Frequently Asked
Questions

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 Value Fund (Growth option) – 1000 units.

NAV of Quantum Long Term Equity Value 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 Login Facility.

The investment objective of the Scheme is to generate modest capital appreciation while trying to reduce risk (by diversifying risks across asset classes) from a combined portfolio of equity, debt / money markets and Gold schemes of Quantum Mutual Fund.

The Scheme may invest in the units of debt / money market schemes of other mutual funds to gain exposure to debt as an asset class to manage any investment and regulatory constraints that arise / that prevent the Scheme from increasing investments in the schemes of Quantum Mutual Fund.

There can be no assurance that the investment objective of the Scheme will be realized.

The Turn Around Time (TAT) for the Non-Commercial transaction is maximum 10 business days.

Yes

The investment objective of the scheme is to generate long-term capital appreciation by investing in a portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI. There can be no assurance of positive returns from following the stated investment strategy

Nominations can be made only by individuals applying for/ holding units on their own behalf, singly or jointly.

Non-individuals including societies, trusts, body corporate, partnership firms, the karta of an HUF and the holder of a power of attorney (POA) cannot nominate.

Please note that CDSL Ventures Limited (CVL), NSDL Database Management Limited (NDML) (wholly owned subsidiary of NSDL) and M/s. Dotex International Limited (a wholly owned subsidiary of National Stock Exchange of India Limited) has received approval from SEBI to act as a KYC Registration Agency (KRA).

Step 1: Submit the duly completed KYC Application Form along with duly attested documents evidencing Proof of Identity and Proof of Address as per the KYC documents required and mentioned in KYC Application form after completing the In person Verification as provided in Step No 2. Please Click Here to download the form from the ‘Quick Downloads>KYC Forms’ section.

List of people authorized to attest the documents (evidencing Proof of Identity and Proof of Address) after verification with the originals:

The list of banks activated for NACH system keep changing on regular intervals with introduction of new banks.

To view the updated list of banks, we request you to Click here 

The present load structure for non-ETF schemes is as mentioned below.

If you are an existing investor of Quantum Mutual Fund, you can switch the units between schemes in the same folio. You may Click Here to refer the Switch Matrix or below table for the applicable NAV while switching.

Transaction request received date and time or Credit received date and time whichever is later will be considered for NAV applicability.

Offline - Applicants who do not wish to nominate, must duly fill and sign “Opt Out of Nomination” Form and send it to our office address or to any of our KFinTechnologies collection centers nearest to you. Kindly click on the link  https://www.quantumamc.com/contact-us.

Online – Investor has to tick on ‘I do not wish to nominate’ under the ‘Nominee Updation’ option available under Manage Account

• Login with your User Id/PAN and password/OTP
• Go to Manage Account> OTM
• Click on the ‘Cancel One Time Mandate Request’ option and click on ‘OK’

Deduction from total income

Under section 80C of the Act, an assesse, being an individual or HUF, is eligible to claim a deduction upto an aggregate of Rs. 1.5 lacs on account of sums paid as subscription to units of an Equity Linked Savings Scheme.This deduction is available only for the persons opting for old tax regime

The expression "Equity Linked Savings Scheme " refers to Equity Linked Savings Scheme, 2005 as notified by the Central Board of Direct Taxes, Ministry of Finance vide notification dated November 3, 2005 as amended vide notification dated December 13, 2005.

Securities Transaction Tax

At the time of redemption of units of equity oriented fund to the mutual fund, the investor is required to pay an STT @ 0.001% on redemption value.

Incomes from Units

There are two types of income received from units
1) Income from capital gains
2) IDCW
Taxability of the same are detailed in the questions described further

IDCW 

TDS Deductions (Applicable Till 22 July 2024)

TDS on NRI Redemptions - On Short Term Capital Gain Tax @ 15% & Long Term Capital Gain Tax @ 10%. Plus Applicable Surcharge & Education Cess on both.

TDS on IDCW Payment - On Resident Investors @ 10% subject to minimum IDCW of Rs. 5000/- per annum & on NRI @ 20% Plus Applicable Surcharge & Education Cess on both.

TDS Deductions (Effective From 23 July 2024)

TDS on NRI Redemptions - On Short Term Capital Gain Tax @ 20% & Long Term Capital Gain Tax @ 12.50%. Plus Applicable Surcharge & Education Cess on both.

TDS on IDCW Payment - On Resident Investors @ 10% subject to minimum IDCW of Rs. 5000/- per anum & on NRI @ 20% Plus Applicable Surcharge & Education Cess on both.

Gains on transfer / redemption of Units

Gains arising on transfer / redemption of Units as well as switching between schemes will be chargeable to tax under the Act. The characterization of income from investment in securities as ''business income'' or ''capital gains'' will have to be examined on a case-to-case basis.

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

New/First Time Investor:

Existing Folio:

You can submit the physical forms along with all required supporting documents to the addresses mentioned below:

For the latest updates please Click Here

Non individual Investors such as a company, HUF, trust etc. are not allowed to transact via WhatsApp.

The list of documents required to be scanned and uploaded for completing the Online KYC compliance process are as follows:

Resident Individual

Note: Investors having Aadhaar linked with active mobile number will only be able to apply for E-KYC to complete the E-Sign process. This process requires Aadhar / Virtual Number and OTP verification on the mobile linked with Aadhaar records.

We request you to keep all the documents ready for upload before proceeding with these steps as it will then be easy and quick for you to complete the process.

1. Visit our website (https://www.quantumamc.com/ekyc/ekyc). Upload the scan copy / image of identity proof, address proof and signature step by step as directed therein

2. Your details will be auto fetched as per proofs uploaded (please recheck the auto filled details)

3. You will then have to take your selfie in front of the camera and for IPV, record a video as directed.

4. Verify the Contract details, complete the E-Sign process and Submit the Application

Note:  There will be independent validation of supporting data. Quantum Mutual Fund reserves the right to ask for any additional document, if required further, to establish the applicant’s Proof of Identity and Proof of Address.

Once your application is successfully completed and submitted online, Quantum team will enter the details of the Online KYC application in the (relevant) KRA POA and CERSAI for processing the EKYC and CKYC application for KYC compliance respectively, subject to internal verification of application and documents.

If the details are not successfully validated or the images are not clear, the same will be communicated to the applicant, and /or the KRA / CERSAI may ask for clarification, and / or reject the KYC application.

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:

•   Existing investors who are KYC complaint can apply for switch

Where Units under a Scheme are held under both Existing/ Direct and Regular Plans and the redemption / Switch request pertains to the Regular Plan, the same must clearly be mentioned on the request (along with the folio number), failing which the request would be processed from the Existing / Direct Plan. However, where Units under the requested Option are held only under one Plan, the request would be processed under such Plan.

Multi-Asset Allocation fund can be suitable for a wide range of investors, including:

1. Balance risk & reward: Those seeking downside protection and a balanced approach with lower volatility than pure equity investments without compromising on the growth potential may benefit from this fund.
2. Retirement Savers: Individuals saving for retirement may appreciate the risk management and inflation-beating features of Multi-Asset Allocation fund, especially as they approach retirement age and seek to preserve capital.
3. Novice Investors: Those who are new to investing may find this fund attractive due to the professional management and measured exposure to equities that they offer.
4. Investors Seeking Diversification: Investors looking to diversify their portfolios beyond traditional equity and fixed-income investments can benefit from the dynamic Asset Allocation diversification provided by Multi-Asset Allocation fund.
5. Individuals with Limited Time or Expertise: Investors who lack the time, knowledge, or expertise to construct and manage a diversified investment portfolio on their own may find this fund convenient and effective.
6. Option to an FD: Investors looking to cope with inflation better than traditional Bank Fixed Deposits along with indexation benefits at time of taxation may find Multi-Asset Allocation funds suitable for achieving these objectives.

Multi-Asset Allocation fund offer several advantages for investors:

Quantum Multi Asset Allocation Fund invests in a diversified portfolio of Equity & Equity Related Instruments, Debt & Money Market Instruments and Gold Related Instruments

The Fund's Asset Allocation strategy includes deploying 35-65% corpus in equity and equity-related securities, 25-55 % towards debt and money market instruments, 10-20% in gold ETF The Fund will predominantly invest in securities of Nifty 50 index and other large cap stocks for its equity component, sovereign and PSU debt securities across durations for its fixed income allocation and Quantum Gold ETF for its Gold component.

The investment objective of the Quantum Multi-Asset Allocation Fund is to generate modest capital appreciation while trying to reduce risk (by diversifying risks across asset classes) from a combined portfolio of equity, debt/money markets and gold investments.

Portfolio allocation between the units of equity, debt/ money markets and gold broadly depends on the relative valuations between the asset classes. Relative valuations are determined by evaluation of various influencing factors. Some of the factors include:

• Price/Earnings Ratio relative to historical averages;
• The relationship between Earnings Yield to Bond Yield relative to historical averages;
• Macroeconomic factors prevailing globally, and within India.

After determining the optimal Asset Allocation, the Portfolio/ Investment Team determines the allocation to specific equity, debt / money markets and gold instruments within the Asset Allocation. The allocations would be regularly reviewed and necessary portfolio changes would be carried out based on the analysis suggested by various influencing factors

Depending on the holding period and your tax bracket, capital gains are subject to taxation.

