Quantum Nifty 50 Index Fund of Fund – Quantum Mutual Fund files offer document with SEBI
Quantum Mutual Fund has filed offer document with SEBI to launch an open ended fund of fund scheme investing in Quantum Nifty ETF.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to provide capital appreciation by investing in units of Quantum Nifty ETF -Replicating / Tracking Nifty 50 Index
The fund manager for this scheme is Mr. Hitendra Parekh
This product is suitable for investors who are seeking Long term capital appreciation.
Investments in units of Quantum Nifty ETF – Exchange Traded Fund
The scheme asset allocation will be Units of Quantum Nifty ETF (95-100%)
Government Securities & Treasury Bill Maturity upto 91 days, Tri Party Repo and Liquid Schemes of Mutual Funds (0-5%)
The riskometer for this scheme is Very High
Also Read: Navi World Index Fund of Fund
| Name of Mutual Fund | Quantum Mutual Fund |
| Scheme Name | Quantum Nifty 50 Index Fund of Fund |
| About Scheme | An open ended fund of fund scheme investing in Quantum Nifty ETF |
| Offer of Unit | Rs.10 |
| Objective | to provide capital appreciation by investing in units of Quantum Nifty ETF -Replicating / Tracking Nifty 50 Index |
| Name of Fund Manager | Mr. Hitendra Parekh |
| This product is suitable for investors who are seeking | Long term capital appreciation. Investments in units of Quantum Nifty ETF – Exchange Traded Fund |
| The scheme asset allocation will be | Units of Quantum Nifty ETF (95-100%) Government Securities & Treasury Bill Maturity upto 91 days, Tri Party Repo and Liquid Schemes of Mutual Funds (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |
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