Quantum Equity Fund of Funds

Quantum Equity Fund of Funds is a fund that invests in units of other funds. This fund is managed by Arvind Chari. The fund’s performance has not deviated much from that of average returns from funds in the same category. Investing in a fund of funds is not a smart way of investing since returns of a fof can never beat that of the individual funds. 

Where does Quantum Equity Fund of Funds invest your money?

Quantum Equity Fund of Funds is a large and mid cap fund which means most of your money will be invested in stocks of large and medium sized companies. Large cap companies tend to be stable compared to mid cap and small cap companies. Quantum Equity Fund of Fund has 18% exposure to mid size companies and 3% exposure to small size companies.

Suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
Not suitable for?
  • Creating wealth
  • Lifestyle needs
  • Short term needs
Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
How has Quantum Equity Fund of Funds performed in the past?

If you had invested Rs 1 lakh when the fund was launched at Jul 2009, your value of investments would be around Rs 1.34 lakhs. The performance has been better or similar to other large cap mutual funds.

Assume you had invested Rs 10,000 every month in Quantum Equity Fund of Fund through SIP for the past 3 years today you would have around Rs 3.36 lakhs.

What charges apply?

If units are sold within a year an exit load of 1.5% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Quantum Equity Fund of Fund is 0.31%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

When to exit?

Withdraw when your goals are close to achievement. Do not remove the money when the markets go up or down. Do not panic. Stick to your goals.

What are the tax implications?

The returns in an equity mutual fund are absolutely tax free, provided you do not withdraw within 1 year. Quantum Equity Fund of Fund does not qualify for sec 80C ELSS benefits.

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