FAQs

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  • Tell me more about Quantum Mutual Fund (QMF)? Why should I invest with QMF?

    Welcome to Quantum Mutual Fund!!

    It is pertinent to note that Quantum Mutual Fund is India’s first and only Direct to Investor fund house and does not pay any commission whatsoever to distributors. Not paying commissions decreases the expense of most of our schemes and thereby adds to the returns of the schemes (subject to performance).

    We offer simple and easy-to-understand products across asset classes (Equity, Liquid/Debt and Gold).
    We started in 2006 as the 29th Fund house and our USPs are;

    1st & Only Direct to Investor Mutual Fund house.
    Disciplined research and investment processes.
    Low Cost schemes with one of the lowest expense ratios in the industry.
    INVEST ONLINE- Complete paperless investment facility.

    Please Click here to know more about our investment philosophy.
  • Who can invest in the Schemes of QMF?

    This is an indicative list and you are requested to consult your financial advisor to ascertain whether the scheme is suitable to your risk profile.
    The following persons are eligible and may apply for subscription to the Units of the Scheme (subject, wherever relevant, to purchase of units of mutual funds being permitted under relevant statutory regulations and their respective constitutions):

    1.Resident adult individuals either singly or jointly (not exceeding three); or on an Anyone or Survivor basis
    2.Karta of Hindu Undivided Family (HUF);
    3.Public Sector Undertakings, Association of Persons or a body of individuals whether incorporated or not;
    4.Minors through parent / legal guardian;
    5.Partnership Firms & Limited Liability Partnerships (LLP);
    6.Companies, Bodies Corporate and societies registered under the Societies Registration Act, 1860;
    7.Banks & Financial Institutions;
    8.Mutual Funds registered with SEBI / Alternative Investment Funds registered with SEBI;
    9.Religious and Charitable Trusts, Wakfs or endowments of private trusts (subject to receipt of necessary approvals as required) and Private trusts authorised to invest in mutual fund schemes under their trust deeds;
    10.Non-Resident Indians (NRIs/) Persons of Indian origin residing abroad (PIO) on repatriation basis or on non-repatriation basis;
    11.Foreign Institutional Investors (FIIs) registered with SEBI on repatriation basis;
    12.Foreign Portfolio Investors (FPI) registered with SEBI on repatriation basis;
    13.Army, Air Force, Navy and other para-military units and bodies created by such institutions;
    14.Scientific and Industrial Research Organisations;
    15.Multilateral Funding Agencies / Bodies Corporate incorporated outside India with the permission of Government of India / Reserve Bank of India;
    16.Other schemes of Quantum Mutual Fund subject to the conditions and limits prescribed by SEBI Regulations;
    17.Trustee, AMC or Sponsor or their associates may subscribe to Units under the Scheme;
    18.Such other individuals / institutions / body corporate etc., as may be decided by the Mutual Fund from time to time, so long as wherever applicable they are in conformity with SEBI Regulations.


  • Who cannot invest in the schemes of QMF?

    It should be noted that the following categories of investors cannot invest in the Scheme(s):

    1.Any person who is a foreign national.
    2.Non-Resident Indians residing in the USA and Canada or an FATF (Financial Action Task Force) non-compliant country/territory.
    3.Qualified Foreign Investors (QFI).

    The Fund reserves the right to include/exclude new/existing categories of Investors to invest in the Scheme from time to time, subject to SEBI Regulations and other prevailing statutory regulations, if any.


    Note: 1. In case of application under a Power of Attorney or by a limited company or a corporate body or an eligible institution or a registered society or a trust fund, the original Power of Attorney or a certified true copy duly notarised or the relevant resolution or authority to make the application as the case may be, or duly notarised copy thereof, along with a certified copy of the Memorandum and Articles of Association and/or bye -laws and / or trust deed and / or partnership deed and Certificate of Registration should be submitted. The officials should sign the application under their official designation. A list of specimen signatures of the authorised officials, duly certified / attested should also be attached to the Application Form. In case of a Trust / Fund it shall submit a resolution from the Trustee(s) authorizing such purchases and Repurchase / Redemptions.

    Applications failing to fulfill the above-stipulated conditions are liable to be rejected

    2. Returned cheques are not liable to be presented again for collection, and the accompanying application forms are liable to be rejected. In case the returned cheques are presented again, the necessary charges, if any, are liable to be debited to the investor.

    3. RBI has vide Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, granted a general permission to NRIs / Persons of Indian Origin residing abroad (PIOs) and FIIs and Foreign Portfolio Investors (FPI) for purchasing/ Repurchasing /Redeeming Units of the mutual funds subject to conditions stipulated therein.

    All cheques and bank draft accompanying the application form should contain the application form number on its reverse side. It is mandatory for every applicant to provide the bank, branch, address, account type and number as per SEBI requirements and any Application Form without these details will be treated as incomplete. Such incomplete application will be rejected.

