Quantum Nifty ETF Dividend is a Others Mutual Fund Scheme launched by Quantum Mutual Fund. This scheme was introduced to investors on 10 Jul 2008. Hitendra Parekh is the Current Fund Manager of Quantum Nifty ETF Dividend.The fund currently has an Asset Under Management(AUM) of ₹6 Cr and the Latest NAV as of 30 Mar 2020 is ₹851.67.
The Quantum Nifty ETF Dividend is rated Moderately High risk. Minimum SIP Investment is 1. Nil.
The principal investment objective of the scheme is to invest in stocks of companies comprising S&P CNXNifty Index and endeavour to achieve return equivalent to Nifty by passive investment. The scheme will be managed by replicating the index in the same weightage as in the S&P CNX Nifty-Index with the intention of minimising the performance differences between the scheme and the S&P CNX-Nifty Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment