FUND. re - opening. and at. NAV based. prices upon. April 29, May 13, 2015 May 25, repurchase on:

Transcription

1 QUANTUM DYNAMIC BOND FUND This product is suitable for investor who are seeking* *: Regular income over short to medium term and capital appreciation Investment in Debt / Money Market Instruments / Government Securities Medium risk (YELLOW) * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be epresented as: (BLUE) investorss understand that their principal will be at low risk (An Open Ended Debt Scheme with Defined Credit Exposure and Dynamic Maturity Profile) PRODUCT LABEL (YELLOW) investors understand that their principal will be at medium risk (BROWN) investors understand that their principal will be at high risk Offer for Units of `100 Per Unit for cash during the New Fund Offer Period and at NAV based prices upon re - opening. New Fund Offer Opens: New Fund Offer Closes: Scheme reopens for continuous sale and repurchase on: April 29, 2015 May 13, 2015 May 25, 2015 MUTUAL FUND Quantum Mutual Fund 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai TRUSTEE Quantum Trustee Company Private Limited 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai SPONSOR Quantum Advisors Private Ltd , Regent Chambers, 5th Floor, Nariman Point, Mumbai INVESTMENT MANAGER Quantum Asset Management Company Private Ltd. 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with SEBI, along with a due diligence certificate from the AMC. The Units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Schemee Information Document. The Scheme Information Document sets forth concisely the information about the scheme thatt a prospective investor ought to know beforee investing. Before investing, investorss should also ascertain about any further changes to this Scheme Information Document after the date of this Document from the Mutual Fund / Investor Service Centres / Website / Distributors or Brokers. The investors are advised to refer to the Statementt of Additional Information (SAI) for details of Quantum Mutual Fund, Tax and Legal issues and general information on / SAI is incorporated by reference and is legally a part of the Scheme Information Document. For a free copy of the current SAI, please contact your nearest Investor Service Centree or log on to our website, / www. QuantumMF.com The Scheme Information Document (SID) should be read in conjunction with the SAI and not in isolation. This Scheme Information Document is dated April 1, Quantum Asset Management Company Private Limited Regd. office - 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai , India Toll Free No.: / , Telephone No.: , Toll Free Fax No.: Website: CIN: U65990MH2005PTC

2 O N DOCPARTICULARS Highlights / Summary of the Scheme SECTION I-INTRODUCTION Risk Factors Requirement of Minimumm Investors in the Scheme Special Considerations Definitions Due Diligencee by the Asset Management Company SECTION II-INFORMATIONN ABOUT THE SCHEME Type of the Scheme What Is the Investment Objective of the Scheme? How will the scheme allocate its assets? Where will the Scheme invest? What are the Investment Strategies? Investment Process and Recording of Investment Decisions Portfolio Turnover Performance Measurement and Reporting Investment by AMC in the Scheme Fundamental Attributes How will the Scheme Benchmark its performance? Who manages the Scheme? What are the investment restrictions? How has the scheme performed? SECTION III UNITS AND OFFER A. New Fund Offer (NFO) New Fund Offer Period New Fund Offer Price Minimum Amount for Application in the NFO Minimum Target Amount PAGE NO

3 O N DOCPARTICULARS PAGE NO. Maximum Amount to be raised 33 Plans / Options offered 33 Dividend Policy 35 Allotment 35 Refund 37 Who can Invest 37 Where can you submit the filled up application 39 Option to hold units in Dematerialized Mode 40 How to apply 40 Listing 40 Special Products / facilities available during NFO 40 Policy regarding re-issue of repurchased units 40 Restrictions, if any, on the right to freely retain or dispose of units being 41 offered B. Ongoing Offer Details 41 Ongoing offer Period 41 Ongoing Price for subscription 41 Ongoing Price for Redemption 42 Cut off timing for subscriptions / redemptions / switches 42 Where can the applications for Purchase / redemption / switches be 44 submitted? Minimum Amount for Application/Redemption 45 Minimum balance to be maintained 46 Special Products available 46 Systematic Investment Plan 46 Systematic Withdrawal Plan 48 Systematic Transfer Plan 49 Accounts Statements 51 Dividend 52 Redemption 52 2

4 O N DOCPARTICULARS Delay in payment of redemption / repurchase proceeds C. Periodic disclosures Net Asset Value Portfolio Disclosures Half Yearly Results Annual Report Associate Transactions Repurchase and Sale Price Limits Taxation Investor services D. Computation of NAV SECTION IV FEES AND EXPENSES New Fund Offer Expensess Annual Scheme Recurring Expenses Load Structure Transaction Charges Waiver of load for Direct Applications SECTION V RIGHTS OF UNITHOLDERS SECTION VI OTHER MATTERS Penalties & Pending litigations PAGE NO

5 HIGHLIGHTS/SUMMARY OF THE SCHEME Type of Scheme Investment objective Liquidity Redemption Benchmark Transparency/NAV Disclosure Portfolio Disclosure Half Yearly Results An Open-endedd Debt Scheme With Defined Credit Exposure and Dynamic Maturity Profile. The investmentt objective of the schemee is to generate income and capital appreciation through active management of a portfolio consisting of short term and long term debt and money market instruments The scheme offers purchase and redemptions of units on all Business Days on an ongoing basis at NAV based prices, commencing not later than five Business Days from the date of allotmentt of units under the Scheme. The redemption or repurchase proceeds shall be dispatched / credited to the registered bank account of the unitholders within 10 Business Days from the date of redemption or repurchase. The Scheme s performance will be benchmarked against CRISIL Composite Bond Fund Index. The AMC will calculate and disclose the first NAV(s) of the scheme not later than 5 (five) Business Days from the date of allotment. Thereafter, the NAV will be calculated and disclosed for every Business Day. AMC shall update the NAV on the website of AMFI by 9.00 p.m. on every Business Day and also on the Fund s website / The NAV of the Scheme shall be published atleast in two daily newspapers every Business Day in accordance with SEBI (MF) Regulations, Investors may obtain NAV information on any Business Day by calling the office of the AMC or any of the Investor Service Centres. The Fund shall before the expiry of 1 month from the close of each half year, that is as on 31 March and 30 September, publish a complete statement of the scheme portfolio by way of an advertisement in one English daily newspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Fund is situated or send to the Unitholders a complete statement of Schemes portfolios and shall also update the same on the AMC's website at / www. QuantumMF.com and on AMFI' s website at in the prescribed format before the expiry of one month from the close of each half year. Further, the monthly portfolio of the scheme (along with ISIN) shall also be made available on the website of The Fund/ AMC / www. QuantumMF.com on or before tenth day of the succeeding month in user - friendly and downloadable format. The Fund shall within one month from the close of each half year, (i.e. 31st March and on 30th September), host a soft copy of its unaudited financial results on its website ( / www. QuantumMF.com). Further, the Fund shall publish an advertisement disclosing the hosting of 4

6 Load Structure such unauditedd half yearly financial results on their website, in at least one national English daily newspaper having nationwide circulation and in newspaper having wide circulation published in the language of the region where the Head Office of the Mutual Fund is situated. Entry Load: Not Applicable In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ /09 dated June 30, 2009 has notified that, w.e.f. August 01, 2009 theree will be no entry load charged to the schemes of the Mutual Fund and the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor. Quantum Mutual Fund does not charge Entry Load since inception. Transaction Charges Cash Investments Option / Plan Exit Load: No Exit Load In accordance with the SEBI Circular No. Cir / IMD / DF/13/2011 dated August 22, 2011, the AMC is allowed to deduct transactionn charges of Rs. 100 for existing investors and Rs.150 for a first time investor per subscription of Rs.10,000 /- and above for the transaction / application received through distributors. The transactionn charges shall be deducted by the AMC from the subscription amount received from the investor and paid to the distributor and the balance will be invested in the Scheme. Investors are requested to note that Quantum Mutual Fund is a direct to investor s Mutual Fund and no transaction charges shall be deducted from the investmentt amount for transactions / applications received from the distributor and full subscription amount will be invested in the Scheme. In accordance with SEBI circulars datedd September 13, 2012 and May 22, 2014, it is permitted to accept cash transactions to the extent of Rs. 50,000/- subject to compliance with Prevention of Money Laundering Act, 2002 and Rules framed there under and the SEBI Circular(s) on Anti Money Laundering (AML) and other applicable AML rules, regulations and guidelines. The Asset Management Company is presently evaluating systems and controls and is in discussions with bank( (s) to accept Cash Investment in the Scheme. The information will be provided to investors in this regard as and when such facility will be available. The Scheme offers three Options A. Growth Option B. Monthly Dividend Payout Option C. Monthly Dividend Re-investmentt Option. Presently, the Scheme does not offer any Plan. However, the Trustee reserve the right to introduce / modify investment 5

7 Separate Plan For Direct Investment Plans / Options under the Scheme at a future date in accordance with SEBI (MF) Regulations. In accordance with the SEBI Circular No. Cir / IMD / DF/21/2011 dated September 13, 2012, the Mutual Fund/AMC shall provide a separate plan for direct investment i.e. investments not routed throughh a distributor and such separate expense plan shalll have lower expense ratio excluding distribution expenses, commission etc., and no commission shall be paid from such plans and the plan shall also have a separate NAV. Investors are requested to note that Quantum Mutual Fund is a direct to investor s Mutual Fund and does not charge / debit any distribution expenses to the schemes and does not pay any upfront or trail commission to distributors for investment routed through distributor whether empanelled with Quantum Mutual Fund or not since its inception. Further, Quantum Mutual Fund does not deduct Transaction Charges as allowed under SEBI Circular No. Cir / IMD / DF/13/2011 datedd August 22, Quantum Mutual Fund shall continue not charging / debiting any distribution expenses to the schemes and does not pay any upfront or trail commission to distributors for investment routed through distributor whether empanelled with Quantum Mutual Fund or not. Minimum Application Amount Minimum Additional Investment Amount (For all options) Minimum Redemption Amount Option to hold units in Dematerialized Mode Therefore, the Scheme shall not have a Separate Plan for receiving any investment applications either through distributors or directly from investors, and shall not declare separatee NAV for application either through distributors or directly from investors for the Scheme. (a) Growth Option - Rs. 500/-and in multiples of Re.1/- thereafter. (b) Monthly Dividend Payout Option - Rs. 500/-and in multiples of Re.1/- thereafter. (c) Monthly Dividend Re-investment Option - Rs. 500/-and in multiples of Re.1/- thereafter. Rs. 500 /- and in multiples of Re. 1/- thereafter / 50 units. Rs. 500/- and multiples of Re. 1/- thereafter OR account balance whichever is less / 50 units. The unit holders are given an option to hold the units in physical mode or in dematerialized mode. The Investor ntending to hold the units in dematerialized mode will be required to have a beneficiary account with a Depository Participant and will be required to mention the DP s Name, DP ID No. and Beneficiary Account No. with the DP in the application form at the time of subscription / additional purchase of the units of the Scheme. 6

8 It may be noted that in case of option to hold units in dematerialized mode under Systematic Investment Plan (SIP), the units will be credited to Investor s demat account on weekly basis on every Monday subject to realization of funds in the last week. For eg. Units will be credited to investor s demat account on following Monday for realization status of funds received in the last week from Monday to Friday. It may be noted that the facilities viz. Switch in and out/ Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) are currently not available in the dematerialized mode. SYSTEMATIC INVESTMENT PLAN (SIP) (Available during continuous offer and not during NFO period) Frequencies Available Under SIP Minimum Amount Daily Rs. 100/ /- and in Weekly Rs. 500/- and in multiples of Re. multiples of Re. 1/- thereafter 1/ /- thereafter Minimum No. of Installments Instructions / Frequency of dates Daily : All Business Days Weekly: 7,15,21,28 Fortnightly: 5 & 21 OR 7 & 25 Monthly / Quarterly : 5,7,15,21,25,28 Fortnightly Rs. 500/- and in multiples of Re. 1/- thereafter 13 Monthly Rs. 500/- and in multiples of Re. 1/- thereafter 6 Quarterly Rs. 500/- and in multiples of Re. 1/- thereafter 4 SYSTEMATIC TRANSFER PLAN ( STP) (Available during continuous offer) Frequencies Available Under STP Daily Weekly Minimum Amount Rs. 100/- and in Rs. 500/- and in multiples of Re. multiples of Re. 1/- thereafter 1/ /- thereafter Minimum No. of Installments / Instructions Frequency of dates Daily : All Business Days Weekly: 7,15,21,28 Fortnightly: 5 & 21 OR 7 & 25 Monthly / Quarterly : 5,7,15,21,25,28 Minimum Balance to Start STP Fortnightly Rs. 500/- and in multiples of Re. 1/- thereafter 13 Rs..5000/- Monthly Rs. 500/- and in multiples of Re. 1/- thereafter 6 Quarterly Rs. 500/- and in multiples of Re. 1/- thereafter 4 7

9 SYSTEMATIC WITHDRAWAL PLAN (SWP) (Available during continuous offer) Frequencies Available Weekly Under SWP Minimum Amount Rs. 500/- and multiples of Re. thereafter Minimum No. of Installments / 25 Instructions in 1/- Fortnightly Rs. 500/- and in multiples of Re. 1/- thereafter 13 Monthly Rs. 500/- and in multiples of Re. 1/ /- thereafter 6 Quarterly Rs. 500/- and in multiples+ of Re. 1/ /- thereafter 4 Frequency of dates Minimum Balance to Start SWP Weekly: 7,15,21,28 Fortnightly: 5 & 21 OR 7 & 25 Monthly / Quarterly : 5,7,15,21,,25,28 Rs. 5000/- 8

10 SECTION I-INTRODUCTION A. RISK FACTORS Standard Risk Factors: Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. As the price / value / interest rates of the securities in which the scheme invests fluctuates, the value of your investment in the scheme may go up or down. The value of investments may be affected, inter-alia, by changes in the market, interest rates, changes in credit rating, trading volumes, settlement periods and transfer procedures; the NAV is also exposed to Price/Interest-Rate Risk and Credit Risk and may be affected inter-alia, by government policy, volatility and liquidity in the money markets and pressure on the exchange rate of the rupee. Past performance of the Sponsor/AMC/Mutual Fund does not guarantee future performance of the Scheme. Quantum Dynamic Bond Fund is the name of the Scheme and does not in any manner indicate either the quality of the Schemee or its future prospects and the returns. Investorss are therefore urged to study the terms of SID carefully and consult their Investment Advisor beforee they invest in the Scheme. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond the initial contribution of Rs.1,00,000/ /- (Rupees One Lakh only) made by it towards setting up the Fund. The present scheme is not a guaranteed or assured return scheme. Scheme Specific Risk Factors The performance of the Scheme may be affected by changes in Government policies, general levels of interest rates and risks associated with trading volumes, liquidity and settlement systems. As the Scheme will be investing in debt and money market instruments it may have the following risks: Risk Factors Associated with Fixed Income and Money Market Instruments: Interest Rate Risk/ /Market Risk: Changes in interest rate may affect the Scheme s net asset value. Generally the prices of instruments increase as interest rates decline and decrease as interest rates rise. Prices of long-term securities fluctuate more in response to such interest rate changes than short-term securities. Indian debt and government securities markets can be volatile leading to the possibility of price movements up or down in the fixed income securities and thereby to possible movements in the NAV. Credit Risk or Default Risk: Credit risk or Default risk refers to the risk that an issuer of a debt instrument may default (i.e. the issuer will be unable to make timely principal and interest payments on the security). Becausee of this risk, bonds issued by nonsovereign government agencies are sold at a higher yield above those offered on Government Securities which are obligations and free of credit risk. Normally, the value of a debt instrument will fluctuate depending upon the 9

11 changes in the perceived level of credit risk as well as any actual event of default. The greater the credit risk, the greater the yield required for someone to be compensated for the increased risk. Liquidity Risks: This refers to the ease at which a security can be sold at or near its true value. The primary measure of liquidity risk is the spread between the bid price and the offer price quoted by a dealer. Reduced liquidity in the secondary market may have an adverse impact on market price and the Scheme s ability to dispose of particular securities, when necessary, to meet the Scheme s liquidity needs or in response to a specificc economic event or even during restructuring of the Scheme s investment portfolio. Concentration Risk: The Scheme will invest in certain securitiess of certain companies, industries, sectors, asset type etc. based on its investment objectives and policies as outlined in this Scheme Information Document. The funds invested by the Scheme in certain securities of industries, sectors, etc. may acquire a substantial portion of the Scheme s investment portfolio and collectively may constitute a risk associated with non-diversification and thus could affect the value of investments. Settlement Risk: Different segments of the financial markets have different settlement cycle/periods and such settlement cycle/ /periods may be impacted by unforeseen circumstances, leading to Settlement Risk. The liquidity of the Scheme s investments may be inherently restricted by trading volumes, transfer procedures and settlement periods. Re-investment Risk: This risk refers to the interest rate levels at which cash flows received from the securities in the Schemee or from maturities in the Scheme are reinvested. The additional income from reinvestment is the interest on interest component. The risk refers to the fall in the rate for reinvestment of interim cash flows than earlier assumed. Certain fixed income securities give an issuer the right to call back its securities before their maturity date, in periods of declining interest rates. The possibility of such prepayment may force the fund to reinvest the proceeds of such investments in securities offering lower yields, resulting in lower interest income for the Scheme. NAV Performance Risk: The value of, and income from, an investment in the Scheme can decrease as well as increase, depending on a variety of factors which may affect the values and income generated by the Scheme s portfolio of securities. The returns of the Scheme s investments are based on the current yields of the securities, which may be affected generally by factors affecting capital markets such as price and volume, volatility in the stock markets, interest rates, currency exchange rates, foreign investment, changes in Government and Reserve Bank of India policy, taxation, political, economic or other developments, closure of the Stock Exchanges etc. Investors should understand that the investment pattern indicated, in line with prevailing market conditions, is only a hypothetical example as all investments involve risk and there is no assurance that the Scheme s investment objective will be attained or that the Scheme shall be in a position to maintain the model percentage of investment 10

