Type

Scheme


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.

Process:
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.

Note:
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.


Kindly refer to FAQs on nomination on the same for additional details.

Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Know more on the Tax implications

Click here to view the entire list of who can invest?
Click here to view the entire list of who cannot invest?

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 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

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 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.

Please refer below table for the minimum amount required to invest or redeem in the Quantum Nifty 50 ETF Fund of 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


The provision for Minimum Application amount for Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP):

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 Tier 1 Benchmark Index for the Scheme is Nifty 50 – Total Return Index. The Benchmark has been selected as the Scheme being Fund of Fund scheme investing in Quantum Nifty ETF – Exchange Traded Fund investing in securities of companies comprising in Nifty 50 Index.
Therefore, the aforesaid benchmark is most suited for comparing performance of the Scheme.

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.

The investment objective of the scheme is to provide capital appreciation by investing in units of Quantum Nifty 50 ETF - Replicating / Tracking Nifty 50 Index.

An Open ended Fund of Fund Scheme investing in Quantum Nifty 50 ETF Fund of Fund.

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.



Note:

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.

The SMILE facility can be opted under Growth option.

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

PurposeTax to be collectedTax to be deducted
ApplicabilitySellerBuyer/Purchaser
Counter partyResident BuyerResident 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.F1st October, 20201st July, 2021
Timing of tax deductionAt the time of receiptPayment 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)
Form27EQ26Q
Certificate to be issued to seller/buyerForm – 27DForm – 16A
Example
Sr. No

 Buyer's Turnover

Seller's Turnover

Transaction Value`

Applicability of Section

15 cr11 cr55 lakhs206C (1H) - Seller will collect TCS
215 cr7 cr58 lakhs194Q - Buyer will deduct TDS
312 cr13 cr54 lakhs194Q - Buyer will deduct TDS
47 cr5 cr58 lakhsNone
512 cr15 cr45 lakhsNone

The procedure to update the Authorized Signatory List is as follows.
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.

Transmission of units is done in the event of the death of the first unit holder wherein only the transfer of units will take place from the unit holder’s name to the claimant’s name.
Process:

1. Applicants/Claimants should submit the duly filled and signed Transmission Form along with the prescribed documents as per situation as specified in the AMFI Circular.

2. The transmission process is specific to mode of holding. Kindly click here for Common Transmission Forms for different scenarios, list of documents & Annexures to be submitted for transmission of units.

You may submit completely filled and duly signed Transmission Form with requisite documents and Annexures as prescribed in the Ready Reckoner to our AMC branch or KFin Technologies Private Limited collection centers closest to you. Please Click here to refer our Office Address, Contact Details and KFin Technologies Private Limited collection centers nearest to you.

Our AMC branches and KFin Technologies Private Limited collection centers are closed till further notice as a preventive measure against the spread of novel coronavirus. We suggest you to submit the documents post our branches and collection centre reopens. Currently we do have few KFin Technologies Private Limited collection centers open for operational from 09:00 am to 04:30 pm for submitting documents offline. You may Click here for the complete list of operational collection centers where you may submit the application.

Note:
       i. The redemption request given with transmission will not be processed and the claimant will have to submit a redemption request after the transmission is completed.

       ii. A new folio will be created for all transmission cases.

       iii. For Death Certificate (DC) issued outside India, the DC should be attested by Indian Embassy located in the country issuing the DC or embassy of the country issuing DC located in India.


Kindly refer to AMFI guidelines on the same for additional details.

Note:
a. The ongoing systematic transactions (SIP/STP/SWP) will be terminated post the transfer of units into the new folio.
Post the transfer of units, the claimant has to provide the new folio number allotted to him for any financial/non-financial transaction.

b. As per the ELSS, in the event of the death of the 'Assessee', the nominee or legal heir as the case may be shall be able to withdraw the investment only after the completion of1 (one) year from the date of allotment of the Units to the 'Assessee'. Accordingly, transfer of Units (allotted to 'Assessee' as defined under the ELSS) to nominees as mentioned above will be carried out only after the completion of 1 (one) year from the date of its allotment. The restriction of 3 (three) year shall apply to units allotted to investors other than the deceased 'Assesses' referred to above.

For any further guidance or assistance on Transmission, you may reach us on our below given helpline number or email us

TollFree Number: 1800 22 3863 / 1800 209 3863

Email Id: [email protected]

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 DutyNo. of DaysImpact in % terms (Absolute/day)Impact in % terms (Annualised)
0.005%10.0050% 1.825000%
20.0025% 0.912500%
30.0017% 0.608333%
40.0013% 0.456250%
50.0010% 0.365000%
60.0008% 0.304167%
70.0007% 0.260714%
300.0002% 0.060833%
600.0001% 0.030417%
900.0001% 0.020278%
1800.0000% 0.010139%
2700.0000% 0.006758%
3650.0000% 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

No, as no consideration is involved and stamp duty is already deducted during unit issuance.

In case of issuanceofunits under dividend reinvestment, stamp duty will be deducted from the dividend amount (post TDS if any) and units will be created for the balance amount.

Yes

No, as no consideration is involved and stamp duty is already deducted during unit issuance.

No

Yes

All categories of mutual fund schemes would be covered under stamp duty charges.

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.DescriptionApplicable new rate
1Issue of security0.01%
2Transfer of security0.02%

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 :

  1. Visit www.QuantumAMC.com > Partner Corner > Partner Login
  2. Login with OTP
  3. Select ‘SIP Modification’ under the ‘Transaction’ menu
  4. Select/Enter the folio and click on ‘Submit’
  5. The details of the existing SIPs will display. Click on ‘Modify’ for the SIP to be modified
  6. Enter the required details and click on ‘Submit’
  7. Confirm the SIP modification by clicking on ‘OK’ option
  8. An email with the link to complete the SIP modification will be triggered to the investor’s registered email Id
  9. After clicking on the link, the investor has to click on ‘Send OTP’. An OTP will be sent to investor’s registered email id & mobile number. Investor to confirm the transaction by entering the OTP received and has to click on ‘Submit’
  10. An on-screen message will be displayed. Also an email and SMS acknowledgement will be triggered to the investor’s registered email id and mobile number respectively
  11. The modification of SIP instructions will take a minimum of 15 days for registration.
Note:
  1. The existing SIP will be cancelled within 15 days and till the cancellation is effected in the system, the earlier SIP installment may be debited from the investor’s bank account. Modification in SIP will be effected as per the Start date as approved by the investor.
  2. If the modification is done in the SIP amount, the investor has to change the amount in the ‘Bill Pay’ section also of the Net Banking Portal, provided he have set any limit for the SIP amount while registering the URN.
  3. SIP registered by investor through online mode only can be modified through this module.

To know more about online investing please Click Here.

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 allotmentNIL
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 allotmentNIL

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.

Click here to view the entire list of who can invest?
Click here to view the entire list of who cannot invest?

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
Choose your preferred mode and click on the below links to read more and invest with us.

Quantum Mutual Fund

Please note that for ETF schemes i.e. Quantum Gold Fund ETF and Quantum Nifty 50 ETF you will have to read the respective SID of the schemes.

Please refer below table for the minimum amount required to invest or redeem in the Quantum India ESG Equity Fund.

Minimum AmountAmount in Rs.
Initial InvestmentRs. 500/- and multiples of Re. 1/- thereafter
Additional InvestmentRs. 500/- and multiples of Re. 1/- thereafter / 50 units
Redemption/ Switch OutRs. 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:

InstrumentsIndicative Allocation
(% of Net Assets)
Risk Profile
MinimumMaximumHigh/ Medium/ Low
Equity  & Equity Related Instruments following ESG Criteria80100High
Money Market Instruments020Low

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:

  1. Select Language
  2. Select option 3 from Main Menu for Existing Investors
  3. Enter the Folio Number in which you wish to transact
  4. Select option 2 if you already have a TPIN, else select 1 to generate a TPIN
  5. After entering the valid TPIN, please refer the below procedure for commercial and non-commercial transactions.

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 lumpsum
b. Lumpsum with SIP
c. Only SIP

Multiple 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 :

  1. Visit www.QuantumAMC.com > Partner Corner > Partner Login
  2. Login with OTP
  3. Select ‘SIP Modification’ under the ‘Transaction’ menu
  4. Select/Enter the folio and click on ‘Submit’
  5. The details of the existing SIPs will display. Click on ‘Modify’ for the SIP to be modified
  6. Enter the required details and click on ‘Submit’
  7. Confirm the SIP modification by clicking on ‘OK’ option
  8. An email with the link to complete the SIP modification will be triggered to the investor’s registered email Id
  9. After clicking on the link, the investor has to click on ‘Send OTP’. An OTP will be sent to investor’s registered email id & mobile number. Investor to confirm the transaction by entering the OTP received and has to click on ‘Submit’
  10. An on-screen message will be displayed. Also an email and SMS acknowledgement will be triggered to the investor’s registered email id and mobile number respectively
  11. The modification of SIP instructions will take a minimum of 15 days for registration.
Note:
  1. The existing SIP will be cancelled within 15 days and till the cancellation is effected in the system, the earlier SIP installment may be debited from the investor’s bank account. Modification in SIP will be effected as per the Start date as approved by the investor.
  2. If the modification is done in the SIP amount, the investor has to change the amount in the ‘Bill Pay’ section also of the Net Banking Portal, provided he have set any limit for the SIP amount while registering the URN.
  3. SIP registered by investor through online mode only can be modified through this module.

Non-Financial Transactions:
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.

  1. Login with your ARN/RIA/RM under the Partner Login Module
  2. Click on Transactions > Quick New Purchase
  3. Enter the investor details as below:
    a. PAN (The investor’s name will be retrieved from the IT site automatically after entering the PAN)
    b. Aadhaar Number (Optional)
    c. Email id
    d. Mobile number
    e. Annual Income
    f. Occupation Type
    g. Scheme details
    h. Amount of Investment
  4. Click on ‘Submit’
  5. A link will be sent to the investor’s email id. The distributor will also be copied in this mail for reference purpose. (This link will be valid for 7 calendar days)
  6. Investor has to click on the link to enter the bank details and click ‘send otp’
  7. OTP will be sent to his registered email id & mobile number. Investor to confirm the transaction by entering the OTP received
  8. Make the payment for the said transaction
  9. Investor will receive an email and SMS acknowledgement as a confirmation for completing the transaction.

Note:

1) The below details are prefilled by default which cannot be amended while doing an online quick new purchase.

   • Tax Status – Resident Individual
   • Mode of Holding – Single
   • Nomination - I do not wish to nominate
   • Account Type – Savings Account
   • FATCA details –
      • Politically Exposed Applicant – No
      • Related to Politically Exposed Applicant – No
      • Country of Birth of Applicant – India
      • Country of Citizenship/Nationality of Applicant – India
      • Tax Resident of Any Other Country than India – No
      • Broker /RIA/RM Code will be taken of the person initiating the transaction
      • Demat Type - Non-Demat mode

Investors can later submit online/offline/email request for any changes in the above details.

The units will be issued only in dematerialized form through depositories.

To avail the same you should have a Demat/beneficiary account with a DP and need to mention all the details of your account no. and DP while filling the application form.

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.

An investor can transact by submitting a physical MFU Transaction Form at a MFU Point of Service (POS) or through a distributor who has signed-up with MF Utilities India Pvt Ltd (MFUI).

Offline NACH/OTM cancellation - The turnaround time for One Time Mandate cancellation is 15 calendar days.
Online NACH/OTM cancellation - The OTM gets cancelled on real time basis.

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.

  • (a) When the application is received up to 3.00 pm – the lower of (i) NAV of previous Calendar Day and (ii) NAV of Calendar Day on which application is received; will be considered.
  • (b) When the application is received after 3.00 pm – the lower of (i) NAV of the Calendar Day on which such application is received, and (ii) NAV of the next Calendar Day will be considered.

