Frequently Asked
Questions

Investing through an SIP offers several key benefits:

1. Discipline in Investing: SIP encourages regular, systematic investment, which fosters disciplined saving and investing habits over time.
2. Rupee Cost Averaging: With SIP, you invest a fixed amount regardless of the market’s performance, buying more units when prices are low and fewer when prices are high. This helps average out the cost of investment over period of time.
3. Compounding: Investing regularly through SIP allows your money to grow over period of time through compounding,helping your investment grow faster.
4. Affordability: SIPs allow you to start with as low as Rs. 100/- (depending on scheme and frequency), making it accessible even for those with a limited budget.
5. Flexibility: SIPs offer flexibility in terms of the amount, tenure and frequency of investment. You can increase, decrease, or pause your SIP depending on your financial situation.
6. Long-Term Wealth Creation: SIP is ideal for long-term investing, as it helps investors ride out market volatility and generate wealth over period of time through the power of compounding.
7. No Timing the Market: SIP removes the need to time the market, as you're investing consistently, which means you don't have to worry about whether it's a good or bad time to invest.
8. Risk Diversification: Small amount of investment through SIPs in different asset type of  mutual fund schemes, which helps spread risk across different assets, potentially reducing the impact of market fluctuations.
9. Achieving Financial Goals Through SIP: SIP helps fulfil your dreams by allowing you  to make small, fixed tenure investments over period of time to build a corpus for financial  goals like buying a house, children's education, or marriage. Since these objectives require large sums, SIP enables wealth creation through consistent contributions, making it easier to reach these aspirations. 

Overall, SIP is an efficient way to build wealth gradually, especially for those who may not have large sums to invest initially or prefer a less hands-on approach to investing.

Here is an example to help you understand the working of SIP.

This table demonstrates that, although the invested amount is the same in both cases, the returns from the SIP investment mode are comparatively higher.

You can start offline and online SIP in Direct and Regular Plans in the following schemes:

No, there are no additional charges for availing the SIP facility. However, some banks may charge mandate registration fees for physical mandate registrations. We recommend checking with your bank for any such charges.

A. Physical Mode:

The mandate registration in physical for SIP can be submitted at any of the Point of Services (POS):- click here for our branch address or nearest Kfin Technologies Ltd Collection Centres

Investors/Unitholders needs to submit an original cancelled cheque (or a copy) with the name and account number pre-printed, or a bank account verification letter, to register the mandate.The unitholder’s cheque/bank account details will be subject to third-party verification.

Investor opting for this facility must be KYC complied.
For New investors: - New investors need to submit the dully filled and signed Common Application Form along with SIP & One Time Mandate Form to any of our point of services 

For Existing Investors: Existing investors can submit the dully filled and signed  SIP & One Time Mandate Form to any of the point of services.

Digital Mode: Please refer below steps for New & Existing Investor:

SIP will be registered for all banks offering NACH facility.Kindly refer the list of Live Banks offering  NACH facility. The list of participating banks may be updated, modified, or removed at any time at the sole discretion of the National Payments Corporation of India (NPCI), without prior notice or reason. Standing instructions for investors with these banks may be discontinued, and we will notify you of such discontinuation.

ISIP registration (only online) below banks providing ISIP registration facility.

Note: For ISIP registration multiple modes are available

Auto Pay - Auto pay option will enable automatic debit of the SIP amount from the bank account without any manual intervention from the Investor..

View & Pay - View & Pay is an option to manually authorize the payment (in investor’s bank login)

Fixed amount and maximum amount -Investor can select appropriate option.

For SIP Registered through Physical Mode: To change bank details for an existing SIP, you must first cancel your current SIP, which will be processed within two working days (T+2). If an installment is due within 10 days, it will be processed and debited from your account. After cancellation, submit the SIP & One Time Mandate Form  with a cancelled cheque of your new bank account. The new mandate will be registered within 21 calendar days. Additionally, may submit Multiple Bank Account Registration Form  , along with a cancelled cheque or an attested bank statement/passbook. Your new bank details will be updated within 10 working days.

For SIP Registered through Online Mode: There is no option to change the bank for an online SIP. You will need to cancel the current SIP and register a new one with the new bank account.