12 pattern particularly under exceptional circumstances. Different types of securities in which the Scheme would invest as stated in the offer document carry different levels and types of risk. Accordingly the Scheme s risk may increase or decrease depending upon its investment pattern. e.g. corporate bonds carry a higher amount of risk than Government securities. Furtherr even amongst corporate bonds, bonds which are AAA rated are comparatively less risky than bonds which are AA rated. Lower rated or unrated securities are more likely to react to developments affecting the market and carry a higher credit risk than the highly rated securities which react primarily to movements in the general level of interest rates. Lower rated securities also tend to be more sensitive to economic conditions than higher rated securities. The Investment Manager will consider both credit risk and market risk in making investment decisions. The Scheme will endeavour to invest in highly researched securities offering relative yield for the commensurate risks. However the erosion in the value of the investments/portfolio in the case of the debt markets passing through a bearish phase is a distinct possibility. The NAV of the Scheme is largely dependent on the performance of the various debt instruments wherein the investment has been made which may fluctuate from time to time. The Scheme may use techniques and instruments for efficient portfolio management and attempt to hedge or reducee the risk of such fluctuations. However these techniques and instruments if imperfectly used have the risk of the Scheme ncurring losses due to mismatches particularly in a volatile market. The Fund s ability to use these techniques may be limited by market conditions, regulatory limits and tax considerations (if any). Besides, the fact that skills needed to use these instruments are different from those needed to select the Scheme s securities. The use of these techniques involves possible impediments to effective portfolioo management or the ability to meet Repurchase/redemption requests or other short-term obligations because of the percentage of the Scheme s assets segregated to cover its obligations. B. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME The Scheme shall have a minimum of 20 investors and no single investor shall account for more than 25% of the corpus of the Scheme. However, if such limit is breached during the NFO of the Scheme, the Fund will endeavour to ensure that within a period of three months or the end of the succeeding calendar quarter from the close of the NFO of the Scheme, whichever is earlier, the Scheme complies with thesee two conditions. In case the Scheme does not have minimum of 20 investorss in the stipulated period, the provisions of Regulation 39(2)(c) of the SEBI (Mutual Funds) Regulations would become applicable automatically withoutt any reference from SEBI and accordingly the Scheme shall be wound up and the units would be redeemed at the applicable NAV. The two conditions mentioned above shall also be complied within each calendar quarter, on an average basis, as specified by SEBI. If there is a breach of the 25% limit by any investor over the quarter, a rebalancing period of one month would be allowed and thereafter the investor who is in breach of the rule shall be given 15 days notice to redeem his exposure over the 25 % limit. Failure on the part of the said investor to redeem his exposure over the 25 % limit within the aforesaid 15 days would lead to automatic redemption by the Mutual Fund on the applicable Net Asset Value on the 15th day of the notice period. The Fund shall adhere to the requirements prescribed by SEBI from time to time in this regard. 11

13 C. SPECIAL CONSIDERATIONS Quantum Mutual Fund Profile: Quantum Mutual Fund started its journey in With the investor as their primary focus, and the investor s benefit as their leading priority, Quantum Mutual Fund refused to adhere to the commission paying style for promoting its Schemes. With this ideology in mind, Quantum Mutual Fund was established as India s 1 st direct-to-investor mutual fund. Quantum is a Low Cost fund that brings its investors additional cost savings, by offering them one of the lowest Expense Ratios in the industry. As a direct-to-investor fund house, Quantum Mutual Fund uses the online medium to reach to investors directly. With the launch of the industry s 1 st completely paperless Invest Online section, Quantum is looking at newer ways to make investing simple and leverage the potential of the internet and the power of technology. Considerations: Quantum Asset Management Company Private Limited (AMC) has received the approvals from SEBI for providing research services on Equities and Fixed Income on a commercial basiss to the Sponsor and QIEF Management LLC. The AMC confirms that the research services provided by it, in terms of SEBI s approvals, are not in conflict with the activities of Mutual Fund. Mutual funds being vehicles of securities investments are subject to market and other riskss and there can be no guarantee against loss resulting from investing in the Scheme. The various factors which impact the value of the Schemes' investments include, but are not limited to, fluctuations in the capital markets, fluctuations in interest rates, prevailing political and economic environment, changes in government policy, factors specific to the issuer of the securities, tax laws, liquidity of the underlying instruments, settlement periods, trading volumes, etc. The past performance of the Sponsors and their affiliates/associates is not indicative of the future performance of the Scheme. Investment decisions made by the AMC may not always be profitable. From time to time and subject to the Regulations, the Sponsors, the mutual funds and investment companies managed by them, their affiliates, their associate companies, subsidiaries of the Sponsors and the AMC may invest either directly or indirectly in the Scheme. The funds managed by these affiliates, associates, the sponsors, subsidiaries of the Sponsors and/or the AMC may acquire a substantial portion of the Scheme s Units and collectively constitute a major Investor in the Scheme. Accordingly, Repurchase/Redemption of Units held by such funds, affiliates/associates and Sponsors may have an adversee impact on the Units of the Scheme because the timing of such Repurchase/Redemption may impact the ability of the other Unitholders to redeem their Units. Given that the liquidity of the investments made by the Scheme could, at times, be restricted by trading volumes and settlement periods, the time taken by the Mutual Fund for Repurchase/Redemption of Units may be significant in the event of an inordinately large number of Repurchase/Redemption requests or a restructuring of the Scheme. In view of the above, the Trustee has the right, in its sole discretion, to limit Repurchase/ Redemptions (including suspending Repurchases/ Redemptions) under certain circumstances. The Trustee, AMC, Mutual Fund, their directors or their employees shall not be liable for any of the tax consequences that may arise, in the event that the Schemee is wound up for the reasons and in the manner provided for in the SAI. 12

14 Repurchase/Redemption by the Unitholder due to change in the fundamental attributes of the Scheme or due to any other reasons may entail tax consequences. The Trustee, AMC, Mutual Fund, their directors or their employees shall not be liable for any such tax consequences that may arise. The tax benefits described in this SID are as available as on the date of issue of this SID under the present taxation laws and are available subject to relevant conditions. The informationn given is included only for general purpose and is based on advice received by the AMC regarding the law and practice currently in force in India and the Unitholders should be aware that the relevant fiscal rules or their interpretation may change. As is the case with any investment, there can be no guarantee thatt the tax position or the proposed tax position prevailing at the time of an investment in the Scheme will endure indefinitely. In view of the individual nature of tax consequences, each Unitholder is advised to consult his/her/theirr own professional tax advisor. Unitholders in the Scheme are not being offered any guaranteed/assured returns and Investors are advised to consult their Legal/Tax and other Professional Advisors in regard to tax/legal implications relating to their investments in the Scheme and beforee making decision to invest in or Repurchase the Units. Neither this Scheme Information Document SID nor the Units have been registered in any jurisdiction. This SID is meant for circulation only in India and therefore has not been registered in any other jurisdiction. The distribution of this SID in certain jurisdictions may be restricted or totally prohibited due to registration requirements and accordingly, persons who come into possession of this SID are required to inform themselves about such regulations/restrictions and to observe any such restrictions and/or compliance requirements. The information herein is not for distribution and does not constitute an offer to buy or sell or the solicitation of any offer to buy or sell any securities or financial instrumentss in the United States of America ("US") and Canadaa to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under Regulations promulgated under the US Securities Act of 1933, as amended) and Canadiann persons. No person has been authorised to issue any advertisement or to give any information or to make any representations other than that contained in this SID. Circulars in connection with this offering not authorised by the Mutual Fund and any information or representations not contained herein must not be relied upon as having been authorised by the Mutual Fund. The Mutual Fund, Trustee, AMC, their directors or their employees shall not be liable any consequences that may arise due to any information or representation other than that contained in the SID or contained herein. Investors should study this SID carefully in its entirety and should not construe the contents hereof as advice relating to legal, taxation, investment or any other matters. Investors are advised to consult their legal, tax, investment and other professional advisors to determine possible legal, tax, financial or other considerations of subscribing to or repurchasing Units, before making a decision to invest/repurchase Units. The Mutual Fund may disclose details of the Unitholder s account and transactionss thereunder to the intermediaries, as may be necessary for the purpose of effecting payments to the Investor. 13

15 In terms of the Prevention of Money Laundering Act 2002, the Rules issued there under and the guidelines/circulars issued by SEBI regarding the Anti-Money Laundering (AML Laws), all intermediaries, including Mutual Funds, have to formulate and implement a client identification programme, verify and maintain the record of identify and address(es) of investors. If after due diligence, the AMC believes that any transaction is suspicious in nature as regards money laundering, failure to provide required documentation, information, etc., the AMC shall have absolute discretion to report such suspicious transactions to FIU-IND and / or to freeze the folios of the investor(s), reject any application(s) / allotment of units and effect mandatory redemption of unit holdings of the investor(s) at the applicable NAV subject to payment of exit load, if any. In terms of Foreign Account Tax Compliance Act (FATCA), the AMC / Mutual Fund will be required to undertake due diligence process and identify US reportablee accounts and collect such information / documentary evidences of the US and / or non-us status of its investors / Unit holders and disclose such information (through its agents or service providers) as far as may be legally permitted about the holdings, investment returns and / or to US Internal Revenue Service (IRS) or the Indian Tax Authorities, as the case may be for the purpose of onward transmission to the IRS under FATCA. The AMC / Mutual Fund will also disclose such information of investors / Unit holders who are not US Persons at the time of investments but subsequently identified by the AMC / Mutual Fund as US Persons in terms of FATCA. FATCA due diligence will be directed at each investor / Unit holder (including joint investor) and on being identified as a reportable person / specified US person, all the folios will be reported. In case of folios with joint holders, the entiree account value of the investment portfolio will be attributable under each such reportable person. An investor/unit holder will therefore be required to comply with the request of the AMC / Mutual Fund to furnish such information as and when sought by the AMC for the AMC / Mutual Fund to comply with the information reporting requirements stated in IGA and circulars issued by SEBI / AMFI in this regard. The information disclosed may include (but is not limited to) the identity of the investors and their direct or indirect beneficiaries, beneficial owners and controlling persons. Investors / Unit holders should consult their own tax advisors regarding FATCA requirements with respect to their own situation. D. DEFINITIONS In this Scheme Information Document (SID), the following words and expressions shall have the meaning specified herein, unless the context otherwise requires: AMC or Asset Management Company or Investment Manager Applicable NAV Business Day Quantum Asset Management Company Private Limited, incorporated under the provisions of the Companies Act, 1956 and approved by the Securities and Exchange Board of India to act as the Asset Management Company for the Scheme(s) of Quantum Mutual Fund The Net Asset Value applicable for Redemptions / Repurchase / Switches etc., based on the Business Day and relevant cut-off times on which the application is accepted at the official point of acceptance. A day other than: i. Saturday and Sunday; or ii. A day on which the banks in Mumbai and / RBI are closed for businesss /clearing; or 14

16 iii. A day on which the Stock Exchange, Mumbai and / or National Stock Exchange are closed; or iv. A day, which is a public and /or bank holiday at a Investor Servicee Centre (ISC) where the application is received; or v. A day on which Sale and Repurchase of Units is suspended by the AMC; or vi. A day on which normal businesss cannot be transacted due to storms, floods, bandhs, strikes or such other events as the AMC may specify from time to time. vii. A day on which the money markets are closed / not accessible. "Business Hours" Certificate of Deposits or CD s Collateralised " Borrowing and Lending Obligation or CBLO Commercial Paper or CP s Corporate Debt Securities Consolidatedd Account Statement (CAS) Custodian Depository Depository Participant The AMC reserves the right to declare any day as a Business Day or otherwise at any or all ISCs. Presently a.m. to p.m. on any Business Day or such other time as may be decided by the Asset Management Company from time to time and the same may be different for different ISCs. CD s are short term borrowings by banks. CD s can be issued for maturities between 7 days up to a year from the date of issue. CBLO s are discounted money market instruments available in electronicc book entry form for the maturity period rangingg from one day to ninety days. It is a product developed by CCIL (Clearing Corporation Of India Ltd). CP s are short term instrument to enable non-banking companies to borrow funds for the short term. It is an unsecured money market instrument issued in the form of promissory note. CP s can be issued for maturities between 7 days up to a year from the date of issue. (Bonds and Debentures) - Debt securities issued by the corporates. It can be further classified into bonds/debentures issued by the public sector and private sector companies. Consolidated Account Statement is a statement containing details relating to all the transaction across all schemes of all mutual funds viz. purchase, redemption, switch, dividend payout, dividend reinvestment, systematic investment plan, systematic withdrawal plan, systematic transfer Plan and bonus transactions, etc. A person who has been granted a certificate of registration to carry on the business of custodian of securities under the Securities and Exchange Board of India (Custodian of Securities) Regulations 1996, which for the time being is Deutsche Bank A.G., Mumbai A body corporate as defined in the Depositories Act, 1996 and includes National Securities Depository Limited (NSDL) and Central Depository Systems Limited (CDSL) A person registered as such under sub-section (1A) of section 12 of the Securities and Exchange Board of India Act,

17 "Dividend" Entry Load or Sales Load Exit Load or Repurchase Load or Redemption Load FII "Foreign Portfolio Investor" or " FPI" Fixed Income Securities Floating rate Instruments "G-secs" or "Government Securities" Investment Management Agreement Investor Service Centres or ISCs or Official Points of acceptance of transactions Load MIBOR or Mumbai Inter Bank Offer Rate Money Market Instruments Mutual Fund or the Fund Net Asset Value or Income distributed under the Schemee on the Units. One time charge that investors pay at the time of entry into the Scheme. Presently, entry load cannot be charged by mutual fund schemes. Load on Repurchase / Redemption / Switch out of Units. Foreign Institutional Investor, registered with SEBI under the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995, as amendedd from time to time. FPI means a person who satisfies the eligibility criteria prescribed under Regulation 4 and has been registered under Chapter II of Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, Debt Securities created and issued by, inter alia, Central Government, State Government, Local Authorities, Municipal Corporations, PSUs, Public Companies, Special Purpose Vehicles(incorporated or otherwise) and any other entities, which yield at fixed rate by way of interest, premium, discount or a combination of any of them. Floating rate instruments are debt/money market instruments, with interest rates that are re-set periodically. The periodicity of interest reset could be daily, monthly, annually, or any other periodicity that may be mutually agreed between the issuer and the Fund. Debt Securities issued by the Central Government. The Investment Management Agreement dated 7th October, 2005 entered into between Quantum Trustee Company Private Limited and Quantum Asset Management Company Private Limited, as amended from time to time. Office of Quantum Asset Management Company Private Limited or designated branches of Karvy Computershare Private Limited (Karvy) and such other centres/offices as may be designated by the AMC from time to time. All these locations are official points of acceptance of transactionss and cut-off time as mentioned in the SID shall be reckoned at these official points. A charge that may be levied as a percentage of NAV at the time of entry into the scheme or at the time of exit from the scheme. MIBOR is a polled reference rate for 1 day, 14 days, 1 month and 3 months published by NSE and the Fixed Income Money Market and Derivatives Association of India daily. Commercial papers, Commercial Bills, Treasury Bills,, call or notice money, Certificate of Deposit, CBLO, Usance bills, and any other like instruments as specified by the Reserve Bank of India from time to time Quantum Mutual Fund, a trust set up under the provisions of the Indiann Trusts Act, 1882 and registered with SEBI under the Securities and Exchange Board of India (Mutual Funds) Regulations, vide Registration No. MF/051/05/ /02 dated December 2, Net Asset Value per Unit of the Scheme, calculated in the manner describedd 16

18 NAV "New Fund Offer Period" NRE Account NRI NRSR Account Open Ended Scheme Options PSU Bonds RBI Registrar and Transfer Agent Repurchase / Redemption Sale / Subscription Scheme or Quantum Dynamic Bond Fund Scheme Information Document or SID SEBI SEBI Regulations or Regulations Short term debt instruments Sponsor or Settlor Statement of Additional Information or SAI Stock Exchanges Switch or Lateral Shift in this SID or as may be prescribed by the SEBI Regulations from time to time. The date on or the period during which the initial subscription of Units of the Schemee can be made. Non-Resident External Account. A Non Resident Indian (NRI) is a person resident outside India, who is a citizen of India or is a person of Indiann origin. Non-Resident Special Rupee Account. Scheme of a mutual fund, which offers Units for sale without specifying any duration for, Redemption / Repurchase The schemee offer three options : 1 Growth Option; 2. Monthly Dividend Payout Option; 3. Monthly Dividend Re-investment by Public Sector Undertakings. Reserve Bank of India, established under the Reserve Bank of India Act, Option: Bonds issued Karvy Computershare Private Limited (Karvy) registered under the SEBI (Registrars to an Issue and Share Transfer Agents) Regulations 1993, currently acting as the registrar to the Scheme or any other registrarr appointed by the AMC from time to time. Repurchasee / Redemption of Units of the Scheme as permitted. Sale or allotment of Units to the Unitholder upon subscription by the investor / applicant under the Scheme. Quantum Dynamic Bond Fund, (including, as the context permits, all the Options under the Scheme) This document issued by Quantum Mutual Fund, for inviting subscription to Units of Quantum Dynamic Bond Fund, as amended from time to time in compliance of the SEBI Regulations. Securities and Exchange Board of India, established under the Securities and Exchange Board of India Act, Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, as amendedd from time to time. Debt instruments which have residual maturity of less than 1 year. Quantum Advisors Private Limited The Statement of Additional Information (SAI) contains details of the Mutual Fund, its constitution, and certain tax, legal and general information. It is incorporated by reference and is legally a part of the SID. Bombay Stock Exchange Limited or The National Stock Exchange of India Limited Repurchasee / Redemption of a unit in any Scheme (including the Plans/Options therein) of the Mutual Fund against purchase of a unit in 17