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)

[email protected]

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

www.QuantumAMC.com

No. In such a case the investor has to approach his Depositary Participant.

Yes. Post going to the ‘Nomination’ option by entering the PIN, the investor will be able to view his existing nominee details in a table format on the main screen which will give information like nominee name, PAN, Date of Birth etc.

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%

Expense ratio for Quantum Gold Fund is 0.78%
Expense ratio for Quantum NIFTY 50 ETF is 0.094%

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

No. There is no exit load while switching from Direct Plan to the Regular Plan. However, please note that such a switch would be a taxable event, wherever capital gains tax applies.

No. You can continue investing directly with us and being serviced directly by us even though you have invested through a Distributor. However, we do recognize that a few investors may need the assistance and the help of a Distributor to plan their investments while also wanting to be serviced by their Distributors. In such a scenario, as per the Regulatory Guidelines, these investors will need to switch from Direct Plan to Regular Plan as we will not be able to share data feeds with the Distributor who in turn in absence of data will not be able to service such investors.

No. Quantum will continue servicing its investors as it continues to offer Direct Plan, irrespective of whether they have come through Distributors or directly under the Direct Plan. All existing investors who would have come through Distributors will remain in our Direct Plan at the existing expense ratio and investors can transact funds under the Direct Plan from the Quantum website i.e., you can purchase, switch, redeem funds and perform all other transactions as always.

Yes, you can continue to transact funds under the Direct Plan or Regular Plan from the Quantum website i.e., you can purchase, switch, redeem funds and perform all other transactions as always.

No. There is no change in Quantum's philosophy. Ever since its inception, Quantum has always maintained transparency in its approach by adopting a team-driven, well-defined research and investment process that has generated positive results for our investors over the long term. Till transparency on distributor commissions came into the system, Quantum reiterated the fact that we would pay Rs. ZERO. In October 2016, things changed. SEBI's new rule necessitates all mutual fund houses to disclose the exact commission paid to distributors in the half-yearly Consolidated Account Statement (CAS) that is sent to investors. Hence we launched a Regular Plan. Click here to know more on Quantum's philosophy.

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:



ScenarioBroker Code Mentioned by the investorPlan mentioned by the investorDefault Plan to be captured
1Not mentionedNot mentionedDirect Plan
2Not mentionedDirectDirect Plan
3Not mentionedRegularDirect Plan
4MentionedDirectDirect Plan
5DirectNot mentionedDirect Plan
6DirectRegularDirect Plan
7MentionedRegularRegular Plan
8MentionedNot mentionedRegular 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.

Investments sourced before April 1, 2017 will continue to remain under the Direct Plan, till such time as an investor switches from Direct Plan to Regular Plan. There will be no automatic transfer to Regular Plans. Please note that such switches may entail tax consequences which need to be considered and understood before proceeding.

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:

ScenarioARN Code mentioned by the investorPlan mentioned by the investorDefault Plan to be captured
1Not mentionedNot mentionedDirect Plan
2Not mentionedDirectDirect Plan
3Not mentionedRegularDirect Plan
4MentionedDirectDirect Plan
5DirectNot MentionedDirect Plan
6DirectRegularDirect Plan
7MentionedRegularRegular Plan
8MentionedNot MentionedRegular 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.

Incase of multiple Partners/RIAs registered under a folio, the Partner/RIA will be able to view only those folios through which the Partner/RIA has already placed a transaction earlier / folios under which that Partner/RIA is registered.

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.

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.

The Various features that the Partner/RIA can avail are:
MY PROFILE:
This feature will enable the Partner/RIA to view his/her personal details.
Note : Details submitted by the Partner/RIA at the time of registration with us would be displayed initially in the My Profile menu and the same would be subsequently replicated with the KYD details
FAQ : This section will provide the Partner with various information pertaining to Partner portal.
INITIATE TRANSACTION:
Partner/RIA will be allowed to initiate Quick New Purchase, Additional Purchase, Redemption, Switch and SIP registration and SIP modification transactions on behalf of the investor.

Yes, you can distribute our funds online after signing an Online Distribution Agreement with us.

The amount of the commission payable to the Partner will be directly credited to his account via NEFT/RTGS in case of the valid IFSC code and Core Banking account number is provided. If payment through both the mode is unsuccessful then we request the partner to provide the new bank details and once the partner updates the bank details in our records, we will release the payout/s.

The Partner will get the trail commission on a monthly basis, with 10 Business Days from end of every month. . The same will be directly transferred to the Partner’s bank account.

Only if a Partner has done the registration with us, and has not violated the terms and conditions of registration as specified by Quantum; and fulfills all the terms of ARMFD as specified by AMFI and/or SEBI; will he/she receive commissions.
Note: A person having a RIA code is not eligible for the commission from Quantum Mutual Fund.
Click Here to go through the Terms and Conditions if you are a Partner
Click Here to go through the Terms and Conditions if you are an RIA

The Quantum philosophy has always been to keep costs low for investors and focus on investing for the long term. Thus by not paying high or any upfront commissions we not only maintain lower costs but also remove the temptation of switching to and from Quantum funds for short term gains. Our commission structure is built to better compensate Partners who bring investors for the longer term while maintaining a low expense ratio which works in the interest of investors.

There is no upfront commission payable

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 NamePartner Commission (Inclusive of applicable Statutory Levies and Taxes - GST @ 18%)
Quantum India ESG Equity Fund0.75%*
Quantum Long Term Equity Value Fund0.50%
Quantum Tax Saving Fund0.50%
Quantum Equity Fund Of Funds0.24%
Quantum Multi Asset Fund of Funds0.37%*
Quantum Dynamic Bond Fund0.12%
Quantum Gold Savings Fund0.15%*
Quantum Liquid Fund0.10%

Below structure is effective from March 01, 2019. *New commission structure for Quantum Liquid Fund w.e.f February 1, 2020

Fund NamePartner Commission (Inclusive of applicable Statutory Levies and Taxes - GST @ 18%)
Quantum India ESG Equity Fund0.50%
Quantum Long Term Equity Value Fund0.50%
Quantum Tax Saving Fund0.50%
Quantum Equity Fund Of Funds0.24%
Quantum Multi Asset Fund of Funds0.24%
Quantum Dynamic Bond Fund0.12%
Quantum Gold Savings Fund0.12%
Quantum Liquid Fund0.10%*

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 Fund0.17%
Quantum Tax Saving Fund0.17%
Quantum Equity Fund Of Funds0.12%
Quantum Liquid Fund0.06%
Quantum Dynamic Bond Fund0.12%
Quantum Multi Asset Fund of Funds0.12%
Quantum Gold Savings Fund0.12%

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:


  • Quantum Long Term Equity Value Fund,
  • Quantum Equity Fund of Funds,
  • Quantum Dynamic Bond Fund,
  • Quantum Multi Asset Fund of Funds
  • Quantum Gold Savings Fund
  • Quantum Liquid Fund
  • Quantum India ESG Equity Fund


Schemes Not Eligible for SMILE Facility are:


  • Quantum Tax Savings Fund
  • Quantum Gold Fund ETF
  • Quantum Nifty 50 ETF

Please refer to the table below for details on who can opt for this facility and the mode of availing for the facility.
Investor CategoryExisting / New InvestorMode of Availing Facility
Resident IndividualNew as well as ExistingOffline* & Online
HUFNew as well as ExistingOffline* Only
Companies / LLPNew as well as ExistingOffline* Only
SocietiesNew as well as ExistingOffline* Only
Partnership FirmNew as well as ExistingOffline* Only
TrustsNew as well as ExistingOffline* Only
NRI with terms and conditions as prescribed in the SMILE form.New as well as ExistingOffline* & Online
*Please note that as a temporary accommodation, Non-Individual investors can share the documents through email. However, this could change once the pandemic induced lockdown is reversed and branches open for business.
Note : This facility is available for non-demat investors only

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.

  • Initiate a transaction - A person appointed by the investor as the Q Mitra can initiate a transaction request on behalf of the investor. The transaction request initiated by the Q Mitra shall be processed on confirmation / verification from the investor. If for any reason confirmation / verification is not completed then the transaction initiated by Q Mitra will not be processed and request shall stand rejected by the AMC.
  • Verification Call - The Q-Mitra will be contacted by Quantum Mutual Fund only if the primary holder is not contactable for any verification / confirmation through call/email. Post successful registration of Q-Mitra, he will be authorized to verify/confirm on behalf of the Investor over the call/email received from our Customer Care Team and the verification calls are made to Investors presently for transactions submitted by Investors through Whatsapp, Hike, SMS, Email etc. Also calls are made for guiding the investor in case of any rejections and for collecting Investor details. In case the Investor is not contactable, these calls as mentioned above will be made to the registered 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
  1. Visit www.quantumamc.com
  2. Click in Login using your user id/PAN and password/OTP
  3. Click on ‘Q-Mitra under Manage Account Tab
  4. Enter your PIN and click on submit
  5. Click on ‘Modify Q-Mitra’
  6. Enter the email id/mobile number that you want to change/modify
  7. Click on ‘Update’ option and confirm your request

 

Investor has to duly filled and signed Q-Mitra Form.
(Tick on the ‘Modification’ option)
Click Here to download the form now

 

Note: Only Email Id and mobile number can be modified through the ‘Modify’ option.

Deletion of Q-Mitra details:

OnlineOffline
  1. Visit www.quantumamc.com
  2. Click in Login
  3. Login using your user id/PAN and password/OTP
  4. Click on ‘Q-Mitra under Manage Account TabM
  5. Enter your PIN and click on submit
  6. Click on ‘Delete Q-Mitra’
  7. Select the Q-Mitra that you want to delete
  8. Click on ‘Delete’ option and confirm your request

Investor has to fill the Q-Mitra Form.
(Tick on the ‘Deletion’ option)
Click Here to download the form

An Investor can add upto two Q-Mitras in his/her folio.

Q-Mitra can be registered online as well as through the offline mode.

OnlineOffline
  1. Visit www.quantumamc.com
  2. Click in Login
  3. Login using your user id / PAN and password / OTP
  4. Click on ‘Q-Mitra’ under the Manage Account tab
  5. Enter your PIN and click on submit
  6. Click on ‘Add Q-Mitra’
  7. Either select the Q-Mitra from your existing joint holders/nominees/distributor or enter the details of the person whom you want to add as a Q-Mitra
  8. Click on ‘Add’ option and then confirm the request

 

Investor has to fill and sign Q-Mitra Form.
(Tick on the ‘Addition’ option)

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 :

  1. PAN Card number
  2. Name of the Q-Mitra
  3. Email Id
  4. Valid mobile number not more than 10 digits

  1. This facility is available for existing individual investors only.
  2. All unit holders in the folio should be KYC compliant to avail this facility.

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.

Click here to view the entire list of who can invest?
Click here to view the entire list of who cannot invest?

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).

A password protected SOA is sent to our investors for security reasons. It is in the best interest of the investor that we do this. The details in the SOA are confidential e.g. (PAN, no of units, bank details etc) which should be known only to the rightful Investor. In this way the password protection to the SOA will work as an additional security measure to protect your confidential information.

This facility has been discontinued

  • Change or Updating of Mobile No / Residence No / Office No / Fax No
  • Updating of IFSC / MICR No / Bank Address
  • Change / Updating for Date of Birth
  • Change of E-mail ID
  • SOA Request
  • FATCA updation
  • Aadhar Number Updation

This facility has been discontinued

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.

This facility has been discontinued

This facility has been discontinued

Only commercial transactions are available with multi-lingual options. Commercial transactions are currently available in English, Hindi, Marathi, Gujarati, Telugu and Tamil.

This facility no longer available

This facility has been discontinued

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] as an attachment.
  • Unit allotment done depending on fax received time in server (subject to verification of request)

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.

Yes, effective 6th May 2019, you may also apply for Commercial Transaction on IVR.

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).