You will receive an update once your request is processed.

Yes, you can!

For SIP registered through physical mode:

To cancel  your existing SIP with Quantum Mutual Fund, submit the SIP cancellation form or a written request with your folio number, scheme name, SIP date, and amount to our registered office or nearest POS . Your SIP will be cancelled within T+2 working days. If an installment is due within 10 days, it will be processed and debited from your account.

To modify your SIP amount or frequency, submit a cancellation request, followed by a fresh SIP registration request.

To pause your SIP, email us from your registered ID at Transact@QuantumAMC.Com. The pause will be processed within 21 calendar days, after a verification call to your registered contact number.

For SIP registered through Online mode:

If you wish to modify/pause/cancel the existing ISIP registered with us, you can do so by following the below mentioned procedures:

In case your Email address is registered in our records, you will receive a confirmation email at your registered email address or physical statement of account will be sent to registered mailing address on monthly basis .

Yes, the ongoing SIP will be terminated after 3 consecutive reversals except quarterly frequency SIPs, for quarterly will be terminated after 2 consecutive reversals due to any reason.

For further queries please do not hesitate to get in touch with us on Customercare@QuantumAMC.com or on 1800-22-3863 or 1800-209-3863.

The AMC will first process the instant redemption request and later action on any other request.

The AMC reserves right to reject any redemption / switch out / systematic withdrawal or transfer request received through any other mode for any Calendar Day if an Instant Redemption request has been received subsequently and such instant redemption is pending for processing.

Following is the procedure for Instant redemption.

The Instant Redemption transaction will be processed by applying lower of Previous Day NAV or Prospective NAV.

• (a) When the application is received up to 3.00 pm – the lower of (i) NAV of previous Calendar Day and (ii) NAV of Calendar Day on which application is received; will be considered.
• (b) When the application is received after 3.00 pm – the lower of (i) NAV of the Calendar Day on which such application is received, and (ii) NAV of the next Calendar Day will be considered.

The minimum amount for the instant redemption per day per PAN, is Rs. 500/- and multiple of Rs.1/ - thereafter.

With effect from 01st March, 2019 the maximum redemption amount shall be Rs. 50,000 or 90% of latest value of investment (as per last available NAV on records) in the scheme, whichever is lower. This limit shall be applicable per calendar day, per scheme, per investor.

SWP instructions will take a minimum of 5 business days for registration with the registrar. The first transfer will be carried out only after the registration. Therefore, the date and months in which your SWP commences and ends may change depending on the date of its registration.

Note: Minimum balance to start SWP: Rs.5000/-

Yes, to start Online SWP you must have a minimum balance of Rs.5,000/- in the scheme you wish to invest from.

For registration of new STP in any of the open-ended schemes, the minimum balance of Rs 5,000/- need to be available in respective scheme/plan. The  STP will take 5 business  days to activate after successful registration in online platform. 

SWP instructions will take 5 business days for registration with the registrar. The first withdrawal will be carried out only after the registration.

For New Investors:

Fill all the required information and attach the below mentioned documents as supporting.

For Existing Investors

Fill all the required information and attach the below mentioned documents as supporting.

Duly filled and signed Systematic Transaction Form

Submission of the Form

You can submit your physical applications along with all required supporting documents at the addresses mentioned below:

Yes, you can! 

To cancel your SWP request, kindly submit to us a duly signed written request by all the unit holder(s) according to the mode of holding. In the written request, kindly mention your folio number, the SWP amount, SWP date,  the scheme name in which you wish to cancel the SWP. 

You can modify or pause the offline SWP via online mode. Please Click Here to modify or pause your SWP.

Note:
Your request for SWP cancellation / modification / pause  needs to be submitted 5 working days prior the SWP date.
The online modification of SWP can only be done in the SWP amount and the SWP end period.

Systematic Withdrawal Plans are used by investors to create a regular flow of income from their investments. Investors looking for income at periodic intervals for e.g. funding a travel plan during the children’s summer vacations, also set up their withdrawals in such a way that the cash is available when most required.

For an SWP you can invest a lump sum amount in one scheme and regularly withdraw a pre-defined amount into another scheme.