  • Can a Non Resident Indian (NRI) invest in the schemes of QMF?

    Yes, NRI’s can invest in the Quantum Mutual Fund schemes, provided that the country of residence is a part of the FATF (Financial Action Task Force) compliant country/territory.

    However, NRI’s residing in the United States of America (USA) and Canada cannot invest in the Quantum Mutual Fund Schemes.

  • How can I invest in Quantum Mutual Fund Schemes?
    PLEASE NOTE THAT YOU NEED TO BE KYC COMPLIANT TO INVEST WITH US.

    Click here to know more about KYC.

    You can invest in our Schemes through the following three modes:
    1.Through our Invest Online portal
    2.By submitting physical transaction requests offline
    3.Through your mobile phone/computer using SMS, WhatsApp, Email, Fax
    4.On the Quick Transact section (invest online without login)
    5.Through the stock exchange platform
    6.Mutual Fund Utility Platform
    Choose your preferred mode and click on the below links to read more and invest with us.
     

    Please note that for ETF schemes i.e. QGF and QIF you will have to read the respective SID of the schemes.
  • Which schemes that are currently offered by Quantum Mutual Fund (QMF)?
    Currently Quantum Mutual Fund offers the following schemes:
    1.Quantum Long Term Equity Fund (An Open-ended Equity Scheme)
    2.Quantum Liquid Fund (An Open ended Liquid Scheme)
    3.Quantum Tax Saving Fund (An Open ended Equity Linked Savings Scheme)
    4.Quantum Equity Fund of Funds (An Open-ended Equity Fund of Funds Scheme)
    5.Quantum Gold Savings Fund (An Open-ended Fund of Fund Scheme)
    6.Quantum Multi Asset Fund ( An Open ended Fund of Funds Scheme)
    7.Quantum Dynamic Bond Fund (An Open-ended Debt Scheme with Defined Credit Exposure and Dynamic Maturity Profile)
    Exchange Traded Funds offered are as below:
    8.Quantum Gold Fund ETF (An Open-ended Exchange Traded Fund – Gold)
    9.Quantum Index Fund ETF (An Open-ended Exchange Traded Fund)
  • What are the ISIN numbers of Quantum Mutual Fund schemes?
    • The ISIN details of all our schemes are as follows:

      ISINScheme Name
      INF082J01036Quantum Long Term Equity Fund Growth Option
      INF082J01044Quantum Long Term Equity Fund Dividend  Payout Option
      INF082J01051Quantum Long Term Equity Fund Dividend Re-Investment Option
      INF082J01069Quantum Tax Saving Fund Growth Option
      INF082J01077Quantum Tax Saving Fund Dividend  Payout Option
      INF082J01085Quantum Tax Saving Fund Dividend Re-Investment Option
      INF082J01093Quantum Equity Fund of Funds Growth Option
      INF082J01101Quantum Equity Fund of Funds Dividend Payout Option
      INF082J01119Quantum Equity Fund of Funds Dividend Re-Investment Option
      INF082J01127Quantum Liquid Fund Growth Option
      INF082J01143Quantum Liquid Fund Monthly Dividend Payout Option
      INF082J01135Quantum Liquid Fund Daily Dividend Re-Investment Option
      INF082J01150Quantum Gold Savings Fund Growth Option
      INF082J01168Quantum Multi Asset Fund Growth Option
      INF082J01010Quantum Gold Fund - ETF
      INF082J01028Quantum Index Fund - ETF
      INF082J01176Quantum Dynamic Bond Fund Growth Plan
      INF082J01184Quantum Dynamic Bond Fund Monthly Dividend Payout
      INF082J01192Quantum Dynamic Bond Fund Monthly Dividend Reinvestment
    Please Click Here to know about the various types of financial/non-financial transactions that we have enabled for our investors through Email / Fax.
  • Can I hold the units of QMF scheme in Demat mode?

    Yes, there is an option to hold the units in dematerialized mode. To avail the same you should have a Demat/beneficiary account with a DP (depository participant) and need to mention all the details of your account number and DP while filling the application form.

    Click here to view the FAQs on Demat.

    Please note that the units of Exchange traded funds i.e. Quantum Gold Fund and Quantum Index fund can only be held in Demat form.

