For ETF. (Continuous Offer of units at Applicable NAV)

Transcription

1 Common Appliction For ETF (Continuous Offer of units t Applicble NAV) Quntum Gold Fund (An Exchnge Trded Fund - Gold) Quntum Index Fund (An Open-ended Exchnge Trded Fund) Form nd only ^ st Indi s 1 Direct to Investor Mutul Fund 505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi MUTUAL FUND Quntum Mutul Fund. 505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi TRUSTEE Quntum Trustee Compny Privte Ltd. 505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi SPONSOR Quntum Advisors Privte Ltd , Regent Chmbers, 5th Floor, Nrimn Point, Mumbi INVESTMENT MANAGER Quntum Asset Mngement Compny Privte Ltd. 505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi KEY INFORMATION MEMORANDUM - CUM - APPLICATION FORM This Key Informtion Memorndum (KIM) sets forth the informtion, which prospective investor ought to know before investing. For further detils of the scheme/mutul Fund, due diligence certificte by the AMC, Key Personnel, investors' rights & services, risk fctors, penlties & pending litigtions etc. investors should, before investment, refer to the Scheme Informtion Document nd Sttement of Additionl Informtion vilble free of cost t ny of the Investor Service Centre or distributors or from the website / The Scheme prticulrs hve been prepred in ccordnce with Securities nd Exchnge Bord of Indi (Mutul Funds) Regultions 1996, s mended till dte, nd filed with Securities nd Exchnge Bord of Indi (SEBI). The units being offered for public subscription hve not been pproved or dispproved by SEBI, nor hs SEBI certified the ccurcy or dequcy of this KIM. QUANTUM GOLD FUND (An Open-ended Exchnge Trded Fund - Gold) Investment Objective The Investment Objective of the Scheme is to generte returns tht re in line with the performnce of gold nd gold relted instruments subject to trcking errors. However, investments in gold relted instruments will be mde if nd when SEBI permits mutul funds to invest, in gold relted instruments. The Scheme is designed to provide returns tht before expenses, closely correspond to the returns provided by gold. Asset Alloction Pttern of the scheme Types of Instruments Norml lloction (% of Net Assets) Minimum lloction Mximum lloction (% of Net Assets) (% of Net Assets) Physicl Gold 90% * Money Mrket instruments, Short-term Corporte debt securities, CBLO nd units of Debt nd Liquid Schemes of Mutul Funds 0% 10% *As the scheme invests 90% to of the net ssets into Gold, the scheme will, by nd lrge, be pssively mnged fund. However, if nd when permitted under SEBI regultions, the scheme my invest in gold relted securities including derivtives. Note : Investment in wrehouse receipts nd other permitted instruments linked to Gold Prices nd units of interntionl gold linked ETFs would be mde s nd when, nd to the extent permitted by regultory uthorities. The Scheme would invest in money mrket instruments, short-term corporte debt securities, CBLO nd units of debt nd liquid schemes of mutul funds, in order to meet the liquidity requirements of the Scheme. Investment Strtegy The AMC uses 'pssive' pproch to try nd chieve the Scheme's investment objective. The Scheme does not try to ''bet'' the mrkets they trck nd do not seek temporry defensive positions when mrkets decline or pper over vlued. The AMC does not mke ny judgments bout the investment merit of prticulr gold investment nor will it ttempt to pply ny economic, finncil or mrket nlysis. Pssive pproch elimintes ctive mngement risks in regrd to over / underperformnce vis-à-vis the benchmrk. Risk Profile of the Scheme Mutul Fund units involve investment risks including possible loss of principl. Plese red the Scheme Informtion Document (SID) crefully for detils on risk fctors nd other detils before investment. Scheme specific Risk Fctors re summrized below: The Scheme's NAV will rect to the gold price movements. The investor my lose money over short or long period due to fluctution in scheme's NAV in response to fctors such s economic nd politicl developments, chnges in interest rtes nd perceived trends in bullion prices, mrket movement nd over longer periods during mrket downturns. Any chnges in trding regultions by the stock exchnge (s) or SEBI my ffect the bility of Authorised Prticipnt to rbitrge resulting into wider premium/ discount to NAV. Any chnges in the regultions relting to import nd export of gold or gold jewellery (including customs duty, sles tx nd ny such other sttutory levies) my ffect the bility of the scheme to buy/sell gold ginst the purchse nd redemption requests received. The units of the Scheme my trde bove or below their NAV. The NAV of the Scheme will fluctute with chnges in the mrket vlue of Scheme's holdings. The trding prices of QGF units will fluctute in ccordnce with chnges in their NAV s well s mrket supply nd demnd for the units. However, given tht QGF units cn be creted nd redeemed in Cretion Units Size directly with the Fund, it is expected tht lrge discounts or premiums to the NAV of QGF units will not sustin due to rbitrge opportunity vilble. Risk Mngement Strtegies Risk is n importnt prt of the investment functions. Effective Risk Mngement is criticl to Fund Mngement for chieving finncil gols. Investments mde by the Scheme shll be mde in ccordnce with Investment Objective of the Scheme nd provisions of SEBI (Mutul Funds) Regultions. The Fund hs identified following Risk nd designed Risk Mngement Strtegies which is the prt of the Investment Process to mnge such risks. Type of Risks Trcking Error Risk Risk of deviting wy from the investment objective of trcking gold prices Qulity nd Purity Risk Risk of sub stndrd qulity of gold Custody risk There is risk tht prt or ll of the scheme's gold could be lost, dmged or stolen. Plns nd Options Plns: Nil. Options: The Scheme offers only one option - Growth Option Risk Mitigtion / Mngement Strtegies The Fund follows pssive investment pproch. The Fund does not try to time the mrket. It endevors to sty ner fully invested t ll times. Gold purchsed by the Fund is purity nd bove. Gold sourced shll be from n LBMA ccredited refiner only. The Fund hs well defined nd specific good delivery norms policy to be followed by the custodin for cceptnce of Gold. To ensure the highest sfety Gold is stored with renowned vulting gencies in their professionl vults. Gold held by the Fund is fully insured. Applicble NAV i) The Fund cretes / redeems units of the Scheme in ' Cretion Unit Size' which is exchnged for portfolio Deposit which would consist of physicl Gold of defined purity nd quntity nd Csh Component. The fund declres the Portfolio Deposit or Csh Component on the website / nd the sme would be pplicble for creting nd redeeming unit size for tht Business Dy. (A) Applicble NAV for Purchses in Cretion in Unit Size: (i) In respect of vlid ppliction received from Authorised Prticipnt / Lrge Investor long with the Portfolio Deposit nd / or Csh Component, upto 3.00 p.m on Business Dy t the officil point of cceptnce, NAV of the dy on which the ppliction is received shll be pplicble. (ii) In respect of vlid ppliction received for purchse in Cretion Unit Size, from Authorised Prticipnt / Lrge Investor long with the Portfolio Deposit nd / or Csh Component fter 3.00 p.m, on Business Dy t the officil point of cceptnce, the closing of NAV of the next Business Dy on which the ppliction is received shll be pplicble. (B) Applicble NAV for Redemptions in Cretion Unit Size : (iii) In respect of vlid ppliction received upto 3.00 p.m. on Business Dy t the officil point of cceptnce, NAV of the dy on (iv) Dividend Policy The Scheme does not offer ny dividend option / pln. Nme of the Fund Mnger Mr. Chirg Meht Returns which the ppliction is received shll be pplicble. In respect of vlid ppliction received fter 3.00 p.m. on Business Dy t the officil point of cceptnce, the closing NAV of the next Business Dy on which the ppliction is received shll be pplicble (ii) On the Exchnge: As the Units of the Scheme re listed on NSE, n investor cn buy / Sell units on continuous bsis on the cpitl mrket segment of NSE during trding hours like ny other publicly trded stock t prices which my be close to the ctul NAV of the Scheme. Minimum Appliction Amount/ Number of Units Directly with Fund: The investors cn crete / redeem in exchnge of Portfolio Deposit nd Csh Component in cretion of unit size t NAV bsed Price. On the Exchnge: : Approx equl to price of ½ grm of Gold quoted on the NSE. On NSE, the units cn be purchsed /sold in minimum lot of 1 unit nd in multiples thereof. Desptch of Repurchse (Redemption) Request Within 10 working dys of the receipt of the redemption request t the Officil Point of Acceptnce of the Quntum Mutul Fund. Benchmrk Index The Schemes performnce will be benchmrked ginst Domestic Price of Physicl Gold. Nme of the Trustee Compny Quntum Trustee Compny Privte Limited Performnce of the scheme : (s t Mrch 31, 2012) Compounded Annulized Returns (Growth Option) 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% % % % % % Absolute Returns for lst 5 finncil yers (Growth option) Absolute Returns QGF Benchmrk 34.90% 36.24% 23.64% 24.79% 25.71% 26.99% 1.95% 7.22% 8.30% -0.91% Scheme Returns % Returns for the lst 1 yer 34.90% 36.24% Returns for the lst 3 yers 22.05% 23.29% Returns since inception 22.38% 22.70% PAST PERFORMANCE MAY OR MAY NOT BE SUSTAINED IN FUTURE Dte of inception: Februry 22, Finncil Yer Pst performnce my or my not be sustined in future Benchmrk Returns % (Domestic price of physicl gold)

