MUTUAL FUNDS
Quantum MF introduces India ESG Equity Fund
Jun-21-2019

Quantum Mutual Fund (MF) has launched the Quantum India ESG Equity Fund, an open ended equity scheme. The NFO opens for subscription on June 21, 2019 and closes on July 05, 2019. Entry load is nil and Exit load will be nil, if 10% of units is redeemed or switched out on or before 365 days from the date of allotment; Exit load will be 1, if Remaining 90% of units is redeemed or switched out on or before 365 days from the date of allotment; and Exit load will be nil, if redeemed or switched out on or after 365 days from the date of allotment. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against Nifty 100 ESG Total Return Index and its fund managers are Chirag Mehta and Sneha Joshi.

The investment objective of the scheme is to achieve long-term capital appreciation by investing in share of companies that meet Quantum’s Environment, Social and Governance (ESG) criteria.

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