| Launch date | 02 Dec 2024 |
| Allotment date | 20 Dec 2024 |
| End date | 16 Dec 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.75%
Inclusive of GST
Exit load
For units in excess of 10% of the investment 1% will be charged for redemption within 365 Days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Chirag MehtaDec 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #33 in India |
|---|---|
| Total AUM | ₹3,249.05Cr |
| Date of Incorporation | 19 Sep 2005 |
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Quantum Ethical Fund Direct Growth is a Equity Mutual Fund Scheme launched by Quantum Mutual Fund. This scheme was made available to investors on 19 Sep 2005. Chirag Mehta is the Current Fund Manager of Quantum Ethical Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,249 Cr and the Latest NAV as of 19 Dec 2025 is ₹9.89. The Quantum Ethical Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. For units in excess of 10% of the investment 1% will be charged for redemption within 365 Days ;
Investment Objective
The scheme seeks to achieve long-term capital appreciation by investing in Equity & Equity Related Instruments of companies following an Ethical Set of Principles. ;
| Fund benchmark | NIFTY 500 Shariah Total Return Index |
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