2 Expenses of the Scheme i) Lod Structure Entry Lod :Not Applicble In terms of SEBI circulr no. SEBI/IMD/CIR No. 4/ /09 dted June 30, 2009 hs notified tht, w.e.f. August 01, 2009 there will be no entry lod chrged to the schemes of the Mutul Fund nd the upfront commission to distributors will be pid by the investor directly to the distributor, bsed on his ssessment of vrious fctors including the service rendered by the distributor. Quntum Mutul Fund does not chrge Entry Lod since inception. Exit Lod : Nil ii) Recurring expenses As per the SEBI Regultions, the totl expenses of the scheme including the investment dvisory fees shll not exceed 1.50% of the weekly /dily verge net ssets. The AMC hs estimted upto 1.25% of the weekly/dily verge net ssets of the scheme will be chrged to the scheme s expenses. For the current expenses being chrged to the Scheme, the Investor should refer to the website of the mutul fund. Actul Expenses for the Previous Finncil Yer ended Mrch 31, 2012:Rs. 41,78,646.52/- (1.00% p..) Wiver of Lod for Direct Appliction Not Applicble Pursunt to SEBI circulr no. SEBI/IMD/CIR No.4/ /09 dted June 30, 2009 no entry lod shll be chrged for ll mutul fund schemes. Therefore, the procedure for wiver of lod for direct pplictions is no longer pplicble. Tx tretment for the Investors (Unitholders) Investors re dvised to refer to the detils in the Scheme Informtion Document nd Sttement of Additionl Informtion nd lso independently refer to his/her/their tx dvisor. Dily Net Asset Vlue (NAV) Publiction NAV shll be clculted, declred nd nnounced on ll Business Dys nd uploded on the mfi website ( by 9.00 p.m. the sme will lso be uploded on the Fund's website / on every Business Dy nd will lso be relesed in two newsppers for publiction. In cse of ny dely the resons for such dely would be explined to AMFI in writing. If the NAVs re not vilble before commencement of Business Hours on the following dy due to ny reson, the Fund shll issue press relese providing resons nd explining when the Fund would be ble to publish the NAVs. For Investor Grievnces plese contct Nme nd Address of Registrr Quntum Asset Mngement Compny Privte Limited Registrrs & Trnsfer Agents Ms. Meer Shetty Krvy Computershre Pvt Ltd Investor Reltions Officer Krvy Registry House, H. No , 505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi Avenue 4,Street No. 1, Bnjr Hills Toll Free : / Hyderbd Toll Free Fx No. : E-mil : customercre@quntumamc.com Unitholders Informtion Applictions received directly with the Fund Account Sttement As the units of the Schemes re in demt, investors would be provided with sttement of holding by his / her / their Depository Prticipnts s per the rules of Depository. The sttement issued by the Depository would be deemed to be dequte complince with requirement of SEBI regrding disptch of sttement of ccount. Annul Report : The AMC / Mutul Fund shll send the Scheme wise nnul report or n bridged summry thereof within four months from the dte of closure of the relevnt ccounting yer i.e. Mrch 31 ech yer to ll investors / unit holders s per the following mode: (i) (ii) by e-mil to the investors / Unit holders whose e-mil ddress is vilble with the AMC / Fund. in physicl form to the investors / Unit holders whose emil ddress is not registered with the AMC / Fund nd/or those Unit holders who hve opted / requested for the sme. The physicl copies of the scheme wise nnul report or bridged summry shll be mde vilble to the investors / unit holders t the registered office of the AMC. A link of the scheme nnul report or bridged summry thereof shll be displyed prominently on the website of the Fund nd shll lso be displyed on the website of Assocition of Mutul Funds in Indi (AMFI). Hlf yerly Disclosures: Portfolio / Finncil Results: Portfolio Disclosures: The Fund shll disclose the hlf-yerly scheme portfolios on its web site t nd on AMFI web site ( in the prescribed formt before the expiry of one month from the close of ech hlf-yer. The Fund shll lso before the expiry of one month from the close of ech hlf yer (i.e. s on Mrch 31 nd September 30) send to the Unitholders complete Sttement of Scheme's Portfolio or if such sttement is not sent to the Unitholders, it will be published by wy of n dvertisement in one English dily circulting in the whole of Indi nd in newspper published in the lnguge of the region where the Hed Office of the Mutul Fund is situted. Hlf Yerly Results: The Fund nd Asset Mngement Compny shll before the expiry of one month from the close of ech hlf yer tht is on Mrch 31nd on September 30, publish its Hlf Yerly unudited finncil results in one ntionl English dily newspper nd in regionl newspper published in the lnguge of the region where the Hed Office of the mutul fund is situted QUANTUM INDEX FUND (An Open-ended Exchnge Trded Fund) Investment Objective The investment objective of the scheme is to invest in stocks of compnies comprising S&P CNX Nifty Index nd endevour to chieve returns equivlent to the Nifty by pssive investment. The scheme will be mnged by replicting the index in the sme weightge s in the S&P CNX Nifty-Index with the intention of minimizing the performnce differences between the scheme nd the S&P CNX-Nifty Index in cpitl terms, subject to mrket liquidity, costs of trding, mngement expenses nd other fctors which my cuse trcking error. Asset Alloction Pttern of the scheme Types of Instruments Norml lloction (% of Net Assets) Minimum lloction (% of Net Assets) Mximum lloction (% of Net Assets) Securities covered by the S & P CNX Nifty 90% Money Mrket Instruments, other short term debt instruments s permitted under SEBI (Mutul Funds) Regultions, 1996 nd Liquid Schemes of Mutul Funds. 0% 10% Investments in securitized debt instruments cn be mde by the scheme up to 5% of the totl net ssets of the Scheme. Investment Strtegy The AMC uses pssive or indexing pproch to try nd chieve Scheme's Investment objective. Unlike other funds, the Scheme does not try to bet the mrkets they trck nd do not seek temporry defensive positions when mrkets decline or pper over vlued. The AMC does not mke ny judgments bout the investment merit of prticulr stock or prticulr industry segment nor will it ttempt to pply ny economic, finncil or mrket nlysis. Indexing elimintes ctive mngement risks with regrd to over/ underperformnce vis-à-vis benchmrk. The scheme would lter the scrips/weights s nd when the sme re ltered in the S&P CNX-Nifty Index. As long s Scheme invests t lest 90% of its totl ssets in the stocks of its Underlying Index, it my lso invest in other ssets, in Money Mrket Instruments, Other Short term Debt Instruments s permitted under SEBI (Mutul Funds) Regultions, 1996 nd Liquid Schemes of Mutul Funds. Risk Profile of the Scheme Mutul Fund units involve investment risks including the possible loss of principl. Plese red the Scheme Informtion Document crefully for detils on risk fctors nd other detils before investment. Scheme specific Risks Fctors re summrized below: () Risk ssocited with investments in Equity, Debt nd Money Mrket Instruments which involve Liquidity & Settlement Risks, Investment Risks, Interest Rte Risk, Credit Risk, Re-investment Risk, Risk Associted with Securitized Debt etc. (b) The scheme is subject to pssive investment risk nd trcking error risk. Risk Mngement Strtegies Risk is n importnt prt of the investment functions. Effective Risk Mngement is criticl to Fund Mngement for chieving finncil gols. Investments mde by the Scheme shll be mde in ccordnce with Investment Objective of the Scheme nd provisions of SEBI (Mutul Funds) Regultions. The Fund hs identified following Risk nd designed Risk Mngement Strtegies which is the prt of the Investment Process to mnge such risks. Type of Risks Trcking Error Risk Risk of deviting wy from the investment objective of trcking S&P CNX Nifty Index Liquidity Risk High impct cost Chnges in composition: Addition / deletion of stocks in S&P CNX Nifty Index Chnges in weightge of stock due to corporte ction like merger, demerger or issue of QIP Plns nd Options Plns: Nil. Options: The Scheme offers only one option - Growth Option. Risk Mitigtion / Mngement Strtegies The Fund follows pssive investment pproch nd invests s per the S&P Nifty Index. The Fund does not try to bet the mrkets nd do not seek temporry defensive positions when mrkets decline or pper over vlued. At the time of reblncing of the portfolio of the scheme in cse required quntity of stocks re not vilble due to low volume in some stocks in such cses the quntity of stocks will be broken down cross proportionlly in ll stocks comprises in S&P CNX Nifty Index so tht no stock will hve more weightge thn the required t such time. The reblncing of stocks shll be done t