• | Nomination is mandatory in a folio. |
• | If existing investments are without a nomination, a request to register a nominee shall be sent to investors through various modes i.e. letters, emails or sms. The statement of account will highlight the need to nominate. |
1. | Addition or change in nominee: Multiple Nominee Registration Form duly filled and signed by all unit holders irrespective of the mode of holding. |
2. | Cancellation of nominee: A duly signed written request for cancellation of nominee signed by all holders irrespective of the mode of holding. |
• | All unit holders must sign the request for nomination/cancellation even if the mode of holding is not “joint”. |
• | Nomination form cannot be signed by Power of attorney (POA) holders. |
• | Every new nomination for a folio/account will overwrite the existing nomination. |
• | Nomination is not allowed in a folio held on behalf of a minor. |
The unit holders are given an option to hold the units in physical mode or in dematerialized mode.
The Investor intending to hold the units in dematerialized mode will be required to have a beneficiary account with a Depository Participant and will be required to mention the DP’s Name, DP ID No. and Beneficiary Account No. with the DP in the application form at the time of subscription / additional purchase of the units of the Scheme.
It may be noted that in case of option to hold units in dematerialized mode under Systematic Investment Plan (SIP), the units will be credited to Investor’s demat account on weekly basis on every Monday subject to realization of funds in the last week. For e.g. Units will be credited to investor’s demat account on following Monday for realization status of funds received in the last week from Monday to Friday.
It may be noted that the facilities viz. Switch in and out/ Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) are currently not available in the dematerialized mode.
The Scheme offers two plans:
1) Direct Plan
2) Regular Plan
Each Plan offers Growth Option.
The income attributable to Units under Growth Option will continue to remain invested and will be reflected in the Net Asset Value of Units under Growth Option.
Investor should indicate the Direct / Regular Plan for which the subscription is made by indicating the choice in the application form. In case of valid application received without indicating any choice of plan then the application will be processed for plan as under:
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 |
In cases of wrong/invalid/incomplete ARN codes mentioned on the application form, the application shall be processed under Regular Plan. The AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In case, the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under Direct Plan from the date of application.
The Trustees reserves the right to introduce a new Option/ Plan at a later date, subject to the SEBI Regulations.
Load structure for the Quantum Nifty 50 ETF Fund of Fund is mentioned below:
Entry Load: Not Applicable *
In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 has notified that, w.e.f. August 01, 2009 there will be no entry load charged to the schemes of the Mutual Fund and the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor.
The load if any shall be equally applicable to the special facilities such as Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) and Switches etc. However, no load shall be charged for switching between option / plan within the Scheme.
Exit Load: NIL
You can invest in our Schemes through the following modes:
1 | Through our Invest Online portal |
2 | By submitting physical transaction requests offline |
3 | Through your mobile phone/computer using Email |
4 | On the Quick Transact section (invest online without login)* |
5 | Through the stock exchange platform |
6 | Through your financial advisor |
Kindly note new purchase on SMS, WhatsApp, email and fax is not available during NFO. Only when the scheme is open for daily investment, these options can be used for transacting or making additional investment in the existing folio.
Please note that for ETF schemes i.e. QGF and QNF you will have to read the respective SID of the schemes.
Minimum Amount | Amount in Rs. |
Initial Investment | Rs. 500/- and multiples of Re. 1/- thereafter |
Additional Investment | Rs. 500/- and multiples of Re. 1/- thereafter / 50 units |
Redemption/ Switch Out | Rs. 500/- and multiples of Re. 1 thereafter OR account balance whichever is less / 50 units |
SYSTEMATIC INVESTMENT PLAN (SIP)
Frequencies Available Under SIP |
Daily |
Weekly |
Fortnightly |
Monthly |
Quarterly |
Minimum Amount | ₹100/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter |
Minimum No. of Installments / Instructions |
132 |
25 |
13 |
6 |
4 |
Frequency of dates | Daily-All Business Days Weekly - 7, 15, 21, 28 Fortnightly- 5 & 21 OR 7 & 25 Monthly/Quarterly-5,7,15,21,25,28 |
The unit holders will be able to Initiate request for Systematic Investment Plan (SIP) at the time of NFO along with the first investment during the NFO period. The SIP registration request given during the NFO period will be processed after scheme reopens for continuous sale and repurchase after NFO.
SYSTEMATIC TRANSFER PLAN (STP) (Available during continuous offer)
Frequencies Available Under STP |
Daily |
Weekly |
Fortnightly |
Monthly |
Quarterly |
Minimum Amount | ₹100/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter |
Minimum No. of Installments / Instructions |
132 |
25 |
13 |
6 |
4 |
Frequency of dates | Daily-All Business Days Weekly - 7, 15, 21, 28 Fortnightly- 5 & 21 OR 7 & 25 Monthly/Quarterly-5,7,15,21,25,28 | ||||
Minimum Balance to Start STP |
₹5000/- |
SYSTEMATIC WITHDRAWAL PLAN (SWP) (Available during continuous offer)
Frequencies Available Under SWP |
Weekly |
Fortnightly |
Monthly |
Quarterly |
Minimum Amount | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter | ₹500/- and in multiples of ₹1/- thereafter |
Minimum No. of Installments / Instructions |
25 |
13 |
6 |
4 |
Frequency of dates | Weekly-7,15,21,28 Fortnightly- 5 & 21 OR 7 & 25 Monthly/Quarterly-5,7,15,21,25,28 | |||
Minimum Balance to Start SWP |
₹5000/- |
Mr. Hitendra Parekh is managing the scheme.
Hitendra Parekh has collectively over 29.5 years of experience in Equity Markets. Hitendra is a B. Com Graduate and has also completed his master’s in financial management. Prior to joining the firm, Mr. Parekh was Head of Operations with UTI Securities Ltd from 2002 to 2004.
He joined UTI Securities Ltd in 1995 as an Executive in Operations Department. His responsibilities were to settle trade in Physical and maintain accounts for Proprietary investment (Fund Accountant). Prior to UTI Securities Ltd, Mr. Parekh was working for Unit Trust of India (UTI) as Fund Accountant. He started his career with UTI in 1992.
The Scheme will invest in the units of Quantum Nifty 50 ETF (Q Nifty), a mutual fund scheme Replicating / Tracking Nifty 50 Index - in the form of an Exchange Traded Fund.
The following features are available in the scheme during ongoing period:
Systematic Investment Plan (SIP): This feature enables investors to save and invest periodically over a long period of time.
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.
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.
Investor can contribute minimum amount of 1% of redemption amount subject to maximum of Rs.1000/- or such other amount at the discretion of the investor from the total redemption amount to HYNGO Foundation as donation. If the contribution amount is less than Rs. 1000/- then that will form part of General Donation to HYNGO Foundation and if contribution amount is more than or equal to Rs.1000/- then it will form part of Corpus Donation to HYNGO Foundation.
In case of Partial Redemption, the units towards contribution to SMILE will be addition to the redemption units and in case of full redemption units towards contribution to SMILE will be net off from the total units.
a. HelpYourNGO Foundation: HelpYourNGO Foundation (HYNGO) is a not-for-profit organization set up with the objective of increasing transparency in the social sector and helping donors make informed donation decisions in a strategic manner. HYNGO is the only organization in India standardizing detailed financial and program information on 650+ NGOs across 15 of the 17 UN Sustainable Development Goals (SDG-17), 500+ zip-codes and 13 sectors. The aim is to connect donors to genuine, trustworthy NGOs through information on its website and advisory services. Their analysts make an effort to identify NGOs which meet the highest standard of credibility and run efficient programs but have lesser visibility than the popular NGOs.
HYNGO’s products – YourRedButton and the Systematic Giving Plan (adopted by Quantum via the SMILE facility) – aim at creating a steady stream of inflows for credible NGOs thereby enabling them to focus on their work rather than investing resources for fund raising. If you need any more information, kindly refer to this link which has all details necessary for SMILE investors:
https://www.helpyourngo.com/sgp_about_us.php
b. Action Against Hunger: Unnati is the flagship livelihood programme of the Sree Guruvayurappan Bhajan Samaj Trust in Bengaluru. It is a 50-day vocational training programme that helps economically underprivileged youth get an assured job. Students are put through 300 hours of instruction in their chosen vocation in addition to training in spoken English, computers, life skills and values. They have succeeded in placing over 12,000 youth with various employers like the Tata Group, Westside, JP Morgan, Asian Paints, and others.
c. CanSupport: CanSupport was founded by a cancer survivor to help fight the disease, trauma and pain of cancer patients and their families. They provide a wide-range of free services to help destitute cancer patients throughout their cancer journey; right from diagnosis, curative therapies, to bereavement and rehabilitative support to the families of cancer patients. They organize home visits by doctors for patients too sick to go to hospital, run outpatient clinics, day care centres, a helpline and also spread awareness of Government schemes for financial assistance.
d. Make-A-Wish Foundation of India: Make-A-Wish Foundation of India is the India chapter of the world’s largest wish-granting organization. They grant the wishes of children with life-threatening medical conditions in the age group 3-18 years to give them hope and strength as they deal with their illnesses. They generally cater to 4 categories of wishes: Wish to Have, Wish to Be, Wish to Meet and Wish to Go. They believe that having a wish fulfilled empowers the children to fight harder against the disease they are battling.
e. Parinaam Foundation: Parinaam works with urban low-income communities across 20 states in India to bring them out of poverty through financial literacy and social inclusion. Diksha Financial Literacy, their largest program helps women from low-income families to save more and access financial services. Their Urban Ultra Poor Program tackles generational poverty by providing livelihood, healthcare, childcare and social services support to families in dire need. They also provide access to high quality education in English medium schools through academic scholarships to underprivileged students.
f. Sree Guruvayurappan Bhajan Samaj Trust (SGBS Trust): Unnati, SGBS Trust’s flagship program, is a 50-day vocational and life skills training program provided at a subsidized cost to help underprivileged youth secure stable employment. Students in the age group of 18-25 years undergo 300 hours of instruction in their chosen vocation in addition to training in spoken English, computers, life skills and values. The Trust has succeeded in placing youth with various employers like the Tata Group, Westside, JP Morgan, Asian Paints, and others.
g. Vidya Poshak: Vidya Poshak supports underprivileged meritorious students of Class X and above in pursuing higher education which eventually leads to better employment opportunities. Their team of volunteers conducts home visits to scrutinize the deserving applicants. Their Nurture Merit program provides financial assistance, library facilities and soft skills training to students. They conduct other programs offering online tutoring sessions, IIT-JEE training, life and career skills training, and run a knowledge centre for proving free books for examinations, access to internet, etc.
1. This list is subject to change to cover more NGOs as the SMILE corpus grows.
2. If no NGO/s is/are selected then the contribution will be made to the HYNGO and they will further disburse it to NGO/s based on the need.
Yes. As per RBI circular (RBI/2020-21/82 DPSS.CO.OD No.901/06.24.001/2020-21) 20-digit LEI code of remitter and beneficiary (non-individuals) are mandatory w.e.f. 1.4.2021 for NEFT/RTGS transactions amounting to Rs. 50 crores and above.
All single payment transactions of ₹50 crore and above undertaken by entities (non-individuals) should include remitter and beneficiary LEI information. This is applicable to transactions undertaken through the NEFT and RTGS payment systems.
In case of RTGS, both customer payment and inter-bank transactions, meeting the above criterion, should include LEI information.
It can be obtained from any of the Local Operating Units (LOUs) accredited by the Global Legal Entity Identifier Foundation (GLEIF), the body tasked to support the implementation and use of LEI. In India, LEI can be obtained from Legal Entity Identifier India Ltd. (LEIL) (https://www.ccilindia-lei.co.in), which is also recognised as an issuer of LEI by the Reserve Bank.
Legal Entity Identifier (LEI) is a 20-digit number used to identify parties to financial transactions worldwide. The regulator has introduced LEI to improve the quality and accuracy of financial data reporting systems for better risk management. It is used to create a global reference data system that uniquely identifies every legal entity in any jurisdiction that is party to a financial transaction.
PARTICULARS | Direct Plan | SECTION 194Q |
Purpose | Tax to be collected | Tax to be deducted |
Applicability | Seller | Buyer/Purchaser |
Counter party | Resident Buyer | Resident Seller |
Trigger point | • Turnover/ Gross Receipt/ Sales from the business of SELLER should exceed Rs 10 crore during the year (FY 19-20) (excluding GST) | • Turnover/ Gross Receipt/ Sales from the business of BUYER should exceed Rs 10 crore during the year (FY 20-21) (excluding GST) |
W.E.F | 1st October, 2020 | 1st July, 2021 |
Timing of tax deduction | At the time of receipt | Payment or credit whichever is earlier |
Rates | • 0.1% (0.075% for FY 2020-21) • 1% (If PAN not available) • On amount exceeding Rs 50 Lakhs | • 0.1% • 5% (If PAN not available) • on amount exceeding Rs 50 Lakhs |
Not applicable to | • Transaction on which TDS/TCS is applicable under other provisions of the act and the same has been complied with (Meaning thereby; in a situation where TDS has been deducted u/s 194Q this section will not apply) | • Transactions on which TDS is applicable under other provisions of the act • Transactions on which TCS is applicable under 206C other than 206C(1H) |
Form | 27EQ | 26Q |
Certificate to be issued to seller/buyer | Form – 27D | Form – 16A |
Sr. No | Buyer's Turnover | Seller's Turnover | Transaction Value` | Applicability of Section |
1 | 5 cr | 11 cr | 55 lakhs | 206C (1H) - Seller will collect TCS |
2 | 15 cr | 7 cr | 58 lakhs | 194Q - Buyer will deduct TDS |
3 | 12 cr | 13 cr | 54 lakhs | 194Q - Buyer will deduct TDS |
4 | 7 cr | 5 cr | 58 lakhs | None |
5 | 12 cr | 15 cr | 45 lakhs | None |
• | A request on the company's letter head stating the necessary changes, duly signed by the authorized signatory. |
• | Certified Copy of Board resolution and ASL. |
Investors with short indicative investment horizon of less than 30 days will get impacted more because the stamp duty is being charged as a onetime charge. Please refer below table for illustration purpose. Impact gets reduced as the holding period increases.
Stamp Duty | No. of Days | Impact in % terms (Absolute/day) | Impact in % terms (Annualised) |
---|---|---|---|
0.005% | 1 | 0.0050% | 1.825000% |
2 | 0.0025% | 0.912500% | |
3 | 0.0017% | 0.608333% | |
4 | 0.0013% | 0.456250% | |
5 | 0.0010% | 0.365000% | |
6 | 0.0008% | 0.304167% | |
7 | 0.0007% | 0.260714% | |
30 | 0.0002% | 0.060833% | |
60 | 0.0001% | 0.030417% | |
90 | 0.0001% | 0.020278% | |
180 | 0.0000% | 0.010139% | |
270 | 0.0000% | 0.006758% | |
365 | 0.0000% | 0.005000% |
For units issued in demat or non-demat form – purchase, dividend reinvestment, switch – stamp duty will be deducted from the net investment amount i.e., gross investment amount less any other deduction like transaction charge. Units will be created only for the balance amount (Net investment amount – stamp duty deducted). Stamp duty will be computed @0.005% on an inclusive method using the formula - ((Investment amount – transaction charge/TDS if any) / 100.005) * 0.005.
Illustration:
Transaction Amount: Rs. 1,00,100
Transaction Charges:/TDS applicable if any: Rs.100
Stamp Duty charged : Rs. 5 ((Transaction Amount - Transaction Charges/TDS applicable if any) * 0.005%
NAV: Rs.10 per unit
Units allotted : 9,999.50
Units value : Rs. 99995.00
Yes
Stamp duty applicability will be on Purchases (including triggers from past SIP registrations), Switch-in (including triggers from past STP registrations) and Dividend reinvestment transactions. The same is applicable for both physical and demat. Transfer of Units from one demat account to another including market / off-market transfers attract stamp duty.
0.005% of the net investment value i.e., gross investment amount less any other deduction like transaction charge.
Pursuant to Notification No. S.O. 1226(E) and G.S.R. 226(E) dated March 30, 2020 issued by Department of Revenue, Ministry of Finance, Government of India, read with Part I of Chapter IV of Notification dated February 21, 2019 issued by Legislative Department, Ministry of Law and Justice, Government of India on the Finance Act, 2019, stamp duty will be levied on mutual fund transaction, with effect from July 1, 2020, as per the rates provided in the table below :-
S. No. | Description | Applicable new rate |
---|---|---|
1 | Issue of security | 0.01% |
2 | Transfer of security | 0.02% |
Q-MITRA - a facility that will allow an investor to authorize a Partner to act on his / her behalf. The transaction will be initiated by the Partner and the investor will be approached only for verification / confirmation.
ARN EMBEDDED URL - which allows valued Partners to forward and garner transactions.
