Quantum Mutual Fund has filed an offer document with Securities and Exchange Board of India (SEBI) to launch Quantum Gold Savings Fund, an open ended fund of fund scheme. The investment objective of the scheme is to provide capital appreciation by predominantly investing in units of Quantum Gold Fund - Exchange Traded Fund (QGF).

Religare Mutual Fund has declared dividend under its scheme, Religare Contra Fund (open ended equity diversified scheme). The quantum of dividend decided for distribution is 20 per cent that is Rs 2 per unit on the face value of Rs. 10 per unit. The record date decided for distribution of dividend is 12th March, 2010.