Quantum Tax Saving Fund Direct Growth+0.46%

2.46%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Quantum Tax Saving Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.29%
NAV52.49 (23 Oct 2020)
Fund Started31 Dec 2008
Fund Size69 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Quantum Tax Saving Fund Direct Growth
2.5%
0.8%
6.7%
15.0%
Category Average
3.0%
2.4%
7.3%
-
Rank within category
20
28
21
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 2.5% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Infosys Ltd.TechnologyEquity9.5%
    Housing Development Finance Corpn. Ltd.FinancialEquity7.2%
    Wipro Ltd.TechnologyEquity4.9%
    HDFC Bank Ltd.FinancialEquity4.8%
    Hero Motocorp Ltd.AutomobileEquity4.4%
    Mahindra & Mahindra Ltd.AutomobileEquity4.2%
    Lupin Ltd.HealthcareEquity4.0%
    Ambuja Cements Ltd.ConstructionEquity3.9%
    ACC Ltd.ConstructionEquity3.8%
    Cipla Ltd.HealthcareEquity3.4%
    See All

    Fund Managers

    addAtul Kumar
    Education
    Mr.Kumar is a B.Com (H) Delhi University and PGDBM from ICFAI Business School.
    Experience
    Prior to joining Quantum AMC he has worked with Sahara AMC, K R Choksey Shares & Securities Pvt. Ltd. and Astute Consulting Pvt. Ltd.
    Funds Managed
    addSorbh Gupta
    Education
    Mr. Gupta is a B.Com, CA and CFA.
    Experience
    Prior to joining Quantum Mutual Fund he was associated with Siddhesh Capital Markets Pvt. Ltd. & Pranav Securities Pvt. Ltd. He has over 11 years of overall experience in the equity research.
    Funds Managed

    Quantum Tax Saving Fund Direct Growth Details

    Quantum Tax Saving Fund Direct Growth is a Equity Mutual Fund Scheme launched by Quantum Mutual Fund. This scheme was made available to investors on 31 Dec 2008. Atul Kumar, Sorbh Gupta is the Current Fund Manager of Quantum Tax Saving Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹69 Cr and the Latest NAV as of 23 Oct 2020 is ₹52.49.

    The Quantum Tax Saving Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    The 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.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Quantum Mutual Fund

    Address
    505, Regent Chambers, 5th Floor, Nariman Point Mumbai 400021
    Phone
    022 - 61447800
    Launch Date
    02 Dec 2005
    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,
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