF);
3.	Public Sector Undertakings, Association of Persons or a body of individuals whether incorporated or not;
4.	Minors through parent / legal guardian;
5.	Partnership Firms & Limited Liability Partnerships (LLP);
6.	Companies, Bodies Corporate and societies registered under the Societies Registration Act, 1860;
7.	Banks & Financial Institutions;
8.	Mutual Funds registered with SEBI / Alternative Investment Funds registered with SEBI;
9.	Religious and Charitable Trusts, Wakfs or endowments of private trusts (subject to receipt of necessary approvals as required) and Private trusts authorised to invest in mutual fund schemes under their trust deeds;
10.	Non-Resident Indians (NRIs/) Persons of Indian origin residing abroad (PIO) on repatriation basis or on non-repatriation basis;
11.	Foreign Institutional Investors (FIIs) registered with SEBI on repatriation basis;
12.	Foreign Portfolio Investors (FPI) registered with SEBI on repatriation basis;
13.	Army, Air Force, Navy and other para-military units and bodies created by such institutions;
14.	Scientific and Industrial Research Organisations;
15.	Multilateral Funding Agencies / Bodies Corporate incorporated outside India with the permission of Government of India / Reserve Bank of India;
16.	Other schemes of Quantum Mutual Fund subject to the conditions and limits prescribed by SEBI Regulations;
17.	Trustee, AMC or Sponsor or their associates may subscribe to Units under the Scheme;
18.	Such other individuals / institutions / body corporate etc., as may be decided by the Mutual Fund from time to time, so long as wherever applicable they are in conformity with SEBI Regulations. All categories of investors (whether existing or new Unitholders) as permitted under the Scheme Information Document of the Schemes are eligible to subscribe under Regular / Direct Plan. Investments under Direct Plan can be made through various modes offered by the Fund for investing directly with the Fund {except Stock Exchange Platform(s) and all other Platform(s) where investors’ applications for subscription of units are routed through Distributors}.

Who cannot invest in the schemes of QMF?

It should be noted that the following categories of investors cannot invest in the Scheme(s):

1.	Any person who is a foreign national.
2.	Non-Resident Indians residing in the USA and Canada or an FATF (Financial Action Task Force) non-compliant country/territory.
3.	Qualified Foreign Investors (QFI).

The Fund reserves the right to include/exclude new/existing categories of Investors to invest in the Scheme from time to time, subject to SEBI Regulations and other prevailing statutory regulations, if any.

Note: 1. In case of application under a Power of Attorney or by a limited company or a corporate body or an eligible institution or a registered society or a trust fund, the original Power of Attorney or a certified true copy duly notarised or the relevant resolution or authority to make the application as the case may be, or duly notarised copy thereof, along with a certified copy of the Memorandum and Articles of Association and/or bye -laws and / or trust deed and / or partnership deed and Certificate of Registration should be submitted. The officials should sign the application under their official designation. A list of specimen signatures of the authorised officials, duly certified / attested should also be attached to the Application Form. In case of a Trust / Fund it shall submit a resolution from the Trustee(s) authorizing such purchases and Repurchase / Redemptions.

Applications failing to fulfill the above-stipulated conditions are liable to be rejected

2. Returned cheques are not liable to be presented again for collection, and the accompanying application forms are liable to be rejected. In case the returned cheques are presented again, the necessary charges, if any, are liable to be debited to the investor.

3. RBI has vide Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, granted a general permission to NRIs / Persons of Indian Origin residing abroad (PIOs) and FIIs and Foreign Portfolio Investors (FPI) for purchasing/ Repurchasing /Redeeming Units of the mutual funds subject to conditions stipulated therein.

All cheques and bank draft accompanying the application form should contain the application form number on its reverse side. It is mandatory for every applicant to provide the bank, branch, address, account type and number as per SEBI requirements and any Application Form without these details will be treated as incomplete. Such incomplete application will be rejected.

Can a Non Resident Indian (NRI) invest in the schemes of QMF?
Yes, NRI’s can invest in the Quantum Mutual Fund schemes, provided that the country of residence is a part of the FATF (Financial Action Task Force) compliant country/territory.
However, NRI’s residing in the United States of America (USA) and Canada cannot invest in the Quantum Mutual Fund Schemes.

Which schemes that are currently offered by Quantum Mutual Fund (QMF)?

Which are the Options / facilities and the default option/ facilities for all the schemes of QMF?

What are the different features available under the schemes of QMF?
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 a 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 triggers.
Click here to view the FAQ on Trigger Facility.
Please note that these features are not available under Exchange traded funds i.e. Quantum Gold Fund and Quantum Index fund.

What are the minimum purchase /additional purchase amount for all schemes of QMF?