  • Which are the Options / facilities and the default option/ facilities for all the schemes of QMF?
    Scheme NamePlansOptions AvailableDefault Option (In case the option/sub-option is not indicated)
    Quantum Long Term Equity FundNAi) Growth Option

    ii)Dividend Option
    - Dividend Pay-Out Facility
    - Dividend Re-investment Facility
    - Growth Option

    - Dividend Reinvestment Facility
    Quantum Liquid FundNA- Growth
    - Daily Dividend Reinvestment
    - Monthly Dividend Payout.
    - Growth option
    Quantum Tax Saving FundNAi) Growth Option

    ii)Dividend Option
    - Growth Option

    - Dividend Pay-Out Facility
    Quantum Equity Fund Of FundsNAi) Growth Option

    ii)Dividend Option
    - Dividend Pay-Out Facility
    - Dividend Re-investment Facility
    - Growth Option

    - Dividend Reinvestment Facility
    Quantum Gold Savings FundNAGrowth optionGrowth option
    Quantum Multi Asset FundNAGrowth optionGrowth option
    Quantum Dynamic Bond FundNA- Growth
    - Monthly Dividend Reinvestment
    - Monthly Dividend Payout
    Growth option
    Quantum Gold Fund*NAGrowth optionGrowth option
    Quantum Index Fund*NAGrowth optionGrowth option

    * ETF Schemes
  • Can you please elaborate on the load structure of Dividend and Growth options contributing to the difference in the NAVs of both the funds?
    Consider the following example:

    You have 4 investors – A, B, C & D. Each investor invests Rs 100,000. Assume your fund NAV is 100.
    Also assume that only exit load income is considered in the scheme.

    Investor Investment Amount (Rs.) NAV Units (Investment Amount/NAV)
    A 100,000 100 1,000
    B 100,000 100 1,000
    C 100,000 100 1,000
    D 100,000 100 1,000
    Totals 400,000 4,000

    Under the Growth Option:
    Now, Investor B has an urgent need for cash, and so redeems his complete investment, paying an exit load of 4% = Rs 4,000 (4% of Rs 100,000)

    This exit load of Rs 4,000 is ploughed back into the scheme portfolio. This causes the Total Investment amount for the remaining investors to increase.

    Investor Investment Amount (Rs.) Units
    A 100,000 1,000
    B -- --
    C 100,000 1,000
    D 100,000 1,000
    (+) Add Exit Load collected from B 4,000
    Totals 304,000 3,000

    This change is also reflected in the NAV. The new NAV = Rs 304,000 / 3,000 units = 101.3

    Hence, after redemption the scheme portfolio will look as below:

    Investor Investment Amount (Rs.) NAV Units
    A 101,333 101.3 1,000
    B -- -- --
    C 101,333 101.3 1,000
    D 101,333 101.3 1,000
    Totals 304,000 3,000

    *Note: 101,333.33 has been rounded off to 101,333 for ease of illustration

    Now, let’s look at the Dividend option which has seen higher redemptions:

    Say, investors B & C both decide to redeem their investments and pay an exit load of 4% each.

    Investor Investment Amount Units
    A 100,000 1,000
    B -- --
    C -- --
    D 100,000 1,000
    Totals 208,000 2,000

    New NAV = Rs. 208,000 / 2,000 units = 104

    In this case, the scheme portfolio will look as under:

    Investor Investment Amount NAV Units
    A 104,000 104 1,000
    B -- -- --
    C -- -- --
    D 104,000 104 1,000
    Totals 208,000 2,000

    Hence, the NAV of the Growth option is lower than the NAV of the Dividend option.
  • What is the procedure for redemption?
    Online Process:
    •  For existing investors who have a User Id and PIN
    1.Login to the invest online portal
    2.Kindly access the section ‘Transactions’ > Redemption.
    3.Enter the PIN for your folio.
    4.Read the instructions mentioned under the respective pages and complete your redemption transaction.

    Click Here to know how to generate User – Id and PIN for redeeming online.

    •   For existing investors who do not have a User Id and PIN (transact without login)
    1.Click on the Invest Online section
    2.Enter “PAN No” > Select “Folio Number” (associated with PAN No), generate OTP
    3.Enter OTP which is sent on the registered Mobile number and Email Id.
    4.Read the instructions mentioned under the respective pages and complete your redemption transaction

    Note : This facility is only for Individual investors whose investments are in non-demat mode.

    Offline Process:
    1.Download the transaction slip from the ‘Download’ section of our website..
    2.Fill details of your folio number/ scheme name with option, number of units/amount you wish to redeem.
    3.Sign the slip as per mode of holding.
    OR
    Submit to us a written request mentioning all the above mentioned details to any of our office or collection centers.
    4.Submit it to any of our office or collection centers nearest to you.
    OR
    Submit to us a written request mentioning all the above mentioned details to any of our office or collection centers nearest to you.