Short term capital gains for a duration less than 3 years is subject to taxation as per marginal tax rates.

While long term capital gains for a duration greater than 3 years are eligible for taxation at 20% with indexation benefit. You thus get the potential to save more tax than conventional investments such as bank fixed deposits where returns are taxed as per your income tax slab. This translates to a better return on investment, especially for investors in the highest income tax bracket.

While both funds aim to generate modest capital appreciation while trying to reduce risk by diversifying across asset classes, the Quantum Multi Asset Allocation Fund invests directly in stocks, bonds and Gold ETF and the Quantum Multi Asset Fund of Funds invests in schemes of Quantum Mutual Fund which invests in Stocks, Bonds and Gold.

Minimum allocation to equities in Quantum Multi Asset Allocation Fund will be 35%. Minimum allocation to equities in Quantum Multi Asset Fund of Funds will be 25%.

For a holding period of 3 years or more, gains from the Quantum Multi Asset Allocation Fund will be subject to 20% tax with indexation benefits compared to marginal tax rate for Quantum Multi Asset Fund of Funds (which is classified as Debt fund for taxation purpose).

Yes, These new cadre of distributors are required to complete a simplified form of National Institute of Securities Market (NISM) certification. The NISM has launched the Continuing Professional Education (CPE) and Test programme for the new cadre of Distributors and 
registration for the same commenced from January 14, 2013. 

Yes. If you already have nominee/s registered under your folio, you can do so by clicking the Modify / Delete option under the ‘Nominee Updation’ tab.

Modification Screen - You will be able to modify only the Contact Details, Relationship and Percentage of Nominee.

Deletion Screen – Will allow the investor to delete the Nominee post which the applicant will have to change the percentage of existing nominee/s before submitting a request for deletion of nominee.

A confirmation mail and SMS is triggered to the primary holder’s registered contact details post modification / deletion of nominee.

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.

Direct Plan:
The expense ratio of the Direct Plan of the Quantum ESG Best In Class Strategy Fund is 0.85% p.a. with effect from August 1, 2023 (Post GST).

Regular Plan:
The expense ratio of the Regular Plan of the Quantum ESG Best In Class Strategy Fund is 2.10% p.a. with effect from August 1, 2023 (Post GST).

Unclaimed Redemptions or Unclaimed Dividends are those amounts that are processed and released by Quantum Mutual Fund (the Fund) but not encashed by/credited to the bank account of the unitholders.

The Benchmark of Quantum Small Cap Fund is S&P BSE 250 Small Cap TRI

You are required to submit the 'Additional Transaction/Service Request Slip' duly filled and signed, available on the below mentioned link: Click here to download the slip for claiming  your Unclaimed Redemption/Dividend Amount.

The request can be submitted at any of the AMC Investor Service Centre or at any KFin Tech Service Centre. Such requests need to be duly signed as per the mode of holding. The request will be time stamped, validated and processed as per the following applicable NAV:

For all valid requests, the Fund shall dispatch/credit the unclaimed amount within 10 Business Days from the date of receipt of the “Release of Unclaimed Amount Form”.

Where the request for release of unclaimed amount is either not clear or requires further investigation, then the same will be processed with the closing NAV of the business day immediately after the date when the Fund has completed the validation/investigation. In such cases the Fund shall dispatch/credit the unclaimed amount within 10 Business Days from completion of the claim validation process.

The AMC reserves the right to seek additional documents to ascertain the rightful owner of the unclaimed amounts.

Dividend Distribution Tax (DDT): Previously, dividends were tax free in the hands of investors but were taxable at source at the scheme level. Now the dividend option is christened as IDCW option and is taxable at the hands of the investor as per marginal tax rates. TDS is levied at a rate of 10% on IDCW income over Rs 5,000 received from mutual funds.

Any one of the following documents can be submitted along with the Form for updation of bank details and release of the unclaimed amount, if there is any change in bank account:

• Cancelled Original Cheque leaf with name & account pre-printed.
• Bank statement with current entries and not older than 3 months
• Photocopy of Bank Passbook with current entries and not older than 3 months current entries and not older than 3 months
• Letter issued by the bank on the letterhead, duly signed and stamped by the Branch Manager / Authorised Personnel

Currently, such an option is not available. If the investor is allotted the KIN, it is confirmation that the investor is CKYC compliant. 

Investor need to fill the application form available on Link ETF Transaction Slip and submit at the Official Point of Acceptance of the AMC.

Investors need to submit the off-market “Delivery Chalan” to transfer the units from their DP account to scheme’s DP account. This Delivery Challan need to be submitted to your DP and acknowledgement to be attached with our transaction slip. Please click here to download the ETF Transaction Slip.

Above application can be submitted to our AMC branch or Kfintech Collection Center nearest to you. Please click here to locate the address closest to you.

Alternatively, you can also email us the above applications from your registered Email Id to our Transact Id – [email protected].

AMC will make the payment in your bank account linked with demat account within T+2 working days, T being the date of transaction.

Online Transactions currently enabled for a Demat Folio

Online Transactions currently disabled for a Demat Folio.

The data on the unclaimed amount is available on the website https://invest.quantumamc.com/Invonline/Unclaimed/UnClaimedDividend . Kindly enter the following credentials (listed below) to view your unclaimed amount:

• PAN/ PEKRN /Folio Number
• Default Bank Account Number
• Date of Birth
• Email-Id
• Mobile Number

If there is any unclaimed amount in your folio in any scheme of the Fund, the same shall be displayed.

Yes. The new cadre of distributors would require AMFI Registration prior to empanelling themselves with the AMCs and further to distribute mutual fund products

To update your FATCA details please follow the below steps.
• Login with your User ID and password/OTP.
• Navigate to the Manage Account tab in the top bar. Select “FATCA Request” option from the appearing dropdown menu.
• Fill all the details in FATCA form and upon submission, the same will be updated in the selected folio.

In order to update new address against your folios, we request you to follow the steps as mentioned below:

Step 1: Submit the duly completed KYC Details Change Form along with duly attested documents evidencing Proof of Identity and Proof of Address as per the KYC documents required and mentioned in KYC Application form after completing the In person Verification as provided in Step No 2. You can also Click Here to download the form from the section ‘Quick Downloads > Forms > KYC Form’.

List of people authorized to attest the documents (evidencing Proof of Identity and Proof of Address) after verification with the originals:

Only the below mentioned categories of investors can invest in Quantum Mutual Fund through the online module for demat:

• Adult Resident Indian Individuals
• Non - Resident Indians and persons of Indian origin residing abroad, on a non-repatriable/full repatriation basis (Excluding investors residing in the US, Canada and non-compliant FATF Countries)
• Parents/Lawful guardians on behalf of Minors

Yes. In case the units are held under Demat Form, the Bank account details should also match with the bank account that is linked to the Demat account.

Investors have to ensure that the Bank account through which the investment is being done matches with the bank account details in the demat account, otherwise the application is liable to be rejected.

The Nomination facility enables a unit holder to nominate another person, who can claim the units, post the unfortunate demise of the unit holder(s).

Similar to the practice as in bank accounts, De-mat accounts and other financial investment products where nomination facility is available, you can register your nominee for your mutual fund investments.

Nomination facility offered by QUANTUM MUTUAL FUND enables a unit holder to nominate an individual, who can claim the units, post the unfortunate demise of the unit holder.

Nomination is now mandatory for new folios opened by an individual, especially with single holding. Even those investors who do not wish to nominate must sign separately confirming their intention to not appoint a nominee.

An investor can nominate any person as a nominee to whom his/her Mutual fund Units will be transferred on his/ her demise. The units will get transferred to the nominee in case of:

Multiple scheme selection is a facility which enables the investor to select two or more (maximum 10) schemes at a time while investing in Mutual Fund. The investor has to initiate the payment only once for all his multiple purchases. This facility saves a lot of time and is very convenient for the investors.

To check the performance of the scheme you will have to go through the current factsheets.
Click here for detailed Scheme Factsheet.

Please refer below table for the minimum amount required to invest or redeem in the Quantum Equity Fund of Funds.

A written application for the change / registration of the joint holder’s email id is required, duly signed as per the mode of holding.

Direct Plan:
The expense ratio of the Direct Plan of the Quantum ESG Best In Class Strategy Fund is 0.85% p.a. with effect from August 1, 2023 (Post GST).

Regular Plan:
The expense ratio of the Regular Plan of the Quantum ESG Best In Class Strategy Fund is 2.10% p.a. with effect from August 1, 2023 (Post GST).

Current expense ratio is 0.094% p.a. with effect from September 30, 2020. (0.08% excluding statutory levies and taxes).
Effective 01 Dec 2018, the base TER has undergone a change, however the Total Expense Ratio remains the same.

Mr. Pankaj Pathak (Since March 1, 2017) is managing the scheme.

Mr. Pankaj Pathak has overall 12 years of experience in debt market. Wherein 6.5 years in trading in fixed income securities, Economic Research and CRR / SLR management. He has been with Quantum Asset Management Company Pvt. Ltd. since August 2013.
Prior to joining Quantum, he was associated with Bank of Maharashtra.

