Quantum Gold Fund ETF
1339.9680 -10.64 (-0.79%)NAV per unit as on 18/09/2017
Inception Date 22/02/2008
Expense Ratio 1.03%
Asset Size (Rs. Crore) 55.43As On 31/08/2017
No. of Folios 9795As On 31/08/2017
About the Fund
Want to invest in gold but are waiting for the making charges to drop? Or worried where you will store your physcial gold? What if we told you that a fund allows you to invest in the asset class of your choice (gold) and you do not incur any making charges or storage hassels!
Presenting the Quantum Gold Fund ETF (QGF). QGF invests in Physical Gold. It seeks to offer investors an innovative and cost-efficient way to invest in gold. Each unit of the QGF will be approximately equal to price of half (½) gram of Gold. Through the lower cost of operations and the availability of units having smaller denominations, QGF would provide investors an excellent means of asset allocation. Please note that you need a demat account to invest in QGF.
Click here for the Product Brochure
The Quantum Gold Fund ETF is a perfect investment for those who wish to invest in Gold the smarter way, by neither paying any making charges nor worrying about the storage of gold since the invested gold is not in a physical form.
Product Labeling
| Name of the Scheme | This product is suitable for investors who are seeking* | Riskometer |
|---|---|---|
| Quantum Gold Fund ETF (An Open-ended Exchange Traded Fund- Gold) |
• Long term returns • Investments in physical gold |
|
| * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. | ||
| Mutual Fund investments are subject to market risks, read all scheme related documents carefully. | ||
Fund Performance
Past Performance may or may not be sustained in the future
| Period | Scheme Returns ^ | Domestic Price of Gold | Value of investment of Rs. 10,000@ | |
|---|---|---|---|---|
| Scheme (Rs.) | Domestic Price of Gold (Rs.) | |||
| July 29, 2016 to July 31, 2017 (1 year) | -11.21% | -10.32% | 8,873 | 8,963 |
| July 31, 2014 to July 31, 2017 (3 years) | -0.09% | 0.97% | 9,974 | 10,294 |
| July 31, 2012 to July 31, 2017 (5 years) | -2.17% | -1.17% | 8,959 | 9,430 |
| July 30, 2010 to July 31, 2017 (7 years) | 5.93% | 7.00% | 14,969 | 16,071 |
| Since Inception (22nd February 2008) | 8.60% | 9.36% | 21,809 | 23,282 |
^ Past performance may or may not be sustained in the future. Load is not taken into consideration.
@ shows the current value of Rs 10,000/- invested at the beginning of a given period. Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).
The Scheme being Exchange Traded Fund has one plan to invest through stock exchange and having a single expense structure.
* CRISIL AMFI MF Performance Indices Methodology:
CRISIL - AMFI MF Performance Indices seeks to track the performance of the mutual funds across various categories. CRISIL - AMFI Large Cap Fund Performance Index is based on large cap funds which are ranked under CRISIL Mutual Fund ranking are part of the index. CRISIL - AMFI Diversified Equity Fund Performance Index is based on diversified equity funds which are ranked under CRISIL Mutual Fund ranking are part of the index. Total Return Index, is adjusted for corporate action in the mutual fund schemes. Index portfolio is marked-to-market on a daily basis using adjusted Net Asset Value (NAV). Funds which are ranked under CRISIL Mutual Fund ranking are part of the index. Eligibility of funds are based on minimum NAV history and a minimum AUM. Index values are calculated on daily basis using chain-link method. Asset weighted returns and quarterly rebalancing is carried out. CRISIL Limited (CRISIL) has taken due care and caution in preparing this performance based on the information obtained by CRISIL from sources which it considers reliable. CRISIL does not guarantee the accuracy, adequacy or completeness of the Data / information and is not responsible for any errors or omissions or for the results obtained from the use of Data / information. Please refer Crisil website for methodology and disclaimer.
This fund is managed by Chirag Mehta. Click here for performance details of other funds managed by him.
What is Quantum Gold Fund or QGF?
Quantum Gold Fund is an Exchange Traded Fund also known as ETF.
ETF units are listed on stock exchanges and traded like equity shares. An ETF would have some underlying security or group of securities like an index, sector stocks or commodities, like gold. These underlying securities determine the ETF’s value.
A Gold ETF is fund that has gold as the underlying security. So, the value of the ETF is derived from the value of underlying gold. Gold ETF would be a passive investment; so, when gold prices move up, the ETF appreciates and when gold prices move down, the ETF price comes down. As Gold ETFs track gold prices, the only differentiating factor would be the costs borne by the Fund House.
Quantum Gold Fund – QGF is an open ended exchange traded fund which will invest in Physical Gold. It seeks to offer investors an innovative and cost-efficient way to invest in gold. Each unit of the QGF will be approximately equal to price of half (½) gram of Gold. Through the lower cost of operations and the availability of units having smaller denominations, QGF would provide investors an excellent means of asset allocation.
It is pertinent to note that Quantum Mutual Fund is India’s first 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).
Investor looking for Portfolio diversification under Gold asset can invest in QGF.
Some attributes of QGF are;
• QGF helps to diversify your investments across third asset class which is GOLD other than Equity and Fixed Investments or Bonds. • QGF takes away your worry about quality as the gold backing the ETF is sourced from London Bullion Market Association approved refiners. • QGF takes away your worry about storage and thefts as the fund house takes care of all risks of storage and safety for a minimal expense ratio. • QGF helps to stabilize your portfolio against negative events as it is less volatile compared to equity. What is the Investment Objective of the Quantum Gold Fund?