Scheme Name	Minimum Purchase Amount (Rs.)	Minimum Additional Purchase (Rs.)
Quantum Long Term Equity Fund	Rs. 500/- and in multiples of Re.1/-thereafter	Rs. 500/- and in multiples of Re.1/-thereafter or 50 units
Quantum Liquid Fund	i) Growth Option – Rs. 5,000/- and in multiples of Re.1/- thereafter.	Rs. 500/- and in multiples of Re. 1/- thereafter or 50 units
	ii) Monthly Dividend Re-investment Option – Rs. 10,000/- and in multiples of Re. 1/- thereafter.
	iii) Daily Dividend Re - investment Option -
	Rs. 1,00,000/- and in multiples of Re. 1/- thereafter.
Quantum Tax Saving Fund	Rs. 500/- and in multiples of Rs. 500/- thereafter	Rs. 500/- and in multiples of Rs. 500/- thereafter
Quantum Equity Fund Of Funds	Rs. 500/- and in multiples of Re.1/-thereafter	Rs. 500/- and in multiples of Re.1/-thereafter or 50 units
Quantum Gold Savings Fund	Rs. 500/- and in multiples of Re.1/-thereafter	Rs. 500/- and in multiples of Re.1/-thereafter or 50 units
Quantum Multi Asset Fund	Rs. 500/- and in multiples of Re.1/-thereafter	Rs. 500/- and in multiples of Re.1/-thereafter or 50 units
Quantum Dynamic Bond Fund	i) Growth Option – Rs. 500/- and in multiples of Re.1/- thereafter.	Rs. 500/- and in multiples of Re. 1/- thereafter or 50 units
	ii) Monthly Dividend Payout Option – Rs. 500/- and in multiples of Re. 1/- thereafter.
	iii) Monthly Dividend Re - investment Option -
	Rs. 500/- and in multiples of Re. 1/- thereafter.
Quantum Gold Fund*	Directly with Fund: The investors can create / redeem in exchange of Portfolio Deposit and Cash Component in creation unit size at NAV based Price. On the Exchange: Approx equal to price of ½ gram of Gold quoted on the NSE. On NSE, the units can be purchased /sold in minimum lot of 1 unit and in multiples thereof.	NA
Quantum Index Fund*	Directly with Fund: The investors can create / redeem in exchange of Portfolio Deposit and Cash Component in creation unit size at NAV based Price. On the Exchange: At prices which may be close to the NAV of QIF Units. On NSE, the units can be purchased / sold in minimum lot of 1 unit and in multiples thereof. The units of QIF issued under the scheme will be approximately equal to the price of 1/10 (one-tenth) of the S&P CNX Nifty Index.	NA

*Exchange Traded Funds

What is Net Asset Value (NAV) of a scheme?
The Net Asset Value is the market value of the securities held by the scheme. The NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on any particular date.
e.g. If the value of all the securities in a scheme is Rs. 10,000 and the total number of units issued = 1,000, the NAV per unit will be 10,000/1,000 = Rs. 10.

How can I invest in Quantum Mutual Fund Schemes?

How will I come to know that my application is processed? Will I get any confirmation?
Yes. On acceptance of the application for subscription, an allotment confirmation along with the account statement (password protected) specifying the number of units alloted by way of email/or SMS (if the mobile number is not registered under the Do Not Call Registry) within 5 business days from the date of receipt of transaction request is triggered to the investor.The password to open the statement is the first four letters of the PAN number of the Firstholder/Guardian and the last four digits of the registered default bank account number.
Note: For G-mail users here are the below steps to open the PDF statement:
1. Click on the PDF attachment and enter the password
2. Click on ‘Open With’
3. Select ‘DocHub or Lumin PDF’
4. Please enter your Password and click on create document
5. After clicking on Create document it will open the document.
Thereafter, a CAS for each calendar month shall be sent by mail/email on or before 10^th of the succeeding month to the unitholders.
Also you can generate the Statement of Account via login using password at our Invest Online Portal /Mail Back Facility.

Note: The password to open the statement generated via Login using password/Login using OTP/Mail Back facility will be the first holder / guardian PAN (in capital). For example, if the PAN is ABCDE1000F, then the correct password will be ABCDE1000F and not abcde1000f.

PAN Exempt Investor : Please enter the reference number provided by KRA (in capital) to open the attachment.
Can I hold the units of QMF scheme in Demat mode?
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 (depository participant) and need to mention all the details of your account number and DP while filling the application form.
Click here to view the FAQs on Demat.
Please note that the units of Exchange traded funds i.e. Quantum Gold Fund and Quantum Index fund can only be held in Demat form.

What are the ISIN numbers of Quantum Mutual Fund schemes?

Which payment modes are available, if I decide to invest in QMF schemes?

Through which banks can I invest in QMF schemes?
Please Click Here to view the Bank list with the different modes of payment.
Will there be any charges applicable on any of my transactions?
Quantum Mutual Fund does not deduct Transaction Charges and shall continue not to deduct Transaction Charges as allowed under SEBI Circular No. Cir / IMD / DF/13/2011 dated August 22, 2011.
What is KYC (Know Your Client)? Explain KYC in detail.
Please click here for the CVL India website.
Please click here for KYC FAQs.

