Quantum Mutual Fund introduces Multi Asset Allocation Fund
Quantum Mutual Fund has launched Quantum Multi Asset Allocation Fund, an Open-Ended Scheme Investing in Equity & Equity Related Instruments, Debt & Money Market Instruments and Gold Related Instruments. The NFO opens for subscription on February 19, 2024 and closes on March 01, 2024. The Entry load is nil for the scheme. The Exit load will be 1.00% if redeemed or switch out on or before 90 days from the date of allotment of units and nil if redeemed or switch out after 90 days from the date of allotment of units. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.
The performance of the Scheme is measured against NIFTY 50 TRI (40%), CRISIL Short Term Bond Fund AII Index (45%), Domestic Price of Gold (15%) and its fund managers are Chirag Mehta and Pankaj Pathak.
The investment objective of the Scheme is to generate long term capital appreciation / income by investing in Diversified portfolio of Equity & Equity Related Instruments, Debt & Money Market Instruments and Gold Related Instruments.