the pproprite time so tht trcking error cn be minimized. The reblncing of stocks shll be done t the pproprite time so tht trcking error cn be minimized. Applicble NAV i) The Fund cretes /redeems units of the Scheme in cretion (minimum) unit size by exchnge of underlying securities (Portfolio Deposit) nd Csh Component. The Fund declres the Portfolio Deposit ndor Csh Component t the end of ech Business Dy for the scheme on its website / nd the sme would be pplicble for creting nd redeeming units for tht Business Dy. (A) Applicble NAV for Purchses in Cretion in Unit Size: (i) In respect of vlid ppliction received from Authorised Prticipnt / Lrge Investor long with the Portfolio Deposit nd / or Csh Component, upto 3.00 p.m on Business Dy t the officil point of cceptnce, NAV of the dy on which the ppliction is received shll be pplicble. (ii) In respect of vlid ppliction received for purchse in Cretion Unit Size, from Authorised Prticipnt / Lrge Investor long with the Portfolio Deposit nd / or Csh Component fter 3.00 p.m, on Business Dy t the officil point of cceptnce, the closing of NAV of the next Business Dy on which the ppliction is received shll be pplicble. (B) Applicble NAV for Redemptions in Cretion Unit Size : (iii) In respect of vlid ppliction received upto 3.00 p.m. on Business Dy t the officil point of cceptnce, NAV of the dy on which the ppliction is received shll be pplicble. (iv) In respect of vlid ppliction received fter 3.00 p.m. on Business Dy t the officil point of cceptnce, the closing NAV of the next Business Dy on which the ppliction is received shll be pplicble (ii) On the Exchnge As the Units of the Scheme re listed on NSE, n investor cn buy / Sell units on continuous bsis on the cpitl mrket segment of NSE during trding hours like ny other publicly trded stock t prices which my be close to the ctul NAV of the Scheme. Minimum Appliction Amount/ Number of Units Directly with Fund: The investors cn crete / redeem in exchnge of Portfolio Deposit nd Csh Component in cretion unit size t NAV bsed Price. On the Exchnge: At prices which my be close to the NAV of QIF Units. On NSE, the units cn be purchsed / sold in minimum lot of 1 unit nd in multiples thereof. The units of QIF issued under the scheme will be pproximtely equl to the price of 1/10 (one-tenth) of the S&P CNX Nifty Index. Desptch of Repurchse (Redemption) Request Within 10 working dys of the receipt of the redemption request t the Officil Point of Acceptnce of the Quntum Mutul Fund. Benchmrk Index The Scheme's performnce will be benchmrked ginst S&P CNX Nifty Totl Return Index. Dividend Policy The Scheme does not offer ny dividend option / pln. Nme of the Fund Mnger Mr. Hitendr Prekh Nme of the Trustee Compny Quntum Trustee Compny Privte Limited Performnce of the scheme (s t Mrch 31, 2012) : Compounded Annulized Returns (Growth Option) Scheme Returns % Returns for the lst 1 yer -8.26% Return for lst 3 yers 20.98% Returns since inception 8.23% PAST PERFORMANCE MAY OR MAY NOT BE SUSTAINED IN FUTURE. Dte of inception: July 10, Returns % 80.00% 60.00% 40.00% 20.00% 0.00% % % % % % % % Absolute Returns for the lst 4 Finncil Yers (Growth Option) 72.86% 75.29% Finncil Yer Pst performnce my or my not be sustined in future QIF 11.65% 12.36% Benchmrk Returns % (S&P CNX Nifty Totl Return Index) -8.18% 21.83% 7.83% Benchmrk -8.26% -8.18%

3 Expenses of the Scheme i) Lod Structure Entry Lod : Not Applicble In terms of SEBI circulr no. SEBI/IMD/CIR No. 4/ /09 dted June 30, 2009 hs notified tht, w.e.f. August 01, 2009 there will be no entry lod chrged to the schemes of the Mutul Fund nd the upfront commission to distributors will be pid by the investor directly to the distributor, bsed on his ssessment of vrious fctors including the service rendered by the distributor. Quntum Mutul Fund does not chrge Entry Lod since inception. Exit Lod : Nil ii) Recurring expenses As per SEBI Regultions, the totl expenses of the scheme including the investment dvisory fees shll not exceed 1.50% of the weekly /dily verge net ssets. The investment nd dvisory fees shll not exceed 0.75% of the weekly / dily verge net ssets. The AMC hs estimted tht upto 0.75% of the weekly/dily verge net ssets of the scheme will be chrged to the scheme s expenses including the investment nd dvisory fees. For the current expenses being chrged to the Scheme, the Investor should refer to the website of the mutul fund. Actul expenses for the previous finncil yer ended Mrch 31, 2012: Rs. 79,545.34/- (0.50% p..) Wiver of Lod for Direct Applictions Not Applicble Pursunt to SEBI circulr no. SEBI/IMD/CIR No.4/ /09 dted June 30, 2009 no entry lod shll be chrged for ll mutul fund schemes. Therefore, the procedure for wiver of lod for direct pplictions is no longer pplicble Tx tretment for the Investors (Unitholders) Investors re dvised to refer to the detils in the Scheme Informtion Document nd Sttement of Additionl Informtion nd lso independently refer to his/her/their tx dvisor Dily Net Asset Vlue (NAV) Publiction NAV shll be clculted, declred nd nnounced on ll Business Dys nd uploded on the AMFI website ( by 9.00 p.m. the sme will lso be uploded on the Fund's website / on every Business Dy nd will lso be relesed in two newsppers for publiction. In cse of ny dely, the resons for such dely would be explined to AMFI nd SEBI by the next dy. If the NAVs re not vilble before commencement of business hours on the following dy due to ny reson, the Fund shll issue press relese providing resons nd explining when the Fund would be ble to publish the NAVs. For Investor Grievnces plese contct Nme nd Address of Registrr Registrrs & Trnsfer Agents Krvy Computershre Pvt Ltd Krvy Registry House, H. No , Avenue 4,Street No. 1, Bnjr Hills, Hyderbd Quntum Asset Mngement Compny Privte Limited Ms. Meer Shetty Investor Reltions Officer 505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi Toll Free : / Toll Free Fx No. : E-mil : customercre@quntumamc.com Unitholders Informtion Applictions received directly with the Fund Account Sttement As the units of the Schemes re in demt, investors would be provided with sttement of holding by his / her / their Depository Prticipnts s per the rules of Depository. The sttement issued by the Depository would be deemed to be dequte complince with requirement of SEBI regrding disptch of sttement of ccount. Annul Report : The AMC / Mutul Fund shll send the Scheme wise nnul report or n bridged summry thereof within four months from the dte of closure of the relevnt ccounting yer i.e. Mrch 31 ech yer to ll investors / unit holders s per the following mode: (i) (ii) by e-mil to the investors / Unit holders whose e-mil ddress is vilble with the AMC / Fund. in physicl form to the investors / Unit holders whose emil ddress is not registered with the AMC / Fund nd/or those Unit holders who hve opted / requested for the sme. The physicl copies of the scheme wise nnul report or bridged summry shll be mde vilble to the investors / unit holders t the registered office of the AMC. A link of the scheme nnul report or bridged summry thereof shll be displyed prominently on the website of the Fund nd shll lso be displyed on the website of Assocition of Mutul Funds in Indi (AMFI). Hlf yerly Disclosures: Portfolio / Finncil Results: Portfolio Disclosures: The Fund shll disclose the hlf-yerly scheme portfolios on its web site t nd on AMFI web site ( in the prescribed formt before the expiry of one month from the close of ech hlf-yer. The Fund shll lso before the expiry of one month from the close of ech hlf yer (i.e. s on 31st Mrch nd 30th September) send to the Unitholders complete Sttement of Scheme's Portfolio or if such sttement is not sent to the Unitholders, it will be published by wy of n dvertisement in one English dily circulting in the whole of Indi nd in newspper published in the lnguge of the region where the Hed Office of the Mutul Fund is situted. Hlf Yerly Results: The Fund nd Asset Mngement Compny shll before the expiry of one month from the close of ech hlf yer tht is on 31st Mrch nd on 30th September, publish its Hlf Yerly unudited finncil results in one ntionl English dily newspper nd in regionl newspper published in the lnguge of the region where the Hed Office of the mutul fund is situted

