Quantum Multi Asset Fund
16.7784 0.02 (0.10%)NAV per unit as on 18/09/2017
Inception Date 11/07/2012
Expense Ratio 0.26%
Asset Size (Rs. Crore) 4.41As On 31/08/2017
No. of Folios 351As On 31/08/2017
About the Fund
Want to diversify your portfolio by investing in the three asset classes of Equity, Debt and Gold? Already have a diverfied porfolio, but wondering how to rebalance it? Have too many investments across all these asset classes and are looking to consolidate? The Quantum Multi Asset Fund (QMAF) is the answer to all the above questions.
QMAF is a Fund of Funds scheme which will invest in various Quantum Mutual Fund Schemes. These schemes of Quantum Mutual Fund will fall in to different asset classes of Equity, Debt and Gold. So, as an investor, you get a professional Fund Manager to take care of the diversification needs of your porfolio and have the ease of looking at the performance of one fund in one statement, rather than looking at multiple statements and trying to rebalance the portfolio yourself.
Click here for the Product Brochure
The Quantum Multi Asset Fund is a perfect fund for investors who want to diversify their portfolio by investing in one fund, which in turn proportionately allocates the sum invested in equity, debt and gold.
Product Labeling
| Name of the Scheme | This product is suitable for investors who are seeking* | Riskometer |
|---|---|---|
| Quantum Multi Asset Fund (An Open-ended Fund of Funds Scheme) |
• Long term capital appreciation and current income • Investments in portfolio of schemes of Quantum Mutual Fund whose underlying investments are in equity and equity related securities of companies, debt and money market instruments and 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 ^ | CRISIL Composite Bond Fund Index (40%) + S&P BSE Total Return Index (40%) + Domestic price of Gold (20%) | Value of investment of Rs. 10,000@ | |
|---|---|---|---|---|
| Scheme (Rs.) | CRISIL Composite Bond Fund Index (40%) + S&P BSE Total Return Index (40%) + Domestic price of Gold (20%) (Rs.) | |||
| July 29, 2016 to July 31, 2017 (1 year) | 9.48% | 10.37% | 10,953 | 11,043 |
| July 31, 2014 to July 31, 2017 (3 years) | 8.97% | 8.82% | 12,942 | 12,889 |
| Since Inception (11th July 2012) | 10.56% | 10.19% | 16,621 | 16,339 |
^ 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 has been in existence for more than 1 and 3 year but has not yet completed 5 years period from inception.
Quantum Mutual Fund since its launch did not have Separate Plans for receiving any investment applications either through distributors or directly from investors till March 31, 2017. Effective from April 1, 2017, the Existing Plan has been classified as Direct Plan and a new Regular Plan has been launched to receive the investment applications through distributors, with both the plans having different expenses structure. The performance details provided herein is of the plan now classified as Direct Plan as stated above. Different Plans shall have different 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 co-managed by Chirag Mehta and Nilesh Shetty. Click here for performance details of other funds managed by them.
What is Quantum Multi Asset Fund or QMAF?
A multi-asset class investment would contain more than one asset class, thus creating a group or portfolio of assets. Multi-asset class investments increase the diversification of an overall portfolio by distributing investments throughout several asset classes. This reduces risk (volatility) compared to holding one class of asset.
Quantum Multi Asset Fund - QMAF is an open ended Fund of Funds scheme which will invest in various Quantum Mutual Fund Schemes. These schemes of Quantum Mutual Fund will fall in to different asset classes of Equity, Debt and Gold.
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).
Investors looking for diversification/multi-asset allocation by investing in Debt, Equity and Gold, a combination of assets that works through the economic cycles can invest in QMAF. Some attributes of QMAF other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;• QMAF invests in equities, fixed income and gold based on research backed investment process. • The asset allocation is based on time to time performance of the underlying asset classes. • QMAF constantly monitors assets and performs constructive rebalancing of the portfolio according to the changing market conditions. • QMAF offers freedom from monitoring different asset class instruments and helps to reduce your hassles by investing in one single scheme. • QMAF is an extension of traditional balanced fund with more diversification. • QMAF aims to reduce risk of losing portfolio value and generate modest capital appreciation. What is the Investment Objective of the Quantum Multi Asset Fund?
The investment objective of the Scheme is to generate modest capital appreciation while trying to reduce risk (by diversifying risks across asset classes) from a combined portfolio of equity, debt / money markets and Gold schemes of Quantum Mutual Fund.
