Quantum Mutual Fund has launched an open-ended fund of funds scheme — Quantum Multi Asset Fund.

The scheme will try to generate capital appreciation while trying to reduce risk by diversifying the risks across asset classes, from a combined portfolio of equity, debt or money markets and gold schemes of Quantum Mutual Fund, said a release from the fund house.

The new fund offer opens on June 22 and will close on July 5. The fund will reopen for continuous subscription on July 16.

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