Quantum MF Launches Has Started Tax Saving Fund - Dec 10, 2008

Quantum Mutual Fund has started Quantum Tax Saving Fund an open-ended equity linked saving scheme. The scheme will open for subscription on 10 December 2008 and closes on 13 December 2008. The NFO price is Rs 10 per unit. Investment Objective. The investment objective of the Scheme is to attain long-term capital appreciation by investing primarily in shares of companies. that will typically be included in the BSE 200 and are in a position to benefit from the anticipated growth and development of the Indian economy and its markets.

Load Structure: The scheme will charge an entry load nor exit load. Investment Options: The scheme offers growth and dividend plan. The dividend plan shall have payout and reinvestment facility. The minimum application amount is Rs 500 and in multiples Rs 500 thereafter.