Is it mandatory to specify Direct/Regular Plan in the application form? What if the same is not indicated on the form?

Can you please elaborate on the load structure of Dividend and Growth options contributing to the difference in the NAVs of both the funds?
Consider the following example:

You have 4 investors – A, B, C & D. Each investor invests Rs 100,000. Assume your fund NAV is 100.
Also assume that only exit load income is considered in the scheme.

Investor Investment Amount (Rs.) NAV Units (Investment Amount/NAV)

A 100,000 100 1,000

B 100,000 100 1,000

C 100,000 100 1,000

D 100,000 100 1,000

Totals 400,000 4,000

Under the Growth Option:
Now, Investor B has an urgent need for cash, and so redeems his complete investment, paying an exit load of 4% = Rs 4,000 (4% of Rs 100,000)

This exit load of Rs 4,000 is ploughed back into the scheme portfolio. This causes the Total Investment amount for the remaining investors to increase.

Investor Investment Amount (Rs.) Units

A 100,000 1,000

B -- --

C 100,000 1,000

D 100,000 1,000

(+) Add Exit Load collected from B 4,000

Totals 304,000 3,000

This change is also reflected in the NAV. The new NAV = Rs 304,000 / 3,000 units = 101.3

Hence, after redemption the scheme portfolio will look as below:

Investor Investment Amount (Rs.) NAV Units

A 101,333 101.3 1,000

B -- -- --

C 101,333 101.3 1,000

D 101,333 101.3 1,000

Totals 304,000 3,000

*Note: 101,333.33 has been rounded off to 101,333 for ease of illustration

Now, let’s look at the Dividend option which has seen higher redemptions:

Say, investors B & C both decide to redeem their investments and pay an exit load of 4% each.

Investor Investment Amount Units

A 100,000 1,000

B -- --

C -- --

D 100,000 1,000

Totals 208,000 2,000

New NAV = Rs. 208,000 / 2,000 units = 104

In this case, the scheme portfolio will look as under:

Investor Investment Amount NAV Units

A 104,000 104 1,000

B -- -- --

C -- -- --

D 104,000 104 1,000

Totals 208,000 2,000

Hence, the NAV of the Growth option is lower than the NAV of the Dividend option.
What is the difference between Dividend Payout and Dividend Re-invest option?
Dividend Payout: When Mutual Fund companies make profits, they distribute part of that profit to their investors by way of dividends. You are advised to select this option if you wish to keep getting returns frequently.
Dividend Reinvestment: This is similar to dividend payout except that the dividend declared is re-invested in the same fund on the same days NAV. So, all your profit is invested back in the same fund plus you will receive some additional units to add to your corpus.
What is the difference between Sale price and repurchase price?
An open-ended fund issues and buys back units from investors on a continuous basis. This gives rise to two different prices at which the two transactions take place.

Sale price is the price at which the fund issues fresh units to the investor. It is linked to the net asset value (NAV) of the fund.

Repurchase price is the price at which the fund buys back units from the investor.

In other words the following is used:

Sale Price = Applicable NAV *(1 + Sales Load, if any)

Repurchase Price = Applicable NAV *(1 - Exit Load, if any)

E.g. If the applicable NAV is Rs. 10.00; sales/entry load is nil and the exit/repurchase load is 2 percent then the sales price will be Rs. 10.00 and the repurchase price will be Rs. 9.80.
How will I receive the dividend amount and how long does it take?
Unit holders are entitled to receive the dividend within 30 days of the record date of the dividend. However, the Mutual Fund will endeavor to make dividend payments sooner to Unit holders.
What is the value of my investments today?
Valuation of your investments = Number of units held * NAV of the scheme as on the last business day

For example:

Number of units available with you for investment in Quantum Long Term Equity Fund (Growth option) – 1000 units.

NAV of Quantum Long Term Equity Fund (Growth option) as on 30th September 2012 – Rs. 24.18

So the valuation of your investments = (1,000 * Rs. 24.18) = Rs. 24,180.00.

The NAV details of our schemes are updated under the section ‘Schemes and NAV > NAV Details’ on our website - www.quantumamc.com. Click here to view the current NAV Details.

The NAV is also updated on the AMFI website.(www.amfiindia.com)

For investors having an online User Id and password for our Invest Online section, can view their valuation of investments through the section ‘My Portfolio > Portfolio Summary’.
Click here to know more about our Invest Online Facility (Invest Online FAQ Link)

What are the entry and exit loads for all schemes of QMF?

