Frequently Asked
Questions

Investing through an SIP offers several key benefits:

1. Discipline in Investing: SIP encourages regular, systematic investment, which fosters disciplined saving and investing habits over time.
2. Rupee Cost Averaging: With SIP, you invest a fixed amount regardless of the market’s performance, buying more units when prices are low and fewer when prices are high. This helps average out the cost of investment over period of time.
3. Compounding: Investing regularly through SIP allows your money to grow over period of time through compounding,helping your investment grow faster.
4. Affordability: SIPs allow you to start with as low as Rs. 100/- (depending on scheme and frequency), making it accessible even for those with a limited budget.
5. Flexibility: SIPs offer flexibility in terms of the amount, tenure and frequency of investment. You can increase, decrease, or pause your SIP depending on your financial situation.
6. Long-Term Wealth Creation: SIP is ideal for long-term investing, as it helps investors ride out market volatility and generate wealth over period of time through the power of compounding.
7. No Timing the Market: SIP removes the need to time the market, as you're investing consistently, which means you don't have to worry about whether it's a good or bad time to invest.
8. Risk Diversification: Small amount of investment through SIPs in different asset type of  mutual fund schemes, which helps spread risk across different assets, potentially reducing the impact of market fluctuations.
9. Achieving Financial Goals Through SIP: SIP helps fulfil your dreams by allowing you  to make small, fixed tenure investments over period of time to build a corpus for financial  goals like buying a house, children's education, or marriage. Since these objectives require large sums, SIP enables wealth creation through consistent contributions, making it easier to reach these aspirations. 

Overall, SIP is an efficient way to build wealth gradually, especially for those who may not have large sums to invest initially or prefer a less hands-on approach to investing.

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

This table demonstrates that, although the invested amount is the same in both cases, the returns from the SIP investment mode are comparatively higher.

You can start offline and online SIP in Direct and Regular Plans in the following schemes:

No, there are no additional charges for availing the SIP facility. However, some banks may charge mandate registration fees for physical mandate registrations. We recommend checking with your bank for any such charges.

A. Physical Mode:

The mandate registration in physical for SIP can be submitted at any of the Point of Services (POS):- click here for our branch address or nearest Kfin Technologies Ltd Collection Centres

Investors/Unitholders needs to submit an original cancelled cheque (or a copy) with the name and account number pre-printed, or a bank account verification letter, to register the mandate.The unitholder’s cheque/bank account details will be subject to third-party verification.

Investor opting for this facility must be KYC complied.
For New investors: - New investors need to submit the dully filled and signed Common Application Form along with SIP & One Time Mandate Form to any of our point of services 

For Existing Investors: Existing investors can submit the dully filled and signed  SIP & One Time Mandate Form to any of the point of services.

Digital Mode: Please refer below steps for New & Existing Investor:

For SIP Registered through Physical Mode: To change bank details for an existing SIP, you must first cancel your current SIP, which will be processed within two working days (T+2). If an installment is due within 10 days, it will be processed and debited from your account. After cancellation, submit the SIP & One Time Mandate Form  with a cancelled cheque of your new bank account. The new mandate will be registered within 21 calendar days. Additionally, may submit Multiple Bank Account Registration Form  , along with a cancelled cheque or an attested bank statement/passbook. Your new bank details will be updated within 10 working days.

For SIP Registered through Online Mode: There is no option to change the bank for an online SIP. You will need to cancel the current SIP and register a new one with the new bank account.

You will receive an update once your request is processed.

SIP will be registered for all banks offering NACH facility.Kindly refer the list of Live Banks offering  NACH facility. The list of participating banks may be updated, modified, or removed at any time at the sole discretion of the National Payments Corporation of India (NPCI), without prior notice or reason. Standing instructions for investors with these banks may be discontinued, and we will notify you of such discontinuation.

ISIP registration (only online) below banks providing ISIP registration facility.

Note: For ISIP registration multiple modes are available

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)

Fixed amount and maximum amount -Investor can select appropriate option.

Yes, you can!

For SIP registered through physical mode:

To cancel  your existing SIP with Quantum Mutual Fund, submit the SIP cancellation form or a written request with your folio number, scheme name, SIP date, and amount to our registered office or nearest POS . Your SIP will be cancelled within T+2 working days. If an installment is due within 10 days, it will be processed and debited from your account.

