9 More Banks are Added by Quantum Mutual Fund for Online Transactions!

Posted On Tuesday, Nov 08, 2011

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At Quantum Mutual Fund, we have been working towards giving you more reasons to invest well. So, we've opened a new office in Chennai, we've brought you our Drop-box facility in association with Yes Bank, and of course, we've made investing online paperless (for KYC compliant investors). We hope that you will spend some time to experience our initiatives and share your stories with us at [email protected].


We would also like you to take a few moments out of your schedule to read a little about a few updates at Quantum Mutual Fund. (We promise to keep it short):


9 New Banks for Online Transactions


In response to all those investors who wrote in to tell us about increasing the number of banks for transacting online, we've added 9 new banks to the list.


A warm online welcome to investors holding accounts in:

1. Andhra Bank
2. Indian Bank
3. ING Vysya Bank
4. Development Credit Bank
5. UCO Bank
6. Canara Bank
7. Punjab and Sind Bank
8. Jammu and Kashmir Bank Limited
9. United Bank of India


Click here to check the list of other banks available for online transactions (refer pt. 20).


Multiple Bank Registration


By registering for multiple bank accounts under your folio you can opt to receive your redemption proceeds in your preferred account. So, if you feel the need to add more banks under your folio and have already registered with us for net banking, then simply fill the Multiple Bank Account Registration Form and submit it at our nearest collection centre with supporting documents.


Click here for the list of our collection centres.


Important Announcement for Unit Holders having HDFC Bank accounts


If you use your HDFC bank account to transact with us online, please make sure that you have registered for the bank's Third Party Funds Transfer service and that you have enabled Secure Access within Net Banking. Without these validations, you will not be able to transact online.

HDFC Bank has initiated these additional security measures for protecting your information during third party transfers and to protect your account from any sort of security breach.

If you have faced any similar problem while transacting online or would like to register for Third Party Funds Transfer, we would suggest you get in touch with your bankers at the earliest.


STP and SWP Cancellation Options now available Online


Now, you need not submit a physical request for cancellation. For the convenience of our investors, we have enabled the STP and SWP cancellation option online through the Invest Online facility available on our website. Our Offline investors too, can avail of the online STP and SWP cancellation facility by converting their investments online. Click here to avail of the facility


We thought that it would be nice to keep you posted about these developments.

You could surely write back to us in case you have any clarifications that you need addressed.



Risk Factors: Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Please visit – www.quantumamc.com/disclaimer to read scheme specific risk factors. Investors in the Scheme(s) are not being offered a guaranteed or assured rate of return and there can be no assurance that the scheme's objective will be achieved and the NAV of the scheme(s) may go up or down depending upon the factors and forces affecting securities markets. Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including possible loss of capital. Past performance of the Sponsor / AMC/ Mutual Fund does not indicate the future performance of the Scheme(s). Statutory Details: Quantum Mutual Fund (the Fund) has been constituted as a Trust under the Indian Trusts Act, 1882. Sponsor: 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 Private Limited (AMC). The Sponsor, Trustee and Investment Manager are incorporated under the Companies Act, 1956.

Above article is authored by Quantum.

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