4 COMPARISON CHART Nme of the Scheme Quntum Long Term Equity Fund Quntum Liquid Fund Type of Instruments Asset Alloction Pttern Listed Equity & Equity Relted Securities of Compnies Unlisted Equity & Equity Relted Securities of Compnies Money Mrket Instruments Liquid Schemes of Mutul Funds Type of Instruments Money Mrket Instruments nd other short term debt instruments hving mximum re-pricing tenor of not more thn 91 dys in mturity Norml lloction Minimum lloction (% of Net Assets) (% of Net Assets) 95% to 99% 65% 0% to 3% 0% 1% to 5% 1% 0% to 5% 0% Mximum lloction (% of Net Assets) 99% 5% 35% 5% Norml Alloction (% of Net Assets) Primry Investment Pttern To invest in shres of compnies included in BSE-200 Index. To invest in Debt & Money Mrket Instruments. Differentition Equity Scheme Liquid Scheme AUM ` in Crore (As on My 31, 2012) No. of Folios (As on My 31, 2012) , ,136 Quntum Gold Fund - ETF Quntum Index Fund - ETF Quntum Tx Sving Fund Quntum Equity Fund of Funds Quntum Gold Svings Fund Type of instruments Physicl Gold Money Mrket instruments, Short-term Corporte debt securities, CBLO nd units of Debt nd Liquid Schemes of Mutul Funds Type of instruments Securities covered by the S & P CNX Nifty Index Money Mrket Instruments, other short term debt instruments s permitted under SEBI (Mutul Funds) Regultions, 1996 nd Liquid Schemes of Mutul Funds Type of instruments Equity nd Equity-relted Securities Debt nd Money Mrket Instruments Norml Alloction (% of Net Assets) Minimum Alloction (% of Net Assets) Mximum Alloction (% of Net Assets) 90% 0% Minimum Alloction (% of Net Assets) 90% 10% Norml Alloction (% of Net Assets) Mximum Alloction (% of Net Assets) Type of instruments Norml Alloction (% of Net Assets) Minimum Alloction (% of Net Assets) Mximum Alloction (% of Net Assets) Open-ended diversified equity schemes of mutul funds registered with SEBI. 90% Money Mrket Instruments 0% 10% 0% 20% 10% Norml Alloction (% of Net Assets) Minimum Alloction (% of Net Assets) Mximum Alloction (% of Net Assets) 80% 0% Type of instruments Norml Alloction (% of Net Assets) Minimum Alloction (% of Net Assets) Mximum Alloction (% of Net Assets) Units of Quntum Gold Fund ETF 95% Money Mrket instruments, Short-term Corporte 0% 10% debt securities, CBLO nd units of Debt nd Liquid Schemes of Mutul Funds To invest in Physicl Gold. To invest in stocks of compnies comprising S&P CNX Nifty Index. To invest in shres of compnies included in BSE-200 Index. To invest in portfolio of open-ended diversified equity schemes of mutul funds registered with SEBI. To invest in the units of Quntum Gold Fund ETF Exchnge Trded Fund-Gold Exchnge Trded Fund Index Equity Linked Svings Scheme Equity Fund of Funds Scheme Open Ended Fund of Funds Scheme , , ,582 Dted: June 29, 2012

5 Quntum Gold Fund (An Open-ended Exchnge Trded Fund -Gold) Quntum Index Fund (An Open-ended Exchnge Trded Fund) 505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi DISTRIBUTOR INFORMATION COMMON APPLICATION FORM FOR ETF (Continuous Offer of units t Applicble NAV) Appliction No: QMFO FOR OFFICE USE ONLY nd only ^ st Indi s 1 Direct to Investor Mutul Fund QMFO Nme & ARN Code Sub-Broker Code E- Code Registrr/Bnk Seril No. Dte of Receipt Time of Receipt 2 Plese red the instructions crefully, before filling up the ppliction. All sections to be filled in English nd in BLOCK LETTERS. Fields mrked with ( ) re mndtory. * PAN DETAILS (Plese ttch certified PAN copy) * Mndtory * 1st Applicnt /Gurdin 2nd Applicnt POA Holder 3 APPLICANT INFORMATION (Refer Instruction No. 2 ) (Fields mrked with # re compulsory) * Plese ensure tht the nme of the investor in the ppliction form mtches with the ccount held with the depository prticipnt. Nme of Sole/ 1st Applicnt Mr. Ms. M/s. Others Plese Specify Dte of Birth/ Dte of Incorportion # Mobile No. # Emil ID Prent/ Gurdin Nme of 1st Applicnt - (in cse of Minor)/Contct person (in cse of non individul pplicnt) Nme of 2nd Applicnt Mr. Ms. M/s. Mobile No. Emil ID Nme of 3rd Applicnt Mr. Ms. M/s. Mobile No. Emil ID Mode of Holding Single Joint Any one or survivor(s) Legl Sttus Plese ( ) ü PAN (Refer Instruction No.10) Mndtory * 3rd Applicnt PAN (Refer Instruction No.10) D D M M Y Y Y Y Reltionship with Minor/ Designtion Dte of Birth D D M M Y Y Y Y Dte of Birth D D M M Y Y Y Y Resident Individul Resident Minor FII s Society/Club AOP/BOI FOF HUF NRI/PIO Reptrition Bsis NRI/PIO Non-Reptrition Bsis NRI/PIO Minor Reptrition Bsis NRI/PIO Minor Non-Reptrition Bsis Prtnership Firm Trust Bnk Compny/Body Corporte Others Plese Specify Occuption Business Professionl Agriculturist House Wife Student Defence Bureucrt Retired Forex Deler Unlisted Compny Listed Compny Politiclly Exposed Person Privte Sector Service Public Sector / Gov. Service Delers in High Vlue Commodities (Trders in Precious Metls, Jewellery & Antique Delers) Shre Broker Others Plese Specify Annul Income (Plese ü) Upto 5 Lcs 5 to 15 Lcs 15 to 25 Lcs 25 Lcs & bove Miling Address of Sole/First Applicnt (P.O. Box lone my not be sufficient) Overses Investor must provide Indin Address City Stte Country I N D I A Pin code Contct Detils of Sole/ First Applicnt Tel No - STD Code Res. Off. Fx Overses Address (mndtory for NRI/FII pplicnt). Address for correspondence (for NRI pplicnts) Applictions from investors residing in USA or Cnd shll not be ccepted Indin Overses 4 5 City POWER OF ATTORNEY (POA) (Refer Instruction Nos. 1(f) & 3) (If investment is being mde by Constitutionl Attorney, plese submit notrised copy of POA) POA Nme Mr./Ms. Address * Country City INVESTMENT DETAILS (Plese ) (Refer Scheme Specific Instructions) Portfolio Deposit^ No of units (in Figures): Quntum Gold Fund Csh Subscription^ No of units (in Words): Gold Deposited /To be Deposited (kgs): Shipper: Portfolio Deposit^ No of units (in Figures): Quntum Index Fund Csh Subscription^ No of units (in Words): Delivery Instruction Copy Submitted Yes Not Applicble Zip code Pin No. (^Refer Scheme Specific Instructions point No. 4 & 8) (^Refer Scheme Specific Instructions point No. 4 & 6) ACKNOWLEDGEMENT SLIP (To be filled in by the investor) Appliction No: QMFO Quntum Mutul Fund-505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi Scn this code, nd fill your Detils. Our Representtive will get in touch with you. Dte D D M M Y Y Y Y n ppliction for llotment Scheme Received from: Mr. / Ms. / M/s ACKNOWLEDGEMENT STAMP vide Cheque No. / RTGS/ NEFT Reference No. Dted Amount (`) Drwn on Bnk nd Brnch Plese note: All purchses re subject to reliztion of cheques (plese refer Scheme Informtion Document)

6 6 13 * BANK ACCOUNT DETAILS (Refer Instruction No. 5) A/c Type [plese ü] SB Current NRO NRE FCNR Account No QUANTUM MUTUAL FUND PAN XXXXXXXX PAY OR BEARER Bnk Nme Brnch RUPEES ` Brnch Address 11 DIGIT IFSC Code City Pin 9 DIGIT MICR Code IFSC Code MICR Code IFSC QTMF Preferred mode of pyment Electronic Credit. RTGS IFSC/NEFT code will help us trnsfer the mount to your bnk ccount quicker, electroniclly. " " " 23 Plese provide Bnk A/c detils linked with the demt ccount. Incse of difference, bnk detils will be considered s per depository records. 7 PAYMENT DETAILS (Refer Instruction No. 6) Mode of Pyment Direct Credit RTGS / NEFT Trnsfer Cheque Fund trnsfer 8 RTGS/ NEFT Reference No. & Dte: Cheque No. & Dte: Totl Amt ( `) Bnk /Brnch & City Account Type SWITCH DETAILS All Units : From Scheme : DP ID No. DP Nme SOURCE OF INFORMATION SB Current NRO NRE FCNR Prtil Units: Quntum Long Term Equity Fund Quntum Tx Sving Fund Quntum Equity Fund of Funds Dividend Option Growth Option Dividend Reinvestment Fcility Dividend Pyout Fcility 9 REDEMPTION DETAILS (Plese ) Quntum Gold Fund Delivery Instruction Copy Submitted: Dte D D M M Y Y Y Y Dte D D M M Y Y Y Y Yes Yes (^Refer Scheme Specific Instructions point No. 7 & 9) (^Refer Scheme Specific Instructions point No. 5 & 7) No. of units (in figure) No. of units (in words) 10 NOMINATION Since the Units of the Scheme will be issued in electronic (demt) mode, Nomintion detils provided to the DP shll be pplicble. 11 DOCUMENTS ENCLOSED (Plese ü) Totl number of documents Resolution/ Authoristion to invest List of uthorised signtory specimen signtures Memorndum & Articles of Assocition Notrised POA Prtnership Deed Proof of Address Copy of PAN Crd Trust Deed Bye-lws KYC Complince Overses Auditor Certificte Foreign Inwrd Remittnce Certificte Minor relted documents PIO Crd Client Mster copy or ny documents specifying the nme nd demt ccount no. detils s proof of demt ccount furnished in the ppliction form. How did you come to know bout Quntum Mutul Fund? Advertisement Friend/Reltive Sles Tem IFA / Distributor Distributor (Nme & ARN Code Others DECLARATION AND SIGNATURE(S) : I/We hve red nd understood the terms & contents of the Scheme Informtion Document(s) of the respective scheme(s) nd Sttement of Additionl Informtion nd Addend of Quntum Mutul Fund thereto. I/We hereby pply to the Trustee of Quntum Mutul fund for purchse/llotment of units of the scheme s indicted bove nd gree to bide by the terms nd conditions, rules nd regultions of the Scheme. I/We further declre, I m / we re uthorized to invest the mount & tht the mount invested by me/us in the bove mentioned scheme is derived through legitimte sources nd leglly belong to me/us nd not of ny third prty nd is not held or designed for the purpose of contrvention of ny cts, rules, regultions or ny sttute or legisltion or ny other pplicble lws or notifictions, directions issued by the governmentl or sttutory uthority in Indi or of the country where I/we for the time being reside from time to time. It is expressly understood tht I/We hve the express uthority from our constitutionl documents to invest in the units of the scheme nd Quntum AMC/Trustee/Fund would not be responsible if the investment is ultr vires thereto nd the investment is contrry to the relevnt constitutionl documents. I/We hve not received nor been induced by ny rebte or gifts, directly or indirectly in mking this investments. I /We hereby uthorize Quntum Mutul Fund, its Investment Mnger nd its gents to disclose detils of my investment to my bnk(s) / Quntum Mutul Fund s bnk(s). I/We uthorize this Fund to reject the ppliction, revert the units credited/redeem units creted t pplicble NAV (less exit lod, if ny), restrin me/us from mking ny further investment in ny of the schemes of the fund, recover/debit my/our folio(s) with the penl interest nd tke ny pproprite ction ginst me/us in cse the cheque(s)/ pyment instrument is/re returned by my/our bnker for ny reson whtsoever. I/We undertke tht these investments re my/our own nd cknowledge tht Quntum AMC reserves the right to cll for such other dditionl informtion/documents s required to comply with KYC norms. I/ We understnd tht nd further uthorize Quntum AMC, Quntum Mutul Fund to disclose, shre / source my dt / documents / informtion specimen signture to/from third prty / KRA nd Quntum Mutul Fund, Quntum AMC hs the right to use the sme for llowing view/consolidtion of my/my fmily dt to fulfill ny sttutory / regultory / industry requirements / specimen signture for vlidtion to process ny future trnsctions tht re submitted by me / us; besides Quntum Mutul Fund / Quntum AMC cn further insist on seeking verifiction of my signture by my / our defult bnk. I/We hereby, further gree tht the Fund cn directly credit ll the dividend pyouts nd redemption mount to my bnk detils given bove. In cse of use of Pickup Fcility, I/We voluntrily undertke nd cknowledge the risks relted for using of the Pickup Fcility nd shll not hold Quntum AMC/Trustee/Fund lible for ny dmges or losses or loss of profit or opportunity loss if the ppliction deposited is lost/misplced/delyed processed. I/We hereby declre tht the prticulrs bove re correct. The ARN holder hs disclosed to me/us ll the commissions (in the form of tril commission or ny other mode), pyble to him for the different competing Schemes of vrious Mutul Funds from mongst which the Scheme is being recommended to me/us. I further gree not to hold Quntum Mutul fund lible for ny consequences in cse of ny of the bove prticulrs being flse, incorrect or incomplete. I hereby undertke to promptly inform Quntum Mutul Fund of ny chnges to the informtion provided hereinbove nd gree nd ccept tht the Quntum Mutul Fund, their uthorized gents nd representtives re not lible or responsible for ny loss, costs, dmges rising out of ny ctions undertken or ctivities performed by them on the bsis of informtion provided by me s lso due to not intimting/dely in intimting such chnges. I/We hereby uthorize Quntum Mutul Fund to disclose, shre, remit in ny form, mode or mnner ll/ny of the informtion provided by me to ny Regultory Authority (ies) including Finncil Intelligence Unit, Indi (FIUIND) including ll chnges, updtes to such informtion s nd when provided by me without ny obligtion of dvising me/us of the sme.i/we hereby uthorize Quntum AMC to verify/vlidte with my / our Bnkers or with ny entity/source, the bnk ccount detils provided by me/us in the initil /dditionl subscription s well s ny subsequent multiple bnk mndte registrtions submitted by me/us while investing in Schemes of Quntum Mutul Fund. Applicble to NRI only: I/We confirm tht I m / we re Non Resident of Indin Ntionlity/Origin but not person residing in Cnd or United Sttes person within the mening of Regultion(s) under the United Sttes Securities Act of 1933, s mended from time to time or of ny country not complint under the FATF Agreements nd I/We hereby confirm tht the funds for subscription hve been remitted from brod through pproved bnking chnnels from funds in my/our Non- Resident Externl/Ordinry Account/FCNR Account. (Including mount of Additionl Purchse Trnsction mde in future). I/We uthorize this fund to reject the ppliction, revert the units crediting/redeem units creted t pplicble NAV (less exit lod, if ny), restrin me/us from mking ny further investment in ny of the schemes of the fund, in cse I/we hve not provided detils of me/us being resident of Cnd or USA or ny country not complint under the FATF Agreements either t the time of investment or subsequently. A/c PAYEE To Quntum Gold Fund (Only during liquidity window period) Growth Option Quntum Liquid Fund Dily Dividend Reinvestment Option Quntum Gold Svings Fund - Growth Option Quntum Index Fund Portfolio Deposit^ Csh Redemption^ Portfolio Deposit^ Csh Redemption^ * Delivery Instruction Copy Submitted: 12 DEMAT ACCOUNT DETAILS (Plese ) (Refer Instruction No. 7) NSDL CDSL BENEFICIARY Account No. Monthly Dividend Pyout Option Quntum Multi Asset Fund -Growth Option Reptrition Non Reptrition Signture(s) Dte D D M M Y Y Y Y Plce Sole/1st Applicnt/Gurdin / Authorised Signtory / POA Signtory 2nd Applicnt / Authorised Signtory 3rd Applicnt / Authorised Signtory To Invest with Us: Cll our Toll Free No.: / Send us Emil: CustomerCre@QuntumAMC.com Visit our Website: th Visit our Brnch: 505, Regent Chmbers, 5 Floor, Nrimn Point, Mumbi CHECKLIST ( Plese submit the following documents with your ppliction (where pplicble). All documents should be originl/true copies certified by Director/Trustee /Compny Secretry /Authorised signtory / Notry Public.) Documents Individul Compnies Societies Prtnership Firms Investment through POA Trusts NRI FIIs PIO Resolution/ Authoristion to invest List of uthorised signtories with specimen signtures Memorndum & Articles of Assocition Trust Deed Bye-lws Prtnership Deed Overses Auditor Certificte Notrised POA Proof of Address Copy of PAN Crd PIO Crd Foreign Inwrd Remittnce Certificte

7 INSTRUCTIONS FOR FILLING UP THE APPLICATION FORM 1 GENERAL INSTRUCTIONS ) Plese red the Key Informtion Memorndum, Scheme Informtion Document (SID) of the respective scheme(s) nd Sttement of Additionl Informtion (SAI) contining the terms of offer crefully before investing. b) Plese Tick ( ü) in the pproprite box ( o), where boxes hve been provided. c) Appliction Form should be filled legibly in ENGLISH in BLOCK letters using Blck or Drk Blue ink. Incomplete ppliction forms re lible to be rejected. d) Plese strike out ny section tht is not pplicble. Correction/Cncelltion on ny of the informtion should be countersigned by the investor. e) All pplicnts re deemed to hve ccepted the terms subject to which the offer is being mde nd bind themselves to the terms upon signing the Appliction Form nd tendering the pyment. f) In cse of pplictions under Power of Attorney or by Limited Compny or by Corporte Body or Eligible Institution or Registered Society or Trust or Fund the originl Power of Attorney or the certified copy thereof duly notrised nd the relevnt resolution or uthority to mke the ppliction, s the cse my be including uthority grnted in fvour of the officils signing the ppliction nd their specimen signture etc., or duly certified copy thereof longwith certified copy of the Memorndum nd Articles of Assocition nd/or bye-lws nd/or trust deed nd/or prtnership deed nd certificte of registrtion must be th lodged t the Quntum AMC Mumbi Brnch: 505, Regent Chmbers, 5 Floor, Nrimn Point, Mumbi , quoting the seril number of ppliction simultneously with the submission of the Appliction Form, filing which the ppliction is lible to be rejected. g) All communictions nd pyments will be mde to the sole/first pplicnt or to the Krt in cse of HUF. h) While processing the redemption/switch out request in cse Quntum AMC come cross signture mismtch, then Quntum AMC reserves the right to process the redemption/switch only on the bsis of supporting documents confirming the identity of the investors. List of such documents would be notified by Quntum AMC from time to time. 2 APPLICANT INFORMATION. Nme should be given in full without ny bbrevitions. Preferbly write exctly s it ppers in your Demt Account or s it ppers in the incorportion document s the cse my be. b. Nme, Dte of birth of the Minor, Nme of Prent/Gurdin nd reltionship with minor is mndtory for investment on behlf of Minor pplicnt, proof of dte of birth nd reltionship proof is mndtory. c. Nme of the Contct Person, emil nd Telephone no. should be mentioned in cse of investments by Compny, Body Corporte, Trust, Society, FII nd other non-individul pplicnts. d. The signture should be in English or in ny of the Indin lnguges. Thumb Impressions must be ttested by mgistrte or notry public or specil executive mgistrte under his/her officil sel. Appliction by minor should be signed by the gurdin. In cse of H. U. F., the Krt should sign on behlf of the H. U.F. th e. Quntum AMC Mumbi Brnch: 505, Regent Chmbers, 5 Floor, Nrimn Point, Mumbi will ffix time stmp/mnul stmp nd return the cknowledgement slip from the ppliction form, to cknowledge receipt of the ppliction. No seprte receipt will be issued for the ppliction money. f. Plese fill in ll the fields to prevent rejection of your Appliction Form. The ppliction complete in ll respects long with the Portfolio Deposit/ Bsket, cheque, fund trnsfer instructions must be submitted to the Quntum AMC Mumbi Brnch: 505, th Regent Chmbers, 5 Floor, Nrimn Point, Mumbi Applictions which re incomplete, invlid in ny respect or not ccompnied by Portfolio