Quantum ELSS Tax Saver Fund - Direct (G)


ELSS
  • NAV 128.16 (0.44%)
  • Fund Size (Cr) ₹200.29
  • Expense Ratio 0.9
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹500
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 17.80%

Basic Details

Scheme Manager
Christy Mathai
Bench Mark
BSE 500 TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 09-Jul-24
  • 10096.53
  • 0.97%
  • -
  • 0.53%
  • 31/225
  • 1 Month
  • 14-Jun-24
  • 10397.65
  • 3.98%
  • -
  • 4.32%
  • 138/225
  • 3 Month
  • 16-Apr-24
  • 11463.48
  • 14.63%
  • -
  • 15.03%
  • 123/225
  • 6 Month
  • 16-Jan-24
  • 12045.69
  • 20.46%
  • -
  • 19.42%
  • 93/225
  • 1 Year
  • 14-Jul-23
  • 14271.33
  • 42.71%
  • 42.71%
  • 42.19%
  • 95/225
  • 3 Year
  • 16-Jul-21
  • 17304.04
  • 73.04%
  • 20.06%
  • 21.35%
  • 124/215
  • 5 Year
  • 16-Jul-19
  • 23271.93
  • 132.72%
  • 18.40%
  • 22.63%
  • 180/209
  • Since Inception
  • 31-Dec-08
  • 127804.49
  • 1178.04%
  • 17.80%
  • 18.33%
  • 91/225

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Aug-23
  • 120000
  • 149080.47
  • 24.23%
  • 24.23%
  • 3 Year
  • 02-Aug-21
  • 360000
  • 543506.70
  • 50.97%
  • 14.72%
  • 5 Year
  • 01-Aug-19
  • 600000
  • 1130291.92
  • 88.38%
  • 13.50%
  • 10 Year
  • 01-Aug-14
  • 1200000
  • 2858244.88
  • 138.19%
  • 9.07%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    3.28%
  • Beta
    0.84%
  • Sharpe Ratio
    0.87%
  • Treynor’s Ratio
    0.14%
  • Jension’s Alpha
    0.92%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 7.85%
  • 93410
  • 15.73
  • Equity
  • Banks
  • ICICI Bank
  • 5.73%
  • 95717
  • 11.48
  • Equity
  • Banks
  • Infosys
  • 4.72%
  • 60341
  • 9.45
  • Equity
  • IT - Software
  • St Bk of India
  • 4.09%
  • 96445
  • 8.19
  • Equity
  • Banks
  • Bharti Airtel
  • 3.94%
  • 54622
  • 7.89
  • Equity
  • Telecomm-Service
  • Crompton Gr. Con
  • 3.88%
  • 191825
  • 7.77
  • Equity
  • Consumer Durables
  • LIC Housing Fin.
  • 3.84%
  • 96572
  • 7.69
  • Equity
  • Finance
  • Wipro
  • 3.59%
  • 139524
  • 7.18
  • Equity
  • IT - Software
  • Eicher Motors
  • 3.45%
  • 14770
  • 6.90
  • Equity
  • Automobile
  • Kotak Mah. Bank
  • 3.20%
  • 35537
  • 6.41
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Quantum ELSS Tax Saver Fund - Direct (G)
  • Stars
  • 200.29
  • 3.98%
  • 14.63%
  • 20.46%
  • 42.71%
  • 20.06%
  • Bank of India ELSS Tax Saver - Direct (IDCW)
  • Stars
  • 1428.33
  • 3.78%
  • 15.50%
  • 26.53%
  • 61.76%
  • 24.71%
  • Bank of India ELSS Tax Saver - Direct (G)
  • Stars
  • 1428.33
  • 3.79%
  • 15.51%
  • 26.54%
  • 61.75%
  • 24.72%
  • Quant ELSS Tax Saver Fund - Direct (IDCW)
  • Stars
  • 10527.57
  • 3.53%
  • 11.97%
  • 24.04%
  • 61.56%
  • 28.27%
  • Quant ELSS Tax Saver Fund - Direct (G)
  • Stars
  • 10527.57
  • 3.53%
  • 11.97%
  • 24.04%
  • 61.55%
  • 28.26%
  • Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)
  • Stars
  • 3710.23
  • 4.05%
  • 17.72%
  • 28.52%
  • 61.02%
  • 26.59%

News

  • QUANTUM MF Announces change in fund manager under its scheme QUANTUM Mutual Fund has announced that the Fund Management responsibilities of the following Scheme of Quantum Mutual Fund are being changed with effect from June 01, 2024:

    Change in Fund Management Responsibilities:

    Scheme Name Existing Fund Manager New Fund Manager
    QUANTUM GOLD FUND Ms. Ghazal Jain Mr. Chirag Mehta

    Powered by Capital Market - Live News

  • Quantum Mutual Fund Announces Appointment of Key Personnel Quantum Mutual Fund has announced that Mr. Dhrrumil Panchal has been appointed as an Dealer - Fixed Income (?Key Personnel') of Quantum Asset Management Limited (formerly known as Quantum Asset Management Co. Ltd.) (AMC) w.e.f. April 01, 2024.

