Live Now – Quantum Nifty 50 ETF Fund of Fund3 min read
ETFs or Exchange Traded Funds are passive funds listed on the stock exchanges – NSE /BSE and traded like regular equity shares. These funds provide you with the merits of mutual funds along with the return potential of the indices that they are tracking.
ETFs usually track a particular index like Nifty 50, Nifty Next 50 or Bank Nifty. Similarly, Quantum Nifty 50 ETF track Nifty 50 and the Quantum Nifty 50 Fund of Fund will basically invest in this ETF and hence, reap its benefits too.
Why should I invest in the fund of fund?
Nifty 50 is one of the benchmark indices of the Indian Stock Market, it is periodically rebalanced by experts and had the top quality 50 stocks as a part of it.
Did you know that only 13 out of the 50 stocks have managed to be part of the Nifty 50 index from 1996 till now?
The Nifty 50 index has grown over 14 times as per media reports from its inception. But as an investor, if you want to invest in the Nifty 50 index it is close to impossible to rebalance and allocate funds as per the index. Also, in order to buy each one of the stocks in the index, you will probably require more than a lakh rupees.
But when it comes to ETF and fund of fund you can get exposure to all 50 stocks.
Amazing right?
Let’s see the features of the fund
The investment objective of the fund is to provide capital appreciation by investing in the units of Quantum Nifty 50 ETF that replicates/ tracks the Nifty 50 index.
Benchmark for this scheme will be Nifty 50 TRI and the scheme is an open-ended fund of fund scheme that invests in Quantum Nifty 50 ETF.
The fund will be managed by Mr Hitendra Parekh. Parekh has over 19 years of rich experience in managing funds and in the dealing room. He has been managing Quantum Nifty 50 ETF since its inception on July 10, 2008.
Why Choose Fund of Fund over ETF?
If you want to invest in an ETF, a Demat account is mandatory however, while investing in Mutual Funds you get the same benefits as investing in an ETF without a Demat account. Also, you can do away with brokerage fees, platform fees and other charges.
When it comes to investing in Fund of Fund you can easily avail of the SIP option and you can get out of the investment anytime without a cost. Whereas, in ETFs, you will have to pay brokerage costs while buying and selling the units.
NFO Details
| Event | Date |
| Quantum Nifty 50 ETF Fund of Fund NFO Opens | July 18 |
| Quantum Nifty 50 ETF Fund of Fund NFO Closes | August 1 |
| Quantum Nifty 50 ETF Fund of Fund Allotment Date | August 5 |
Steps for applying for the NFO
- Log in to your Paytm Money
- Select Quantum Nifty 50 ETF Fund of Fund NFO Capital FlexiCap NFO
- Enter Amount you wish to invest
- Pay via UPI/net banking
Disclaimer – Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Paytm Money Ltd SEBI Reg. No. INA100009859, Regd. Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. The MF/NFO offering is non Exchange traded products and Paytm Money Ltd (PML) is acting as an agent for distributing the same. Please note all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. This information is purely based on publicly available data and in no way to be considered as advice or recommendation.
