Quantum MF reduces expense ratio in Long Term
Equity Fund and Tax Saving Fund Plan to 1.25 per cent from 1.50 per cent
Mumbai: Quantum Mutual Fund has reduced the expense ratio in Quantum Term Equity Fund and Quantum Tax Saving Fund Plan with
effect from June 1, 2011.
“We believe that
the Quantum Long Term Equity Fund presents a valuable investment option for
long term investors because it is designed to simplify investing in mutual funds
and the Quantum Tax Saving Fund provides an efficient tax saving tool that also
works towards creating wealth over the long term. At Quantum Mutual Fund, we go
to investors directly and offer simple products and a transparent expense
structure. And above all, we achieve the performance that is backed by a
disciplined process. Lower expenses will only add more value to our investors,” said Jimmy A Patel, Chief Executive Officer.
