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Quantun Cuts Expenses For Two MFs

Quantun Mutual Fund has reduced the expense ratio for two of its funds.

    Quantun Mutual Fundhas reduced the expense ratio for two of its funds,Indian Expressreports. Changes have been made to theQuantum Long Term Equity Fundand theQuantum Tax Saving Fund.

    The Indian firm has cut the fund expenses to 1.25% from 1.5%, effective from June 1, 2011. The move will result in more of investor money getting invested and a higher return for investors.

    Click here for the story fromIndian Express.

    Click here for the additional coverage fromCommodity Online.

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