He holds an B.Sc. (Electronics), degree and has completed his Post Graduate Diploma in Banking & Finance, passed all levels of CFA from CFA Institute (USA), JAIIB and CAIIB from Indian Institute of Bank Management.

Click here to vew the profile

The Benchmark Index for the Quantum ELSS Tax Saver Fund is Tier 1 S&P BSE 500 - Total Return Index (TRI) and Tier 2 S&P BSE 200 - Total Return Index (TRI) . It appropriately represents the returns from the S&P BSE 500 S&P BSE 200 Index since it includes the dividend received from the S&P BSE 500 and 200 companies.

PLEASE NOTE THAT YOU NEED TO BE KYC COMPLIANT TO INVEST WITH US.

Click here to know more about KYC.

Load structure for the Quantum Liquid Fund is mentioned below:
Entry Load: NIL*
* 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.)

It should be noted that Quantum Mutual Fund has not charged Entry Load for any of its schemes since inception. We were one of the first mutual funds in India to launch schemes with no entry load, much prior to SEBI discontinuing the same.

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.

To check the performance of the Quantum Nifty 50 ETF Fund you will have to go through the current factsheets.

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.

Yes, there is an option to hold the units in dematerialized mode except for Quantum Liquid Fund- Daily Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) Option of the Scheme.  

To avail the same you should have a Demat/beneficiary account with a DP and need to mention all the details of your account no. and DP while filling the application form.

Also please note that SIP is allowed in Demat mode but Switch - In/ Switch- Out/ Systematic Withdrawal Plan / Systematic Transfer Plan are currently not available in the demat mode.

Click here to view the FAQs on Demat.

Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends.
Click here to understand the details on Taxation

The performance of the Quantum Nifty 50 ETF will be benchmarked to the performance of Nifty 50 - Total Return Index. The scheme will track Nifty 50 - Total Return Index and portfolio of the scheme comprises by replicating the Index in the same weightage as in the Nifty subject to tracking error. Thus, the aforesaid benchmark is such that it is most suited for comparing performance of the scheme.

The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.

Switch options: Click here to view switch matrix for the applicable NAV.

Triggers:
A trigger is 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 trigger. Click here to view the FAQ on Trigger Facility

• IVR stands for Interactive Voice Response (IVR), a technology that allows an automated system to interact with humans through the use of voice and Dual Tone Multi-Frequency signaling (DTMF) tones input via keypad. IVR allows customers to interact with a company’s host system via a telephone keypad after which they can service their own inquiries by following the IVR dialogue. IVR systems can respond with prerecorded or dynamically generated audio to further direct users on how to proceed.

The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.

Switch options: Click here to view switch matrix for the applicable NAV.

Triggers:
A trigger is 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 trigger. Click here to view the FAQ on Trigger Facility

TPIN is a unique 5-digit folio-based Telephonic Personal Identification Number (TPIN) that allows investors to authenticate themselves on the IVR to access folio-related basic information along with placing Service Requests on IVR.

The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.

Switch options: Click here to view switch matrix for the applicable NAV.

Triggers:
A trigger is 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 trigger. Click here to view the FAQ on Trigger Facility

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 and need to mention all the details of your account no. and DP while filling the application form.
Also please note that SIP is allowed in Demat mode BUT Switch in/ Switch out/ Systematic Withdrawal Plan/ Systematic Transfer Plan are currently not available in the demat mode.
View the FAQs on Demat.

Transmission of units is done in the event of the death of the first unit holder wherein only the transfer of units will take place from the unit holder’s name to the claimant’s name.
Process:

1. Applicants/Claimants should submit the duly filled and signed Transmission Form along with the prescribed documents as per situation as specified in the AMFI Circular.

2. The transmission process is specific to mode of holding. Kindly click here for Common Transmission Forms for different scenarios, list of documents & Annexures to be submitted for transmission of units.

You may submit completely filled and duly signed Transmission Form with requisite documents and Annexures as prescribed in the Ready Reckoner to our AMC branch or KFin Technologies Limited collection centers closest to you. Please Click here to refer our Office Address, Contact Details and KFin Technologies Limited collection centers nearest to you.

Note:
       i. The redemption request given with transmission will not be processed and the claimant will have to submit a redemption request after the transmission is completed.

       ii. A new folio will be created for all transmission cases.

       iii. For Death Certificate (DC) issued outside India, the DC should be attested by Indian Embassy located in the country issuing the DC or embassy of the country issuing DC located in India.

Kindly refer to AMFI guidelines on the same for additional details.

Note:
a. The ongoing systematic transactions (SIP/STP/SWP) will be terminated post the transfer of units into the new folio.
Post the transfer of units, the claimant has to provide the new folio number allotted to him for any financial/non-financial transaction.

b. As per the ELSS, in the event of the death of the 'Assessee', the nominee or legal heir as the case may be shall be able to withdraw the investment only after the completion of1 (one) year from the date of allotment of the Units to the 'Assessee'. Accordingly, transfer of Units (allotted to 'Assessee' as defined under the ELSS) to nominees as mentioned above will be carried out only after the completion of 1 (one) year from the date of its allotment. The restriction of 3 (three) year shall apply to units allotted to investors other than the deceased 'Assesses' referred to above.

For any further guidance or assistance on Transmission, you may reach us on our below given helpline number or email us

TollFree Number: 1800 22 3863 / 1800 209 3863

Email Id: [email protected]

If the CKYC application is not processed / rejected for some reason, no intimation will be sent to the applicant from CERSAI. The entity processing your CKYC application will be aware of such rejections and can approach in case of any queries.

Fund of Funds is a mutual fund scheme investing in schemes of other mutual funds. It uses its expertise in identifying schemes and fund houses for investments. The expertise reduces the risk of wrong selection of funds. It also reduces the hassles of making multiple investments.

Equity Fund of Funds will invest in equity schemes of other mutual funds.

Quantum Equity Fund of Funds - QEFOF is an Open Ended Fund of Funds scheme Investing in Open Ended Diversified Equity Schemes of Mutual Funds. The fund will be investing in 5-10 diversified equity schemes of third party mutual funds. Open Ended Scheme means it is open for purchase and redemption on all business days. Investors can conveniently buy and sell units at Net Asset Value ("NAV”) based prices offering complete liquidity.

It is a suitable option for investors who have no time to do research on various equity funds and track their performance. Some attributes of QEFOF other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;

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

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

The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.

Switch options: Click here to view switch matrix for the applicable NAV.

Triggers:
A trigger is 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 trigger. Click here to view the FAQ on Trigger Facility

Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Know more on the Tax implications.

The Liquid Scheme’s basic objective is to manage the short term cash surplus of investors and provide optimal returns with moderate levels of risk and high liquidity. Liquid Funds generate income primarily through interest accrual by investing in money market instruments like Commercial Papers, Certificate of Deposits, CBLO/ Repos and in short term debt instruments of corporates and NBFCs.

Quantum Liquid Fund - QLF is an Open ended Liquid scheme which invests in money market and short term debt instruments. It is an ideal tool for managing surplus cash. The advantage of investing in a Liquid fund is that redemptions can be available generally on a next day (T+1 business day) basis, which means you get your money back almost the next day after you have notified us for the redemption (subject to Ceteris Paribus conditions). You can invest in liquid funds even for a day.

Investors looking to park their funds for few days can invest in QLF. Some attributes of QLF other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;

To generate income and capital appreciation through active management of portfolio consisting of short term, long term debt and money market instruments.

Please refer below table for the minimum amount required to invest or redeem in the Quantum Multi Asset Fund of Funds.

Debt Funds or Income Funds are mutual fund schemes which invest in debt securities and money market instruments. They aim to generate income and moderate capital appreciation with relatively lower risk.

The Quantum Dynamic Bond Fund is a debt fund which gives the fund manager flexibility to actively manage the portfolio based on interest rate view. The fund will primarily invest in Government Securities and PSU Bonds / instruments rated AAA/ AA and so forth, thereby minimizing Credit Risk. It will focus on capital appreciation by taking positions when the fund management team feels interest rates would come down and try to minimize capital losses when the fund management team feels interest rates are going up.

Quantum Dynamic Bond Fund – QDBF is an Open Ended Dynamic Debt Scheme Investing Across Duration with defined credit exposure and dynamic maturity profile. The fund will tend to invest in high quality debt and money market instruments. The fund manager would have the flexibility to actively manage the portfolio based on interest rate views. If interest rates are expected to rise, it will invest in short term securities that mature early and re-invest the proceeds at higher rate. Conversely if interest rates are expected to fall the scheme would invest in long term bonds to lock in high interest rates. And if interest rates fall subsequently the value of bond will increase providing capital growth.

Some attributes of QDBF other than the complete transparency we offer are;

The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.

Switch options: Click here to view switch matrix for the applicable NAV.

Triggers:
A trigger is 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 trigger. Click here to view the FAQ on Trigger Facility

The scheme’s performance will be benchmarked against the price of physical gold in the domestic market. The Benchmark has been selected as the Scheme being Fund of Fund scheme predominantly investing in Quantum Gold Fund – Exchange Traded Fund investing in physical gold. Therefore, the aforesaid benchmark is most suited for comparing performance of the Scheme.