The Investment Objective of the Scheme is to generate returns that are in line with the performance of gold and gold related instruments subject to tracking errors. However, investments in gold related instruments will be made if and when SEBI permits mutual funds to invest, in gold related instruments. The Scheme is designed to provide returns that before expenses, closely correspond to the returns provided by gold.
What are the different features available under the Quantum Gold Fund?
Systematic Investment Plan, Systematic Transfer Plan and Systematic Withdrawal Plan are not available under QGF.
Investors can avail of these facilities by investing in the Quantum Gold Savings Fund. Click here to read about Quantum Gold Savings fund.
Investors do have the option of regularly buying units from the listed exchanges and accumulating their QGF holdings.
Where will the Quantum Gold Fund invest? What is the Current portfolio?
The scheme may invest in the following Instruments:
Instruments Indicative Allocation (% of Net Assets) Risk Profile Physical Gold 90% 100% Medium to High Money Market instruments, Short-term Corporate debt securities, CBLO and units of Debt and Liquid Schemes of Mutual Funds 0% 10% Low The AMC uses `passive` approach to try and achieve the Scheme`s investment objective. The QGF will invest up to 100% but at least 90% of its total assets in the physical Gold. Quantum Gold Fund endeavors to track domestic prices of gold by investments in physical gold.
Click here to view the current portfolio of the Quantum Gold Fund.What is the Benchmark of the Quantum Gold Fund & Why?
The Benchmark for the Scheme is domestic price of physical Gold. The scheme would primarily invest in physical gold with an investment objective to generate returns that are in line with performance of gold and gold related instruments. Hence, the benchmark is chosen as it is most suited for comparing the performance of the scheme with regard to its stated objective.
Who is managing the Quantum Gold Fund?
Mr. Chirag Mehta is managing the scheme.
Chirag Mehta has more than 11 years of experience in handling commodities. Chirag is a qualified CAIA (Chartered Alternative Investment Analyst), and has also completed his Masters in Management Studies in Finance. He has interned at Kotak & Co. Ltd and has also attended the Federation of Indian Commodities Exchanges as part of his internship.
What is the Minimum amount I need to invest or redeem in the Quantum Gold Fund? (Retail investors and Large investors/AP)
The minimum amount of investment will change according to the category you fall under i.e. Retail Investor and Large Investor or Authorised Participants (AP).
Retail Investors- 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.
Large Investors/AP:To read more on minimum amount for Large investors/AP please read the SID of QGF or please click here.
How do I invest in the Quantum Gold Fund? (Retail investors and Large investors/AP)
Quantum Gold Fund is listed on the National Stock Exchange (NSE) with the symbol QGOLDHALF.
You can buy/sell Quantum Gold Fund units on the National Stock Exchange, through your stock broker, or through your online trading service. Each QGF unit is approximately equal to ½ gram of gold.
The investment process will change according to the category you fall under i.e. Retail Investor and Large Investor or Authorised Participants (AP).
RETAIL INVESTOR -• Units of the QGF will be issued and settled compulsorily in dematerialized form. So you should have a Demat (beneficiary) account with a depositary participant of NSDL or CDSL. • You can buy QGF units on the capital market segment of NSE, during trading hours at a price which may be close to the NAV of the Scheme. • You have to instruct your broker to buy/sell QGF units and pay the transaction amount to him. • Also give standing instructions for "Delivery-in" to your DP for accepting units in your Demat account. • After the execution of trade; the broker will transfer the QGF units directly to your Demat account. • If you trade online, you can input buy/sell orders on your system at your convenience and pay the broker online. QGF can be found under the equity section, and not mutual fund section, of your online trading service. A list of the ticker codes used by various member-brokers on their online terminals is given below:
Broker Name QGF Unit Ticker HDFC Securities QUAGOLEQNR ICICI Direct QUGOLD Sharekhan QGOLDHALF LARGE INVESTORS /AP- To read more on how to invest for Large investors/AP please read the SID of QGF or please click here
Who can and cannot invest in the scheme?
What is the current expense ratio of the Quantum Gold Fund?
Current expense ratio is 1.03% p.a. with effect from July 1, 2017 (Post GST).What are the entry and exit loads for the Quantum Gold Fund?
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 from the scheme. (Retail investor can exit the scheme only through secondary market).
What are the different options/facilities available under the Quantum Gold Fund?
The Quantum Gold Fund offers only Growth Option.
Can I hold the units of the Quantum Gold Fund in Demat mode?
The units will be issued only in dematerialized form through depositories. To avail the same you should have a Demat/beneficiary account with a DP.How has the Quantum Gold Fund performed?
To check the performance of the scheme you will have to go through the current factsheets.
Click here for detailed Scheme Factsheet.Tell me more about the NAV applicability and cut-off timing of the Quantum Gold Fund.
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.QuantumMF.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.
Tell me about the Tax implications if I invest in the Quantum Gold Fund.
Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Click here to understand the details on Taxation
Where do we Invest?
Latest Fact Sheet
Earlier FactsheetsDetails
| Stock Name | Quantity | Market Value | Allocation % |
|---|---|---|---|
| 1 KG Bar (995 fineness) | 186 | 5,515.06 | 99.50% |
| 100 Gram Bar (999 fineness) | 10 | 29.76 | 0.54% |
| Collateralised Borrowing & Lending Obligation (CBLO) ^ | 24.19 | 0.44% |