Let us assume you have 5,000 units in a Mutual Fund scheme. You have given instructions to the fund house that you want to withdraw Rs. 8,000 every month through SWP.

Now let''''s assume that on 1 December, the Net Asset Value (NAV) of the scheme is Rs. 20.
Equivalent number of MF units = Rs. 8,000 / Rs. 20 = 400 units
400 units would be redeemed from your MF holdings, and Rs. 8,000 would be given to you.
Your remaining units = 5,000 - 400 = 4600 units

Now let''''s assume that on 1 January, the NAV is Rs. 16.
Equivalent number of units = Rs. 8,000 / Rs. 16 = 500 units
500 units would be redeemed from your MF holdings, and Rs. 8,000 would be given to you.
Your remaining units = 4600 - 500 = 4100 units

This way, units from your mutual fund holdings are redeemed in a systematic way to provide you with continuous income.

An existing investor can register SWP through our website.

Minimum conditions

•   To register SWP the minimum balance should be more than ₹ 5000
•   This facility is not available for folios in demat mode

1. Visit WWW.QuantumAMC.Com 
2. Click on Login, and  login by using credentials.
3. Under ‘Transact’ click on "SWP"
4. Click on ‘New SWP Registration’
5. Click on ‘Register SWP’ for the respective source scheme
6. Fill up the Online SWP registration form
7. Click on "Order Review"
8. After review Click on “Send OTP” 
9. After entering the “OTP” Click on ‘Submit’ to SWP registration. 

Yes, you can cancel, pause and modify your online SWP.

If you wish to modify/pause/cancel the existing SWP registered with us through Quantum's Website or Mobile Application, you can do so by following the below mentioned procedures:

Notes:

1. The online SWP modification/cancellation/pause request needs to be submitted 5 business days prior to the next STP date opted by you online.
2. In case the modification request received involves change in the SWP amount and if any SWP installment is due within 5 business days from the date of modification request received, the said installment will be processed as per the amount of the SWP registered before modification
3. Modification can only be done in the SWP amount and SWP end period.

You will receive a confirmation email/SMS with the details of your Online SWP after successfully completing the registration process on our website.

You can also check the status of your registration under the section '' Transact > SWP > Registered SWP ''.

The Online SWP facility is available at NO CHARGE.

Systematic withdrawal plans are used by investors to create a regular flow of income from their investments. Investors looking for income at periodic intervals for e.g. funding a travel plan during the children’s summer vacations, also set up their withdrawals in such a way that the cash is available when most required.

For an STP you can invest a lump sum amount in one scheme and regularly withdraw a pre-defined amount into another scheme.

Let us assume you have 5,000 units in a Mutual Fund scheme. You have given instructions to the fund house that you want to withdraw Rs. 8,000 every month through SWP.

Now let''s assume that on 1 December, the Net Asset Value (NAV) of the scheme is Rs. 20.
Equivalent number of MF units = Rs. 8,000 / Rs. 20 = 400 units
400 units would be redeemed from your MF holdings, and Rs. 8,000 would be given to you.
Your remaining units = 5,000 - 400 = 4600 units

Now let''''s assume that on 1 January, the NAV is Rs. 16.
Equivalent number of units = Rs. 8,000 / Rs. 16 = 500 units
500 units would be redeemed from your MF holdings, and Rs. 8,000 would be given to you.
Your remaining units = 4600 - 500 = 4100 units

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.

Investments in systematic transfer plan mutual funds are ideal for individuals who have limited resources but want to generate high returns by investing in the stock market. It is also suitable for investors who 

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.

Yes, you can! 

To cancel your STP request, kindly submit to us a duly signed written request by all the unit holder(s) according to the mode of holding. In the written request, kindly mention your folio number, the STP amount, STP date,  the scheme name in which you wish to cancel the STP. 

You can modify or pause the offline STP via online mode. Please Click Here to modify or pause your STP.

Note:
Your request for STP cancellation / modification / pause  needs to be submitted 5 working days prior the STP date.
The online modification of STP can only be done in the STP amount and the STP end period.

For New Investors:

Fill all the required information and attach the below mentioned documents as supporting.