19 "Systematic Investment Plan" or "SIP"" "Systematic Withdrawal Plan" or "SWP" Systematic Transfer Plan or STP Treasury Bills or T- Bills Trustee Trust Deed Trust Fund Unit Unitholder or Investor or Client Interpretation another Scheme (including the plans/options therein) of the Mutual Fund, subject to the applicable load structure and the completion of lock-in period, if any, of the units of the Scheme(s) from where the units are being switched. A plan facility enabling investors to save and invest in the Scheme at regularr intervals by submitting post-dated cheques / payment instructions. A plan enabling investors to withdraww sums from their unit accounts in the Scheme at regular intervals. A plan enabling investorss to transfer a fixed amount at regular intervals into other schemes of Quantum Mutual Fund. T-Bills are short term debt instruments issued by Central Government. Currently Treasury Bills are issued with-91 day, 182 day and 364 day maturity period. Quantum Trustee Company Private Limited incorporated under the provisions of the Companies Act, 1956 and approved by SEBI to act as Trustee to the Schemes of Quantum Mutual Fund. The Trust Deed dated 7th October, 2005 made by and between the Sponsor and Quantum Trustee Company Private Limited ( Trustee ), as amendedd from time to time, establishing an irrevocable trust, called Quantum Mutual Fund. Amounts settled/contributed by the Sponsors towards the corpus of the Quantum Mutual Fund and additions/ accretions thereto. The interestt of the Unitholder which consists of each Unit representing one undivided share in the assets of the Scheme. A person holding Units in the Schemee of the Quantum Mutual Fund offered under this Document For all purposes of this SID, except as otherwise expressly provided or unless the context otherwise requires: The terms defined in this SID include the plural as well as the singular. Pronouns having a masculine or feminine gender shall be deemed to include the other. 18

20 E. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY A Due Diligence Certificate, duly signed by the Compliance Officer of Quantum Asset Management Company Private Limited, has been submitted to SEBI which reads as follows: DUE DILIGENCE CERTIFICATE It is confirmed that: i. The draft Scheme Information Document forwardedd to SEBI is in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 and the guidelines and directives issued by SEBI from time to time. ii. All legal requirements connected with the launching of the Scheme as also the guidelines, instructions, etc. issued by the Government of India and any other competentt authority in this behalf, have been duly complied with. iii. The disclosuress made in the Scheme Information Document are true, fair and adequate to enable the Investors to make a well-informed decision regardingg investmentss in the Scheme. iv. Karvy Computershare Private Limited - Registrar & Transfer Agent and Deutsche Bank registered with SEBI and their registration is valid as on date. A.G. - Custodian are for Quantum Asset Management Company Private Limited Sd/- Name: Malay Vora Designation: Compliance Officer Place: Mumbai Date: February 12,

21 SECTION II- INFORMATION ABOUT THE SCHEME A. TYPE OF THE SCHEME An Open Ended Debt Scheme with Defined Credit Exposure and Dynamic Maturity Profile. B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME? The investment objective of the Scheme is to generate income and capital appreciation through active management of a portfolio consisting of short term and long term debt and money market instruments. C. HOW WILL THE SCHEME ALLOCATE ITS ASSETS? The investment policies of the Scheme shall be as per SEBI (Mutual Funds) Regulations, 1996, and within the following guideline. The asset allocation under the Scheme, under normal circumstances, will be as follows: Instruments Indicative Allocation (% of Net Assets) Risk Profile Maxi mum Mini mum High/ Medium/ Low Government Low to High Bond/Bills PSU Bonds 50 0 Medium to High Certificate of 75 0 Low to Deposits/ Medium Commercial Paper / Short Term Debt Instruments CBLO/ Repos Low The Scheme will not invest in repo of corporate debt securities and Credit Default Swaps (CDS). The Scheme shall not participate in Securities lending / borrowing and shall not invest in convertible Debt Instruments. Pending deployment, the corpus would be invested in open ended liquid schemes of mutual funds. Pending deployment, the corpus would be invested in short term fixed deposits of scheduled commercial bank in accordance with SEBI Circular No. SEBI/IMD/CIR No. 1/91171/07 dated April 16, 2007, as may be amended from to time. In accordance with SEBI Circular No. Cir/ IMD/ DF/ 11/ 2010 dated August 18, 2010, the aggregate asset allocation will not exceed 100% of the net assets of the scheme. The Scheme will not invest in Securitized debt instruments, Foreign Securities, and derivatives. The Scheme will not engage in short selling or carry forward transactions. The above asset allocation is only indicative and may change from time to time, keeping in view the market conditions and applicable rules and regulations. CHANGE IN THE INVESTMENT PATTERN Subject to SEBI Regulations, the asset allocation pattern indicatedd above may change from time to time keeping in view applicable regulations and political and economic factors. It must be clearly understoodd that the percentage stated above are only indicative and not absolute. These proportions may vary substantially depending upon the perception of the AMC, the intentionn being all the times to seek to protect the interest of the unit holders. Such changes in the asset allocation may be for short term and defensive considerations. In the event of deviations, the Fund Manager will carry out rebalancing within 30 days, justification for the same shall be placed before the Key Employee Investment Committeee and reasons for the same shall be recorded in writing. The Key Employee Investment Committee shall then decide on the course of actions. However, at all the times the portfolio will adhere to the overall investment objectives of the Scheme. 20

22 Debt markets and instruments The Indian debt market is bigger than most of its Asian peers and compares well with even other emerging market peers. Especially, the Indian government bond (Centre and state) market at over USD 700 billion in outstanding issue size is second only to Japan and China in Asia (Data as of September 2014 ; Asia bonds online). The corporate bond market has also grown in the last few years but still remains small as compared to other developed bond markets in Asia and the western world. Indiann bond markets have grown over the years on the back of deregulation of interest rates, broad-basing of market participants, new instruments, improvement in market liquidity and increasing confidence in the trading and settlement systems. India is unique in developing markets in its success of screen based government bond trading - (NDS OM Negotiated Dealing system Online Module) and overnight fund deployment through a screen based order matching product knownn as Collateralized Borrowing and Lending Obligations CBLO). As non- bank entities were phased out of the call money market, the CBLO provided a good platform for funds deployment by mutual funds and insurance companies. It is a screen based, anonymous, clearing corporation settlement guarantee product whichh has resulted in its popularity and increasing volumes. Even the Repo markets have got a boost in recent times with the launch of screen based (basket and individual security) repo dealing system known as CROMS. As RBI has allowed shorting in government bond markets, the presence of an anonymous screen based repo security borrowing mechanism is very useful for market participants. The Screen based government bond trading system (NDS-OM) has gained in its popularity and now commands a substantial market share in the overall volume. The major players in the Indian bond market are banks, insurance and provident /pension funds, financial institutions, mutual funds and FIIs. The debt market trading is largely institutional in nature and has limited direct retail participation. The investors invest in instruments which are issued by the government (centre and state), corporate, banks, financial institutions. The instruments are largely fixed rate but there also increasing issuances of floating rate instruments, zero coupon bonds, step up notes, perpetual bonds and other innovative structures. Indian bond market also has a long yield curve with the government issuing bonds of upto 30 year maturity. There have also been increasing instances of corporate issuing bonds with 15 year maturity. The introduction of inflation linked bonds announced by the government would add another innovation to the debt market. (Source: CCIL, SEBI) Average Daily Volumes FY09 FY10 FY11 FY12 FY13 FY 14 Government Bonds Corporate Bonds CBLO Repos Equities (Source: CCIL, SEBI) 21

23 The Indian bond market volumes have improved considerably in the last few year. Government bonds today match the volumes of the equity market. As mentioned above, the government bond market is the largest debt segment and it also is the most liquid market. Corporate bond market size has grown and daily volumes are on the rise, but it is still small in comparison to the government bond market. Another interesting feature of the Indian bond market is the presence of a robust overnight borrowing and lending market. The daily volumes in the CBLO and Repo suggests of a highly active and liquid overnight market. Money markets in India are dominated by Treasury bills issued by the government, Certificate of Deposits issued by banks and commercial papers issued by corporate. Below is the summary of the key market instruments and its yield levels currently and over the last few years. (Source: Bloomberg; All data for the last day of working of month for respective years.) Instrument Type March 2015 March 2014 March 2013 March March 2011 March 2010 Repo rate year CD Treasury bills year government bond year AAA PSU corporate bond (Source: Bloomberg; All data for the last day of working of month for respective years.) Comparison with Quantum Liquid Fund An Open-ended Liquid Scheme: Quantum Dynamic Bond Fund, an Open Ended Debt Scheme is a new scheme offered by Quantum Mutual Fund and is not a minor modification of any other existing scheme/product of Quantum Mutual Fund. Differentiation is as follows: Scheme Name Quantum Liquid Fund Type An Open- Liquid Scheme ended Investment Objective The primary investment objective of the Scheme is to provide optimal returns with low to moderate levels of risk and high liquidity through judicious investments in money market and debt instruments. Differentiation A Liquid Fund can invest only in instruments whichh have a maturity of less than or equal to 91 days. Thus Quantum Liquid Fund invests only in less than 91 days NCDs and money market instruments. AUM ( Rs. In crores) as on March 31, No. of Folios as On March 31, ,364 22

24 D. WHERE WILL THE SCHEME INVEST? The corpus of the Scheme will be invested in Debt Instruments, Money Market Instruments and other permitted securities which willl include but not limited to: (a) Debt and Money Market Instruments. The corpus of the Scheme would be invested in the following debt and money market instruments will include but not restricted to: 1. Commercial Papers. 2. Certificate of Deposits. 3. Securities issued by Central and State Government and repos/reverse repos in such securities. 4. Securities guaranteed by Government. the Central and State 5. Non-convertiblee companies bonds/debentures issued by 6. Collateralised Borrowing and Lending Obligations (CBLO). 7. The non-convertible part of convertible securities. The above list is not exhaustive and may include any other instrument as Mutual Fund may be permitted by SEBI/RBI/such other regulatory authority from time to time. Investments will be in listed and unlisted instruments, through secondary market purchases, initial public offers (IPO s), other public offers, private placements, rights offers, negotiated deals etc., as may be permitted under SEBI Regulations. Investments in debentures and bonds will be in instruments which have been assigned investment grade ratings by an approved rating agency. No investment would be made in un-rated instruments. The Scheme may also enter into repurchase and reverse repurchase obligations in Government securities held by it as per the guidelines and regulations applicable to such transactions. The Scheme may invest in other debt schemes managed by the AMC or in the debt schemes of any other Mutual Funds, provided it is in conformity with the investment objectives of the scheme and in terms of the prevailing Regulations. As per the Regulations, no investment management fees will be charged for such investments and the aggregate inter Scheme investment made by Schemes of The Fund or in the Schemes under the management of other asset management companies shall not exceed 5% of the net asset value of The Fund. (b) Pending deployment, the corpus would be invested in short term fixed deposits of scheduled commercial bank in accordance with SEBI Guidelines. As per the Regulations, no investment management fees will be charged for such investments. (c) Pending deployment, the corpus would be invested in open ended liquid schemess of mutual funds. As per the Regulations, no investment management fees will be charged for such investments. E. WHAT ARE THE INVESTMENT STRATEGIES? Investment Strategy: The investment objective of the scheme is to generate income and capital appreciation through active management of a portfolio consisting of short term and long term debt and money market instruments. The investment objective would be achieved in the following order of priority: Legality & compliance Ensuring that the portfolio is at all times completely compliant with all rules and regulations internal and external. Portfolio Liquidity Ensuring that the Portfolio can be liquidated at minimal impact cost to the investors. Yield and Return Enhancement After meeting the above objectives, the rigorous and in-depth research and analysis of the macro economic 23

25 situation and fixed income markets should provide for timely investment opportunities which would enhance the total returns for an investor on a risk adjusted basis. Capital Preservation Ensuring that the investments are made in a manner to minimize market risks and choosing securities which have low default/downgrade risk. Debt markets tend to be volatile and especially so in a developing market like in India where market depth and liquidity may not be consistent. Longer tenor instruments tend to be more volatile than short term instruments. And that the interest rates and bond prices generally tend to have an inverse relationship. Thus, when interest rates rise, the price of a bond falls; and in that the price of a bond with longer maturity falls more than the one which has a shorter maturity. This is also true when interest rates fall, the price of the bond rises; and in that the price of a bond with longer maturity rises more than the one which has a short term maturity. The Quantum Dynamic Bond Fund has the flexibility to invest across the maturity curve. It can invest in short term as well as long term instruments. And based on the asset allocation table provided, it can invest in government as well as corporate bonds. The investment strategy thus is to dynamically manage only the duration of the Scheme. Thus the Scheme has the flexibility to invest in short term and long term instruments. But the Scheme has limited ability to take credit exposures. As given in the asset allocation table, despite the dynamic nature of the Scheme, it is restricted in taking exposures in corporate bonds, especially those issued by private sector and there are pre-defined limits for all instruments and investment categories. This is to ensure that the portfolio has better liquidity and is of relatively high credit quality. The Scheme will thus be actively managed and the Fund Manager and the investment team will take an active view of the interest rate movement by keeping a close watch on various parameters of the Indian economy as well as developments in global markets. Thus if the Fund Manager and the Investment Team believe that long term interest rates are going to rise, the Scheme can move to instruments which have low maturity and thus low duration and help protect the Scheme s performance. Conversely, if the Fund Manager and Investment Team believe that long term interest rates are going to fall, the Scheme can invest in longer tenor instruments and thus benefit out of the larger rise in prices of longer tenor bonds. Given that Indian macro data points and hence interest rates tend to be volatile, the flexibility of optimal maturity management is key to superior risk adjusted performance. RISK CONTROL / RISK MANAGEMENT STRATEGY Risk is an important part of the investment functions. Effective Risk Management is critical to Fund Management for achieving financial goals. Investments made by the Scheme shall be made in accordance with Investment Objective of the Scheme and provisions of SEBI (Mutual Funds) Regulations. The Fund has identified following Risk as laid above and designed Risk Management Strategies which is the part of the Investment Process to manage such risks. 24

26 Types of Risk Interest Rate Risk Risk Management Strategies Measured throughh Average Maturity/ Duration / Portfolio Sensitivity to interest rate changes (PV01). Since the Scheme can invest in short term and long term instruments; interest rate risk is inherent in the portfolio. The management of interest rate risk is then a function of the quality of the fixed income research inputs and the active investment management strategy. Credit and Default Risk Liquidity Risk Since the Scheme will not invest in derivatives, the management of interest rate risk would be achieved by altering the Scheme maturity profile at appropriate times. Measured throughh Portfolio credit quality. % allocation to instruments rated AAA / AA and so forth The Scheme broad asset allocation limits the investments in debt instruments issued by private (non-government) companies. This reduces the inherent credit / default risk of the portfolio. The internal guidelines of the AMC also limit the investment in lower rated instruments. The Scheme has to necessarily invest a major portion of its investments in government bonds and/or PSU Bonds thus lowering the overall credit risk in the portfolio. Measured throughh Trading Data / Portfolio Liquidity Report. With the overall improvement in the reporting and transparency of tradedd market data of all debt and money market instruments, the Investments Team can gauge the liquidity of individual instruments in the portfolio. By this, the Scheme can also determine the time taken to liquidate the position based on historical traded data. Concentration Risk A portfolio liquidity report can help address any illiquid securities in the portfolio. Measured throughh Portfolio holdings report and unit holder report Quantum Mutual fund has a well laid out investment policy, applicable to all its debt schemes, which has set pre-defined limits of exposure to each security based on its maturity and credit profile. This ensures that the portfolio is not overly concentrated to one issuer or industry. The other concentration risk of few investors holding a large share of the schemes corpus is addressed in some measure by SEBI s rule of 20/25. 25

27 Counterparty risk Adequate portfolioo liquidity can also help limit the losses due from large portfolio redemption. Measured throughh single counterparty exposure The Fund has single party counter-party limits to limit the damages from a failed settlement or delayed settlement by counterparty. Counterparty risk is also a function of the nature of the instrument and mode of settlement being followed. Settlement Risk For instance, in government securities, the settlement of all trades are done through a clearing corporation thus ensuring lower likelihood of failed settlements and counterparty risk. Measured throughh post trade failure in settlements Government securities, T-bills, SDLs, CBLOs are now settled throughh a counter party clearing mechanism operated and managed by CCIL (clearing Corporation of India Ltd). This has vastly reduced settlement failures in these securities. Although, corporate bonds are still settled on a DVP basis, but the trades are now routed through a clearing corporation. This limits settlement failures arising out of a bilateral settlement. Our counterparty exposure norms also limit the risks of a failed settlement on the overall portfolio. INVESTMENT PROCESS AND RECORDING OF INVESTMENT DECISIONS INVESTMENT PROCESS The research and investment process has been reviewed and approved by the Key Employee Investment Committee of the employees and Investment Committee of the Board. The Committees would oversee and review the investment process on an ongoing basis. All the statutory regulations including the SEBI & RBI Act, Regulations, guidelines and circulars issued from time to time would be adhered to. The investment decisions of the Scheme will be carried out by the Designated Fund Manager. The performance of the Schemes would be periodically reviewed by the Board of Directors of the AMC & the Trustee. A comprehensive Investment & Risk Policy and Procedures for investment in Fixed Income instruments has been put in place which governs the Investment Process. The Investment process is systematic, disciplined and research driven. All the investment decisions are arrived at after using a well-researched Top-Down Team and the Designated Fund Manager. approach carried out by the Investment The research process combines the macro factors (broad economy) and micro factors (security level) for investment decisions. A brief description of the Top Down approach is as follows: 26

28 Analysis of long term macro-economic indicators GDP, inflation, monetary & fiscal policy and currency Forecast the direction and the level of interest rates Micro Analysis - Company and Instrument analysis Credit Research, Market Research, Spreads and Liquidity Analysis The macro & micro analysis narrows down to a list of securities based on the investmentt objectives and risk parameters Portfolio Construction Maturity profile, credit profile and risk (duration, liquidity) profile Credit Rating Analysis Minimum Investment grade Forecast the direction and the level of interest rates Company Analysis Proprietary credit analysis qualitative management assessment, fundamental factors, forecasts The macro & micro analysis narrows down to a list of buyable credits for portfolio selection Portfolio Selection Selection based on liquidity, yields, spreads and relative value 27

