Quantum Mutual Fund Launches New Flexi Cap Fund with SEBI Approval
By Sivam
Quantum Mutual Fund files for a new Flexi Cap Fund with SEBI. Discover NFO price, exit loads, and investment details for this open-ended dynamic equity scheme.
Quantum Mutual Fund has filed an offer document with SEBI for its new open-ended dynamic equity scheme, the Quantum Flexi Cap Fund. This marks a new offering for investors looking into flexible equity options.
Key Fund Details
- The New Fund Offer (NFO) price for units will be Rs 10 during the NFO period.
- There will be no entry load for investors.
Understanding Exit Loads
The fund outlines a tiered exit load structure:
- No charge for up to 10% of units redeemed or switched out within 180 days of allotment.
- A 1% charge applies to the remaining 90% of units redeemed or switched out within the same 180-day period.
- No exit load will be applied if units are redeemed or switched out after 180 days from the date of allotment.