    Other Modes to Submit Redemption -
    Email / Fax
    WhatsApp / Hike
    SMS
    Visit our FAQs on Modes of Investment to Know More
  • How will I receive the dividend amount and how long does it take?
    Unit holders are entitled to receive the dividend within 30 days of the record date of the dividend. However, the Mutual Fund will endeavor to make dividend payments sooner to Unit holders.
  • What are the minimum purchase /additional purchase amount for all schemes of QMF?
    Scheme NameMinimum Purchase Amount (Rs.)Minimum Additional Purchase (Rs.)
    Quantum Long Term Equity FundRs. 500/- and in multiples of Re.1/-thereafterRs. 500/- and in multiples of Re.1/-thereafter or 50 units
    Quantum Liquid Fundi) Growth Option – Rs. 5,000/- and in multiples of Re.1/- thereafter.Rs. 500/- and in multiples of
    Re. 1/- thereafter or 50 units
    ii) Monthly Dividend Payout Option – Rs. 10,000/- and in multiples of Re. 1/- thereafter.
    iii) Daily Dividend Re - investment Option -
    Rs. 1,00,000/- and in multiples of
    Re. 1/- thereafter.
    Quantum Tax Saving FundRs. 500/- and in multiples of Rs. 500/- thereafterRs. 500/- and in multiples of
    Rs. 500/- thereafter
    Quantum Equity Fund Of FundsRs. 500/- and in multiples of Re.1/-thereafterRs. 500/- and in multiples of
    Re.1/-thereafter or 50 units
    Quantum Gold Savings FundRs. 500/- and in multiples of Re.1/-thereafterRs. 500/- and in multiples of
    Re.1/-thereafter or 50 units
    Quantum Multi Asset FundRs. 500/- and in multiples of Re.1/-thereafterRs. 500/- and in multiples of
    Re.1/-thereafter or 50 units
    Quantum Dynamic Bond Fundi) Growth Option – Rs. 500/- and in multiples of Re.1/- thereafter.Rs. 500/- and in multiples of
    Re. 1/- thereafter or 50 units
    ii) Monthly Dividend Payout Option – Rs. 500/- and in multiples of Re. 1/- thereafter.
    iii) Monthly Dividend Re - investment Option -
    Rs. 500/- and in multiples of
    Re. 1/- thereafter.
    Quantum Gold Fund*Directly with Fund: The investors can create / redeem in exchange of Portfolio Deposit and Cash Component in creation unit size at NAV based Price. On the Exchange: Approx equal to price of ½ gram of Gold quoted on the NSE. On NSE, the units can be purchased /sold in minimum lot of 1 unit and in multiples thereof.NA
    Quantum Index Fund*Directly with Fund: The investors can create / redeem in exchange of Portfolio Deposit and Cash Component in creation unit size at NAV based Price. On the Exchange: At prices which may be close to the NAV of QIF Units. On NSE, the units can be purchased / sold in minimum lot of 1 unit and in multiples thereof. The units of QIF issued under the scheme will be approximately equal to the price of 1/10 (one-tenth) of the S&P CNX Nifty Index.NA
    *Exchange Traded Funds
  • How much amount will I receive if I redeem my investments today? Will I have to bear any load / charges on redemption?
    The redemption amount will depend upon the amount/units that you will redeem and the NAV of the prevailing business day when the redemption request is received. Also the exit load will be applicable depending upon the scheme and the time period for which you are holding the scheme for.

    The net redemption amount will be subject to the following;
    Exit load
    ''Applicable NAV''
    Securities Transaction Tax (STT) – (Note: STT will be charged for Sale of a unit of an Equity Oriented Fund only. The STT charge is 0.001% on the gross redemption amount.)

    The calculation will be as follows;

    Actual value received = No. of units to be redeemed * NAV of the day – Exit load (if any) – STT (0.001% if Equity Scheme)
  • What is the NAV applicability and cut-off timing for Purchase and Redemption in all schemes of QMF?
    Please find below the scheme wise cut off timings and applicable NAV for QMF (Non-ETF) schemes:
    SchemeInvestment amount in Rs.Purchase Cut-off timeRedemption Cut-off time
    Quantum Long Term Equity Fund-QLTEF,
    Quantum Tax Savings Fund-QTSF,
    Quantum Equity Fund of Funds-QEFOF,
    Quantum Gold Savings Fund-QGSF,
    Quantum Multi Asset Fund-QMAF and
    Quantum Dynamic Bond Fund- QDBF
    Less than Rs. 2 lakh3.00 P.M. (same day NAV)3.00 P.M. (same day NAV)
    Rs. 2 lakh and above* Irrespective of the time of receipt; the NAV of the day on which the funds are available for utilization shall be applicable.3.00 P.M. (same day NAV)
    Note : 1] * with effect from October,01 2012 2] The cut-off timings for determining NAV will depend upon the timestamp, type of payment instrument, the time of credit & utilization of funds received and the investment amount. 3] Application with an outstation cheque or demand draft which is not payable on par at the place where it is received, the applicable NAV shall be of the day on which the cheque or demand draft is credited.

    SchemeInvestment amount in Rs.Purchase Cut-off timeRedemption Cut-off time
    Quantum Liquid Fund - QLFAny amount2.00 P.M. (Previous day NAV)3.00 P.M. (same day NAV)
    Note : 1] The cut-off timings for determining NAV will depend upon the timestamp, type of payment instrument, the time of credit & utilization of funds received and the investment amount. 2] Application with an outstation cheque or demand draft which is not payable on par at the place where it is received, the applicable NAV shall be of the day on which the cheque or demand draft is credited.