QUICK NEW PURCHASE - is a quick investment process with bare limited fields that are required for initiating the transaction. A unique facility wherein the Partner can initiate an online new purchase transaction, fill the form on behalf of the investor through the Partner Login module, while the investor has to just enter the bank account and effect the payment.
PARTNER INITIATED TRANSACTION - Partners can initiate transactions on behalf of the investor, and requires the investor to “accept” at the end.
ONLINE KYC to help Partners acquire investors across the globe while operating out of their offices.
PATH TO PARTNERSHIP - An exclusive Awareness & Education initiative for Partners to provide them with a broad perspective on the Mutual Fund industry and tips to upscale their advisory growth journey.
SAVE GREEN, GO PAPERLESS - We support SEBI’s ‘Go Green initiative in Mutual Funds’ and the ‘Digital India’ project by the Government of India. Hence, we urge all our Partners to support us in this endeavor to create a paper free work environment and help speedup efficiency and automate business processes.
The first step is to register with us. Post registration Partners can avail of all the benefits the platform offers.
In our never ending endeavor to empower our Partners, we at Quantum have launched this new Partner Platform that aims to help our Partners earn Trust, Faith and Respect amongst the millions of investors.
Procedure for SIP Modification in Partner Login :
Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Know more on the Tax implications.
NAV Applicability
If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;
Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;
For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:
The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.
Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.
The unit holders are given an option to hold the units in physical mode or in dematerialized mode.
The Investor intending to hold the units in dematerialized mode will be required to have a beneficiary account with a Depository Participant and will be required to mention the DP’s Name, DP ID No. and Beneficiary Account No. with the DP in the application form at the time of subscription / additional purchase of the units of the Scheme.
It may be noted that in case of option to hold units in dematerialized mode under Systematic Investment Plan (SIP), the units will be credited to Investor’s demat account on weekly basis on every Monday subject to realization of funds in the last week. For e.g. Units will be credited to investor’s demat account on following Monday for realization status of funds received in the last week from Monday to Friday.
It may be noted that the facilities viz. Switch in and out/ Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) are currently not available in the dematerialized mode.
The scheme offers only Growth Option.
Load structure for the Quantum India ESG Equity 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:
Provisions | % of Exit Load |
---|---|
10% of units If redeemed or switched out on or before 365 days from the date of allotment | NIL |
Remaining 90% of units if redeemed or switched out on or before 365 days from the date of allotment | 1 |
If redeemed or switched our on or after 365 days from the date of allotment | NIL |
The investor is requested to check the prevailing load structure of the scheme before investing. Any imposition or enhancement in the load shall be applicable on prospective investments only.
Redemptions / Switch outs of units will be done on First In First Out (FIFO) basis. The above mentioned load structure shall be equally applicable to the special products such as Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) and Switches etc. However, no load shall be charged for switching between options within the Scheme.
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:1. | Through our Login portal |
2. | By submitting physical transaction requests offline |
3. | Through your mobile phone/computer using Mobile App, SMS, WhatsApp, Email, Fax |
4. | Through the stock exchange platform |
5. | Through your financial advisor |
Please refer below table for the minimum amount required to invest or redeem in the Quantum India ESG Equity Fund.
Minimum Amount | Amount in Rs. |
---|---|
Initial Investment | Rs. 500/- and multiples of Re. 1/- thereafter |
Additional Investment | Rs. 500/- and multiples of Re. 1/- thereafter / 50 units |
Redemption/ Switch Out | Rs. 500/- and multiples of Re. 1 thereafter OR account balance whichever is less / 50 units (during ongoing period) |
Mr. Chirag Mehta is managing the scheme.
Chirag Mehta has more than 19 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.
Ms. Sneha Joshi is the Associate Fund Manager.
The Benchmark Index for the Scheme is Nifty 100 ESG Total Return Index. It appropriately represents closely resemble the investment objective of the fund. The composition of the aforesaid benchmark is such that it is most suited for comparing performance of the scheme.
However, the Scheme’s performance may not be strictly comparable with the performance of the Benchmark, due to the inherent differences in the construction of the portfolios.
The investment policies of the Scheme shall be as per SEBI (Mutual Funds) Regulations, 1996, and within the following guideline. The asset allocation under the Scheme, under normal circumstances, will be as follows:
Instruments | Indicative Allocation (% of Net Assets) | Risk Profile | |
---|---|---|---|
Minimum | Maximum | High/ Medium/ Low | |
Equity & Equity Related Instruments following ESG Criteria | 80 | 100 | High |
Money Market Instruments | 0 | 20 | Low |
The proportion of the scheme portfolio invested in each sector will vary to track sector weights that of a broad well-diversified indices to ensure portfolio diversification. The proportion of the scheme portfolio invested in each type of security within the sector will vary depending upon a comprehensive analysis of the company based on the Environmental, Social and Governance factors impacting the company and their peer group within its sector of operations.
The above asset allocation is only indicative and may change from time to time, keeping in view the market conditions and applicable rules and regulations.
View the current portfolio,select the scheme name along with the year and month that you wish to view.
The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.
Switch options: 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
The Investment Objective of the scheme is to achieve long-term capital appreciation by investing in share of companies that meeting Quantum’s Environment, Social and Governance (ESG) “Swacch” criteria.
An Open ended equity scheme investing in companies following Environment, Social and Governance (ESG) “Swachh” theme. It invests in shares of companies that meet Quantum's Environment, Social, Governance (ESG) “Swachh” criteria.
The Turn Around Time (TAT) for the Non-Commercial transaction is 10 business days.
NAV (Net Asset Value) Applicability for Purchase:
For Liquid funds: Where the application is received up to 2.00 p.m. on a day and funds are available for utilization before the cut-off time, the applicable NAV shall be closing NAV of the day immediately preceding the day of receipt of application.
For Non-Liquid Funds - Where the application is received up to 3.00 p.m. on a day and funds are available for utilization before the cut-off time, the applicable NAV shall be closing NAV of the day immediately preceding the day of receipt of application.
NAV (Net Asset Value) Applicability for Redemption:
Where the application is received before the cut-off time (3.00 pm), the applicable NAV shall be closing NAV of the same business day
NAV (Net Asset Value) Applicability for Switch:
Please refer our link https://invest.quantumamc.com/onlinenew/Switch%20Matrix.pdf on Switch Matrix for detailed information on NAV Applicable for switch transactions
Additional Purchase (in both Demat & Non-Demat Folios)
Redemption (All Non-Demat folios & only in CDSL based Demat Folios)
Switch (only in Non-Demat Folios)
If your already have an OTM/NACH registered in the respective folio, then you may either select OTM/NACH for making the payment or you may opt for NEFT / RTGS payment mode whereby you will be required to first transfer the payment to anyone of our Collection Bank Accounts (NEFT/RTGS Bank Detail); after transferring the investment amount, you may then initiate an additional purchase transaction on IVRS as per steps mentioned above and during this session, you will be prompted to enter the last 4 numeric digits of the NEFT/RTGS Bank Reference Number to complete the transaction request and further identification and tracking of funds.
If you do not have an OTM/NACH registered in the folio, we suggest you to register using Online / Offline Procedure. Please visit our FAQ section ‘One Time Mandate NACH’ at https://quantumamc.com/FAQ.aspxfor more information on the same. However, you may still use NEFT / RTGS payment mode as mentioned above.
For transacting through IVRS, you need to call on our Toll Free Numbers: 1800 22 3863 / 1800 209 3863 and visit below menu after the Welcome message:
a. Commercial Transactions - Select option 2 from Investor Menu for doing Commercial Transaction in your folio then select the below options and follow the instructions as per the transaction type.
Additional Purchase – Press 1
Redemption – Press 2
Switch – Press 3
b. Non-Commercial Transactions – Select the below options and follow the instructions as per the transaction type.
Current valuation details – Press 1
Last three transaction details – Press 3
Request for Account Statement – Press 4
To unlock the user id/transaction PIN/reset password – Press 5
To update the mobile number – Press 6
To update the FATCA details – Press 7
After you place any of the above commercial transaction request on IVRS, an acknowledgement email and SMS with the transaction details will be triggered at your registered Email Id and Mobile Number.
P.S:- For Additional Purchase and Switch, KYC and FATCA of all the holders need to be readily updated in the folio, else the transaction will be discontinued.
For folios in demat mode for non ETF schemes, additional purchase transactions will be allowed. For redemption, it will allow only for CDSL based demat folio i.e. in folio which has demat details of CDSL as Depository only. Switch cannot be allowed.
Non individual Investors such as a company, HUF, trust etc. are not allowed to transact through IVRS
Existing Individual Investors (irrespective of mode of holding). All holders to be KYC compliant. The investor’s Email Id and Mobile Number needs to be registered in the said folio. A new investor or non-individual investors cannot avail for this facility
A written application for the change / registration of the joint holder’s email id is required, duly signed as per the mode of holding.
Only one common folio will be generated after the successful processing of multiple scheme transaction.
Note: The mode of payment viz, UPI and IMPS will be disabled if the total amount of purchase exceeds Rs. 100,000/-
You will get the email and SMS transaction confirmation after the successful processing of the transaction.
Yes. An email and SMS will be triggered to your email id and mobile number provided in the online application form.
Our server time at the instance of confirmation of the transaction will be considered as the final time to determine transaction time, cut-off time and consequentapplicable NAV.Also the NAV applicability will be basis scheme features and latest SEBI guidelines.
Yes. You can select different transaction type for each scheme as per your desire. However only one common transaction reference number will be generated for all the transactions submittedand shared with investor.
Note: One Inhouse reference number (IH number) will be generated for each scheme transaction for processing.
Currently the investors can do only new purchase transactions viz,
a. Only lumpsumMultiple scheme selection is a facility which enables the investor to select two or more (maximum 10) schemes at a time while investing in Mutual Fund. The investor has to initiate the payment only once for all his multiple purchases. This facility saves a lot of time and is very convenient for the investors.
Procedure for SIP Modification in Partner Login :
• | Change or Updation of Email id |
• | Change or Updation of Mobile/Contact no (Verification call* ) |
• | Updation of IFSC / MICR No / Bank Address |
• | Change of mode of Payment: Direct payment (NEFT/RTGS)/Cheque |
• | Updation of KYC after receiving KYC acknowledgement |
• | Change in broker code / EUIN |
• | Updation of PAN no (Verification call* ) |
• | Change / Updation for Date of Birth |
• | Updation of DOB proof / relationship proof for minor investors |
• | Correction in name. If the same is matching with the PAN /KYC for KYC verified investors and PAN card copy to be received through email as an attachment |
The IDCW Transfer Plan is a plan through which the investors can transfer their IDCW amount as and when declared by the fund to any other scheme (excluding ETF schemes) at the applicable NAV.
IDCW Transfer Plan is available only in the Monthly IDCW option and is possible only from Quantum Liquid Fud - Monthly IDCW Payout Option and Quantum Dynamic Bond Fund – Monthly IDCW Payout Option to any other scheme.
How can I apply for IDCW Transfer Plan?
Currently the DTP request can be submitted only through offline mode. You need to fill Common Application Form to apply for DTP facility and submit it to our nearest point of acceptance. You may visit ‘Contact Us’ section to view the nearest branch location.
What is the minimum IDCW amount that can be transferred to the target scheme?
There is no minimum amount requirement for the IDCW amount that can be transferred. The entire IDCW amount declared in the source scheme will be transferred to the target scheme irrespective of amount.
What is the Turn Around Time (TAT) for a DTP registration?
The Turn Around Time (TAT) for registration of DTP is 10 business days.
What is the procedure to cancel DTP?
A written application needs to be submitted to the nearest point of acceptance for cancellation of your DTP. You may visit ‘Contact Us’ section to view the nearest branch location.
Note: IDCW stands for "Income Distribution cum Capital Withdrawal"
A transaction which requires minimal investment details and can be completed in a short span of time is known as a Quick Purchase Transaction.
The below is the procedure to initiate a quick new purchase on behalf of the investor.
Note:
1) The below details are prefilled by default which cannot be amended while doing an online quick new purchase.Investors can later submit online/offline/email request for any changes in the above details.
The Investor Advised option allows an investor to:
1. Contribute to any NGO listed with HYNGO on their website - www.HelpYourNGO.com, not just the NGOs mentioned in the list mentioned above.
2. Redeem his/her units and contribute any amount, not necessarily 5% or 10% of his/her holdings. However, the minimum contribution should be Rs. 500/-.
3. Get periodic Reports from HYNGO (on their website) on the utilisation of the donations.
4. Currently investors can opt for Investor Advised option through the offline mode only by submitting the SMILE facility form.*
5. This option can be availed by all Resident Indians and NRIs – whether or not they are citizens of India.
*For investors, as an exception for the lockdown period they can scan the SMILE Facility form and send it through an e-mail. This could change once the pandemic induced lockdown is reversed and branches open for business.
Please Click Here for the list of IMPS enabled banks for instant redemption facility.
No. Instant redemption facility is not available for the demat investors.
The AMC will first process the instant redemption request and later action on any other request.
The AMC reserves right to reject any redemption / switch out / systematic withdrawal or transfer request received through any other mode for any Calendar Day if an Instant Redemption request has been received subsequently and such instant redemption is pending for processing.
The redemption proceeds will be credited into the bank account selected while placing the instant redemption.
Note: The selected bank account should be IMPS enabled.
No. Currently there are no additional charges for instant redemption facility.
No. Currently you can apply for the instant redemption only via web transactions.
The instant redemption amount will be credited to investor’s account (incase all pre-requisites are fulfilled). Also we endeavor to credit the amount into investor’s account within 30 minutes from the transaction time. Incase of any failure of instant redemption payment (due to any bank issue etc), the amount will be credited to investor’s account as per existing SEBI guidelines.
Following is the procedure for Instant redemption.
1. | Visit www.QuantumAMC.com and click on 'Login' |
2. | Login with your User id/PAN and Password/OTP |
3. | Click on ‘Insta Redemption’ under the Transact tab |
4. | Select the transaction type as 'Instant Redemption' and enter your transaction PIN |
5. | Select the scheme & Enter the amount (which should not be more than the amount specified in the ‘Eligible Amount’ column) |
6. | Select the bank (in which redemption is required) |
7. | Click on Submit |
The Instant Redemption transaction will be processed by applying lower of Previous Day NAV or Prospective NAV.
The minimum amount for the instant redemption per day per PAN, is Rs. 500/- and multiple of Rs.1/ - thereafter.
With effect from 01st March, 2019 the maximum redemption amount shall be Rs. 50,000 or 50% of latest value of investment (as per last available NAV on records) in the scheme, whichever is lower. This limit shall be applicable per calendar day, per scheme, per investor.
1. The instant redemption facility is available for the growth option of Quantum Liquid Fund only
2. Only Resident Individuals and Resident Minor investors except Non Resident Individual can avail this facility.
3. Investor’s IFSC code and the core banking account number should be registered in the folio
4. Investor’s bank account should be IMPS (Immediate Payment Service) enabled
5. The instant redemption can be done only in terms of ‘amount’ only and not in ‘units’
Under the Instant Redemption (Access) Facility (“Instant Redemption”), the Fund shall endeavor to send the redemption proceeds to the selected registered bank account of the investor, instantly from the receipt of Instant Redemption Request using Immediate Payment Services (IMPS) provided by various banks in accordance with SEBI Circular No. SEBI / HO/ IMD/ DF2/ CIR/P/2017/ 39 dated May 8, 2017. Instant redemption is a type of redemption wherein the investor can get the redemption proceeds instantly i.e. he will get his redemption amount into his account within 30 minutes from the time of the redemption.
Please refer the below GST details of Quantum Asset Management Company Private Limited.
GST Details | |
Name of Vendor (As per legal Document) | QUANTUM MUTUAL FUND |
GST Registration Status | MIGRATED |
Address of Head / Corporate Office. | 6th Floor, Hoechst House , Nariman Point |
Town/City | Mumbai |
State | Maharashtra |
Pin Code | 400021 |
Country | India |
Constitution of Business | Society/ Club/ Trust/ AOP |
Telephone No./Mobile No. | 022-61447800 |
Email Id - (Invoice to be sent to) | |
PAN No | AAATQ0088J |
GSTIN/Unique ID | 27AAATQ0088J1ZC |
Principle Place Of Business (State) | Maharashtra |
Description for Invoice | Distribution Commission for sale of Mutual Fund products |
Website |
No. In such a case the investor has to approach his Depositary Participant.
