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

INVEST VIA NRE/NRO

Quantum Nifty 50 ETF Fund of Fund Growth for NRI [14.39]

Min Investment

500

Fund Size

23.33 Cr

Expense Ratio

0.2%

Exit Load

0%

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

14.39

-0.23%

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

18.16%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

15.97%p.a.

Since Inception

About Quantum Nifty 50 ETF Fund of Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Quantum Nifty 50 ETF Fund of Fund Growth 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 Aug 2022, Quantum Nifty 50 ETF Fund of Fund Growth is Fund of Funds fund of its category with 23.33 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 Nifty 50 ETF Fund of Fund Growth delivered 18.2% annual returns during the last year. It has delivered 16.0% average annual returns since the fund was launched.
  • Quantum Nifty 50 ETF Fund of Fund Growth 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 provide capital appreciation by investing in units of Quantum Nifty 50 ETF - Replicating / Tracking Nifty 50 Index. There is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Top 1 Holdings

Quantum Nifty 50 ETF

99.91%

Fund Managers

  1. Hitendra Parekh (Aug 2022 - Present)

Key Information

View Scheme Document

Quantum Nifty 50 ETF Fund of Fund Growth 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 Nifty 50 ETF Fund of Fund Growth

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 Nifty 50 ETF Fund of Fund Growth?

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 Nifty 50 ETF Fund of Fund Growth
  • 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