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
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