For Existing Investors

Fill all the required information and attach the below mentioned documents as supporting.

Duly filled and signed Systematic Transaction Form

Submission of the Form

You can submit your physical applications along with all required supporting documents at the addresses mentioned below:

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 can start online STP, through Direct & Regular Plans for the following schemes:

Yes, you can modify/pause/cancel your online STP. If you wish to modify/pause/cancel the existing STP registered with us through Quantum Website or Mobile Application, you can do so by following the below mentioned procedures:

Note:

1. The online STP modification/cancellation request needs to be submitted 5 business days prior to the next STP date opted by you online.
2. In case the modification request received involves change in the STP amount and if any STP installment is due within 5 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
3. 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:

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’.

Under the Instant Redemption (Access) Facility (“Instant Redemption”), the Fund shall endeavor to send the redemption proceeds to the selected registered bank account of the investor, instantly from the receipt of Instant Redemption Request using Immediate Payment Services (IMPS) provided by various banks in accordance with SEBI Circular No. SEBI / HO/ IMD/ DF2/ CIR/P/2017/ 39 dated May 8, 2017. Instant redemption is a type of redemption wherein the investor can get the redemption proceeds instantly i.e. he will get his redemption amount into his account within 30 minutes from the time of the redemption.

Please Click Here for the list of IMPS enabled banks for instant redemption facility.

If you are holding Mutual Fund Units in the physical form, which are represented by a Statement of Account, you can convert these units into dematerialised form in your demat account with any Depository Participant (DP) of NSDL or CDSL. DPs have enabled holding of mutual fund units [represented by Statement of Account] in dematerialised form. You can use your existing demat accounts for converting your mutual fund units in dematerialised form.

Please note that once your mutual funds are in demat form, you can sell them either via a stock broker through the Exchange platform (BSE Star & NSE MFSS) or through the off-market mode i.e. by selling/redeeming it through your Depository Participant.

Note: The investors who hold their units with the CDSL can redeem the units directly with the AMC without converting their units in physical mode (except units of Quantum Liquid Fund, Quantum Dynamic Bond Fund and ETF Funds)

Following is the procedure for Instant redemption.

1. The instant redemption facility is available for the growth option of Quantum Liquid Fund only
2. Only Resident Individuals and Resident Minor investors except Non Resident Individual can avail this facility.
3. Investor’s IFSC code and the core banking account number should be registered in the folio
4. Investor’s bank account should be IMPS (Immediate Payment Service) enabled
5. The instant redemption can be done only in terms of ‘amount’ only and not in ‘units’

The AMC will first process the instant redemption request and later action on any other request.

The AMC reserves right to reject any redemption / switch out / systematic withdrawal or transfer request received through any other mode for any Calendar Day if an Instant Redemption request has been received subsequently and such instant redemption is pending for processing.

No. Currently you can apply for the instant redemption only via web transactions.

No. Currently there are no additional charges for instant redemption facility.

The instant redemption amount will be credited to investor’s account (incase all pre-requisites are fulfilled). Also we endeavor to credit the amount into investor’s account within 30 minutes from the transaction time. Incase of any failure of instant redemption payment (due to any bank issue etc), the amount will be credited to investor’s account as per existing SEBI guidelines.

The redemption proceeds will be credited into the bank account selected while placing the instant redemption.
Note: The selected bank account should be IMPS enabled.

No. Instant redemption facility is not available for the demat investors.

The minimum amount for the instant redemption per day per PAN, is Rs. 500/- and multiple of Rs.1/ - thereafter.

With effect from 01st March, 2019 the maximum redemption amount shall be Rs. 50,000 or 50% of latest value of investment (as per last available NAV on records) in the scheme, whichever is lower. This limit shall be applicable per calendar day, per scheme, per investor.

The Instant Redemption transaction will be processed by applying lower of Previous Day NAV or Prospective NAV.

• (a) When the application is received up to 3.00 pm – the lower of (i) NAV of previous Calendar Day and (ii) NAV of Calendar Day on which application is received; will be considered.
• (b) When the application is received after 3.00 pm – the lower of (i) NAV of the Calendar Day on which such application is received, and (ii) NAV of the next Calendar Day will be considered.