The below Trail Commission Structure with effect from September 01, 2020 (Note - This is the Flat Trail Commission):
Fund Name | Partner Commission (Inclusive of applicable Statutory Levies and Taxes - GST @ 18%) | Upfront Commission |
Quantum India ESG Equity Fund | 0.75%* | 0 |
Quantum Long Term Equity Value Fund | 0.50% | 0 |
Quantum Tax Saving Fund | 0.50% | 0 |
Quantum Equity Fund Of Funds | 0.24% | 0 |
Quantum Multi Asset Fund Of Funds | 0.37%* | 0 |
Quantum Liquid Fund | 0.10% | 0 |
Quantum Dynamic Bond Fund | 0.12% | 0 |
Quantum Gold Savings Fund | 0.15%* | 0 |
Quantum Nifty 50 ETF Fund of Fund | 0.12% | 0 |
*Quantum India ESG Equity Fund, Quantum Multi Asset Fund of Funds & Quantum Gold Savings Fund commission has been revised from September 1, 2020
We wish to inform you that the above Trail Commission Structure shared is not quarter specific. Hence, please note that the same is applicable for all quarters. In case there is a change in our commission structure, we will notify you accordingly.
Scheme Name | Direct Plan | Regular Plan |
Quantum Long Term Equity Value Fund | 1.29% | 1.79% |
Quantum Tax Savings Fund | 1.29% | 1.79% |
Quantum Liquid Fund | 0.16% | 0.26% |
Quantum Dynamic Bond Fund | 0.61% | 0.73% |
Quantum Equity Fund of Funds | 0.51% | 0.75% |
Quantum Gold Savings Fund | 0.06% | 0.21% |
Quantum Multi Asset Fund of Funds | 0.10% | 0.47% |
Quantum India ESG Equity Fund | 0.94% | 1.69% |
The chart below will explain what you need to do as an investor. In a nutshell, if you are a Direct investor with us, you need to simply sit back and relax as there’s nothing you need to do! ☺ - however if you have an ARN number along with your investment then the chart below will help you know the next steps
Investor subscribing under Direct Plan of a scheme will have to indicate ‘Direct Plan’ against the scheme name in the application form e.g. “Quantum Long Term Equity Value Fund – Direct Plan” and under ‘regular Plan’ “Quantum Long Term Equity Value Fund – Regular Plan”.
In case of valid application received without indicating any choice of plan then the application will be processed for plan as under:
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 |
In case of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall be processed under the Regular Plan. The AMC shall contact and obtain the correct ARN within 30 calendar days of the receipt of the application form from the investor/ distributor. In case, the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under Direct Plan from the date of application.
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.
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.
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.
Investors subscribing under Direct Plan of a Scheme will have to indicate “Direct Plan” against the Scheme name in the application form e.g. “Quantum Long Term Equity Value Fund – Direct Plan” and under Regular Plan “Quantum Long Term Equity Value Fund – Regular Plan”.
Investor should indicate the Direct / Regular Plan for which the subscription is made by indicating the choice in the application form as explained above. In case of valid application received without indicating any choice of plan then the application will be processed for plan as under:
Scenario | ARN 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 |
In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall be processed under Regular Plan. The AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ partner. In case, the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under Direct Plan from the date of application.
The procedure to initiate a transaction by Partner/RIA on behalf of the investor is:
Visit www.QuantumAMC.com > Partner Corner
• Select Partner Login option
• Login with your ARN / RIA code / Mobile number & OTP
• Click on "Initiate Transaction" tab
• Select the Folio number or enter the Folio number under which transaction needs to be initiated
• Enter all the required details and click on ‘Submit’ option. The link to confirm the transaction will be sent to the investor’s registered email id with a copy to the Partner’s/RIA’s Email ID through whom the transaction has been initiated.
• The investor has to click on the link and have to confirm the transaction and make the payment
• Investor will receive an email acknowledgement as a confirmation for completing the transaction.
Below structure is effective from September 01, 2020. *New commission structure for Quantum India ESG Equity Fund, Quantum Multi Asset Fund of Funds & Quantum Gold Savings Fund w.e.f September 01, 2020
Fund Name | Partner Commission (Inclusive of applicable Statutory Levies and Taxes - GST @ 18%) |
---|---|
Quantum India ESG Equity Fund | 0.75%* |
Quantum Long Term Equity Value Fund | 0.50% |
Quantum Tax Saving Fund | 0.50% |
Quantum Equity Fund Of Funds | 0.24% |
Quantum Multi Asset Fund of Funds | 0.37%* |
Quantum Dynamic Bond Fund | 0.12% |
Quantum Gold Savings Fund | 0.15%* |
Quantum Liquid Fund | 0.10% |
Below structure is effective from March 01, 2019. *New commission structure for Quantum Liquid Fund w.e.f February 1, 2020
Fund Name | Partner Commission (Inclusive of applicable Statutory Levies and Taxes - GST @ 18%) |
---|---|
Quantum India ESG Equity Fund | 0.50% |
Quantum Long Term Equity Value Fund | 0.50% |
Quantum Tax Saving Fund | 0.50% |
Quantum Equity Fund Of Funds | 0.24% |
Quantum Multi Asset Fund of Funds | 0.24% |
Quantum Dynamic Bond Fund | 0.12% |
Quantum Gold Savings Fund | 0.12% |
Quantum Liquid Fund | 0.10%* |
Structure for Quantum Funds, from Dec 01, 2018 till Feb 28, 2019.
Fund Name | Partner Commission (Inclusive of applicable Statutory Levies and Taxes - GST @ 18%) |
---|---|
Quantum Long Term Equity Value Fund | 0.17% |
Quantum Tax Saving Fund | 0.17% |
Quantum Equity Fund Of Funds | 0.12% |
Quantum Liquid Fund | 0.06% |
Quantum Dynamic Bond Fund | 0.12% |
Quantum Multi Asset Fund of Funds | 0.12% |
Quantum Gold Savings Fund | 0.12% |
Yes, Investors can switch from Direct Plans to Regular Plans without attracting any Exit Load. However, any tax implications, if applicable as a result of the switch will have to be borne by the investor. In case of eventual redemption, the applicable date for calculation of exit load will remain the date of initial purchase, not the date of switch.
To know about the switch process please refer - Quantum Mutual Fund Schemes > What is switch? Explain procedure of switch.
1. Dedicated Relationship Manager.
2. E-Kyc for your investors.
3. Investor Awareness Programs for your investors.
4. Regular market & investment updates.
Online:
After submitting the Online Partner Registration application, it will take 3 business days for the verification process. Click Here to be a Quantum Partner.
Offline:
Approximately it will take 10 working days for Partner registration with Quantum Mutual Fund.
The Partner/RIA can associate with us either through offline or online mode.
Online:
1. Click on the tab "Partner Corner” > Get Empanelled.
2. Partner to enter either broker code / RIA code (for e.g. If the ARN code is 12345, the partner needs to enter “12345”) and accept the terms and conditions.
3. If Partner has not done the registration with Quantum MF – System will take to the next screen of OTP Verification.
On the OTP Verification Screen – There are 3 scenarios based on the availability of contact details –
Scenario 1 -
Partner/RIA is already registered with any Kfintech Serviced Fund House. Also the e-mail ID and mobile number are available in Kfintech records
• System will populate the contact details (masked). Also the partner will get an option to add alternate email ID and mobile number. And the OTP will be sent to the registered details as well as on the alternate contact details.
• Post successful OTP validation using the already available contact details, the System will allow the Partner/RIA to go to the ‘Partner Details’ screen, pre-populate all the available details and submit the request.
Scenario 2 -
Partner / RIA is already registered with any Kfintech Serviced Fund House. However, the e-mail ID and / or mobile number is not available or old contact details registered in Kfintech records are not updated:
• The System will allow the Partner to enter his / her contact details (e-mail ID & mobile number) an OTP will be sent to the registered details.
• Post successful OTP validation, the system will allow the Partner to go to the 'Partner Details' screen.
• On this screen, name, e-mail ID and mobile number would be pre-populated and other details will have to be entered by the Partner/RIA to submit the request.
Scenario 3 -
Partner / RIA is not registered with any Kfintech Serviced Fund House.
• The System will allow the Partner to enter his / her contact details (e-mail ID & mobile number) and OTP will be sent to the registered details.
• Post successful OTP validation, the system will allow him / her to go to the 'Partner Details' screen.
• On this screen, name, e-mail ID and mobile number would be pre-populated and other details will have to be entered by the Partner to submit the request.
4. Validate your contact details through OTP Verification Screen
5. Submit the Partner Details asked for on the screen.
Offline:
Partner Registration Form along with the supporting documents as prescribed in the form.
Any of the following entities can become a Partner of the products of mutual funds by obtaining an ARN code from the Association of Mutual Funds in India (AMFI) and can register themselves as Partner with us: Individuals, sole proprietorships, partnership firms, companies, societies, co-operatives and trusts.
Even an SEBI Registered Investment Advisor (RIA) can become a Partner with Quantum Mutual Fund.
The percentage of contribution will be registered at folio level. However, the donation amount / contribution that you choose will be deducted at scheme level (basis the scheme opted by you).
You can do a registration for the SMILE Facility either Offline or Online.
Offline*: You have to fill the SMILE Facility Form indicating the Registration option.
Online: Login with your user id/PAN and password/OTP on the Invest Online Portal > Click on SMILE under Manage Account Tab > Complete the procedure.
*For non-individual investors, as an exception for the lockdown period they can scan the SMILE Facility form and send it through an e-mail. This could change once the pandemic induced lockdown is reversed and branches open for business.
Yes. The investor will receive an email as well as an SMS confirmation post any registration/ modification/cancellation.
You may submit an offline* form for modification / cancellation of the registered SMILE. You can also do this through your invest online login under the section Manage Account > SMILE.
*For non-individual investors, as an exception for the lockdown period they can scan the SMILE Facility form and send it through an e-mail. This could change once the pandemic induced lockdown is reversed and branches open for business.
An investor can change the list of NGO and percentage of contribution at any point of time. However, the amount will be distributed according to the latest details registered as on September 30.
The Management Fees excluding scheme expenses on SMILE units received by the AMC from Fund will be paid to HYNGO for operating and managing SMILE facility on behalf of the AMC.
As an investor and donor, you will receive 80G Tax Receipt(s)/or donation receipt from HYNGO for the donation amount, so that you can claim tax benefit. You will also receive confirmatory mails from HYNGO about receipt and transfer of the contributed amount to the NGO(s) chosen by you.
The amount contributed by investors will be transferred to HYNGO’s account within 10 business days. The amount contributed will be in round integers or Rs. and not in paise decimals, with decimals upto 0.49 getting rounded off to the lower end and decimals from 0.50 rounding off to the higher end.
If the investor has chosen the option of donating 10% of the corpus to select NGOs every 30th September, in such a scenario 5% of the donation is retained by HYNO Foundation as admin & due diligence cost.
If the investor has opted to donate at the time of redemption, then in such a scenario:
(a) if the donation < INR 1000/- then it is treated as a general donation to HYNGO Foundation &
(b) if the donation > = INR 1000/- then it is treated as a corpus donation to HYNGO Foundation
If the Investor Advised option is selected, then the investor has the liberty to choose:
1. NGO grantee/s
2. Payout date/s
3. % contribution
5% of the donation is retained by HYNGO Foundation as admin and due diligence cost.
HYNGO will retain 5% of the contribution amount from investor as fees for administration and due diligence cost.
Yes. As the Contribution will be done by way of redemption of units, the same will be subject to exit load. The long term / short term capital gain tax as may be applicable depend on the nature of scheme and holding period of units.
Donation can be made:
• At the time of redemption
• Annually every year, on 30th September &
• Investor Advised Contribution
I – Annual Contribution Option:
1. 10% of the contribution from the holding of the investor under the folio tagged for SMILE at the end of each year ended September 30 shall be made by way of automatic redemption of units. Please refer the detailed example below;
(a) Holding as on September 30, 2020 is Rs. 5,000 and the investor has selected an option of 10% of the Value.
(b) 10% of Rs 5,000 + load (if any) = Rs. 500 (will be deducted as partial redemption done automatically)
2. Investor to select from a list of 7 NGOs at the time of initial request.
3. Minimum 1 and Maximum 2 NGO can be selected.
4. If no NGO is/are selected then the contribution will be made to the HYNGO Foundation as General Donation.
5. Investors to prescribe a percentage (%) of contribution to be distributed to each NGO in the form.
6. Investors can change their NGOs and % of contribution any time. However, the amount will be distributed according to the latest request registered as on September 30.
7. HYNGO Foundation will transfer 95% of the contribution to respective NGOs and will retain 5% with it as General Donation to HYNGO Foundation.
II - Investor Advised Contribution Option:
Investor can contribute minimum amount of Rs. 500/- by way of redemption anytime from folio tagged with SMILE to NGOs. The details of NGOs available for contribution are uploaded on the HYNGO India Private Limited website www.helpyourngo.com
HYNGO Foundation will transfer 95% of the contribution received under 2(I)(4) and Investor Advised Option to respective NGOs and will retain 5% with it as General Donation to HYNGO Foundation.
III - Contribution At the time of Redemption Option:
Investor can contribute minimum amount of 1% of redemption amount subject to maximum of Rs.1000/- or such other amount at the discretion of the investor from the total redemption amount to HYNGO Foundation as donation. If the contribution amount is less than Rs. 1000/- then that will form part of General Donation to HYNGO Foundation and if contribution amount is more than or equal to Rs.1000/- then it will form part of Corpus Donation to HYNGO Foundation. In case of Corpus Donation to HYNGO Foundation, HYNGO Foundation will retain 5% as fees and disburse 95% every year to support credible NGOs over a period of times.
The Contribution 10% or Investor Advised or at the time of redemption will be done by way of redemption of units subject to exit load. The long term / short term capital gain tax as may be applicable depend on the nature of scheme and holding period of units.
In case of Partial Redemption the units towards contribution to SMILE will be addition to the redemption units and in case of full redemption units towards contribution to SMILE will be net off from the total units.
An investor can opt for minimum 1 and maximum 2 NGOs for this facility.
Eligible Schemes for the SMILE Facility are:
Schemes Not Eligible for SMILE Facility are:
Investor Category | Existing / New Investor | Mode of Availing Facility |
---|---|---|
Resident Individual | New as well as Existing | Offline* & Online |
HUF | New as well as Existing | Offline* Only |
Companies / LLP | New as well as Existing | Offline* Only |
Societies | New as well as Existing | Offline* Only |
Partnership Firm | New as well as Existing | Offline* Only |
Trusts | New as well as Existing | Offline* Only |
NRI with terms and conditions as prescribed in the SMILE form. | New as well as Existing | Offline* & Online |
The SMILE facility enables an Investor, on the basis of his consent, to contribute some percentage of his/her Investment with Quantum Mutual Fund towards a charitable cause to any NGOs (maximum two) registered with the "HelpYourNGO" Foundation (HYNGO).
In cases where the Investor in not contactable and the verification/confirmation call was completed over a call/email through Q-Mitra/s, a separate communication will be triggered via SMS/Email to the Investor as well as Q-Mitra/s.
Yes. An email will be triggered to the primary holder as well as the appointed Q-Mitra/s post successful registration and also in case of addition /modification/deletion in Q-Mitra Details
The following are the roles of a Q-Mitra.
The request will be processed within 10 working days from the day the request was received.
Note : The request is liable to be rejected incase any discrepancies are found while processing the request.
Yes. You can modify as well and delete the details of your Q-Mitra.
Modification of the Q-Mitra details:
Online | Offline |
| Investor has to duly filled and signed Q-Mitra Form.
|
Note: Only Email Id and mobile number can be modified through the ‘Modify’ option.
Deletion of Q-Mitra details:
Online | Offline |
| Investor has to fill the Q-Mitra Form. |
Q-Mitra can be registered online as well as through the offline mode.
Online | Offline |
| Investor has to fill and sign Q-Mitra Form. Click Here to download the form now |
Only a KYC Compliant resident individual is eligible to be a Q-Mitra.
Following mandatory details required from the person designated as a Q-Mitra :
Q-Mitra is a facility that will allow the primary holder in the folio to authorize a self-appointed person(s) to act on his/her behalf. The transaction will be initiated only by the Investor and the other designated person will be approached only for verification / confirmation. The verification / confirmation call to Q-Mitra will be for any of the Investor details also.
To check the performance of the Quantum Dynamic Bond Fund you will have to go through the current factsheets.
Click here for detailed Scheme Factsheet.
The current expense ratio of the Direct Plan of the Quantum Dynamic Bond Fund is 0.67% p.a. with effect from December 21, 2020 (Post GST). The expense ratio for the Regular Plan is 0.79% p.a. with effect from December 21, 2020 (Post GST).
The processing of transactions will be done as per applicable NAV in accordance with SEBI Mutual Fund Regulations i.e to consider cut off timing and availability of funds for utilization for determining the applicable NAV the provisions of the respective Scheme Information Documents of the Scheme will be considered.
In case of transaction submission through OTP option:
The transaction is deemed to be completed and processed subject to backend based additional validations.
