What is the expense ratio for the Quantum Equity Fund of Funds?
Investments in Quantum Equity Fund of Funds would entail investors to pay an Expense Ratio of 0.75% p.a. This is over and above the expense ratio charged by the underlying mutual fund schemes which would be accounted in the NAV • Are their any risks/ – the risk of selecting a bad fund, and the risk that any other fund carries – market risk…. There are few risks which are associated with Fund of Funds. • The risk of selecting a bad fund in the Fund of Funds portfolio. This can have an adverse impact on the performance of the fund. • Given Fund of Funds invests in other mutual fund schemes, they carry all the risk associated with the investments made by underlying mutual fund schemes. • Given Fund of Funds are related to the markets (equity, debt among others), any change in the market conditions will have an impact on its performance.