Quantum Mutual Fund's Invest Online platform is interesting

Quantum Mutual Fund which among other funds runs the Quantum Long Term Equity, a five star fund (rated by Value Research) has come up with an interest electronic platform Invest Online Platform for new investors to invest in their funds.


Opening an account with any fund house requires some leg work and paper work. However, Quantum has bypassed all the paperwork for KYC (Know Your Customer) norms compliant customers. It has made the process of opening an account very simple. They directly take your documents from CSDL. As per the Quantum Mutual Fund

Just so you are aware; we will proactively pick up your documents (in electronic format) from CDSL Ventures Limited (CVL) and store them against your Folio/name. However, we may contact you in future, in case of any issues in procuring the same.

I am not sure if one should feel comfortable with personal information being accessed by an organization directly from CVL, however those who are comfortable with this idea can start investing in a new fund onlne, without any hassle which comes about with the paperwork.

For those who are interested in learning more can read the very simple information available in the Invest Online Platform FAQ's (frequency asked questions). It is self explanatory.