Quantum Mutual Fund collaborates with ONDC to widen access to mutual funds

Quantum Asset Management Company (AMC) has announced its onboarding onto the Open Network for Digital Commerce (ONDC), joining a growing group of Asset Management Companies (AMCs) that are embracing this transformative initiative.

The ONDC Network aims to reshape mutual fund distribution by enabling seamless connectivity between AMCs and mutual fund distributors. This move reflects Quantum’s continued commitment to leveraging India’s Digital Public Infrastructure (DPI) to expand open network access to financial products, particularly in underpenetrated markets, and to advance financial inclusion across the country, according to a press release by the fund house.

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Through the ONDC Network, various live “Buyer Apps” that offer mutual funds will now be able to provide Quantum Mutual Fund products to their customers. This initiative simplifies investors’ financial journeys and ensures a seamless user experience by giving them direct access to financial products and services within the apps they already use, eliminating the need to download or manage multiple applications.

"At Quantum AMC, we are committed to financial inclusion. Partnering with ONDC is not just about adding a new channel—it’s about democratizing wealth creation. This network helps us reach Bharat, turning small savings into meaningful investments. It’s a significant step in our mission to simplify finance and make it accessible to every Indian,” said Seemant Shukla, CEO of Quantum AMC.

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A critical aspect of this initiative is its potential to reach the masses. It could prove to be a game-changer for rural and low-income households, allowing them to invest in small, manageable amounts. This marks a vital step toward making mutual funds a vehicle for broad-based financial growth and inclusive wealth creation across the country.