To modify your SIP amount or frequency, submit a cancellation request, followed by a fresh SIP registration request.

To pause your SIP, email us from your registered ID at [email protected]. The pause will be processed within 10 calendar days, after a verification call to your registered contact number.

For SIP registered through Online mode:

If you wish to modify/pause/cancel the existing ISIP registered with us, you can do so by following the below mentioned procedures:

In case your Email address is registered in our records, you will receive a confirmation email at your registered email address or physical statement of account will be sent to registered mailing address on monthly basis .

Yes, the ongoing SIP will be terminated after 3 consecutive reversals except quarterly frequency SIPs, for quarterly will be terminated after 2 consecutive reversals due to any reason.

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.

For Monthly SIP, you can choose a Top-Up frequency of either Half-Yearly or Yearly. And for Quarterly SIP, the Top-Up frequency is available only on a Yearly basis. If no frequency is selected, the default Top-Up frequency will be Yearly for both Monthly and Quarterly SIP.

Yes, you can set a Top-Up Cap either on the Amount or the Period.

• Top-Up Cap on Amount: Investor can place maximum cap on amount. Once the SIP amount reaches the selected Top-Up Cap amount, the SIP instalment amount will be freezed till end of the SIP tenure. This ensures that no further increases will occur once the cap is reached.
• Top-Up Cap on Period: Investor can place maximum cap on period (month and year). Once the SIP reaches the selected Top-Up Cap period, the SIP amount will remain constant from that point forward until the end of the SIP tenure, regardless of any additional Top-Ups.

If neither a Top-Up Cap Amount nor a Top-Up Cap Period is selected, a default Cap Amount of Rs. 10 Lakhs will be applied. This means that once the Top-Up reaches Rs. 10 Lakhs, the SIP amount will remain constant for the rest of the SIP tenure.

Once the SIP is enrolled with the Top-Up facility, the details cannot be modified. To make any changes, you will need to cancel the existing SIP and enrol for a new SIP with the updated Top-Up options.

Currently, the SIP Top-Up facility is applicable only to new SIP enrolments. 

Investors can opt in for the online Modify SIP facility where the existing SIP will be cancelled and a fresh SIP with top up will be registered.

Physical Mode:

For New investors: - New investors need to submit the dully filled and signed Common Application Form along with SIP & One Time Mandate Form to any of our point of services 

For Existing Investors: Existing investors can submit the dully filled and signed  SIP & One Time Mandate Form to any of the point of services.

Online Mode: 

Let’s consider an example where an investor opts for a Monthly SIP with the SIP Top-Up facility:

Investor Details:

• SIP Amount: Rs. 5,000 per month
• SIP Frequency: Monthly
• SIP tenure Dec 2050 (25 years)
• Top-Up Amount: Rs. 500
• Top-Up Frequency: Yearly
• Cap Amount: Rs. 10,000
• Top-Up Start Date: January 1, 2025

Note:

• The SIP Amount starts at Rs. 5,000 and increases by Rs. 500 each year.
• The Top-Up frequency is yearly.
• The Cap Amount of Rs. 10,000 is reached by the 10th year.
• After the Cap Amount is reached, the SIP amount will stay fixed at Rs. 10,000 for the remaining of the SIP tenure.

As your income grows year after year – whether through a new job or your business reaching new milestones – it's important to remember that expenses are also on the rise. They don’t stay stagnant; they tend to increase as well. This is where SIP Top-Ups come into play. They allow you to gradually increase your SIP investments, giving your portfolio a much-needed boost. Think of it as a workout for your investments: the more you contribute, the stronger they become. The key factor here is compounding. By utilizing SIP Top-Ups, you harness the power of compounding over the long term, helping you work towards building substantial wealth.

1. Helps Combat Inflation

With the average annual inflation rate in India hovering around 7.5%, your purchasing power is likely to decrease over time if your investments don’t keep pace with rising costs. By increasing your SIP contribution by a percentage equivalent to or greater than the inflation rate, you can ensure that your investments grow in line with inflation. This way, you preserve the real value of your investments and ensure that your financial goals remain achievable despite rising expenses.