Incase of transaction submission without OTP :
For the purpose of determining the applicable NAV in accordance with SEBI Mutual Fund Regulations, the system recorded date and time at the end of the verification / confirmation call will be considered. The transaction shall then be processed afterwards subject to further validity of request.
Note : There may be delay in delivery / difference in the date and time of the website request received at the server of the AMC and the date and time of the server through which you have sent the message and also the AMC server may not receive / reject the message sent by the you.
Physical Fax –
Email Fax -
You can generate a new TPIN. Please refer the flow chart to generate a new TPIN.
Note: The old TPIN will be deactivated once you generate a new TPIN.
Except for "Change Mobile Number", you will be able to avail all other Service Request facilities in IVR. Mobile Number cannot be changed using TPIN on IVR for Demat folios because the contact details are captured in the folio on the basis of the BENPOS (Beneficiary Position) Report received from the respective Depository Participant (DP).
Investor will receive a call for intimation on the registered contact numbers; subsequently, an email will be triggered to the investor’s registered Email Id giving a status update on the Service Request Id.
Note: For the request of Email Statement of Account (SOA), Service Request Id will be closed once Email copy of SOA is sent to the investor on his/her registered Email Id.
Below are the folio-based Services Requests which can be requested using TPIN on IVR:
After appropriate selection of above-mentioned service request on IVR, a Service Request Id will be generated and sent on the registered 10 digit Mobile Number of the respective Folio Number.
Please follow the below process for TPIN generation:
Note: TPIN is triggered and sent only to the 10-digit Mobile Number registered with us in our records under respective folio number and it should not be prefixed with 0, 91, +91, 091, or +091 to enable them to receive TPIN through SMS. Currently, TPIN will not be triggered to the Overseas Mobile Number registered in the folio.
TPIN is a unique 5-digit folio-based Telephonic Personal Identification Number (TPIN) that allows investors to authenticate themselves on the IVR to access folio-related basic information along with placing Service Requests on IVR.
Please Click Here to refer the complete flowchart of IVR, for ready reference. However, please note that an investor will be able to invest only in Direct Plans through the IVR. Regular Plan transactions will be introduced soon.
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 transactional statements is Primary holder’s / Guardian PAN in capital letter
Note: For G-mail users here are the below steps to open the PDF statement:
Thereafter, a CAS for each calendar month shall be sent by mail/email on or before 10th 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.
For Physical Fax –
Post receipt of the Fax, the request will be time stamped under the time stamping machine and the applicable NAV will be allotted on basis of timestamp and fund utilization in accordance with SEBI (Mutual Funds) Regulations i.e. to consider cut off timing and availability of funds for utilization for determining the applicable NAV the provisions of the respective Scheme Information Documents of the Scheme will be considered.
For Email Fax -
The processing of transactions will be done as per applicable NAV in accordance with SEBI Mutual Fund Regulations i.e. to consider cut off timing and availability of funds for utilization for determining the applicable NAV the provisions of the respective Scheme Information Documents of the Scheme will be considered.
For the purpose of determining the applicable NAV in accordance with SEBI Mutual Fund Regulations, the system recorded date and time of the fax received by the system / Server of the AMC / Registrar. The transaction shall then be processed afterwards subject to further additional backend validity of request.
Note : Incase there is any missing details found in the fax sent, then the same will be rejected.
You need to register your bank through the One Time Mandate form for transfer of funds to the AMC’s account against your purchase transaction. Please Click Here to know more on One Time Mandate Facility.
You can also transfer funds to AMC’s bank account before sending SMS for the Financial Transaction Request through NEFT / RTGS facility.
Please Click Here and refer the question “Which are the Quantum collection bank account details to initiate an NEFT/RTGS transfer?” for our collection bank account details.
Physical Fax –
• The investor needs to send a fax on our toll free number – 1800-22-3864
• This hard copy of fax received will be time stamped under the time stamping machine and the applicable NAV will be allotted on basis of timestamp and fund utilization in accordance with SEBI (Mutual Funds) Regulations.
• The investor needs to subsequently send the original copy of the faxed document to our office.
Email Fax -
• The investor needs to send a fax on our toll free number – 1800-22-3864
• This Fax will be converted into image attachment by the software and will be transmitted to the Email Id - [email protected].com as an attachment.
Note –
• After the necessary confirmation / verification for the fax transaction the AMC will send an acknowledgement email to the investor for acceptance or non-acceptance of the transaction. Such acknowledgement email from the AMC shall be considered as valid acceptance or non-acceptance of the transaction request and processed subsequently subject to additional bank-end validity of request.
This facility will be available to existing registered individual investors and joint holders where the mode of holding is ‘Individual ‘or ‘Anyone or Either or Survivor’ or ‘Joint’ and who are KYC compliant. Even non-individual investors who are KYC compliant are eligible for transactions through Fax / E-Mail fax.
Note: For Individual Investors the Email Id of the investor needs to be registered under his folio. For the Non-Individual Investors their Email ID has to be registered under their folio to avail the ‘Email with Attachment’ facility however it is not mandatory for fax transactions.
A new investor who wish to avail this facility shall be first required to subscribe for units through other modes of transaction i.e. offline or through the ‘Invest Online’ option provided on our website. Post which they can avail for transactions through this facility.
Please check our FAQs on SIP Online to know the procedure to register an online SIP.
Yes. For investors who are not KYC compliant as per the latest KYC norms and are investing with the use of Aadhaar, the amount invested by the investor should not exceed Rs.50,000/- per financial year per Mutual Fund and payment for the same is made through electronic transfer from the client's bank account registered with the Mutual Fund.
Post completion of IPV, the investor will not have any limit for his/her purchase transactions.
Note: E-IPV process will be carried out by our Customer Relations team after scheduling an appointment with you to enable you to invest above Rs. 50,000/-.
Pre Requisites
Note : The Aadhaar card number mentioned by investor will be validated as per the details registered with Unique Identification Authority of India (UIDAI).
No, there are no charges for Online KYC through Quantum website.
This is a completely new paperless initiative introduced for the first time in the Industry by Quantum Mutual Fund for our prospective investors.
• | Completely paperless: The service is fully electronic, and document management has been eliminated. |
• | Inclusive: The fully paperless, electronic, low-cost aspects of Online KYC make it more inclusive, enabling financial inclusion. |
• | Low cost: Elimination of paper verification, movement, and storage reduces the cost of Online KYC Process. |
• | Faster: The service is based on electronic filling of data and E-IPV. Hence, it reduces a lot of the time and efforts taken in the physical process. Further the Self IPV option has been eliminated the process of manual eIPV wherein investor has to complete the IPV process through his web-ex session with our customer care team. |
1. | A valid Email id (for “GotoWebinar” request to be sent to Applicant) , if not opting for self IPV. |
2. | It is suggested to use a good quality of Camera (phone/laptop/webcam) to best avail the Online KYC/E-IPV facility. (We suggest you to use the most standard HD quality video conferencing webcams.) |
3. | It is also suggested to have good Camera smartphone along with 3G Data plan or minimum of 512 Kbps Internet bandwidth while doing E-IPV process for KYC. |
Online KYC through Manual IPV | Online KYC Through Self IPV |
1.Visit our website (https://ekyc.quantumamc.com). Fill the standard KYC application form online and upload the scanned copy of required documents through the upload option provided in the Online KYC form. 2. Our Customer Care team will then schedule an E-IPV i.e - face to face meeting with Applicant through WebEx via Desktop/Laptop. 4. All the documents will be verified through the web IPV. Investor has to sign on the declaration (which was triggered to investor’s Email ID) or has to write and sign on a blank paper with a blue pen has to show in the camera. | 1. Visit our website (https://ekyc.quantumamc.com). Fill the standard KYC application form online and upload the required documents with the following options:
2. Post filling his personal and address details, investor will be automatically routed to a page where he has to show his signature in front of the camera and click its picture. 3. He will then have to take his selfie in front of the camera. 4. Investor will have to do a self IPV by recording himself in front of the camera. (This step will eradicate the earlier IPV process carried out by CR team) |
Note: Document upload in case of Resident individual is optional and for NRI’s the document upload is mandatory. There will be independent validation of supporting data. Quantum Mutual Fund reserves the right to ask for any additional document, if required further, to establish the applicant’s Proof of Identity and Proof of Address.
Once EIPV, is successfully completed, Quantum team will enter the details of the Online KYC application in the (relevant) KRA POS for processing the EKYC application for KYC compliance. Below are the steps involved in the process:
• | Details mentioned in the Application provided / uploaded during EIPV are checked and validated through authorized third party associates. In case if the details are not successfully validated, the same is communicated to the applicant. |
• | Post successful validation the Online KYC application data are entered in relevant KRA POS for processing of KYC. Post uploading the document on KRA site, it takes upto 30 days to get the KYC status updated with the KRA. |
• | If the details are not successfully validated or the images are not clear, the same is communicated to the applicant, and /or the KRA may ask for clarification, and / or reject the KYC application. |
After submitting the KYC form online, the applicant will receive a call/ e-mail for E-IPV procedure. E-IPV is electronic In-Person Verification as mandated for KYC compliance. During the E-IPV process, we shall record the following:
1. | Applicant’s presence. |
2. | Applicant’s Original PAN card wherein photo and signature of the applicant are clearly visible |
3. | Original documents of the details mentioned in the form . |
4. | In case of NRI’s, in addition to the above, the Original Passport and Original overseas address proof needs to be shown in the IPV process. |
5. | Applicant's affirmation / confirmation (in verbal) is sought that the applicant indeed has filled up the online KYC form earlier as a declaration to validate the data filled/ uploaded by the applicant. |
6. | Applicant needs to print and sign across a declaration form or write the same on plain paper with clear signature in non-black ink which needs to match as per the signature in the Pan Card. |
The list of documents required to be scanned and uploaded for completing the Online KYC compliance process are as follows:
Resident Individual
1. | PAN Card Copy |
2. | Valid Proof of Address (Passport / Voter Id) |
Non Resident Individual
1. | PAN Card Copy |
2. | Copy of Passport |
3. | Proof of Address (Latest Bank Statement / Pass Book / Voter Id / Driving Licence not more than 3 months old |
4. | Overseas Address Proof and attested by Authorized Attesting officials. |
1. Investors having Aadhaar linked with active mobile number will only be able to apply for E-KYC to complete the E-Sign process. This process requires Aadhar / Virtual Number and OTP verification on the mobile linked with Aadhaar records which is carried after validation and before final upload in KRA / CKYC.
2. The NRI investors who are mariner can upload their CDC copy self-attested in absence of foreign address proof.
3. Please note if there is a difference in “Address of Correspondence” & “Permanent Address” of the applicant, separate address proof needs to be submitted for “Permanent Address”.
This facility will be available to all Individual investors where the mode of holding is 'Single' or 'Anyone or Either or Survivor' or 'Joint'. It can be availed by investors whose PAN is not KYC compliant as per latest KYC norms; provided the investor has a valid Aadhaar card number.
Guardians on behalf of minor can also invest through this procedure.Earlier Process | New Process | ||
---|---|---|---|
• | In case you wished to invest with us using our Invest Online process and your KYC status is not verified as per the latest KYC norms, then the system would not allow you to proceed further to complete your online investment. | • | In case you wish to invest with us using our Invest Online process and your KYC status is not verified as per the latest KYC norms, then the system will ask you for your Aadhaar card number. |
• | If you have an Aadhaar Card, you can enter your Aadhaar card number and complete your first time online purchase transaction. | ||
• | Post completion of your online purchase transaction, our Customer Relations team will contact you to complete the E-IPV process and be KYC compliant. |
Online KYC or Electronic KYC is a procedure provided by Quantum Mutual Fund for KYC compliance that allows you to complete your KYC formalities completely online, without any paperwork whatsoever. KYC is now mandatory before investing in Mutual Funds. Online KYC is a simplified KYC for investments based on PAN and Bank Account no. details.
Online KYC is an initiative of Quantum Mutual Fund that offers you a paperless KYC process. Online KYC eliminates issues faced by an Investor while doing their KYC, particularly Applicants / Investors residing in B15 cities and outside India while doing their IPV, since everything is now online.
To update your FATCA details please follow the below steps.
• Login to the Invest Online portal with your User ID and password/OTP.
• Navigate to the Manage Account tab in the top bar. Select “FATCA Request” option from the appearing dropdown menu.
• Fill all the details in FATCA form and upon submission, the same will be updated in the selected folio.
Please note that you need to be KYC compliant to invest with us. Click here to know more about KYC.
To invest offline in India’s 1st Direct to Investor Mutual fund, investors are requested to follow the steps given below:
• | Collect the Application Form |
• | Complete the form and attach the mandatory documents |
• | Submit the Application Form |
Collecting the Application Form
You can download the form from our website Click here to download the form now.
You can also collect the physical application form from any of our offices, as per the addresses below:
1 | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
Complete the form and attach mandatory documents
Fill your personal details like name, address, phone no., email id and bank account information and attach the below mentioned documents:
1 | Common application form along with the Transactions form (Duly filled and signed) |
2 | Current dated at par cheque in favor of ‘Quantum __________ scheme - your PAN number’. A copy of latest bank passbook/statement is required if the name is not printed |
3 | A cancelled copy of cheque / copy of latest bank passbook/statement (only if the mode of payment is NEFT/RTGS) |
4 | KYC acknowledgement copy of the unit holder(s) |
Submit the Application Form
You can submit your physical applications along with all required supporting documents as mentioned below:
1 | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
2 | Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India. |
Investor to submit to us a completed and signed Unclaimed Redemption/Dividend Form (available in the download section of our website).
Note:
• | Incase the payment needs to be made in the unregistered bank account, you need to submit a cancelled copy of cheque/bank statement or any other bank proof attested by the bankers. |
• | The form needs to be signed by all unit holders irrespective of mode of holding |
• | The unclaimed redemption and dividend amounts, that are allowed to be deployed only in call money market or money market instruments or to be invested in a separate plan of Liquid scheme / Money Market Mutual Fund scheme floated by Mutual Funds specifically for deployment of the unclaimed amounts. |
• | Investor who claims the unclaimed amount within 3 years period from the due date, will be paid the total unclaimed amount including the income earned by deploying the unclaimed amount |
• | Investor who claims the amount after 3 years period from the due date, will be paid the total unclaimed amount with the part of the income earned by deploying the unclaimed amount till 3 years. The rest of the income earned beyond the 3 years will be transferred to investor education fund |
Please note that you need to be KYC compliant to invest with us. Click here to know more about KYC.
To invest offline in India’s 1st Direct to Investor Mutual fund, investors are requested to follow the steps given below:
• | Opening a Demat Account and Trading Account via Stock Exchange Broker |
• | Place an order to buy a Mutual Fund scheme |
• | Receiving confirmation on the same |
Get in touch with a SEBI registered Broker or Trading Member and open a new DEMAT account as well as Trading account. If you already have an existing demat account say for holding of your securities, same account can be used for holding mutual fund units in demat form also.
Note: broker should have obtained AMFI Registration Number (ARN) from Association of Mutual Funds of India (AMFI).
Some of the popular brokers are HDFC Securities, ICICI Direct, Sharekhan, Indiainfoline etc.
• | Place an order to buy a Mutual Fund scheme |
A} | For placing a subscription order, you would need to give the name of the Mutual Fund, Name of the Scheme, the value (i.e. money) that you intend investing, whether your subscription is fresh (first time investor for a Mutual Fund company) or additional. |
B} | You need to make payment in favour of the broker through cheque or any other payment mode that is available with them. Broker is obliged to place order only when clear balance from your end is available in his account. |
C} | The broker places an order to buy Mutual Fund units and charge the brokerage fees as per the fees structure. |
After this, broker would be in a position to confirm the details of order to the investor.
• | Receiving confirmation on the same |
By end of the day member would be able to issue Contract Note containing particulars of Mutual Fund Scheme, value of subscription, brokerage and service tax applicable. In cases of rejection of the order, reason for rejection would also be communicated by the member.
Once he receives the confirmation and delivery of mutual fund units in to his account he will transfer the same to Investor’s account. The investor should be able to see his Mutual fund units by logging in to his demat account.
Note: The investor does not get any kind of confirmation or account statement from the respective MUTUAL FUND or AMC for the units bought.
NSE has started an online order collection system specially for transacting in Mutual Funds called as MFSS. Click here to read more .
Please note that you need to be KYC compliant to invest with us. Click here to know more about KYC.
To invest offline in India’s 1st Direct to Investor Mutual fund, investors are requested to follow the steps given below:
• | Collect the Application Form |
• | Complete the form and attach the mandatory documents |
• | Submit the Application Form |
Collecting the Application Form
You can download the form from our website Click here to download the form now.
