Flags off major South India investor meet to showcase Quantum Long Term Equity Fund - launched by India's 1st direct-to-investor mutual fund house
Mr. Ajit Dayal, Chairman & President, Quantum Mutual Fund - India’s first Direct-to-Investor mutual fund - has announced the launch of a major South India investor road trip. The ‘Path to Profit’ campaign will make investors aware of Quantum Mutual Fund’s research and investment philosophy and its flagship offering – the Quantum Long Term Equity Fund.
’Path to Profit’ is an initiative by Quantum Mutual Fund – India’s 1st direct-to-investor mutual fund - to reach out to existing and potential investors in a personal and interactive way. The road trip will cover 7 cities in South India, beginning with Bangalore, and then moving on to – Mysore, Coimbatore, Madurai, Salem, Pondicherry and Chennai. In each city, Ajit will address a group of investors and be available to answer any questions.
Commenting on the road trip, Ajit Dayal said, “For 15 years the mutual fund industry in India has been an Asset Gathering Industry. The recent SEBI ruling that banned front end loads has finally made it an Asset Management Industry. All the distributors, financial advisors, and mutual fund houses like Quantum who were working hard to protect the investors’ interest have reason to cheer.”
“Investing is a very simple business – it is made complicated by financial companies so that we can charge you more for all the complex language and packaging!”
While clocking 4,000 kilometers in their well-branded jalopy, Quantum will emphasize the long term investment philosophy of the Quantum Long Term Equity Fund and the need for investors to be disciplined and stick to simple products as they build their portfolio.
“The Quantum Long Term Equity Fund is ideal for investors who seek a fund that performs predictably across market cycles. While we have seen an encouraging response throughout the entire country, Bangalore – and South India - is home to a large number of our investors and well-wishers and is an important centre for us”, said Ajit Dayal with regards to the significance of Bangalore as a centre for the campaign.
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As it winds its way down the Deccan plateau, ‘Path to Profit’ offers investors a chance to meet and interact with Ajit Dayal and the Fund Managers at Quantum. After Bangalore, the Quantum team will drive to Mysore. “This is the start of a long journey”, said Ajit, “and we are hitting the Indian roads on rubber wheels – yet making sure that investors also have access to information about the Quantum Long Term Equity Fund on our web site, www.QuantumEquityDirect.com”
About Quantum Long Term Equity Fund (QLTEF):
Investment Objective: To achieve long-term capital appreciation by investing primarily in shares of large-cap and mid-cap companies that will typically be included in the BSE 200 Index and which are in a position to benefit from the anticipated growth and development of the Indian economy and its markets.
Asset Allocation: The Fund normally invests 65%-99% in Equity and Equity related securities, 1%-35% in money market instruments, 0% -3% in Unlisted Equity and Equity related securities, 0%-5% in units of liquid schemes of the Fund or of other mutual funds.
Team of Issue: Redemption and Load Structure: QLTEF is an open-ended Equity Scheme offering Growth and Dividend Plans. The units can be subscribed /redeemed at the applicable NAV, subject to applicable load, on all business days by visiting the website www.QuantumEquityDirect.com or www.QuantumMF.com .
Exit Load: On redemption/switch out within 6 months of allotment - 4%, after 6 months but within 12 months of allotment - 3%, after 12 months but within 18 months of allotment- 2%, after 18 months but within 24 months of allotment - 1%, after 24 months of allotment-Nil All exit loads collected are swept back for the benefit of long term investors who stay on in the Fund.
About Quantum Mutual Fund – www.QuantumAMC.com
Quantum Mutual Fund (QMF) was launched in 2006 as India’s first direct-to-investor mutual fund and currently manages 6 funds across Equity, Fixed Income and Gold. Quantum Advisors, the Sponsor, currently manages and advises on India-dedicated equity allocations for global endowments, pension funds and universities. Quantum was founded by Ajit Dayal in 1990.