Investment
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Frequently Asked
Questions
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. |
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.
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.
| Scheme Name | STP Options | Daily | Weekly | Fortnightly | Monthly | Quarterly |
| Quantum Long Term Equity Value Fund / Quantum India ESG Equity Fund / Quantum Equity Fund of Funds / Quantum Gold Savings Fund / Quantum Multi Asset Fund of Funds / Quantum Dynamic Bond Fund / Quantum Nifty 50 ETF Fund of Fund | ||||||
| Minimum STP 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 STP Installments | 132 | 25 | 13 | 6 | 4 | |
| Quantum ELSS Tax Saver Fund | ||||||
| Minimum STP amount | ₹500/- and in multiples of ₹500/- thereafter | ₹500/- and in multiples of ₹500/- thereafter | ₹500/- and in multiples of ₹500/- thereafter | ₹500/- and in multiples of ₹500/- thereafter | ₹500/- and in multiples of ₹500/- thereafter | |
| Minimum STP Installments | 132 | 25 | 13 | 6 | 4 | |
| Quantum Liquid Fund | ||||||
| Minimum STP 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 STP Installments | 132 | 25 | 13 | 6 | 4 |
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:
Note:
| Modification of the STP | Cancellation of the STP |
|---|---|
| 1 Visit www.QuantumAMC.com. 2 Click on ‘Login’ 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 ‘Login’ 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’ |
- The online STP modification/cancellation request needs to be submitted 10 business days prior to the next STP date opted by you online.
- 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
- Modification can only be done in the STP amount and STP end period
You can start online 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 |
| • | Quantum Nifty 50 ETF Fund of Fund |
For an STP you can invest a lump sum amount in one scheme and regularly transfer a pre-defined amount into another scheme. Commonly, investors park a lump sum amount in a debt fund, from where a regular amount is transferred at periodic intervals into specific equity-oriented funds. It is similar to the drip investing concept of an SIP, the only difference being that money flows from one fund to another in case of an STP instead of being transferred from your bank account. This eliminates the risks associated with timing the market in case of lump sum investments and in turn offers the benefit of rupee cost averaging. You may choose a daily, weekly, monthly or a quarterly transfer plan, as per your needs.
For an STP, you have to choose a fund from which the transfer is taking place (Transfer of scheme or fund) and a fund to which the transfer is taking place (Transferee Scheme or Fund). Transfers can be made daily, weekly, monthly or quarterly depending upon the STP chosen by you and the options available.
The STP takes place in the form of units of the fund. This switch to the new scheme is carried out at the prevailing net asset value (NAV). Depending upon the NAV of the transferor fund, the redeemed units are converted in to redemption amount which is used to purchase the units of the transferee fund.
Say if a person wants to invest in a fund "B" through STP, he will have to first select a fund "A" which allows STP. After selecting the fund "A", he will select fund "B" where the amount will be transferred. But instead of reallocating the entire amount, in STP you can select and set your amount and time period according to your risk appetite and the money will be regularly transferred from fund "A" to fund "B".
The STP helps against any foreseen or sudden downfalls of the market.
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’.
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 Login 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
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 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
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.
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;
Please find below the exit load structure of each scheme;
• Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme
• Quantum Liquid Fund: Please click here to view the load structure of the scheme
• Quantum Tax Saving Fund: Please click here to view the load structure of the scheme
• Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme
• Quantum Gold Savings Fund: Please click here to view the load structure of the scheme
• Quantum Multi Asset Fund of Funds: Please click here to view the load structure of the scheme
• Quantum Dynamic Bond Fund: Please click here to view the load structure of the scheme
• Quantum India ESG Equity Fund: Please click here to view the load structure of the scheme
• Quantum Nifty 50 ETF Fund of Fund: Please click here to view the load structure of the scheme
Yes, to start Online STP you must have a minimum balance of Rs.5,000/- in the scheme you wish to invest from.
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.
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.
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