2. Aligns with Your Income Growth

As your income grows, it makes sense to increase your savings accordingly. By setting up SIP top-ups that match your income growth, you can continue to invest without straining your finances. This strategy allows you to save more over time without altering the percentage of your income allocated to investments, helping you build wealth in tandem with your increasing earnings.

3. Achieve Financial Goals More Quickly

Increasing your SIP contributions through top-ups can accelerate the growth of your investment corpus. Since you're consistently increasing your investment amount, you may reach your financial targets sooner than initially expected. This strategy helps you accumulate the necessary funds faster, reducing the time it takes to achieve your long-term financial objectives and enhancing the potential for higher returns.

4. Operational Ease

One of the key advantages of SIP Top-Ups is the ease with which they can be implemented. Once you set up your SIP top-up option, the increments are automatically applied at the specified intervals, whether monthly or annually. This eliminates the need for manual adjustments and ensures that your investments continue to grow without any extra effort. It offers a seamless and hassle-free way to enhance your investment plan without worrying about remembering to increase your contributions. This level of automation provides both convenience and consistency, making it easier to stay on track with your long-term financial goals.

A Systematic Transfer Plan (STP) allows an investor to invest a lump sum amount in one scheme and periodically transfer (or switch) a predetermined sum to another scheme. Depending on the selected frequency, the chosen amount is transferred on a specified date from the initial scheme to another scheme of the investor’s preference.

STP is an effective tool when you need to rebalance your portfolio, saving you from the operational complexities of manually transferring funds into equity schemes.

When market conditions suggest potential growth in equities, STP allows you to strategically shift your portfolio towards equity for better returns.

o   Invest in Debt Funds & Transfer to Equity: You can invest in debt funds and then initiate an STP to an equity fund, making it similar to a Systematic Investment Plan (SIP).

o   Works Like an SWP: STP can also function like a Systematic Withdrawal Plan (SWP). By transferring from equity funds to debt funds, you can protect your portfolio when markets are volatile, similar to how an SWP works.

o   Liquidity: Typically, STP is used to transfer from debt funds to equity funds. Since your money is initially invested in debt funds, you have the flexibility to liquidate it at any time, making it an effective emergency fund option.

o   Growth Potential: While your funds are invested in debt schemes, they continue to grow at the prevailing debt returns, contributing to your overall wealth accumulation.

Systematic Transfer Plan (STP) allows you to invest a lump sum in one mutual fund scheme and systematically transfer a fixed amount at regular intervals into another scheme. Typically, investors park their money in a debt fund and gradually move it into an equity-oriented fund. This strategy works similarly to a Systematic Investment Plan (SIP), but instead of transferring money from your bank account, the funds are moved internally between schemes.

STPs help reduce the risk of timing the market when investing a large sum by spreading the investment over time. This also offers the benefit of rupee cost averaging. You can choose the transfer frequency—daily, weekly, fortnightly, monthly, or quarterly—based on your investment goals and preferences.

To set up an STP, you need to choose:

1. The source fund (Transferor scheme) from which the money will be withdrawn.
2. The destination fund (Transferee scheme) where the money will be invested.

Transfers are made in terms of units. Based on the Net Asset Value (NAV) of the source fund on the transfer date, units are redeemed, and the corresponding amount is used to buy units of the destination fund at its prevailing NAV.

For example, if you want to invest in Fund ‘B’ through an STP, you first invest a lump sum in Fund ‘A’ that supports STP. Then, you set up a schedule to gradually transfer a chosen amount into Fund ‘B’ over your selected time frame. This approach lets you tailor your investment to your risk tolerance.

STPs can be a useful way to manage market volatility and protect your investments from sudden downturns.

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

Physical - For New Investors: Please enclose duly filled and signed STP Form along with Common Application Form and requisite documents as per checklist mentioned therein.

For Existing Investors: Kindly submit duly filled and signed STP Form at the address mentioned below:

Quantum Asset Management Company Private Limited: 1st floor, Apeejay House, 3 Dinshaw Vachha Road, Backbay Reclamation, Churchgate, Mumbai - 400 020

K Fintech Technologies Limited - K Fintech Technologies Limited is our Registrar and Transfer Agent having many offices across India. Click Here for all the locations available over India

Digital: Currently only an existing investor with Quantum Mutual Fund can register online STP. Follow a simple registration process as mentioned below to start an Online STP.