The redemption request received from investors during the liquidity window upto 3.00 pm. on any trading day, shall be processed by the AMC at the closing NAV of the day.

The Quantum Nifty 50 ETF may invest in the following Instruments:

The AMC uses a "passive" or indexing approach to try and achieve Schemes Investment objective. The scheme would alter the scrips /weights as and when the same are altered in the Nifty 50 Index.
View the current portfolio,select the scheme name along with the year and month that you wish to view.

Mr. George Thomas Work experience: 6 years. He has been managing the fund since April 1, 2022.
Click here to view his complete profile.
Mr. Christy Mathai Work experience: 6.6 years. He has been managing this fund effective from November 23, 2022.
Click here to view his complete profile.

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 and need to mention all the details of your account no. and DP while filling the application form.
Also please note that SIP is allowed in Demat mode BUT Switch in/ Switch out/ Systematic Withdrawal Plan/ Systematic Transfer Plan are currently not available in the demat mode.
Click here to view the FAQs on Demat.

A multi-asset class investment would contain more than one asset class, thus creating a group or portfolio of assets. Multi-asset class investments increase the diversification of an overall portfolio by distributing investments throughout several asset classes. This reduces risk (volatility) compared to holding one class of asset.

Quantum Multi Asset Fund of Funds - QMAFOF is an open ended Fund of Funds scheme which will invest in various Quantum Mutual Fund Schemes. These schemes of Quantum Mutual Fund will fall in to different asset classes of Equity, Debt and Gold.

Investors looking for diversification/multi-asset allocation by investing in Debt, Equity and Gold, a combination of assets that works through the economic cycles can invest in QMAF. Some attributes of QMAFOF other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;

NAV Applicability

If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;

Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;

For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:

The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.

Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.

Load structure for the Quantum Multi Asset Fund of Funds is mentioned below:

Entry Load: NIL*

* 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.)

It should be noted that Quantum Mutual Fund has not charged Entry Load for any of its schemes since inception. We were one of the first mutual funds in India to launch schemes with no entry load, much prior to SEBI discontinuing the same.

Exit Load

W.e.f.June 02,2014:

a) 1.00% if redeemed or switch out on or before 90 days from the date of allotment of units.
b) NIL if redeemed or switch out after 90 days from the date of allotment of units.

The scheme is intended for investors with a long term investment horizon. The exit load is imposed to discourage investors who may buy and sell frequently which will adversely impact the returns of the other investors. Investors who have stayed invested for at least 90 days will not be charged any exit load.

The exit load in case of SIP & STP will be calculated on FIFO (First in First out) basis.

Click here to read more  on“High exit loads actually work for you!?”

Quantum ELSS Tax Saver Fund may invest in the following Instruments:

The investment strategy of the Scheme will be to invest in a basket of stocks after using intensive fundamental analysis, both quantitative and qualitative, monitor the portfolio actively but not so as to engage in excessive trading, and control risk by keeping the portfolio adequately diversified.

View the current portfolio,select the scheme name along with the year and month that you wish to view..

The current expense ratio of the Direct Plan of the Quantum Gold Savings Fund is 0.06% p.a. and the expense ratio for the Regular Plan is 0.21% p.a. with effect from September 01, 2020.

"As per Regulation 52(6)(a) of SEBI (MF) Regulations, the total expenses of the Scheme, including weighted average of charges levied by the underlying schemes shall not exceed 2.50% of the daily net assets of the scheme"

The Online Systematic Investment Plan (SIP) enables you to invest in an SIP online, without any paper work. It takes the simple SIP model and adds to it the convenience of an online investment platform, making it easier, simpler and faster for people to invest.

AMFI has prescribed registration fee of Rs.1,500/- for three years for this new cadre of Distributors. However, AMFI has waived registration fees for all the distributors registering for the first time in the categories of Individuals (including Sr. Citizen) and new cadre of Distributors
during the period from 1st February 2013 to 31st March 2014, subject to fulfilling of certain conditions

The investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavor to achieve returns equivalent to the Nifty by “passive” investment. The scheme will be managed by replicating the Index in the same weightage as in the Nifty 50 Index with the intention of minimizing the performance differences between the scheme and the CNX Nifty Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error.

The scheme offers Growth Option and IDCW Option.

If you decide to opt for the IDCW option, you would have to choose IDCW Payout facility.

IDCW history of the scheme

We have not paid out IDCW since our Inception, but, we do know how to manage your money, and manage it well – our NAV has nearly doubled, and our expense ratios have moved down – ensuring you of even better returns.

To check the performance of the Quantum ELSS Tax Saver Fund you will have to go through the current factsheets.
Click here for detailed Scheme Factsheet.

There is a saying in the world of investing, which is “higher the risk, higher the gain”. This is very significant when we speak of investing in the stock markets or Equities. Over the long term (5 years or more) Equities tends to give better returns to the investor, which also goes with the inherent risk of investing in Equities. For example over the last 10 years the BSE Sensex has given returns in the range on 18-20% (Source Bloomberg), which is probably higher than other vehicles of investment. However, we know how unpredictable the markets can be, hence sound investment strategies like a bottom-up stock selection process can be used to minimize risk. Click here to read more about Investment Philosophy.

An Equity Linked Savings Scheme or ELSS is a mutual fund scheme that invests in equity and equity related securities and are eligible for a deduction under section 80C of the Income Tax Act, 1961. These schemes have a lock-in period of three years, and thus, investments made in such a scheme cannot be redeemed / switched out before the completion of 3 years since the date of investment.

Quantum ELSS Tax Saver Fund - QETSF is an open ended equity linked savings scheme or ELSS having 3 years lock in period. Open Ended Scheme means it is open for purchase and redemption on all business days. Investors can conveniently buy and sell (after the lock in period) units at Net Asset Value ("NAV”) based prices offering complete liquidity.

Investors looking to invest in equity for minimum of 3 years with high risk appetite and avail tax benefits with the same can invest in Quantum ELSS Tax Saver Fund. Some attributes of Quantum ELSS Tax Saver Fund other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;

Quantum Equity Fund of Funds may invest in the following Instruments:

Quantum Equity Fund of Funds will follow a comprehensive research methodology which comprises of quantitative and qualitative analysis. Quantitative analysis: Here the focus will be on the performance of the schemes across time frames and market cycles. Qualitative analysis: The qualitative parameters will largely judge the fund on the parameters like fund house’s investment systems and processes and consistency in characteristics of its portfolio among others. Funds that emerge as the top performers on both the above parameters shall form part of the final portfolio.
View the current portfolio,select the scheme name along with the year and month that you wish to view.

The primary investment objective of the Scheme is to provide optimal returns with low to moderate levels of risk and high liquidity through judicious investments in money market and debt instruments.

NAV Applicability

If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;

Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;

For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:

The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.

Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.

Direct Plan:
The expense ratio of the Direct Plan of the Quantum ESG Best In Class Strategy Fund is 0.85% p.a. with effect from August 1, 2023 (Post GST).

Regular Plan:
The expense ratio of the Regular Plan of the Quantum ESG Best In Class Strategy Fund is 2.10% p.a. with effect from August 1, 2023 (Post GST).

Fund of Fund is a mutual fund scheme investing in schemes of other mutual funds.

Quantum Gold Savings Fund - QGSF is an open ended Funds of Fund scheme that invests in units of the Quantum Gold Fund (ETF), which in turn invests in physical gold. It is an ideal investment vehicle if you do not have a demat account and want to invest in Gold ETFs. The Quantum Gold Savings Fund also provides investors with a simple way to regularly invest in gold through Systematic Investment Plans. You can invest through the regular investment process without holding or opening a Demat account.

Investors looking to add Gold under their current portfolio and do not have Demat account should directly invest in QGSF. Some attributes of QGSF other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;

The current expense ratio of the Direct Plan of the Quantum Liquid Fund is 0.16% p.a. and the expense ratio for the Regular Plan is 0.26% p.a. with effect from August 19, 2020.

PLEASE NOTE THAT YOU NEED TO BE KYC COMPLIANT TO INVEST WITH US.

Click here to know more about KYC.

Systematic Investment Plan, Systematic Transfer Plan and Systematic Withdrawal Plan are not available under QGF.

Investors can avail of these facilities by investing in the Quantum Gold Savings Fund. Click here to read about Quantum Gold Savings fund.

Investors do have the option of regularly buying units from the listed exchanges and accumulating their QGF holdings.

Systematic Investment Plan, Systematic Transfer Plan and Systematic Withdrawal Plan are not available under Quantum Nifty 50 ETF.

Investors do have the option of regularly buying units from the listed exchanges and accumulating their QNF holdings.

PLEASE NOTE THAT YOU NEED TO BE KYC COMPLIANT TO INVEST WITH US.

Click here to know more about KYC.

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’.

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

Please click here for the CVL India website 

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 NIFTY 50 ETF can only be held in Demat form.

Yes, you can modify the existing nominee details as well as cancel the existing nomination.

