How to Invest in Quantum Tax Saving Fund Direct IDCW?

You can easily invest in Quantum Tax Saving Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Quantum Tax Saving Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Quantum Tax Saving Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Quantum Tax Saving Fund Direct IDCW provide?

The Quantum Tax Saving Fund Direct IDCW has been there from 23 Dec 2008 and the average annual returns provided by this fund is 21.23% since its inception.

How much expense ratio is charged by Quantum Tax Saving Fund Direct IDCW?

The term Expense Ratio used for Quantum Tax Saving Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Quantum Tax Saving Fund Direct IDCW is 0.90% as of 28 Sep 2023...

What is the AUM of Quantum Tax Saving Fund Direct IDCW?

The AUM, short for Assets Under Management of Quantum Tax Saving Fund Direct IDCW is ₹136.88Cr as of 28 Sep 2023.

How to Redeem Quantum Tax Saving Fund Direct IDCW?

If you want to sell your Quantum Tax Saving Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Quantum Tax Saving Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Quantum Tax Saving Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Quantum Tax Saving Fund Direct IDCW?

The NAV of Quantum Tax Saving Fund Direct IDCW is ₹92.78 as of 27 Sep 2023.

What is the PE and PB ratio of Quantum Tax Saving Fund Direct IDCW?

The PE ratio ratio of Quantum Tax Saving Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Quantum Tax Saving Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

