Solutions to meet Sustainable Development Goals: SDG-17
What Is Smile?
Quantum MF Investors, can contribute 10% of their investment in eligible funds towards charities vetted by HelpYourNGO (a platform with 650+ listed NGOs)
The Smile Story
SMILE was born out of our desire to support credible NGOs and create a steady stream of money flow for them.
Outcome So Far
Since 2018, Quantum MF investors have supported 7 NGOs from diverse sectors via SMILE and disbursed Rs. 7.6 CR
How it Works
-
Investors invests in SMILE units of
(E.g. SMILE Investment Rs. 100)
Quantum Mutual Fund -
HelpYourNGO issues donation receipts
(Rs.11)
and 80G certificates to Donors for the
SMILE contribution -
NGOs issue donation receipts and 80G
(Rs.10.45)
certificates to HelpYourNGO
-
On the payout date i.e. 30 September
(Assuming Corpus grows to Rs. 110, SMILE
every year, Quantum disburses 10% of
the SMILE corpus to the HelpYourNGO
payout isRs.11) -
HelpYourNGO donates 95% of the
(Rs.10.45)
contribution to the selected NGOs -
HelpYourNGO shares the NGOs
(Rs.10.45)
donation receipts with the Donors for
complete transparency
-
Investors invests in SMILE units of
(E.g. SMILE Investment Rs. 100)
Quantum Mutual Fund -
On the payout date i.e. 30 September
(Assuming Corpus grows to Rs. 110, SMILE
every year, Quantum disburses 10% of
the SMILE corpus to the HelpYourNGO
payout isRs.11) -
HelpYourNGO issues donation receipts
(Rs.11)
and 80G certificates to Donors for the
SMILE contribution -
HelpYourNGO donates 95% of the
(Rs.10.45)
contribution to the selected NGOs -
NGOs issue donation receipts and 80G
(Rs.10.45)
certificates to HelpYourNGO -
HelpYourNGO shares the NGOs
(Rs.10.45)
donation receipts with the Donors for
complete transparency
Investors receive periodic program reports on the NGOs supported by them
Invest Now