The present load structure for non-ETF schemes is as mentioned below;

Scheme Name	Entry Load / Switch in Load	Exit load/Switch Out Load (as % of NAV)
Quantum Long Term Equity Fund	Not Applicable*
		if redeemed or switched out on or before 180 ys from the date of allotment	4.00%
		if redeemed or switched out after 180 days but on or before 365 days from the date of allotment	3.00%
		if redeemed or switched out after 365 days but on or before 545 days from the date of allotment	2.00%
		if redeemed or switched out after 545 days but on or before 730 days from the date of allotment	1.00%
		if redeemed or switched out after 730 days from the date of allotment	Nil
Quantum Equity Fund of Funds	Not Applicable*	if redeemed or switched out on or before 365 days from the date of allotment	1.5 %
Quantum Gold Savings Fund	Not Applicable*	if redeemed or switched out on or before 365 days from the date of allotment	1.5 %
Quantum Multi Asset Fund	Not Applicable*	a) If redeemed or switch out on or before 90 days from the date of allotment of units. b) If redeemed or switch out after 90 days from the date of allotment of units.	1 % NIL
Quantum Dynamic Bond Fund	Not Applicable*	NIL
Quantum Liquid Fund	Not Applicable*	NIL
Quantum Tax Saving Fund	Not Applicable*	NIL

*NA- 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.)

The above mentioned load structure shall be equally applicable to the special products such as Systematic Investment Plan (SIP) / Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) and Switches etc. However, no load shall be charged for switching between options within the Scheme.

The present load structure for ETF schemes is as mentioned below;

Scheme Name	Entry Load / Switch in Load	Exit load/Switch Out Load (as % of NAV)
Quantum Gold Fund	Not Applicable*	NIL (retail investor can exit the scheme through secondary market)
Quantum Index Fund	Not Applicable*	NIL (retail investor can exit the scheme through secondary market)

What is switch? Explain procedure of switch.

Can I switch between different folios?
No, you cannot make a switch request between different folios.
Can I switch between schemes or Investment options or Investment facilities? Is there any load on switching?
Yes, you can make a switch request within the same folio. You can place a switch request from your existing scheme to another scheme. However the criteria of minimum switch in amount criteria of the target scheme should be fulfilled.

Kindly note that, a switch request for units from one folio to another folio is not allowed.

There are two types of switches that an investor can avail for which are as below:

Inter scheme switch / transfer – It refers to switch of units / amount between two different schemes in the same folio for e.g. from Quantum Long term equity fund to Quantum Gold Savings fund or vice a versa. Exit load STT is applicable (as per scheme features) for these type of switches.

Intra scheme switch / transfer – It refers to switch of units/ amount between option/facilities within the scheme for e.g. from ‘dividend option’ to ‘growth option’ or vice a versa.

Exit load is not applicable for these types of switches and STT is applicable Change in facilities - It would mean change from dividend re-investment to dividend payout under dividend option. Exit load is not applicable for these types of change but STT is applicable. The investor needs to give a duly filled and signed transaction slip indicating ‘switch’/ written request letter by all the unit holder(s).

What is the NAV applicability and cut-off timing for Switch transactions in all schemes of QMF?

If you are an existing investor of Quantum Mutual Fund, you can switch the units between schemes in the same folio. Please refer to the Switch Matrix below for the applicable NAV while switching.

SWITCH MATRIX (Applicable NAV)
			Business day followed by Business Day		Business day followed by Non Business Day
Amount	Scheme	Cut off time	Switch Out Scheme	Switch In scheme	Switch Out Scheme	Switch In scheme
Equity
< Rs.2 lacs	Equity to Equity	Up to 3.00 P.M.	Same Business Day	Same Business Day	Same Business Day	Same Business Day
	Equity to Liquid	Up to 3.00 P.M.	Same Business Day	Day Prior to T+3 Business Day	Same Business Day	Day Prior to T+3 Business Day
	Equity to FOF	Up to 3.00 P.M.	Same Business Day	Same Business Day	Same Business Day	Same Business Day
	Equity to ETF*	Up to 3.00 P.M.	Same Business Day	Same Business Day	Same Business Day	Same Business Day

Rs. 2 lacs and above	Equity to Equity	Up to 3.00 P.M.	Same Business Day	T+3 Business Day	Same Business Day	T+3 Business Day
	Equity to Liquid	Up to 3.00 P.M.	Same Business Day	Day Prior to T+3 Business Day	Same Business Day	Day Prior to T+3 Business Day
	Equity to FOF	Up to 3.00 P.M.	Same Business Day	T+3 Business Day	Same Business Day	T+3 Business Day
	Equity to ETF*	Up to 3.00 P.M.	Same Business Day	T+3 Business Day	Same Business Day	T+3 Business Day
FOF
< Rs.2 lacs	FOF to FOF	Up to 3.00 P.M.	Same Business Day	Same Business Day	Same Business Day	Same Business Day
	FOF to Liquid	Up to 3.00 P.M.	Same Business Day	Day Prior to T+3 Business Day	Same Business Day	Day Prior to T+3 Business Day
	FOF to Equity	Up to 3.00 P.M.	Same Business Day	Same Business Day	Same Business Day	Same Business Day
	FOF to ETF*	Up to 3.00 P.M.	Same Business Day	Same Business Day	Same Business Day	Same Business Day

