Frequently Asked Questions

  • What documents need to be verified?

    As an Advisor, you should have any one of the following valid certifications, which will be verified by Team Certified Financial Guardian:

    1. SEBI registration under SEBI (Investment Advisors) Regulation, 2013;
    2. AMFI Registration No. (ARN)
    3. An employee of entity registered under SEBI (Investment Advisers) Regulation, 2013

    - You are required to submit self-attested scanned copies of the above mentioned certifications.
    - You may also need to submit self-attested scanned copy of your PAN card and address proof.

    If you are an employee of an entity, you should submit:

    1. Scanned copy of the certificate issued by SEBI under SEBI (Investment Advisors) Regulation, 2013
    2. Scanned copy of letter from the entity authorizing you (the Advisor) to interact on behalf of the entity. It is the responsibility of the entity to ensure that the representative fulfill the qualifications as required under SEBI (Investment Advisers) Regulations, 2013.
  • How does one get access to Quantum Cosmos?

    The first step is to register with us. Post registration Partners can avail of all the benefits the platform offers.

  • What is Certified Financial Guardian (CFG)?

    A ''guardian'' stands as a symbol of trust, faith and respect.

    A ''guardian'' stands for high quality of knowledge and solid expertise when it comes to ethically guiding investments.

    A ''guardian'' always puts your interest before his own, no matter what''s at stake.

  • Who is a Certified Financial Guardian?

    Certified Financial Guardian is someone who will not just be an advisor, but will guide you through the complicated world of personal finance. He will always, in all dealings related to investments, put your interest before his own. No matter what''s at stake. In short, he is not just an advisor but a ''guardian'' for your investments!

  • Who can become a Certified Financial Guardian?

    To become a Certified Financial Guardian, you need to be an Indian citizen who should successfully complete the 10-hour Certified Financial Guardian E-Learning program and have a valid course completion certificate. A completion certificate rewarding the users as a "Certified Financial Guardian" will be issued by PersonalFN on successful completion of the Certified Financial Guardian Course.

  • What are the contents of the Certified Financial Guardian E-Learning Program?

    The Certified Financial Guardian training will educate you on proper ethics and methods of financial advisory business. You will learn from retirement planning to investment research to financial planning.

  • How long will be the Certified Financial Guardian E-Learning Program?

    It will be around 10-hour E-Learning program spanning over 6 weeks.

  • Will I be allowed to get listed on the Certified Financial Guardian platform?

    To get listed on the Certified Financial Guardian platform, you need to be an investment advisor who should successfully complete the Certified Financial Guardian E-learning program and should have a valid course completion certificate. Moreover it is mandatory that you should be qualified to offer or provide any investment advisory services as allowed by the Securities and Exchange Board of India (SEBI) and Association of Mutual Funds in India (AMFI).

    You will be listed on the Certified Financial Guardian website only when the requisite documents are verified and approved by Team Certified Financial Guardian.

  • What is the Quantum Cosmos - Partner Portal all about?

    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.

    The benefits a Partner can avail from this portal are answered in point number 9.

  • What the benefits Quantum Cosmos offers to Partners?

    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.

    CERTIFIED FINANCIAL GUARDIAN (CFG) & PRIVILEGES -

    A professionally crafted 10 hour e-learning Financial Advisory program which will help you hone your skills to deliver the best of Mutual Fund related services to your investors. On successful completion of the program, Partners will be awarded a Certification and will have access to CFG exclusive privileges through the CFG website.

    CFG privilege 1: Expert Fund Analysis Reports

    CFG privilege 2: Unmatched Research & Training Material

    CFG privilege 3: Online Partner Profile

    CFG privilege 4: Best set of Tools & Calculators

    CFG privilege 5: Innovative info-graphics & GIFs to share, educate and engage investors

    CFG privilege 6: Mutual Fund Screener

    CFG privilege 7: Financial Blogs to keep you in-line with latest industry news

    CFG privilege 8: Smart Asset Allocator - Get a quick Asset Allocation check for your clients’ portfolio

    CFG privilege 9: Portfolio Reviewer - Keep track of your clients’ investments for a brighter financial future!

  • How much do I pay after getting registered as a CFG?

    There is no cost attached to this Program. It is an absolutely free of charge registration and completion process. The certification is valid for a period of one year. Post which a short online exam is to be given to renew your certification.

  • What are the CFG privileges?