Quantum Tax Saving Fund Direct IDCW
Equity
ELSS
Very High Risk
Payout
3Y Lock In
24.58%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 27 Sep 2023₹92.78
Min. SIP amountNot Supported
Rating3
Fund size₹136.88Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.2%24.6%11.7%16.3%
Category average19.9%24.1%14.4%NA
Rank with in category162029NA
Understand terms
Holdings (30)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity9.1%
ICICI Bank Ltd.
FinancialEquity6.6%
Infosys Ltd.
TechnologyEquity5.1%
Eicher Motors Ltd.
AutomobileEquity4.4%
State Bank of India
FinancialEquity4.3%
Shriram Finance Ltd
FinancialEquity4.1%
Wipro Ltd.
TechnologyEquity3.9%
Cipla Ltd.
HealthcareEquity3.8%
Mahindra & Mahindra Ltd.
AutomobileEquity3.7%
Bajaj Auto Ltd.
AutomobileEquity3.6%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
22 Sep 2023 - Present
0.90%
21 Sep 2023 - 22 Sep 2023
0.90%
20 Sep 2023 - 21 Sep 2023
0.90%
19 Sep 2023 - 20 Sep 2023
0.90%
18 Sep 2023 - 19 Sep 2023
0.90%
15 Sep 2023 - 18 Sep 2023
0.90%
14 Sep 2023 - 15 Sep 2023
0.90%
13 Sep 2023 - 14 Sep 2023
0.90%
12 Sep 2023 - 13 Sep 2023
0.90%
11 Sep 2023 - 12 Sep 2023
0.90%
10 Sep 2023 - 11 Sep 2023
0.90%
09 Sep 2023 - 10 Sep 2023
0.90%
08 Sep 2023 - 09 Sep 2023
0.90%
07 Sep 2023 - 08 Sep 2023
0.90%
06 Sep 2023 - 07 Sep 2023
0.90%
05 Sep 2023 - 06 Sep 2023
0.90%
04 Sep 2023 - 05 Sep 2023
0.90%
03 Sep 2023 - 04 Sep 2023
0.90%
02 Sep 2023 - 03 Sep 2023
0.90%
01 Sep 2023 - 02 Sep 2023
0.90%
31 Aug 2023 - 01 Sep 2023
0.90%
31 Jul 2023 - 31 Aug 2023
1.29%
30 Jun 2023 - 31 Jul 2023
1.29%
31 May 2023 - 30 Jun 2023
1.29%
30 Apr 2023 - 31 May 2023
1.29%
31 Mar 2023 - 30 Apr 2023
1.29%
28 Feb 2023 - 31 Mar 2023
1.29%
31 Jan 2023 - 28 Feb 2023
1.29%
31 Dec 2022 - 31 Jan 2023
1.29%
30 Nov 2022 - 31 Dec 2022
1.29%
30 Nov 2022 - 30 Nov 2022
1.29%
30 Nov 2022 - 30 Nov 2022
1.29%
31 Oct 2022 - 30 Nov 2022
1.29%
31 Oct 2022 - 31 Oct 2022
1.29%
31 Oct 2022 - 31 Oct 2022
1.29%
30 Sep 2022 - 31 Oct 2022
1.29%
30 Sep 2022 - 30 Sep 2022
1.29%
30 Sep 2022 - 30 Sep 2022
1.29%
31 Aug 2022 - 30 Sep 2022
1.29%
31 Aug 2022 - 31 Aug 2022
1.29%
31 Jul 2022 - 31 Aug 2022
1.29%
31 Jul 2022 - 31 Jul 2022
1.29%
30 Jun 2022 - 31 Jul 2022
1.29%
30 Jun 2022 - 30 Jun 2022
1.29%
31 May 2022 - 30 Jun 2022
1.29%
31 May 2022 - 31 May 2022
1.29%
30 Apr 2022 - 31 May 2022
1.29%
30 Apr 2022 - 30 Apr 2022
1.29%
31 Mar 2022 - 30 Apr 2022
1.29%
31 Mar 2022 - 31 Mar 2022
1.29%
28 Feb 2022 - 31 Mar 2022
1.29%
28 Feb 2022 - 28 Feb 2022
1.29%
31 Jan 2022 - 28 Feb 2022
1.29%
31 Jan 2022 - 31 Jan 2022
1.29%
31 Dec 2021 - 31 Jan 2022
1.29%
30 Nov 2021 - 31 Dec 2021
1.29%
31 Oct 2021 - 30 Nov 2021
1.29%
30 Sep 2021 - 31 Oct 2021
1.29%
31 Aug 2021 - 30 Sep 2021
1.29%
31 Jul 2021 - 31 Aug 2021
1.29%
30 Jun 2021 - 31 Jul 2021
1.29%
31 May 2021 - 30 Jun 2021
1.29%
30 Apr 2021 - 31 May 2021
1.29%
31 Mar 2021 - 30 Apr 2021
1.29%
28 Feb 2021 - 31 Mar 2021
1.29%
31 Jan 2021 - 28 Feb 2021
1.29%
31 Dec 2020 - 31 Jan 2021
1.29%
30 Nov 2020 - 31 Dec 2020
1.29%
31 Oct 2020 - 30 Nov 2020
1.29%
30 Sep 2020 - 31 Oct 2020
1.29%
31 Aug 2020 - 30 Sep 2020
1.29%
31 Jul 2020 - 31 Aug 2020
1.29%
30 Jun 2020 - 31 Jul 2020
1.29%
31 May 2020 - 30 Jun 2020
1.29%
30 Apr 2020 - 31 May 2020
1.29%
31 Mar 2020 - 30 Apr 2020
1.29%
29 Feb 2020 - 31 Mar 2020
1.13%
31 Jan 2020 - 29 Feb 2020
1.29%
31 Dec 2019 - 31 Jan 2020
1.29%
30 Nov 2019 - 31 Dec 2019
1.28%
31 Oct 2019 - 30 Nov 2019
1.28%
30 Sep 2019 - 31 Oct 2019
1.28%
31 Aug 2019 - 30 Sep 2019
1.28%
31 Jul 2019 - 31 Aug 2019
1.28%
30 Jun 2019 - 31 Jul 2019
1.28%
31 May 2019 - 30 Jun 2019
1.28%
30 Apr 2019 - 31 May 2019
1.28%
31 Mar 2019 - 30 Apr 2019
1.28%
28 Feb 2019 - 31 Mar 2019
1.29%
31 Jan 2019 - 28 Feb 2019
1.29%
31 Dec 2018 - 31 Jan 2019
1.29%
30 Nov 2018 - 31 Dec 2018
1.29%
31 Oct 2018 - 30 Nov 2018
1.29%
30 Sep 2018 - 31 Oct 2018
1.29%
31 Aug 2018 - 30 Sep 2018
1.29%
31 Jul 2018 - 31 Aug 2018
1.29%
30 Jun 2018 - 31 Jul 2018
1.29%
31 May 2018 - 30 Jun 2018
1.28%
30 Apr 2018 - 31 May 2018
1.29%
31 Mar 2018 - 30 Apr 2018
1.29%
28 Feb 2018 - 31 Mar 2018
1.29%
31 Jan 2018 - 28 Feb 2018
1.28%