Deposit/ Bsket, cheque or fund trnsfer instructions for the mount pyble re lible to be rejected. g. Investors must write the Appliction Form number on the reverse of the cheques ccompnying the Appliction Form. h. Nme nd ddress must be given in full (P.O. Box Address lone is not sufficient). In cse of NRIs/FIls Overses Address' should lso be provided filing which ppliction my be rejected. In ddition, Indin ddress should be stted for correspondence. i. Some dditionl detils re required for vlidting your identity for certin trnsctions / Communictions. Hence plese fill nnul income, the mobile number, emil id in cse of ll pplicnts nd dte of birth of ll unit holders. j. Plese provide emil ID & Mobile Number, this will help us send investment / product relted communiction nd resolve ny queries more promptly. This is compulsory for ll electronic/telecommuniction fcilities vilble now nd to be introduced in future. k. In the event the ppliction hs more thn one investor nd the mode of holding is lso specified in the ppliction form, the defult option for holding would be considered s per mode of holding s stted in the demt ccount. However, in ll such cses, communictions, proceeds of ll dividend/redemption will be pid to the first nmed holder. l. The minor shll be the first nd the sole holder in n ccount. There shll not be ny joint ccounts with minor s the first or joint holder. m. Dte of birth of the minor long with photocopy of supporting documents s enumerted below shll be mndtory while opening the ccount on behlf of minor: 1. Birth certificte of the minor, or 2. School leving certificte / Mrk sheet issued by Higher Secondry Bord of respective sttes, ICSE, CBSE etc., or 3. Pssport of the minor, or 4. Any other suitble proof evidencing the dte of birth of the minor n. Gurdin on behlf of the minor should either be nturl gurdin (i.e. fther or mother) or court ppointed legl gurdin. 3 POWER OF ATTORNEY Investment through constituted Attorney should necessrily be signed by the constituted Power of Attorney holder. 4 ELECTRONIC/ TELECOMMUNICATION FACILITY Documents would be sent directly by the Depository Prticipnt on the emil id etc. vilble in their records. Newsletters, Addend nd other generl informtion will be sent to you vi emil only. Physicl copies of the sme will not be sent. As per SEBI guidelines, Annul Report will be forwrded to the registered emil id s per DP records. In cse unitholder desires to receive physicl copy of the sme, written request to this effect needs to be submitted. 5 BANK ACCOUNT DETAILS SEBI Regultions hve mde it mndtory for investors to mention the Bnk Nme & ddress of brnch nd Bnk Account Number in their Investment ppliction form in order to protect the interest of investors from frudulent encshment of cheques. In cse the investor is minor, the bnk ccount detils for redemption purpose should be of the minor i.e. the minor should be n ccount holder in the bnk ccount. PAYMENT OF REDEMPTION /DIVIDEND: Investors re requested to provide the following detils long with the mndtory requirement of bnk ccount detils (bnk, brnch ddress, ccount type nd ccount no.) in the ppliction form for electronic fund trnsfer (EFT)of dividend / redemption mount to the unit holders bnk ccount. Quntum AMC will utomticlly extend this fcility to ll unit holders in cse the bnk ccount s communicted by the unit holder is with ny of the bnk providing EFT fcility. The 11 digit IFSC (Indin Finncil System Code 2). The 9-digit MICR (Mgnetic Ink Chrcter Recognition) number ppering next to the cheque number in the cheque lef is to be mndtorily given. Bsed on the bove informtion AMC will enble secure trnsfer of your redemption nd dividend pyouts vi the vrious electronic mode of trnsfers (RTGS /NEFT / Direct Credit mode tht re vilble in the bnking system). This fcility of EFT is sfe nd fst nd elimintes the potentil risk of loss of instruments in trnsit through physicl mode. The Mutul Fund, however, reserves the right to issue cheque / demnd drft to unit holders residing t loctions where this fcility is not vilble. If the remittnce is delyed or not ffected for resons of incomplete or incorrect informtion, Quntum AMC cnnot be held responsible. For vlidtion of IFSC/MICR code, investor to ttch the cncelled cheque/copy of cheque. If these documents re not provided the fund will not be responsible for consequent dely in receipt of pyment. Fund is lso not responsible for bnkers dely. 6 MODE OF PAYMENT 1. As required by AMFI, effective November 15,2010, Quntum Mutul Fund shll not ccept pplictions for subscriptions with third prty pyment instruments. 2. Investors my mke pyment by Cheque/DD pyble loclly in the city where the ppliction form is submitted t Quntum th AMC Mumbi Brnch: 505, Regent Chmbers, 5 Floor, Nrimn Point, Mumbi or electronic mode such s RTGS/NEFT directly to Mutul Fund Collection ccount. 3. The cheque should be drwn on ny bnk which is situted t nd is member/sub member of the bnkers clering house. Cheque drwn on the bnk not prticipting in the clering house will not be ccepted. 4. Pyment through Stock invest, outsttion cheques nd csh will not be ccepted. 5. The cheque should be drwn in fvor of Quntum Mutul Fund & PAN (number) or Quntum_(Scheme nme) & PAN (number) nd crossed Account Pyee Only. 6. Returned cheques will not be presented gin for collection nd the ccompnying ppliction will be rejected. 7. Single cheque for investments in multiple schemes nd multiple cheques for investments in Single Scheme will not be ccepted. 8. In cse of demnd drfts, unit holder should ttch necessry supporting documents s required by the fund, like Bnk certificte, self ttested Bnk Pss Book or sttement to prove tht the funds re from Bnk ccount held by the first Unit holder only else the fund reserves the right to reject the ppliction or cll for dditionl detils. 9. NRI / FII s Reptrition Bsis - In the cse of NRIs, pyment my be mde either by inwrd remittnce through norml bnking chnnels or out of funds held in their Non-Resident (Externl) Rupee Account (NRE)/ Foreign Currency (Non-Resident) Account (FCNR). FIIs shll py their subscription either by inwrd remittnce through norml bnking chnnels or out of funds held in Foreign Currency Account or Non-Resident Rupee Account mintined by the FII with designted brnch of n uthorized deler. Non Reptrition Bsis - In the cse of NRIs, pyment my be mde either by inwrd remittnce through norml bnking chnnels or out of funds held in their NRE/FCNR/Non-Resident Ordinry Rupee Account (NRO)/Non-Resident (Specil) Rupee Account (NRSR). Plese indicte by ticking the relevnt ccount from which pyment is being mde. 10. In cse of pyment through electronic mode (RTGS/NEFT or Trnsfer Letter), need to provide the bnk cknowledgement copy long with purchse ppliction. 7 DEMAT ACCOUNT Units will be issued in demt mode only. Plese submit Client Mster copy or ny documents specifying the nme nd demt ccount no. detils s proof of demt ccount detils furnished in the ppliction form. Investors/unitholders hve to ensure tht the bnk ccount through which the investment is being done mtches with the bnk ccount detils in the demt ccount. Allotment of Units will be in demt mode nd the bnk mndte, contct detils, nominee detils etc. will be s per the detils stted in the demt ccount. A demt sttement will be sent by Depository Prticipnt to the Unit holders in ccordnce with the bylws of the depository which will contin the detils of trnsction of Units. 8 NOMINATION Since the Units of the Scheme will be issued in electronic (demt) mode, Nomintion detils provided to the DP shll be pplicble. 9 KNOW YOUR CUSTOMER (KYC) COMPLIANCE As the Units will be issued in demt form the KYC performed by the Depository Prticipnt of the pplicnts will be considered s KYC verifiction done by the Trustee / AMC. In the event of non complince of KYC requirements, the Trustee/AMC reserves the right to freeze the folio of the investor(s) nd effect mndtory redemption of unit holdings of the investors t the pplicble NAV, subject to pyment of exit lod, if ny. For further detils, plese refer Section 'Know Your Customer (KYC) Complince under Sttement of Additionl Informtion of the Fund. 10 PERMANENT ACCOUNT NUMBER (PAN) Permnent Account Number (PAN) issued by the Income Tx Authorities hs been mde mndtory by SEBI for ll the pplictions received in the Scheme, irrespective of the mount of trnsction (except MICRO SIP Investments). Accordingly it is mndtory for investor's to provide their PAN long with self-ttested copy of PAN Crd while mking n ppliction for Purchse of Units. In cse of joint holding, PAN detils of ll holders should be submitted. In cse the ppliction is on behlf of minor /PoA holder, PAN detils of the Gurdin/ PoA holder must be submitted. Investors residing in the stte of Sikkim re exempt from the mndtory requirement of PAN proof submission; however sufficient documentry evidence shll hve to be submitted for verifying tht they re residents of the Stte of Sikkim. Applictions without the foresid detils re lible to be rejected without ny reference to the investors. Plese refer section PAN under SAI of Quntum Mutul Fund vilble on the website.