You can also collect the physical application form from any of our offices Or collection centers, as per the addresses below:
1 | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
2 | Karvy Computershare Private Limited-Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India . |
Complete the form and attach mandatory documents
Fill your personal details like name, address, phone no., email id and bank account information and attach the below mentioned documents:
1 | Main application form along with the Transactions form (Duly filled and signed) |
2 | Current dated at par cheque in favor of ‘Quantum __________ scheme - your PAN number’ |
3 | A cancelled copy of cheque |
4 | A self-attested copy of PAN of the unit holder(s) |
5 | KYC acknowledgement copy of the unit holder(s) |
Submit the Application Form
You can submit your physical applications along with all required supporting documents as mentioned below:
1 | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
2 | Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India. |
The various types of Triggers available to the Unit holder are:< /p>
a. Event-based Triggers: Unit holder can also set triggers based on the occurrence of a particular external event that affects the value of investment. For example,
b. Time based Triggers: Time based triggers are actioned on the day and /or date opted by the investor. For e.g. If investor has opted particular day or date trigger for redeeming specified amount to buy some gift for his/her relative’s birthday, a trigger could be set based on the date as requested by the Unit holder or Investor can give a redemption request before a specific date - 25th Wedding Anniversary, retirement date, three years from date of trigger or son/daughter reaches the age of 21.
A Trigger will activate a transaction / alert when the event selected for has reached the value greater than/ equal to the specified particular value i.e. Trigger Point.
Eg: Mr. Z bought 5000 units at NAV of 11.00. If Mr. Z wants to switch all his units when the NAV reaches 15.00, he has to keep track of the NAV daily and then send a switch request within a stipulated time period for effecting the switch at the NAV of the intended day.
However, instead of keeping a track of the NAV everyday, Mr.ZA can set a Trigger: To switch all units when NAV is 13 or more. In this case, the AMC will keep track on behalf of Mr. Z and switch his units on the day when the NAV reaches 13 or more. Thus Trigger is useful in financial planning.
Systematic withdrawal plans are used by investors to create a regular flow of income from their investments. Investors looking for income at periodic intervals for e.g. funding a travel plan during the children’s summer vacations, also set up their withdrawals in such a way that the cash is available when most required.
For an SWP you can invest a lump sum amount in one scheme and regularly withdraw a pre-defined amount into another scheme.
Let us assume you have 5,000 units in a Mutual Fund scheme. You have given instructions to the fund house that you want to withdraw Rs. 8,000 every month through SWP.
Now let''''s assume that on 1 December, the Net Asset Value (NAV) of the scheme is Rs. 20.
Equivalent number of MF units = Rs. 8,000 / Rs. 20 = 400 units
400 units would be redeemed from your MF holdings, and Rs. 8,000 would be given to you.
Your remaining units = 5,000 - 400 = 4600 units
Now let''''s assume that on 1 January, the NAV is Rs. 16.
Equivalent number of units = Rs. 8,000 / Rs. 16 = 500 units
500 units would be redeemed from your MF holdings, and Rs. 8,000 would be given to you.
Your remaining units = 4600 - 500 = 4100 units
This way, units from your mutual fund holdings are redeemed in a systematic way to provide you with continuous income.
• | You can invest lump sum and get a fixed payout at fixed intervals which works like monthly income i.e. it allows the account holders to access their money at regular intervals. |
• | SWP is tax efficient for an investor who likes to save on dividend distribution tax. |
• | Convenience and Liquidity |
• | Quantum Long Term Equity Value Fund |
• | Quantum Liquid Fund |
• | Quantum Tax Saving Fund |
• | Quantum Equity Fund of Funds |
• | Quantum Gold Savings Fund |
• | Quantum Multi Asset Fund of Funds |
• | Quantum Dynamic Bond Fund |
• | Quantum India ESG Equity Fund |
Scheme Name | Frequencies Available Under SWP | Weekly | Fortnightly | Monthly | Quarterly |
Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds, Quantum India ESG Equity Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund and Quantum Dynamic Bond Fund | |||||
Minimum SWP Amount | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 25 | 13 | 6 | 4 | |
Frequency of Dates | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Tax Saving Fund | |||||
Minimum SWP Amount | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | |
Minimum No. of Installments / Instructions | 25 | 13 | 6 | 4 | |
Frequency of Dates | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Liquid Fund | |||||
Minimum SWP Amount | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 25 | 13 | 6 | 4 | |
Frequency of Dates | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month |
Yes, you can cancel your existing SWP. To cancel your SWP request, kindly submit to us a duly signed written request or Systematic Transaction Form by all the unit holder(s) according to the mode of holding. In the written request, kindly mention your folio number, the SWP amount, SWP date and the scheme name in which you wish to cancel the SWP and tick on ‘Cancellation’ in case you are submitting the SWP form.
You can modify the offline SWP via online mode. Please Click Here to modify your SWP..
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Note:
Your request for SWP cancellation (through offline/online) needs to be submitted 10 working days prior the SWP date.
The modification can only be done in the SWP amount and the SWP end period.
For New Investors:
Fill all the required information and attach the below mentioned documents as supporting.
1 | Main application form along with the SYSTEMATIC TRANSACTION FORM |
2 | Current dated at par cheque in favor of ‘Quantum ______________ scheme – your PAN number’ |
3 | A cancelled copy of cheque |
4 | A self-attested copy of PAN of the unit holder(s) |
5 | KYC acknowledgement copy of the unit holder(s) |
For Existing Investors
Fill all the required information and attach the below mentioned documents as supporting.
Duly filled and signed Systematic Transaction Form
Submission of the Form
You can submit your physical applications along with all required supporting documents at the addresses mentioned below:
1 | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
2 | Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India. |
3 | Drop your Applications at the Drop Box- We have tied up with Vichare Courier to offer facility of dropping the purchase application form along with the cheque and supporting at their drop boxes at various locations across Mumbai. By using this facility investor need not visit any of our Office or Karvy branch. The applications will be picked up directly and forwarded to our official point of contact. Click here to read the Drop-Box facility FAQs. Click here for all the Drop-Box locations available across Mumbai. |
4 | Inform us to avail the Cheque pick-up facility - Call us on 1800 - 209 - 3863 / 1800 - 22- 3863for picking your application and we will arrange an authorized person to come to your residence or office for as per your convenience. You can also write to us on [email protected] for the same. |
• | Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme |
• | Quantum Liquid Fund: Please click here to view the load structure of the scheme |
• | Quantum Tax Saving Fund: Please click here to view the load structure of the scheme |
• | Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Gold Savings Fund: Please click here to view the load structure of the scheme |
• | Quantum Multi Asset Fund: Please click here to view the load structure of the scheme |
• | Quantum Dynamic Bond Fund : Please click here to view the load structure of the scheme |
• | Quantum India ESG Equity Fund: Please click here to view the load structure of the scheme |
Scheme Name | Frequencies Available Under SWP | Weekly | Fortnightly | Monthly | Quarterly |
Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds, Quantum India ESG Equity Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund of Funds and Quantum Dynamic Bond Fund | |||||
Minimum SWP Amount | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 25 | 13 | 6 | 4 | |
Frequency of Dates | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Tax Saving Fund | |||||
Minimum SWP Amount | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | |
Minimum No. of Installments / Instructions | 25 | 13 | 6 | 4 | |
Frequency of Dates | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Liquid Fund | |||||
Minimum SWP Amount | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 25 | 13 | 6 | 4 | |
Frequency of Dates | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month |
• | You can invest lump sum and get a fixed payout at fixed intervals which works like monthly income i.e. it allows the account holders to access their money at regular intervals. |
• | SWP is tax efficient for an investor who likes to save on dividend distribution tax. |
• | Convenience and Liquidity |
• | Quantum Long Term Equity Value Fund |
• | Quantum Liquid Fund |
• | Quantum Tax Saving Fund |
• | Quantum Equity Fund of Funds |
• | Quantum Gold Savings Fund |
• | Quantum Multi Asset Fund of Funds |
• | Quantum Dynamic Bond Fund |
• | Quantum India ESG Equity Fund |
Yes, you can modify/cancel your online SWP.
If you wish to modify/cancel the existing SWP registered with us, you can do so by following the below mentioned procedure:
Modification of the SWP | Cancellation of the SWP |
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|
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The Online SWP facility is available at NO CHARGE.
However, in case you are opting to do SWP from Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds, Quantum Gold Savings Fund and Quantum Multi Asset Fund then kindly make a note of the applicable exit loads for the scheme.You will receive a confirmation email/SMS with the details of your Online SWP after successfully completing the registration process on our website.
You can also check the status of your registration under the section '' Commercial Transactions > SWP > Registered SWP ''.
Currently only an existing investor with Quantum Mutual Fund can invest in SWP through our online SWP option.
• | Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme |
• | Quantum Liquid Fund: Please click here to view the load structure of the scheme |
• | Quantum Tax Saving Fund: Please click here to view the load structure of the scheme |
• | Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Gold Savings Fund: Please click here to view the load structure of the scheme |
• | Quantum Multi Asset Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Dynamic Bond Fund: Please click here to view the load structure of the scheme |
• | Quantum India ESG Equity Fund: Please click here to view the load structure of the scheme |
Systematic withdrawal plans are used by investors to create a regular flow of income from their investments. Investors looking for income at periodic intervals for e.g. funding a travel plan during the children’s summer vacations, also set up their withdrawals in such a way that the cash is available when most required.
For an STP you can invest a lump sum amount in one scheme and regularly withdraw a pre-defined amount into another scheme.
Yes, you can cancel your existing STP. To cancel your STP request, kindly submit to us a duly signed written request or Systematic Transaction Form by all the unit holder(s) according to the mode of holding. In the written request, kindly mention your folio number, the STP amount, STP date, the scheme name in which you wish to cancel the STP and tick on ‘Cancellation’ in case you are submitting the STP form.
You can modify the offline STP via online mode. Please Click Here to modify your STP.
Note:
Your request for STP cancellation (through offline/online) needs to be submitted 10 working days prior the STP date.
The online modification of STP can only be done in the STP amount and the STP end period.
• | Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme |
• | Quantum Liquid Fund: Please click here to view the load structure of the scheme |
• | Quantum Tax Saving Fund: Please click here to view the load structure of the scheme |
• | Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Gold Savings Fund: Please click here to view the load structure of the scheme |
• | Quantum Multi Asset Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Dynamic Bond Fund: Please click here to view the load structure of the scheme |
• | Quantum India ESG Equity Fund: Please click here to view the load structure of the scheme |
For New Investors:
Fill all the required information and attach the below mentioned documents as supporting.
1 | Main application form along with the SYSTEMATIC TRANSACTION FORM |
2 | Current dated at par cheque in favor of ‘Quantum ______________ scheme – your PAN number’ |
3 | A cancelled copy of cheque |
4 | A self-attested copy of PAN of the unit holder(s) |
5 | KYC acknowledgement copy of the unit holder(s) |
Note : Incase of first time purchase in Quantum Liquid Fund, a request for STP registration can be submitted only after allotment of units in this scheme. (Since allotment of units happen only after realization of funds)
For Existing Investors
Duly filled and signed Systematic Transaction Form
Submission of the Form
You can submit your physical applications along with all required supporting documents at the addresses mentioned below:
1 | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
2 | Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India. |
3 | Drop your Applications at the Drop Box- We have tied up with Vichare Courier to offer facility of dropping the purchase application form along with the cheque and supporting at their drop boxes at various locations across Mumbai. By using this facility investor need not visit any of our Office or Karvy branch. The applications will be picked up directly and forwarded to our official point of contact. Click here to read the Drop-Box facility FAQs. Click here for all the Drop-Box locations available across Mumbai. |
4 | Inform us to avail the Cheque pick-up facility - Call us on 1800 - 209 - 3863 / 1800 - 22- 3863for picking your application and we will arrange an authorized person to come to your residence or office for as per your convenience. You can also write to us on [email protected] for the same. |
• | Quantum Long Term Equity Value Fund |
• | Quantum Liquid Fund |
• | Quantum Tax Saving Fund |
• | Quantum Equity Fund of Funds |
• | Quantum Gold Savings Fund |
• | Quantum Multi Asset Fund of Funds |
• | Quantum Dynamic Bond Fund |
• | Quantum India ESG Equity Fund |
Scheme Name | Frequencies Available Under STP | Daily | Weekly | Fortnightly | Monthly | Quarterly |
Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds, Quantum India ESG Equity Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund of Funds & Dynamic Bond Fund | ||||||
Minimum STP Amount | Rs. 100/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Tax Saving Fund | ||||||
Minimum STP Amount | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Liquid Fund | ||||||
Minimum STP Amount | Rs. 100/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month |
When you feel that your portfolio needs rebalancing, STP comes in handy and saves you from lots of operational hassles that would otherwise go in transferring funds into equity schemes.
When market conditions are in favor of equity growth in near future, it’s good to skew your portfolio towards equity for better returns with the help of STP.
• | You can invest in a Debt funds and from there you can start a STP to an Equity Fund, so it works like a systematic Investment Plan (SIP). |
• | Works as SWP: STP can also work like SWP, because with some funds you can do transfer from Equity funds to Debt Funds, so when markets look risky you can start a STP from Equity to Debt funds, which will act like SWP. |
• | Liquidity: Generally one does STP from Debt to Equity funds, so your money is invested in Debt fund. This means you can sell it anytime if you want. Hence it works like an ‘Emergency Fund’ too. In case you need money urgently, it can act like a liquid asset. |
• | Growth in Money: Not to forget that your money is invested in Debt funds, so your money is also growing at debt returns. |
For an STP you can invest a lump sum amount in one scheme and regularly transfer a pre-defined amount into another scheme. Commonly, investors park a lump sum amount in a debt fund, from where a regular amount is transferred at periodic intervals into specific equity-oriented funds. It is similar to the drip investing concept of an SIP, the only difference being that money flows from one fund to another in case of an STP instead of being transferred from your bank account. This eliminates the risks associated with timing the market in case of lump sum investments and in turn offers the benefit of rupee cost averaging. You may choose a daily, weekly, monthly or a quarterly transfer plan, as per your needs.
For an STP, you have to choose a fund from which the transfer is taking place (Transfer of scheme or fund) and a fund to which the transfer is taking place (Transferee Scheme or Fund). Transfers can be made daily, weekly, monthly or quarterly depending upon the STP chosen by you and the options available.
The STP takes place in the form of units of the fund. This switch to the new scheme is carried out at the prevailing net asset value (NAV). Depending upon the NAV of the transferor fund, the redeemed units are converted in to redemption amount which is used to purchase the units of the transferee fund.
Say if a person wants to invest in a fund ‘B’ through STP, he will have to first select a fund ‘A’ which allows STP. After selecting the fund ‘A’, he will select fund ‘B’ where the amount will be transferred. But instead of reallocating the entire amount, in STP you can select and set your amount and time period according to your risk appetite and the money will be regularly transferred from fund ‘A’ to fund ‘B’ .
The STP helps against any foreseen or sudden downfalls of the market.Modification of the STP | Cancellation of the STP |
---|---|
1 Visit www.QuantumAMC.com. 2 Click on ‘Invest Online’ section and log in using your User Id/PAN and Password/OTP. 3 Under ‘Transact’ click on 'STP' 4 Click on ‘Modify’ for the respective STP 5 Modify the required details 7 Click on ‘Submit’ option 8. Confirm the STP modification request be clicking on ‘Confirm’ | 1 Visit www.QuantumAMC.com. 2 Click on ‘Invest Online’ section and log in using your User Id/PAN and Password/OTP. 3 Under ‘Transact’ click on 'STP' 4 Click on ‘Cancel’ for the respective STP 5. Click on ‘Confirm’ |
You will receive a confirmation email and SMS with the details of your Online STP after successfully completing the registration process on our website.
You can also check the status of your registration under the section Commercial Transactions > ‘STP’.
The applicable exit load will be charged at the time of STP according to the scheme features.
Please find below the exit load structure of each scheme;
• | Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme |
• | Quantum Liquid Fund: Please click here to view the load structure of the scheme |
• | Quantum Tax Saving Fund: Please click here to view the load structure of the scheme |
• | Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Gold Savings Fund: Please click here to view the load structure of the scheme |
• | Quantum Multi Asset Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Dynamic Bond Fund: Please click here to view the load structure of the scheme |
• | Quantum India ESG Equity Fund: Please click here to view the load structure of the scheme |
Scheme Name | Frequencies Available Under STP | Daily | Weekly | Fortnightly | Monthly | Quarterly |
Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds, Quantum India ESG Equity Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund of Funds, Quantum Dynamic Bond Fund | ||||||
Minimum STP Amount | Rs. 100/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Tax Saving Fund | ||||||
Minimum STP Amount | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Liquid Fund | ||||||
Minimum STP Amount | Rs. 100/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month |
When you feel that your portfolio needs rebalancing, STP comes in handy and saves you from lots of operational hassles that would otherwise go in transferring funds into equity schemes.
When market conditions are in favor of equity growth in near future, it’s good to skew your portfolio towards equity for better returns with the help of STP.