No, we have not given the option of changing the bank name and account number through IVR to our existing investors because we are aware that the bank details are the most important and critical part of any commercial transactions and thus need adequate security.

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:

  1. Statement of Account (Both Email & Physical)
  2. Unlock User Id / PIN
  3. Reset Password
  4. Change Mobile Number
  5. FATCA Updation

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:

  1. Dial our toll-free number and press 3 from Main Menu
  2. Enter and confirm the folio number
  3. From the list of service options prompted in the next menu on the IVR [i.e – (1) Generate a new TPIN, (2) Enter TPIN and (3) Change TPIN], press 1 to select the Generate a new TPIN option
  4. A 5-digit TPIN will be sent to the Mobile Number registered with us under the respective folio number

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.


  • IVR stands for Interactive Voice Response (IVR), a technology that allows an automated system to interact with humans through the use of voice and Dual Tone Multi-Frequency signaling (DTMF) tones input via keypad. IVR allows customers to interact with a company’s host system via a telephone keypad after which they can service their own inquiries by following the IVR dialogue. IVR systems can respond with prerecorded or dynamically generated audio to further direct users on how to proceed.


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:

  1. Click on the PDF attachment and enter the password
  2. Click on ‘Open With’
  3. Select ‘DocHub or Lumin PDF’
  4. Please enter your Password and click on create document
  5. After clicking on Create document it will open the document.

 

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.

Channel Investors – Yes. All channel investors can avail for this facility.

Demat Investors – Demat investors can avail this facility only for additional purchase and SIP cancellation transactions.

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.

Kindly refer to the attached document for all the documents required for Fax / Email-Fax transactions.

Existing investors can make the following transactions through Fax/Email-Fax.
Financial Transactions -
• 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)

*Non-Financial Transactions:
• 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
• Minor Correction in name. (If the same is matching with the PAN /KYC for KYC verified investors and PAN card copy to be received through fax)

*Note : On case to case basis verification call may be made for any of the above non-financial transactions if required by AMC for any additional clarifications/requirements/documents from PMLA /due diligence perspective for processing and updating the same in our records.

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.

A transaction request sent by the investor to AMC through fax and a copy of the same received in physical mode is treated as a transaction through Fax.
A transaction request sent by the investor to AMC through fax when gets converted in the form of an Email with the document as an attachment is termed as transaction through Email-Fax.

To know more about investing online in India’s 1st Direct to Investor Mutual fund, Please Click here. Please note that you need to be KYC compliant to invest with us. Click here to read more about KYC.

Please check our FAQs on SIP Online to know the procedure to register an online SIP.

In this case you can use our Online KYC module, which is again a paperless solution to complete your KYC process. Once you are KYC compliant, you can invest through our Invest Online portal.

The applicable NAV for purchase will be as per scheme features in accordance with SEBI regulations.

For investors whose purchase is above Rs.50,000/-, the E-IPV has to be completed within reasonable number of days (currently 3 working days) from the date of purchase. Else, the said transaction will be reversed. A communication in this regard will be sent to the investor accordingly. This is to ensure that the fund doesn't undertake undue risks under the PMLA Regulations and also comply with the SEBI KRA Regulation.

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.

  1. You visit the Invest Online section on our website Click on ‘Click Here’ under the ‘Create New Folio’ tab
  2. Enter your PAN, Email Id, mobile number, Date of Birth, Aadhaar card number. Enter the OTP which will get triggered to your mobile number registered with Aadhaar and click on ‘Save & Continue’.
    In case of minor investor, the minor PAN to be entered in this page (incase available). Incase minor PAN not available, the guardian PAN is mandatory to be provided under ‘Personal Details’ section
  3. You will be directed to Karvy KRA website if your PAN is not registered with any KRA. You will receive an OTP on the mobile number registered with Aadhaar, which you need to enter to proceed further.
  4. Check the personal details and photograph retrieved from the Aadhaar and auto-populated on the screen. Fill in the additional details like Father/Spouse name, marital status etc. as required which are not retrieved from Aadhaar.
  5. Upload the scanned copy of your signature in JPG or JPEG format for KRA records, which would be required for future Offline transactions.
  6. E-Sign (digitally sign) the e-KYC application submitted by you through OTP option.
  7. Post submission and successful validation of OTP (received on the mobile number entered in step no. 2 above), you can continue with your investment on the Invest Online portal.

 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

  1. Your PAN should not be available/registered in any KRA
  2. Mobile number must be registered in Aadhaar record
  3. Scanned copy of signature for KRA records which would be required for future offline transactions
  4. Valid for investments up to Rs. 50,000/- only

  Benefits of Phase II: Investor's KYC details will be automatically pushed to Karvy KRA website instantly and the status of the same will reflect as ‘Under Process’.

The status will get verified within 2-3 days (subject to verification of data). In the historical process , the KYC details submitted by the Investor was manually entered in the Karvy KRA portal and TAT for KYC validation was around 30 days.

Note : E-IPV process will be still carried out by Customer Relations team

  1. Visit www.QuantumAMC.com
  2. Click on ‘Invest Online’
  3. Click on ‘Click Here’ under the ‘Create New Folio’ tab.
  4. Enter your PAN, Email Id, mobile number, Date of Birth, Aadhaar card number. Enter the OTP which will get triggered to your mobile number registered with Aadhaar and click on ‘Save & Continue’. In case of minor investor, the minor PAN to be entered in this page (incase available). Incase minor PAN not available, the guardian PAN is mandatory to be provided under ‘Personal Details’ section.
  5. Complete your online investment process.

Note : The Aadhaar card number mentioned by investor will be validated as per the details registered with Unique Identification Authority of India (UIDAI).

Only below mentioned categories of investors can do Online KYC:
• Adult Resident Indian Individuals
• Guardian in case of Minor investor
• NRI / Persons of Indian origin residing abroad, on a non-repatriable / full repatriation basis, only if geo location is India. Excluding investors residing in the US, Canada and non-compliant FATF Countries

Currently Non-Individuals & HUF applicants are not allowed to do Online KYC.

No, there are no restrictions on the size and format of the documents to get uploaded.

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.

Only an existing investor of Quantum Mutual Fund can submit a modification request to change/update your details in the existing KYC through Online KYC portal.

Yes, you should have all the documents in original while doing E-IPV for verification. E-IPV is a process whereby the fund house verifies the applicant face-to-face online to confirm and verify the applicant physically as who submitted the online KYC. Physical verification of the original documents as well as the KYC applicant is mandatory as per regulation and hence the requirement.

Once your KYC is registered with any KRA, you will receive a letter/email confirming the same. You can also visit the websites of any KRA and verify the status online.

The details of PAN should be written carefully on the application. Also the copy of PAN image uploaded should be clear. PAN allotment letter is not accepted instead of the PAN card.

No, you are not required to send any documents in physical form to us. It is a completely Paperless and Online electronic process!

Presently you will be allowed to transact post successful validation of your KYC status in the KRA website.

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 IPVOnline 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:


  • Upload the scan copy of supporting documents AND
  • Upload the documents through web cam option

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.
Note:

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.
Notes : The investor needs to have a valid PAN number
Same process will be applicable for all Joint holders too, if they are not KYC compliant.

 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.

Yes. This facility is available for demat investors also.

• Login to the Invest Online module with your User Id/PAN and password/OTP
• Go to Manage Account> OTM
• Click on the ‘Cancel One Time Mandate Request’ option and click on ‘OK’

Investor will receive an email and SMS alert for below One Time Mandate transactions –
• Post registration of One Time Mandate through Invest online account
• Post cancellation of One Time Mandate through Invest online account
• Post registration of One Time Mandate in K-BOLT (Offline mode)
• Post cancellation of One Time Mandate in K-BOLT (Offline mode)
• Investor will also receive an SMS Alert 2 days before the URN expiry date.

No. The investor will have to register the URN received for ISIP registration in the bank website apart from the URN received for Online OTM. There will be two different URN numbers generated for each request separately.

Investor can select the payment option as OTM / NACH while making the purchase through Invest online. For Email, Whatsapp, Hike and SMS transactions etc. the payment mode needs to be selected as Online One Time Mandate/NACH. Investor are requested to authorize the payments in their bank bill pay section if they opted for view and pay option while registering.

Yes. An investor can use the One Time Mandate option for future investment transactions through Email, WhatsApp, Hike & SMS (apart from the existing option given in Invest Online).

You will be unable to register for One Time Mandate through online mode if you have already registered one of your bank for OTM through offline mode. There will be only one radio button selection option for Online One Time Mandate & Offline One Time Mandate in Invest Online section.

Only one bank can be registered for One Time Mandate per folio.

An investor will be able to register only those banks for One Time Mandate facility incase of fulfillment of two conditions –
(1) The bank should be registered in the folio
(2) It should be also available in the bank’s listed for One Time Mandate registration as mentioned in point no 4.

The list of banks available for registering online One Time Mandate is similar to the list of banks available for ISIP registration through our website.

The URN for One Time Mandate is valid upto 7 calendar days.

The turnaround time for One Time Mandate registration is 15 calendar days.

• Login to the Invest Online module with your User Id/PAN and password/OTP
• Go to Manage Account > OTM
• Select the bank name (TThe other bank details and Investor’s name will auto populate)
• Click on the ‘Submit’ option and confirm the OTM registration by clicking on ‘Confirm’ option
• A registration message will pop-up on screen. Also an email with the URN and an SMS will be triggered
• Investor needs to register this URN with bank by entering the same under the Bill Pay section (Investor needs to be suggested to select the Auto Pay option and not Manual pay)

Online One Time Mandate Registration is a facility for registering your bank through Invest Online platform to make payment electronically for all future purchase transactions.

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.

All categories of existing investors and prospective investors (individual/non-individual/corporate body including Joint Holders, HUF, Guardian in case of Minor and Power of Attorney Holder) are required to become FATCA compliant.

Please click the link to download the FATCA Form for Individual & HUF –
http://www.quantumamc.com/Downloads/PDFs/FATCA-form.pdf

Please click the link to download the FATCA Form for Non – Individual –
http://www.quantumamc.com/Downloads/PDFs/FATCA_non-individual.pdf

New investors will have to mandatorily submit the FATCA declaration along with the initial purchase/SIP application form. Failing to this, application will be rejected with effect from 1st November 2015.

Existing investors will have to submit the FATCA declaration form in soft/physical copy to get FATCA compliant. We would like to inform you that as per the FATCA, Quantum Mutual Fund is required to undertake due diligence process of all the investors including Indian Residents residing in India and Non Resident Indian (NRI) residing in US or any other country to identify US Reportable Account.

However SIP and STP mandates registered till October 31, 2015 will be exempted.

Initially you have to submit the FATCA form only once for you Folio; however, because FATCA is an ongoing process, if your folio information changes, we may be required to contact you to obtain additional information so that we are able to update your account classification under FATCA.

Also, the FATCA form may get modified over time as per the regulatory requirement and you may have to update your details accordingly.

In case you have multiple folios with us, with the same mode of holding pattern wherein the joint holders are also same, you may commonly fill up only one FATCA form mentioning all your Folio numbers so that the status of FATCA will be updated against your respective Folios.

In case the holding pattern changes, you will have to fill separate forms for each folio.

If you have submitted the FATCA form duly signed and filled with proper details, then you may not re-submit the same untill the form gets modified over time in which case you will have to update your details accordingly.

FATCA implies that Banks and other Financial Organizations will be required to report information on financial accounts held directly or indirectly by US Persons on an annual basis.

Quantum MF has made a commitment to being fully FATCA compliant. Therefore, we keep reviewing our existing customer base to confirm the FATCA status and wherever necessary we may contact our investors for further information and documentation based on guidance from the regulator. Thus, though you are not a US-based investor, you are required to become a FATCA complaint investor.

All category investors (individual/non-individual/corporate body) have to fill up the FATCA form to become FATCA compliant.

