Mumbai, India (PressExposure) September 08, 2009 -- Mr. Ajit Dayal, Chairman & President, Quantum Mutual Fund - Indiaâs first Direct-to-Investor mutual fund - has announced the launch of a major South India investor road trip. The âPath to Profitâ campaign will make investors aware of Quantum Mutual Fundâs research and investment philosophy and its flagship offering â the Quantum Long Term Equity Fund.
âPath to Profitâ is an initiative by Quantum Mutual Fund â Indiaâs 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 â 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, âFor 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 investorsâ interest have reason to cheer.â
âInvesting is a very simple business â it is made complicated by financial companies so that we can charge you more for all the complex language and packaging!â
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.
âThe 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, South India is home to a large number of our investors and well-wishers and is an important centre for usâ, said Ajit Dayal with regards to the significance of South India as a focus for the campaign.
As it winds its way down the Deccan plateau, âPath to Profitâ 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. âThis is the start of a long journeyâ, said Ajit, âand we are hitting the Indian roads on rubber wheels â yet making sure that investors also have access to information about the Quantum Long Term Equity Fund on our web site, [http://www.QuantumEquityDirect.com]â
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 [http://www.QuantumEquityDirect.com] or http://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.
Disclaimer : Investment Objective: QLTEFâs investment objective is to achieve long-term capital appreciation. Asset Allocation: QLTEF will primarily invest in Equity and Equity related securities, but may invest in money market instruments to meet liquidity needs. Terms of Issue: 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. Entry Load: Nil. Exit Load: On redemption/switchout within 6 months of allotment- 4%, after 6 months but within 12 months- 3%, after 12 months but within 18 months-2%, after 18 months but within 24 months-1%, after 24 months-Nil. Statutory Details: Quantum Mutual Fund (the Fund) has been constituted as a Trust under the Indian Trusts Act, 1882. Sponsors: Quantum Advisors Private Limited. (liability of Sponsor limited to Rs. 1,00,000/-) Trustee: Quantum Trustee Company Private Limited. Investment Manager: Quantum Asset Management Company Private Limited (AMC). The Sponsor, Trustee and the Investment Manager are incorporated under the Companies Act, 1956. Risk Factors: Investments in mutual funds are subject to market risks including uncertainty of dividend distributions and the NAV of the schemes may go up or down depending upon the factors and forces affecting the gold and securities markets and there is no assurance or guarantee that the objectives of the schemes will be achieved. The past performance of the Sponsor has no bearing on the expected performance of the scheme. Quantum Long-Term Equity Fund do not in any manner indicate either the quality of the Schemes, their future prospects or returns. Scheme specific risk: QLTEF the first equity scheme being launched by the AMC. The AMC has no previous experience in managing equity schemes. Equity and Equity related instruments are by nature volatile and prone to price fluctuations due to both macro and micro factors. Mutual Fund Investments are subject to market risks. Please read the Scheme Information Document carefully before investing