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<p>Quantum Mutual Fund has announced the launch of Quantum Nifty 50 ETF Fund of Fund. It is an open-ended fund of fund (FoF) scheme investing in units of Quantum Nifty 50 ETF. The scheme is India’s first of its kind Nifty 50 ETF Fund of Fund.</p>

<p>The New Fund Offer (NFO) opened today (July 18, 2022) and will close on August 1, 2022. The scheme will re-open for subscription and redemption on an ongoing basis from August 10, 2022.</p>

<p>Before we proceed, let us first deconstruct the concept of a new fund offer and fund of funds.</p>

<h3>New Fund Offer</h3><p>A New Fund Offer (NFO) is the process through which an asset management company (AMC) creates a new fund on a first-subscription basis to facilitate the purchase of securities.</p>

<p>The fund house collects funds from the general public through an NFO in order to buy securities such as equity shares, bonds, and other financial instruments on the market. As a newcomer to the market, NFO is less expensive than the current funds.</p>

<h3>Fund of Funds</h3><p>A Fund of Funds (FoF) is a pool of funds brought together to invest in other funds, generally mutual and hedge funds, rather than directly investing in securities. In simpler terms, FOF is a mutual fund scheme that invests in other mutual funds. This has multiple benefits and is most suited to risk-averse investors with small capital.</p>

<h3>Fund Overview</h3><p>According to the fund house, Quantum Nifty 50 ETF Fund of Fund is India’s first-of-its-kind Nifty 50 ETF Fund of Fund. This fund combines the efficiency of an ETF with the convenience of an index fund, giving investors the best of both world’s.</p><p>Quantum Nifty 50 ETF FOF is one of the most convenient ways to invest in India’s Nifty Top 50 without opening a DEMAT account. This fund will invest in the units of Quantum Nifty 50 ETF, a passive scheme in the array of Quantum Solutions with a track record of 14 years and counting, said in release.</p><h3>Fund Objective</h3><p>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. Though, there is no assurance or guarantee that the investment objective of the scheme will be achieved, the fund house added.</p><h3>Fund Features</h3><ul><li>First of its kind Nifty 50 ETF wrapper fund</li><li>Low tracking error of underlying fund.</li><li>No Demat Account required.</li><li>Diversified portfolio across top Nifty 50 in different sectors.</li><li>Invest with as low as Rs.500.</li></ul><h3>Top 10 holdings of Quantum Nifty 50 ETF</h3>

<table><tbody><tr><td><strong>Name of Instrument</strong></td><td><strong>Industry</strong></td><td><strong>% to NAV</strong></td></tr><tr><td>Reliance Industries limited</td><td>Petroleum products</td><td>12.95%</td></tr><tr><td>HDFC bank limited</td><td>Banks</td><td>8.53%</td></tr><tr><td>Infosys limited</td><td>IT- Software</td><td>7.70%</td></tr><tr><td>ICICI bank limited</td><td>Banks</td><td>7.09%</td></tr><tr><td>HDFC limited</td><td>Finance</td><td>5.68%</td></tr><tr><td>Tata consultancy services limited</td><td>IT- Software</td><td>4.88%</td></tr><tr><td>Kotak mahindra bank limited</td><td>Banks</td><td>3.51%</td></tr><tr><td>ITC Ltd</td><td>Diversified FMCG</td><td>3.46%</td></tr><tr><td>Hindustan Unilever limited</td><td>Diversified FMCG</td><td>2.88%</td></tr><tr><td>Larsen and toubro limited</td><td>Construction Project</td><td>2.71%</td></tr></tbody></table>

<p><i>Note: Stocks referred above are part of Nifty 50 index as on June 30, 2022 and not recommended by Quantum Mutual Fund/AMC. The Fund may or may not have any present or future positions in these Stocks.&nbsp;</i></p><h3>Quantum Nifty 50 ETF Fund of Fund</h3>

<table><tbody><tr><td><strong>Instruments</strong></td><td colspan="2"><strong>Indicative Asset Allocation(% to total assets)</strong></td><td><strong>Risk Profile</strong></td></tr><tr><td>&nbsp;</td><td>Minimum</td><td>Maximum</td><td>High/medium/low</td></tr><tr><td>Units of Quantum Nifty 50 ETF</td><td>95</td><td>100</td><td>High</td></tr><tr><td>Government securities &amp; T.bill Maturity upto 91 days, Tri-party repo and liquid schemes of mutual funds</td><td>0</td><td>5</td><td>Low</td></tr></tbody></table>

<p><i>Note: The above asset allocation is only indicative and may change from time to time, keeping in view the market conditions and applicable rules and regulations.</i></p><p>Hitendra Parekh is the Fund Manager for the scheme. He has been managing Quantum Nifty 50 ETF since its inception from July 10th, 2008.</p><p>“With this new fund offering, Quantum Mutual Fund continues to dive deeper into the passive space, offering investors, ease of investment and diversification in a single product. This hassle-free option can help one to plan for long-term goals," said Parekh.</p><p>Chirag Mehta, CIO- Quantum Mutual Fund said, “Investors can build their investment portfolio by adopting a passive approach in Quantum’s DIY 12-20-80 Asset Allocation Strategy. This strategy has the potential to minimize downside risks and achieve your long-term goals.”</p><p>“As per this strategy investors dedicate money worth 12 months of their expenses in a liquid fund and 20% of your investable money to gold, the rest 80% can be allocated to equity. Investors can allocate 85% of their equity investments to Quantum Nifty 50 ETF Fund of Fund, while the rest 15% can be allocated to Quantum India ESG Equity Fund,” he added.</p>

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

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.

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