Frequently Asked
Questions

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.

To check the performance of the Quantum Nifty 50 ETF Fund you will have to go through the current factsheets.

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.

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

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.

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.

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.

Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Click here to understand the details on Taxation

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;

• • 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.

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).

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 -

Broker codes for some of the online trading services are mention below:

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.

Mr. Hitendra Parekh is managing the scheme Work experience: 29.5 years. He has been managing this fund since July 10, 2008 
Click here to view his complete profile

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;

A. Investors can directly approach the AMC for redemption of units of ETFs, for transaction of upto INR 25 Cr. without any exit load, in case of the following scenarios:
i. Traded price (closing price) of the ETF units is at discount of more than 1% to the day end NAV for 7 continuous trading days, or
ii. No quotes for such ETFs are available on stock exchange(s) for 3 consecutive trading days, or
iii. Total bid size on the exchange is less than half of creation units size daily, averaged over a period of 7 consecutive trading days.

B. In case of the above scenarios, applications received from investors for redemption up to 3.00 p.m. on any trading day, shall be processed by the AMC at the closing NAV of the day.

C. The above instances shall be tracked by the AMC on a continuous basis and in case if any of the above mentioned scenario arises, the same shall be disclosed on the website of AMC under respective Scheme Product page.

Investor need to fill the application form available on Link ETF Transaction Slip and submit at the Official Point of Acceptance of the AMC.

Investors need to submit the off-market “Delivery Chalan” to transfer the units from their DP account to scheme’s DP account. This Delivery Challan need to be submitted to your DP and acknowledgement to be attached with our transaction slip. Please click here to download the ETF Transaction Slip.

Above application can be submitted to our AMC branch or Kfintech Collection Center nearest to you. Please click here to locate the address closest to you.

Alternatively, you can also email us the above applications from your registered Email Id to our Transact Id – [email protected].