The Scheme may invest in the units of debt / money market schemes of other mutual funds to gain exposure to debt as an asset class to manage any investment and regulatory constraints that arise / that prevent the Scheme from increasing investments in the schemes of Quantum Mutual Fund.
There can be no assurance that the investment objective of the Scheme will be realized.
What are the different features available under the Quantum Multi Asset Fund?
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
Where will Quantum Multi Asset Fund invest? What is the Current portfolio?
Quantum Multi Asset Fund may invest in the following Instruments:
Instruments Indicative allocations(% of Total Assets) Risk Profile Minimum Maximum High/Medium/Low Units of Equity Schemes 25% 65% Medium to High Units of Debt / Money Market Schemes 25% 65% Low to Medium Units of Gold Scheme 10% 20% Medium Money Market instruments, Short-term Corporate debt securities, CBLO, Repo / Reverse Repo in government securities and treasury bills only 0% 5% Low Portfolio allocation between the units of equity, debt/ money markets and gold schemes broadly depends on the relative valuations between the asset classes. Relative valuations are determined by evaluation of various influencing factors.
Click here to view the current portfolio of the Quantum Multi Asset Fund.
What is the Benchmark of the Quantum Multi Asset Fund & Why?
The Scheme’s performance will be benchmarked against Crisil Composite Bond Fund Index (40%) + S&P BSE Sensex Total Return Index (40%) + Domestic price of Gold (20%). The Benchmark has been selected as the Scheme being Fund of Funds scheme predominantly investing in the units of Equity, Debt / Money Markets and Gold schemes of Quantum Mutual fund. Therefore, the aforesaid benchmark is most suited for comparing performance of the Scheme.
Who is managing the Quantum Multi Asset 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.
Mr. Nilesh Shetty is the associate fund manager of the scheme.
Nilesh has more than 12 years of experience in research. He has been a part of Quantum Asset Management Company since 2009, and at present is the Associate Fund Manager for Quantum Long Term Equity Fund and Quantum Multi Asset Fund. Nilesh is a qualified CFA (Chartered Financial Analyst), and has completed his Masters in Management Studies (Finance) from the Mumbai University.
What is the minimum amount I need to invest or redeem in the Quantum Multi Asset Fund?
Please refer below table for the minimum amount required to invest or redeem in the Quantum Multi Asset Fund.
Minimum AmountAmount in Rs.Initial Investment
Rs. 500/- and multiples of Rs. 1/- thereafterAdditional InvestmentRs. 500/- and multiples of Rs. 1/- thereafter / 50 unitsRedemption/ Switch OutRs. 500/- and multiples of Rs. 1 thereafter OR account balance whichever is less / 50 unitsHow do I invest in the Quantum Multi Asset Fund?
PLEASE NOTE THAT YOU NEED TO 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:
Choose your preferred mode and click on the below links to read more and invest with us.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. Through your financial advisor
Please note that for ETF schemes i.e. QGF and QIF you will have to read the respective SID of the schemes.Who can and cannot invest in the scheme?
What is the current expense ratio of the Quantum Multi Asset Fund?
The current expense ratio of the Direct Plan of the Quantum Multi Asset Fund is 0.26% p.a. with effect from July 1, 2017 (Post GST). The expense ratio for the Regular Plan is 0.38% p.a. with effect from July 1, 2017 (Post GST).
What are the entry and exit loads for the Quantum Multi Asset Fund, why does it impose an exit load?
Load structure for the Quantum Multi Asset 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.
Exit Load
W.e.f.June 02,2014:
a) 1.00% if redeemed or switch out on or before 90 days from the date of allotment of units.
b) NIL if redeemed or switch out after 90 days from the date of allotment of units.The scheme is intended for investors with a long term investment horizon. The exit load is imposed to discourage investors who may buy and sell frequently which will adversely impact the returns of the other investors. Investors who have stayed invested for at least 90 days will not be charged any exit load.
The exit load in case of SIP & STP will be calculated on FIFO (First in First out) basis.
Click here to read more on “High exit loads actually work for you!?”
What are the different options/facilities available under the Quantum Multi Asset Fund?
The scheme offers only Growth Option
Can I hold the units of the Quantum Multi Asset Fund 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 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.
How has the Quantum Multi Asset Fund performed?
To check the performance of the Quantum Multi Asset Fund 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 Multi Asset Fund.
To know more about the NAV/price applicability and related concepts please click here.