8 SCHEME SPECIFIC INSTRUCTIONS FOR QUANTUM GOLD FUND (QGF) 1 MINIMUM APPLICATION AMOUNT / NO OF UNITS The investors cn crete / redeem in exchnge of Portfolio Deposit or Csh nd Csh Component in Cretion Unit Size t NAV bsed Price. Presently one Cretion Unit Size is equl to 2000 QGF units nd in multiples thereof. Cretion Unit Size is the number of QGF units, which is exchnged for Portfolio Deposit which would consist of Physicl Gold of defined purity nd quntity, nd Csh Component. 2 PORTFOLIO DEPOSIT Portfolio Deposit shll consist of Physicl Gold which will be in predefined quntity nd purity nd will be held by the Custodin / Sub- Custodin s my be specified by the AMC nd will be defined nd nnounced by the AMC nd will vry from time to time. 3 CASH COMPONENT Csh Component represents the difference between the pplicble net sset vlue of units in Cretion Unit Size nd the mrket vlue of physicl Gold. The difference will represent the ccrued interest, income erned by the Scheme, ccrued nnul chrges including mngement fees nd residul csh in the Scheme. In ddition the csh Component my include trnsction cost s chrged by the Custodin/DP nd other incidentl expenses for creting units. The csh component will vry from time to time nd will be decided nd nnounced by the AMC. The Portfolio Deposit nd Csh Component for QGF units my chnge from time to time due to chnge in NAV. The Fund my from time to time chnge the size of cretion unit in order to equte it with mrketble lots of underlying instruments. The AMC discloses the Portfolio Deposit nd Csh Component on dily bsis on the website i.e. / for creting nd redeeming units in Cretion Unit Size for QGF. 4 PROCEDURE FOR CREATING QGF UNITS IN CREATION UNIT SIZE PORTFOLIO DEPOSIT The requisite physicl gold constituting the Portfolio Deposit hs to be submitted to the Custodin/ AMC while the Csh Component hs to be pid to the Custodin / AMC. On confirmtion of the sme by the Custodin/ AMC tht the pre-defined quntity nd purity of physicl gold hs been received, the AMC will trnsfer the respective number of QGF Units into the investors DP ccount. The AMC my crete Cretion Units prior to receipt of ll or portion of the relevnt Portfolio Deposit nd Csh Component in certin circumstnces were the purchser, mong other things, posts collterl to secure its obligtion to deliver such outstnding Portfolio Deposit Securities nd Csh Component. The investors need to furnish Cheque towrds pyment of Csh Component or credit the Csh Component to the collection ccount of the Fund. 5 GOOD / BAD DELIVERY OF GOLD i. Delivery would be in brs of weight 1 kg only (or such other denomintion t the discretion of the AMC). The gold brs delivered should be of minimum of fineness. ii. Brs re received from refiner ccredited to London Bullion Mrket Assocition (LBMA). iii. Detils in Assy Certificte mtches with the detils on the br with regrd to fineness, br number, refiner etc. iv. Assy certificte is duly signed by the signtory with the refiners logo printed on it. v. The Box number / Br number should mtch with the Box number / Br number listing. vi. Copy of delivery order issued to vult gent by the investor/counterprty longwith letter from the vult gent of the investor/counterprty (through its uthorized signtory) certifying Mster Airwy Bill No. (MAWB), box nd br nos, dte of import, loction of customs clernce nd lso stting tht ll sttutory chrges hve been pid nd the respective brs hve been directly imported by the counterprty nd hve not left the physicl custody of vulting gent t ny time fter import. Certified Vult gents would be Brinks Ary Pvt. Ltd. vii. Originl VAT invoice. The rte of gold indicted therein would be the sme s defined by the AMC in the portfolio deposit. In cse the AP/Eligible Investor does not hve VAT registrtion, the purchse tx, if ny, pid by the Fund on receipt of Gold from the AP/Eligible Investor, will be recovered from the AP/Eligible investor. The bove norms re indictive nd the AMC reserves the right to lter these without giving ny notice. The AP / Eligible Investor my verify from the Custodin the good / bd delivery norms before delivery of gold. The gold delivered will be verified by the Custodin or its uthorized Vulting Agents for complince with good / bd delivery norms. The Custodin will hve right to reject ny delivery s bd nd the decision of the Custodin in this regrd will be finl. Where the delivery is rejected by the Custodin on ccount of not meeting good delivery norms, it shll be the responsibility of the AP / Eligible Investor to collect the gold from the premises of Custodin / uthorized Vulting Agent. The AMC will on confirmtion from the Custodin tht the gold submitted meets the good delivery norms, instruct the Registrr to uplod the units in the demt ccount of the investor. 6 DELIVERY OF GOLD All deliveries, in cse of subscription, shll be in Mumbi only. In cse of subscription, it shll be the responsibility of the AP / Eligible Investor to deliver the Gold to ny of the Custodin's uthorized vulting gents. Similrly, in cse of redemption the AMC will deliver the Gold to the AP / Eligible Investor t the premises of the Custodin's uthorized vulting gent. Deutsche Bnk AG, the Fund's Custodin, hs ppointed Brinks Ary Indi Privte Limited s their vulting gents. Their contct detils re s under: Brinks Ary Indi Privte Limited (Brinks) G-9, Dimond Plz, Lmington Rod, Mumbi Contct Person for Custody - Kivn P. Jlnwll Tel No. & e-mil ddress & kivn@brinksry.com Fx No Brinks will ccept / give deliveries of gold on ll working dys between 9:00 m to 5:00 pm. 7 PROCEDURE FOR REDEEMING QGF UNITS IN CREATION UNIT SIZE - PORTFOLIO DEPOSIT The requisite number of QGF Units equling the Cretion Unit Size hs to be trnsferred to the Fund's DP ccount nd the Csh Component to be pid to the AMC / Custodin. On confirmtion of the sme by the AMC, the custodin will trnsfer the Portfolio Deposit by hnding over the physicl Gold of the predefined purity nd quntity to the investor nd py the Csh Component, if pplicble. The AMC my redeem the QGF units in Cretion Unit size prior to receipt of ll or portion of the relevnt QGF units in certin circumstnces where the purchser, mong other things, posts collterl to secure its obligtion to deliver such outstnding QGF units. Demt Account Detils: Depository Nme DP ID (CDSL) Client ID Nme of the ccount 8 PROCEDURE FOR CREATION OF QGF UNITS IN CREATION UNIT SIZE CASH SUBSCRIPTION The pyment of requisite csh for cretion of units in Cretion Unit Size t pplicble NAV bsed prices shll be mde s determined by the AMC only by mens of Pyment Instruction of Rel Time Gross Settlement (RTGS) / Ntionl Electronic Fund Trnsfer (NEFT) / Funds Trnsfer Letter / Trnsfer Cheque of bnk where QGF hs collection ccount. The AMC will rrnge to buy the underlying physicl gold on behlf of the investors on receipt of the subscription ppliction long with the subscription mount. The underlying physicl gold shll be purchsed within 3 Business Dys on the receipt of the subscription mount. The Investors need to incur ll the ctul cost of purchse of the underlying physicl gold nd funding of mrket movement from the time of ppliction to ctul buying of underlying physicl gold by the AMC in ddition to the csh component (if ny) s determined by the AMC from time to time. Any excess / shortfll in the mount pid on ccount of the subscription will be refunded / collected to / from the investors. Collection Account to be used for Cretion of Unit Size - Csh Subscription: Beneficiry Account nme Bnk Nme Beneficiry Account No Brnch Address IFSC code 9 PROCEDURE FOR REDEEMING OF QGF UNITS IN CREATION UNIT SIZE - CASH REDEMPTION The requisite QGF units in demt mode hve to be trnsferred to the Fund DP's ccount long with the ppliction for redemption of units in Cretion Unit Size t pplicble NAV bsed prices. The AMC will rrnge to sell physicl gold on behlf of the investors within 3 Business Dys of the receipt of request for redemption. The investors need to incur ll the ctul costs in connection with the sle of physicl gold nd mrket movement from the time of ppliction to ctul selling of physicl gold by the AMC in ddition to the csh component (if ny) s determined by the AMC from time to time. The sle proceeds of the physicl gold, fter djusting necessry chrges / cost will be remitted to the investors. Demt Account to be used for Redeeming QGF units in Cretion Unit Size Portfolio Deposit : Depository Nme DP ID (CDSL) Client ID Nme of the ccount 10 LIQUIDITY WINDOW Deutsche Bnk AG Quntum Gold Fund Quntum Gold Fund Collection Account HDFC BANK LTD FORT - NANIK MOTWANI MARG HDFC Deutsche Bnk AG Quntum Gold Fund The dys on which the Mutul Fund will issue or repurchse units directly from Investors, s my be decided by the Mutul Fund, t its discretion from time to time during the continuous offer. Presently, the Liquidity Window for direct subscription is open on ll Business Dys only for Authorised Prticiption / Eligible Investors / Lrge Investors; the Fund my in its own discretion nd in the interest of the retil investors, open the Liquidity Window for such period s it my decide from time to time to llow liquidity to investors.