In case you are a US citizen or considered to be a US Person (as described above in the answer to question 3), you may be asked to provide us with the additional information/documentation. Further the details collected of US Reportable person/entity will be reported to US Internal Revenue Service (IRS) or the Indian Tax Authorities on an annual basis. Please note that though it is a one-time process, the form may get modified over time and you will have to update your details accordingly.

No. The law is only applicable to US Citizens/Persons (as described above in the answer to question 2).

An individual account holder is treated as a US person if the account includes any of the following:
• US Citizenship
• Lawful permanent resident (green card) status/US Residents
• A US birthplace/US Person
• NRI individuals based in US with residence address or a US correspondence address including a US PO box
• Standing instructions to transfer funds to an account maintained in the US or directions regularly received from a US address
• An 'in care of' address or a 'hold mail address' that is the sole address with respect to the client or
• A power of attorney or signatory authority granted to a person with a US address.

FATCA (Foreign Account Tax Compliance Act) is a law passed by United States of America (US) that prevents any US person from using banks and other financial institutions outside the US for investment purpose in order to avoid US taxation on the income earned/generated from such foreign investments/wealth.

FATCA obliges such foreign (for US) banks and financial institutions (also Mutual Fund – Quantum MF) to report information about US persons having accounts with them. It is a financial reporting of assets owned by “United States Persons” to the “United States Tax Authorities”.

The data collected of U.S. Reportable Account will be reported to US Internal Revenue Service (IRS) or the Indian Tax Authorities for onwards submission to IRS. We would like to inform you that as per the FATCA, Quantum Mutual Fund is required to undertake due diligence process of all the investors including Indian investors.

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:

1Quantum 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:

1Common application form along with the Transactions form (Duly filled and signed)
2Current 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
3A cancelled copy of cheque / copy of latest bank passbook/statement (only if the mode of payment is NEFT/RTGS)
4KYC 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:

1Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021
2Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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:

1Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021
2Karvy 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:

1Main application form along with the Transactions form (Duly filled and signed)
2Current dated at par cheque in favor of ‘Quantum __________ scheme - your PAN number’
3A cancelled copy of cheque
4A self-attested copy of PAN of the unit holder(s)
5KYC 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:

1Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021
2Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

The Unit holder has to set the Trigger.

Trigger facility helps the Unit holders to minimize the loss and/or timely book the profits. Also trigger is an additional facility provided to the Unit holders to save time on completing switch formalities on happening of a particular predetermined event.

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,

  • Value of investment reaches or crosses a particular value
  • Investment Value appreciates by specified %
  • Capital appreciation of a particular amount
  • NAV reaches or crosses a particular value
  • NAV appreciates by specified %
  • Switch on a particular day or date
  • BSE Sensex Rise/Fall by specific points/percentage
  • BSE /NSE Sensex reaches specific points/percentage
  • NSE NIFTY Rise/Fall by specific points/percentage

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.

The AMC will execute the trigger on the Unit holder''s behalf.

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.

Yes, In case Trigger request is received after partial switch-out from the Original Invested amount in liquid scheme, then the said trigger will be actioned after fulfillment of the Original invested amount. Example: - Investor invested Rs.30,000/- on 1/2/2010 , and switched 5,000/- on 20/4/2010. Trigger request for appreciation is received for transaction (of 30,000/-) on 15/05/2010. Trigger will be actioned after the original invested amount reaches Rs.30, 000/-.

The Unit holder is informed about the execution and the subsequent transaction through the SMS/physical/E-mail account statement as opted in Application form.

No. Unit holder can select multiple Trigger options available in the form. However, out of selected options, trigger will be actioned only for the option which meets the set criteria prior to other options. The other options selected will get deactivated.

Yes, the Trigger can be modified by submitting a duly signed request letter. Three (3) business days’ time is required to update the modified trigger request at our end.

Yes. You can select the recurring trigger option available in Trigger Form. However, if the said option is not selected, a fresh request for activation of the same has to be made.

Trigger Form is available at all our branches, designated Investor Service Centers of Quantum Mutual Fund and on the website www.QuantumAMC.com. under ''Download'' section

The application for a trigger is made by submitting the duly filled and signed Trigger application form at designated Investor Service Centers of Quantum Mutual Fund.

The end of the day NAV based Price of Investment  on the day of registration of the trigger will be compared with the NAV based Price of Investment (without considering exit load) of each subsequent business day till the occurrence of the trigger event prescribed by the Unit holder.

If the trigger is a time based trigger, the time event prescribed by the Unit holder would be the base of activation of the trigger. If the trigger is event based, the happening of the event prescribed by the Unit holder is the base for activation of the Trigger.

No. Only end of the day closing points of BSE/NSE will be considered for activating the trigger. Percentage rise/falls will be calculated by taking the base index as on the investment date.

No. Use separate trigger application form for each transaction of a scheme/plan /option.

On the day of the happening of the event the Unit holder can choose from the following options
    • Full switch from Liquid Scheme into other schemes of Quantum Mutual Fund
    • Switch of certain number of units
    • Switch of certain amount
    • Switch of only gains into other schemes of Quantum Mutual Fund
    • Switch original investment amount in Liquid scheme to any other scheme.
    • Switch Gain amount in Liquid Scheme to any other schemes

Triggers are options provided to the Unit holder enable automatic switch on the happening of the desired event. Triggers can help Investor make the most of market movements without the hassle of constant tracking. It provides information (alert based trigger) / initiates action (action based trigger). The Unit holder can specify a specific event/action, which may be related to time or value or a specific event/action in advance and when this event/action takes place the trigger will get activated. If then Unit holder has opted for alert based trigger, this facility will "ALERT" (via Mail/SMS) the Unit holder after meeting the specifications provided by the investor. If the Unit holder has opted for action based trigger, the system will process the transaction (switch) on the basis of the specifications provided by the Unit holder.


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

SWP is redemption from a scheme, so tax provisions apply accordingly.

Yes, to start a SWP you must have a minimum balance of Rs.5,000/- in the scheme you wish to invest from.

You can start SWP, through Direct & Regular Plans for the following schemes:

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 NameFrequencies Available Under SWPWeeklyFortnightlyMonthlyQuarterly
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 AmountRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions251364
Frequency of Dates7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Tax Saving Fund
Minimum SWP AmountRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafter
Minimum No. of Installments / Instructions251364
Frequency of Dates7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Liquid Fund
Minimum SWP AmountRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions251364
Frequency of Dates7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 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.

SWP instructions will take a minimum of 10 business days for registration with the registrar. The first transfer will be carried out only after the registration. Therefore, the date and months in which your SWP commences and ends may change depending on the date of its registration.

For New Investors:

Fill all the required information and attach the below mentioned documents as supporting.

1Main application form along with the SYSTEMATIC TRANSACTION FORM
2Current dated at par cheque in favor of ‘Quantum ______________ scheme – your PAN number’
3A cancelled copy of cheque
4A self-attested copy of PAN of the unit holder(s)
5KYC 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:

1Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021
2Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India.
3Drop 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.
4Inform 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.


You can start SWP for the following schemes: The applicable exit load will be charged at the time of withdrawal according to the scheme features and respective load.

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: 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

A Systematic Withdrawal Plan (SWP) is a facility that allows an investor to withdraw money from an existing mutual fund at predetermined intervals. The money withdrawn through a systematic withdrawal plan can be reinvested in another fund or retained by the investor in cash.


A Systematic Withdrawal Plan (SWP) is a facility that allows an investor to withdraw money from an existing mutual fund at predetermined intervals. The money withdrawn through a systematic withdrawal plan can be reinvested in another fund or retained by the investor in cash.

Yes, to start a SWP you must have a minimum balance of Rs.5,000/- in the scheme you wish to invest from.

Scheme NameFrequencies Available Under SWPWeeklyFortnightlyMonthlyQuarterly
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 AmountRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions251364
Frequency of Dates7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Tax Saving Fund
Minimum SWP AmountRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafter
Minimum No. of Installments / Instructions251364
Frequency of Dates7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Liquid Fund
Minimum SWP AmountRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions251364
Frequency of Dates7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 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

SWP is redemption from a scheme, so tax provisions apply accordingly.

You can start SWP, through Direct & Regular Plans for the following schemes:

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 SWPCancellation of the SWP
  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 "SWP" 
  4. Click on ‘Modify’ for the respective SWP
  5. Modify the required details
  6. Click on ‘Submit’ option
  7. Confirm the SWP 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 "SWP" 
  4. Click on ‘Cancel’ for the respective SWP
  5. Click on ‘Confirm’

Notes:
  1. The online SWP modification/cancellation request needs to be submitted 10 business days prior to the next STP date opted by you online.
  2. In case the modification request received involves change in the SWP amount and if any SWP installment is due within 10 business days from the date of modification request received, the said installment will be processed as per the amount of the SWP registered before modification
  3. Modification can only be done in the SWP amount and SWP end period

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 ''.

SWP instructions will take 10 business days for registration with the registrar. The first withdrawal will be carried out only after the registration.

Currently only an existing investor with Quantum Mutual Fund can invest in SWP through our online SWP option.

  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 "SWP"
  4. Click on ‘New SWP Registration’
  5. Click on ‘Register SWP’ for the respective source scheme
  6. Fill up the Online SWP registration form
  7. Click on ‘Submit’ and confirm the SWP registration request by clicking on ‘Confirm’ option

The applicable exit load will be charged at the time of withdrawal according to the scheme features and respective load.

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

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.

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.

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.


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

For New Investors:

Fill all the required information and attach the below mentioned documents as supporting.

1Main application form along with the SYSTEMATIC TRANSACTION FORM
2Current dated at par cheque in favor of ‘Quantum ______________ scheme – your PAN number’
3A cancelled copy of cheque
4A self-attested copy of PAN of the unit holder(s)
5KYC 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:

1Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021
2Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India.
3Drop 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.
4Inform 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.

STP instructions will take a minimum of 10 business days for registration with the registrar. The first transfer will be carried out only after the registration. Therefore, the date and months in which your STP commences and ends may change depending on the date of its registration.


You can start STP, through Direct & Regular Plans for the following schemes:

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 NameFrequencies Available Under STPDailyWeeklyFortnightlyMonthlyQuarterly
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 AmountRs. 100/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Tax Saving Fund
Minimum STP AmountRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Liquid Fund
Minimum STP AmountRs. 100/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month

Yes, to start Online STP you must have a minimum balance of Rs.5,000/- in the scheme you wish to invest from.

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.

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.

Yes, you can modify/cancel your online STP. If you wish to modify/cancel the existing STP registered with us, you can do so by following the below mentioned procedures:
Modification of the STPCancellation 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’
Note:
  1. The online STP modification/cancellation request needs to be submitted 10 business days prior to the next STP date opted by you online.
  2. In case the modification request received involves change in the STP amount and if any STP installment is due within 10 business days from the date of modification request received, the said installment will be processed as per the amount of the STP registered before modification
  3. Modification can only be done in the STP amount and STP end period

The Online STP facility is available at NO CHARGE.
However, in case you are opting to do STP from Quantum Long Term Equity Value Fund, Quantum Equity Fund of Funds, Quantum Gold Savings Fund and Quantum Multi Asset Fund of Funds then kindly make a note of the applicable exit loads for the scheme.

After registering the STP, on the date and the frequency chosen by you; the STP installment amount will be switched out from the source scheme and will be invested into the target scheme in which you wish to invest.

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’.

Online STP instructions will take 10 business days for registration with the registrar. The first STP transaction will be carried out only after the registration.

Currently only an existing investor with Quantum Mutual Fund can invest in STP through our online STP option.

Follow a simple registration process as mentioned below to start an Online 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 ‘New STP Registration’
5. Click on ‘Register STP’ for the respective source scheme
6. Fill up the Online STP registration form
7. Click on ‘Submit’ and confirm the STP registration request by clicking on ‘Confirm’ option

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 NameFrequencies Available Under STPDailyWeeklyFortnightlyMonthlyQuarterly
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 AmountRs. 100/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Tax Saving Fund
Minimum STP AmountRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Liquid Fund
Minimum STP AmountRs. 100/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 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.