29 PORTFOLIO CONSTRUCTION: The Fund follows a top down (Macro Micro) approach to build its portfolio. The Investment Team takes a view on the direction of interest rates on the basis of its analysis of long term factors and on the choice of security based on its micro analysis. Thus the macro and micro investment analysis leads to an efficient portfolio with regard to the following aspects: Maturity profile Credit quality Spread differential to its benchmark Liquidity Holding period Risk Profile (Average Maturity, Modified Duration ) RECORDING OF INVESTMENT DECISIONS The Fund Manager for the Scheme is responsible for making buy/sell decisions in respect of the securities. The investment decisions are made on a daily basis keeping in view the market conditions and all other relevant aspects. The Chief Executive Officer is not involved in the investment decision making process. Record of all investment decisions will be maintained with justifications for the same as required under the regulations. It is the responsibility of the AMC to ensure that the investments are made as per the internal / Regulatory guidelines, Scheme s investment objective and in the best interest of the Unit holders of the Scheme. All investment decisions shall be recorded in terms of SEBI Circular no MFD/CIR/6/73/2000 dated July 27, 2000 or as may be revised by SEBI from time to time. PORTFOLIO TURNOVER Portfolio turnover in the Scheme will be a function of market opportunities. The economic environment changes on a continuous basis and exposes debt portfolioo to systematic as well as non-systematic risk. The Scheme being an open-ended Scheme, it is expected that there would be a number of subscriptions and redemptions on a daily basis. Consequently, it is difficult to estimate with any reasonable measure of accuracy, the likely turnover in the portfolio. The Fund Manager will endeavor to optimize portfolio turnover to optimize risk adjusted return keeping in mind the cost associated with it. A high portfolio turnover rate is not necessarily a drag on portfolio performance and may be representative of arbitrage opportunities thatt exist for scrips/securities held in the portfolio ratherr than an indication of a change in AMC s view on a security, etc. The Investment Team would strive to keep the portfolio turnoverr at lower levels, but would take advantage of investment opportunities in the markets. PERFORMANCE MEASUREMENT AND REPORTING The Key Employee Investment Committee of the AMC at its regular meeting shall review performance of the Scheme, compliance of the various investment restrictions and compliance with the investment objectives stipulated in the Scheme Information Document and all other applicable SEBI Regulations. The AMC and Trustees shall also review the performance of the scheme at their periodical Board Meetings. The performance would be compared with the performance of the Benchmark and with peer group in the industry. The CEO/Fund Manager will make presentations to the Board of the AMC and the Trustees periodically, indicating the performance of the Scheme. The Fund will adopt Crisil Composite Bond Fund Index as the benchmark for the Scheme. Among other things, the Board of AMC and Trustee will review the performance of the Scheme in comparison to the benchmark. The Trusteess reserve the right to change the benchmark for evaluation of performance of the Scheme from time to time in conformity with the Investment objectives and appropriateness of the benchmark subject to SEBI Regulations, and other prevailing guidelines, if any. The CEO/Fund Manager will bring to the notice of the AMC Board, specific factors if any, which are impacting 28

30 the performance of the Scheme. The Board on consideration of all relevant factors may, if necessary, give appropriate directions to the AMC. Similarly, the performance of the Scheme will be submitted to the Trustees. The CEO/Fund Manager will explain to the Trustees, the details on the Schemes' performance visand the AMC à-vis the benchmark returns. The Trustees Board may also review the performance of the schemes in the light of performance of the mutual funds industry as published from time to time by independent research agencies and financial newspapers and journals and may take corrective action in case of unsatisfactory performance. The Scheme performance would also be measured on a risk adjusted basis against its peers. INVESTMENT BY AMC IN THE SCHEME The AMC may invest in the Scheme subject to the SEBI Regulations and circulars issued by SEBI and to the extentt permitted by its Board of Directors from time to time. As per the existing Regulations, the AMC will not charge investmentt management and advisory fee on the investment made by it in such schemes. F. FUNDAMENTAL ATTRIBUTES Following are the Fundamental Attributes of the scheme, in terms of Regulation 18 (15A) of the SEBI (Mutual Funds) Regulations: (i) Type of a scheme An Open Ended Debt Scheme with Defined Credit Exposure and Dynamic Maturity Profile (ii) Investment Objective (a) Main Objective The investment objective of the Scheme is to generate income and capital appreciation through active management of a portfolio consisting of short term and long term debt and money market instruments. The indicative portfolio break-up with minimum and maximumm asset allocation is detailed in the section HOW WILL THE SCHEME ALLOCATE ITS ASSETS? in this document. (iii) Terms of Issue a) Liquidity provisions such as listing, repurchase, redemption. The Scheme is open ended Debt Scheme with Purchase and Redemption of Units on any Business Day. The Units of the Schemee are not proposed to be listed on any stock exchange. However, the Mutual Fund may at its sole discretion list the Units of the Scheme on one or more stock exchanges at a later date. The procedure for repurchase/redemption is as set out in the repurchase/redemption of Units in Section III B of this SID. b) Aggregate fees Scheme. and expenses charged to the Aggregate fees and expenses charged to the Scheme are set out in Section IV, Paragraph B which is as permitted by the SEBI Regulations. c) The Scheme is not a guaranteed or assured return scheme and hence no safety net or guarantee is provided. In accordance with Regulation 18(15A) of the Regulations, the Trustees shall ensure that no change in the fundamental attributes of the Scheme and the Plan(s) / option(s) thereunder or the trust or fee and expenses payable or any other change which would modify the Scheme and the Plan(s) / option(s) thereunder and affect the interests of Unit Holders is carried out unless: A written communication about the proposed change is sent to each Unit Holder and an advertisement is given in one English daily newspaper having nationwide circulation as well as (b) Investment pattern 29

31 in a newspaper published in the language of the region where the Head Office of the Mutual Fund is situated; and The Unit Holders are given an option for a period of 30 (thirty) days to exit at the prevailing NAV without any Exit Load. G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE? The Benchmark Index for the Scheme is the Crisil Composite Bond Fund Index. Performance comparisons for the Scheme will be made vis-à-vis the Benchmark. The Crisil composite bond fund index is a benchmark for a composite bond portfolio that includes CBLO, certificate of deposit, commercial paper, government securities and AAA and AA rated instruments. The Quantum Dynamic Bond Fund will invest in all the above instruments across the maturity curve and thus the Crisil Composite Bond Fund Index would be an ideal benchmark for the Scheme. The Trustee reservess the right to change benchmark in future for measuring performance of the scheme in conformity with investment objective of the Scheme subject to SEBI Regulations. H. WHO MANAGES THE SCHEME? Name of the Fund Manager Age Educational Qualifications Experience Mr. Murthy Nagarajan 45 years PGDBA, ICWA (Inter) M.Com Collectively over 20 years of experience in mutual fund industry with around 14 years of experience in fund management covering various Debt schemes and Debt portion of Hybrid schemes. Mr. Murthy Nagarajan is also the Fund Manager Quantum Liquid Fund. I. WHAT ARE THE INVESTMENTT RESTRICTIONS? Pursuant to the Regulations and amendments thereto, the following investment restrictions are presently applicable to the Scheme: 1. The Scheme shall not invest more than 15% of its NAV in debt instruments issued by a single issuer rated not below investment grade by a credit rating agency authorized to carry out such activity under the Securities and Exchange Board of India Act, 1992 and this limit may be extended to 20% of the NAV of the Scheme subject to priorr approval of the Board of the Trustee and the AMC. Provided that such limit shall not be applicable for investments in Government securities. 2. In case of investment in money market instruments, the Scheme shall not invest more that 30% of its net assets in Money Market Instruments issued by a single issuer. Such limit shall not be applicable to investment in Government securities, treasury bills and collateralized borrowing and lending obligations. 3. Transfers of investments from one scheme to another schemee in the same mutual fund shall be allowed only if: a. such transfers are done at the prevailing market price for quoted instruments on spot basis (spot basis shall have the same meaning as specified by a Stock Exchange for the spot transaction); and transfers of unquoted securities will be made as per the policy laid down by the Trustee from time to time; and 30

32 b. such transfer shall be in conformity with the investment objective of the Scheme to which such transfer has been made 4. The Scheme may invest in another scheme under the same AMC or any other mutual fund without charging any fees, provided that aggregate inter- scheme investment made by all schemes under the same management or in schemes under the management of any other asset management company shall not exceed 5% of the net asset value of the Fund. 5. The Scheme shall not make any investment in any Fund of Funds scheme. 6. The Scheme shall take delivery of securities purchased and give delivery in case of securities sold and in no case shall engage in short selling or carry forward transactions. 7. The Fund shall get the securities purchased/ transferred in the name of the Fund on account of the concerned scheme, wherever the instruments are intended to be of long term nature. 8. Pending deployment of funds of the Scheme in securities in terms of the investment objectives of the Scheme, the AMC can invest the funds of the Scheme in short-term deposits of scheduled commercial banks. The investments in short term deposits of scheduled commercial banks will be reported to the trustees along with the reasons for the investment which, inter alia, would include comparison with the interest rates offered by other scheduled commercial banks. Further, Quantum AMC will ensure that the reasons for such investments are recorded in the manner prescribed in SEBI Circular MFD/CIR/6/73/2000 dated July 27, 2000 and such investments in short- term depositss are made in line with SEBI Circular SEBI/IMD/CIR No. 1/ /07dated April 16, 2007 and Circular dated June 23, 2008 or such other guidelines that SEBI may issue from time to time. 9. The Scheme shall not make any investment in : - a. any unlisted security of any associate or group company of the Sponsor; or b. any security issued by way of private placement by an associate or group company of the sponsor; or c. The listed securities of group companies of the Sponsor which is in excess of 25% of the net assets. 10. In case any company has invested more than 5% of the net asset value of this Scheme, the investment made by the Scheme or by any other scheme of The Mutual Fund in that company or its subsidiaries, if any, shall be brought to the notice of the Trustees by AMC and be disclosed in the half-yearly and annual accounts with justification for such investment provided that the latter investment has been made within one year of the date of the former investment calculated on either side. 11. No loans for any purpose can be advanced by the Scheme. 12. The scheme shall not invest in securities of a particular sector in excess of 30% of net assets of the Scheme as per sectoral classification prescribed by AMFI. Provided that an additional investment to Financial services sector (over and above the limit of 30%) not exceeding 10% of the net assets of the scheme shall be allowed by way of increase in exposure to Housing Finance Companies (HFCs) only. Provided furtherr that the additional investment to such securities issued by HFCs are rated AA and above and these HFCs are registered with National Housing Bank ( NHB) and the total investment in HFCs shall not exceed 30% of the net assetss of the scheme. Further provided that the above sectoral limit is not applicable for: AAA rated instruments of PSU Banks rated instruments of Public Institutions (PFIs). and AAA Financial 31

33 CBLOs Bank Certificate of Deposits Government of India securities Treasury Bills. 13. All the Scheme s investments will be in transferable securities or in money at call or any such facility provided by RBI in lieu of call. 14. All investment restrictions stated above shall be applicable at the time of making investment. investments of Mutual Funds from time to time. The Trustees may alter the above restrictions from time to time to the extentt that changes in the Regulations may allow and/or as deemedd fit in the general interest of the Unitholders. Modifications, if any, in the Investment Restrictions on account of amendments to the Regulations shall supersede/override the provisionss of the Trust Deed. J. HOW HAS THE SCHEME PERFORMED? This Scheme is a new Scheme and does not have any performance track record. 15. The Scheme will comply with SEBI regulations and any other Regulations applicable to the 32

34 SECTION III UNITS AND OFFER This section provides details you need to know for investing in the scheme. A. NEW FUND OFFER (NFO) New Fund Offer Period This is the period during which a new Scheme sellss its units to the investors NFO opens on: April 29, 2015 NFO closes on: May 13, 2015 NFO re-opens on / NFO re-opens not later than : May 25, 2015 The subscription list may be closed earlier by giving at least one day s notice in one daily newspaper. The Trustee/AMC reserves the right to extend the closing date of the New Fund Offer Period, subject to the condition that the subscription list of the New Fund Offer Period shall not be kept open for more than 15 days. New Fund Offer Price: This is the price per unit that the investors have to pay to invest during the NFO. Minimum Amount for Application during the NFO The New Fund Offer price of Units of the scheme will be Rs. 10 per Unit. (a) (b) (c) Growth Option - Rs. 500/-and in multiples of Rs.1/- thereafter. Monthly Dividend Payout Option - Rs. 500/-and in multiples of Re.1/- thereafter. Monthly Dividend Re-investment Option - Rs. 500/-and in multiples of Re.1/- thereafter. Minimum Target amount Rs. 20, 00, 00,000 (Rupees Twenty crore)/- during the New Fund Offer Period. This is the minimum amount required to operate the scheme and if this is not collected during the NFO period, then all the investors would be refunded the amount invested without any return. However, if AMC fails to refund the amount within 5 Business days, interest as specified by SEBI (currently 15% p.a.) will be paid to the investors from the expiry of 5 Business days from the date of closure of the NFO period. Maximum amount to be raised (if There is no maximum amount to be collected under the Scheme during the any) NFO period. Plans / Options offered The Scheme offers three Options, (a) Growth Option; (b) Monthly Dividend Payout Option; 33

35 (c) Monthly Dividend Re-investment Option. (a) Growth Option Dividends will not be declaredd under this Option. The income attributable to Units under this Option will continue to remain invested and will be reflected in the Net Asset Value of Units under this Option. (b) Monthly Dividend Payout Option In the Monthly Dividend Payout Option, the Fund willl endeavour regular Dividends on a monthly basis. to declare Dividend will be declared on every 25th of the month or on the next Business Day if 25 th of the month is not a Business Day. The dividend declared will be paid to the Unitholders within 30 days from the declaration of the Dividend though the Fund endeavors to pay the Dividend proceeds within 3 (three) Business Days. If the dividend payable to the Unitholder is less than or equal to Rs. 100/-, then the dividend will be compulsorily reinvested in the Option. Dividend will be distributed from the available distributable surpluss after the deduction of TDS and applicable surcharge, if any. (c) Monthly Dividend Re-investment Option In the Monthly Dividend Reinvestment Option, the Fund will endeavour to declare regular Dividends on a Monthly basis. The Dividend declared under this Option would be re-invested to the credit of the Unitholder s account at the ex-dividend NAV by way of additional Units of the Scheme and no Dividend payout will take place. The Dividend so reinvested shall be constructive payment of Dividend to Unitholders and constructive receipt of the same amount from each Unitholder for reinvestment in Units. The amount of Dividend re-invested will be net of tax deducted at source, wherever applicable. On reinvestment of Dividends, the number of Units to the credit of Unitholder will increase to the extent of the Dividend reinvested based on the Applicable NAV as explained above. Please note that the Dividend is subject to availability of distributable surplus, if any. There is no assurance or guarantee to Unitholders as to the rate of Dividend distribution nor that the Dividends will be regularly paid, though it is the intention of the Mutual Fund to make regular Dividend distribution under this Option. Note: Investors should indicate the Option for which the subscription is made 34

36 by indicating the choice in the appropriate box providedd for this purpose in the Application Form. In case of valid applications received, without indicating any choice of Option, it will be considered as opted for Growth Option and processed accordingly. Presently, the Scheme does not offer any Plan. Dividend Policy Allotment The Trustees reserves the right to introduce a new Option/ Plan at a later date, subject to the SEBI Regulations. The Trustee proposes to follow the following dividend distribution policy: In terms of SEBI Circular No. 1/ /64057/06 dated April 4, 2006, the Trustees shall fix the quantum of dividend and the record date. The AMC shall, within one calendar day of the decision by the Trustee, issue notice to the public, communicating the decision, including the record date. The record date shall be 5 calendar days after the issue of notice and issued in accordance with the terms of the Circular. Declaration of dividend is subject to the availability of distributable surplus. It must be distinctly understood that the actual declaration of dividends under the Scheme and the frequency thereof will, inter-alia, dependd upon the distributable surplus of the Scheme. There is no assurance or guarantee to Unitholders as to the rate of dividend distribution nor will that dividend be regularly paid. The dividend that may be paid out of the net surplus of the Scheme will be paid only to those Unitholders whose names appear in the register of Unitholders on the notified record date. Unitholders are entitled to receive dividend within 30 days of the date of declaration of the dividend. However, the Mutual Fund will endeavour to make dividend payments sooner to Unitholders. On distribution of dividend, the NAV will stand reducedd by the amount of dividend distributed and statutory levy, if any, at the close of business hours on record date. The requirement of giving notice shall not be applicable under Monthly dividend payout option and Monthly dividend re-investment option. All the Applicants whose cheques / subscription amount towards purchase of Units have been realised will receive a full and firm allotment of Units, provided that the applications are complete in all respects and are found to be in order. The Trustee retains the sole and absolute discretion to reject any application. The process of allotment of Units in demat or physical mode (as opted by the investor / unit holder in the application form) and sending of allotment confirmation by way of and / or Short Messaging Service (SMS) (if the mobile number is not registered under Do Not Call Registry) specifying the number of units will be completed within 5 Business Days from the date of closure of the NFO period. The said allotment confirmation will be sent to the investors / unit holders registered address and / or mobile number. The allotment details shall get reflected in the Consolidated Account Statement (CAS) sent by / mail on or before 10th of the succeeding month. 35

37 Consolidated Account Statement (CAS): i. ii. iii. iv. v. Thereafter, a Consolidated Account Statement (CAS) for each calendar month shall be sent by mail / on or before 10th of the succeeding month to the investors / unit holders in whose folios transactions have taken place during the month. The CAS shall contain details relating to all the transactions carried out by the investor / unit holder across all schemes of all mutual funds during the month and holding at the end of the month. Such transactions shall include purchase, redemption, switch, dividendd payout, dividend reinvestment, systematic investment plan, systematic withdrawal plan, systematic transfer plan and bonus transactions. For the purpose of sending the CAS, common investors / unit holders with same holding pattern of the folio across mutual funds shall be identifiedd by their Permanent Account Number (PAN). In case of a specific request received from the Investors / unit holders, the AMC/ /Fund will provide the account statement to the investors / unit holders within 5 Business Days from the date of receipt of such request. The CAS shall not be received by the investorss / Unit holders for the folio(s) not updated with PAN details. The investors /unit holders are thereforee requested to ensure thatt the folio(s) are updated with their PAN. In the event of the folio is having more than one registered / joint holders, the CAS shall be sent to the first named investor / unit holder and not to other registered / joint holders. The investor may request for a physical Account Statement by writing / calling to the AMC / Investor Servicee Center / Registrar & Transfer Agent. The AMC and Mutual Fund shall provide the physical Account Statement to the investor within 5 Business Days from the receipt of such request without any charges. Investors holding units in demat mode: Please note that the statement of holding of the beneficiary account holder for units held in Demat will be sent directly by the respective Depository Participants periodically and the same would be deemed to be adequate compliance with the requirements of SEBI regarding dispatch of Statements of Accounts. 36