• | Works as SIP: You can invest in a Debt funds and from there you can start a STP to an Equity Fund, so it works like a systematic Investment Plan (SIP). |
• | Works as SWP: STP can also work like SWP, because with some funds you can do transfer from Equity funds to Debt Funds, so when markets look risky you can start a STP from Equity to Debt funds, which will act like SWP. |
• | Liquidity: Generally one does STP from Debt to Equity funds, so your money is invested in Debt fund. This means you can sell it anytime if you want. Hence it works like an ‘Emergency Fund’ too. In case you need money urgently, it can act like a liquid asset. |
• | Growth in Money: Not to forget that your money is invested in Debt funds, so your money is also growing at debt returns. |
• | Quantum Long Term Equity Value Fund |
• | Quantum Liquid Fund |
• | Quantum Tax Saving Fund |
• | Quantum Equity Fund of Funds |
• | Quantum Gold Savings Fund |
• | Quantum Multi Asset Fund of Funds |
• | Quantum Dynamic Bond Fund |
• | Quantum India ESG Equity Fund |
For an STP you can invest a lump sum amount in one scheme and regularly transfer a pre-defined amount into another scheme. Commonly, investors park a lump sum amount in a debt fund, from where a regular amount is transferred at periodic intervals into specific equity-oriented funds. It is similar to the drip investing concept of an SIP, the only difference being that money flows from one fund to another in case of an STP instead of being transferred from your bank account. This eliminates the risks associated with timing the market in case of lump sum investments and in turn offers the benefit of rupee cost averaging. You may choose a daily, weekly, monthly or a quarterly transfer plan, as per your needs.
For an STP, you have to choose a fund from which the transfer is taking place (Transfer of scheme or fund) and a fund to which the transfer is taking place (Transferee Scheme or Fund). Transfers can be made daily, weekly, monthly or quarterly depending upon the STP chosen by you and the options available.
The STP takes place in the form of units of the fund. This switch to the new scheme is carried out at the prevailing net asset value (NAV). Depending upon the NAV of the transferor fund, the redeemed units are converted in to redemption amount which is used to purchase the units of the transferee fund.
Say if a person wants to invest in a fund ''''B'''' through STP, he will have to first select a fund ''''A'''' which allows STP. After selecting the fund ''''A'''', he will select fund ''''B'''' where the amount will be transferred. But instead of reallocating the entire amount, in STP you can select and set your amount and time period according to your risk appetite and the money will be regularly transferred from fund ''''A'''' to fund ''''B''''.
The STP helps against any foreseen or sudden downfalls of the market.
STP refers to Systematic Transfer Plan where in an investor invests a lump sum amount in one scheme and regularly transfers (i.e. switches) a pre-defined amount into another scheme. According to the frequency of STP selected, on a specified date an amount chosen by the investor is transferred from the existing scheme to another of the investor’s choice.
The Offline SIP facility is available at NO CHARGE. However charges can be levied by your bankers.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Yes, you can!
To cancel your existing SIP in Quantum Mutual Fund, you will need to submit either the SIP form or the written request mentioning your folio number, scheme name, SIP date and amount to this effect to our registered office address as mentioned below or any of our collection centers closest to you.
You are requested to send us the SIP cancellation request 15 business days prior to the SIP date opted by you.If an SIP installment is due within 15 business days from the date of cancellation, that installment will be processed and your bank account will be debited for that SIP installment.
To modify the SIP amount/frequency etc. registered at our end, you need to submit to us a SIP cancellation request to cancel your existing SIP and subsequently submit to us a fresh request for SIP registration. (The procedure for both is mentioned above).
If you wish to change the bank details for your existing Systematic Investment Plan (SIP) registered through the above mode, you need to submit a duly filled and signed One Time Mandate along with the SIP auto debit form indicating the option ‘Change in Bank Account’. Also, kindly submit a cancelled cheque copy of your new bank account.
Note: The change in bank mandate request needs to be submitted 21 days prior the next SIP due date. Else the auto debit will be processed with the existing bank details.
Offline SIP registered through Cheque -
If you wish to change the bank details for your existing Systematic Investment Plan (SIP) registered through the above mode, kindly submit a Cancellation Request first and subsequently submit a fresh request for SIP registration.
Note: Kindly ensure that the registration request is received 21 days prior to your subsequent SIP date. However the SIP cancellation request needs to be submitted 15 business days prior the next SIP date.
• | Collecting the Application Form |
• | Fill up the form and attach the mandatory documents |
• | Submission of the Form |
Collecting the Application Form:
You can download the form from our website www.QuantumMF.com.
You can also collect the physical application form from any of our office branch OR collection centers as shown below.
1 | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
2 | Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India. |
Fill up the form and attach the mandatory documents
For New Investors:
Fill all the required information and attach the below mentioned documents as supporting.
1 | Main application form along with the SIP AUTODEBIT MANDATE FORM (SIP through Auto Debit) |
2 | Main application form along with the SYSTEMATIC TRANSACTION FORM (SIP through Cheque) |
3 | Current dated at par cheque in favor of ‘Quantum ______________ scheme – your PAN number’ |
4 | A cancelled copy of cheque (SIP through Auto Debit) |
5 | POST DATED CHEQUES (SIP through Cheque) |
6 | A self-attested copy of PAN of the unit holder(s) |
7 | KYC acknowledgement copy of the unit holder(s) |
For Existing Investors:
Fill all the required information and attach the below mentioned documents as supporting.
1 | SIP AUTODEBIT MANDATE FORM along with cancelled cheque (SIP through Auto Debit) |
2 | SYSTEMATIC TRANSACTION FORM along with Post-dated cheques (SIP through Cheque) |
Submission of the Form:
You can submit your physical applications along with all required supporting documents at the addresses mentioned below:
1 | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
2 | Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India. |
3 | Drop your Applications at the Drop Box- We have tied up with Vichare Courier to offer facility of dropping the purchase application form along with the cheque and supporting at their drop boxes at various locations across Mumbai. By using this facility investor need not visit any of our Office or Karvy branch. The applications will be picked up directly and forwarded to our official point of contact. Click here to read the Drop-Box facility FAQs. Click here for all the Drop-Box locations available across Mumbai. |
4 | Call us on 1800 - 209 - 3863 / 1800 - 22- 3863 for picking your application and we will arrange an authorized person to come to your residence or office for as per your convenience. You can also write to us on [email protected] for the same. |
Below given is the list of Direct Debit banks for SIP.
If your branch falls under Non ECS location/ Invalid MICR and if the bank is activated as DD bank, your SIP will still get registered successfully. It means that investor can have SIP from any branch of the direct debit irrespective of the MICR code or ECS location available in our list.
• | Kotak Mahindra Bank |
• | Andhra Bank |
• | Allahabad Bank |
• | Andhra Pragathi Grameena Bank |
• | Bank of Bahrain and Kuwait |
• | Bank of Baroda |
• | Bank Of India |
• | Bank of Maharashtra |
• | Central Bank of India |
• | Canara Bank |
• | Cosmos Bank |
• | Corporation Bank |
• | Catholic Syrian Bank |
• | City Union Bank |
• | Deutsche Bank |
• | Development Credit Bank |
• | Dena Bank |
• | Dhanlakshmi Bank |
• | Federal Bank |
• | Fincare Small Finance Bank Ltd |
• | HDFC Bank Limited |
• | ICICI Bank |
• | IDBI Bank |
• | Indusind Bank |
• | Indian Bank |
• | Indian Overseas Bank |
• | Jammu & Kashmir Bank |
• | Janata Sahakari Bank |
• | Karnataka Bank |
• | Karur Vysya Bank Limited |
• | Lakshmi Vilas Bank |
• | ORIENTAL BANK OF COMMERCE |
• | Punjab & Maharashtra Co-op Bank |
• | Punjab National Bank |
• | Punjab and Sind Bank |
• | Ratnakar Bank |
• | State Bank of India |
• | SCB |
• | South Indian Bank Ltd |
• | Shamrao Vithal Co.Operative Bank Ltd |
• | Saraswat Bank |
• | Syndicate Bank |
• | Tamilnad Mercantile Bank Ltd |
• | TNSC Bank |
• | Union Bank of India |
• | UCO Bank |
• | United Bank of India |
• | Axis Bank |
• | Vijaya Bank |
• | YES Bank |
• | Bandhan Bank |
• | Citi Bank |
• | DIGI Bank |
• | IDFC Bank |
• | Kalupur Cooperative Bank |
• | NKGSB Bank |
• | TJSB |
• | Pragathi Krishna Bank |
Scheme Name | Frequencies Available Under SIP | Daily | Weekly | Fortnightly | Monthly | Quarterly |
Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds, Quantum Gold Savings Fund, Quantum Multi Asset Fund of Funds and Quantum Dynamic Bond Fund | ||||||
Minimum SIP Amount | Rs. 100/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Tax Saving Fund | ||||||
Minimum SIP Amount | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Liquid Fund | ||||||
Minimum SIP Amount | NA | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |||
Minimum No. of Installments / Instructions | NA | 6 | 4 | |||
Frequency of Dates | NA | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month |
You can pay at regular intervals by giving Direct Debit instructions to your bank for the same.
OR
You can pay at regular intervals by giving Post-dated cheque and we will deposit the same.
The applicable exit load will be charged at the time of redemption/switch out/STP irrespective of the amount invested. In case of SIP, we follow FIFO (First In First Out) method to calculate the exit load. If you start 1 year SIP on 5th July 2011 in Quantum Long Term Equity Fund then the exit load for that month’s investment will be applicable up to 5th July 2013. The exit load for your last installment on 5th June 2012 will be NIL after 5th June 2014.
Please find below the exit load structure of each scheme;
• | Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme |
• | Quantum Liquid Fund: Please click here to view the load structure of the scheme |
• | Quantum Tax Saving Fund: Please click here to view the load structure of the scheme |
• | Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Gold Savings Fund: Please click here to view the load structure of the scheme |
• | Quantum Multi Asset Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Dynamic Bond Fund: Please click here to view the load structure of the scheme |
• | Quantum India ESG Equity Fund: Please click here to view the load structure of the scheme |
• | Quantum Long Term Equity Value Fund |
• | Quantum Liquid Fund |
• | Quantum Tax Saving Fund |
• | Quantum Equity Fund of Funds |
• | Quantum Gold Savings Fund |
• | Quantum Multi Asset Fund of Funds |
• | Quantum Dynamic Bond Fund |
• | Quantum India ESG Equity Fund |
ISIP Modification | ISIP Cancellation |
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|
|
Quantum Mutual Fund offers you Online SIP (ISIP) through the banks mentioned below. Please note that you need to have your net banking with utility payment facility with your bank to avail of this facility.
Bank Name
HDFC Bank |
ICICI Bank Ltd |
Axis Bank Limited |
State Bank Of India |
Kotak Mahindra Bank |
Bank Of Baroda |
IDBI Bank Ltd |
Union Bank Of India |
Yes Bank |
IDFC Bank Ltd |
CITI BANK |
Punjab National Bank |
Indusind Bank Ltd |
Standard Chartered Bank |
Federal Bank |
Indian Bank |
Bank Of Maharashtra |
South Indian Bank |
Bandhan Bank |
UCO BanK Ltd |
RBL Bank |
Karur Vysya Bank Limited |
City Union Bank |
Development Bank Of Singapore |
Karnataka Bank Ltd |
Saraswat Bank |
HSBC Bank |
DCB Bank |
NKGSB Bank |
Lakshmi Vilas Bank |
Tamilnad Mercantile Bank Ltd |
Catholic Syrian Bank |
Dhanlaxmi Bank |
Samurao Vittal Co-oprative Bank |
Cosmos Bank |
India Post Payments Bank |
Maharashtra Gramin Bank |
The Surat People's Co-Op Bank Ltd |
Survoday Small Finance Bank |
TNSC Bank |
Ujjivan Small Finance Bank |
Mode of Registration:
Net Banking Mode - Can be registered through the respective bank’s net banking module
Mobile Banking Mode - Can be registered through the respective bank’s mobile banking option
Payment Mode:
Auto Pay - Auto pay option will enable automatic debit of the SIP amount from the bank account without any manual intervention from the Investor.
View & Pay - View & Pay is an option to manually authorize the payment (in investor’s bank login) on or before each SIP date opted to avoid reversal of units.
1. | Log in to your Bank’s "Internet Banking" module |
2. | Choose the Bill Pay section |
3. | Select Quantum Mutual Fund as the Biller and enter your URN. |
• | Auto Pay |
• | View & Pay |
Scheme Name | Frequencies Available Under SIP | Daily | Weekly | Fortnightly | Monthly | Quarterly |
Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds, Quantum India ESG Equity Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund of Funds and Quantum Dynamic Bond Fund | ||||||
Minimum SIP Amount | Rs. 100/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Tax Saving Fund | ||||||
Minimum SIP Amount | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Liquid Fund | ||||||
Minimum SIP Amount | NA | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |||
Minimum No. of Installments / Instructions | NA | 6 | 4 | |||
Frequency of Dates | NA | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month |
• | Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme |
• | Quantum Liquid Fund: Please click here to view the load structure of the scheme |
• | Quantum Tax Saving Fund: Please click here to view the load structure of the scheme |
• | Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Gold Savings Fund: Please click here to view the load structure of the scheme |
• | Quantum Multi Asset Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Dynamic Bond Fund: Please click here to view the load structure of the scheme |
• | Quantum India ESG Equity Fund: Please click here to view the load structure of the scheme |
New Investor | Existing Investor |
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ii) Only SIP - To register only an SIP
|
|
• | Quantum Long Term Equity Value Fund |
• | Quantum Liquid Fund |
• | Quantum Tax Saving Fund |
• | Quantum Equity Fund of Funds |
• | Quantum Gold Savings Fund |
• | Quantum Multi Asset Fund of Funds |
• | Quantum Dynamic Bond Fund |
• | Quantum India ESG Equity Fund |
• | It helps you start small, with as low as Rs. 100 per month (depending on scheme and frequency). |
• | It helps you reduce the risk of mis-timing the market. So whether the markets move up or down, you stay invested and reap the benefits of both worlds as it helps you buy more units when the market is down and fewer units when the market is up. Thus reducing the cost of entry. |
1. | Reduces the average cost In SIP we are investing a fixed amount regularly. Therefore, we end up buying more number of units when the markets are down and NAV is low and less number of units when the markets are up and the NAV is high. This is called rupee-cost averaging. Generally, we would stay away from buying when the markets are down. We generally tend to invest when the markets are rising. SIP works as a good discipline as it forces us to buy even when the markets are low, which actually is the best time to buy. |
2. | Putting your eggs in different baskets! Another advantage of investing through equity mutual funds is that even with small amounts we are able to enjoy the benefits of diversification. Huge amounts would be required for an individual to achieve the desired portfolio in terms of stocks, which would not be possible for many of us. Diversification reduces the overall impact on the returns from a portfolio, on account of a loss in a particular company/sector. |
3. | Market timing becomes irrelevant One of the biggest difficulties in equity investing is WHEN to invest? Apart from the other big question, WHERE to invest? While, investing in a mutual fund solves the issue of where to invest, SIP helps us to overcome the problem of when to invest. SIP is a disciplined investing irrespective of the state of the market. It thus makes the market timing less relevant. Today when the markets are high, it may not be prudent to commit large sums at one go. |
4. | Does not strain our day-to-day finances Mutual Funds allow us to invest very small amounts (like Rs 500, Rs 1,000 etc) in SIP, as against larger one-time investment required, if we were to buy directly from the market. This makes investing easier as it does not strain our monthly finances. It, therefore, becomes an ideal investment option for a small-time investor, who would otherwise not be able to enjoy the benefits of investing in the equity market. Large investors who wish to accumulate their savings prudently might opt for a larger SIP amount. |
5. | Mutual Funds - Transparent & well regulated The Mutual Fund industry is well regulated by both SEBI and AMFI. They have, over the years, introduced regulations, which ensure smooth and transparent functioning of the mutual fund industry. This makes it safer and convenient for investors to invest through the mutual funds. |
6. | It’s an expert’s field. Let’s leave it to them Management of the fund by the professionals or experts is one of the key advantages of investing through a mutual fund. They regularly carry out extensive research on companies, the industry and the economy thus ensuring informed investment. Secondly, they regularly track the market. Thus, for many of us who do not have the desired expertise and are too busy with our vocation to devote sufficient time and effort to investing in equity, mutual funds offer an attractive alternative. |
7. | Helps to fulfill our dreams The investments we make are ultimately for some objectives such as to buy a house, children education, marriage etc. One thing common in all these objectives is that it requires a huge one-time investment. As it would usually not be possible raise such large amounts at short notice, we need to build the corpus over a longer period of time, through small but regular investments. This is what SIP is all about. Small investments, over a period of time, result in wealth creation and help fulfill our dreams and aspirations. |
THE POWER OF RUPEE COST AVERAGING | |||||
Lump-Sum Investor | Regular SIP Investor | ||||
Month | Unit Price | Amount Invested in Rs. | Units Bought | Amount Invested in Rs. | Units Bought |
1 | 20 | 60,000 | 3000 | 10,000 | 500 |
2 | 18 | -- | -- | 10,000 | 556 |
3 | 13 | -- | -- | 10,000 | 769 |
4 | 22 | -- | -- | 10,000 | 455 |
5 | 21 | -- | -- | 10,000 | 476 |
6 | 20 | -- | -- | 10,000 | 500 |
Total Amount Invested | Rs. 60,000 | Rs. 60,000 | |||
Average price paid | Rs. 20 | Rs. 19 | |||
Current NAV | Rs. 20 | Rs. 20 | |||
Total units bought | 3000 | 3256 | |||
Value of investment after six months | Rs. 60,000 | Rs. 65,120 |
• | Quantum Long Term Equity Value Fund |
• | Quantum Liquid Fund |
• | Quantum Tax Saving Fund |
• | Quantum Equity Fund of Funds |
• | Quantum Gold Savings Fund |
• | Quantum Multi Asset Fund of Funds |
• | Quantum Dynamic Bond Fund |
• | Quantum India ESG Equity Fund |
Scheme Name | Frequencies Available Under SIP | Daily | Weekly | Fortnightly | Monthly | Quarterly |
Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds,Quantum India ESG Equity Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund of Funds and Quantum Dynamic Bond Fund | ||||||
Minimum SIP Amount | Rs. 100/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Tax Saving Fund | ||||||
Minimum SIP Amount | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | Rs. 500/- and in multiples of Rs. 500/- thereafter | |
Minimum No. of Installments / Instructions | 132 | 25 | 13 | 6 | 4 | |
Frequency of Dates | All Business days | 7,15,21 & 28 of the month | 5 & 21 OR 7 & 25 of the month | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month | |
Quantum Liquid Fund | ||||||
Minimum SIP Amount | NA | Rs. 500/- and in multiples of Re. 1/- thereafter | Rs. 500/- and in multiples of Re. 1/- thereafter | |||
Minimum No. of Installments / Instructions | NA | 6 | 4 | |||
Frequency of Dates | NA | 5,7,15,21,25 & 28 of the month | 5,7,15,21,25 & 28 of the month |
You can make a purchase through SIP for all our schemes (except for Quantum Nifty 50 ETF and Gold ETF Fund) through the Online mode or the Offline mode.
