Incorporated in the midst of the Global Financial Crisis, Quantum Mutual Fund has been in existence for approximately two decades now.
The AMC offers a variety of mutual fund schemes, including equity funds, debt funds, and hybrid funds. Quantum Mutual Fund is known for its focus on active management and its commitment to providing investors with high-quality investment products.
Quantum Nifty 50 ETF Fund of Fund
Investment Objective
The primary investment objective of the Scheme is to provide capital appreciation by investing in units of Quantum Nifty 50 ETF – Replicating / Tracking Nifty 50 Index.
Quantum Nifty 50 ETF Fund of Fund – Direct Plan is mandated to always invest at least 80 percent of its assets in large-cap stocks. Being a fund of funds, it invests its assets in a set of mutual fund schemes instead of the underlying securities directly.
Portfolio Composition
The portfolio is biased towards large-cap stocks, with 99.65% of the funds allocated to large-cap stocks and the remaining 0.35% to mid-cap stocks.
Significant sectoral exposure is to Financials, which accounts for more than one-third of the portfolio. The top five sectors hold more than 75% of the portfolio.
Source: quantumamc.com and Value Research
Top Holdings for Quantum Nifty 50 ETF Fund of Fund
| Name | Weightage % |
| Quantum Nifty 50 ETF | 99.97 |
| Tri-party repo (TREP’s) | 0.03 |
| Others | 0.00 |
Source: quantumamc.com
Performance for Quantum Nifty 50 ETF Fund of Fund
| Particulars | Since Inception | 1 Year |
| Scheme (₹) | 10.95 | 9.46 |
| Nifty 50-TRI (Benchmark) | 11.23 | 10.98 |
| S&P BSE Sensex TRI (Additional Benchmark) | 11.91 | 11.74 |
Source: quantumamc.com
Fund Manager
The scheme is managed by Mr. Hitendra Parekh who has work experience of 29.5 years. He has been managing this fund since August 5th,2022.
Who should invest in Quantum Nifty 50 ETF Fund of Fund?
The fund is suitable for investors who are seeking.
- Long-term capital appreciation.
- An investment opportunity that invests primarily in units of Quantum Nifty 50 ETF – Exchange Traded Fund.
Why invest in this Fund?
- The fund is a first-of-its-kind Nifty 50 ETF wrapper fund.
- It can identify low-tracking errors of underlying funds.
- No Demat account is required.
- The fund offers investors an opportunity to diversify their portfolio across top Nifty 50 in different sectors.
- It gives the opportunity to start an investment with as low as ₹500.
Time Horizon
- One should look at investing for at least five years or even more.
- Investment through a Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.
Conclusion
The Quantum Nifty 50 ETF Fund of Fund is an open-ended fund that allows investors to invest in units of Quantum Nifty 50 ETF. It’s been just a year since this fund was launched.
Thus, it will be important to monitor how the fund performs in the upcoming future.
Disclaimer
This is not recommendation advice. All information in this blog is for educational purposes only.