38 Allotment of units to NRIs / FIIs will be subject to RBI approval, if any. Refund Who can invest This is an indicative list and you are requested to consult your financial advisor to ascertain whether the scheme is suitable to your risk profile. If the Scheme fails to collect the minimum subscription amount of Rs. 20,00,00,000 (Rupees Twenty Crore only), the Mutual Fund shall be liable to refund the money (without interest except as provided below) to the applicants. If application is rejected, full amount will be refundedd within 5 Business Days of closure of NFO. If refunded later than 5 Business Days, 15% p..a. for delay period will be paid and charged to the AMC. The following persons are eligible and may apply for subscription to the Units of the Scheme (subject, wherever relevant, to purchase of Units of mutual funds being permitted under relevant respective constitutions): statutory regulations and their 1. Resident adult individuals either singly or jointly (not exceeding three); on an Anyone or Survivor basis; A Hindu Undivided Family (HUF), through its Karta; Public Sector Undertakings, Association of Persons or a individuals whether incorporated or not; Minors through parent/legal guardian; Partnership Firms; & Limited Liability Partnerships (LLP) ; body of Companies, Bodies Corporate and societies registered under the Societies Registration Act,1860; Banks & Financial Institutions; Mutual Funds registered with SEBI; / Alternative Investment Funds registered with SEBI; Religious and Charitable Trusts, Wakfs or endowments of private trusts (subject to receipt of necessary approvals as required) and Private trusts authorised to invest in mutual fund schemes under their trust deeds; Non-Resident Indians (NRIs/) Persons of Indian origin residing abroad (PIO) on repatriation basiss or on non-repatriation basis; Foreign Institutional Investors (FIIs) registered with SEBI on repatriation basis; 12. Foreign Portfolio Investors (FPI) registered with SEBI on repatriation basis 37

39 Army, Air Force, Navy and other para-military Units and bodies created by such institutions; Scientific and Industrial Researchues Corporate incorporated outside India with the permission of Government of India/Reserve Bank of India; 15. Other schemes of Quantum Mutual Fund subject limits prescribed by SEBI Regulations; to the conditions and Trustee, AMC or Sponsor or their associates may subscribe to Units under the Scheme; Such other individuals/ institutions/body corporate etc., as may be decided by the Mutual Fund from time to time, so long as wherever applicable they are in conformity with SEBI Regulations. WHO CANNOT INVEST? It should be noted that the following persons cannot invest in the Scheme: Any person who is a foreign national. Non-Resident Indians residing in the United States of America and Canada or an FATF (Financial Action Task Force) non-compliant country/ /territory. Qualified Foreign Investors (QFI) The Fund reserves the right to include/exclude new/ /existing categories of Investors to invest in the Scheme from time to time, subject to the SEBI Regulations and other prevailing statutory regulations, if any. Note: 1. In case of application under a Power of Attorney or by a limited company or a corporate body or an eligible institution or a registered society or a trust fund, the original Power of Attorney or a certified true copy duly notarised or the relevant resolution or authority to make the application as the case may be, or duly notarised copy thereof, alongwith a certified copy of the Memorandum and Articles of Association and/or bye -laws and/or trust deed and/or partnership deed and Certificate of Registration should be submitted. The officials should sign the application under their official designation. A list of specimen signatures of the authorised officials, duly certified/attested should also be attached to the Application Form. In case of a Trust/Fund it shall submit a resolution from the Trustee(s) authorising such purchasess and Repurchase/Redemptions. Applications failing to fulfilll the above-stipulated conditions are liable to be rejected. 38

40 2. Returned cheques are not liable to be presented again for collection, and the accompanying application forms are liable to be rejected. In case the returned cheques are presented again, the necessary charges, if any, are liable to be debited to the Investor. 3. No request for withdrawal of application made during the New Fund Offer Period will be entertained 4. RBI has vide Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, granted a general permission to NRIs/Persons of Indian Origin residing abroad (PIOs) and FIIs for purchasing/repurchasing/redeeming Units of the mutual funds subject to conditions stipulated therein. All cheques and bank draft accompanying the application form should contain the application form number on its reverse side. It is mandatory for every applicant to provide the bank, branch, address, account type and number as per SEBI requirements and any Application Form without these details will be treated as incomplete. Such incomplete application will be rejected. Where can you submit the filled up During the NFO period the applications complete in all respects, can be applications submitted at Collection Centers / ISCs / Official Points of Acceptance, details as mentioned below: Quantum Asset Management Company Private Limited 505, Regent Chambers, Nariman Point, Mumbai Or its Center details mentioned on back cover page of the SID. 5th Floor, Collection The existing Investor who is registered with the AMC can invest through Electronic Mode - Website, Electronic Mail ( ), with Attachment, Fax, Fax Through Electronic Mail (Fax ), Short Messaging Services (SMS), WhatsAPPP Messenger and Web Transaction Without Login. Please refer SAI for the details terms and conditions for transactions through Electronic Mode. Investors can invest in the Scheme by making switch from other schemes (other than exchange traded fund) of Quantum Mutual Fund. Investors can also purchase units of the Scheme during NFO by placing an order with the members (stock brokers) of stock exchanges / clearing members. These members (stock brokers) / clearing members would be availing the platform mechanism provided by the stock exchanges for placing an order for purchase / redemption of units of the Scheme. Investors may purchase units during NFO through the Stock Exchange Infrastructure. In order to facilitate transactions in mutual fund units BSE 39

41 has introduce BSE STAR MF Plat form and NSE has introduce Mutual fund service system (MFSS). Please refer SAI for detailed process on subscription / redemption of units of the schemes through stock exchange mechanism. Investor may purchase units of the Scheme during NFO through Mutual Fund Utility India Private Limited (MFUI) platform either electronically on as and when such a facility is made available by MFUI or physically through the authorized Points of Service ( POS ) of MFUI with effect from the respectivee dates as published on MFUI website against the POS locations. Option to hold units in Dematerialized Mode Application Supported by Blocked Amount (ASBA) Facility will be provided to the investors subscribing to NFO of the Scheme. It shall co-exist drafts are used as a with the existing process, wherein cheques / demandd mode of payment. The unit holders are given an option to hold the units in physical mode or in dematerialized mode. How to Apply Listing Special Products the NFO available during The Investor intending to hold the units in dematerialized mode will be required to have a beneficiary account with a Depository Participant and will be required to mention the DP's Name, DP ID No. and Beneficiary Account No. with the DP in the application form at the time of subscription / additional purchase of the units of the Scheme. It may be noted that in case of option to hold units in dematerialized mode under Systematic Investment Plan (SIP), the units will be credited to Investor's demat account on weekly basis on every Monday subject to realization of funds in the last week. For e.g. Units will be credited to investor's demat account on following Monday for realization status of funds received in the last week from Monday to Friday. It may be noted that the facilities viz. Switch in and out, Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) are currently not available in the dematerialized mode. Please refer to the SAI and Application form. It is not proposed to list the units issued under this scheme. However, the Mutual Fund may at its sole discretion list the Units on one or more stock exchanges at a later date. Systematic Investment Plan is not available during the New Fund Offer Period Switching Options The Unit holders will be able to invest during the New Fund Offer Period by switching part or all of their investmentss held in respective options of the 40

42 existing scheme of Quantum Mutual Fund subject to terms and conditions of the respective scheme. The policy regarding reissue of repurchased units, including the maximum extent, the manner of reissue, the entity (the Scheme or the AMC) involved in the same. Restrictions, if any, on the right to freely retain or dispose off units being offered Presently, AMC does not intend to re-issue the units once redeemed. The number of units held by the unit holder in demat mode or in physical mode will stand reducedd by the numbers of units redeemed. In conformity with the guidelines and notifications issued by SEBI / government of India / any other Regulatory Agencies from time to time, as applicable, Units under the Scheme may be offered as security by way of a lien / charge in favour of scheduled banks, financial institutions, non-banking finance companies, or any other body. The Registrar will note and record the lien against such Units. A standard form for this purpose is available. The Unit Holder will not be able to redeem / switch Units under lien until the lien holder provides written authorisation to the AMC/ /Mutual Fund/Registrar that the lien is discharged. As long as Units are under lien, the lien holder will have complete authority to exercise the lien, thereby redeeming such Units and receiving payment proceeds. In such instance, the Unit Holder will be informed by the Registrar through an account statement.. Dividends declared on units under lien will be paid / reinvested to the credit of the Unit Holder and not the lien holder unless specified otherwise in the lien letter. The Units of the Scheme (except the units held in dematerialized mode since they are governed under SEBI (Depository and Participants) Regulations, 1996) are currently not transferable. The Trustee reserves the right to make the Units transferable at a later date subject to the Regulation.. Any addition / deletion in respect of joint holdings other than the first holder and/ or addition of names to a single holding will be permitted under any folio of the scheme and this will not be deemed to be in the nature of transfer. Any addition / deletion of names shall not be allowed where the units are subject to lien / pledged / charge. However, the deletion of names in case of death of the first named unit holder (in respect of joint holdings) will be treated as transmission of units. B. ONGOING OFFER DETAILS Ongoing Offer Period This is the date from which the scheme will reopen for subscriptions/redemptions after the closure of the NFO period. The Scheme will offer Units for Purchase and Redemption at Applicable NAV on every Business Day on an ongoing basis commencing not later 5 Business Days from the date of allotment. Ongoing price for subscription At the applicable NAV 41

43 (purchase)/switch-in schemes/plans of the mutual fund) by investors. This is the price you need to pay for purchase/switch-in. (from other Ongoing price for redemption (sale) /switch outs (to other schemes /plans of the Mutual Fund) by investors. This is the price you will receive for redemptions /switch outs. Example: If the applicable NAV is Rs. 10/-, exit load is 2% then redemption price will be: Rs. 10/-* (1-0.02) = Rs. 9.80/- Cut off timing for subscriptions/ redemptions/ switches This is the time beforee whichh (complete your in all application respects) should reach the official points of acceptance At the applicable NAV, subject to the prevailing exit load. The cut-ofredemptions and switch-outs to be made at the Investor Service Centres/ Official Points of Acceptance from time to time are as per the details given times for determining Applicable NAV s for subscription, below: SUBSCRIPTION/PURCHASE INCLUDING SWITCH-INS:- 1. Purchases / Switch-in for an amount of Rs.2 lakh and above: a. In respect of valid application received before 3.00 p.m. on a Business Day with NEFT / Fund Transfer / Local Chequee / Demand Draft payable at par at the place where it is received /Cash Card/ Debit Card/ IMPS / RTGS / One Time Mandate NACH and funds for the entire amount of subscription/ purchase as per the application are credited to the bank account of the Scheme and are available for utilization before the cut-off time ( 3.00 p.m.), the closing NAV of the day on which the funds are available for utilisation shall be applicable; b. In respect of valid application received after 3.00 p.m.. on a Business Day with NEFT / Fund Transfer / Local Chequee / Demand Draft payable at par at the place where it is received /Cash Card/ Debit Card/ IMPS / RTGS / One Time Mandate NACH and funds for the entire amount of subscription / purchase as per the application are credited to the bank account of the Scheme and available for utilization beforee the cut-off time (3.00 p..m.) of the next Business Day, the closing NAV of the next Business Day shall be applicable; 42

44 c. However, irrespective of the time of receipt of application, where the funds are not available for utilisation on the day of the application, the closing NAV of the Business Day on which the funds are available for utilisation beforee the cut-off time (3:00 p.m.) shall be applicable, provided the application is received prior to availability of the funds. 2. Purchases/switch-in for amount of less than Rs 2 lakh: a. Where the application is received upto 3.00 pm on a Business Day with NEFT / Fund Transfer / Local Cheque / Demand Draft payable at par at the place wheree it is received /Cash Card/ Debit Card/ IMPS / RTGS / One Time Mandate NACH closing NAV of the day of receipt of application shall be applicable; b. Where the application is received after 3.00 pm on a Business Day with with NEFT / Fund Transfer / Local Chequee / Demand Draft payable at par at the place where it is received /Cash Card/ Debit Card/ IMPS / RTGS / One Time Mandated NACH - closing NAV of the next Business Day shall be applicable; and c. Where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it is received closing NAV of day on which the funds for the cheque or demand draft is credited to the account of Scheme shall be applicable. Applicable NAV in case of Multiple applications: In case of multiple applications received on the same day under the Scheme from the same investor (identified basis the First Holder s PAN and Guardian s PAN in case of investor being Minor) with investment amount aggregatingg to Rs 2 lakh and above, such multiple applications will be considered as a single application and applicable NAV will be based on funds available for utilization. All transactions as per conditions given below shall be aggregated and closing NAV of the day on which funds are available for utilization shall be applied where the aggregated amount of the investmentt is Rs.2.00 lakh and above. a. All transactions received on the same day (as per Time stamp rule). b. Transactions to include purchases, additional purchases, excluding Switches, SIP/STP. c. Aggregations to be done on the basis of investor/s PAN. In case of joint holding, transactions with similar holding structures to be aggregated, similar to the principle applied for compilation of Consolidated Account Statement (CAS). 43

45 d. All transactions to be aggregated where investor holding pattern is same as stated above, irrespective of whether the amount of the individual transaction is above or below Rs 2 lakh. e. The transactions will be clubbed at option level. f. Transactions in the name of minor received through guardian should not be aggregated with the transaction in the name of same guardian. REDEMPTIONS INCLUDING SWITCH OUTS: 1. In respect of valid applications received upto 3 p.m. on a Business Day - the closing NAV of the day of receipt of application, shall be applicable. 2. In respect of valid applications received after 3 p.m. on a Businesss Day - the closing NAV of the next Business Day shall be applicable. Where can the applications for purchase/redemption switches be submitted? Applications complete in all respects, can be submitted at: 1. Karvy Computershare Private Limited, Karvy Registry House, H.No , Avenue 4, Street No. 1, Banjara Hills, Hyderabad or its Investor Services Center/ Collection Center details mentioned on back cover page of this SID. 2. Investors can purchase / redeem units of the Scheme through an online website of Karvy Computershare Private Limited by opening an account on Karvy Website. 3. Quantum Asset Management Company Private Limited 505, 5th Floor, Regent Chambers, Nariman Point, Mumbai or its collection center details mentioned on back cover page of SID; 4. Investors can purchase / redeem units of the Scheme through Electronic Mode - Website, Electronic Mail ( ), with Attachment, Fax, Fax Through Electronic Mail (Fax ), Short Messaging Services (SMS), WhatsAPP Messenger, Web Transaction Without Login and other Electronic Mode as may be permitted and notify by the AMC from time to time. Please referr SAI for the details terms and conditions for transactions through Electronicc Mode. 5. Investors can invest in the Scheme by making switch from other schemes (other than exchange traded fund) of Quantum Mutual Fund. 44

46 6. In order to facilitate transactions in mutual fund units BSE has introduce BSE STAR MF Plat form and NSE has introduce Mutual Fund Service System (MFSS).Investors can purchase/redeem units of the Scheme by placing an orderr for purchase/redemption with the members (Stock Broker) / clearing members of stock exchanges/distributors. These members (Stock Brokers) / clearing members would be availing the platform / mechanism provided by the stock exchanges for placing an order for purchase / redemption of units of the Scheme through Stock Exchange Infrastructure. Pleasee refer SAI for detailed process on subscription / redemption of units of the scheme through stock exchange mechanism. 7. Investors can drop the subscription application(s) in the Drop Boxes having the logo of QMF available at various locations such as Housing Societies / Railway Stations / Airports / ATM's of the Bank as disclosed on the website / from time to time. Please refer SAI for detailed terms and conditions for the Drop Box Facility 8. Investors can get their subscription application(s) collected through "Pickup Facility" as may be arranged by the AMC through various Pick-up service provider(s). Under this Pick-up Facility, Investors can call the Toll Free helpline of the AMC for arrangingg pick-up of the subscription application at various locations which is disclosedd on the website / Please refer SAI for detailed terms and conditions for the Pick-up Facility. 9. Investors can purchase / redeem units of the Scheme through Mutual Fund Utility India Private Limited (MFUI) platform either electronically on as and when such a facility is made available by MFUI or physically through the authorized Points of Service ( POS ) of MFUI with effect from the respectivee dates as published on MFUI website against the POS locations. Please refer SAI for detailed terms and conditions for transactions through MFUI platform. Minimum Amount for purchase / redemption / switches Option to hold units in Dematerialized Mode Initial purchase : Rs. 500 /- and in multiples of Re. 1 thereafter Additional Purchase : Rs. 500 /- and in multiples of Re.1 thereafter / 50 units Redemption / Switches: Rs.500 /- and multiple of Re.1 thereafter OR accounting balance whichever is less / 50 units. The unit holders are given an option to hold the units in physical mode or in dematerialized mode. The Investor intending to hold the units in dematerialized mode will be required to have a beneficiary account with a Depository Participant and will be required 45

47 to mention the DP s Name, DP ID No. and Beneficiary Account No. with the DP in the application form at the time of subscription / additional purchase of the units of the Scheme. It may be noted that in case of option to hold units in dematerialized mode under Systematic Investment Plan (SIP), the units will be credited to Investor s demat account on weekly basis on every Monday subject to realization of funds in the last week. For e.g. Units will be credited to investor s demat account on following Monday for realization status of funds received in the last week from Monday to Friday. Minimum balance to be maintained and consequencess of non-maintenance. It may be noted that the facilities viz. Switch in and out/ Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) are currently not available in the dematerialized mode. Investors may note that the AMC at its sole discretion may close a Unitholder's account after giving notice of 30 days, if at the time of any part Repurchase, the value of balance Units (represented by the Units in the Unitholder's account if such Repurchase/Redemption/Switch were to take place, valued at the applicable Repurchase/Redemption Price), falls below the minimum amount of Rs. 500/-. The AMC may process the continuous request of Systematic Transfer Plan (STP) / Systematic Withdrawal Plan (SWP) considering such request as redemption request even if the minimum amount falls below Rs.500/ - and may result in closure the investor account which the AMC may do at its sole discretion. Special Products available The AMC may accept the request of the investor for Switch / Transferr of all units from the Schemee even if the minimum amount fall below Rs.500/- to the Transfereee Scheme even if the amount of all units being switched / transferred in the Transferee Scheme will be less than the minimumm amount which is required to be invested as per the respective Scheme Information Document of the Scheme(s) of the Transferee Scheme and close the investor account in the Scheme at its sole discretion. The Scheme shall offer the following facilities on an going basis: 1. Systematic Investment Plan (SIP) This facility enables investors to save and invest periodically over a long period of time. Frequencies Available Under SIP Daily Weekly Fortnightly Monthly Quarterly Minimumm Rs. 100/- Rs. 500/- Rs. 500/- Rs. 500/- Rs. 500/- Amount and in and in and in and in and in multiples multiples multiples multiples multiples of Re. 1/- of Re. 1/- of Re. 1/- of Re. 1/- of Re. 1/- 46