Rs. 2 lacs and above	FOF to FOF	Up to 3.00 P.M.	Same Business Day	T+3 Business Day	Same Business Day	T+3 Business Day
	FOF to Liquid	Up to 3.00 P.M.	Same Business Day	Day Prior to T+3 Business Day	Same Business Day	Day Prior to T+3 Business Day
	FOF to Equity	Up to 3.00 P.M.	Same Business Day	T+3 Business Day	Same Business Day	T+3 Business Day
	FOF to ETF*	Up to 3.00 P.M.	Same Business Day	T+3 Business Day	Same Business Day	T+3 Business Day
Liquid
< Rs.2 lacs	Liquid to Liquid	Up to 3.00 P.M.	Same Business Day	Same Business Day	Day Prior to Next Business Day	Day Prior to Next Business Day
	Liquid to Equity	Up to 3.00 P.M.	Same Business Day	Same Business Day	Day Prior to Next Business Day	Next Business Day
	Liquid to FOF	Up to 3.00 P.M.	Same Business Day	Same Business Day	Day Prior to Next Business Day	Next Business Day
	Liquid to ETF*	Up to 3.00 P.M.	Same Business Day	Same Business Day	Day Prior to Next Business Day	Next Business Day

Rs. 2 lacs and above	Liquid to Liquid	Up to 3.00 P.M.	Same Business Day	Same Business Day	Day Prior to Next Business Day	Day Prior to Next Business Day
	Liquid to Equity	Up to 3.00 P.M.	Same Business Day	Next Business day	Day Prior to Next Business Day	Next Business Day
	Liquid to FOF	Up to 3.00 P.M.	Same Business Day	Next Business day	Day Prior to Next Business Day	Next Business Day
	Liquid to ETF*	Up to 3.00 P.M.	Same Business Day	Next Business day	Day Prior to Next Business Day	Next Business Day
* As and when allowed during liquidity window

What is the procedure for redemption?

Online Process:
• For existing investors who have a User Id and PIN

1.	Login to the invest online portal
2.	Kindly access the section ‘Transactions’ > Redemption.
3.	Enter the PIN for your folio.
4.	Read the instructions mentioned under the respective pages and complete your redemption transaction.

Click Here to know how to generate User – Id and PIN for redeeming online.

• For existing investors who do not have a User Id and PIN (transact without login)

1.	Click on the Invest Online section
2.	Enter “PAN No” > Select “Folio Number” (associated with PAN No), generate OTP
3.	Enter OTP which is sent on the registered Mobile number and Email Id.
4.	Read the instructions mentioned under the respective pages and complete your redemption transaction

Note : This facility is only for Individual investors whose investments are in non-demat mode.

Offline Process:

1.	Download the transaction slip from the ‘Download’ section of our website..
2.	Fill details of your folio number/ scheme name with option, number of units/amount you wish to redeem.
3.	Sign the slip as per mode of holding. OR Submit to us a written request mentioning all the above mentioned details to any of our office or collection centers.
4.	Submit it to any of our office or collection centers nearest to you.

OR
Submit to us a written request mentioning all the above mentioned details to any of our office or collection centers nearest to you.

Other Modes to Submit Redemption -
Email / Fax
WhatsApp / Hike
SMS
Visit our FAQs on Modes of Investment to Know More

Notes:
Redemption consideration post introduction of Regular plan w.e.f. from 1/4/2017

Where Units under a Scheme are held under both Direct and Regular Plan and redemption / Switch request pertains to Regular Plan, the same needs to be clearly mentioned in the redemption request (along with the folio number)

In case the plan is not specified the redemption will be processed for Units held in Direct Plan.

In case the Plan is not specified and all Units under the requested scheme are held only under one Plan, the request would be processed under such Plan.

If the Investment in a Scheme is in Regular plan or Direct plan in a folio through different mode viz channel distributor/ Other distributor/directly with AMC and investor submits full redemption request then all units as per the specified plan would be redeemed.

Ex1.

Investor having 50 units in Quantum Long Term Equity Fund Direct Plan Growth option. If the said units are invested through multiple modes ie, 20 units through an RIA and 30 units directly through AMC and investor submits a redemption request for Full units either through RIA or AMC then all the units in the specified Plan would be redeemed

Ex 2.

Investor having 50 units in Quantum Long Term Equity Fund Regular Plan Growth option. If the said units are purchase in multiple transaction ie, 20 units through a distributor and 20 Units through channel partner mode and 10 units directly through AMC(Online or Offline with ARN code). If investor submitsa redemption request for Full units either through distributor or through AMC, then all the units in the specified Plan would be redeemed.

Through any mode whenever a full redemption is received then all the units in the said scheme and selected plan would be redeemed

At any point of time if an investor requests for partial redemption of Units though any mode , then redemption of Units will be considered basis FIFO logic in selected plans

How will I receive my redemption proceeds?
The redemption proceeds are paid via any of the following modes depending on the investor’s bank, completeness & accuracy of the bank details provided by the investor & his location:

Direct Credit through RTGS/ NEFT:
Redemption proceeds are directly credited to the investor’s bank account wherein we have the complete core banking account number & the IFSC code of your registered bank and also that particular bank and branch has been enabled for RTGS/ NEFT.

To have your complete bank details updated with us, Click Here for multiple bank registration form.

Cheques:
In cases other than RTGS/NEFT wherein we do not have complete bank details, cheques are sent to the investors.

How much amount will I receive if I redeem my investments today? Will I have to bear any load / charges on redemption?

How long will it take to receive the redemption proceeds?
As per SEBI Regulations, the Mutual Fund shall initiate the redemption payment within 10 Business Days of receiving the redemption request. However Quantum Mutual Fund endeavors to make the payment for redemption in equity schemes on Transaction day plus 3 business days and for Liquid scheme on Transaction day plus 1 business day.

What is the NAV applicability and cut-off timing for Purchase and Redemption in all schemes of QMF?

Please find below the scheme wise cut off timings and applicable NAV for QMF (Non-ETF) schemes:

Scheme	Investment amount in Rs.	Purchase Cut-off time	Redemption Cut-off time
Quantum Long Term Equity Fund-QLTEF, Quantum Tax Savings Fund-QTSF, Quantum Equity Fund of Funds-QEFOF, Quantum Gold Savings Fund-QGSF, Quantum Multi Asset Fund-QMAF and Quantum Dynamic Bond Fund- QDBF	Less than Rs. 2 lakh	3.00 P.M. (same day NAV)	3.00 P.M. (same day NAV)
	Rs. 2 lakh and above	* Irrespective of the time of receipt; the NAV of the day on which the funds are available for utilization shall be applicable.	3.00 P.M. (same day NAV)
Note : 1] * with effect from October,01 2012 2] The cut-off timings for determining NAV will depend upon the timestamp, type of payment instrument, the time of credit & utilization of funds received and the investment amount. 3] Application with an outstation cheque or demand draft which is not payable on par at the place where it is received, the applicable NAV shall be of the day on which the cheque or demand draft is credited.

Scheme	Investment amount in Rs.	Purchase Cut-off time	Redemption Cut-off time
Quantum Liquid Fund - QLF	Any amount	2.00 P.M. (Previous day NAV)	3.00 P.M. (same day NAV)
Note : 1] The cut-off timings for determining NAV will depend upon the timestamp, type of payment instrument, the time of credit & utilization of funds received and the investment amount. 2] Application with an outstation cheque or demand draft which is not payable on par at the place where it is received, the applicable NAV shall be of the day on which the cheque or demand draft is credited.

Please find below the scheme wise cut off timings and applicable NAV for QMF (ETF) schemes
i.e. Quantum Gold Fund –QGF and Quantum Index Fund-QIF:

I) The Fund creates / redeems units of the Scheme in 'Creation Unit Size' which is exchanged for portfolio Deposit which would consist of physical Gold of defined purity and quantity and Cash component. The fund declares the Portfolio Deposit or Cash Component on the website / www.QuntumMF.com and the same would be applicable for creating and redeeming unit size for that Business Day.
(A) Applicable NAV for Purchases in Creation in Unit Size:
(i) In respect of valid application received from Authorised Participant / Large Investor along with the Portfolio Deposit and / or Cash Component, up to 3.00 p.m. on a Business Day at the official point of acceptance, NAV of the day on which the application is received shall be applicable.
(ii) In respect of valid application received for purchase in Creation Unit Size, from Authorised Participant / Large Investor along with the Portfolio Deposit and / or Cash Component after 3.00 p.m., on a Business Day at the official point of acceptance, the closing of NAV of the next Business Day on which the application is received shall be applicable.
(B) Applicable NAV for Redemptions in Creation Unit Size:
(iii) In respect of valid application received up to 3.00 p.m. on a Business Day at the official point of acceptance, NAV of the day on which the application is received shall be applicable.
(iv) In respect of valid application received after 3.00 p.m. on a Business Day at the official point of acceptance, the closing NAV of the next Business Day on which the application is received shall be applicable
(II) On the Exchange:
As the Units of the Scheme are listed on NSE, an investor can buy / Sell units on continuous basis on the capital market segment of NSE during trading hours like any other publicly traded stock at prices which may be close to the actual NAV of the Scheme.

ISIN	Scheme Name
INF082J01036	Quantum Long Term Equity Fund Growth Option
INF082J01044	Quantum Long Term Equity Fund Dividend Payout Option
INF082J01051	Quantum Long Term Equity Fund Dividend Re-Investment Option
INF082J01069	Quantum Tax Saving Fund Growth Option
INF082J01077	Quantum Tax Saving Fund Dividend Payout Option
INF082J01085	Quantum Tax Saving Fund Dividend Re-Investment Option
INF082J01093	Quantum Equity Fund of Funds Growth Option
INF082J01101	Quantum Equity Fund of Funds Dividend Payout Option
INF082J01119	Quantum Equity Fund of Funds Dividend Re-Investment Option
INF082J01127	Quantum Liquid Fund Growth Option
INF082J01143	Quantum Liquid Fund Monthly Dividend Payout Option
INF082J01200	Quantum Liquid Fund Monthly Dividend Reinvestment Option
INF082J01135	Quantum Liquid Fund Daily Dividend Re-Investment Option
INF082J01150	Quantum Gold Savings Fund Growth Option
INF082J01168	Quantum Multi Asset Fund Growth Option
INF082J01010	Quantum Gold Fund - ETF
INF082J01028	Quantum Index Fund - ETF
INF082J01176	Quantum Dynamic Bond Fund Growth Plan
INF082J01184	Quantum Dynamic Bond Fund Monthly Dividend Payout
INF082J01192	Quantum Dynamic Bond Fund Monthly Dividend Reinvestment

Sr. No.	Particular	Availability
Offline Mode
1	Cash	NO
2	Cheque or Demand draft	Yes, allowed
3	Direct Debit/ Auto debit	Yes, allowed under SIPs
4	OTM/ NACH	Yes, allowed
Online Mode
1	Net banking	Yes, allowed
2	Debit Cards	Yes, allowed
3	NEFT(National Electronic Funds Transfer)	Yes, allowed
4	RTGS(Real Time Gross Settlement)	Yes, allowed above Rs. 2 lakhs
5	Prepaid Cards*	Yes, allowed with "I-CASH cards"
6	Interbank Mobile Payment Service (IMPS)	Yes, allowed
7	Credit Card	Not Allowed
8	OTM / NACH	Yes, Allowed.

	Toll Free No.: 1800-209-3863 / 1800-22-3863
	Board Line No: 022 - 6144 7800 - 804
	Fax No.: 1800 - 22 - 3864 / +91 - 022 - 2287 5923 (For International Users)
	Email ID: CustomerCare@QuantumAMC.com
	SMS: <QUANTUM> TO 9243-22-3863
	Missed Call No: 022 - 6107 3807

•	1st Direct to Investor Mutual Fund house.
•	Disciplined research and investment processes.
•	Low Cost schemes with one of the lowest expense ratios in the industry.
•	INVEST ONLINE- Complete paperless investment facility.

1.	Quantum Long Term Equity Fund (An Open-ended Equity Scheme)
2.	Quantum Liquid Fund (An Open ended Liquid Scheme)
3.	Quantum Tax Saving Fund (An Open ended Equity Linked Savings Scheme)
4.	Quantum Equity Fund of Funds (An Open-ended Equity Fund of Funds Scheme)
5.	Quantum Gold Savings Fund (An Open-ended Fund of Fund Scheme)
6.	Quantum Multi Asset Fund ( An Open ended Fund of Funds Scheme)
7.	Quantum Dynamic Bond Fund (An Open-ended Debt Scheme with Defined Credit Exposure and Dynamic Maturity Profile)

8.	Quantum Gold Fund ETF (An Open-ended Exchange Traded Fund – Gold)
9.	Quantum Index Fund ETF (An Open-ended Exchange Traded Fund)

Scheme Name	Plans	Options Available	Default Option (In case the option/sub-option is not indicated)
Quantum Long Term Equity Fund	Direct/Regular	i) Growth Option ii)Dividend Option - Dividend Pay-Out Facility - Dividend Re-investment Facility	- Growth Option - Dividend Reinvestment Facility
Quantum Liquid Fund	Direct/Regular	- Growth - Daily Dividend Reinvestment - Monthly Dividend Re-investmentOption .	- Growth option
Quantum Tax Saving Fund	Direct/Regular	i) Growth Option ii)Dividend Option	- Growth Option - Dividend Pay-Out Facility
Quantum Equity Fund Of Funds	Direct/Regular	i) Growth Option ii)Dividend Option - Dividend Pay-Out Facility - Dividend Re-investment Facility	- Growth Option - Dividend Reinvestment Facility
Quantum Gold Savings Fund	Direct/Regular	Growth option	Growth option
Quantum Multi Asset Fund	Direct/Regular	Growth option	Growth option
Quantum Dynamic Bond Fund	Direct/Regular	- Growth - Monthly Dividend Reinvestment - Monthly Dividend Payout	Growth option
Quantum Gold Fund*	NA	Growth option	Growth option
Quantum Index Fund*	NA	Growth option	Growth option

1.	Through our Invest Online portal
2.	By submitting physical transaction requests offline
3.	Through your mobile phone/computer using SMS, WhatsApp, Email, Fax
4.	On the Quick Transact section (invest online without login)
5.	Through the stock exchange platform
6.	Mutual Fund Utility Platform

Scenario	Broker Code Mentioned by the investor	Plan mentioned by the investor	Default Plan to be captured
1	Not mentioned	Not mentioned	Direct Plan
2	Not mentioned	Direct	Direct Plan
3	Not mentioned	Regular	Direct Plan
4	Mentioned	Direct	Direct Plan
5	Direct	Not mentioned	Direct Plan
6	Direct	Regular	Direct Plan
7	Mentioned	Regular	Regular Plan
8	Mentioned	Not mentioned	Regular Plan

