Quantum India ESG Equity Fund
Quantum is India’s Premier Pan India Facility, Infrastructure and Software Services Company, managing different clients starting from private players to government bodies. Apart from that, it offers the best in class services across all industries and supported by the latest business practices. Quantum India ESG Equity Fund opened on June 21, 2019, and closes for July 5, 2019. Later, the scheme reopens for continuous sale and repurchase on July 19, 2019. This product is helpful for investors seeking long-term capital appreciation.
Coming to the investment, the aim of the scheme is to achieve long-term capital appreciation by investing in a share of companies that meets Quantum’s environment, social and Governance(ESG) criteria. And the type of scheme is opened ended equity scheme investing in companies following environment, social and Governance(ESG) Theme. It offers purchases and redemptions of units on all Business Days on an ongoing basis at NAV based prices, commencing not later than 5 (five) Business Days from the date of allotment of units under the Scheme. The benchmark of the Quantum is Nifty 100 ESG total return index.
Minimum Application Amount: Rs 500/- and multiples of Rs 1/- thereafter.
Minimum Additional Investment Amount: Rs. 500/- and multiples of Rs 1/- thereafter.
Minimum Redemption Amount: Rs 500/- and multiple of Rs 1/- thereafter or account balance whichever is less / 50 Units.
Fund has 78.68% investment in Indian stocks of which 57.7% is in large-cap stocks, 17.11% is in mid-cap stocks, 3.87% in small-cap stocks.
Expense ratio–0.82% as declared on the 31-Jul-2019 (category average is 1.39%)
Fund Size: 11.01 cr
Disclaimer: This post is only for knowing the information about the scheme. It does not give any advice or recommendations to investors. So, please read the offer documents carefully or consult your adviser before investing.