    Please find below the scheme wise cut off timings and applicable NAV for QMF (ETF) schemes
    i.e. Quantum Gold Fund –QGF and Quantum Index Fund-QIF:

    I) The Fund creates / redeems units of the Scheme in 'Creation Unit Size' which is exchanged for portfolio Deposit which would consist of physical Gold of defined purity and quantity and Cash component. The fund declares the Portfolio Deposit or Cash Component on the website / www.QuntumMF.com and the same would be applicable for creating and redeeming unit size for that Business Day.
    (A) Applicable NAV for Purchases in Creation in Unit Size:
    (i) In respect of valid application received from Authorised Participant / Large Investor along with the Portfolio Deposit and / or Cash Component, up to 3.00 p.m. on a Business Day at the official point of acceptance, NAV of the day on which the application is received shall be applicable.
    (ii) In respect of valid application received for purchase in Creation Unit Size, from Authorised Participant / Large Investor along with the Portfolio Deposit and / or Cash Component after 3.00 p.m., on a Business Day at the official point of acceptance, the closing of NAV of the next Business Day on which the application is received shall be applicable.
    (B) Applicable NAV for Redemptions in Creation Unit Size:
    (iii) In respect of valid application received up to 3.00 p.m. on a Business Day at the official point of acceptance, NAV of the day on which the application is received shall be applicable.
    (iv) In respect of valid application received after 3.00 p.m. on a Business Day at the official point of acceptance, the closing NAV of the next Business Day on which the application is received shall be applicable
    (II) On the Exchange:
    As the Units of the Scheme are listed on NSE, an investor can buy / Sell units on continuous basis on the capital market segment of NSE during trading hours like any other publicly traded stock at prices which may be close to the actual NAV of the Scheme.
  • What are the different features available under the schemes of QMF?

    The following features are available in the scheme:


    Systematic Investment Plan (SIP): This feature enables investors to save and invest periodically over a long period of time. Click here to know more about SIP in detail.

    Systematic Withdrawal Plan (SWP): This feature enables an investor to withdraw amount/units from their holdings in the Scheme at periodic intervals through a one-time request. Click here to know more about SWP in detail.

    Systematic Transfer Plan (STP): This feature enables an investor to transfer fixed amounts from their accounts in the Scheme to another scheme within a folio from time to time. Click here to know more about STP in detail.

    Click here to view switch matrix for the applicable NAV.

    Triggers: A trigger is a facility that allows you to specify an exit target (linked to value or time) or to receive an update when the desired levels are reached. The moment this target is achieved, the trigger gets activated. There can be Alert triggers or Action triggers.

    Click here to view the FAQ on Trigger Facility.

    Please note that these features are not available under Exchange traded funds i.e. Quantum Gold Fund and Quantum Index fund.

  • What is Net Asset Value (NAV) of a scheme?

    The Net Asset Value is the market value of the securities held by the scheme. The NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on any particular date.

    e.g. If the value of all the securities in a scheme is Rs. 10,000 and the total number of units issued = 1,000, the NAV per unit will be 10,000/1,000 = Rs. 10.

  • What is the difference between Dividend Payout and Dividend Re-invest option?

    Dividend Payout: When Mutual Fund companies make profits, they distribute part of that profit to their investors by way of dividends. You are advised to select this option if you wish to keep getting returns frequently.

    Dividend Reinvestment: This is similar to dividend payout except that the dividend declared is re-invested in the same fund on the same days NAV. So, all your profit is invested back in the same fund plus you will receive some additional units to add to your corpus.

  • What is the difference between Sale price and repurchase price?

    An open-ended fund issues and buys back units from investors on a continuous basis. This gives rise to two different prices at which the two transactions take place.

    Sale price is the price at which the fund issues fresh units to the investor. It is linked to the net asset value (NAV) of the fund.

    Repurchase price is the price at which the fund buys back units from the investor.

    In other words the following is used:

    Sale Price = Applicable NAV *(1 + Sales Load, if any)

    Repurchase Price = Applicable NAV *(1 - Exit Load, if any)

    E.g. If the applicable NAV is Rs. 10.00; sales/entry load is nil and the exit/repurchase load is 2 percent then the sales price will be Rs. 10.00 and the repurchase price will be Rs. 9.80.

  • What is the value of my investments today?
    Valuation of your investments = Number of units held * NAV of the scheme as on the last business day

    For example:

    Number of units available with you for investment in Quantum Long Term Equity Fund (Growth option) – 1000 units.

    NAV of Quantum Long Term Equity Fund (Growth option) as on 30th September 2012 – Rs. 24.18

    So the valuation of your investments = (1,000 * Rs. 24.18) = Rs. 24,180.00.


