Quantum Mutual Funds

Equity Funds

Equity fund is where, the investor can deposit not only in stocks but also in individual securities. Each unit invested in equity funds will have a NAV (net asset value) which changes every day as per the stock exchange. The different types of equity funds available with Quantum mutual funds are

• Quantum Long Term Equity Value Fund
• Quantum Tax Saving Fund
• Quantum Equity Fund of Funds
• Quantum Nifty ETF
• Quantum India ESG Equity Fund

Quantum Long Term Equity Value Fund

This is an open-ended equity scheme which has a good investment strategy. Investors who are looking for long term capital appreciation can opt for this fund. Under this scheme, the units are primarily invested in equity and equity-related instruments of companies in the S&P BSE 200 index. The risk degree is moderately high for this scheme.

Asset Allocation

The normal asset allocation will be as follows

Features

• li The scheme category is value fund
• It mainly focuses on long term capital gain
• The Benchmark for the scheme is S&P BSE Sensex Total Return Index
• There is no entry load
• Exit load if redeemed after a year from the allotment date, its 2%. If redeemed after 730 days, Nil
• Up to Rs 50000 cash transactions can be accepted as per SEBI
• The minimum application amount is Rs 500 and in multiples of Re 1 after that
• The minimum additional investment amount is Rs 500 and in Re 1 multiple per 50 units
• The minimum redemption amount is Rs 500 or 50 units or account balance whichever is less
• The scheme offers two plans namely direct plan and regular plan
• The minimum investors required for this scheme is 20

Investment Securities

The scheme will invest in the below-listed securities

• Equity and equity-related securities
• Money market instruments
• Commercial papers
• Commercial Bills
• Certificates Of Deposits
• Government securities
• Any other securities as permitted by SEBI

Eligibility

• Resident Adult Individuals can invest either single or jointly
• Hindu Undivided Family (HUF)
• Body of individuals, public sector undertakings etc.
• Minors with a parent or legal guardian
• Partnership Firms including Limited liability partnerships
• Companies and societies as registered under the society’s registration act 1860
• Banks and other Financial institutions as permitted by RBI
• Mutual Funds registered with SEBI
• Charitable Trusts
• NRI’s
• Foreign Institutional Investors as registered with SEBI
• Foreign Portfolio Investors
• Army, Air Force, Navy and other bodies created by such institutions
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission
• AMC, Trustees, or their associates

Quantum Tax Savings Fund

This scheme allows investing in equity and equity-related instruments of companies in the S&P. BSE 200 index and the investor can enjoy tax benefit under section 80 C of the Income Tax Act, 1952. The investments made under this scheme has a lock-in period of 3 years.

Asset Allocation

Features

• The scheme category is Equity-linked savings scheme (ELSS)
• The objective is to achieve long term capital return by investing in securities of companies in the S&P BSE 200 index
• There is a lock-in period of 3 years
• The Benchmark for this scheme is S&P BSE Sensex Total Return Index
• No entry or exit load
• The minimum application amount is Rs 500 and multiples of 500
• The minimum additional investment amount is Rs 500 and in multiples of the same after that
• The minimum redemption or repurchase amount is Rs 500 or 50 units
• The redemption can be made only after the lock-in period
• The scheme has two plans. Regular and Direct

Investment Securities

Under this scheme, the investors can invest in the below-listed securities

• Equity and equity related securities.
• Money market instruments.
• Government securities.
• Any other securities as permitted by SEBI
• Commercial papers
• Commercial Bills
• Certificates Of Deposits

Eligibility

• Resident Adult Individuals can invest either single or jointly
• Hindu Undivided Family (HUF)
• Companies and societies as registered under the society’s registration act 1860
• Banks and other Financial institutions as permitted by RBI
• Mutual Funds registered with SEBI
• Body of individuals, public sector undertakings etc
• Minors with parent or legal guardian
• Partnership Firms including Limited liability partnerships
• Association Of Persons
• Foreign Portfolio Investors
• Army, Air Force, Navy and other bodies created by such institutions
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission
• AMC, Trustees, or their associates.
• Charitable Trusts
• NRI’s
• Foreign Institutional Investors as registered with SEBI

Quantum Equity Funds Of Funds

This is an open ended scheme, which allows to invest in open ended diversified equity schemes of mutual funds registered under SEBI. Those investors who seek long term capital gain can invest in this fund. The risk factor is moderately high for this fund.