Offline SIP - The request for SIP application should be received at our end within 21 business days prior to the SIP date opted by you in the form. After receiving the valid documents at our end, your SIP will be activated.
Online SIP - Online SIP (ISIP) instructions will take a minimum of 15 days for activation by the Registrar and the Bank. The first auto debit will be carried out only after the registration is completed by the Registrar and the Bank.
Earlier the SIP registration facility was provided for existing investors only. However, now the first time investors can also register for a SIP through our new purchase Invest Online module. The new purchase can be done alongwith lumpsum purchase or for only ‘SIP’ also.
Choose your preferred mode and click on the below links to read more and invest with us.
• | Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme |
• | Quantum Liquid Fund: Please click here to view the load structure of the scheme |
• | Quantum Tax Saving Fund: Please click here to view the load structure of the scheme |
• | Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Gold Savings Fund: Please click here to view the load structure of the scheme |
• | Quantum Multi Asset Fund of Funds: Please click here to view the load structure of the scheme |
• | Quantum Dynamic Bond Fund: Please click here to view the load structure of the scheme |
• | Quantum India ESG Equity Fund: Please click here to view the load structure of the scheme |
NAV Applicability
If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;
Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;
For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:
The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.
Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.
Please Click Here and refer the question “Which are the Quantum collection bank account details to initiate an NEFT/RTGS transfer?” for our collection bank account details.
You need to mention your transaction type, folio number, amount, scheme details like name, plan and option, details about change request in the WhatsApp / HIKE message (depending upon the type of transaction).
• The investor is required to send the WhatsAPP transaction request to the Mobile Number +91-924322 3863 containing details as defined on the AMC website which are required to process the transaction request. Transaction requests sent to any other Mobile Number will not be accepted. The AMC will make a confirmation / verification call to the investor on registered Mobile Number / Telephone / Contact Number through recorded line to confirm / verify the Transaction Request.
• If for any reason whatsoever confirmation / verification is not completed then the Transaction Request will not be processed and the request shall stand rejected by the AMC. After the necessary confirmation / verification of the Transaction Request with the investor, the AMC will send an acknowledgement email to the investor for acceptance or non-acceptance of the Transaction Request and such acknowledgement email from the AMC shall be considered as valid acceptance or non-acceptance of the transaction request and the transaction shall then be processed afterwards subject further to validity of request.
Non individual Investors such as a company, HUF, trust etc. are not allowed to transact via WhatsApp.
WhatsApp Facility will be available to existing registered Identified Investors as prescribed by the AMC from time to time and individual investors and joint holders and who is KYC compliant (for financial transactions). The new investor who wishes to avail this Facility shall first be required to subscribe / purchase units through the offline / web or such other mode of transactions as may be prescribed by the AMC from time to time.
To avail for this facility, the mobile number and Email Id of the investor needs to be registered under his folio.
Transactions through WhatsApp / HIKE is a facility wherein Quantum Mutual Fund will accept requests for Financial transactions & like Subscriptions/ Redemption / Repurchase / Switch-in / Switch-out of units and Updation of personal data / information as prescribed on the website of the AMC / Fund from time to time through WhatsApp subject to the Sender fulfilling the terms and conditions as prescribed by the AMC from time to time.
You need to register your bank through the One Time Mandate form for transfer of funds to the AMC’s account against your purchase transaction. Please Click Here to know more on One Time Mandate Facility.
You can also transfer funds to AMC’s bank account before sending SMS for the Financial Transaction Request through NEFT / RTGS facility.
Please Click Here and refer the question “Which are the Quantum collection bank account details to initiate an NEFT/RTGS transfer?” for our collection bank account details.
NAV Applicability
If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;
Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;
For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:
The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.
Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.
Scheme Name | Short Code |
Quantum Dynamic Bond Fund - Direct Plan Growth Option | QDBFGPG |
Quantum Dynamic Bond Fund - Direct Plan Monthly Dividend Payout Option | QDBFMDD |
Quantum Dynamic Bond Fund - Direct Plan Monthly Dividend Reinvestment Option | QDBFMDR |
Quantum Dynamic Bond Fund - Regular Plan Monthly Dividend Payout Option | QDBFRMD |
Quantum Dynamic Bond Fund - Regular Plan Monthly Dividend Re-investment Option | QDBFRMR |
Quantum Dynamic Bond Fund - Regular Plan Growth Option | QDBFRGG |
Quantum Long Term Equity Value Fund - Direct Plan Growth Option | QLTEVFGPG |
Quantum Long Term Equity Value Fund - Direct Plan Dividend Re-Investment Option | QLTEVFDPR |
Quantum Long Term Equity Value Fund - Direct Plan Dividend Payout Option | QLTEVFDPD |
Quantum Long Term Equity Value Fund - Regular Plan Growth Option | QLTEVFRGG |
Quantum Long Term Equity Value Fund - Regular Plan Dividend Payout Option | QLTEVFRDD |
Quantum Long Term Equity Value Fund - Regular Plan Dividend Re-investment Option | QLTEVFRDR |
Quantum Equity Fund Of Funds - Direct Plan Growth Option | QEFOFGPG |
Quantum Equity Fund Of Funds - Direct Plan Dividend Re-Investment Option | QEFOFDPR |
Quantum Equity Fund Of Funds - Direct Plan Dividend Payout Option | QEFOFDPD |
Quantum Equity Fund Of Funds Regular Plan Growth Option | QEFOFRGG |
Quantum Equity Fund Of Funds Regular Plan Dividend Payout Option | QEFOFRDD |
Quantum Equity Fund Of Funds Regular Plan Dividend Re-investment Option | QEFOFRDR |
Quantum India ESG Equity Fund Direct Plan Growth Option | QESGPG |
Quantum India ESG Equity Fund Regular Plan Growth Option | QESRGG |
Quantum Liquid Fund - Direct Plan Daily Dividend Re-Investment Option | QLFDDR |
Quantum Liquid Fund - Direct Plan Monthly Dividend Payout Option | QLFMDD |
Quantum Liquid Fund - Direct Plan Growth Option | QLFGPG |
Quantum Liquid Fund Regular Plan Monthly Dividend Payout Option | QLFRMD |
Quantum Liquid Fund Regular Plan Monthly Dividend Re-investment Option | QLFRMR |
Quantum Liquid Fund Regular Plan Growth Option | QLFRGG |
Quantum Liquid Fund Regular Plan Daily Dividend Re-investment Option | QLFRDR |
Quantum Liquid Fund - Direct Plan Monthly Dividend Reinvestment Option | QLFMDR |
Quantum Multi Asset Fund of Funds - Direct Plan Growth Option | QMAFGPG |
Quantum Multi Asset Fund of Funds - Regular Plan Growth Option | QMAFRGG |
Quantum Gold Savings Fund - Regular Plan Growth Option | QGSRGG |
Quantum Gold Savings Fund - Direct Plan Growth Option | QGSFGPG |
Quantum Tax Saving Fund - Direct Plan Growth Option | QTSFGPG |
Quantum Tax Saving Fund - Direct Plan Dividend Payout Option | QTSFDPD |
Quantum Tax Saving Fund - Regular Plan Growth Option | QTSFRGG |
Quantum Tax Saving Fund - Regular Plan Dividend Payout Option | QTSFRDD |
The following details are to be mentioned in your transaction request.
Financial Transactions:
The same Syntax is to be followed for it to be considered a syntax based SMS transaction.
Non-Financial Transactions:
Service | SMS to be sent as |
---|---|
Latest NAV: This service will allow to obtain the NAV of schemes of all folios that the investor has invested in. | NAV to 9243223863 |
Latest Balance in Folios This service will allow to obtain the valuation of schemes under all folios wherein the mobile number is registered | BAL To 9243223863 |
Email Statement This service will allow the investor to receive the email statement on his registered Email Id. He will also receive an SMS on his mobile stating that the SOA has been sent to his registered Email Id. | ESOA To 9243223863 |
SIP Renewal With this service the investor will receive a call for the SIP renewal procedure wherein the mobile number is registered | RENEW to 9243223863 |
Existing investors can make the following transactions through SMS:
Financial Transactions:
• Additional Purchase (Subscription)
• Redemption
• Switch in / Switch-out
Non – Financial Transactions:
• | The email is sent from the registered email id. |
• | The email transaction is authenticated by the investor through a call made to their registered contact number. |
NAV Applicability
If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;
Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;
For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:
The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.
Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.
You need to register your bank through the One Time Mandate form for transfer of funds to the AMC’s account against your purchase transaction. Please Click Here to know more on One Time Mandate Facility.
You can also transfer funds to AMC’s bank account before sending SMS for the Financial Transaction Request through NEFT / RTGS facility.
Please Click Here and refer the question “Which are the Quantum collection bank account details to initiate an NEFT/RTGS transfer?” for our collection bank account details
• | Folio Number |
• | Scheme Name |
• | Transaction Type (Purchase, Redemption, Switch, etc.) |
• | Amount or units |
• | Mode of payment |
• | Funds Transfer Reference Number |
• | Additional Purchase (Subscription) |
• | Redemption |
• | Switch in / Switch-out |
• | Systematic Transfer Plan (STP) & Systematic Withdrawal Plan (SWP) Registration |
• | Systematic Transfer Plan (STP) & Systematic Withdrawal Plan (SWP) Cancellation |
• | Trigger Request |
• | SIP / ISIP cancellation. |
(For ISIP cancellation Investors are requested to simultaneously cancel Quantum as the biller in the Banks bill pay option ) |
• | Change or Updation of Email id (Verification call* ) |
• | Change or Updation of Mobile/Contact no (Verification call* ) |
• | Updation of IFSC / MICR No / Bank Address |
• | Change of mode of Payment: Direct payment (NEFT/RTGS)/Cheque |
• | Updation of KYC after receiving KYC acknowledgement |
• | Change in broker code / EUIN |
• | Updation of PAN no (Verification call* ) |
• | Change / Updation for Date of Birth |
• | Updation of DOB proof / relationship proof for minor investors |
• | Correction in name. If the same is matching with the PAN /KYC for KYC verified investors and PAN card copy to be received through email as an attachment |
Non individual Investors such as a company, HUF, trust etc. are not allowed to transact via Email. |
Transaction Through Email (Without Attachment) -
Transaction Through Email (With Attachment) –
NAV Applicability
If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;
Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;
For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:
The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.
Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.
The list of banks activated for NACH system keep changing on regular intervals with introduction of new banks.
To view the updated list of banks, we request you to Click here and follow the below path:
Products & Services > National Automated Clearing House > NACH Live Banks
NACH | ECS |
A robust Mandate Management System, that will include a standardized mandate format and a defined workflow for mandate verification. | Mandate verification is done based on physicals, resulting in verification issues and delayed timelines. |
Unique mandate registration reference no will be available, which will allow for better tracking. | No such concept of a unique mandate registration reference number. |
Provision to capture destination bank''s unique mandate registration in the transaction file resulting in lesser rejects. | Higher number of rejects observed on account of mandate related issues. |
Same day presentation and settlement, including returns processing. | Presentation and settlement is spread over 3-4 day period. |
Well defined Dispute Management System; electronic platform to raise and resolve issues. Oversight by the NPCI. | Dispute management is left to the discretion of the Destination Bank and Sponsor Bank. |
1. | For Marking Lien; a duly filled and signed Lien Marking Form should be submitted along with Request letter from the Bank/Financial Institution (FI) along with the list of Authorized Signatories and Board Resolution. |
2. | For Removal of Lien; a written request from both the parties (i.e. the Lien holder and investor) is required for removal/revocation of lien. |
1. | Request letter from the new guardian. |
2. | If the existing guardian is alive: No Objection Letter (NOC) or Consent Letter from existing guardian or Court Order for new guardian |
3. | If the guardian is deceased: Notarized copy of Death Certificate of the deceased guardian. The attestation may also be done by a special executive magistrate, AMC authorised official or manager of a scheduled bank. |
4. | Bank attestation attesting the signature of the new guardian in a bank account of the minor where the new guardian is registered as the guardian. |
5. | KYC of the new guardian. |
1. | Duly filled and signed Minor Attaining Majority Form |
2. | KYC Confirmation Letter / KYC acknowledgment copy along with PAN Card copy. |
3. | Attach Any one of following: • Cancelled Cheque with Name & Account number printed on it. • Original Bank statement / Copy of the Bank Statement showing A/c holder Name and A/c No. duly attested by the relevant Bank Manager. • Copy of Pass book showing A/c holder Name and A/c No. duly attested by the relevant Bank Manager. |
The investor can change his tax status from Resident Individual to Non-Resident Individual and vice versa. Please refer the below offline and online procedures.
Offline Process:
1. | Submit a request for change in details/tax status to your respective KRA (KYC Registration Agency) (through whom your initial KYC was done) by submitting a duly filled and signed KYC Application Form with supporting documents for change in status from RI to NRI and vice versa. |
2. | After receipt of acknowledgement from the KRA, you need to submit a duly signed written request to this effect mentioning the NRO (Non-Resident Ordinary) bank account details with a cancelled cheque with name and account number preprinted/ Bank Statement/ Certified copy of the Pass Book to the AMC. |
Online Process:
1 | Visit www.QuantumAMC.com and click on “Login/Invest” |
2 | Login with your user id and password/OTP |
3 | Click on Manage Account > Modify Resident Status |
4 | A pop up message will be displayed requesting to submit a change in resident status request to the KRA > Click on ‘OK’ |
5 | Enter the required details and upload the documents as per the instructions provided |
6 | Click on “Submit” |
7 | An on-screen message will be displayed for the receipt of the request. Also an email and SMS will be triggered to the registered email id and mobile number respectively. |
NOTE: i) If photocopy of any document is submitted, it should be certified by the bank or investors must produce original for verification. Incase of change of tax status from RI to NRI, the bank account type should be a NRO Bank Account (Non- Resident Ordinary) only as the investment amount earlier was non-repatriable.
ii) It will take 10 working days for the change of resident status request to be processed ( subject to verification ).
1. | Submit a request for change in details/tax status to your respective KRA (KYC Registration Agency) (through whom your initial KYC was done) by submitting a duly filled and signed KYC Application Form with supporting documents for change in status from NRI to RI. |
2. | After receipt of acknowledgement from the KRA, you need to submit a duly signed written request to this effect mentioning the savings bank account details with a cancelled cheque with name and account number preprinted/ Bank Statement/ Certified copy of the Pass Book to the AMC. |
• | A duly signed written request by the unit holder mentioning your request to change the broker code should be submitted to AMC. |
If you have invested in multiple schemes of the same fund house with different folios or invested in same scheme with multiple folios, you can combine/merge all these folios into one consolidated folio instead of keeping track of each scheme/each folio separately in a scheme or across multiple schemes. This process is called consolidation of folios.