    The NAV details of our schemes are updated under the section ‘Schemes and NAV > NAV Details’ on our website - www.quantumamc.com. Click here to view the current NAV Details.

    The NAV is also updated on the AMFI website.(www.amfiindia.com)

    For investors having an online User Id and password for our Invest Online section, can view their valuation of investments through the section ‘My Portfolio > Portfolio Summary’.
    Click here to know more about our Invest Online Facility (Invest Online FAQ Link)
  • How long will it take to receive the redemption proceeds?
    As per SEBI Regulations, the Mutual Fund shall initiate the redemption payment within 10 Business Days of receiving the redemption request. However Quantum Mutual Fund endeavors to make the payment for redemption in equity schemes on Transaction day plus 3 business days and for Liquid scheme on Transaction day plus 1 business day.
  • Can I switch between different folios?
    No, you cannot make a switch request between different folios.
  • What are the entry and exit loads for all schemes of QMF?
    The present load structure for non-ETF schemes is as mentioned below;
    Scheme NameEntry Load / Switch in LoadExit load/Switch Out Load (as % of NAV)
    Quantum Long Term Equity FundNot Applicable*
    if redeemed or switched out on or before 180 ys from the date of allotment4.00%
    if redeemed or switched out after 180 days but on or before 365 days from the date of allotment3.00%
    if redeemed or switched out after 365 days but on or before 545 days from the date of allotment2.00%
    if redeemed or switched out after 545 days but on or before 730 days from the date of allotment1.00%
    if redeemed or switched out after 730 days from the date of allotmentNil
    Quantum Equity Fund of FundsNot Applicable*if redeemed or switched out on or before 365 days from the date of allotment1.5 %
    Quantum Gold Savings FundNot Applicable*if redeemed or switched out on or before 365 days from the date of allotment1.5 %
    Quantum Multi Asset FundNot Applicable* a) If redeemed or switch out on or before 90 days from the date of allotment of units.
    b) If redeemed or switch out after 90 days from the date of allotment of units. 
    1 %


    NIL
    Quantum Dynamic Bond FundNot Applicable*NIL
    Quantum Liquid FundNot Applicable*NIL
    Quantum Tax Saving FundNot Applicable*NIL

    *NA- Not Applicable (In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 it has been notified that, w.e.f. August 01, 2009 there will be no entry load charged to the schemes of any Mutual Fund.)

    The above mentioned load structure shall be equally applicable to the special products such as Systematic Investment Plan (SIP) / Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) and Switches etc. However, no load shall be charged for switching between options within the Scheme.

    The present load structure for ETF schemes is as mentioned below;
    Scheme NameEntry Load / Switch in LoadExit load/Switch Out Load (as % of NAV)
    Quantum Gold FundNot Applicable*NIL (retail investor can exit the scheme through secondary market)
    Quantum Index FundNot Applicable*NIL (retail investor can exit the scheme through secondary market)

    *NA- Not Applicable (In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 it has been notified that, w.e.f. August 01, 2009 there will be no entry load charged to the schemes of any Mutual Fund.)

    Quantum Mutual Fund does not charge Entry Load since inception.
  • What is the NAV applicability and cut-off timing for Switch transactions in all schemes of QMF?
    If you are an existing investor of Quantum Mutual Fund, you can switch the units between schemes in the same folio. Please refer to the Switch Matrix below for the applicable NAV while switching.

    SWITCH MATRIX (Applicable NAV)
    Business day followed by
    Business Day
    Business day followed by Non Business Day
    Amount Scheme Cut off time Switch Out Scheme Switch In scheme Switch Out
    Scheme
    Switch In scheme
    Equity
    < Rs.2 lacs Equity to Equity Up to 3.00 P.M. Same Business Day Same Business Day Same Business Day Same Business Day
    Equity to Liquid Up to 3.00 P.M. Same Business Day Day Prior to T+3 Business Day Same Business Day Day Prior to T+3 Business Day
    Equity to FOF Up to 3.00 P.M. Same Business Day Same Business Day Same Business Day Same Business Day
    Equity to ETF* Up to 3.00 P.M. Same Business Day Same Business Day Same Business Day Same Business Day
     
    Rs. 2 lacs and above Equity to Equity Up to 3.00 P.M. Same Business Day T+3 Business Day Same Business Day T+3 Business Day
    Equity to Liquid Up to 3.00 P.M. Same Business Day Day Prior to T+3 Business Day Same Business Day Day Prior to T+3 Business Day
    Equity to FOF Up to 3.00 P.M. Same Business Day T+3 Business Day Same Business Day T+3 Business Day
    Equity to ETF* Up to 3.00 P.M. Same Business Day T+3 Business Day Same Business Day T+3 Business Day
    FOF
    < Rs.2 lacs FOF to FOF Up to 3.00 P.M. Same Business Day Same Business Day Same Business Day Same Business Day
    FOF to Liquid Up to 3.00 P.M. Same Business Day Day Prior to T+3 Business Day Same Business Day Day Prior to T+3 Business Day
    FOF to Equity Up to 3.00 P.M. Same Business Day Same Business Day Same Business Day Same Business Day
    FOF to ETF* Up to 3.00 P.M. Same Business Day Same Business Day Same Business Day Same Business Day
     