    Details of Mr. Dhrrumil Panchal

    Age: 27 years

    Designation: Dealer - Fixed Income

    Qualification: MMS

    Powered by Capital Market - Live News

  • Quantum Mutual Fund Announces change in Registered Office Address Quantum Mutual Fund announced that the following changes made to the new address of Quantum Asset Management Private Ltd with effect from 01 April 2024.

    Change in Registered Office:

    Existing Address New Address
    6th Floor, Hoechst House, Nariman Point, Mumbai - 400021
    1st Floor, Apeejay House, 3 Dinshaw Vachha Road, Backbay Reclamation, Churchgate, Mumbai - 400020

    The Investor Service Centre / Official Point of Acceptance of the AMC Office in Mumbai shall be changed to 1st Floor, Apeejay House, 3 Dinshaw Vachha Road, Backbay Reclamation, Churchgate, Mumbai - 400020 from the Effective Date.

    The telephone number will remain unchanged.

    Toll Free No.: 1800 22 3863 / 1800 209 3863, Board Line - 022 - 61447800

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 10-Nov-2008
  • Total AUM (Cr) ₹200.29

Quantum ELSS Tax Saver Fund - Direct (G) is an ELSS-oriented fund from the renowned AMC, Quantum Mutual Fund. Launched in Nov 2008, this fund is managed by Christy Mathai. With assets under management (AUM) worth ₹200.29 (Cr), as of 18-Jul-2024, Quantum ELSS Tax Saver Fund - Direct (G) is categorized as a ELSS within its segment. The fund has generated a return of 17.80% since its launch.
The current NAV of Quantum ELSS Tax Saver Fund - Direct (G) is ₹128.16, as on 18-Jul-2024. The fund’s benchmark index is BSE 500 TRI. You can invest in Quantum ELSS Tax Saver Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 20.06% and 18.40% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 85.65% in Equity, 14.13% in Debt and 0.22% in cash and cash equivalents
The top 5 sectors the fund invests in are: 24.16% in Banks, 13.52% in IT-Software, 13.5% in Debt, 12.61% in Automobiles and 5.53% in Finance.

FAQs on Quantum ELSS Tax Saver Fund - Direct (G)

Quantum ELSS Tax Saver Fund - Direct (G) is a popular fund in the ELSS segment. The fund has generated a return of 17.80% since inception. Looking to invest in Quantum ELSS Tax Saver Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Quantum ELSS Tax Saver Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Quantum ELSS Tax Saver Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Quantum ELSS Tax Saver Fund - Direct (G) today and reap the benefits of this ELSS fund!

In the short term, i.e., 1 year, Quantum ELSS Tax Saver Fund - Direct (G) has generated annualised return of 42.71%. In the long-term, the fund has generated 20.06% and 18.40% in 3 and 5 years respectively. Since its inception, the fund has generated 17.80% returns.

The expense ratio of Quantum ELSS Tax Saver Fund - Direct (G) Direct Growth is 0.9%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Quantum ELSS Tax Saver Fund - Direct (G) is ₹200.29 (Cr) as of 18 July 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Quantum ELSS Tax Saver Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Quantum ELSS Tax Saver Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Quantum ELSS Tax Saver Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Quantum ELSS Tax Saver Fund - Direct (G). Minimum lumpsum investment Quantum ELSS Tax Saver Fund - Direct (G) is ₹500 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Quantum ELSS Tax Saver Fund - Direct (G) is ₹128.16 as on 18 July 2024.

The 5 biggest stock holdings of Quantum ELSS Tax Saver Fund - Direct (G) are:
HDFC Bank (7.85%), ICICI Bank (5.73%), Infosys (4.72%), St Bk of India (4.09%), Bharti Airtel (3.94%)

A majority of Quantum ELSS Tax Saver Fund - Direct (G) 's AUM worth ₹200.29 (Cr) is invested in these 3 top sectors:

  • Banks: 24.16%
  • IT-Software: 13.52%
  • Debt: 13.5%

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