Most investors fill in a fresh application form even while investing in the same Mutual Fund or investors tend to invest in same scheme with different folio in case he wants to invest with different holding pattern. This leads to creation of multiple folios (accounts) and investors may find it difficult to maintain and keep records. Mutual Funds and Registrars have given investors the option to CONSOLIDATE all their folios in the same Mutual Funds into one single folio. Consolidation is the merger of two or more folios into one single folio however subject to some parameters/conditions/criteria.
Consolidating folios into one would give you the benefit of having to track and transact in one folio and allow you a single view of your investments in the Fund - all investments in a Fund would reflect in a single statement under one folio.
Process:
Offline: A duly filled and signed Folio Consolidation Form by the unit holders (according to mode of holding).
Online:
To know more about the consolidation please Click Here
1. | A duly signed written request from the investor |
2. | Notarized POA document |
3. | KYC copy of the POA holder |
4. | List of authorized signatories (Incase the POA is a non – individual) |
1. | Duly signed written request should be submitted to the AMC with the supporting. |
2. | Cancelled cheque copy (Applicable only to change from Cheque to Electronic). |
• | A duly signed written request from both the holders registered under the folio should be submitted to the AMC. |
Yes, you can add or delete the joint holders in your existing folio. This is allowed for joint, anyone / Survivor or single mode of holding. You can avail this facility by submitting the requisite forms. Click here to view more details and to Download Forms for Addition or Deletion of joint holders.
Documents for Deletion of holder/s in a folio incase of demise of the joint holder.
> A duly signed written request to be submitted by the surviving unit holder should be submitted to the AMC with supporting documents.
> In case of death of any unit holder, the surviving joint holder(s) have to follow the transmission procedure on the name of the surviving joint holder(s).
Deletion of First holder is not allowed except in case of transmission (demise of first applicant). Click here to know more on Transmission of units.
1. | Multiple Bank Registration Form should be submitted to the AMC/ along with the supporting documents. |
2. | Cancelled Original Bank Cheque or attested copy of Bank statement/ Certificate / Bank Pass Book. |
• | Redemption amount will be credited in default bank. |
• | The requests for addition/change/deletion/modification in the registered bank account(s) should be submitted using the designated application form only. Requests received on a plain paper are liable to be rejected. |
1. | Letter in writing with the new signature should be submitted to AMC / Karvy Collection Center with supporting documents. |
2. | The signature must be attested by the bank manager of unitholder’s registered bank. |
3. | Any other document evidencing the signature. |
The investor can change his/her Email-id and Contact number under the folio.
Process:
Online - You can change your Email Id and contact details through "Manage Account>Modify Contact Details/Modify Email id" option under the Invest Online section. Please note that PIN is required for change of each criteria.
Offline - You can update your email id/ contact number by any of the following way.
1. | KYC Detail Change Form should be submitted (completed with IPV) to the respective KYC Registration Agency (KRA). |
2. | Attested documents for proof of Identity & Address (attested by authorities mentioned in the form) |
KRA generally takes 15 days for updation of these information (however it can be delayed due to various reasons). Once the details get updated in the respective KRA, it will get updated in our records as well.
You can submit your applications along with all required supporting documents as mentioned below:
1. | Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021 |
2. | Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India. |
1. | Duly signed written request should be submitted to AMC/Karvy collection Centre |
2. | Affidavit / Notarized copy of name change document |
3. | Attested copy of PAN |
4. | Notarized copy of marriage certificate (Applicable for name change due to marriage) |
Investors having Bank Accounts with the banks participating in National Payments Corporation of India (NPCI) for payment through Interbank Mobile Payment Solution (IMPS) facility can invest in Quantum Mutual Fund Schemes.
The customer having account with any of these banks should register for IMPS service with the Bank. The registration process shall be as per the procedure laid down by each bank.
EXISTING INVESTOR | NEW INVESTOR | |
---|---|---|
Bank Name | HDFC Bank | HDFC Bank |
Bank A/c Type | Current A/C | Current A/C |
Beneficiary Account Number (QUANTUM and Folio no./PAN no.) | QUANTUM1234567 | QUANTUMABCDE1234F |
Beneficiary Name | QUANTUM MUTUAL FUND | QUANTUM MUTUAL FUND |
Branch Address | Sandoz Branch | Sandoz Branch |
IFSC Code | HDFC0000240 | HDFC0000240 |
Yes, you can now invest in Quantum Mutual Fund Schemes through the Interbank Mobile Payment Service (IMPS) mode on our website www.QuantumMF.com / www.QuantumAMC.com.
Mr. Pankaj Pathak (Since March 1, 2017) is managing the scheme.
Mr. Pankaj Pathak has overall 8 years of experience in debt market. Wherein 6.5 years in trading in fixed income securities, Economic Research and CRR / SLR management. He has been with Quantum Asset Management Company Pvt. Ltd. since August 2013.
Prior to joining Quantum, he was associated with Bank of Maharashtra.
He holds an B.Sc. (Electronics), degree and has completed his Post Graduate Diploma in Banking & Finance, passed all levels of CFA from CFA Institute (USA), JAIIB and CAIIB from Indian Institute of Bank Management.
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: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. | Through the stock exchange platform |
5. | Through your financial advisor |
The Benchmark Index for the Scheme is the CRISIL Composite Bond Fund Index. The Crisil Composite Bond Fund is an index comprising of Government securities and AAA/AA rated Corporate bonds. Since QDBF would invest a large proportion of its assets in government securities and top rated PSU companies, the Crisil Composite Bond Fund would be an appropriate benchmark for it.
Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Click here to understand the details on Taxation
Load structure for the Quantum Dynamic Bond Fund is mentioned below:
Entry Load: 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 and upfront commission to the distributors will be paid by the investor directly to the Distributor, based on his/her assessment of various factors including the service rendered by the distributor.)
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 or switch out from the scheme.
Please refer below table for the minimum amount required to invest or redeem in the Quantum Dynamic Bond Fund.
Minimum Amount | Amount in Rs. |
---|---|
Growth Option | Rs. 500/- and in multiples of Re. 1/- thereafter. |
Monthly Dividend Payout Option | Rs. 500/- and in multiples of Re. 1/- thereafter. |
Monthly Dividend Re-investment Option | Rs. 500/- and in multiples of Re. 1/- thereafter. |
Additional Investment in all options | Rs. 500/- and multiples of Re. 1/- thereafter / 50 units |
Redemption/ Switch Out in all options | Rs. 500/- and multiples of Re. 1 thereafter OR account balance whichever is less / 50 units |
NAV Applicability
If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;
Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;
For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:
The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.
Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.
The scheme offers Growth Option, Monthly IDCW Payout Option and Monthly IDCW Reinvestment Option.
Debt Funds or Income Funds are mutual fund schemes which invest in debt securities and money market instruments. They aim to generate income and moderate capital appreciation with relatively lower risk.
The Quantum Dynamic Bond Fund is a debt fund which gives the fund manager flexibility to actively manage the portfolio based on interest rate view. The fund will primarily invest in Government Securities and PSU Bonds / instruments rated AAA/ AA and so forth, thereby minimizing Credit Risk. It will focus on capital appreciation by taking positions when the fund management team feels interest rates would come down and try to minimize capital losses when the fund management team feels interest rates are going up.
Quantum Dynamic Bond Fund – QDBF is an Open Ended Dynamic Debt Scheme Investing Across Duration with defined credit exposure and dynamic maturity profile. The fund will tend to invest in high quality debt and money market instruments. The fund manager would have the flexibility to actively manage the portfolio based on interest rate views. If interest rates are expected to rise, it will invest in short term securities that mature early and re-invest the proceeds at higher rate. Conversely if interest rates are expected to fall the scheme would invest in long term bonds to lock in high interest rates. And if interest rates fall subsequently the value of bond will increase providing capital growth.
Some attributes of QDBF other than the complete transparency we offer are;
• | QDBF offers a solution for all your long term debt investment needs. |
• | QDBF will be managed by an experienced Fund Management team with proven track record of managing debt products. The research will be undertaken in-house; it will not be dependent on third party research. |
• | QDBF minimizes credit risk by investing majority of its assets primarily in Government securities or in PSU bonds which are rated as AAA /AA and so forth by a SEBI registered credit rating agency. The fund will not invest in private corporate paper this reduces the inherent credit/default risk of the portfolio. Credit risk is the risk of loss due to default by a borrower. |
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.
The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.
Switch options: 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
The scheme may invest in the following Instruments:
Instruments | Indicative Allocation (% of Net Assets) | Risk Profile | |
Maximum | Minimum | High/Medium/Low | |
Government Bond/Bills | 100 | 25 | Low to High |
PSU Bonds | 50 | 0 | Medium to High |
Certificate of Deposits/Commercial Paper/Short Term Debt Instruments | 75 | 0 | Low to Medium |
CBLO/Repos | 100 | 0 | Low |
The above asset allocation is only indicative and may change from time to time, keeping in view the market conditions and applicable rules and regulations.
Quantum Dynamic Bond Fund will offer active interest rate management by altering the maturity profile of the portfolio at appropriate time, based on interest rate views of the fund manager.
The scheme will not invest in repo of corporate debt securities and Credit Default Swaps (CDS). Major portion of assets will be invested in Government bonds and/or PSU Bonds.
View the current portfolio,select the scheme name along with the year and month that you wish to view.
To generate income and capital appreciation through active management of portfolio consisting of short term, long term debt and money market instruments.
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.
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:1. | Through our Login portal |
2. | By submitting physical transaction requests offline |
3. | Through your mobile phone/computer using Mobile App, SMS, WhatsApp, Email, Fax |
4. | Through the stock exchange platform |
5. | Through your financial advisor |
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.
To check the performance of the Quantum Multi Asset Fund of Funds you will have to go through the current factsheets.
Click here for detailed Scheme Factsheet.
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 Value Fund and Quantum Multi Asset Fund of Funds. Nilesh is a qualified CFA (Chartered Financial Analyst), and has completed his Masters in Management Studies (Finance) from the Mumbai University.
Direct Plan:
The expense ratio of the Direct Plan of the Quantum Multi Asset Fund of Funds is 0.10% p.a. with effect from August 19, 2020 (Post GST).
Regular Plan:
The expense ratio of the Regular Plan of the Quantum Multi Asset Fund of Funds is 0.47% p.a. with effect from August 19, 2020 (Post GST).
Load structure for the Quantum Multi Asset Fund of Funds is mentioned below:
* 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.
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!?”
Please refer below table for the minimum amount required to invest or redeem in the Quantum Multi Asset Fund of Funds.
Minimum Amount | Amount in Rs. |
---|---|
Initial Investment | Rs. 500/- and multiples of Re. 1/- thereafter |
Additional Investment | Rs. 500/- and multiples of Re. 1/- thereafter / 50 units |
Redemption/ Switch Out | Rs. 500/- and multiples of Re. 1 thereafter OR account balance whichever is less / 50 units |
NAV Applicability
If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;
Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;
For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:
The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.
Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.
Quantum Multi Asset Fund of Funds may invest in the following Instruments:
Instruments | Minimum allocations(% of Total Assets) | Maximum allocations(% of Total Assets) | Risk Profile (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.
View the current portfolio,select the scheme name along with the year and month that you wish to view.>.
The scheme offers only Growth Option
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.
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 of Funds - QMAFOF 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.
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 QMAFOF other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;
• | QMAFOF 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. |
• | QMAFOF constantly monitors assets and performs constructive rebalancing of the portfolio according to the changing market conditions. |
• | QMAFOF offers freedom from monitoring different asset class instruments and helps to reduce your hassles by investing in one single scheme. |
• | QMAFOF is an extension of traditional balanced fund with more diversification. |
• | QMAFOF aims to reduce risk of losing portfolio value and generate modest capital appreciation. |
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.
The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.
Switch options: 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 Nifty 50 ETF is listed on the National Stock Exchange (NSE) with the symbol QNIFTY. You can buy/sell Quantum Nifty 50 ETF units on the National Stock Exchange, through your stock broker, or through your online trading service. Each unit of QNF will be approximately equal to 1/10th (one tenth) of the Nifty 50.
The investment process will change according the category you fall under i.e. Retail Investor and Large Investor or Authorised Participants (AP).
• | Units of the QNF 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 QNF 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 QNF 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 QNF 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. QNF can be found under the equity section, and not mutual fund section, of your online trading service. |
Broker codes for some of the online trading services are mention below:
Broker Name | QNIFTY Unit Ticker |
---|---|
HDFC Securities | QUAINDEQNR |
ICICI Direct | QINDEX |
Sharekhan | QNIFTY |
LARGE INVESTORS AND AUTHORISED PARTICIPANTS- To read more on how to invest for Large investors/AP please read the SID of Quantum Nifty 50 ETF or please click here.
Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends.Click here to understand the details on Taxation
To check the performance of the Quantum Nifty 50 ETF Fund you will have to go through the current factsheets.
Click here for detailed Scheme Factsheet.The performance of the Quantum Nifty 50 ETF will be benchmarked to the performance of Nifty 50 - Total Return Index. The scheme will track Nifty 50 - Total Return Index and portfolio of the scheme comprises by replicating the Index in the same weightage as in the Nifty subject to tracking error. Thus, the aforesaid benchmark is such that it is most suited for comparing performance of the scheme.
Mr. Hitendra Parekh is managing the scheme.
Click here to view his complete profile.
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).
NAV Applicability
If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;
Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;
For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:
The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.
Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.
Current expense ratio is 0.094% p.a. with effect from September 30, 2020. (0.08% excluding statutory levies and taxes).
Effective 01 Dec 2018, the base TER has undergone a change, however the Total Expense Ratio remains the same.
The Quantum Nifty 50 ETF may invest in the following Instruments:
Instruments / Securities Covered | Indicative Allocation (% of total Assets) | Risk Profile | |
---|---|---|---|
Securities covered by the Nifty 50 | 90% | 100% | High |
Money Market Instruments, other short term debt instruments as permitted under SEBI (Mutual Funds) Regulations, 1996 and Liquid Schemes of Mutual Funds | 0% | 10% | Low |
The AMC uses a "passive" or indexing approach to try and achieve Schemes Investment objective. The scheme would alter the scrips /weights as and when the same are altered in the Nifty 50 Index.
View the current portfolio,select the scheme name along with the year and month that you wish to view.
Systematic Investment Plan, Systematic Transfer Plan and Systematic Withdrawal Plan are not available under Quantum Nifty 50 ETF.
Investors do have the option of regularly buying units from the listed exchanges and accumulating their QNF holdings.
The investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavor to achieve returns equivalent to the Nifty by “passive” investment. The scheme will be managed by replicating the Index in the same weightage as in the Nifty 50 Index with the intention of minimizing the performance differences between the scheme and the CNX Nifty Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error.
Quantum Nifty 50 ETF 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.
An Index ETF is fund that has any stock exchange index as the underlying security. So, the value of the ETF is derived from the value of underlying index. Index ETF would be a passive investment; so, when index prices move up, the ETF appreciates and when index prices move down, the ETF price comes down. As Index ETFs track Index prices, the only differentiating factor would be the costs borne by the Fund House.
Quantum Nifty 50 ETF – QNF seeks to offer investors a cost-efficient way to invest in Nifty 50 Index. It is an open ended scheme replicating / tracking Nifty 50 Index. The units of QNF issued under the scheme will be approximately equal to the price of 1/10 (one-tenth) of the Nifty 50 Index. Through the lower cost of operations, QNF would provide investors an excellent means of investing in Nifty 50 Index which is a broad based diversified index.
Investor looking for long term investments across shares which are part of Nifty 50 Index can invest in QNF. Some attributes of QNF are;
• | QNF offers diversification as it comprises of a basket of securities, which inherently provides diversification across an entire index. |
• | QNF gives you a better idea beforehand about where your money will be invested. The performance of QNF generally corresponds to the underlying Index. |
• | As a retail investor, you might not be able to afford the entire basket of underlying stocks. QNF offers affordability as the unit cost is low when compared to the prices of its constituents. E.g. Assume that ABC Industries forms approximately 10% of the CNX NIFTY Index. To buy one unit (share) of the same the investor has to pay approximately Rs. 800.00 (the current price of ABC Industries on Stock exchange). But by investing Rs. 500.00 in QNF (which consists of ABC Industries approximately 10%) the investor is buying Rs.50.00 worth of ABC Industries share (1/10th of Rs.500.00) and also getting exposure to 90% of other CNX NIFTY stocks. |