Quantum Mutual Fund was established in 2006 as India’s first direct-to-investor mutual fund house. The path that we have chosen to walk is quite unique in its own way, as our driving focus has always been on doing what’s right for the investor while keeping costs low.At present, the company provides a variety of products, which are being increased by a number of new financial tools working for investors benefit. The objective of the company is to offer investors with an organized process of investment so that they can make use of their long-term capital gains across several asset classes. Instead of sticking to a commission paying style, it works with a distinct approach. The company has recently launched a non-commission style of the process with an intention to bring a lot more clarity and transparency in terms of functioning. Hence, the need for getting distributors has automatically precluded.
Here are the types of mutual funds offered –
Fund of Funds:
This scheme will be an open-ended equity scheme focusing on long-term capital gains through investments in the portfolio of diversified equity schemes. This type of scheme is well suited for investors with a high-risk appetite.
Exchanged Traded Funds:
These are index funds, which are often traded on exchanges. An ETF has some fundamental securities and this type of fund is found to be more beneficial for people who are having a high-risk appetite.
ELSS:
ELSS or equity-linked saving scheme has a lock-in period of about three years. Further, they are qualified for tax exemption under the section 80C of Income Tax Act. The scheme makes an investment in the equity-related securities.
Liquid Funds:
Liquid funds are either invested in the debt instruments or even the money market with a residual maturity period of 90 days. Though it possesses a high liquidity, the scheme is bestowed with a number of risks ranging from low to moderate levels. This scheme is apt for those who own a low-risk appetite.