Investor	Investment Amount (Rs.)	NAV	Units (Investment Amount/NAV)
A	100,000	100	1,000
B	100,000	100	1,000
C	100,000	100	1,000
D	100,000	100	1,000
Totals	400,000		4,000

Investor	Investment Amount (Rs.)	Units
A	100,000	1,000
B	--	--
C	100,000	1,000
D	100,000	1,000
(+) Add Exit Load collected from B	4,000
Totals	304,000	3,000

Investor	Investment Amount	Units
A	100,000	1,000
B	--	--
C	--	--
D	100,000	1,000
Totals	208,000	2,000

1.	Login to the invest online section with your User Id & Password
2.	Kindly access the section ‘Transactions’ > Switch.
3.	Enter the PIN for your folio.
4.	Click the option ‘Transact’ which is available next to the scheme name that you wish to switch.
5.	Read the instructions mentioned under the respective page.
6.	Enter the switch amount/units that you wish to switch.

•	Quantum Asset Management Company Pvt. Ltd. - Mumbai 505, Regent Chambers, 5th floor, Nariman Point, Mumbai - 400021
•	Quantum Asset Management Company Pvt. Ltd. - 610, 6^th floor, Neelyog Square, Opposite Ghatkopar Railway Station,Ghatkopar (E), Mumbai - 400 077
•	Quantum Asset Management Company Pvt. Ltd. - 602, 6^th floor, Siddharth Arcade, Above HSBC Bank, L.T. Road, Borivali West, Mumbai - 400 092
•	Quantum Asset Management Company Pvt. Ltd. - Office No. – 117, DBS Business Center, 31-A, Cathedral Garden Road, Nungambakkam, Chennai- 600 034
•	Quantum Asset Management Company Pvt. Ltd. – Ahmedabad 1st Floor, Shajanand Complex Opp; Arvindbhai Avenue, (Old Citi Bank) Nr: Panchavati Petrol Pumps C.G Road, Ahmedabad - 380006

1.	Login to the Transact Without Login
2.	Enter “PAN No” > Select “Folio Number” (associated with PAN No), generate OTP
3.	Enter OTP which is sent on the registered Mobile number and Email Id.
4.	Read the instructions mentioned under the respective pages
5.	Enter the switch amount/units that you wish to redeem

1.	Download the transaction slip.
2.	Fill details of folio number/scheme/no. of units/amount you wish to switch.
3.	Sign as per mode of holding.
4.	Or write a written request quoting all the above mentioned details.
5.	Submit the same at any of our office or collection centers.

•	Exit load
•	''Applicable NAV''
•	Securities Transaction Tax (STT) – (Note: STT will be charged for Sale of a unit of an Equity Oriented Fund only. The STT charge is 0.001% on the gross redemption amount.)

FAQs

Tell me more about Quantum Mutual Fund (QMF)? Why should I invest with QMF?

Who can invest in the Schemes of QMF?

Who cannot invest in the schemes of QMF?

Can a Non Resident Indian (NRI) invest in the schemes of QMF?

Which schemes that are currently offered by Quantum Mutual Fund (QMF)?

Which are the Options / facilities and the default option/ facilities for all the schemes of QMF?

What are the different features available under the schemes of QMF?

What are the minimum purchase /additional purchase amount for all schemes of QMF?

What is Net Asset Value (NAV) of a scheme?

How can I invest in Quantum Mutual Fund Schemes?

How will I come to know that my application is processed? Will I get any confirmation?

Can I hold the units of QMF scheme in Demat mode?

Please note that the units of Exchange traded funds i.e. Quantum Gold Fund and Quantum Index fund can only be held in Demat form.

What are the ISIN numbers of Quantum Mutual Fund schemes?

Which payment modes are available, if I decide to invest in QMF schemes?

Through which banks can I invest in QMF schemes?

Will there be any charges applicable on any of my transactions?

What is KYC (Know Your Client)? Explain KYC in detail.

Please click here for the CVL India website.

Please click here for KYC FAQs.

Is it mandatory to specify Direct/Regular Plan in the application form? What if the same is not indicated on the form?

Can you please elaborate on the load structure of Dividend and Growth options contributing to the difference in the NAVs of both the funds?

What is the difference between Dividend Payout and Dividend Re-invest option?

What is the difference between Sale price and repurchase price?

How will I receive the dividend amount and how long does it take?

What is the value of my investments today?

What are the entry and exit loads for all schemes of QMF?

What is switch? Explain procedure of switch.

Can I switch between different folios?

Can I switch between schemes or Investment options or Investment facilities? Is there any load on switching?

What is the NAV applicability and cut-off timing for Switch transactions in all schemes of QMF?

What is the procedure for redemption?

How will I receive my redemption proceeds?

How much amount will I receive if I redeem my investments today? Will I have to bear any load / charges on redemption?

How long will it take to receive the redemption proceeds?

What is the NAV applicability and cut-off timing for Purchase and Redemption in all schemes of QMF?

How can I get in touch with you? What are the conveniences you offer?

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