scorecardresearchQuantum Mutual Fund launches Quantum Nifty 50 ETF Fund of Fund; All you need to know

Quantum Mutual Fund launches Quantum Nifty 50 ETF Fund of Fund; All you need to know

Updated: 18 Jul 2022, 03:58 PM IST
TL;DR.
Quantum Nifty 50 ETF Fund of Fund is India’s first-of-its-kind Nifty 50 ETF Fund of Fund. The NFO opened today (July 18, 2022) and will close on August 1, 2022.
NFO is the process through which an AMC creates a new fund on a first-subscription basis to facilitate the purchase of securities.

NFO is the process through which an AMC creates a new fund on a first-subscription basis to facilitate the purchase of securities.