Quantum Mutual Fund recently introduced the Quantum Multi Asset Allocation Fund, an open-ended scheme designed for investors seeking long-term capital appreciation and current income. This unique mutual fund scheme provides a diversified portfolio by investing in equity and equity-related instruments, debt and money market instruments, and gold-related instruments.
The main objective of this fund is to generate long-term capital appreciation by investing in multiple asset classes, including equity, debt, commodity ETFs and exchange-traded commodity derivatives, and overseas securities. By diversifying across various asset classes, the fund aims to provide investors with potentially better returns over time compared to traditional fixed deposits.
Chirag Mehta, Chief Investment Officer at Quantum AMC, emphasized that this fund offers first-time investors a measured approach to equity markets while providing diversification from gold and debt. This approach aims to provide a rewarding and relatively smoother investment experience.
Investors can enter this scheme with a minimum investment of ₹500 per plan/option in multiples of Re 1, with no upper limit for investment. The scheme’s asset allocation, under normal circumstances, will be divided as follows: 35-65% in equity and equity-related instruments (very high risk), 25-55% in debt and money market instruments (low to moderately high risk), and 10-20% in gold-related instruments (medium to high risk).
To benchmark its performance, the scheme will be compared against NIFTY 50 TRI (40%), CRISIL Short Term Bond Fund AII Index (45%), and Domestic Price of Gold (15%). This benchmark reflects the fund’s asset allocation and facilitates performance comparison.
There are no entry loads for this scheme, allowing investors to invest without any initial charges. However, an exit load will be applied if units are redeemed or switched out within 90 days from the date of allotment (1.00% charge). After 90 days, no exit load will be imposed.
The Quantum Multi Asset Allocation Fund will be co-managed by Chirag Mehta, Chief Investment Officer, and Pankaj Pathak, Fund Manager – Fixed Income, at Quantum AMC. It is important to note that this scheme involves “Very High Risk,” and investors should carefully consider their risk tolerance before investing. Consulting with a financial advisor is recommended to determine if this fund is suitable for individual investment goals.
Quantum Multi Asset Allocation Fund – FAQ
1. What is the Quantum Multi Asset Allocation Fund?
The Quantum Multi Asset Allocation Fund is an open-ended mutual fund scheme designed for investors seeking long-term capital appreciation and current income. It provides a diversified portfolio by investing in equity and equity-related instruments, debt and money market instruments, and gold-related instruments.
2. What is the main objective of the fund?
The main objective of this fund is to generate long-term capital appreciation by investing in multiple asset classes, including equity, debt, commodity ETFs and exchange-traded commodity derivatives, and overseas securities. The fund aims to provide potentially better returns over time compared to traditional fixed deposits.
3. Who is Chirag Mehta and what is his role in the fund?
Chirag Mehta is the Chief Investment Officer at Quantum AMC. He emphasized that this fund offers first-time investors a measured approach to equity markets while providing diversification from gold and debt.
4. What is the minimum investment requirement?
Investors can enter this scheme with a minimum investment of ₹500 per plan/option in multiples of Re 1, with no upper limit for investment.
5. How is the scheme’s asset allocation divided?
Under normal circumstances, the scheme’s asset allocation is divided as follows: 35-65% in equity and equity-related instruments (very high risk), 25-55% in debt and money market instruments (low to moderately high risk), and 10-20% in gold-related instruments (medium to high risk).
6. What benchmarks will be used to evaluate the fund’s performance?
The scheme will be compared against NIFTY 50 TRI (40%), CRISIL Short Term Bond Fund AII Index (45%), and Domestic Price of Gold (15%) to benchmark its performance. These benchmarks reflect the fund’s asset allocation and facilitate performance comparison.
7. Are there any charges for investing in the fund?
There are no entry loads for this scheme, allowing investors to invest without any initial charges. However, an exit load of 1.00% will be imposed if units are redeemed or switched out within 90 days from the date of allotment. After 90 days, no exit load will be imposed.
8. Who are the fund managers of the Quantum Multi Asset Allocation Fund?
The fund will be co-managed by Chirag Mehta, Chief Investment Officer, and Pankaj Pathak, Fund Manager – Fixed Income, at Quantum AMC.
9. What is the risk level associated with this fund?
This scheme involves “Very High Risk,” and investors should carefully consider their risk tolerance before investing. Consulting with a financial advisor is recommended to determine if this fund is suitable for individual investment goals.
For more information, visit the Quantum AMC website.
The source of the article is from the blog guambia.com.uy