FundsIndia, an online investment platform, has asked its clients to switch their investments to regular plans from the direct plans of Quantum Mutual Fund if they want their investments to be part of the portal's online investment portfolio. According to FundsIndia, it has about Rs 45 crores in AUM in Quantum funds - making them one of the largest distributors of Quantum funds.
Quantum Mutual Fund introduced regular plan of their schemes in April 1. Earlier, the fund house only had direct plans and some distributors like FundsIndia used to sell these direct plans.
