Quantum Equity Fund of Funds Regular Plan Growth Option

Quantum Equity Fund of Funds Regular Plan Growth Option is a hybrid fund. This fund was started on 20 July, 2009. The fund is managed by Chirag Mehta. This fund gives you the benefit of diversification.

1. Quantum Equity Fund of Funds Regular Plan Growth Option has ₹124 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.8.
   

Quantum Equity Fund of Funds Regular Plan Growth Option has given a CAGR return of 14.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.73%, 18.25% and 22.55% respectively.

Quantum Equity Fund of Funds Regular Plan Growth Option has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Basic Materials, Tech, Communication, Consumer Defensive, Energy, Government, Utilities, Real Estate, Corporate.

As it is a fund of funds 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 by investing in a portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI. There can be no assurance of positive returns from following the stated investment strategy.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Quantum Equity Fund of Funds Regular Plan Growth Option has no lock in period.