Change/Modify the nominee:

Cancel/Delete the nominee:

All intermediaries in the security market are authorized to conduct IPV. In case of Mutual Funds, Asset Management Companies (AMCs) and distributors who comply with the certification process of National Institute of Securities Market (NISM) or Association of Mutual Funds (AMFI) and have undergone the process of Know Your Distributor (KYD) can perform IPV. Further, in case any applications are received directly from the investors (i.e. without being routed through the distributors), the Mutual Fund may rely upon the IPV (on the KYC Application Form) performed by scheduled commercial banks / authorised employees of AMC.

Presently IPV can be carried out by any of the following intermediaries:

Legal Entity Identifier (LEI) is a 20-digit number used to identify parties to financial transactions worldwide. The regulator has introduced LEI to improve the quality and accuracy of financial data reporting systems for better risk management. It is used to create a global reference data system that uniquely identifies every legal entity in any jurisdiction that is party to a financial transaction.

Please note that you need to be KYC compliant to invest with us. Click here to know more about KYC.

To invest offline , investors are requested to follow the steps given below:

• Collect the Application Form

• Complete the form and attach the mandatory documents

• Submit the Application Form

Collecting the Application Form

You can download the form from our website Click here to download the form now.

You can also collect the physical application form from any of our offices, as per the addresses below:

Quantum Asset Management Company Private Limited: 1st Floor, Apeejay House, 3 Dinshaw Vachha Road, Backbay Reclamation, Churchgate, Mumbai - 400020
Quantum Asset Management Company Private Limited: BSQUARE Office Solutions, 6th Floor Shree Krishna Centre, Nr. Mithakhali Six Roads, Navrangpura, Ahmedabad - 380 009
• K Fintech Technologies Limited- K Fintech Technologies Limited is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India.

Complete the form and attach mandatory documents

Fill your personal details like name, address, phone no., email id and bank account information and attach the below mentioned documents:

• Common application form along with the Transactions form (Duly filled and signed)

• Current dated at par cheque in favor of ‘Quantum __________ scheme - your PAN number’.  A copy of latest bank passbook/statement is required if the name is not printed

• A cancelled copy of cheque / copy of latest bank passbook/statement (only if the mode of payment is NEFT/RTGS

• KYC acknowledgement copy of the unit holder(s)

We wish to update you on information that is mandatorily required with the application form to avoid transaction rejection. Please find below the details:

1. 1. Income Slab – Income Declaration is mandatory; we want to highlight that investment applications are submitted with the assumption that the information will be updated from KRA. However, KRAs do not capture this information and hence if income slab values are not available on the investment application form, transactions will be liable for rejection.
2. 2. Tax Identification Number (TIN) for all NRI Categories –TIN is mandatory, wherever investor has declared the country of tax residency other than India in FATCA/CRS Declaration.
3. 3. For all NRI Tax Categories – Overseas address is mandatory on the application form.
4. 4. IFSC code: IFSC code is mandatory for all folios, this also enables to complete the bank account verification and third-party validation through penny drop mechanism.

5.  5. Nominee Declaration – Folios where investors have not registered their nomination or no opt out declaration is submitted for nomination on or before Dec 31, 2023, the folios will be frozen for any debits including redemption. With effect from 01 January 2024, for such freezed folios, Redemption, Transactions of already registered Systematic Transfer Plans (STP) / Systematic Withdrawal Plans (SWP) will not be allowed.

Submit the Application Form

You can submit your physical applications along with all required supporting documents as mentioned below:

• Quantum Asset Management Company Private Limited: 1st Floor, Apeejay House, 3 Dinshaw Vachha Road, Backbay Reclamation, Churchgate, Mumbai - 400020
Quantum Asset Management Company Private Limited: BSQUARE Office Solutions, 6th Floor Shree Krishna Centre, Nr. Mithakhali Six Roads, Navrangpura, Ahmedabad - 380 009

• K Fintech Technologies Limited- K Fintech Technologies Limited is our Registrar and Transfer Agent having many offices across India. Click here for all the locations available over India.

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

The unique features of small cap fund are:

• Liquidity and market cap will be important considerations – Disciplined about fund capacity to avoid large size becoming a hindrance to performance

• Strong Research Capabilities to navigate large small cap universe

• Emphasis on Governance and Management Quality

• Selects stocks based on Growth at Reasonable price (GARP) approach.

• Employs a long-term Approach to capitalize on compounding that small businesses offer

Small Cap Stocks have the potential to create wealth and generate alpha over the long term as these are under-researched, generally often mis-priced, innovative, or niche businesses with a long growth runway and scope to increase market share. These stocks can offer investors exposure to emerging themes and sectors which may not be covered under large and mid-cap companies.

The key advantages of Quantum Small Cap Fund are:

1. True to Label Fund   - Disciplined about fund capacity to prevent large size becoming a hindrance to performance.

2. Prioritizes Liquidity - Minimum Rs. 2cr Average Value per day in all stocks

3. High-Conviction Portfolio -  Of 25 to 60 Stocks for optimal diversification to avoid becoming a “Closet” Small Cap Index.

4. Agile Portfolio Construction - Track Record since 2006 of judiciously building portfolios.

5. Ensuring Limited Ownership - General limit of 5% of market capitalisation holding in all stocks.

6. Sizeable Stock Exposure - Minimum weight of 2% at cost in each stock.

NAV Applicability

If the valid application received up to 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription/ purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme and are available for utilization before the cut-off time (3.00 p.m.)- the closing NAV of the day shall be applicable. If the valid application received after 3.00 p.m. on a Business Day at the official point (s) of acceptance and funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Scheme on same day or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day- the closing NAV of the subsequent Business Day shall be applicable;

Irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription / purchase (including switch-in) as per the application are credited to the bank account of the respective Schemes on or before the cut - off time of the subsequent Business Day i.e. funds are available for utilization before the cut-off time of subsequent Business Day - the closing NAV of such subsequent Business Day shall be applicable;

For Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Dividend Transfer Facility:

The units will be allotted based on which the funds are available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of dividend declarations. It may also be noted that allotment of units in the normal course will be based on realization of amount of subscription or the date of receipt of application or the date of instalment (in case of SIP) whichever is later if both realization and application dates are different.

Further, if the time of realization of funds can’t be ascertained then the allotment of units will be as per the day and date of realization of amount of subscription.

Load structure for the Quantum Dynamic Bond Fund is mentioned below:

Entry Load: 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 and upfront commission to the distributors will be paid by the investor directly to the Distributor, based on his/her assessment of various factors including the service rendered by the distributor.)

It should be noted that Quantum Mutual Fund has not charged Entry Load for any of its schemes since inception. We were one of the first mutual funds in India to launch schemes with no entry load, much prior to SEBI discontinuing the same.

There is NO exit load if you wish to redeem or switch out from the scheme.

The ongoing Daily, Weekly, Fortnightly and Monthly SIP will be terminated after 3 consecutive and Quarterly will be terminated after 2 consecutive reversals due to any reason . 

In case you have opted for a ‘View and Pay’ option for your online SIP , you need to authorize the payment on or before the SIP date on your net banking site. If you fail to authorize the payments for two consecutive SIP dates, the SIP will be discontinued.

For further queries please do not hesitate to get in touch with us on [email protected] or on 1800-22-3863 or 1800-209-3863.

An existing individual investor with Quantum Mutual Fund who has a username and password for the Login section can apply, register and invest through our Online SIP module.

However, if you do not have a Quantum username and password but wish to avail this facility, please visit www.quantumamc.com to seek the online username and password to facilitate availing / applying for Online SIP 

You will also need to have a net banking with utility payment facility enabled with your bank and be KYC compliant to invest through Online SIP .

Note : A first time investor will be able to make only a lumpsum purchase through our  Login section. Post KYC verification, you will be able to make additional transactions through your invest online login including registration of Online SIP.

Currently SIP through ENACH is unavailable for NRI Investors.

Following are the steps to register an ISIP

The investor can change his tax status from Resident Individual to Non-Resident Individual and vice versa. Please refer the below offline and online procedures.
Offline Process:

Online Process:

NOTE: i) If photocopy of any document is submitted, it should be certified by the bank or investors must produce original for verification. Incase of change of tax status from RI to NRI, the bank account type should be a NRO Bank Account (Non- Resident Ordinary) only as the investment amount earlier was non-repatriable.
ii) It will take 10 working days for the change of resident status request to be processed ( subject to verification ).

From April 01,2020 onwards, Mutual Funds are liable to deduct tax on IDCW income distributed to investors.

You can make a purchase through SIP for all our schemes (except for Quantum Nifty 50 ETF and Gold ETF Fund) through the Online mode or the Offline mode.

Offline SIP - The request for SIP application should be received at our end within 21 business days prior to the SIP date opted by you in the form. After receiving the valid documents at our end, your SIP will be activated.

Online SIP - Online SIP (ISIP) instructions will take a minimum of 15 days for activation by the Registrar and the Bank. The first auto debit will be carried out only after the registration is completed by the Registrar and the Bank.

Earlier the SIP registration facility was provided for existing investors only. However, now the first time investors can also register for a SIP through our new purchase Invest Online module. The new purchase can be done alongwith lumpsum purchase or for only ‘SIP’ also.

Choose your preferred mode and click on the below links to read more and invest with us.

To know more about investing online in India’s 1st Direct to Investor Mutual fund, Please Click here. Please note that you need to be KYC compliant to invest with us. Click here to read more about KYC.

