Quantum Asset Management Company (AMC) has officially launched the Quantum Multi Asset Allocation Fund, with the New Fund Offer (NFO) opening for subscription from February 19, 2024, to March 1, 2024. This open-ended equity scheme is designed to invest in a diversified portfolio of Equity, Debt, and Gold instruments, offering investors an alternative to traditional investments such as Fixed Deposits (FDs) with enhanced tax efficiency and potential inflation resilience.
Key Highlights:
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Investment Diversification: The Quantum Multi Asset Allocation Fund aims to generate long-term capital appreciation and income by investing in a diversified portfolio of Equity & Equity Related Instruments, Debt & Money Market Instruments, and Gold Related Instruments.
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Management Team: The fund will be co-managed by Chirag Mehta, Chief Investment Officer, and Pankaj Pathak, Fund Manager - Fixed Income, both from Quantum AMC.
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Benchmark and Allocation: The scheme will be benchmarked against NIFTY 50 TRI (40%) + CRISIL Short Term Bond Fund AII Index (45%) + Domestic Price of Gold (15%). The allocation includes Equity & Equity Related Instruments (35-65%), Debt & Money Market Instruments (25-55%), and Gold Related Instruments (10-20%).
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Investment Options: Investors can opt for either the Direct Plan or Regular Plan, with a minimum lump sum investment of ₹500 and subsequent investments in multiples of Re. 1. Additionally, the Systematic Investment Plan (SIP) route is available with a minimum investment of Rs. 100 (Daily) & Rs. 500 for other frequencies (Weekly, Fortnightly, Monthly & Quarterly).
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Investment Strategy: The fund's portfolio allocation between equity, debt/money markets, and gold will depend on relative valuations determined by factors such as Price/Earnings Ratio, Earnings Yield to Bond Yield, and macroeconomic indicators.
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Expert Insights: Chirag Mehta, Chief Investment Officer at Quantum AMC, highlighted the fund's potential to provide first-time investors with a measured approach to equity markets, offering diversification from gold and debt for a rewarding and smoother investment experience. Pankaj Pathak, Sr. Fund Manager, emphasized the fund's aim to provide an alternative to fixed deposits, potentially offering better long-term returns and simplified investment decisions.
About Quantum AMC:
Established in 2006, Quantum Mutual Fund follows a partnership culture, aiming to spread the goodness of investing with simplicity, transparency, and integrity. The fund offers 13 simple and easy-to-understand products to convert savings into wealth, providing dependable service and risk-adjusted returns through disciplined research and investment processes.
Disclaimer and Risk Factors:
The views expressed in this article are for general information only and do not constitute any guidelines or recommendations. Quantum AMC does not guarantee or offer any indicative yield on investments. Investors should rely on their investigations and seek independent professional advice before making any investments. Mutual Fund investments are subject to market risks; readers are advised to read all scheme-related documents carefully.