1.      Visit www.QuantumAMC.com

2.      Click on ‘Login’ section and log in using your User Id/PAN with Password and OTP

3.      Under ‘Transact’ click on ''STP''

4.      Click on ‘New STP Registration’

5.      Click on ‘Register STP’ against the respective source scheme

6.      Fill up the Online STP registration form

7.      Click on "Send OTP." Once you receive the OTP on your registered email ID or mobile number, please enter it.

8.      Click on "Submit" and confirm your STP registration by selecting the "Confirm" option.

Note: The application for start of STP should be submitted at least 5 business days before the date of commencement/start date of STP. You will receive an intimation on successful registration of STP in the Folio.

In case your Email Id is registered in our records, you will receive a confirmation email at your registered email address. In case your Email Id is not registered with us, you will receive a physical statement of account at your registered mailing address on a quarterly basis.

Yes, you can modify / pause / cancel your STP.

Physical: 

To cancel your STP request, please submit a written request signed by unit holder(s) as per the mode of holding. The request should include your folio number, the STP amount, the STP date, and the name of the scheme from which you wish to cancel the STP.

You can modify or pause the offline STP via online mode. Please Click Here to modify or pause your STP.

Digital: you wish to modify / pause / cancel your existing STP registered with us via our website or mobile application, you can do so by following the steps outlined below:

Note: 

1. In case the modification request received involves change in the STP amount and if any STP installment is due within 5 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.
2. Your request for STP cancellation / modification / pause  needs to be submitted 5 working days prior the STP date.
3. The online modification of STP can only be done in the STP amount and the STP end period.

STP facility is available free of charge.

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.

Following is the procedure for Instant redemption.

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 90% 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.

SWP instructions will take a minimum of 5 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.

Note: Minimum balance to start SWP: Rs.5000/-

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

SWP instructions will take 5 business days for registration with the registrar. The first withdrawal will be carried out only after the registration.

For New Investors:

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

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:

Yes, you can! 

To cancel your SWP request, kindly submit to us a duly signed written request 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,  the scheme name in which you wish to cancel the SWP. 

You can modify or pause the offline SWP via online mode. Please Click Here to modify or pause your SWP.

Note:
Your request for SWP cancellation / modification / pause  needs to be submitted 5 working days prior the SWP date.
The online modification of SWP can only be done in the SWP amount and the SWP end period.

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.

An existing investor can register SWP through our website.

Minimum conditions

•   To register SWP the minimum balance should be more than ₹ 5000
•   This facility is not available for folios in demat mode

1. Visit WWW.QuantumAMC.Com 
2. Click on Login, and  login by using credentials.
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 "Order Review"
8. After review Click on “Send OTP” 
9. After entering the “OTP” Click on ‘Submit’ to SWP registration. 

Yes, you can cancel, pause and modify your online SWP.

If you wish to modify/pause/cancel the existing SWP registered with us through Quantum's Website or Mobile Application, you can do so by following the below mentioned procedures:

Notes:

1. The online SWP modification/cancellation/pause request needs to be submitted 5 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 5 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.

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 '' Transact > SWP > Registered SWP ''.

The Online SWP facility is available at NO CHARGE.

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

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 Click Here for the list of IMPS enabled banks for instant redemption facility.

If you are holding Mutual Fund Units in the physical form, which are represented by a Statement of Account, you can convert these units into dematerialised form in your demat account with any Depository Participant (DP) of NSDL or CDSL. DPs have enabled holding of mutual fund units [represented by Statement of Account] in dematerialised form. You can use your existing demat accounts for converting your mutual fund units in dematerialised form.

Please note that once your mutual funds are in demat form, you can sell them either via a stock broker through the Exchange platform (BSE Star & NSE MFSS) or through the off-market mode i.e. by selling/redeeming it through your Depository Participant.

Note: The investors who hold their units with the CDSL can redeem the units directly with the AMC without converting their units in physical mode (except units of Quantum Liquid Fund, Quantum Dynamic Bond Fund and ETF Funds)

Following is the procedure for Instant redemption.

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’

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.

No. Currently you can apply for the instant redemption only via web transactions.

No. Currently there are no additional charges for instant redemption facility.

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.

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. Instant redemption facility is not available for the demat investors.

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.

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.