48 Minimumm No. of Installments Instructions Frequency of dates thereafte r 132 thereafter 25 thereafter 13 thereafter 6 Daily : All Business Days Weekly: 7,15,21,28 Fortnightly: 5 & 21 OR 7 & 25 Monthly / Quarterly : 5,7,15,21, 25,28 thereafter 4 1. The investor needs to provide the first cheque / Demand Draft with the SIP application form. The date of the first cheque shall be the same as the date of the application. The remaining payment instructions / cheque can be on any dates of the month as specified in the SIP application form. 2. The applicable NAV in such first sale shall be the NAV based on the date and time of receipt of application along with the cheque. 3. SIP shall be started subject to realization of the first installment. 4. Theree is no upper limit for individual installments / aggregate investment made under Daily/Weekly / fortnightly / Monthly / Quarterly SIP. 5. The request for enrollment / processing of SIP will only be on a Business Day at the applicable NAV. In case during the term of SIP processing date falls on a non-business Day, then such request will be processed on the next following Business Day at that day's applicable NAV. 6. The request for enrollment of SIP in the prescribed form should be received at any official point of acceptance / Investor service center at least 30 Business Days in advance before the execution / commencement date. 7. The request for discontinuation of SIP in the prescribed form should be received at any official point of acceptance / Investor Service Center at least 15 Business Days in advance before the execution / commencement date. 8. The units will be allotted to the investor at applicable NAV of the respective Business Days on which the investment are sought to be made as per the applicable cut-off timing. 9. The AMC may also based on cheque authorization received from the 47

49 Unitholder approach the Unitholder's bank for setting up standing instruction for remittance of the stated SIP amount at stated intervals in favor of the Fund. In case the bank fails to take cognizance of the cheque authorisation, the Unitholder may be requested to re-send post-dated cheques. In case any particular date of the post datedd cheque falls on a holiday the immediate next Business Day will be considered for this purpose. The Unitholder's account will be credited with the number of units at the applicable Sale Price. Unitholder may also leave a standing instruction with his/her bank to periodically remit a fixed sum from his/her account into the Scheme. A Unitholder should note that the market value of the Scheme's units is subject to fluctuation. Before going in for the Systematic Investment Plan, the Unitholder should keep in mind that the SIP does not assure a profit or protect against a loss. 10. In case of investments under SIP, if 2 or more consecutive payment instructions provided by the investor/unitholder are dishonored for either insufficiency of funds or as a result of a stop payment instruction issued by the investor/unitholder, the AMC reserves the right to discontinue the SIP facility provided to the investor/unitholder. 11. The investor can also invest in the Scheme through SIP Facility through the Stock Exchange mechanism as such SIP frequency available under the Stock Exchange mechanism from time to time. 12. The provision for Minimum Application Amount will under SIP Investments. not be applicable 2. SYSTEMATIC WITHDRAWAL PLAN (SWP) This facility enables an investor to withdraw sums from their Unit accounts in the Scheme at periodic intervals through a one-time request. The withdrawals can be made as follows: Frequencies Available Under SWP Minimumm Amount Minimumm No. of Installments / Instructions Weekly Rs. 500/- and in multiples of Re. 1/- thereafter 25 Fortnightly Rs. 500/- and in multiples of Re. 1/- thereafter 13 Monthly Rs. 500/- and in multiples of Re. 1/- thereafterr 6 Quarterly Rs. 500/- and in multiples of Re. 1/- thereafter 4 48

50 Frequency dates Minimumm Balance Start SWP of to Weekly: 7,15, 21,28 Fortnightly: 5 & 21 OR 7 & 25 Monthly / Quarterly : 5,7,15,21,25,28 Rs. 5000/- 1. The withdrawals will commence from the start date mentioned by the investor in the SWP Application Form. The Units will be redeemed at the Applicable NAV of the respective dates on which such withdrawals are sought. 2. The request for enrollment / processing of SWP will only be on a Business Day at the applicable NAV. In case during the term of SWP processing date falls on a non-business Day, then such request will be processed on the next following Business Day at that day's applicable NAV. 3. The request for enrollment of SWP in the prescribed form should be received at any official point of acceptance / Investor service center at least 10 Business Days in advance before the execution / commencement date. 4. The request for discontinuation of SWP in the prescribed form should be received at any official point of acceptance / Investor Service Center at least 10 Business Days in advance before the execution / commencement date. 3. Systematic Transfer Plan (STP) This facility enables an investor to transfer fixed amounts from their accounts in the Scheme to the other schemes (other than exchange traded fund) launched by the Mutual Fund from time to time. Frequencie Daily s Available Under STP Minimumm Rs. 100/- Amount and in multiples of Re. 1/- thereafter Minimumm No. of 132 Installmen ts / Weekly Rs. 500/- and in multiples of Re. 1/- thereafter 25 Fortnightl y Rs. 500/- and in multiples of Re. 1/- thereafter 13 Monthly Rs. 500/- and in multiples of Re. 1/- thereafter 6 Quarterly Rs. 500/- and in multiples of Re. 1/- thereafter 4 49

51 Instruction s Frequency of dates Minimumm Balance to start STP Daily : All Business Days Weekly: 7,15,21,28 Fortnightly: 5 & 21 OR 7 & 25 Monthly / Quarterly : 5,7,15,21,25,28 Rs. 5000/- 1. The provisions of Minimum Redemption Amount in the Scheme and Minimum Application Amount for the Transferee scheme(s) will not be applicable under STP. 2. The STP will commence from the date mentioned by the investor in the STP Application Form. 3. The request for enrollment / processing of STP will only be on a Business Day at the applicable NAV. In case during the term of STP processing date falls on a non-business Day, then such request will be processed on the next following Business Day at that day's applicable NAV. 4. The request for enrollment of STP in the prescribed form should be received at any official point of acceptance / Investor service center at least 10 Business Days in advance before the execution / commencement date. 5. The request for discontinuation of STP in the prescribed form should be received at any official point of acceptance / Investor Service Center at least 10 Business Days in advance before the execution / commencement date. DIVIDENDD TRANSFER FACILITY The Investors who has invested under - Monthly Dividend Payout Option can avail this facility and invest their dividend amount as and when declared by the Fund in any other Open Ended Scheme (Excluding ETFs) of the Fund at the applicable NAV based prices. The investors who want to avail this Facility may note the following:- 1. The minimum amount of dividend transferr will be Rs.100/- If the dividend amount is less than Rs then the dividend will be automatically reinvested in the Scheme itself and will not be transferred. 50

52 2. The transfer will be treated as fresh subscription in the Transferee Scheme and invested at the applicable NAV on the Businesss Day immediately following the record date subject to the terms and conditions applicable to the Transferee Scheme. 3. Account Statement will be sent to the Investor after effecting transfer in the Transferee Scheme. 4. Switching Options Accounts Statements Unit holders under the Scheme have the option to switch part or all of their investments from one plan / options of the scheme to another plan / option of the schemes of Quantum Mutual Fund subject to terms and conditions of the respectivee scheme. The switch willl be affected by way of redemption of units from one option of a scheme and a reinvestment of the redemption proceeds in the other option of such scheme and accordingly, to be effective, the switch must comply with the redemption rules and issue rules of the Scheme. For normal transactions during ongoing sales and repurchase: Consolidated Account Statement (CAS): (i) On acceptance of the application for subscription, an allotment confirmation specifying the number of units allotted by way of and/or SMS (if the mobile number is not registered under Do Not Call Registry) within 5 Business Days from the date of receipt of transaction request. The allotment confirmation will be sent to the applicant s registered address and/ /or mobile number. Investors / unit holders are therefore requested to provide their id and mobile number in the application form at the time of subscription. (ii) Thereafter, a CAS for each calendar month shall be sent by mail / on or before 10th of the succeeding month to the unit holders in whose folios transactions have taken place during the month. The CAS shall contain details relating to all the transactions carried out by the investor / unit holder across all schemes of all mutual funds during the month and holding at the end of the month. Such transactions shall include purchase, redemption, switch, dividend payout, dividend reinvestment, systematic investment plan, systematic withdrawal plan, systematic transfer plan and bonus transactions. (iii) For the purpose of sending the CAS, common investors / unit holders with same holding pattern of the folio across mutual funds shall be identified by their Permanent Account Number (PAN). (iv) In case of a specific request received from the Investorss / unit holders, the AMC/ /Fund will provide the account statement to the investors / unit 51

53 holders within 5 Business Days from the date of receipt of such request. (v) The CAS shall not be received by the Unit holders for the folio( (s) not updated with PAN details. The unit holders are therefore requested to ensure that the folio(s) are updated with their PAN. (vi) In the event of the folio is having more than one registered / joint holders, the CAS shall be sent to the first named unit holder and not to other registered / joint holders. The investor may request for a physical Account Statement by writing / calling to the AMC / Investor Service Center / Registrar & Transfer Agent. The AMC and Mutual Fund shall provide the physical Account Statement to the investor within 5 Business Days from the receipt of such request without any charges. Dormant Account Statement The CAS detailing holding across all schemes of all mutual funds at the end of every six months (i.e. September/ March), shall be sent by mail/ on or before 10 th day of succeeding month, to all such investors / unit holders in whose folios no transactions has taken place during that period. The half yearly CAS will be sent by to the Unit holders whose address is available, unless a specific request is made to receive in physical. Investors holding units in demat mode: Dividend Redemption Please note that the statement of holding of the beneficiary account holder for units held in Demat will be sent directly by the respective Depository Participants periodically and the same would be deemedd to be adequate compliance with the requirements of SEBI regarding dispatch of Statements of Accounts. The dividend warrants shall be dispatched to the Unitholders within 30 days of the date of declaration of the dividend. The redemption or repurchase proceeds shall be dispatched / credited to the registered bank account of the unitholders to the Unitholders within 10 working days from the date of redemption or repurchase. If the redemption request amount exceeds the balance lying to the credit of the Unit Holder s said account, then the Fund shall redeem the entire amount lying to the credit of the Unit Holder s account in thatt Scheme/Plan/option. The minimum amount in rupees for Redemption shall be Rs. 500/- and multiple of Re. 1/- (Rupees Five Hundred only) or account balance whichever is less / 50 units. Redemption under dematerialized mode: The investor who holds units in the demat mode is required to place an order 52

54 for redemption directly with the Depository Participants. The Investor should provide request for redemption to their Depository Participants along with Depository Instruction Slip and such other documents as may be specified by the Depository Participants. The investor can also redeem units holds in demat mode through Exchange Infrastructure Stock The redemption requests submitted to the AMC / Registrar directly are liable to be rejected. If the investor wish to redeem the units hold in demat mode with the AMC in such case the investor is required to convert such units in the physical mode by submitting request for Rematerialization to the Depository Participants and after conversion of such units into the physical mode to the AMC for redemption of such units. The Trustee may mandatory redeem units of any unitholders in the event that it is found that the unitholders has submitted information either in the application or otherwise that is false, misleading or incomplete or units are held by a unitholders in breach of the regulation. The AMC may in the general interest of the unitholders of the Scheme, keeping in view of the unforeseen circumstances / unsure conditions, limit the total number of units whichh may be repurchased / redeemed on any Business Day upto 5% of the total number of units of the Scheme. For details, please refer to paragraph on Right to Redemption in the SAI. Delay in payment of redemption proceeds / repurchasee Units can be redeemedd (sold back to the Mutual Fund) at the Redemption Price during the Ongoing Offer Period. In case of delay in payment of redemption proceeds, the Asset Management Company shall be liable to pay interest to the unitholders at such rate as may be specified by SEBI for the period of such delay 15% per annum). However, the AMC will not be liable to pay interest or compensation or any amount otherwise, in case the AMC / Trustee is required to obtain details from the investor / unitholders for verification of identity or such other details relating to subscription of units under any applicable law or as may be requested by a regulatory body or any government authority which may result in delay in processing the application. C. PERIODIC DISCLOSURES Net Asset Value This is the value per unit of the scheme on a particular day. You The AMC will calculate and disclose the first NAV of the Scheme not later than 5 Business Days from the allotment of units of the Scheme. Subsequently the AMC will calculate the NAVs for all Business Days. AMC shall update the NAV on the website of Association of Mutual Funds in India AMFI 53

55 can ascertain the value of your investments by multiplying the NAV with your unit balance. Portfolio Disclosure This is a list of securities where the corpus of the scheme is currently invested. The market value of these investments is also stated in portfolio disclosures. Half Yearly Resultss Annual Report ( ) by 9.00 p. m. and the same will also be uploaded on Fund s website / on every Business Day and will also be published in two newspapers. In case of any delay the reasons for such delay would be explained to AMFI in writing. If the NAVs are not available before commencement of businesss hours on the following day due to any reason, the Fund shall issue a press release providing reasons and explaining when the Fund would be able to publish the NAVs. The Fund shall before the expiry of 1 month from the close of each half year, that is as on 31 March and 30 September, publish a complete statement of the scheme portfolio by way of an advertisement in one English daily newspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Fund is situated or send to the Unitholders a complete statement of Scheme portfolios and shall also update the same on the AMC's website at / www. QuantumMF.com and on AMFI's website at in the prescribed format before the expiry of one month from the close of each half year. Further, the monthly portfolio of the scheme (along with ISIN) shall also be made available on the website of The Fund/ AMC / www. QuantumMF.comm on or before tenth day of the succeeding month in user - friendly and downloadable format. The Fund shall within one month from the close of each half year, (i.e. 31st March and on 30th September), host a soft copy of its unaudited financial results on its websitee ( / www. QuantumMF.com). Further, the Fund shall publish an advertisement disclosing the hosting of such unauditedd half yearly financial results on their website, in at least one national English daily newspaper and a regional newspaper published in the language of the region where the Head Office of the Mutual Fund is situated. The AMC / Mutual Fund shall be sent the Scheme wise annual report or an abridged summary thereof within four months from the date of closure of the relevant accounting year i.e. March 31 each year to all investors / unit holders as per the following mode: (i) by to the investors / Unit holders whose address is available with the AMC / Fund. (ii) in physical form to the investors / Unit holders whose address is not registered with the AMC / Fund and/or those Unit holders who have opted / requested for the same. The physical copies of the schemee wise annual report or abridged summary shall be made available to the investors / unit holders at the registered office of the AMC. 54

56 A link of the schemee annual report or abridged summary thereof shall be displayed prominently on the website of the Fund and shall also be displayed on the website of Association of Mutual Funds in India (AMFI). Associate Transactions Please refer to Statement of Additional Information (SAI). Repurchase and Limits Sale Price- The repurchase price shall not be lower than 93% of the NAV and the sale price shall not be higher than 107% of the NAV and the difference between the repurchase price and sale price shall not exceed 7% on the sale price. Taxation: The information is provided for ( a) Tax on Dividend Distributed (payable by the Scheme) * general information only. However, in view of the 1. Resident Investors - NIL individual nature of the implications, each investor is 2. Non Resident Investor NIL advised to consult his or her own tax advisors/authorised Mutual Fund dealers with respect to the (a) 25% on income distributedd to any person being an individual or HUF specific amount of tax and (b) 30% on income distributed to any other person. other implications arising out of his or her participation in the schemes. (b) Tax on Capital Gains * Long Term# Short Term## Resident HUF Individuals & 20% with Indexation Maximum 30% FII s/overseas Financial Organisations Partnership Firm 10% without Indexation 20% with Indexation 30%. 30% Non Resident Indians 10% without indexation (on transfer of long term capital assets being unlisted securities) Maximum 30% Indian Companies 20% with Indexation 30% 10% without Indexation (on transfer of long term Foreign Companies capital assets being listed securities) * The mentioned Tax Rates shall be increased by applicable surcharge & Cess. # Long Term Capital Gains Holding period is more than 36 months ## Short Term Capital Gains Holding period is less than equal to 36 months For further details on Taxation please referr the clause of Taxation of SAI. 40% 55

57 Investor services Investor queries and complaints constitute an important voice of Investor, and to this effect the AMC has formulated a Grievance Redressal Policy (which can be viewed at which details the queries and complaint handling through a structured grievance redressal framework. Mr. Harshad Chetanwala Head Customer Delight for any queries / clarifications and Ms. Meera Shetty Investor Relation Officer for any complaint / grievance can be contacted at Quantum Asset Management Company Private Limited 505, Regent Chambers, 5th Floor Nariman Point, Mumbai , customercare@quantumamc.com, Telephone number / (Toll Free), Fax number (Toll Free). D. COMPUTATION OF NAV The NAV of the Scheme will be computed by considering, Market or Fair Value of Scheme's investments (+ +) Current Assetss (-) Current Liabilities and Provisions Divided by No. of Units outstanding under Scheme on the valuation date. The first NAV will be calculated not later than 5 Business Days from the date of Allotment. Subsequently, the NAV will be calculated and announced as of the close of every Business Day by 9:00 p.m. The valuation of the Scheme s ' assetss and calculation of the Scheme s NAV shall be subject to audit on an annual basiss and subject to such regulations as may be prescribed by SEBI from time to time. The NAV shall be rounded off to the fourth decimal. 56

