The Hindu Business Line | 14/07/2022 07:45 PM | Click to read full article
Quantum Mutual Fund has launched Quantum Nifty 50 ETF Fund of Fund - an open-ended fund of fund (FoF) scheme investing in units of Quantum Nifty 50 ETF.
The New Fund Offer opens on July 18 and closes on August 1. The scheme will re-open for subscription and redemption on an ongoing basis from August 10. The investment objective of the scheme is to provide capital appreciation by investing in units of Quantum Nifty 50 ETF — replicating/tracking Nifty 50 Index.