31 Dec 2017 - 31 Jan 2018
1.28%
30 Nov 2017 - 31 Dec 2017
1.29%
31 Oct 2017 - 30 Nov 2017
1.29%
Expense ratio, exit load and taxExpense ratio: 0.90%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementGeorge Thomas
Apr 2022 - Present
View details
Education
Mr. Thomas is B.Tech and PGDBM(Finance)
Experience
Prior to Joining Quantum, he has worked with Robert Bosch Engineering and Wipro Technologies.
Also manages these schemes
Quantum Long Term Equity Value Fund Direct Growth
Quantum Long Term Equity Value Fund Direct IDCW
Quantum Tax Saving Fund Direct Growth
Quantum Tax Saving Fund Direct IDCW
Quantum Multi Asset Fund of Funds Direct Growth
Quantum Long Term Equity Value Fund Regular Growth
Quantum Long Term Equity Value Fund Regular IDCW
Quantum Tax Saving Regular Growth
Quantum Tax Saving Regular IDCW
Christy Mathai
Nov 2022 - Present
View details
Education
Mr. Mathai has done Bachelor of Engineering, PGDM - Finance and CFA Charterholder
Experience
Prior to joining Quantum Mutual Fund he was associated with Safe Enterprise (GE Shipping Family Office), Quantum Advisors Pvt. Ltd. and Tata Consultancy Services.
Also manages these schemes
Quantum Long Term Equity Value Fund Direct Growth
Quantum Long Term Equity Value Fund Direct IDCW
Quantum Tax Saving Fund Direct Growth
Quantum Tax Saving Fund Direct IDCW
Quantum Long Term Equity Value Fund Regular Growth
Quantum Long Term Equity Value Fund Regular IDCW
Quantum Tax Saving Regular Growth
Quantum Tax Saving Regular IDCW
Fund house & investment objective
Quantum Mutual Fund
Rank (total assets)#33 in India
Total AUM₹2,024.17Cr
Date of Incorporation19 Sep 2005
 Quantum Tax Saving Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Quantum Mutual Fund. This scheme was made available to investors on 19 Sep 2005. Atul Kumar, Sorbh Gupta is the Current Fund Manager of Quantum Tax Saving Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,024 Cr and the Latest NAV as of 27 Sep 2023 is ₹92.78.
The Quantum Tax Saving Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500.
;
Investment ObjectiveThe scheme seeks capital appreciation through a diversified portfolio comprising primarily of stocks of such companies that will typically be included un the BSE 200 Index, are available at attractive valuations and in a position to benefit from the anticipated growth and development of Indian economy. The scheme can be fully into equities (and equity related securities) and upto 20% in debt & money market instruments.
;
Fund benchmarkS&P BSE 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
6th Floor,Sea Breeze Building,Appasaheb Marathe Marg, Prabhadevi Mumbai 400021
Phone
1800-209-3863 / 1800-22-3863 / 91-22-61447800
Launch Date
19 Sep 2005
E-mail
NA
Website
www.quantumamc.com
Quantum Mutual Fund
Asset Management Company
Custodian
Hongkong & Shanghai Banking Corporation
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Quantum Tax Saving Fund Direct IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	21.2%	24.6%	11.7%	16.3%
Category average	19.9%	24.1%	14.4%	NA
Rank with in category	16	20	29	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	9.1%
ICICI Bank Ltd.	Financial	Equity	6.6%
Infosys Ltd.	Technology	Equity	5.1%
Eicher Motors Ltd.	Automobile	Equity	4.4%
State Bank of India	Financial	Equity	4.3%
Shriram Finance Ltd	Financial	Equity	4.1%
Wipro Ltd.	Technology	Equity	3.9%
Cipla Ltd.	Healthcare	Equity	3.8%
Mahindra & Mahindra Ltd.	Automobile	Equity	3.7%
Bajaj Auto Ltd.	Automobile	Equity	3.6%

Rank (total assets)	#33 in India
Total AUM	₹2,024.17Cr

Date of Incorporation	19 Sep 2005

Fund benchmark	S&P BSE 500 Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	3
Fund size	₹136.88Cr

Quantum Tax Saving Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (30)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.90%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

George ThomasApr 2022 - PresentView details

Christy MathaiNov 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

George Thomas
Apr 2022 - Present
View details

Christy Mathai
Nov 2022 - Present
View details