58 SECTION IV- FEES AND EXPENSES This section outlines the expenses that will be charged to the schemes. A. NEW FUND OFFER (NFO) EXPENSES Thesee expenses are incurred for the purpose of various activities related to the NFO like saless and distribution fees paid marketing and advertising, registrar expenses, printing and stationary, bank charges etc. The entire NFO Expenses shall be borne by the AMC. B. ANNUAL SCHEME RECURRING EXPENSES Thesee are the fees and expenses for operating the scheme. These expenses include Investment Management and Advisory Fee charged by the AMC, Registrarr and Transfer Agents Fee, Custodian Fees and marketing and operations expenses etc. The estimated recurring expenses of the Scheme are as under: Expense Head % of daily Net Assets Investment Management and Advisory Fees Trustee fee Audit fees Custodian fees Registrar & Transfer Fees Marketing & Selling expense Cost related to investor communications Cost of fund transfer from location to location Up to 1.00% Cost of providing account statements and dividend redemption cheques and warrants Costs of statutory Advertisements Cost towards investor education & awareness (at least 2 bps) ^ Service tax on expenses other than investment and advisory fees Service tax on brokerage and transaction cost Other expenses* Maximum total expense ratio (TER) permissible under Regulation 52 (6) (c) ( i) Up to 1.00% Additional expenses for gross new inflows from specified cities under NIL Regulation 52 (6A) (b) Additional expenses under regulation 52 (6A) (c) NIL * as permitted under the Regulations. ^ Investor Education and Awareness initiatives As per Para F of the SEBI Circular No. CIR/IMD/DF/21/2012 dated September 13, 2012, the AMC shall annually set apart at least 2 basis points p.a. (i.e. 0.02% p.a.) on daily net assets of the Scheme within the limits of total expenses prescribed under Regulation 52 of SEBI (MF) Regulations for investor education and awareness initiatives undertaken by the Fund. 57

59 The AMC has estimated that above expenses will be charged to the Scheme as permitted under Regulation 52 of SEBI (MF) regulations. For the actual current expenses being charged, the investor should refer to the website of the Mutual Fund viz. www. QuantumAMC.com / As per Regulation 52(6) of SEBI (MF) Regulations, the total expenses of the Scheme, including Investment Management and Advisory Fees shall be subject to following limits as specified below. Average daily net assetss First Rs. 100 Crores Next Rs Crores Next Rs Crores On balance of the assets Investment Management and Advisory Fees: The Investment Management and Advisory fees charged by the AMC to schemee will be within / equal to the Total Expense Ratio of 1% with no sub-limit on the Investment Management and Advisory fees. Additional Expenses: % limit In addition to the Maximum Total Expense Ratio as permissible under Regulation 52 of SEBI MF Regulations as amended from time to time, following additional expenses may be charged to the Scheme as mentioned in below. a. Expenses not exceeding of 0.30 % of daily net assets if the new inflow from such cities as specified by the SEBI from time to time are at least 30 per cent of gross new inflows in the scheme or 15 per cent of the average assets under management (year to date) of the scheme whichever is higher. c. Service Tax on investment and advisory fees of the Scheme. Investors are requested to note that currently Quantum Mutual Fund shall not charge any additional expenses to the Scheme as mentioned in the sub - clause (a) (b) and (c) above. d. Brokerage and transaction costs which are incurred for the purpose of execution of trade and is included in the cost of investment, not exceeding 0.12 % for cash market transactions. As no additional expenses will be charged to the Scheme, the provisions relating to clawed back as prescribed in the SEBI (MF) Regulations will not be applicable. The maximum recurring expenses of the Scheme, including the investment management and advisory fee, together shall not exceed the total Expenses Ratio of 1% as stated in above table. Any expenses in excess of 1% shall be borne by the AMC. C. LOAD STRUCTURE Load is an amount which is paid by the investor to subscribe to the units or to redeem the units from the scheme. Load amounts are variable and are subject to change from time to time. For the current applicable structure, please refer to the website of the AMC ( / or may call at (toll free no / ). b. Expenses incurred towards different heads mentioned under sub-regulations 52 (2) i.e. Investment Management and Advisory Fees and 52 ( 4) i.e. recurring expense, not exceeding 0.20 per cent of daily net assets of to the scheme. 58

60 Type of Load Entry Exit Load chargeable (as %age of NAV) Not Applicable In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ /09 dated June 30, 2009 has notified that, w.e.f. August 01, 2009 there will be no entry load charged to the schemes of the Mutual Fund and the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor. Quantum Mutual Fund does not charge Entry Load since inception. NIL The investor is requested to check the prevailing load structure of the scheme before investing. Any imposition or enhancement in the load shall be applicable on prospective investments only. The above mentioned load structure shall be equally applicable to the special products such as Systematic Investment Plan (SIP) / Systematic Withdrawal Plan (SWP) / Systematic Transfer Plan (STP) and Switches etc. However, no load shall be charged for switching between options within the Scheme. However the AMC shall not charge any load on issue of bonus units and units allotted on reinvestment of dividend for existing as well as prospective investors. For any change in load structure AMC will issue an addendum which shall be attached to the SID and Key Information Memorandum (KIM) and display it on the website / Investor Service Centres. The introduction of Exit load along with the details may be stamped in the acknowledgement slip issued to the investors on submission of the application form and may also be disclosed in the statement of accounts issued after introduction of such loads. Further a public notice shall be given in respect of such changes in one English daily newspaper having nationwide circulation as well as in a newspaper published in the language or the region wheree the head office of the mutual fund is situated. The exit load charged, if any shall be credited to the Scheme net of service tax. Investors are requested to note that The Mutual Fund has credited the exit load to the all its Scheme(s) since inception. The Mutual Fund may charge the load within the stipulated limit of 7% and withoutt any discrimination to any specific group of unit holders. However, any change at a later stage shall not affect the existing unit holders adversely. D. TRANSACTION CHARGES: In accordance with the SEBI Circular No. Cir / IMD / DF/13/2011 dated August 22, 2011, the AMC is allowed to deduct transaction charges of Rs. 100 for existing investorss and Rs.150 for a first time investor per subscription of Rs..10,000 /- and above for the transaction / application received through distributors. The transaction charges shall be deducted by the AMC from the subscription amount received from the investor and paid to the distributor and the balance will be invested in the Scheme. Investorss are requested to note that Quantum Mutual Fund is a direct to investor s Mutual Fund and no transaction charges shall be deducted from the investment amount for transactions / applications received from the distributor and full subscription amount will be invested in the Scheme. D. WAIVER OF LOAD FOR DIRECT APPLICATIONS Not Applicable Pursuant to SEBI Circular No. SEBI/IMD/CIR No. 4/ / /09 dated June 30, 2009, no entry load shall be charged for all mutual fund schemes. Therefore, the procedure for waiver of load for direct applications is no longer applicable. 59

61 SECTION V- RIGHTS OF UNITHOLDERS Pleasee refer to SAI for details. SECTION VI OTHER MATTERS PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONS OR INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKEN OR IS IN THE PROCESSS OF BEING TAKEN BY ANY REGULATORY AUTHORITY 1. Disclosures regarding top 10 monetary penalties and action(s) taken during the last three years against foreign Sponsor(s) may be limited to the jurisdiction of the country where the principal activities (in terms of income / revenue) of the Sponsor(s) are carried out or where the headquarters of the Sponsor(s) is situated. : Not Applicable 2. Details of all monetary penalties imposed and/ or action taken during the last three years or pending with any financial regulatory body or governmental authority, against Sponsor( s) and/ or the AMC and/ or the Board of Trustees /Trustee Company; for irregularities or for violations in the financial services sector, or for defaults with respect to share holders or debenture holders and depositors, or for economic offences, or for violation of securities law. Details of settlement, if any, arrived at with the aforesaid authorities during the last three years shall also be disclosed. Quantum Advisors Pvt Ltd (Sponsor): Nil. Trustee Company: Nil AMC: Nil 2. Details of all enforcement actions taken by SEBI in the last three years and/ or pending with SEBI for the violation of SEBI Act, 1992 and Rules and Regulations framed there under including debarment and/ or suspension and/ or cancellation And / or imposition of monetary penalty / adjudication / enquiry proceedings, if any, to which the Sponsor(s) and/ or the AMC and/ or the Board of Trustees /Trustee Company and/ or any of the directors and/ or key personnel (especially the fund managers) of the AMC and Trustee Company were/ are a party. The details of the violation shall also be disclosed. Quantum Advisors Pvt Ltd (Sponsor): Nil. Trustee Company: Nil AMC: Nil 3. Any pending material civil or criminal litigation incidental to the business of the Mutual Fund to which the Sponsor(s) and/ or the AMC and/ or the Board of Trusteess /Trustee Company and/ or any of the directors and/ or key personnel are a party should also be disclosed separately. Trustee Company: Nil AMC: Nil Quantum Advisors Pvt Ltd (Sponsor): Nil except the following: The Sponsor has filed a suit against a Company by the name of Quantum Securities Private Limited (QSPL) in July, 2002 in the Mumbai High Court for passing of the Company s name Quantum as its own, resulting in confusion in the minds of general public. The Company could not obtain interim relief sought by it, on the ground of delay as QSPL was using the word Quantum in its Company name since the year The said suit is however still pending for final disposal. The mark Quantum has been registered by the 60

62 Company in Class 16 under number B since 14th September, The said registration has been continuously renewed and is presently in force. The Company has also applied for registering the Quantum mark as a service mark under Class 36 for use in respect of financial services. 4. Any deficiency in the systems and operations of the Sponsor(s) and/ or the AMC and/ or the Board of Trustees/Trustee Company which SEBI has specifically advised to be disclosed in the SID, or which has been notified by any other regulatory agency, shall be disclosed. Quantum Advisors Pvt Ltd (Sponsor): Nil. Trustee Company: Nil AMC: Nil The Trustees have approved this Scheme Information Document in their meeting held on January 29, 2015 and have ensured that this Scheme is a new product offered by Quantum Mutual Fund and is not a minor modification of the existing Schemes / Fund / Product. Notwithstanding anything contained in this Scheme Information Document, the provisions of the SEBI (Mutual Funds) Regulations, 1996 and the guidelines there under shall be applicable. For and on behalf of Board of Directors of Quantum Asset Management Company Private Limited Sd/- Jimmy A. Patel Chief Executive Officer Place: Mumbai Date: April 1,

63 APPLICATION FORM COLLECTION CENTERS DURING NEW FUND OFFER PERIOD Quantum Asset Management Company Pvt. Ltd. Mumbai: 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai Ghatkopar: Office No. 210, 2nd Floor, Wing A, Kanara Business Center, Laxmi Nagar, Next to Everest Garden, Ghatkopar Andheri Link Road, Pant Nagar, Ghatkopar East, Mumbai Chennai: Office No.-117, DBS Business Center, 31-A, Cathedral Garden Road, Nungambakkam, Chennai Ahmedabad: Broadway Business Center, 1st Floor, Shajanand Complex, Opp. Arvindbhai Avenue, (Old Citi Bank), Near Panchavati Petrol Pumps, C.G. Road, Ahmedabad HDFC Bank Collection Centers l l l l l l l l l l l l l l l l l l l l Ahmedabad HDFC BANK LTD,1st floor, Astral Building,Near Mithakali Six Cross Road, Navrangpura, Amdedabad Bangalore HDFC BANK LTD,Cash Management Services "SALCO CENTRE" # 8/24, Richmond Road, Bangalore, Baroda 1st Floor, Fortune Tower,Vadodara Stock Exchange Building,Opp. Parsi Agiyari,Sayajigunj, Baroda Bhopal Asha Avenue, 1st Floor, Z-1, Zone-1 M P Nagar, Bhopal Bhubaneswar 1st Floor,Wholesale Banking Operations,A-62/1, Unit 8, Nayapalli, Bhubaneswar Chandigarh sco Sector 17 c, Chandigarh Chennai No. 115, Dr. Radhakrishnan Salai, 2nd Floor, Opp. to CSI Kalyani Hospital, Mylapore, Chennai Cochin FIRST FLOOR, PALARIVATTOM 25, Cochin Coimbatore 1st floor, No.315/316,Mettupalayam Road, Opp Murugan Mills, Near Ganga Hospital, Coimnatore, Tamilnadu Delhi E-13/29, 2nd Floor,Harsha Bhavan, Middle Circle,Connaught Place, Delhi Hyderabad WBO /3, III Floor, Suryodaya,Begumpet, Hyderabad Jaipur HDFC Bank House, 2nd Floor, O-10,Ashok Marg,C-Scheme, Jaipur Jammu CB-13, Rail Head Commercial Complex, Gandhi Nagar, Jammu Kolkata HDFC Bank Limited., Bhowanipore Branch, 2nd Floor, 88 Chowringhee Road, Kolkata Madurai Sri Nithyakalyani Towers, No 34 Krishnarayan Tank Street, North Veli Street, Madurai Mumbai Ground Floor, Maneckji Wadia Building,Nanik Motwani Marg,Near Kala Ghoda,opp Mumbai University,Fort, Mumbai Panjim HDFC Bank Ltd,WBO 2nd Floor, Metropolis - II,Opp. Vintage Hospital,St. Inez, Panjim,Goa Pune Fortune Square 3 rd Floor, Deep bungalow Chowk, Model Colony, Shivajinagar,, Pune Trivandrum BOB Plaza, Second Floor, T. C. 12 / 149 ( 3), Pattom,Trivandrum Vijayawada HDFC Bank Ltd., D.No: A,I Floor, Tikkle Road,Vijayawada WEBSITE CustomerCare@QuantumAMC.com TOLL FREE HELPLINE /