    Rs. 2 lacs and above FOF to FOF Up to 3.00 P.M. Same Business Day T+3 Business Day Same Business Day T+3 Business Day
    FOF to Liquid Up to 3.00 P.M. Same Business Day Day Prior to T+3 Business Day Same Business Day Day Prior to T+3 Business Day
    FOF to Equity Up to 3.00 P.M. Same Business Day T+3 Business Day Same Business Day T+3 Business Day
    FOF to ETF* Up to 3.00 P.M. Same Business Day T+3 Business Day Same Business Day T+3 Business Day
    Liquid
    < Rs.2 lacs Liquid to Liquid Up to 3.00 P.M. Same Business Day Same Business Day Day Prior to Next Business Day Day Prior to Next Business Day
    Liquid to Equity Up to 3.00 P.M. Same Business Day Same Business Day Day Prior to Next Business Day Next Business Day
    Liquid to FOF Up to 3.00 P.M. Same Business Day Same Business Day Day Prior to Next Business Day Next Business Day
    Liquid to ETF* Up to 3.00 P.M. Same Business Day Same Business Day Day Prior to Next Business Day Next Business Day
     
    Rs. 2 lacs and above Liquid to Liquid Up to 3.00 P.M. Same Business Day Same Business Day Day Prior to Next Business Day Day Prior to Next Business Day
    Liquid to Equity Up to 3.00 P.M. Same Business Day Next Business day Day Prior to Next Business Day Next Business Day
    Liquid to FOF Up to 3.00 P.M. Same Business Day Next Business day Day Prior to Next Business Day Next Business Day
    Liquid to ETF* Up to 3.00 P.M. Same Business Day Next Business day Day Prior to Next Business Day Next Business Day
    * As and when allowed during liquidity window
  • What is switch? Explain procedure of switch.
    The process of transferring an investment from one fund to another is called “Switch”. A switch from one scheme to the other is treated as ‘redemption’ from the scheme from where it is switched out and the scheme into which it is being switched is treated as ‘purchase’. Thus, you will be liable for any 'applicable' exit load.

    As load on switches may change anytime, investors are required to update fresh provisions by contacting us or reading the addendum issued from time to time. Please refer to the SID for details.

    You can switch units through online as well as through physical mode.

    Online Process:
    •  For existing investors who have a User Id and PIN
    1.Login to the invest online section with your User Id & Password
    2.Kindly access the section ‘Transactions’ > Switch.
    3.Enter the PIN for your folio.
    4.Click the option ‘Transact’ which is available next to the scheme name that you wish to switch.
    5.Read the instructions mentioned under the respective page.
    6.Enter the switch amount/units that you wish to switch.

    Click Here to know how to generate User – Id and PIN for redeeming online.

    •  For existing investors who do not have a User Id and PIN (transact without login)

    1.Login to the Transact Without Login
    2.Enter “PAN No” > Select “Folio Number” (associated with PAN No), generate OTP
    3.Enter OTP which is sent on the registered Mobile number and Email Id.
    4.Read the instructions mentioned under the respective pages
    5.Enter the switch amount/units that you wish to redeem

    Offline Process:
    1.Download the transaction slip.
    2.Fill details of folio number/scheme/no. of units/amount you wish to switch.
    3.Sign as per mode of holding.
    4.Or write a written request quoting all the above mentioned details.
    5.Submit the same at any of our office or collection centers.

    Other Modes to Submit Switch -
    Email / Fax
    WhatsApp / Hike
    SMS
    Visit our FAQs on Modes of Investment to Know More
  • How can I get in touch with you? What are the conveniences you offer?
    You can call us on our toll free number, text us or write to us at the number and mail id given below;

    Toll Free No.: 1800-209-3863 / 1800-22-3863

    Board Line No: 022 - 6144 7800 - 804

    Fax No.: 1800 - 22 - 3864 / +91 - 022 - 2287 5923 (For International Users)

    Email ID: CustomerCare@QuantumAMC.com

    SMS: <QUANTUM> TO 9243-22-3863
     Missed Call No: 022 - 6107 3807

    We have five branches in India where you can contact us;
    Quantum Asset Management Company Pvt. Ltd. - Mumbai 505, Regent Chambers, 5th floor, Nariman Point, Mumbai - 400021
    Quantum Asset Management Company Pvt. Ltd. - 610, 6th floor, Neelyog Square, Opposite Ghatkopar Railway Station,Ghatkopar (E), Mumbai - 400 077
    Quantum Asset Management Company Pvt. Ltd. - 602, 6th floor, Siddharth Arcade, Above HSBC Bank, L.T. Road, Borivali West, Mumbai - 400 092
    Quantum Asset Management Company Pvt. Ltd. - Office No. – 117, DBS Business Center, 31-A, Cathedral Garden Road, Nungambakkam, Chennai- 600 034
    Quantum Asset Management Company Pvt. Ltd. – Ahmedabad 1st Floor, Shajanand Complex Opp; Arvindbhai Avenue, (Old Citi Bank) Nr: Panchavati Petrol Pumps C.G Road, Ahmedabad - 380006

    Karvy Computershare Private Limited is our official Collection Centers and has offices over 200 locations across India. Please click here to view the list of all locations.