    CFG privilege 1: Expert Fund Analysis Reports

    CFG privilege 2: Unmatched Research & Training Material

    CFG privilege 3: Online Partner Profile

    CFG privilege 4: Best set of Tools & Calculators

    CFG privilege 5: Innovative info-graphics & GIFs to share, educate and engage investors

    CFG privilege 6: Mutual Fund Screener

    CFG privilege 7: Financial Blogs to keep you in-line with latest industry news

    CFG privilege 8: Smart Asset Allocator – Get a quick Asset Allocation check for your clients’ portfolio

    CFG privilege 9: Portfolio Reviewer - Keep track of your clients’ investments for a brighter financial future!

    For more queries please write to us on PartnerCare@QuantumAMC.com

  • Is this certification nationally or internationally recognized?

    CFG is not a certification accredited by any certificate granting authority and so does not hold any such recognition nationally or internationally. It is a mandatory requirement to get listed on the platform and create a profile.

    Our aim is to establish it as a symbol of an ethical Partner. We aim to help all our registered CFGs to grow their business by providing them with training, tools, research and also to help them find clients online.

  • Who can be a Partner for Quantum Funds?

    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.

  • What is the process of associating with Quantum Mutual Fund as a Partner/RIA?

    The Partner/RIA can associate with us either through offline or online mode.
    Online:
    1. Click on the tab "Partner With Us” > Online.

    2. Partner to enter either broker code / RIA code 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 Karvy Serviced Fund House. Also the e-mail ID and mobile number are available in Karvy records
    • System will populate the contact details (masked) and OTP will be sent to the registered 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 Karvy Serviced Fund House. However, the e-mail ID and / or mobile number is not available or old contact details registered in Karvy 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 Karvy 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.

  • How long will it take for the Partner Registration process to be completed?

    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.

  • What services will I get after being registered as a Quantum Partner?

    1. Dedicated Relationship Manager.
    2. E-Kyc for your investors.
    3. Investor Awareness Programs for your investors.
    4. Regular market & investment updates.

  • Can investors Switch from Direct Plans to Regular Plans?

    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 - Generic Scheme Details > What is switch? Explain procedure of switch.

  • What is the commission structure?

    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 Saving 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%
  • Is there any upfront commission?
    There is no upfront commission payable
  • Why does Quantum pay only trail commission?
    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.
  • Who is eligible for commission?
    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 ARM 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.
    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
  • What are the GST details of Quantum Asset Management Company Private Limited?

    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 StatusMIGRATED
    Address of Head / Corporate Office.7th Floor, Hoechst House , Nariman Point
    Town/CityMumbai
    StateMaharashtra
    Pin Code400021
    CountryIndia
    Constitution of BusinessSociety/ Club/ Trust/ AOP
    Telephone No./Mobile No.022-61447800
    Email Id - (Invoice to be sent to)Partnercare@QuantumAMC.com
    PAN NoAAATQ0088J
    GSTIN/Unique ID27AAATQ0088J1ZC
    Principle Place Of Business (State)Maharashtra
    Description for InvoiceDistribution Commission for sale of Mutual Fund products
    WebsiteWWW.QuantumAmc.com
  • What is the frequency of getting commission?
    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.
  • What is the mode of getting commission?
    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. Else we will try to make the payment to the Aadhaar linked bank account. If payment through both the mode is unsuccessful then we will issue a cheque and the same would be dispatched to the registered address.
  • Can I distribute your funds online?
    Yes, you can distribute our funds online after signing an Online Distribution Agreement with us.
  • What are the different facilities that Partner/RIA can avail through online services?
    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 transactions on behalf of the investor.
  • What is a Quick Purchase Transaction? What is the procedure to initiate a quick new purchase on behalf of the investor?

    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.

  • Will any transaction charges be deducted for any transaction?
    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.
  • Incase of multiple Partners/RIAs registered under a folio, which folio / scheme details will the Partner be able to view?
    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.
  • What is the procedure for initiating transactions on behalf on investor?
    The procedure to initiate a transaction by Partner/RIA on behalf of the investor is:
    1. Go to Quantum Cosmos on Quantum website
    2. Select Partner Login option
    3. Login with your ARN / RIA code / Mobile number & OTP
    4. Click on "Initiate Transaction" tab
    5. Select the Folio number or enter the Folio number under which transaction needs to be initiated
    6. 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.
    7. The investor has to click on the link and have to confirm the transaction and make the payment
    8. Investor will receive an email acknowledgement as a confirmation for completing the transaction.
  • What are the default values incase of missing / incomplete scheme details mentioned on the application form?