64 INVESTOR SERVICE CENTERS/ OFFICIAL POINT OF ACCEPTANCE Quantum Asset Management Company Pvt. Ltd. Mumbai: 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai Ghatkopar: Office No. 210, 2nd Floor, Wing A, Kanara Business Center, Laxmi Nagar, Next to Everest Garden, Ghatkopar Andheri Link Road, Pant Nagar, Ghatkopar East, Mumbai Chennai: Office No.-117, DBS Business Center, 31-A, Cathedral Garden Road, Nungambakkam, Chennai Ahmedabad: Broadway Business Center, 1st Floor, Shajanand Complex, Opp. Arvindbhai Avenue, (Old Citi Bank), Near Panchavati Petrol Pumps, C.G. Road, Ahmedabad Karvy Computershare Pvt. Ltd. Collection Centers SMS < QUANTUM > to Agartala - Bidurkarta ChowmuhaniJ N Bari RoadTripura ( West )Agartala Agra - Deepak Wasan Plaza, Behind Holiday Inn, Opp Megdoot Furnitures, Sanjay Place, Agra (U.P). Ahmedabad - 201,Shail Building, Opp : Madhusudhan House, Nr. Navrangpura Telephone Exchange, Navrangpura, Ahmedabad Ajmer - 1-2, II Floor, Ajmer Tower, Kutchary Road, Ajmer Akola - Shop No-30, Ground Floor, Yamuna Tarang Complex, N.H. No.-06, Murtizapur Road, Akola Aligarh - 1st Floor, Kumar Plaza, Aligarh , Uttar Pradesh. Allahabad - RSA Towers, 2nd Floor, Above Sony TV Showroom, 57, S P Marg, Civil Lines, Allahabad Alleppy - 2nd Floor, JP Towers, Near West of Zilla Court Bridge, Mullakkal, Alleppy Alwar - 101, 1st Floor, Saurabh Towers, Opp. UTI, Road No # 2, Bhagat Singh Circle, Alwar Amaravathi - Shop No. 13 & 27, First Floor, Gulshan Plaza, Raj Peth, Badnera Road, Amaravathi Ambala , Nicholson Road, Adjacent Kos Hospital, Ambala Cantt, Ambala Amritsar - 72-A, Taylor's Road, Aga Heritage Gandhi Ground, Amritsar Anand - F-6, Chitrangana Complex Opp: Motikaka Chawl ; V V Nagar Anand Ananthapur - # , 1st Floor, S.R.Towers, Opp. Lalithakala Parishat, Subash Road, Anantapur Ankleshwar - L/2, Keval Shopping Center, Old National Highway, Ankleshwar Asansol / 71, G.T. Road Near Sony Centre, Bhanga Pachil, Asansol Aurangabad - Ramkunj, Railway Station Road, Near Osmanpura Circle, Aurangabad Azamgarh - 1st Floor Alkal Building, Opp. Nagaripalika Civil Line, Azamgarh Balasore - M S Das Street, Gopalgaon, Balasore Bangalore - 59, Skanda puttanna Road Basavanagudi Bangalore Bankura - Ambika Market, Natunganj, Bankura Bareilly - 1st Floor, 165, Civil Lines, Opp. Hotel Bareilly Palace, Near Rly Station Road, Bareilly Berhampore (WB) - Thakur Market Complex, 72, Naya Sarak Road, Gorabazar, PO. Berhampore, DIST. Murshidabad, Berhampore Baroda - SB-4&5, Mangaldeep Complex, Opposite Mesonic Hall, Productivity Road, Alkapuri, Vadodara Begusarai - Hotel Diamond Surbhi Complex, Near I.O.C Township Gate, Kapasiya Chowk, Begusarai Belgaum - CTS No 3939/ A2 A1, Above Raymonds Show Room, Beside Harsha Appliances, Club Road, Belgaum Bellary - No.1 Khb Colony, Gandhinagar, Bellary Berhampur (OR) - Opp Divya Nandan Kalyan Mandap 3rd Lane Dharam Nagar, Near Lohiya Motor Berhampur Betul - 107, Hotel Utkarsh, Awasthi Complex, J H College Road, Civil Lines, Betul Bhagalpur - 2nd Floor, Chandralok Complex, Ghantaghar, Radha Rani Sinha Road, Bhagalpur Bharuch , Aditya Complex, Near Kasak Circle, Bharuch Bhatinda - #2047-A 2Nd Floor, The Mall Road, Above Max New York Life Insurance, New Delhi Bhavnagar - Surabhi Mall 301, 3rd Floor, Waghawadi Road, Bhavnagar Bhilai - Shop No-1,First Floor, Plot NO-1, Old Sada Office Block, Commercial Complex, Near HDFC Atm, Nehru Nagar- East, Post - BHILAI, Pin Bhilwara , 1st Floor, Hira-Panna Complex, Pur Road, Bhilwara Bhopal - Kay Kay Business Centre, 133 Zone I, M P Nagar, Bhopal Bhubaneswar - Plot No- 104/105(P), Jaydev Vihar Besides Hotel Pal Heights Bhubaneswar Bikaner - 2nd Floor, Plot No 70 & 71, Panchshati Circle, Sardul Gunj Scheme, Bikaner Bilaspur - Shop No 201/202, V.R.Plaza, Link Road, Bilaspur Bokaro - B-1, 1st Floor, Near Sona Chandi Jewellers, City Centre, Sector - 4, Bokaro Steel City Burdwan - 63 G T Road, Birhata, Halder Complex, 1st Floor, Burdwan Calicut - Sowbhagya Shoping Complex, Areyadathupalam, Mavoor Road, Calicut Chandigarh- SCO , First Floor, Above HDFC Bank, Sector 35B, Chandigarh Chandrapur - Shop No-6, Office No-2, 1St Floor, Rauts Raghuvanshi Complex Beside Azad Garden Main Roa, Chandrapur Chennai - Flat No F11, First Floor, Akshya Plaza, (Erstwhile Harris Road), Opp Chief City Metropolitan Court, # 108, Adhithanar Salai, Egmore, Chennai Chinsura - J C Ghosh Saranu,Bhanga Gara,Chinsurah, Hooghly, Chinsurah Cochin - Ali Arcade, 1St Floor,Kizhavana Road, Panampilly Nagar, Near Atlantis Junction, Ernakualm Coimbatore /1058, Jaya Enclave, 2nd Floor, Avinashi Road,Coimbatore Cuttack - Po - Buxi Bazar, Cuttack, Opp Dargha Bazar, Dargha Bazar, Cuttack Darbhanga - Jaya Complex, 2nd Floor, Above Furniture Planet, Donar Chowk, Darbhanga Davangere - # 15/9, Sobagu Complex, 1St Floor, 2Nd Main Road, P J Extension, Davangere : Dehradun - Kaulagarh Road, Near Sirmaur Marg, Above Reliance Webworld, Dehradun Deoria - 1st Floor, Shanti Niketan, Opp. Zila Panchayat, Civil Lines, Deoria Dewas - 27 RMO House, Station Road, Dewas Dhanbad - 208, New Market, 2nd Floor, Katras Road, Bank More, Dhanbad Dharwad - G7 & 8, Sri Banashankari Avenue, Ramnagar, Opp. NTTF PB Road, Dharward Dhule - Ground Floor Ideal Laundry, Lane No 4 Khol Galli, Near Muthoot Finance Opp Bhavasar General Store Dhule Dindigul - No.9, Old No.4/B, New Agraharam, Palani Road, Dindigul Durgapur - MWAV-16 Bengal Ambuja 2ndFloor, City Centre Durgapur Eluru - D.NO:23B-5-93/1, Savithri Complex, Edaravari Street, Near Dr. Prabhavathi Hospital, R.R.Pet, Eluru Erode - No. 4, KMY Salai, Veerappan Traders Complex, Opp. Erode Bus Stand, Sathy Road, Erode Faridabad - A-2B, 1st Floor, Nehru Ground, Neelam Bata Road, NIT, Faridabad Ferozpur - 2nd Floor, Malwal Road, Opp. H.M. School, Ferozpur City Gandhidham - Office No. 203, 2nd Floor Bhagwati Chamber, Plot No. 8 Sector - 1/A, Kutch Kala Road, Gandhidham Gandhinagar - Plot No. 945/2, Sector - 7/C, Opp Pathika, Gandhinagar Gaya - 1st Floor Lal Bhawan, Tower Chowk, Near Kiran Cinema,Gaya Ghaziabad - 1st Floor, C-7, Lohia Nagar, Ghaziabad Ghazipur - Shubhra Hotel Complex, 2nd Floor, Mahaubagh, Ghazipur Gonda - Shree Markit, Sahabgunj,Near Nuramal Mandir, Station Road Gonda, Gonda Gorakhpur - Above V.I.P. House, Ajdacent A.D. Girls Inter College, Bank Road, Gorakhpur Gulbarga - CTS No. 2913, First Floor, Asian Tower, Next To Hotel Aditya, Jagat Station Main Road, Gulbarga Guntur - Door No : , Sri Nilayam, 10 / 1, Arundelpet, Guntur Gurgaon - Shop No. 18, Ground Floor, Sector - 14, Opp. AKD Tower, Near Huda Office, Gurgaon Guwahati - 54 Sagarika Bhawan, R G Baruah Road, (AIDC Bus Stop), Guwahati Gwalior - 37/38, LashkarMlb Road, shinde Ki ChhawaniNear Nadi Gate Pul,Gwalior Haldwani - Above Kapilaz Sweet House, Opp LIC Building, Pilikothi, Haldwani , Uttarakhand. Haridwar - 8, Govind Puri, Opp. LIC - 2, Above Vijay Bank, Main Road, Ranipur More, Haridwar Hassan - St.Anthony's Complex, Ground Floor, H N Pura Road, Hassan Hissar - SCO 71, 1st Floor, Red Square Market, Hissar Hoshiarpur - Ist Floor, The Mall Tower, Opp Kapila Hospital, Sutheri Road, Near Maharaj Palace, Hoshiarpur Hubli - 22 & 23, 3rd Floor, Eurecka Junction, T B Road, Hubli Hyderabad Karvy Plaza, Avenue 4, Street No.1, Banjara Hills, Hyderabad Indore - G - 7, Royal Ratan Building M.G Road, Opp. Kotak Mahindra Bank Indore Jabalpur - 43, Naya Bazar, Opposite Shyam Talkies, Jabalpur (M.P.) Jaipur - S-16 A, 3rd Floor, Land Mark, Opposite Jaipur Club, Mahavir Marg, C- Scheme, Jaipur Jalandhar - Lower Ground Floor, Office No : 3, Arora Prime Tower, Plot No : 28, G T Road, Jalandhar Jalgaon Navi Peth, Opp. Vijaya Bank Near. Bharat Dudhalay,Jalgaon Jalpaiguri - D.B.C. Road, Near Rupasree Cinema Hall, Beside Kalamandir, PO & Dist Jalpaiguri, Jalpaiguri Jammu - 5 A/D Extension 2, Near Panama Chowk, Petrol Pump, Panama Chowk, Jammu Jamnagar Madhav Plaza, Opp SBI Bank, Near Lal Bungalow, Jamnagar Jamshedpur - Kanchan Tower, 3rd Floor, Chhaganlal Sons, 3-S B Shop Area, (Near Traffic Signal), Main Road, Bistupur, Jamshedpur Jaunpur - 119,R N Complex, 2nd Floor, Near Jay Ceej Crossing, Ummarpur, Jaunpur Jhansi - 371/01, Narayan Plaza, Gwalior Road, Near Jeevan Shah Chauraha, Jhansi Jodhpur - 203, Modi Arcade, Chupasni Road, Jodhpur Junagadh - 124/125, Punit Shopping Center, Ranavat Chowk, Junagadh, Gujarat Kannur - 2nd Floor, Prabhat Complex, Fort Road, Kannur Kanpur - 15/46,Ground Floor, Opp. Muir Mills, Civil Lines, Kanpur Karaikudi - Gopi Arcade, 100 Feet Road, Karaikudi Karimnagar - H.No /131, Above Union Bank, Jafri Road, Rajeev Chowk, Karimnagar Karnal - 18/369,Char Chaman, Kunjpura Road, Behind Miglani Hospital, Karnal Karur - No.6, Old No.1304, Thiru-Vi-Ka Road, Near G. R. Kalyan Mahal, Karur Kharagpur - Malancha Road, Beside UTI Bank, Kharagpur Kolhapur - 605/1/4 E Ward, Near Sultane Chambers, Shahupuri 2nd Lane, Kolhapur Kolkata - 166A, Rashbehari Avenue, 2nd Floor, Near Adi Dhakerhwari Bastralaya, OPP- Fortis Hospital, Kolkata Kollam - Ground Floor,Vigneshwara Bhavan, Below Reliance Web World, Kadapakkada, Kollam Korba - 1st Floor, 35 Indira Complex, T P Nagar, Korba (C.G.) Kota - H.No. 29, First Floor, Near Lala Lajpat Rai Circle, Shopping Centre, Kota Kottayam - 1St Floor, Csi Ascension Church Complex, Kottayam Kurnool - Shop No.43, 1st Floor, S V Complex, Railway Station Road, Kurnool Lucknow - Usha Sadan, 24, Prem Nagar, Ashok Marg, Lucknow Ludhiana - SCO - 136, First Floor, Above Airtel Show Room, Feroze Gandhi Market, Ludhiana Madurai - Rakesh Towers, 30-C, Bye Pass Road, Ist Floor, Opp Nagappa Motors, Madurai Malappuram - First Floor, Cholakkal Building, Near A U P School, Up Hill, Malappuram Malda - Sahistuli Under Ward, No-6, English Bazar Municipality, No-1 Govt. Colony, Malda Mangalore - Ground Floor, Mahendra Arcade, Kodial Bail, Mangalore Margoa - 2nd Floor, Dalal Commercial Complex, Opp. Hari Mandir, Pajifond, Margao-Goa Mathura - AMBEY Crown, 2 Floor In Front Of BSA College Gaushala Road Mathura Meerut - 1st Floor, Medi Centre Complex, Opp. ICICI Bank, Hapur Road, Meerut Mehsana - Ul -47, Appolo Enclave, Opp. Simandhar Temple, Modhera Char Rasta, Highway, Mehsana Mirzapur - Girja Sadan, Dankin Gunj, Mirzapur Moga - Near Dharamshala Brat Ghar, Civil Line, Dutt Road Moga Moradabad - Om Arcade, Parker Road, Above Syndicate Bank, Tari Khana Chowk, Moradabad Morena - Moti Palace, Near Ramjanki Mandir, Jiwaji Ganj, Morena Mumbai - Office number: 01/04, 24/B, Raja Bahadur Compound, Ambalal Doshi Marg, Behind Bombay Stock Exchange, Fort, Mumbai Muzaffarpur - 1st Floor, Uma Market, Near Thana Gumti, Motijheel, Muzaffarpur, Bihar Mysore - L - 350, Silver Tower, Clock Tower, Ashoka Road, Mysore Nadiad GF City Point, Near Paras Cinema, Nadiad Nagercoil - 3A, South Car Street, Parfan Complex, Nr. The Laxmi Villas Bank, Nagercoil Nagpur - Plot No.2/1, House No. 102/1, Mangaldeep Apartment, Mata Mandir Road, Opp. Khandelwal Jewellers, Dharampeth, Nagpur Namakkal - 105/2, Arun Towers, Paramathi Street, Namakkal Nanded - Shop No. 4, First Floor, Opp. Bank of India, Santkrupa Market, Gurudwara Road, Nanded Nasik - S-12, Second Floor, Suyojit Sankul, Sharanpur Road, Nasik Navsari - 1st Floor, Chinmay Arcade, Opp. Sattapir, Tower Road, Navsari Nellore - 207, II Floor, Kaizen Heights, 16/2/230, Sunday Market, Pogathota, Nellore New Delhi - 305, 3rd Floor, New Delhi House, Bara Khamba Road, Connaught Place, New Delhi Nizamabad - H No , 1St Floor Uppala Rameshwara Complex, Jawahar Road Nizambad Noida Jaipuria Plaza, D 68 A, 2nd Floor, Opp. Delhi Public School, Sector 26, Noida Palghat - 12/310, (No.20 & 21), Metro Complex, Head Post Office Road, Sultanpet, Palghat Panipat - 1st Floor, Krishna Tower, Near HDFC Bank, Opp. Railway Road, G T Road, Panipat Panjim - City Business Centre, Coelho Pereira Building, Room Nos.18, 19 & 20, Dada Vaidya Road, Panjim Pathankot - I Floor, 9A, Improvement Trust Building, Near HDFC Bank, Patel Chowk, Pathankot Patiala - SCO 27 D, Chhoti Baradari, Patiala Patna - 3A, 3rd Floor, Anand Tower, Beside Chankya Cinema Hall, Exhibition Road, Patna Pollachi - S S Complex, New Scheme Road, Pollachi Pondicherry - First Floor, No.7, Thiayagaraja Street, Pondicherry Pudukottai - Sundaram Masilamani Towers, Ts No , PM Road, Old Tirumayam Salai, Near Anna Statue, Jublie Arts, Pudukottai Pune - Shop No. 16, 17 & 18, Ground Floor, Sreenath Plaza, Dyaneshwar Paduka Chowk, F C Road, Pune Raipur - Room No. TF 31, 3rd Floor, Millennium Plaza, Behind Indian Coffee House, G E Road, Raipur Rajahmundry - Dr.No; 6-1-4, First Floor, Rangachary Street, T nagar, Rajahmundry Rajapalayam - Professional Couriers Building, 40/C (1), Hospital Road, Rajapalayam Rajkot - 104, Siddhi Vinayak Complex, Dr. Yagnik Road, Opp Ramkrishna Ashram, Rajkot Ranchi - Commerce Towers, 3rd Floor, Room No. 307, Beside Mahabir Towers, Main Road, Ranchi Ratlam - 1 Nagpal Bhavan, Freeganj Road, Tobatti, Ratlam Renukoot - Shop No. 18, Near Complex Birla Market, Renukoot Rewa - Ist Floor, Angoori Building, Besides Allahabad Bank, Trans University Road, Civil Lines, Rewa Rohtak - 1st Floor, Ashoka Plaza, Delhi Road, Rohtak Roorkee - Shree Ashadeep Complex, 16 Civil Lines, Near Income Tax Office, Roorkee, Uttaranchal Rourkela - 1st Floor, Sandhu Complex, Kanchery Road, Udit Nagar, Rourkela Sagar - Above Poshak garments, 5 Civil Lines, Opposite Income Tax Office, Sagar Saharanpur - 18 Mission Market, Court Road, Saharanpur , Uttar Pradesh. Salem - Door No: 40, Brindavan Road, Near Perumal Koil, Fairlands, Salem Sambalpur - Quality Massion, 1st Floor, Above Bata Shop / Preeti Auto Combine, Nayapara, Sambalpur Satna - 1st Floor, Gopal Complex, Near Bus stand Rewa Road, Satna (M.P) Shaktinagar - 1st/A-375, V V Colony, Dist. Sonebhadra, Shaktinagar Shillong - Mani Bhawan, Thana Road, Lower Police Bazar, Shillong Shimla - Triveni Building, By Pas Chowk, Khallini, Shimla Shimoga - Uday Ravi Complex, LLR Road, Durgi Gudi, Shimoga Shivpuri - 1st Floor, M.P.R.P. Building, Near Bank of India, Shivpuri Sikar - 1st Floor, Super Towers, Behind Ram Mandir, Station Road, Sikar Silchar - 1st Floor, Chowchakra Complex, N N Dutta Road, Premtala, Silchar Siliguri - Nanak Complex, Near Church Road, Sevoke Road, Siliguri Sitapur - 12/12-A Surya Complex, Arya Nagar, Opp. Mal Godam, Sitapur Sivakasi - 363, Thiruthangal Road, Opp. TNEB, Sivakasi Solan - Sahni Bhawan, Adjacent Anand Cinema Complex, The Mall, Solan Solapur - Siddeshwar Secrurities, No 6, Vaman Road, Vijaypur Road, Vaman Nagar Solapur Sonepat R Model Town, Above Central Bank of India, Sonepat Sri Ganganagar - 35-E-Block, Opp. Sheetla Mata Vatika, Sri Ganga Nagar Srikakulam /1. Venkateshwara Colony, Day & Night Junction, Srikakulam Sultanpur - Rama Shankar Complex, Civil Lines, Faizabad Road, Sultanpur Surat - G-6 Empire State Building, Near Parag House,Udhna Darwaja, Ring Road, Surat Thanjavur - Nalliah Complex, No.70, Srinivasam Pillai Road, Thanjavur Thodupuzha - First Floor, Pulimoottil Pioneer, Pala Road, Thodupuzha Tirunelveli - Jeney Building, 55/18, S N Road, Near Arvind Eye Hospital, Tirunelveli Tirupathi - Plot No.16 (South Part), First Floor, R C Road, Tirupathi Tirupur - First floor, 224 A, Kamaraj Road, Opp to Cotton market complex, Tirupur Tiruvalla - 2nd Floor, Erinjery Complex, Near Kotak Securites, Ramanchira, Tiruvalla Trichur - 2nd Floor, Brother's Complex, Near Dhana Laxmi Bank Head Office, Naikkanal Junction, Trichur Trichy - Sri krishna Arcade, 1st Floor; 60 Thennur High Road, Trichy Trivandrum - 2nd Floor, Akshaya Towers, Above Jetairways, Sasthamangalam, Trivandrum Tuticorin - 4 B, A34, A37, Mangalmal, Mani Nagar, Opp. Rajaji Park, Palayamkottai Road, Tuticorin Udaipur , Madhav Chambers, Opp. G.P.O, Chetak Circle, Madhuban, Udaipur Ujjain - 101, Aastha Tower, 13/1, Dhanwantri Marg, Free Gunj, Ujjain Valsad - Shop No 2, Phiroza Corner, Opp, Next Showroom, Tithal Road, Valsad Vapi - Shop No-12, Ground Floor, Sheetal Appartment, Near KP Tower, Vapi Varanasi - D-64/132, KA 1st Floor, Anant Complex, Sigra, Varanasi Vellore - No.1, M.N.R. Arcade, Officer's Line, Krishna Nagar, Vellore Vijayawada , Opp. Municipal Water Tank, Labbipet, Vijayawada Visakhapatnam /1 Eswar Paradise, Dwaraka Nagar, Main Road, Visakhapatnam Vijayanagaram - Soubhagya, /1, ll nd Floor, Near SBI Fort Branch, Vijayanagaram Warangal , 1st Floor, Opp. B.Ed College, Lashkar Bazar, Chandra Complex, Hanmakonda, Warangal Yamuna Nagar - Jagdhari Road, Above Uco Bank, Near D.A.V. Girls College, Yamuna Nagar To Invest with Us: Come online for a complete paperless experience OR Visit your nearest Karvy Computershare Collection Center OR Look out for a Quantum Branded Drop Box (only available in Mumbai) OR Call our Toll Free number for a Application Pick-up For any further details required please call / or visit WEBSITE CustomerCare@QuantumAMC.com TOLL FREE HELPLINE /