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Quantum Mutual Fund launches Quantum Nifty 50 ETF Fund of Fund

Jul 18, 2022 by News Team

NFO period: 18th July - 01st August, 2022

Highlights of the NFO:

  • Scheme type - An open ended fund of fund scheme investing in units of Quantum Nifty 50 ETF

  • Investment objective - The investment objective of the scheme is to provide capital appreciation by investing in units of Quantum Nifty 50 ETF - Replicating / Tracking Nifty 50 Index. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability - The product is suitable for investors who are seeking long term capital appreciation by investing in units of Quantum Nifty 50 ETF - Exchange Traded Fund.

  • Minimum Application Amount - First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having only Growth Option.

  • Fund Managers - Mr. Hitendra Parekh

  • Benchmark - NIFTY 50- Total Return Index

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