Our Network Websites:      All India NewsTech Know Bits - Invest In IndiaIndia - Food And Travel GuideHowTo For IndiaCars Of India

Quantum Index Fund (QIF)

Not sure which stock to buy? Unsure about which mutual fund will beat the market? Don’t worry. Take the simpler and cost-effective route. Opt for an Index ETF.

(An open-ended Exchange Traded Fund)

NFO open from 9th June 2008 to 20th June 2008

» No entry loads
Investors in the QIF do not need to pay any entry loads.

» Mirror of Nifty Index (Invest in India – Invest in NIFTY)
QIF is an ETF based on the S&P CNX Nifty (Nifty) Index, a well diversified index of 50 stocks accounting for 21 sectors of the economy. The Nifty is an ideal investment for any investor looking to invest in the India growth story.

» Low investment with diversification
By investing in QIF you can own the NSE Index for as low as Rs. 520* and diversify your exposure.

» Simple way of investing and trading
The QIF trades like a stock. It can be bought and sold on the NSE like a share.

» Faster Realisations
The QIF allows for liquidation of a position faster than an open ended mutual fund.

» Low Expenses
The QIF seeks to offer investors an innovative and cost-efficient way to invest in the Nifty. Through lower costs of operations, the QIF provides investors an excellent means of asset allocation. In QIF, the investment management fees are 0.25% and the total estimated expense ratio is 0.75% per annum, one of the lowest in India.

* Each unit of the Quantum Index Fund will be approximately equal to 1/10th (one tenth) of the S&P CNX Nifty at Index value of 5165.90 (as on 30th April 2008)

For more information on the QIF and for application forms, please visit http://www.quantumamc.com/schemes/qif.html

About

Tushar’s main goal is to spot good news-worthy info and get it out to the public as soon as possible. He has been writing about Personal Finance and Investing in India for the last 3 years. You can reach him at: [email protected]


Both comments and pings are currently closed.

Comments are closed.