NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹73.04
0.88%
NAV as on 30 Apr 24, 12:00 AM
very high risk
fund of funds
fof
NAV as on 30 Apr 24, 12:00 AM
very high risk
fund of funds
fof
35.87%p.a.
Last 1Y
17.87%p.a.
Last 3Y
15.59%p.a.
Last 5Y
14.14%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 113.84 Cr fund under management as on Apr 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 35.9% annual returns during the last year. It has delivered 14.1% 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
SBI Magnum Midcap Dir Gr
12.60%
ICICI Pru Focused Equity Dir Gr
12.53%
Kotak Flexicap Dir Gr
12.37%
Canara Robeco Bluechip Equity Dir Gr
12.36%
Sundaram large and Mid Cap Dir Gr
12.15%
Mirae Asset Large Cap Dir Gr
12.15%
360 ONE Focused Equity Dir Gr
12.12%
Invesco India Contra Dir Gr
12.05%
Fund Managers
- Chirag Mehta (Nov 2013 - Present)
Key Information
View Scheme Document
Quantum Equity Fund of Funds Plan Growth Option SIP Calculator
If invested
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 Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% 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
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