Please check our FAQs on SIP Online to know the procedure to register an online SIP.

Online SIP instructions will take a minimum of 21 Calendar Days for activation by the Registrar and the Bank. The first auto debit will be carried out only after the registration is completed by the Registrar and the Bank.

It can be obtained from any of the Local Operating Units (LOUs) accredited by the Global Legal Entity Identifier Foundation (GLEIF), the body tasked to support the implementation and use of LEI. In India, LEI can be obtained from Legal Entity Identifier India Ltd. (LEIL) (https://www.ccilindia-lei.co.in), which is also recognised as an issuer of LEI by the Reserve Bank.

Yes. As per RBI circular (RBI/2020-21/82 DPSS.CO.OD No.901/06.24.001/2020-21) 20-digit LEI code of remitter and beneficiary (non-individuals) are mandatory w.e.f. 1.4.2021 for NEFT/RTGS transactions amounting to Rs. 50 crores and above.

The KIN will be allotted by CERSAI within 4 – 5 working days. 

Online STP instructions will take 5 business days for registration with the registrar. The first STP transaction will be carried out only after the registration. 

The Scheme will invest in the units of Quantum Nifty 50 ETF (Q Nifty), a mutual fund scheme Replicating / Tracking Nifty 50 Index - in the form of an Exchange Traded Fund.View the current portfolio,select the scheme name along with the year and month that you wish to view.

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

Yes, you can distribute our funds online after signing an Online Distribution Agreement with us.

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

Central KYC Registry is a centralized repository of KYC records of customers in the financial sector with uniform KYC norms and inter-usability of the KYC records across the sector with an objective to reduce the burden of producing KYC documents and getting those verified every time when the customer creates a new relationship with a financial entity. Once the CKYC is complete for an Investor, he / she is allotted a 14-digit unique KIN (KYC Identification Number) which needs to be quoted by the investor while doing any transaction.

Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) is acting as Central KYC Registry (CKYCR). CERSAI is a central online security interest registry of India authorized by the Government of India to act as and to perform the functions of the Central KYC Records Registry under the PMLA (Prevention of Money-Laundering) rules 2005, including receiving, storing, safeguarding and retrieving the KYC records in the digital form for a client. CERSAI will act as central repository of KYC records of investors in the financial services sector with uniform KYC norms.

You need to submit the following documents: 
a) Duly filled and signed CKYC application form OR KRA application form + Supplementary CKYC form 
b) One proof of Identity (self-attested copy) 
c) One proof of Address (self-attested copy) 
d) One photograph 

Central KYC Registry has the below salient features:

I.  Facilitates uniformity & inter-usability of KYC records & process across the financial sector.

II. Unique KYC identifier linked with independent ID proofs.

III. Substantial cost reduction by avoiding multiplicity of registration and data upkeep.

IV.  KYC data and documents stored in a digitally secure electronic format.

V. Facilitates KYC Search, Upload, Download, Update.

VI.  Secure and advanced user authentication mechanisms for system access
VII. Data de-duplication to ensure single KYC identifier per applicant.
VIII. Real time notification to institutions on updation in KYC details.

IX. Seamless file exchange processes without the need for manual intervention.

X. API’s for search and download allow for real time account opening for CKYC compliant customers.

KYC – is the known and regular process in the Mutual Fund industry whereby the identity of an investor is verified based on written details submitted by him / her on a form, supplemented by an In Person Verification (IPV) process. Once the verification is done successfully, the relevant investor data is entered into the KRA Registration Agency (KRA) system and subsequently uploaded to their database. 
eKYC – is KYC done with the help of a investor’s Aadhaar number. While completing the eKYC, the authentication of the investor’s identity can be done: 
(a) Via One Time Password (Limits investments to Rs 50,000 per year per mutual funds and mandates investments via the online electronic mode) 
(b) Via Biometrics (No limits on the investment amount here unless those specifically imposed by the scheme / Fund House) 
This data is uploaded into the records of the KRA. 
CKYC – is an initiative of the Government of India where the aim is to have a structure in place which allows investors to do their KYC only once. CKYC compliance will allow an investor to transact / deal with all entities governed / regulated by Government of India / Regulator (RBI, SEBI, IRDA and PFRDA) without the need to complete multiple KYC formalities which is an inconvenience / hindrance as of now. It will allow for larger market participation by investors, easing their journey on the financial highway. The CKYC processing is handled by CERSAI. 

Currently CKYC is applicable to Individuals only (Resident Individuals & Non-Resident Indian). Any individual customer who has never done KYC with KYC Registration Agency (KRA) and whose KYC is not registered in the KRA as well as CKYC system is required to complete the CKYC process.

Existing investors who are registered or verified in the KRA system can continue making investments without any additional documentation. However, for any modification to their existing records, they need to fill up the CKYC form.

No. CKYC requires additional information (for e.g. – investor’s maiden name, mother’s name, FATCA information etc) to be collected and submitted to CERSAI for completion of the CKYC formalities of an investor. Date of Birth is a mandatory information under CKYC. All required documentation including proof of identity and proof of address are mentioned in the CKYC form.

Money laundering has become a big problem worldwide threatening the stability of various regions by actively supporting and strengthening terrorist networks and criminal organizations. The links between money laundering, organized crime, drug trafficking and terrorism pose a risk to all financial institutions. This means that we need to know and understand our investors in a much better manner that ever before. 
With this in mind, the Government / Regulatory Bodies are introducing new and novel ways, enabling people to complete their KYC formalities in a quick and convenient manner. The targeted aim is to ensure that an investor does his / her KYC formalities only once, post which the focus for the investor can subsequently shift towards the actual dealing with the financial institutions. 

PAN is not required to be mandatorily mentioned by the applicant on the CKYC application form provided by CERSAI. This form will be used by institutions which do not require PAN to be provided mandatorily for account opening / transaction purposes. 
However, from the securities markets perspective, PAN is a mandatory requirement and therefore the said CERSAI form has been modified at our end and investors approaching us for completing CKYC have to mandatorily provide us with their PAN. The KYC type has to be selected as ‘Normal’ on the CKYC application forms and in case any investor does not have a PAN, the KYC type should be selected as ‘PAN Exempt Investors’. 

You need to submit both proofs of identity as well as address. 
For identity proof, you may submit any one document - PAN/ passport / voter ID/ driving license / Aadhaar card / NREGA job card / any other document notified by central government. 
For address proof, you may use the same proofs as submitted as identity proof (except the PAN, since that does not specify the address). If your permanent address is different from the correspondence address, then you need to submit proof for both the addresses. 
Copies of all documents that are submitted need to be compulsorily self-attested by the applicant and accompanied by originals for verification. In case the original of any document is not produced for verification, then the copies should be properly attested by entities authorized for attesting the documents. For more details, please refer to the “instructions / guidelines” over-leaf on CKYC / Supplementary CKYC form. 

For completing the CKYC process, the customer is required to visit the nearest Point of Service /Point of Acceptance and furnish the duly filled in CKYC form, all the required documents (duly attested) as prescribed under CKYC.

Further, if any prospective investor uses the old KYC form, which does not have all information needed for registration with CKYC, such customer should either be requested to provide additional/missing information using a supplementary CKYC form or fill the new CKYC form.

Please refer this link https://www.ckycindia.in/ckyc/assets/images/CKYCvideoforReportingEntities.mp4

As per the SEBI Circular no. CIR/IMD/DF/21/2012 dated September 13, 2012, a new cadre of distributors are categorized such as postal agents, retired government and semi-government officials (class III and above or equivalent), retired teachers and retired bank officers with a 
service of at least 10 years, and other similar persons (such as Bank correspondents) as may be notified by AMFI/ AMC from time to time, has been allowed to sell units of simple and performing mutual fund schemes.

Subsequent to SEBIs circular, AMFI included the following persons under the new cadre:

1) Intermediaries/ Agents engaged in distribution of financial products e.g. insurance agent, FD agent, National Savings Scheme products, PPF, etc. registered with any other Financial Services Regulator.

2) Business correspondents appointed by Banks.

Simple and performing mutual fund schemes shall comprise of diversified equity schemes, fixed maturity plans (FMPs) and index schemes and should have returns equal to or better than their scheme benchmark returns during each of the last three years. 

Yes, These new cadre of distributors are required to complete a simplified form of National Institute of Securities Market (NISM) certification. The NISM has launched the Continuing Professional Education (CPE) and Test programme for the new cadre of Distributors and 
registration for the same commenced from January 14, 2013. 

KIN is being allotted by CERSAI to investors whose CKYC application is found to be valid. An SMS / email will be sent by CERSAI to the registered mobile number of the investor as soon as the KIN is generated at their end. Since CERSAI will not be sending any physical intimation, applicants should ideally provide their mobile number and/or email ID in the CKYC application form. 

For commission structure details, please contact Mr. Nilesh Gawle - AVP Channel Sales - Email - [email protected] | Mobile – 9324445938

Even an SEBI Registered Investment Advisor (RIA) can become a Partner with Quantum Mutual Fund.

Investors who are already allotted a KIN are considered as CKYC compliant. Such investors do not need to submit any more documents for CKYC compliance. However, please ensure to keep the KIN details readily available as it needs to be mentioned on the application form at the time of investing. 

Transmission of units is done in the event of the death of the first unit holder wherein only the transfer of units will take place from the unit holder’s name to the claimant’s name.
Process:

Note:

Kindly refer to AMFI guidelines on the same for additional details.

Note :

a. The ongoing systematic transactions (SIP/STP/SWP) will be terminated post the transfer of units into the new folio.
Post the transfer of units, the claimant has to provide the new folio number allotted to him for any financial/non-financial transaction.

b. As per the ELSS, in the event of the death of the 'Assessee', the nominee or legal heir as the case may be shall be able to withdraw the investment only after the completion of1 (one) year from the date of allotment of the Units to the 'Assessee'. Accordingly, transfer of Units (allotted to 'Assessee' as defined under the ELSS) to nominees as mentioned above will be carried out only after the completion of 1 (one) year from the date of its allotment. The restriction of 3 (three) year shall apply to units allotted to investors other than the deceased 'Assesses' referred to above.

Investor need to fill the application form available on Link ETF Transaction Slip and submit at the Official Point of Acceptance of the AMC.

A. Investors can directly approach the AMC for redemption of units of ETFs, for transaction of upto INR 25 Cr. without any exit load, in case of the following scenarios:
i. Traded price (closing price) of the ETF units is at discount of more than 1% to the day end NAV for 7 continuous trading days, or
ii. No quotes for such ETFs are available on stock exchange(s) for 3 consecutive trading days, or
iii. Total bid size on the exchange is less than half of creation units size daily, averaged over a period of 7 consecutive trading days.

B. In case of the above scenarios, applications received from investors for redemption up to 3.00 p.m. on any trading day, shall be processed by the AMC at the closing NAV of the day.

C. The above instances shall be tracked by the AMC on a continuous basis and in case if any of the above mentioned scenario arises, the same shall be disclosed on the website of AMC under respective Scheme Product page.

Investors need to submit the off-market “Delivery Chalan” to transfer the units from their DP account to scheme’s DP account. This Delivery Challan need to be submitted to your DP and acknowledgement to be attached with our transaction slip. Please click here to download the ETF Transaction Slip.

Above application can be submitted to our AMC branch or Kfintech Collection Center nearest to you. Please click here to locate the address closest to you.

Alternatively, you can also email us the above applications from your registered Email Id to our Transact Id – [email protected].

AMC will make the payment in your bank account linked with demat account within T+2 working days, T being the date of transaction.

The redemption request received from investors during the liquidity window upto 3.00 pm. on any trading day, shall be processed by the AMC at the closing NAV of the day.

Investor need to fill the application form available on Link ETF Transaction Slip and submit at the Official Point of Acceptance of the AMC.

Investors need to submit the off-market “Delivery Chalan” to transfer the units from their DP account to scheme’s DP account. This Delivery Challan need to be submitted to your DP and acknowledgement to be attached with our transaction slip. Please click here to download the ETF Transaction Slip.

Above application can be submitted to our AMC branch or Kfintech Collection Center nearest to you. Please click here to locate the address closest to you.

Alternatively, you can also email us the above applications from your registered Email Id to our Transact Id – [email protected].

A. Investors can directly approach the AMC for redemption of units of ETFs, for transaction of upto INR 25 Cr. without any exit load, in case of the following scenarios:
i. Traded price (closing price) of the ETF units is at discount of more than 1% to the day end NAV for 7 continuous trading days, or
ii. No quotes for such ETFs are available on stock exchange(s) for 3 consecutive trading days, or
iii. Total bid size on the exchange is less than half of creation units size daily, averaged over a period of 7 consecutive trading days.

B. In case of the above scenarios, applications received from investors for redemption up to 3.00 p.m. on any trading day, shall be processed by the AMC at the closing NAV of the day.

C. The above instances shall be tracked by the AMC on a continuous basis and in case if any of the above mentioned scenario arises, the same shall be disclosed on the website of AMC under respective Scheme Product page.

Investor can submit the request either to their Depository Participant (DP) / AMC branch / Kfintech Collection Centers.

Online:
1. Click on the tab "Partner Corner” > Get Empanelled.

2. Partner to enter either broker code / RIA code (for e.g. If the ARN code is 12345, the partner needs to enter “12345”) 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 Kfintech Serviced Fund House. Also the e-mail ID and mobile number are available in Kfintech records
• System will populate the contact details (masked). Also the partner will get an option to add alternate email ID and mobile number. And the OTP will be sent to the registered details as well as on the alternate contact 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 Kfintech Serviced Fund House. However, the e-mail ID and / or mobile number is not available or old contact details registered in Kfintech 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 Kfintech 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

A transaction which requires minimal investment details and can be completed in a short span of time is known as a Quick Purchase Transaction.

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:

•         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. The 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.

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:

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.

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.

1. Login with OTP
2. Select ‘SIP Modification’ under the ‘Transaction’ menu
3. Select/Enter the folio and click on ‘Submit’
4. The details of the existing SIPs will display. Click on ‘Modify’ for the SIP to be modified
5. Enter the required details and click on ‘Submit’
6. Confirm the SIP modification by clicking on ‘OK’ option
7. An email with the link to complete the SIP modification will be triggered to the investor’s registered email Id
8. 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’
9. 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
10. 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.

Procedure for SIP Registration in Partner Login :

Visit www.QuantumAMC.com > Partner Corner > Partner Login

1.Login with OTP

2. Select ‘SIP’ under the ‘Transaction’ menu

3. Select/Enter the folio and click on ‘Submit’

4. Click on ‘Add New SIP’

5. Enter the required details and click on ‘Submit’

6. Confirm the details of SIP by clicking on ‘Confirm’ option

7. An email with the link to complete the SIP registration will be triggered to the investor’s registered email Id

8. Investor has to click on the link and have to enter the bank details

9. Click on ‘Send OTP’. OTP will be sent to investor’s registered email id & mobile number. Investor to confirm the transaction by entering the OTP received

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. Investor has to register the URN within expiry date (within 7 days from registration date)

12. SIP will be registered within 15 days (subject to successful registration confirmation received from the Bank).

Note:

All the other features of the Partner Login Module will remain the same as earlier.

You may write to us at [email protected] incase of any feedback /clarifications required.

The conditions to be fulfilled are: 

i) Senior Citizens are Individuals who qualify under the criteria stipulated by SEBI i.e. a person who has attained age of 50 years as on May 31, 2010 (OR) has at least 10 years experience in the securities market OR/ AND in distribution in Mutual Fund products as on May 31, 2010. 

ii) New cadre of Distributors should be compliant with the criteria mentioned in the SEBI Circular dated September 13, 2012. 

iii) Individuals, Sr. Citizens and new cadre of Distributors should have valid Certificate for passing NISM Examination/ attending CPE Programme. 

 Iv) ARN Card issued shall be valid upto 3 years from the date of passing the date of NISM Examination / attending CPE Programme. However, renewal of ARN after 3 years shall be subject to payment of prescribed fees, as applicable at the time of renewal.

v) The application made for registration under this scheme (waiver of fees) should be accompanied with all other stipulated documents specified in the ARN Registration Form.

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.

A. Investors can directly approach the AMC for redemption of units of ETFs, for transaction of upto INR 25 Cr. without any exit load, in case of the following scenarios:
i. Traded price (closing price) of the ETF units is at discount of more than 1% to the day end NAV for 7 continuous trading days, or
ii. No quotes for such ETFs are available on stock exchange(s) for 3 consecutive trading days, or
iii. Total bid size on the exchange is less than half of creation units size daily, averaged over a period of 7 consecutive trading days.

B. In case of the above scenarios, applications received from investors for redemption up to 3.00 p.m. on any trading day, shall be processed by the AMC at the closing NAV of the day.

C. The above instances shall be tracked by the AMC on a continuous basis and in case if any of the above mentioned scenario arises, the same shall be disclosed on the website of AMC under respective Scheme Product page.

Investor can submit the request either to their Depository Participant (DP) / AMC branch / Kfintech Collection Centers.

Offline SIP registered through Auto Debit mode -

If you wish to change the bank details for your existing Systematic Investment Plan (SIP) registered through the above mode, you need to submit the request for cancellation of existing SIP.  It will be cancelled within Transaction (T) + 2 working days.

To register SIP with new bank, you need to submit a duly filled and signed One Time Mandate along with the SIP Auto Debit form alongwith a cancelled cheque copy of your new bank account. It will be registered within 21 calendar days.

Simultaneously you need to submit duly filled and signed  Multiple Bank Account Registration Form mentioning the new bank account details alongwith a cancelled original bank cheque leaf or attested copy of Bank statement/ Certificate / Bank Pass Book duly attested by the bank manager. New bank details will be updated and registred within 10 working days. 

SYSTEMATIC INVESTMENT PLAN (SIP)

The unit holders will be able to Initiate request for Systematic Investment Plan (SIP) at the time of NFO along with the first investment during the NFO period. The SIP registration request given during the NFO period will be processed after scheme reopens for continuous sale and repurchase after NFO.