    Apart from these we offer “Cheque pickup facility” and “Drop box facility”.

    Please click here to read more on the cheque pickup facility
    Please click here to read more on Drop box facility .
  • How will I receive my redemption proceeds?
    The redemption proceeds are paid via any of the following modes depending on the investor’s bank, completeness & accuracy of the bank details provided by the investor & his location:

    Direct Credit through RTGS/ NEFT:
    Redemption proceeds are directly credited to the investor’s bank account wherein we have the complete core banking account number & the IFSC code of your registered bank and also that particular bank and branch has been enabled for RTGS/ NEFT.

    To have your complete bank details updated with us, Click Here for multiple bank registration form.

    Cheques:
    In cases other than RTGS/NEFT wherein we do not have complete bank details, cheques are sent to the investors.
  • Can I switch between schemes or Investment options or Investment facilities? Is there any load on switching?
    Yes, you can make a switch request within the same folio. You can place a switch request from your existing scheme to another scheme. However the criteria of minimum switch in amount criteria of the target scheme should be fulfilled.

    Kindly note that, a switch request for units from one folio to another folio is not allowed.

    There are two types of switches that an investor can avail for which are as below:

    Inter scheme switch / transfer – It refers to switch of units / amount between two different schemes in the same folio for e.g. from Quantum Long term equity fund to Quantum Gold Savings fund or vice a versa. Exit load STT is applicable (as per scheme features) for these type of switches.

    Intra scheme switch / transfer – It refers to switch of units/ amount between option/facilities within the scheme for e.g. from ‘dividend option’ to ‘growth option’ or vice a versa.

    Exit load is not applicable for these types of switches and STT is applicable Change in facilities - It would mean change from dividend re-investment to dividend payout under dividend option. Exit load is not applicable for these types of change but STT is applicable. The investor needs to give a duly filled and signed transaction slip indicating ‘switch’/ written request letter by all the unit holder(s).
  • Which payment modes are available, if I decide to invest in QMF schemes?
    Sr. No.ParticularAvailability
    Offline Mode
    1CashNO
    2Cheque or Demand draftYes, allowed
    3Direct Debit/ Auto debitYes, allowed under SIPs
    4OTM/ NACHYes, allowed
    Online Mode
    1Net bankingYes, allowed
    2Debit CardsYes, allowed
    3NEFT(National Electronic Funds Transfer)Yes, allowed
    4RTGS(Real Time Gross Settlement)Yes, allowed above Rs. 2 lakhs
    5Prepaid CardsYes, allowed with "I-CASH cards"
    6Interbank Mobile Payment Service (IMPS)Yes, allowed
    7Credit CardNot Allowed
    8OTM / NACHYes, Allowed.
  • Through which banks can I invest in QMF schemes?

    Please Click Here to view the Bank list with the different modes of payment.

  • What is KYC (Know Your Client)? Explain KYC in detail.
  • How will I come to know that my application is processed? Will I get any confirmation?

    Yes. On acceptance of the application for subscription, an allotment confirmation along with the account statement (password protected) specifying the number of units alloted by way of email/or SMS (if the mobile number is not registered under the Do Not Call Registry) within 5 business days from the date of receipt of transaction request is triggered to the investor.The password to open the statement is the first four letters of the PAN number of the Firstholder/Guardian and the last four digits of the registered default bank account number.

    Note: For G-mail users here are the below steps to open the PDF statement:

    1. Click on the PDF attachment and enter the password
    2. Click on ‘Open With’
    3. Select ‘DocHub or Lumin PDF’
    4. Please enter your Password and click on create document
    5. After clicking on Create document it will open the document.

     

    Thereafter, a CAS for each calendar month shall be sent by mail/email on or before 10th of the succeeding month to the unitholders.

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Contact Us

Toll Free: 1800 209 3863 /1800 22 3863

For International Users: +91-022-2278 3863+91-022-6107 3863

Board Line No: 022 - 6144 7800

Fax: 1800 - 22 - 3864

Email

CustomerCare@QuantumAMC.com

SMSSMS <QUANTUM> to 9243223863

Missed CallGive us a Missed Call on 022 6107 3807

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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.