You can start STP, through Direct & Regular Plans for the following schemes:

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, to start Online STP you must have a minimum balance of Rs.5,000/- in the scheme you wish to invest from.

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).

Offline SIP registered through Auto debit mode -

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.

Yes, the SIP Enrollment will be discontinued in cases where two consecutive SIP installments are not honored or the bank account is closed and no request for change in bank account has been submitted.

Offline Purchase will involve three necessary steps as follows;
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.

1Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021
2Karvy 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.

1Main application form along with the SIP AUTODEBIT MANDATE FORM (SIP through Auto Debit)
2Main application form along with the SYSTEMATIC TRANSACTION FORM (SIP through Cheque)
3Current dated at par cheque in favor of ‘Quantum ______________ scheme – your PAN number’
4A cancelled copy of cheque (SIP through Auto Debit)
5POST DATED CHEQUES (SIP through Cheque)
6A self-attested copy of PAN of the unit holder(s)
7KYC acknowledgement copy of the unit holder(s)

For Existing Investors:

Fill all the required information and attach the below mentioned documents as supporting.

1SIP AUTODEBIT MANDATE FORM along with cancelled cheque (SIP through Auto Debit)
2SYSTEMATIC 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:

1Quantum Asset Management Company Private Limited: 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021
2Karvy Computershare Private Limited- Karvy is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India.
3Drop 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.
4Call 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.

In case your Email Id is registered in our records, you will be in receipt of a statement of account triggered to your registered Email ID, subsequent to your SIP transaction. In case your Email Id is not registered with us, you will be receipt of a physical statement of account dispatched at your registered mailing address on a quarterly basis.

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.

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

Note: Quantum Liquid Fund has only Monthly and Quarterly Frequency.

Scheme NameFrequencies Available Under SIPDailyWeeklyFortnightlyMonthlyQuarterly
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 AmountRs. 100/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Tax Saving Fund
Minimum SIP AmountRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Liquid Fund
Minimum SIP AmountNARs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / InstructionsNA64
Frequency of DatesNA5,7,15,21,25 & 28 of the month5,7,15,21,25 & 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


You can start offline SIP, through Direct & Regular Plans for the following schemes:

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

If your present bank does not allow the direct debit facility for the SIP amount by a third party like Quantum Mutual Fund; you should invest through the Offline mode.

The Offline Systematic Investment Plan (SIP) enables you to invest through an SIP with little bit of paper work if you do not wish to operate via internet. You will have to submit physical documents required for a purchase and proceed.

The ongoing SIP will be terminated after 5 consecutive reversals due to any reason .

In case you have opted for a ‘View and Pay’ option for your online SIP (ISIP), you need to authorize the payment on or before the SIP date on your net banking site. If you fail to authorize the payments for two consecutive SIP dates, the SIP will be discontinued.

For further queries please do not hesitate to get in touch with us on [email protected] or on 1800-22-3863 or 1800-209-3863.

Yes you can modify/cancel your online SIP or ISIP as we term it.
If you wish to modify/cancel the existing ISIP registered with us, you can do so by following the below mentioned procedures:

ISIP ModificationISIP Cancellation
  • Visit www.QuantumAMC.com
  • Click on ‘Invest Online’
  • Login with your PAN/User id and Password/OTP
  • Click on ‘SIP’ under the ‘Transact’ tab
  • Click on ‘Modify’ for the respective SIP
  • Modify the SIP frequency, SIP Start Date, SIP End Date & Amount of SIP
  • Click on Submit and confirm the modification
Note:
  • Only online registered SIP can be modified through this module, the offline SIP cannot be modified through this module.
  • The online SIP (ISIP) modification request needs to be submitted 15 days prior to the next SIP date opted by you online.
  • Modification can be done for the SIP Amount, the Start and End dates and the SIP frequency.
In case the modification request received involves change in the SIP amount and if the SIP installment is due within 15 days from the date of modification request received, the said installment will be processed for the amount provided previously before the modification
  • Visit www.QuantumAMC.com
  • Click on ‘Invest Online’
  • Login with your PAN/User id and Password/OTP
  • Click on ‘SIP’ under the ‘Transact’ tab
  • Click on ‘Cancel’ for the respective SIP
  • Click on Confirm Option
Note:
  • The online SIP (ISIP) cancellation request needs to be submitted 15 days prior to the next SIP date opted by you online. Subsequently, you need to also delete the registered URN from  your online biller section of internet banking.
  • If an SIP installment is due within 15 days from the date of cancellation, that installment will be processed and your bank account will be debited for that SIP installment.

The Online SIP (ISIP) facility is available at NO CHARGE from our end. However we request you to get in touch with your bankers with regard to charges for Bill pay registration/processing at their end (if any). Such charges will be borne by the account holder only and will not be borne by the AMC or the fund.

We also wish to bring to your notice that few of the banks have initiated ‘Third Party Validation’. Hence we request you to make sure that you have registered for the bank’s Third Party Funds Transfer service (if your bank demands this facility) and that you have enabled Secure Access within Net Banking. Without these validations, you will not be able to transact online.

Few banks have initiated these additional security measures for protecting your information during third party transfers and to protect your account from any sort of security breach. Kindly approach your bank to have more details on the same.

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.

The Unique Registration Number (simply referred to as URN) is your transaction reference number. You will need to keep this number accessible when you register your Online SIP (ISIP) with your bank after registering your SIP application on our website.

Please enter the URN in the same format as it appears in the SIP confirmation email sent by us. Also please note that this URN is valid up to 7 days only and therefore needs to be registered with your bank within 7 days. Any queries regarding SIP application / registration can be resolved promptly on the basis of the URN.

To register the Online SIP (ISIP) with your bank, please visit your Bank''s Home Page and follow the below mentioned instructions:
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.

Kindly select the ‘Auto Pay’ option while registering the URN with your Bank. (Auto pay option will enable automatic debit of the SIP amount from your account without any requirement of manual intervention).

In case if you have opted for view and pay option, please ensure that you authorize the payment on or before the SIP date [as per your bank’s timeframe for authorization (which is generally 3 days) opted by you to avoid rejection and reversal of Units].

Kindly note that the Bank that you have registered with us while doing your previous investment, will be the default bank for all future purchases (including Online SIP) and redemption transactions. If you wish to transact using any other bank account, please fill and submit the Multiple Bank Accounts Registration Form along with the supporting documents mentioned in the form. This form can be downloaded from the ‘Downloads’ section of our website. Subsequently you can register for your ISIP through the additional bank registered with us.

Please note that you should be the holder / joint holder of the other bank accounts.

Note: You need to register the ISIP at your net banking website within 7 days from registration date.

You will receive a confirmation email with the details of your Online SIP (ISIP) after successfully completing the application registration process on our website.

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.

There are two options available for ISIP payment through Net Banking:
Auto Pay
View & Pay

If you have opted for ''Auto Pay'', the amount is directly debited from your bank account on the SIP due date (by your bankers) without any manual intervention. However, you would have to ascertain that you maintain the required balance in your account on your SIP due date.

If you have opted for ''View & Pay'', you need to manually authorize the payments on or before the SIP due date. However, If you fail to authorize this debit; your SIP transaction faces the risk of reversal.

Hence, if you have opted for the View & Pay option for your ISIP, we request you to regularly authorize the SIP payment on your opted due date. In order to avoid any last minute rush, you could pay your SIP up to 3 days in advance to your due date.

We have also noted that some banks do not offer the ''Auto Pay'' option and thus, the ''View & Pay'' option is activated as a default in this case. In such a case, or if you have opted for "View and Pay" option and now wish to register for ''Auto Pay'', we request you to check the availability of the same with your bank at the earliest.

Note: Quantum Liquid Fund has only Monthly and Quarterly Frequency.

Scheme NameFrequencies Available Under SIPDailyWeeklyFortnightlyMonthlyQuarterly
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 AmountRs. 100/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Tax Saving Fund
Minimum SIP AmountRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Liquid Fund
Minimum SIP AmountNARs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / InstructionsNA64
Frequency of DatesNA5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month


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 Value 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

Following are the steps to register an ISIP

New InvestorExisting Investor
  • Visit www.QuantumAMC.com
  • Click on ‘Invest Online’
  • Click on ‘Click here’ under the ‘Create New Folio’ option
  • Enter the required details
  • Under ‘Investment Details’ tab select any of the below options.
i) Lumpsum with SIP – To  do a  purchase along with SIP registration or

ii) Only SIP - To register only an SIP    
  • Fill the entire form and enter the OTP which will get triggered on your registered mobile number and email id
  • Click on ‘Save’
  • You will receive an on-screen and email confirmation (Please click on ‘Make Payment’ option reflecting on the on-screen message and initiate the payment (if you have opted for ‘Lumpsum with SIP’ option).
  • Register the URN at your bank site as per the instructions provided in the confirmation mail
  • SIP will be registered within 15 days post the successful registration confirmation received by your Bank.
  • Visit www.QuantumAMC.com
  • Click on ‘Invest Online’
  • Login with your PAN/User Id and password/OTP
  • Click on ‘SIP’ under the ‘Transact’ tab
  • Click on ‘Add New SIP’
  • Fill all the required details and click on ‘Submit’
  • Visit your bank site and register  the URN
  • SIP will be registered within 15 days post  successful registration confirmation received by your Bank.


You can start online SIP (ISIP), through Direct & Regular Plans for the following schemes:

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

An existing individual investor with Quantum Mutual Fund who has a username and password for the Invest Online section can apply, register and invest through our Online SIP (ISIP) module.

However, if you do not have a Quantum Invest Online username and password but wish to avail this facility, please visit www.quantumamc.com or www.quantummf.com to seek the online username and password to facilitate availing / applying for Online SIP (ISIP).

You will also need to have a net banking with utility payment facility enabled with your bank and be KYC compliant to invest through Online SIP (ISIP).

Note : A first time investor will be able to make only a lumpsum purchase through our Invest Online section. Post KYC verification, you will be able to make additional transactions through your invest online login including registration of Online SIP.

The Online Systematic Investment Plan (SIP) enables you to invest in an SIP online, without any paper work. It takes the simple SIP model and adds to it the convenience of an online investment platform, making it easier, simpler and faster for people to invest.

The benefits of investing through SIP are several, some of which are:
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.

7 Good Reasons to invest in SIPs
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.

Here is an example to help you understand the working of SIP.

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

Thus this table shows that even though the amount invested is the same in both cases, the returns from the SIP mode of investment are relatively higher.

You can start SIP for the following schemes:

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

Please find below the details on minimum amount requirement, no. of installments requirement and frequency of dates available.

Note:Quantum Liquid Fund has only Monthly and Quarterly Frequency.

Scheme NameFrequencies Available Under SIPDailyWeeklyFortnightlyMonthlyQuarterly
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 AmountRs. 100/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Tax Saving Fund
Minimum SIP AmountRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of Rs. 500/- thereafter
Minimum No. of Installments / Instructions132251364
Frequency of DatesAll Business days7,15,21 & 28 of the month5 & 21 OR 7 & 25 of the month5,7,15,21,25 & 28 of the month5,7,15,21,25 & 28 of the month
Quantum Liquid Fund
Minimum SIP AmountNARs. 500/- and in multiples of Re. 1/- thereafterRs. 500/- and in multiples of Re. 1/- thereafter
Minimum No. of Installments / InstructionsNA64
Frequency of DatesNA5,7,15,21,25 & 28 of the month5,7,15,21,25 & 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.


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 Value 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

Click here to view the entire list of who can invest?
Click here to view the entire list of who cannot invest?

No, there are no additional charges to avail SIP facility.

For folios in demat mode for non ETF schemes, only additional purchase transactions will be allowed.