Tell me about the Tax implications if I invest in the Quantum Multi Asset Fund.
Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. To know more on the Tax implications please click here.
Where do we Invest?
Latest Fact Sheet
Earlier FactsheetsDetails
| Stock Name | Quantity | Market Value | Allocation % |
|---|---|---|---|
| HDFC Bank Limited* | 2,381 | 42.30 | 9.59% |
| Housing Development Finance Corporation Limited* | 1,867 | 33.17 | 7.52% |
| Reliance Industries Limited* | 1,948 | 31.06 | 7.04% |
| ITC Limited* | 9,989 | 28.19 | 6.39% |
| ICICI Bank Limited* | 7,536 | 22.46 | 5.09% |
| Infosys Limited* | 2,349 | 21.49 | 4.87% |
| Larsen & Toubro Limited* | 1,444 | 16.41 | 3.72% |
| Tata Consultancy Services Limited* | 624 | 15.58 | 3.53% |
| Kotak Mahindra Bank Limited* | 1,425 | 13.91 | 3.15% |
| State Bank of India* | 4,360 | 12.11 | 2.75% |
| Maruti Suzuki India Limited | 156 | 12.01 | 2.72% |
| Hindustan Unilever Limited | 837 | 10.21 | 2.32% |
| Axis Bank Limited | 1,994 | 9.98 | 2.26% |
| IndusInd Bank Limited | 589 | 9.76 | 2.21% |
| Tata Motors Limited | 2,199 | 8.28 | 1.88% |
| Yes Bank Limited | 428 | 7.50 | 1.70% |
| Mahindra & Mahindra Limited | 545 | 7.33 | 1.66% |
| Vedanta Limited | 2,180 | 6.73 | 1.53% |
| Bharti Airtel Limited | 1,546 | 6.61 | 1.50% |
| Sun Pharmaceutical Industries Limited | 1,293 | 6.22 | 1.41% |
| Asian Paints Limited | 528 | 6.17 | 1.40% |
| Hero MotoCorp Limited | 153 | 6.11 | 1.39% |
| HCL Technologies Limited | 666 | 5.76 | 1.31% |
| Power Grid Corporation of India Limited | 2,575 | 5.65 | 1.28% |
| Indian Oil Corporation Limited | 1,195 | 5.43 | 1.23% |
| Oil & Natural Gas Corporation Limited | 3,309 | 5.19 | 1.18% |
| Tata Steel Limited | 786 | 5.02 | 1.14% |
| NTPC Limited | 2,899 | 4.89 | 1.11% |
| UltraTech Cement Limited | 122 | 4.88 | 1.11% |
| Bharat Petroleum Corporation Limited | 915 | 4.84 | 1.10% |
| Eicher Motors Limited | 15 | 4.72 | 1.07% |
| Indiabulls Housing Finance Limited | 378 | 4.59 | 1.04% |
| Bajaj Auto Limited | 159 | 4.48 | 1.02% |
| Wipro Limited | 1,482 | 4.43 | 1.00% |
| Hindalco Industries Limited | 1,710 | 4.07 | 0.92% |
| Adani Ports and Special Economic Zone Limited | 947 | 3.72 | 0.84% |
| Coal India Limited | 1,528 | 3.63 | 0.82% |
| Cipla Limited | 594 | 3.40 | 0.77% |
| Zee Entertainment Enterprises Limited | 642 | 3.34 | 0.76% |
| Tech Mahindra Limited | 730 | 3.13 | 0.71% |
| Bharti Infratel Limited | 824 | 3.09 | 0.70% |
| Dr. Reddy`s Laboratories Limited | 142 | 2.87 | 0.65% |
| GAIL (India) Limited | 753 | 2.85 | 0.65% |
| Lupin Limited | 280 | 2.74 | 0.62% |
| Ambuja Cements Limited | 868 | 2.43 | 0.55% |
| Aurobindo Pharma Limited | 332 | 2.41 | 0.55% |
| Bosch Limited | 10 | 2.20 | 0.50% |
| ACC Limited | 100 | 1.80 | 0.41% |
| Tata Power Company Limited | 2,142 | 1.70 | 0.39% |
| Bank of Baroda | 1,117 | 1.54 | 0.35% |
| Tata Motors Limited | 598 | 1.31 | 0.30% |
| Collateralised Borrowing & Lending Obligation (CBLO) ^ | 1.13 | 0.26% |