An NFO, or New Fund Offer, is the initial subscription window during which a new mutual fund scheme is launched to investors, similar to how an IPO works for company shares. Units are offered at a fixed offer NAV, typically Rs 10 per unit, during the NFO window. Once the NFO closes and units are allotted, the fund begins trading at its market NAV like any existing mutual fund scheme.
Quantum Flexi Cap Fund Regular G NFO opened for subscription on its launch date and closes on its end date, as shown on this page. Units will be allotted on the allotment date at the offer NAV of Rs 10 per unit. Once allotted, the fund will begin trading at its market NAV, which can be tracked from your Chola Securities portfolio.
Quantum Flexi Cap Fund Regular G NFO carries a 3-year lock-in period, consistent with its classification as an ELSS (Equity Linked Savings Scheme). Investments in ELSS schemes also qualify for tax deduction under Section 80C of the Income Tax Act, 1961, up to the applicable limit, subject to prevailing tax laws.
Quantum Flexi Cap Fund Regular G NFO is classified as Very High risk, as per SEBI's mandated riskometer for mutual funds. This risk classification is typical for Midcap and ELSS category funds, which invest predominantly in mid and small cap equity stocks.
Quantum Flexi Cap Fund Regular G NFO is managed by as Lead Fund Manager for equity,.
You can apply for Quantum Flexi Cap Fund Regular G NFO through the Chola Securities app or web platform during the NFO subscription window. Units are offered at the fixed offer NAV of Rs 10 per unit. Once allotted on the allotment date, you can track the fund's holdings, NAV, and returns directly from your Chola Securities portfolio.