Investment Objective
The investment objective of the Scheme is to achieve long-term capital appreciation by investing primarily in shares of companies that will typically be included in the BSE 200 index and are in a position to benefit from the anticipated growth and development of the Indian economy and its markets. The investment strategy of the Mutual Fund will be to invest in companies it believes are attractively priced in the market when compared to the Investment Manager's valuation of the company. The Investment Manager's valuation will be based on a number of factors, including the Investment Manager's assessment of the skill and expertise of the company's management team and the long term potential for both the company and the sectors in which it operates. Such opportunities may arise for a variety of reasons ranging from the belief that the markets have undervalued a company, to an assessment that there is opportunity for significant profit or market share growth given the dynamics of the sector a company operates in, or as a result of the company's competitive or proprietary advantages.
Investment Process
Clients get best of bottom up ideas with a risk control measurement for each sector
< 40 stocks
Portfolio of stocks with broad exposure to various sectors. Reflecting three broad themes: domestic consumption, exports and infrastructure
Regular meeting to review ideas and approve value stocks for the database.
=
100 stocksAnalysts study stocks in their sector in India with global comparisons wherever necessary. The universe is generally BSE 200 with flexibility to include new issues. Research includes visit notes, financial models and investment thesis, supplemented with broker research.
> 200 stocks
Asset Allocation
| Instruments |
Indicative Allocations (% of total assets) |
Risk Profile
High / Medium / Low |
| Minimum |
Maximum |
| Equity and equity-related Securities * |
80 |
100 |
High |
| Debt and money market instruments |
0 |
20 |
Low to Medium |
* Equity related Securities shall mean equities, cumulative convertible preference shares and fully convertible debentures and bonds of companies. Investment may also be made in partly convertible issues of debentures and bonds including those issued on rights basis subject to the condition that, as far as possible, the nonconvertible portion of the debentures so acquired or subscribed, shall be disinvested within a period of 12 (twelve) months.
The Scheme does not intend to make any investments in derivatives, and ADR/GDRs/foreign Securities. However, the Scheme may make investments in derivatives, ADR/GDRs/foreign Securities as and when permitted by the ELSS. The scheme shall not invest in foreign securitized debt The above asset allocation is only indicative and may change from time to time, keeping in view the market conditions and applicable rules and regulations.
Term of Issue
Redemption and Load Structure: Quantum Tax Saving Fund is an open-ended Equity Linked Savings Scheme offering Growth and Dividend Plans. The units are available at the price of Rs. 10/- during the New Fund Offer(NFO) and after the NFO can be subscribed /redeemed at the applicable NAV, subject to applicable load, on all business days during the continuous offer.
Expense Ratio
Effective 1
st June 2010, the expense ratio of the fund is 1.50%. Any change in the expense ratio will be updated within two working days.
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Statutory Details
Quantum Mutual Fund (the Fund) has been constituted as a Trust under the Indian Trusts Act, 1882. Sponsors: Quantum Advisors Private Limited. (Liability of Sponsor limited to Rs.1, 00,000/-)
Trustee
Quantum Trustee Company Private Limited.
Investment Manager
Quantum Asset Management Company Limited (AMC). The Sponsor, Trustee and the Investment Manager are incorporated under the Companies Act, 1956. The Sponsor/AMC are not responsible or liable for any loss or shortfall resulting from the operation of the Scheme.
Excellent research,bears significance in current uncertain times. Thank You
B. M. Motafram
Investments in mutual funds are subject to market risks including uncertainity of dividend distributions and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities markets and there is no assurance or guarantee that the objectives of the scheme will be achieved. The past performance of the Sponsor has no bearing on the expected performance of the scheme. Quantum Tax Saving Fund is the name of the scheme and does not in any manner indicate either the quality of the Scheme, its future prospects or returns. The Sponsor or any of its associates is not responsible or liable for any loss resulting from the operation of the Scheme beyond its initial contribution of Rs. 1, 00,000 to the corpus of the Quantum Mutual Fund. The Fund is not guaranteeing or assuring any dividend. The Fund is also not assuring that it will make periodical dividend distributions, though it has every intention of doing so. All dividend distributions are subject to investment performance of the Scheme.
Scheme Specific Risk
QTSF is the first ELSS being launched by the AMC. Units issued under the QTSF will not be redeemed until the expiry of 3 (three) years from the date of their allotment. Redemption will be made prior to the expiry of the aforesaid 3 (three) year period only in the event of the death of a Unit Holder, subject to the Units having been held for a period of 1 (one) year from the date of their allotment. Equity and Equity related instruments are by nature volatile and prone to price fluctuation due to both macro and micro factors. Please read the Scheme Information Document (SID) of QTSF before investing.
SID/Key information Memorandum/ Application Forms are available at the Quantum AMC Office at 505, Regent Chambers, Nariman Point, Mumbai 400021.
Net Banking facility is extended by:
- Allahabad Bank
- Axis Bank
- Bank of India
- Bank of Rajasthan
- Bank of Baroda
- Corporation Bank
- Deutsche Bank
- Dhanalakshmi Bank
- Federal Bank
- HDFC Bank
- ICICI Bank
- IDBI Bank
- Indian Overseas Bank
- Karnataka Bank
- Oriental Bank of Commerce
- South Indian Bank
- Standard Chartered Bank
- Vijaya Bank
- Yes Bank
Please read the Scheme Information Document and Statement of Additional Informaion carefully before investing.