Asset Allocation

Features

• The scheme invest in equity schemes of mutual funds registered under SEBI
• The scheme category is fund of funds – Domestic
• The investment objective is to generate long term capital gain by investing in equity mutual fund schemes
• The benchmark is the S&P BSE200 -Total Return Index
• Entry load is not applicable
• If the units are redeemed on or before a year, then the exit load will be 1.5%
• As per SEBI, up to Rs 50000 cash transactions can be accepted
• The scheme offers two plans, regular and direct
• The minimum application amount is Rs 500 and in multiples of Rs 1 thereafter
• The minimum additional amount is Rs 500 and in multiples of Re 1 or 50 units
• The minimum redemption is Rs 500 or 50 units or in multiples of Re 1

Investment Securities

• Open-ended diversified equity schemes of mutual funds which are registered under SEBI
• Money market instruments
• Liquid schemes of mutual funds
• Government securities having a maturity of one year
• Any other securities as permitted by SEBI
• Commercial papers
• Commercial Bills
• Certificates Of Deposits
• AMC regulated schemes such as short term deposits in commercial banks according to SEBI guidelines

Eligibility

• Resident Adult Individuals can invest either single or jointly
• Hindu Undivided Family (HUF)
• Companies and societies as registered under the society’s registration act 1860
• Banks and other Financial institutions as permitted by RBI
• Mutual Funds registered with SEBI
• Body of individuals, public sector undertakings etc
• Minors with parent or legal guardian
• Partnership Firms including Limited liability partnerships
• Association Of Persons
• Foreign Portfolio Investors
• Army, Air Force, Navy and other bodies created by such institutions
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission
• AMC, Trustees, or their associates.
• Charitable Trusts
• NRI’s
• Foreign Institutional Investors as registered with SEBI

Quantum Equity Funds Of Funds

This is an open ended scheme, which allows to invest in open ended diversified equity schemes of mutual funds registered under SEBI. Those investors who seek long term capital gain can invest in this fund. The risk factor is moderately high for this fund.

Asset Allocation

Features

• The scheme invest in equity schemes of mutual funds registered under SEBI
• The scheme category is fund of funds – Domestic
• The investment objective is to generate long term capital gain by investing in equity mutual fund schemes
• The benchmark is the S&P BSE200 -Total Return Index
• Entry load is not applicable
• If the units are redeemed on or before a year, then the exit load will be 1.5%
• As per SEBI, up to Rs 50000 cash transactions can be accepted
• The scheme offers two plans, regular and direct
• The minimum application amount is Rs 500 and in multiples of Rs 1 thereafter
• The minimum additional amount is Rs 500 and in multiples of Re 1 or 50 units
• The minimum redemption is Rs 500 or 50 units or in multiples of Re 1

Investment Securities

The units can be invested in the below-listed securities.

• Open-ended diversified equity schemes of mutual funds which are registered under SEBI
• Money market instruments
• Liquid schemes of mutual funds
• Government securities having a maturity of one year
• Any other securities as permitted by SEBI
• Commercial papers
• Commercial Bills
• Certificates Of Deposits
• AMC regulated schemes such as short term deposits in commercial banks according to SEBI guidelines

Eligibility

• Companies and societies as registered under the society’s registration act 1860
• Resident Adult Individuals can invest either single or jointly
• Hindu Undivided Family (HUF)
• Banks and other Financial institutions as permitted by RBI
• Foreign Portfolio Investors
• Army, Air Force, Navy and other bodies created by such institutions
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission
• AMC, Trustees, or their associates
• Mutual Funds registered with SEBI
• Body of individuals, public sector undertakings etc
• Minors with parent or legal guardian
• Partnership Firms including Limited liability partnerships
• Association Of Persons
• NRI’s
• Foreign Institutional Investors as registered with SEBI
• Charitable Trusts

Quantum Nifty ETF

This is an open-ended scheme tracking Nifty 50 index. Investors who seek long term capital gain can opt for this fund. Under this scheme, the units will be invested in equity and equity-related securities of those companies in the Nifty 50 index. The risk factor is moderately high for this scheme.

