Quantum Nifty 50 exchange traded fund (ETF) is now open for accepting applications.
- This mutual fund scheme is an open-ended fund of fund (FoF) investing in units of Quantum Nifty 50 exchange traded fund (ETF).
- NFO Period – From 18-July-2022 to 1-Aug-2022.
- Investment objective of the scheme is to provide capital appreciation by investing in the units of Quantum Nifty 50 ETF. This FoF offers exposure to India’s top 50 blue chip companies, which are a part of the Nifty 50 index. This fund’s holdings will consist of large cap companies and a unit of this scheme approximately will represent one-tenth of the Nifty 50 index. This investment strategy of the fund also provides benefits such as low expenses and market-linked returns.
- Minimum Investment – Rs. 500/-
- Category – Equity
- Entry load – Not applicable.
- Exit load – Nil.
- Riskometer – Very High.
Disclaimer: Mutual fund investments are subject to market risks, read all scheme related documents carefully.