9 SCHEME SPECIFIC INSTRUCTIONS FOR QUANTUM INDEX FUND (QIF) 1 MINIMUM APPLICATION AMOUNT / NO. OF UNITS The investors cn crete / redeem in exchnge of Portfolio Deposit or Csh nd Csh Component in Cretion Unit size t NAV bsed Price - Presently One cretion unit is equl to 2000 Units nd in multiples thereof. The units of QIF issued under the scheme will be pproximtely equl to the price of 1/10 (one-tenth) of the S&P CNX Nifty Index. Cretion Unit Size is fixed number of units, which is exchnged for bsket of shres underlying the Benchmrk Index, clled the Portfolio Deposit nd Csh Component 2 PORTFOLIO DEPOSIT This is pre-defined bsket of securities tht represent the underlying index nd will be defined nd nnounced by the fund on dily bsis nd cn chnge from time to time. 3 CASH COMPONENT Csh Component represents the difference between the pplicble net sset vlue of cretion unit nd the mrket vlue of Portfolio deposit. This difference will represent ccrued dividends, ccrued nnul chrges including mngement fees nd residul csh in the Scheme. In ddition the Csh Component will lso include trnsction cost s chrged by the Custodin/ DP, equliztion of dividend nd other incidentl expenses for Creting / Redeeming of Units. The Csh Component will vry from time to time nd will be decided nd nnounced by the AMC. The Portfolio Deposit nd Csh Component for QIF Units my chnge from time to time due to chnges in the underlying Index on ccount of corporte ctions nd chnges to the index constituents. The AMC discloses the Portfolio Deposit nd Csh Component on dily bsis on the website i.e. / for creting nd redeeming units in Cretion Unit Size for QIF. 4 PROCEDURE FOR CREATING QIF UNITS IN CREATION UNIT SIZE - PORTFOLIO DEPOSIT The requisite securities constituting the Portfolio Deposit hve to be trnsferred to the Fund's DP ccount while the Csh Component hs to be pid to the Custodin/AMC. On confirmtion of the sme by the Custodin/AMC, the AMC will trnsfer the respective number of QIF Units into the investor's DP ccount. The AMC my crete Cretion Unit prior to receipt of ll or portion of the relevnt Portfolio Deposit nd Csh Component in certin circumstnces s determined by the AMC including where the purchser, mong other things, posts collterl to secure its obligtion to deliver such outstnding Portfolio Deposit Securities nd Csh Component. Demt Account to be used for Creting QIF units in Cretion Unit Size Portfolio Deposit: Depository Nme DP ID (NSDL) Client ID Nme of the Account The investors need to furnish Cheque towrds pyment of Csh Component or credit the Csh Component to the collection ccount of the Fund. Beneficiry Account nme Bnk Nme Beneficiry Account No Brnch Address IFSC code Deutsche Bnk AG IN Quntum Index Fund Quntum Index Fund Collection Account HDFC BANK LTD FORT - NANIK MOTWANI MARG HDFC PROCEDURE FOR REDEEMING QIF UNITS IN CREATION UNIT SIZE PORTFOLIO DEPOSIT The requisite number of QIF units equling the Cretion Unit hve to be trnsferred to the Fund's DP ccount while the Csh Component hs to be pid to the Custodin/AMC. On confirmtion of the sme by the Custodin/AMC, the AMC will trnsfer the Portfolio Deposit into the investor's DP ccount nd py the Csh Component, if pplicble. The AMC my redeem Cretion Unit prior to receipt of ll or portion of the relevnt Portfolio Deposit nd Csh Component in certin circumstnces s determined by the AMC including where the seller, mong other things, posts collterl to secure its obligtion to deliver such outstnding Portfolio Deposit Securities nd Csh Component. Demt Account to be used for redeeming QIF units in Cretion Unit Size Portfolio Deposit: Depository Nme Deutsche Bnk AG DP ID (CDSL) Client ID Nme of the ccount Quntum Index Fund 6 PROCEDURE FOR CREATING QIF UNITS IN CREATION OF UNIT SIZE - CASH SUBSCRIPTION The pyment of requisite csh for cretion of units in Cretion Unit Size t pplicble NAV bsed prices shll be mde s determined by the AMC only by mens of Pyment Instruction of Rel Time Gross Settlement (RTGS) / Ntionl Electronic Fund Trnsfer (NEFT) / Funds Trnsfer Letter / Trnsfer Cheque of bnk where QIF hs collection ccount. The AMC will rrnge to buy the underlying portfolio of securities on behlf of the Investors on receipt of the subscription ppliction long with the subscription mount. The underlying portfolio of securities shll be purchsed within 3 Business Dys on the receipt of the subscription mount. The Investors need to incur ll the ctul costs of purchse of the underlying portfolio of securities nd funding of mrket movement from the time of ppliction to ctul buying of underlying portfolio of securities by the AMC in ddition to the csh component (if ny) s determined by the AMC from time to time. Any excess / shortfll in the mount pid on ccount of the subscription will be refunded / collected to / from the investors on llotment of units. Collection Account to be used for Cretion of Unit Size - Csh Subscription: Beneficiry Account nme Bnk Nme Beneficiry Account No Brnch Address IFSC code Quntum Index Fund Collection Account HDFC BANK LTD FORT - NANIK MOTWANI MARG HDFC PROCEDURE FOR REDEEMING QIF UNITS IN CREATION OF UNIT SIZE CASH REDEMPTION The requisite QIF units in demt mode hve to be trnsferred to the Fund DP's ccount long with the ppliction for redemption of units in Cretion Unit Size t pplicble NAV bsed prices. The AMC will rrnge to sell the bsket of securities on behlf of the Investors within 3 Business Dys of the receipt of request for redemption. The Investors need to incur ll the ctul costs in connection with the sle of bsket of securities mrket movement from the time of ppliction to ctul selling of underlying portfolio of securities by the AMC in ddition to the csh component (if ny) s determined by the AMC from time to time. The sle proceeds of the bsket of securities, fter djusting necessry chrges / cost will be remitted to the Investors. Demt Account to be used for Redeeming QIF units in Cretion Unit Size- Csh Redemption Depository Nme DP ID (CDSL) Client ID Nme of the ccount Deutsche Bnk AG Quntum Index Fund 8 SECURITIES IN NO DELIVERY PERIOD IN NSE In cse certin securities which form prt of the Portfolio Deposit (trnsferred by the pplicnt) re in NO Delivery Period in NSE t the time of cretion of units, the pplicnt will deliver the securities to the fund nd fund will repy the corporte benefit if ny received by it on such securities to the pplicnt, on receipt of the sme from the compny. At the time of redemption of units by n pplicnt if certin securities tht form prt of the Portfolio Deposit to be trnsferred by the Fund to the pplicnt is in NO delivery period, the fund will trnsfer sid securities to the pplicnt fter the record dte.

10 INVESTOR SERVICE CENTERS/ OFFICIAL POINT OF ACCEPTANCE Quntum Asset Mngement Compny Pvt. Ltd. Mumbi: 505, Regent Chmbers, 5th Floor, Nrimn Point, Mumbi WEBSITE CustomerCre@QuntumAMC.com TOLL FREE HELPLINE /