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Quantum Tax Saving Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
13.16%
3Y annualised
+0.72% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 25 Jan 2022₹75.53
Min. SIP amount₹500
Rating2
Fund size₹100.66Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns19.4%13.2%10.3%16.7%
Category average54.9%14.2%14.3%NA
Rank with in category333332NA
Understand terms

Holdings (28)

NameSectorInstrumentAssets
TechnologyEquity8.5%
FinancialEquity8.2%
FinancialEquity5.8%
FinancialEquity5.4%
TechnologyEquity4.2%
FinancialEquity3.9%
AutomobileEquity3.7%
MetalsEquity3.6%
ConstructionEquity3.6%
AutomobileEquity2.9%
See All

Pros and cons

Category: Equity ELSS

Pros

10Y annualised returns higher than category average by 0.74%
Exit load is zero
Lower expense ratio: 1.29%

Cons

Lower AUM: 100Cr. Funds with lower AUM tend to have higher expense ratio
1Y, 3Y and 5Y annualised returns lower than category average
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.29%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Sorbh Gupta
Oct 2016 - Present
View details

Fund house & investment objective

Fund house contact details

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