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 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 message 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.


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.

Existing investors can make the following transactions through WhatsApp.

• Additional Purchase (Subscription)
• Redemption
• Switch in / Switch-out

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.

For folios in demat mode for non ETF schemes, only additional purchase transactions will be allowed.

In case you wish to cancel your SMS transaction, you need to send a mail from your registered Email ID to that respect before the stipulated cut - off time. The transaction cannot be modified or cancelled during the confirmation / verification call made from AMC.

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 NameShort Code
Quantum Dynamic Bond Fund - Direct Plan Growth OptionQDBFGPG
Quantum Dynamic Bond Fund - Direct Plan Monthly Dividend Payout OptionQDBFMDD
Quantum Dynamic Bond Fund - Direct Plan Monthly Dividend Reinvestment OptionQDBFMDR
Quantum Dynamic Bond Fund - Regular Plan Monthly Dividend Payout OptionQDBFRMD
Quantum Dynamic Bond Fund - Regular Plan Monthly Dividend Re-investment OptionQDBFRMR
Quantum Dynamic Bond Fund - Regular Plan Growth OptionQDBFRGG
Quantum Long Term Equity Value Fund - Direct Plan Growth OptionQLTEVFGPG
Quantum Long Term Equity Value Fund - Direct Plan Dividend Re-Investment OptionQLTEVFDPR
Quantum Long Term Equity Value Fund - Direct Plan Dividend Payout OptionQLTEVFDPD
Quantum Long Term Equity Value Fund - Regular Plan Growth OptionQLTEVFRGG
Quantum Long Term Equity Value Fund - Regular Plan Dividend Payout OptionQLTEVFRDD
Quantum Long Term Equity Value Fund - Regular Plan Dividend Re-investment OptionQLTEVFRDR
Quantum Equity Fund Of Funds - Direct Plan Growth OptionQEFOFGPG
Quantum Equity Fund Of Funds - Direct Plan Dividend Re-Investment OptionQEFOFDPR
Quantum Equity Fund Of Funds - Direct Plan Dividend Payout OptionQEFOFDPD
Quantum Equity Fund Of Funds Regular Plan Growth OptionQEFOFRGG
Quantum Equity Fund Of Funds Regular Plan Dividend Payout OptionQEFOFRDD
Quantum Equity Fund Of Funds Regular Plan Dividend Re-investment OptionQEFOFRDR
Quantum India ESG Equity Fund Direct Plan Growth OptionQESGPG
Quantum India ESG Equity Fund Regular Plan Growth OptionQESRGG
Quantum Liquid Fund - Direct Plan Daily Dividend Re-Investment OptionQLFDDR
Quantum Liquid Fund - Direct Plan Monthly Dividend Payout OptionQLFMDD
Quantum Liquid Fund - Direct Plan Growth OptionQLFGPG
Quantum Liquid Fund Regular Plan Monthly Dividend Payout OptionQLFRMD
Quantum Liquid Fund Regular Plan Monthly Dividend Re-investment OptionQLFRMR
Quantum Liquid Fund Regular Plan Growth OptionQLFRGG
Quantum Liquid Fund Regular Plan Daily Dividend Re-investment OptionQLFRDR
Quantum Liquid Fund - Direct Plan Monthly Dividend Reinvestment OptionQLFMDR
Quantum Multi Asset Fund of Funds - Direct Plan Growth OptionQMAFGPG
Quantum Multi Asset Fund of Funds - Regular Plan Growth OptionQMAFRGG
Quantum Gold Savings Fund - Regular Plan Growth OptionQGSRGG
Quantum Gold Savings Fund - Direct Plan Growth OptionQGSFGPG
Quantum Tax Saving Fund - Direct Plan Growth OptionQTSFGPG
Quantum Tax Saving Fund - Direct Plan Dividend Payout OptionQTSFDPD
Quantum Tax Saving Fund - Regular Plan Growth OptionQTSFRGG
Quantum Tax Saving Fund - Regular Plan Dividend Payout OptionQTSFRDD

For Example :
If the investor wants to make a purchse under his folio number – 1234567890 for Rs. 5000 in Quantum Long Term Equity Value Fund – Growth option then he needs to send the SMS in below format:
pur 1234567890 5000 QLTEVFGPG

*Scheme Re-open Date: 25 May, 2015

The following details are to be mentioned in your transaction request.

Financial Transactions:
Transaction Request

The same Syntax is to be followed for it to be considered a syntax based SMS transaction.

Non-Financial Transactions:

ServiceSMS 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

• You need to send the SMS to the Mobile Number +91-924322 3863 in the specified Syntax as prescribed on our website from time to time for the particular transactions request. (Transaction request sent to any other Mobile Number and / or not in the prescribed format Syntax shall not be accepted as syntax based SMS transaction. It shall be considered as a non-syntax based transaction.)

• We will make a confirmation / verification call to you on your registered contact number through a recorded line to confirm / verify the transaction request even though the your contact number may be a part of the Do Not Disturb or DND registry. If for any reason, the confirmation / verification is not completed then the request will not be processed and it will be rejected by the AMC.

• After the necessary confirmation / verification for the SMS 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 validity of request.

Existing investors can make the following transactions through SMS:


Financial Transactions:

• Additional Purchase (Subscription)
• Redemption
• Switch in / Switch-out


Non – Financial Transactions:

  • • NAV
  • • Folio Valuation
  • • Email Statement of Account
  • • SIP Renewal Procedure

Non individual investors such as a company, HUF, trust etc. are not allowed to transact via SMS.

Transactions through SMS facility will be available to existing registered Identified Investors as prescribed by the AMC from time to time and individual investors and joint holders, who are KYC compliant. Any 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.

For SMS based transaction request, the mobile number and email id of the investor needs to be registered under his folio.

A non-syntax based SMS is defined as any SMS sent by the investor to Quantum Mutual Fund in any format that is not prescribed. In this case a confirmation call will be done through the recorded line to obtain the consent of the Sender for the Non-Syntax Transaction Request.

A syntax based SMS is defined as an SMS sent by an investor who has registered for the One Time Mandate facility and has sent the SMS in the correct format as prescribed in the FAQs below.

Transactions through SMS is a facility wherein Quantum Mutual Fund will accept requests for Financial transactions like Subscriptions / Redemption / Switch of units as prescribed from time to time through SMS sent by an investor subject to the sender fulfilling the terms and conditions as prescribed by the AMC from time to time.

The email should clearly mention the folio number and the schemes in which an investor need to transact. In case of multiple folios related transaction the folio numbers of all the respective schemes should be mentioned in the email along with required transaction details.

For folios in demat mode for non ETF schemes, only additional purchase transactions will be allowed.

In case investors wish to modify or cancel their email transactions, they need to send a revised email to that respect before the stipulated cut – off time. The transaction cannot be modified or cancelled during the confirmation / verification call made from AMC.

Quantum Mutual Fund has aimed at making the email transaction process as safe and secure as possible for our investors. The email transaction is validated only after fulfilling these two criteria.
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.
In case of any of the above criteria is not fulfilled, the transaction will be considered as void and rejected with confirmation to the Unitholder.

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

The following details are mandatory for email transaction:
Folio Number
Scheme Name
Transaction Type (Purchase, Redemption, Switch, etc.)
Amount or units
Mode of payment
Funds Transfer Reference Number
Please ensure that all the above details are mentioned by you in your email to us for a transaction.

Existing investors can make the following transactions through Email. Please note that it is mandatory to mention the Folio Number for any Email transaction. Financial Transactions
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 )
Non-Financial Transactions:
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
*Note : Verification calls will be made to the investor as above . Also on case to case basis verification call may be made for any of the above if required by AMC for any additional clarifications or from PMLA perspective before updating the same in our records.

For Financial Transactions , investors must send an email to [email protected] and mention their folio number, scheme name & option, amount / units to purchase / redeem / switch, mode of payment etc.

For Non Financial Transactions like change of email, change of mobile no. etc. investors must send the email to [email protected]

After sending the email the investor will receive an automated / system generated acknowledgment of the receipt of the Email transactions request. Please note that this is not to be considered as acceptance of transaction request. We will make a confirmation / verification call to the investor on their registered contact number through a recorded line to confirm / verify the transaction request even though the investor's contact number may be a part of the Do Not Disturb or DND registry. If  for any reason, the confirmation / verification is not completed then the request will not be processed and will be rejected by the AMC.

After the necessary confirmation / verification for the Email 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 validity of request.

Yes, Investors who have invested through channel partner mode can also transact through email provided the requisite details of channel partners (ARN code/EUIN code) are given in the email.

Non individual Investors such as a company, HUF, trust etc. are not allowed to transact via Email.

Transaction Through Email (Without Attachment) -

  • Existing Individual Investors (irrespective of mode of holding)
  • All holders to be KYC compliant
  • The transaction email needs to be received from the Email Id registered under investor’s folio.
  • The investor’s mobile number needs to be registered in the said folio.
  • A new investor or non-individual investors cannot avail for this facility

Transaction Through Email (With Attachment)

  • Existing Individual & non-individual Investors (irrespective of mode of holding)
  • All holders to be KYC compliant
  • The transaction email needs to be received from the Email Id registered under investor’s folio.
  • The investor’s mobile number needs to be registered in the said folio.

You need to register your bank through the One Time Mandate form for transfer of funds to 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 message for the Financial Transaction Request through NEFT / RTGS facility.

This facility has been discontinued

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.

This facility has been discontinued

This facility is no longer available

The redemption/dividend payments from the Mutual Funds will continue to be paid as they are currently done.

CAN is nothing but a COMMON FOLIO applicable for all participating AMCs. Therefore, just like in folio, CAN will continue to provide all modes of transactions for investors. Quoting CAN, investors can transact in DIRECT plans or in REGULAR plans.

Yes. You need to register your Depository (DEMAT) Account in CAN. During the transaction, you can request for crediting the units in the Depository (DEMAT) Account. MFU will send the instructions along with the transaction and the AMC/RTA will credit the units to your Depository (DEMAT) Account.

Yes. You can subscribe to Direct Plans through MFU and get the units credited to your Depository (DEMAT) Account. Once credited to your Depository (DEMAT) Account, the units can be redeemed only through your Depository Participant.

Yes. The process to be followed is as below:
- Fill up a REMAT Request Form (RRF) signed by all account holders and submit the same to your Depository Participant (DP).
- Your DP will verify the details on the RRF and send it to the Issuer / RTA.
- The Issuer / RTA will verify the request and confirm the same to Depository.
- Depository will debit the securities in the account to the extent of quantity rematerialized.
- Issuer/ RTA issues units in Account Statement form to the Investors.
- Upon your confirmation about REMAT of units, MFU will map your folios to the CAN.

No.

Yes. The changes updated by you in the KRA will get updated in the CAN and the folios mapped with the CAN.

Yes. MFU will send your cancellation requests to the respective AMCs to cancel the SIPs registered in that AMC.

You will have to fill up a CAN Registration Form and submit the same along with necessary documents to an MFU POS or a distributor.

Currently, you will continue to get the statements from each AMC/RTA. MFU will start providing the consolidated account statements shortly.

NRI investors are required to submit all documents as similar to Resident investors. All documents detailed in the instruction of the CAN form should be submitted for CAN creation.

Switching between one AMC to another AMC is not possible.

Ideally a cancelled cheque leaf which has the primary applicant’s name printed on it, should be submitted as a proof of bank account. The applicant may also submit a copy of the cheque, self-attesting the same.

Upon CAN opening, MFU will map all your existing folios matching the CAN combination. When MFU provides access to Investors, they will be able to track their existing investments using the CAN.

CAN opening is a simple process. Upon submitting a duly filled CAN registration form to an MFU POS, the CAN is opened instantly.

If you select “I do not wish to nominate” in the CAN Registration Form, your existing nominations in the existing folios will continue to remain as it is.