Asset Allocation

Features

• This open ended scheme is listed on the NSE in the form of Exchange-traded fund which replicates Nifty 50 index
• The scheme category is an exchange-traded fund
• The investment objective is to invest in those equity securities of the companies under Nifty 50 index
• The benchmark is the Nifty 50 Total Return Index
• No entry load and exit load applicable
• Cash investments up to Rs 50000 can be accepted as per SEBI circulars
• The number of units issued under this scheme will be as equal to 1/10th of the Nifty 50 Index price

Investment Securities

The units can be invested in the below- listed securities.

• Equity securities under the Nifty 50 index
• Money market instruments
• Treasury Bills
• Call or notice money
• Liquid schemes of mutual funds
• Government securities having a maturity of one year
• Any other securities as permitted by SEBI / RBI
• Certificates Of Deposits
• Commercial papers
• Commercial Bills
• Derivative instruments

Eligibility

• Companies and societies as registered under the society’s registration act 1860
• Hindu Undivided Family (HUF)
• Banks and other Financial institutions as permitted by RBI
• Foreign Portfolio Investors
• Army, Air Force, Navy and other bodies created by such institutions
• Resident Adult Individuals can invest either single or jointly
• Body of individuals, public sector undertakings etc
• NRI’s
• Charitable Trusts
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission
• AMC, Trustees, or their associates
• Mutual Funds registered with SEBI
• Minors with parent or legal guardian
• Partnership Firms including Limited liability partnerships
• Association Of Persons
• Foreign Institutional Investors as registered with SEBI

Quantum India ESG Equity Fund

Under this is open-ended scheme the units will be invested in those companies following Environmental, social, and governance theme. The face value per unit is Rs 10. Those who are seeking long term capital gain can invest in this scheme. The risk degree is high for this scheme.

Asset Allocation

Features

• The scheme category is thematic scheme
• The investment objective is to get long term capital gain by investing in companies following ESG
• The benchmark is Nifty 100 ESG Total Return Index
• The entry load is nil. If redeemed on or before a year its 1%
• Up to Rs 50000 cash transactions are accepted as per SEBI
• The minimum application amount is Rs 500 and multiples of Rs 1 after that
• The minimum additional amount is Rs 500 and in multiples of Re 1 for every addition
• The minimum redemption amount is Rs 500 or 50 units

Investment Securities

The scheme will invest in the below-listed securities

• Equity and equity-related instruments
• Money market instruments
• Treasury Bills
• Call or notice money
• Certificates Of Deposits
• Commercial papers
• Commercial Bills
• Liquid schemes of mutual funds
• Government securities having a maturity of one year
• Any other securities as permitted by SEBI / RBI

Eligibility

• Hindu Undivided Family (HUF)
• Banks and other Financial institutions as permitted by RBI
• Foreign Portfolio Investors
• Army, Air Force, Navy and other bodies created by such institutions
• Resident Adult Individuals can invest either single or jointly
• Body of individuals, public sector undertakings etc
• Companies and societies as registered under the society’s registration act 1860
• Charitable Trusts
• AMC, Trustees, or their associates
• Minors with a parent or legal guardian
• Partnership Firms including Limited liability partnerships
• Association Of Persons
• Foreign Institutional Investors as registered with SEBI
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission.
• Mutual Funds registered with SEBI
• NRI’s

If the investor wants to get regular income without taking high risk, then they can invest in debt securities. Compared to equity, debt funds are considered safe. The different debt funds available with Quantum mutual funds are

Quantum Liquid Fund

This scheme is an open-ended liquid scheme. Those who want an income over a short period of time can invest in this scheme. The investments will be made predominantly in debt and money market instruments. The risk factor is low for this scheme.

Asset Allocation

Features

• The scheme category is liquid fund
• The investment objective is to give good returns by investing in debt and money market instruments
• The benchmark is CRISIL Liquid Fund Index
• The minimum application amount is Rs 5000 and in multiples of Rs 1 after that
• The minimum additional investment amount for the existing investor is Rs 500 and in multiples of Rs 1 thereafter
• The minimum redemption amount is Rs 500 or 50 units
• No exit load and entry load is applicable
• Cash transactions up to Rs 50000 can be accepted

Investment Securities

• Debt and money market securities
• Securities issued by Central and State government
• Securities guaranteed by central and state government
• Commercial papers
• Certificate of Deposits
• Corporate Debt securities
• Securitized debt instruments
• Debt obligation of financial institutions and banks
• MIBOR related instruments
• The non-convertible part of convertible securities
• Trade/commercial bills accepted by banks
• Fully convertible currencies as permitted by SEBI
• Collateralised Borrowing and Lending Obligations
• Derivative instruments as permitted by SEBI.

Eligibility

• Hindu Undivided Family (HUF)
• Banks and other Financial institutions as permitted by RBI
• Companies and societies as registered under the society’s registration act 1860.
• Charitable Trusts
• AMC, Trustees, or their associates
• Minors with a parent or legal guardian
• Partnership Firms including Limited liability partnerships
• Foreign Institutional Investors as registered with SEBI
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission
• Mutual Funds registered with SEBI
• NRI’s
• Foreign Portfolio Investors
• Army, Air Force, Navy and other bodies created by such institutions
• Resident Adult Individuals can invest either single or jointly
• Body of individuals, public sector undertakings etc
• Association Of Persons

Quantum Dynamic Bond Fund

This scheme is an open-ended debt scheme investing across duration. Under this scheme, the investors can generate regular income over a short period of time. The investments will be made in debt securities, money market instruments and government securities. The risk factor is moderate for this scheme.

Asset Allocation

Features

• The scheme category is Dynamic Bond Fund
• The investment objective is to generate capital gains by investing in short term debt instruments
• The benchmark is CRISIL Composite Bond Fund Index
• No entry or exit load applicable
• Up to Rs 50000 cash transactions can be accepted
• The minimum application amount is Rs 500 and in multiples of Rs 1 for every addition
• The minimum application amount for existing investors is Rs 500
• The minimum redemption amount is Rs 500 or account balance

Investment Securities

• Debt and money market securities
• Securities issued by Central and State government
• Securities guaranteed by central and state government
• Commercial papers
• Certificate of Deposits
• The non-convertible part of convertible securities
• Debentures
• Collateralised Borrowing and Lending Obligations

Eligibility

• Banks and other Financial institutions as permitted by RBI
• Companies and societies as registered under the society’s registration act 1860
• AMC, Trustees, or their associates
• Minors with a parent or legal guardian
• Partnership Firms including Limited liability partnerships
• NRI’s
• Hindu Undivided Family (HUF)
• Charitable Trusts
• Foreign Institutional Investors as registered with SEBI
• Mutual Funds registered with SEBI
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission
• Army, Air Force, Navy and other bodies created by such institutions
• Resident Adult Individuals can invest either single or jointly
• Body of individuals, public sector undertakings etc
• Association Of Persons
• Foreign Portfolio Investors

There are two types of Gold funds available with Quantum mutual funds.

Principal Short Term Debt Fund Growth

This scheme is mainly for investors who seek long term returns. Under this scheme, investments are made in those funds whose underlying investment is physical gold. The risk factor is moderately high for this scheme.

Asset Allocation

Features

• The scheme category is a fund of the fund - domestic
• The investment objective is to get capital gain from investing in Quantum gold fund
• The benchmark is Domestic price of physical gold
• Up to Rs 50000 cash transactions are accepted as per SEBI
• The minimum application amount is Rs 500 and in multiples of Rs 1 for every addition
• The minimum additional amount is Rs 500 and in multiples of Rs 1 for every addition
• No exit load and entry load
• The minimum redemption amount is Rs 500 or account balance whichever is less

Investment Securities

• The scheme will be investing in debt securities and money market instruments
• Purchase of units of Quantum Gold Fund
• Securities listed with various stock exchanges recognized by SEBI
• The AMC may invest in short term deposits of scheduled commercial banks

Eligibility

• Banks and other Financial institutions as permitted by RBI
• AMC, Trustees, or their associates
• Minors with a parent or legal guardian
• Partnership Firms including Limited liability partnerships
• NRI’s
• Army, Air Force, Navy and other bodies created by such institutions
• Resident Adult Individuals can invest either single or jointly
• Body of individuals, public sector undertakings etc
• Association Of Persons
• Foreign Portfolio Investors
• Companies and societies as registered under the society’s registration act 1860
• Hindu Undivided Family (HUF)
• Charitable Trusts
• Foreign Institutional Investors as registered with SEBI
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission.
• Mutual Funds registered with SEBI

Quantum Gold Fund ETF

This open-ended scheme allows investors to invest in physical gold. Investors who seek long term returns can invest in this scheme. The risk degree is moderately high for this scheme.

Asset Allocation

Features

• The scheme category is the Exchange Traded Fund
• The investment objective is to provide a good income by investing in gold
• The benchmark is Domestic Price of Physical Gold
• No entry or exit load
• Cash transaction up to Rs 50000 can be accepted as per SEBI

Investment Securities

• Gold or gold-related derivative instruments, if permitted by SEBI.
• Money market instruments up to 5 % of the nett asset value
• Other stock exchanges recognized by SEBI
• CBLO

Eligibility

• Hindu Undivided Family (HUF)
• Charitable Trusts
• Partnership Firms including Limited liability partnerships
• NRI’s
• Body of individuals, public sector undertakings etc.
• Association Of Persons
• Foreign Portfolio Investors
• Companies and societies as registered under the society’s registration act 1860
• Foreign Institutional Investors as registered with SEBI
• Mutual Funds registered with SEBI
• Banks and other Financial institutions as permitted by RBI
• AMC, Trustees, or their associates.
• Minors with a parent or legal guardian
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission.
• Army, Air Force, Navy and other bodies created by such institutions.
• Resident Adult Individuals can invest either single or jointly.

Under this scheme, investments will be made in schemes of Quantum mutual funds. Investors who seek regular income and long term capital gain can select this fund. The investments will be made in equity, debt, money market instruments, and gold. The risk factor is moderately high for this scheme.

Asset Allocation

Features

• The scheme category is a fund of funds - domestic
• The benchmark is CRISIL Composite Bond Fund Index (40%) + S&P BSE Sensex Total Return Index (40%) + Domestic price of Gold (20%)
• The minimum amount is Rs 500 and multiples of Rs 1 thereafter.
• The minimum additional amount is Rs 500 and multiples of Rs 1 after that
• Up to Rs 50000 cash transactions can be accepted as per SEBI
• On or before 90 days from the date of allotment 1% is redeemed

Investment Securities

• Equity and equity-related securities
• Debt and money market instruments
• Short term deposits in scheduled commercial banks

Eligibility

• Hindu Undivided Family (HUF)
• Body of individuals, public sector undertakings etc.
• Companies and societies as registered under the society’s registration act 1860
• Foreign Institutional Investors as registered with SEBI
• Mutual Funds registered with SEBI
• Minors with a parent or legal guardian
• Multilateral funding agencies, scientific and industrial research, and other bodies functioning outside India with the Government Of India/ RBI permission
• Army, Air Force, Navy and other bodies created by such institutions.
• Resident Adult Individuals can invest either single or jointly
• Partnership Firms including Limited liability partnerships.
• Association Of Persons
• Foreign Portfolio Investors
• Banks and other Financial institutions as permitted by RBI
• AMC, Trustees, or their associates
• Charitable Trusts
• NRI’s

1. What does the term benchmark mean in Quantum Mutual Funds?

A benchmark is an unmanaged group of securities by which the investors can measure the performance of a company’s stock or funds.

2. How to apply for Quantum Mutual funds?

You can apply via online or by walking to a branch of Principal mutual funds.

3. How is the NAV calculated?

The NAV is calculated as the current value of the total assets less the liability total value divided by the total outstanding units.

4. What are the documents needed for investing in a Quantum mutual fund?

• ID proof
• Address proof
• KYC documents
• Passport size photo

5. What is Asset under management (AUM)?

The AUM helps to measure the total market value of the investments that are managed by mutual funds, hedge funds, or portfolio manager.