SYSTEMATIC TRANSFER PLAN (STP) (Available during continuous offer)

SYSTEMATIC WITHDRAWAL PLAN (SWP) (Available during continuous offer)

You can invest in our Schemes through the following modes:

Kindly note new purchase on SMS, WhatsApp, email and fax is not available during NFO. Only when the scheme is open for daily investment, these options can be used for transacting or making additional investment in the existing folio.

Please note that for ETF schemes i.e. Quantum Gold Fund ETF and Quantum NIFTY 50 ETF you will have to read the respective SID of the schemes.

The Scheme offers two plans: 
1) Direct Plan
2) Regular Plan

Each Plan offers Growth Option.

The income attributable to Units under Growth Option will continue to remain invested and will be reflected in the Net Asset Value of Units under Growth Option.

Investor should indicate the Direct / Regular Plan for which the subscription is made by indicating the choice in the application form. In case of valid application received without indicating any choice of plan then the application will be processed for plan as under:

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/ distributor. 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.

The Trustees reserves the right to introduce a new Option/ Plan at a later date, subject to the SEBI Regulations.

The cut-off times for determining Applicable NAV’s for subscription, redemptions and switches to be made at the Investor Service Centres/ Official Points of Acceptance from time to time are as per the details given below: 

SUBSCRIPTION/PURCHASE INCLUDING SWITCH-INS:-
a. In respect of valid application received upto 3.00 p.m. on a Business Day at the official point(s) of acceptance and funds for the entire amount of subscription/ purchase (including switch in) as per the application are credited to the bank account of the Scheme and are available for utilization before the cut-off time (3.00 p.m.), the closing NAV of the day shall be applicable; 

b. In respect of valid application received after 3.00 p.m. on a Business Day at the official point(s) of acceptance and funds for the entire amount of subscription / purchase (including switch in) as per the application are credited to the bank account of the Scheme on the same day or before the cut-off time of the next business day i.e. funds are available for utilization before the cut-off time of the next Business Day, the closing NAV of the next Business Day shall be applicable; 

c. However, irrespective of the time of receipt of application at the official point(s) of acceptance, where the funds for the entire amount of subscription/ purchase (including switch in) as per the application are credited to the bank account of the Scheme on or before the cut-off time of the subsequent Business day i.e. the funds are available for utilisation before the cut-off time of the subsequent Business day, the closing NAV of the such subsequent Business Day shall be applicable,. 

It may be noted that in case of Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Transfer of Income Distribution Cum Capital Withdrawal Facility, the units will be allotted based on the funds available for utilization by the respective schemes / target schemes irrespective of the installment date of the SIP, STP or record date of income distribution. 

REDEMPTIONS INCLUDING SWITCH–OUTS:
1. In respect of valid applications received up to 3 p.m. on a Business Day - the closing NAV of the day of receipt of application shall be applicable.
2. In respect of valid applications received after 3 p.m. on a Business Day - the closing NAV of the next Business Day shall be applicable.

Exit Load: 

Note: Redemptions / Switch outs of units will be done on First In First Out (FIFO) basis.

Redemptions / Switch outs of units will be done on First In First Out (FIFO) basis. The above-mentioned load structure shall be equally applicable to the special facilities such as Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) and Switches etc. However, no load shall be charged for switching between option / plan within the Scheme.

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:

You can invest in the scheme using the following avenues:

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

Systematic Transfer Plan (STP) (on an ongoing basis): This facility 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. 

Switch options: Click here to view switch matrix for the applicable NAV. 

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)

Yes you can make additional purchase, ISIP purchase and cancellation under the same folio using your existing User Id and password which was created during your initial purchase transaction for allotment of Units in demat mode.
Please refer below table for the options enabled and disabled while you log in with your details.

OPTIONS ENABLED

Units requested for Dematerialisation should be free from credit hold, lien or any other hold. In case any units are under hold for want of credit status, conversion will be processed only after clearance of such hold.

Dematerialisation request should not be submitted if the units are lien or locked for any Income Tax or other legal purpose.

Quantum Long Term Equity Value Fund offers Growth Option and IDCW Option.

If you decide to opt for the IDCW option, you would again have to choose one of the facilities: IDCW Payout or IDCW Reinvestment.

IDCW history of the scheme

We have not paid out IDCW since our Inception, but, we do know how to manage your money, and manage it well - our NAV has nearly doubled, and our expense ratios have moved down – ensuring you of even better returns. Read our article on "We invite you to declare your own Dividend".

Note: IDCW stands for "Income Distribution cum Capital Withdrawal"

KRA generally takes 15 days for updation of these information (however it can be delayed due to various reasons). Once the details get updated in the respective KRA, it will get updated in our records as well.

You can submit your applications along with all required supporting documents as mentioned below:

Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Click here to understand the details on Taxation

Existing investors can make the following transactions through SMS:

Financial Transactions:

• Additional Purchase (Subscription)
• Redemption
• Switch in / Switch-out

Non – Financial Transactions:

• • NAV
• • Folio Valuation
• • Email Statement of Account
• • SIP Renewal Procedure

• Quantum Long Term Equity Value Fund: Please click here to view the load structure of the scheme

• Quantum Liquid Fund: Please click here to view the load structure of the scheme

• Quantum ELSS Tax Saver Fund: Please click here to view the load structure of the scheme

• Quantum Equity Fund of Funds: Please click here to view the load structure of the scheme

• Quantum Gold Savings Fund: Please click here to view the load structure of the scheme

• Quantum Multi Asset Fund of Funds: Please click here to view the load structure of the scheme

• Quantum Dynamic Bond Fund: Please click here to view the load structure of the scheme

• Quantum ESG Best In Class Strategy Fund: Please click here to view the load structure of the scheme

• Quantum Nifty 50 ETF Fund of Fund: Please click here to view the load structure of the scheme

• Quantum Small Cap Fund: Please click here to view the load structure of the scheme

• Quantum Multi Asset Allocation Fund: Please click here to view the load structure of the scheme

• Quantum Ethical Fund: Please click here to view the load structure of the scheme

The Benchmark Index for the Quantum Long Term Equity Value Fund is Tier 1 S&P BSE 500 - Total Return Index (TRI) and Tier 2 S&P BSE 200 - Total Return Index (TRI) .  It appropriately represents the returns from the S&P BSE 500 S&P BSE 200 Index since it includes the dividend received from the S&P BSE 500 and 200 companies. 

Transaction Through Email (Without Attachment) -

• Existing Individual Investors (irrespective of mode of holding)
• All holders to be KYC compliant
• The transaction email needs to be received from the Email Id registered under investor’s folio.
• The investor’s mobile number needs to be registered in the said folio.
• A new investor or non-individual investors cannot avail for this facility

Transaction Through Email (With Attachment) –

• Existing Individual & non-individual Investors (irrespective of mode of holding)
• All holders to be KYC compliant
• The transaction email needs to be received from the Email Id registered under investor’s folio.
• The investor’s mobile number needs to be registered in the said folio.

The following features are available in the scheme:
Systematic Investment Plan (SIP) (on an going basis): 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) (On an going basis): 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) (On an going basis): 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.

Switch options: Click here to view switch matrix for the applicable NAV.

Triggers:
A trigger is 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 trigger. Click here to view the FAQ on Trigger Facility

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 ''.

Currently only an existing investor with Quantum Mutual Fund can invest in SWP through our online SWP option.

1. Visit www.QuantumAMC.com.
2. Click on Invest Online section and log in using your User id/PAN and Password/OTP.
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 ‘Submit’ and confirm the SWP registration request by clicking on ‘Confirm’ option

All categories of existing investors and prospective investors (individual/non-individual/corporate body including Joint Holders, HUF, Guardian in case of Minor and Power of Attorney Holder) are required to become FATCA compliant.

Please click the below link to download the FATCA Form for Individual & HUF –
https://www.quantumamc.com/regulatory-document/application-form/551

Please click the below link to download the FATCA Form for Non – Individual –
https://www.quantumamc.com/regulatory-document/application-form/550

Investors having Bank Accounts with the banks participating in National Payments Corporation of India (NPCI) for payment through Interbank Mobile Payment Solution (IMPS) facility can invest in Quantum Mutual Fund Schemes.
The customer having account with any of these banks should register for IMPS service with the Bank. The registration process shall be as per the procedure laid down by each bank.

Please refer below table for the minimum amount required to invest or redeem in the Quantum Long Term Equity Value Fund.

WhatsApp Facility will be available to existing registered Identified Investors as prescribed by the AMC from time to time and individual investors and joint holders and who is KYC compliant (for financial transactions). The new investor who wishes to avail this Facility shall first be required to subscribe / purchase units through the offline / web or such other mode of transactions as may be prescribed by the AMC from time to time.

To avail for this facility, the mobile number and Email Id of the investor needs to be registered under his folio.

Taxation of Mutual Funds in India can be divided in two parts Capital Gains & Dividends. Know more on the Tax implications.

You need to mention your transaction type, folio number, amount, scheme details like name, plan and option, details about change request in the WhatsApp / HIKE message (depending upon the type of transaction).

No, there are no charges for Online KYC through Quantum website.

This is a completely new paperless initiative introduced for the first time in the Industry by Quantum Mutual Fund for our prospective investors.

Please refer below table for the minimum amount required to invest or redeem in the Quantum ELSS Tax Saver Fund.