No need to change. You can register different bank accounts under the CAN without getting the details changed in the folio. Both the new accounts and the existing accounts will continue to exist. When redemptions are by quoting CAN, the default bank account registered under the CAN will be utilized for payout. While submitting the redemption form, you need to tick the appropriate choice of bank account for payout.

The Bank details registered under the CAN will be added to the existing bank accounts maintained under the Folio. However, the nominee details, if provided under the CAN will override the existing nominations, if any under the folio.

You may submit the CAN Registration and Transaction forms to your Distributors. If the Distributor is registered with MF Utility (MFU) for online access, he may scan and submit the transaction in MFU. Else, he may submit the transactions at an MFU POS or redirect you to a nearest MFU POS.

CAN is not transferable. In case of eventualities like demise of one or more holders in the CAN, the surviving holders have to request for transmission with MF Utilities India Pvt Ltd (MFUI) who shall do the needful.

Ideally CAN will be a single reference number for all your investments/transactions across the Mutual Fund industry. However, if an investor has multiple folios for the same combination, within the same Mutual Fund, the folio number under which the transaction is required to be processed should also be quoted while transacting.

Common Account Number (CAN) provides a lot of benefits/facilities to the investors and Distributors. Without availability of a CAN, these benefits/facilities will not be available.

You would have to submit a CAN Registration form to get a CAN created. All investors in the CAN form should be KYC compliant. If an investor is not already KYC compliant, MF Utility (MFU) will facilitate KYC registration for investors who wish to create a CAN.

KYC compliance is compulsory for CAN creation. If you are not already KYC compliant, MF Utility (MFU) will facilitate KYC registration along with creation of CAN.

You can submit changes to Bank Mandate and other details in CAN to MFU POS, and such requests will be appropriately processed in MFU and will be updated in all related folios. Thus change of CAN level details, such as Bank Mandate, Nominees, etc., submitted through MFU will reflect in all mapped folios with different AMCs and there is no need for submission of such requests separately with different AMCs.

MFU will not enable standalone KYC Registrations like a KRA. However, MF Utility (MFU) will facilitate KYC Registration along with creation of CAN, i.e. it will facilitate submission of KYC documents to KRA for KYC registration.

Where an investor wants to have a change in the combination, a new CAN will be created.
Common Account Number (CAN) is provided for a combination comprising of the following:-
- Number of Investors i.e. 1 or 2 or 3
- Order of holding i.e. A; A&B; A,B&C; B; B&A; B,C&A; C; C&B; C,A&B; and so on
- Mode of holding i.e. Single, Joint and Anyone or Survivor
- Social (Tax) Status i.e. Individual, Company, Non-Resident etc.

MF Utility (MFU) will not migrate your existing investments. However, upon creation of a Common Account Number (CAN), MFU will map your existing folios across Mutual Funds, to the CAN, based on your PAN, holding pattern and other parameters.

MF Utility (MFU) provides investors a whole lot of features like:-
- Common Account Number (CAN) – a single reference for all your Mutual Fund investments
- KYC Registration facility – for the purpose of CAN creation
- Neutral Points of Service (POS) – irrespective of the RTA servicing the Mutual Fund
- Common Transaction Form to transact in multiple schemes at a time, across Mutual Funds
- Single payment facility for investments in multiple schemes across Mutual Funds, using a single form
- Multiple modes of payments for investments through physical and electronic means
- Consolidated view of investments across the industry using CAN
- Industry level alerts, triggers, reminders etc. for transactions, SIP expiry etc.
- Centralized complaint management and tracking system to login complaints across the industry

You will have to get a Common Account Number (CAN) by submitting the CAN Registration Form (CRF) at any of the nearest Point of Service (POS) of MF Utilities India Pvt Ltd (MFUI) or through a Distributor signed-up with MFUI or a participating AMC Branch.

POS (Point of Service) is a front-office facility offered by MF Utilities India Pvt Ltd (MFUI) in various locations across the country to enable Mutual Fund customers to submit their transactions. An MFUI POS will accept transactions across Mutual Funds participating in MFU. The current MFU POS locations are published here.

Please visit Participating AMCs under Corporate section of our website for the list of AMCs who are participating in MFU. All Schemes of these AMCs are available for transaction through MFU.

CAN (Common Account Number) is an industry level Folio allotted by MF Utility (MFU) to an investor. It is a combination comprising of the following:-
- Number of Investors i.e. 1 or 2 or 3
- Order of holding i.e. A; A&B; A,B&C; B; B&A; B,C&A; C; C&B; C,A&B; and so on
- Mode of holding i.e. Single, Joint and Anyone or Survivor
- Social (Tax) Status i.e. Individual, Company, Non-Resident etc.,
Using a CAN, the investors will be able to submit single request for multiple transactions in various schemes across Mutual Funds using a single form/payment.

Individual and Non Individual CAN Registration Forms are available for download. Submit the filled in CAN Registration form along with required documents at the nearest MFU POS or at MFU office.

MF Utility (MFU) will facilitate the following through the Portal:-
- Common Account Number (CAN) registration for Investors
- Submission of documents to KRAs for KYC Registration for those investors who are seeking CAN creation
- Commercial transactions like Purchases, Redemptions and Switches
- Registration of Systematic Transactions like Systematic Investments (SIP) using a single Mandate, Systematic Withdrawals (SWP) and Systematic Transfers (STP)
- Non-commercial transactions (NCT) like Bank Account changes, facilitating change of address through KRAs etc. based on duly signed written requests from the Investors

MF Utility (MFU) provides a whole lot of features to the Mutual Fund customers like:-
- Provides Common Account Number (CAN) facility to Investors
- Facilitates KYC registration through KYC Registration Agencies (KRAs) for CAN creation
- Provides standardization of forms, processes and MIS across the industry
- Provides multiple modes of access and transaction submission options
- Provides broad and neutral Points of Service (POS) footprint for enhanced coverage
- Enables transactions through a common transaction form
- Enables single payment for multiple scheme investments across various Mutual Funds
- Accepts payments through various physical and electronic modes
- Provides CAN based consolidated view of investments across the industry
- Provides industry level alerts, triggers, reminders etc.
- Provides a centralized complaint management and tracking system

It provides browser based access to Mutual Fund customers, with connectivity to Registrars and Transfer Agents (RTA), Banks, Asset Management Companies (AMC), Payment Gateways (PG) and KYC Registration Agencies (KRAs) and enables online transaction submission convenience in multiple schemes across Mutual Funds through a single form/payment.

MF Utility (MFU) is operated by MF Utilities India Pvt Ltd (MFUI) which is equally owned by the participating AMCs.

MF Utility (MFU) is an innovative “Shared Services” initiative from the Mutual Fund industry under the aegis of Association of Mutual Funds in India (AMFI), which acts as a “Transaction Aggregation Portal” through which a Mutual Fund customer is enabled to transact in multiple schemes across Mutual Funds using a single form/payment.

The per transaction upper limit is as mentioned in the OTM form. The limit in the OTM NACH form is the per transaction limit through any mode.

Yes. You can modify the bank details registered for NACH by filling the entire form and ticking the option as ''Modify''. Also the investor can cancel the registration NACH registration by filling the entire form and ticking the option ''Cancel''.

Existing Investors need not worry about ongoing SIPs. The existing mandates will continue to be valid the present SIP cycle. No changes will be made to your ongoing SIPs.

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 will cover all core banking platform enabled bank branches and will not be restricted to only ECS locations as per current ECS model.

For Lumpsum Purchase:
•   Investor needs to submit the One Time Mandate NACH form through the AMC’s aggregator as a standalone form for registration of Bank details. Please click here to download the One Time Mandate NACH Form.

•   Post successful registration, an investor can avail for additional purchase, SIP transactions and other modes of purchase transactions which will be introduced shortly viz SMS and transactions through phone etc.

•   One Time Mandate NACH form can also be registered to avail of email/fax transactions that we have enabled for our investors. Presently investors need to transfer the funds through NEFT/RTGS mode before sending email/fax transaction. By registering One Time Mandate NACH form which is a one-time process, investor can then just submit an email/fax transaction conveniently and avoid the fund transfer that needs to be effected for each and every transaction.

SIP Registration:
•   In case you wish to register for SIP, you need to submit the SIP registration form along with the One Time Mandate NACH form to ensure you avail the advantages of NACH in case your bank is activated for NACH.

•   Note: In case your registered bank, lists amongst the NACH activated list of banks, then the registration of SIP will be done within 15 working days, else it will be done in 30 working days as per existing process.

•  The investor''s account will get debited within 2-3 business days from the transaction date. (Units will be allotted as per the applicable NAV as per SEBI guidelines.)

•  Registration is just a onetime process.

•  All you need to do is simply fill and submit ‘OTM form’ duly signed after reading the “Terms and Conditions” of this facility (The form can be downloaded from the section ‘Download > KYC and Other General Forms’ of our website.).

•  The signatures on the form should be as per your bank records because the form will be sent to your bank branch.

Note :
•  All fields in the form are mandatory to be filled

•  Core Banking account number to be given

•  Upper limit of the Amount that can be debited from the account against is per transaction based.

•  Contact details of the investor - Same will be utilized by the bank for mandate registration only and will not be captured in Bank Account or contact details of AMC.

•  Investor needs to have his Email ID & contact number registered in his folio for availing the facility of transactions through Email ID & fax

•  Period for which the mandate need to be registered (The “From” date is mandatory & if investor does not want to specify the end date, he can tick on the option “Until Cancelled” option)

•  Signatures and Names of all the account holders as per mode of holding in the bank.

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.

Only existing investors having a folio can avail for registration of NACH facility.

•  Reduction in turnaround time for registration. The time for registering a One Time Mandate is 15 working days against 30 working days as taken for normal ECS registration.

•  Due to the centralized and automated nature of the process, the probability of errors is reduced significantly.

•  Since there are no paper-flows to the bank branches, there will be no more ‘ECS mandate not found’ related errors

•  You can also avoid any internet banking related issues for payment

•  Investors need not submit a physical cheque against each of their purchase transaction. The amount will automatically get debited from the investor’s bank registered with NPCI.

•  Reduce mandate registration timelines by –

•  Eliminating physical movement of mandate forms to destination bank branch and work on scanned images

•  Registration online (through Bank Portal)

•  Positive confirmation of Registration as compared to today where 100% confirmation is not received across participating banks

•  OTM, or ''One Time Mandate'' is a one-time registration process that will allow you to invest with us in a simple, convenient and paperless manner.

•  It is just an authorization to your bankers to debit your account up to a certain limit on the basis of your instructions given in the form, whenever you wish to transact with any of Quantum Mutual Fund schemes.

•  Quantum Mutual Fund and/or our registrar (Karvy) shall forward the debit requests to the bank (through billdesk) based on the transaction request from the investor for SIP/ Lump Sum purchases. The debits will happen through National Automated Clearing House (NACH).

National Payments Corporation of India (NPCI) was set up by Indian Banks Association under a mandate from the Reserve Bank of India in 2008. It is the umbrella organization for all retail payment systems. NCPI would provide robust payment solutions to banks and financial institutions across India.

NACH (National Automated Clearing House) is a funds clearing platform set up by NPCI (National Payments Corporation of India) similar to the existing ECS of RBI. NACH platform will have national footprint which will cover 82,000+ bank branches.

NACH is a much superior, robust and scalable platform for the following reasons:

•   The prevalent Electronic Clearing Service (ECS) in India is available at around 89 centers in the country. While it is operated by the RBI at 15 centers, it is operated by commercial banks at the remaining centers.

•   The ECS model lacks a standardized operating model, uses manual processes and has other inherent challenges such as inconsistent timelines around post transactional query management and servicing.

•   The new centralized NACH solution is expected to consolidate the current multiple ECS systems and provide a framework for removal of the local barriers / inhibitors.

•   The platform will be robust, secure and scalable with both transaction and file based transaction processing capabilities.

