NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Quantum Equity Fund of Funds Plan Growth Option for NRI [83.35]

Min Investment

500

Fund Size

128.11 Cr

Expense Ratio

0.8%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

83.35

0.02%

NAV as on 09 Dec 24, 12:00 AM

very high risk

fund of funds

fof

NAV as on 09 Dec 24, 12:00 AM

very high risk

fund of funds

fof

27.78%p.a.

Last 1Y

15.27%p.a.

Last 3Y

18.20%p.a.

Last 5Y

14.55%p.a.

Since Inception

About Quantum Equity Fund of Funds Plan Growth Option for NRIs

NRIs can achieve long-term capital appreciation by investing in the Quantum Equity Fund of Funds Plan Growth Option scheme from Quantum Asset Management Co Pvt. Ltd.. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Jul 2009, Quantum Equity Fund of Funds Plan Growth Option is Fund of Funds fund of its category with 128.11 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.

  • Quantum Equity Fund of Funds Plan Growth Option delivered 27.8% annual returns during the last year. It has delivered 14.6% average annual returns since the fund was launched.
  • Quantum Equity Fund of Funds Plan Growth Option scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

The investment objective of the scheme is to generate long-term capital appreciation by investing in a portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI. There can be no assurance of positive returns from following the stated investment strategy.

Top 8 Holdings

ICICI Pru Focused Equity Dir Gr

12.70%

Invesco India Contra Dir Gr

12.67%

Sundaram large and Mid Cap Dir Gr

12.64%

SBI Magnum Midcap Dir Gr

12.54%

360 ONE Focused Equity Dir Gr

12.34%

Mirae Asset Large Cap Dir Gr

12.27%

Canara Robeco Bluechip Equity Dir Gr

12.13%

Kotak Flexicap Dir Gr

11.96%

Fund Managers

  1. Chirag Mehta (Nov 2013 - Present)

Key Information

View Scheme Document

Quantum Equity Fund of Funds Plan Growth Option SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Quantum Equity Fund of Funds Plan Growth Option

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Quantum Equity Fund of Funds Plan Growth Option?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Quantum Equity Fund of Funds Plan Growth Option
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions