Here is a review of Quantum Long Term Equity Mutual Fund. This is a large cap/mid cap equity mutual fund from Quantum Fund house. Quantum fund house is run by Ajit Dayal – one of India’s only maverick mutual fund visionary. Ajit has successfully run his funds without any support from powerful distribution channels and believes that “The closer you get to money, the more it stinks.”
Among all the largecap/midcap category, this is one of the best mutual funds available and you can be rest assured that if you invest your money in this, then you have done the right thing.
A return of 13.50% CAGR as of writing is any indication of how this mutual fund has performed over the years.
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A very good consistent performer. For a corpus of just over 100 crores it has delivered good returns. I had shortlisted this fund for SIP few years back but then opted for DSP Top 100 and HDFC Equity.
Yeah there are two many good MFs in India in this category, I think your choice is good.
Looks like a good recommendation. Even I had it shortlisted but couldn’t buy because my online portal does not have it in their list.
Which online portal Vivek ? That is a bit surprising.
Citibank’s online portal does not sell Quantum MFs.
Yeah Vivek, that is the issue with online portals, they are not lined up with all the MFs to sell the best ones ! You can go and directly buy via Quantaum website.
i registered for SIP today.
@Vikrant,
Good, wise choice. What analysis you did to shortlist this fund?
Great, I hope you have looked at other MFs in your portfolio to ensure that you are not duplicating the same types of MFs.
Hummmm nice MF, can be included in portfolio.
Currently no space for this in my portfolio, will mark this one if required to replace any fund from this category.
Yes, QLTE is great but not for 1-4Y span, you can create your core portfolio or retirement plan, like me, it has robust performance….