Yes, you may open an account on behalf of a minor. The minor should be the first and the sole holder in the account; it cannot be a joint account with minor as the first or joint holder. The guardian in the folio on behalf of the minor should either be a natural guardian (i.e. father or mother) or a court appointed legal guardian. Kindly refer to AMFI guidelines on the same for additional details.

In case of purchase done through Invest Online as a first time investor, you will be provided with an option to upload the documents for minor i.e - ''Date of Birth proof'' and ‘Relationship Proof’.

Note :
Please ensure all the relevant documents you upload are duly signed by the first holder.
The documents to be uploaded need to be in a .tiff format only.
The maximum limit for file upload is 5MB.


If an Individual takes loan and offers his mutual fund units as security; the units are marked under lien and the charge is in favor of Lien Holder (scheduled banks, financial institutions, NBFCs or any other body who has granted the loan).
The Registrar and Transfer Agent will note and record the lien against such Units.

The investor will not be able to redeem / switch units marked under lien until the lien holder provides written authorization to the Mutual Fund that the lien / charge has been vacated.

The lien holder will have complete authority to exercise the lien, thereby redeeming such Units and receiving payment proceeds. (In such instance, the Unit Holder will be informed by the Registrar and Transfer Agent through an account statement).
Process:
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.
Please click here for the format of ‘Pledge Investor Letter’ ’.
Please click here for the format of ‘Pledge Bank Letter’.


The minor Investor can change his legal guardian. It can be either due to mutual consent or demise of existing guardian.
Process:
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.
Kindly refer to AMFI guidelines on the same for additional details.


If the minor investor attains the age of majority i.e. if he turns 18 years of age; he needs to submit  a request to change his status from Minor to Major (Individual) to the AMC/ Karvy Collection Center.

Process:
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.

Kindly refer to AMFI guidelines on the same for additional details.

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 ).


The investor can change his tax status from Non Resident Individual to Individual and vice versa.
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 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.
NOTE: If photocopy of any document is submitted, it should be certified by the bank or investors must produce original for verification. Bank account type should be a Savings Bank Account Only.


The investor can change his broker code from either one broker to another or from one broker to Direct or vice versa.
Process:
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:

  1. Visit www.QuantumAMC.com
  2. Login with your user id/PAN and password/OTP (The source and target folio must be mapped with the same user id)
  3. Click on ‘Folio Consolidation’ under the Manage Account
  4. Enter the PIN and click on ‘Submit’
  5. Enter the source and target folio (If the mode of holding in the target folio is ‘Single’ and no nominee is registered, you will get a pop –up message to register a nominee or select another folio. Nominee can be registered online under Non-Commercial Transactions > Nominee Updation option)
  6. Click on Submit
  7. An acknowledgement of consolidation message will display on-screen. Also it will be triggered on the email id and mobile number (registered in the target folio).

To know more about the consolidation please Click Here


Power of Attorney is to have the authority to act for another person in legal or financial matters.
Process:
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)


The mode for receiving the redemption / dividend payment is termed as Mode of Payment.
Two types of payment modes can be availed by an investor which is Cheque or Direct Credit/Electronic. Investor can change it from ‘Cheque’ to ‘Direct Credit/Electronic’ or vice versa.
Process:
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).


One can hold his/her investments either solely or with an additional holder.
Three types of holdings can be availed by an investor which Single, Joint or Anyone or Survivor(s). You can only change your mode of holding from Joint to Anyone or Survivor(s) or vice versa.
Process:
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.


The investor can change his/her existing bank details under the folio. You can also add or register up to 5 bank accounts in the folio.
Online Process:
Please click here to know more about online process.

Offline Process:
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.

Note:
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.


The investor can change his/her signature under the folio.
Process:
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. Request Letter - A duly signed letter/Transaction Slip mentioning the Email Id, Mobile Number and any other contact details can be submitted to AMC branch / any of the Karvy collection centers.
2. Email/SMS –
a. Email - The investor can send an email from the registered email id to update the email id/contact number (mobile/ residential/office number) at [email protected]
b. SMS -The email id/mobile number can also be updated by sending an SMS from the registered mobile number on 9243223863.

Note: The folio number and the new contact details have to be mentioned in the request submitted.


The investor can change his/her address under the folio. It can be due to change of his residence or overseas address.
Process:
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.

Non Financial Transactions (NFT) are those transactions which do not involve any financial matter and do not result in transfer of funds between accounts. For e.g. change of address or change in bank details.

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.

The investor can change his/her name under the folio.
Process:
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)

The NEFT transactions are charged by banks and charges vary from bank to bank. You need to get in touch with your respective banks for the same.

You will get a confirmation SMS on your registered mobile number which informs you of the debit in your account.

The limit is defined by RBI in the Mobile Payment Guidelines issued to banks. However, the set limit may vary from bank to bank, so we request you to contact your bank to check their limit on the value of transaction in IMPS.

We request you to get in touch with your Banking Relationship Manager /Banks Website for the detailed procedure to get the MMID Number and OTP as the same differs for each Bank.

Mobile Money Identifier (MMID) is a seven digit unique number issued by the bank upon registration for MMID. The Remitter (investor) should have this MMID for completing this funds transfer.

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.

On our Invest Online section, after filling up the application form; you need to select the mode of payment as IMPS. You will then be redirected to the Bill Desk payment gateway screen where you will have to enter your mobile number registered with the bank, your Mobile Money Identifier (MMID)  and One Time password (OTP) issued by your bank. However, as communicated by National Payments Corporation of India (NPCI), IMPS as a payment option has been discontinued through our aggregator BIlldesk and the services are no longer functional.

Instruction Note : for Offline Payment

1. Investor having an account with any of the banks participating in National Payments Corporation of India (NPCI) for payment through Interbank Mobile Payment Solution (IMPS) facility should register for IMPS service with the respective Bank as per the procedure laid down by each bank.

2. Initiate the transaction using the IMPS process and the following details of Quantum Mutual Fund:
 EXISTING INVESTORNEW INVESTOR
Bank NameHDFC BankHDFC Bank
Bank A/c TypeCurrent A/CCurrent A/C
Beneficiary Account Number (QUANTUM and Folio no./PAN no.)QUANTUM1234567QUANTUMABCDE1234F
Beneficiary NameQUANTUM MUTUAL FUNDQUANTUM MUTUAL FUND
Branch AddressSandoz BranchSandoz Branch
IFSC CodeHDFC0000240HDFC0000240

3. After completing the fund transfer through IMPS mode, the investor needs to mention the payment reference number under the section ‘Payment Details’ in the application form.

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.

Interbank Mobile Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. The IMPS facility allows customers to use mobile instruments as a channel for accessing their bank accounts and remitting funds from there.

Click here to view the entire list of who can invest?
Click here to view the entire list of who cannot invest?

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
Choose your preferred mode and click on the below links to read more and invest with us.

Quantum Mutual Fund

Please note that for ETF schemes i.e. QGF and QIF you will have to read the respective SID of the schemes.

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 AmountAmount in Rs.
Growth OptionRs. 500/- and in multiples of Re. 1/- thereafter.
Monthly Dividend Payout OptionRs. 500/- and in multiples of Re. 1/- thereafter.
Monthly Dividend Re-investment OptionRs. 500/- and in multiples of Re. 1/- thereafter.
Additional Investment in all optionsRs. 500/- and multiples of Re. 1/- thereafter / 50 units
Redemption/ Switch Out in all optionsRs. 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.

Quantum Dynamic Bond Fund


Note: IDCW stands for "Income Distribution cum Capital Withdrawal"

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.
•QDBF controls interest rate risk by active interest rate management. The macro research team actively tracks and forecasts interest rate outlook and the portfolio maturity profile is altered at appropriate time based on interest rate view

Yes, there is an option to hold the units in dematerialized mode.

To avail the same you should have a Demat/beneficiary account with a DP and need to mention all the details of your account no. and DP while filling the application form.

Also please note that SIP is allowed in Demat mode but Switch in/ Switch out/ Systematic Withdrawal Plan/ Systematic Transfer Plan are currently not available in the demat mode.

Click here to view the FAQs on Demat.

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:

InstrumentsIndicative Allocation (% of Net Assets)Risk Profile
 MaximumMinimumHigh/Medium/Low
Government Bond/Bills10025Low to High
PSU Bonds500Medium to High
Certificate of Deposits/Commercial Paper/Short Term Debt Instruments750Low to Medium
CBLO/Repos1000Low

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.

Click here to view the entire list of who can invest?
Click here to view the entire list of who cannot invest?

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
Choose your preferred mode and click on the below links to read more and invest with us.

Quantum Mutual Fund

Please note that for ETF schemes i.e. Quantum Gold Fund ETF and Quantum Nifty 50 ETF you will have to read the respective SID of the schemes.

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:

Entry Load: NIL*

* Not Applicable (In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 it has been notified that, w.e.f. August 01, 2009 there will be no entry load charged to the schemes of any Mutual Fund.)

It should be noted that Quantum Mutual Fund has not charged Entry Load for any of its schemes since inception. We were one of the first mutual funds in India to launch schemes with no entry load, much prior to SEBI discontinuing the same.

Exit Load

W.e.f.June 02,2014:

a) 1.00% if redeemed or switch out on or before 90 days from the date of allotment of units.
b) NIL if redeemed or switch out after 90 days from the date of allotment of units.

The scheme is intended for investors with a long term investment horizon. The exit load is imposed to discourage investors who may buy and sell frequently which will adversely impact the returns of the other investors. Investors who have stayed invested for at least 90 days will not be charged any exit load.

The exit load in case of SIP & STP will be calculated on FIFO (First in First out) basis.

Click here to read more on “High exit loads actually work for you!?”

Please refer below table for the minimum amount required to invest or redeem in the Quantum Multi Asset Fund of Funds.

Minimum AmountAmount in Rs.
Initial Investment
Rs. 500/- and multiples of Re. 1/- thereafter
Additional InvestmentRs. 500/- and multiples of Re. 1/- thereafter / 50 units
Redemption/ Switch OutRs. 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:

InstrumentsMinimum 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 Schemes25%65%Low to Medium
Units of Gold Scheme10%20%Medium
Money Market instruments, Short-term Corporate debt securities, CBLO, Repo / Reverse Repo in government securities and treasury bills only0%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

Quantum Multi Asset Fund

The investment objective of the Scheme is to generate modest capital appreciation while trying to reduce risk (by diversifying risks across asset classes) from a combined portfolio of equity, debt / money markets and Gold schemes of Quantum Mutual Fund.

The Scheme may invest in the units of debt / money market schemes of other mutual funds to gain exposure to debt as an asset class to manage any investment and regulatory constraints that arise / that prevent the Scheme from increasing investments in the schemes of Quantum Mutual Fund.

There can be no assurance that the investment objective of the Scheme will be realized.

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.

Click here to view the FAQs on Demat.

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

Click here to view the entire list of who can invest?
Click here to view the entire list of who cannot invest?

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).

RETAIL INVESTOR -

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 NameQNIFTY Unit Ticker
HDFC SecuritiesQUAINDEQNR
ICICI DirectQINDEX
SharekhanQNIFTY

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.

Directly with the Fund: The investors can create / redeem in exchange of Portfolio Deposit and Cash Component in creation of minimum unit size of 2000 units at NAV based Price.

Through Exchange:
  • • 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.
  • • You can buy QNIFTY units on the capital market segment of NSE through your stock broker or through your online trading service during trading hours at a price which may be close to the NAV of the Scheme.
  • • Minimum lot size is one unit.

The Quantum Nifty 50 ETF may invest in the following Instruments:

Instruments / Securities CoveredIndicative Allocation (% of total Assets)Risk Profile
Securities covered by the Nifty 5090%100%High
Money Market Instruments, other short term debt instruments as permitted under SEBI (Mutual Funds) Regulations, 1996 and Liquid Schemes of Mutual Funds0%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.