Quantum Multi Asset Fund

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;

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.

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 Multi Asset Fund may invest in the following Instruments:

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.

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.

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.

Please refer below table for the minimum amount required to invest or redeem 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.

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). Effective 01 Dec 2018, the base TER has undergone a change, however the Total Expense Ratio remains the same.

"As per Regulation 52(6)(a) of SEBI (MF) Regulations, the total expenses of the Scheme, including weighted average of charges levied by the underlying schemes shall not exceed 2.50% of the daily net assets of the scheme"

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!?”

The scheme offers only Growth Option

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.

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.

To know more about the NAV/price applicability and related concepts please click here.

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.