    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.

  • What will be the treatment of investments sourced before April 1, 2017?
    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.
  • What is Jimmy’s Vision Club?

    We have launched Jimmy's Vision Club - a Special, Partner to CEO connect platform, to help Financial Partners / Distributors / Advisors to cater to their concerns on the Mutual Fund industry. It is our continuous endeavor to provide knowledge based value added services to Financial Partners. A knowledge based membership club for registered Partners, the club categorizes Partners into 4 membership levels - Platinum, Gold, Silver and Bronze. Each level will provide certain educative benefits to help scale the MF business of registered Partners.

     

    Loyalty Program Terms & Conditions:

    • The loyalty program is applicable to all registered IFAs and other Partners (Non NDs & banks, with all industry AUM of 50 crores or less) with Quantum AMC.
    • The loyalty program is a point based qualifier for categories:

    a. Platinum Category - 10,000 points

    b. Gold Category - 7,500 points

    c. Silver Category - 5,000 points

    d. Bronze Category - 2,500 points

     Path to view the categorization and alloted points in Partner Login

    1. Visit www.QuantumAMC.com
    2. Click on the tab “Partner Corner”
    3. Click on Partner Login
    4. Login with your ARN and OTP
    5. Click on the tab “Jimmy’s Vision Club” to view the categorization and alloted points

    Note: The points will be alloted basis the transaction type and for the CFG reference.

  • What is Certified Financial Guardian? How can I apply for its certification?

    Certified Financial Guardian (CFG)

    The Certified Financial Guardian programme (CFG) is a one-of-its kind initiative, by PersonalFN, which will complement the advisory skills and provide with a valuable credential that will help to earn the confidence of investors. A 12-hour e-learning program with sessions on ethics, training on risk assessment, tax planning, retirement planning, and investment planning and so on, will help with the essentials needed to become a successful Advisor. Upon successful completion of the program the partners will be awarded with a Certified Financial Guardian certificate which qualifies them to be listed on the CFG platform, which will help them to reach out to investors looking for unbiased professional advice.

     

    • Path to apply for CFG certification

     

    1. Visit www.QuantumAMC.com
    2. Click on Quantum Cosmos
    3. Click on “Certified Financial Guardian” under Partner Education Program tab
    4. Click on “Click here for Certified Financial Guardian”
    5. You will be directed to the www.certifiedfinancialguardian.com, Click on “Register for CFG now”and provide the details as per the requirement.

     

    • Path to refer a friend for CFG certification in Partner Login

     

    1. Visit www.QuantumAMC.com
    2. Click on the tab “Partner Corner”
    3. Click on Partner Login
    4. Login with your ARN and OTP
    5. Click on “Refer friends”
    6. Enter the referrals details as per the requirement and click on “Submit”
    7. An email with the link to complete the procedure for CFG certification registration will be triggered to the email id/s of the referral/s
    8. The referral/s will get directed to the CFG website wherein they have to enter the required details to complete the registration process.

    Note: Only the existing Partners of Quantum Mutual Fund can refer their friends through the Partner Login module.

  • What is the procedure to register an SIP in DIT?

    The below is the procedure to register an SIP in DIT

    1. Visit www.QuantumAMC.com
    2. Click on the tab “Quantum Cosmos” > Click on ‘Partner Login’
    3. Login with OTP
    4. Select ‘SIP’ under the ‘Transaction’ option
    5. Select/Enter the folio and click on ‘Submit’
    6. Click on ‘Add New SIP’
    7. Enter the required details and click on ‘Submit’
    8. Confirm the details of SIP by clicking on ‘Confirm’ option
    9. An email with the link to complete the transaction will be triggered to the investor’s registered email id
    10. Investor has to click on the link to enter the bank details and click on ‘send otp’
    11. OTP will be sent to his registered email id & mobile number. Investor to confirm the transaction by entering the OTP received
    12. Click on Submit
    13. 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
    14. Investor has to register the URN within expiry date (within 7 days from registration date)
    15. SIP will be registered within 15 days post successful registration confirmation received from the Bank.
  • Can a Partner modify the SIP details via Partner Login? If yes, what is the procedure?

    Procedure for SIP Modification in Partner Login :

    1. Visit www.QuantumAMC.com > Quantum Cosmos > 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.