Quantum Multi Asset Allocation Fund Direct Growth

Quantum Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 7 March, 2024. The fund is managed by Chirag Mehta. This fund gives you the benefit of diversification.

1. Quantum Multi Asset Allocation Fund Direct Growth has ₹35 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Quantum Multi Asset Allocation Fund Direct Growth has given a CAGR return of 13.29% since inception. Over the last 1 year the fund has given a CAGR return of 10.72%.

Quantum Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Tech, Consumer Cyclical, Basic Materials, Cash Equivalent, Utilities, Communication, Health, Consumer Defensive.

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Quantum Multi Asset Allocation Fund Direct Growth has no lock in period.