When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
|S&P BSE 500 TRI||2.22||0.61||-0.30||2.28||6.97||10.84||12.61||12.83||8.47||12.69||10.54|
|Rank within category||37||37||25||37||25||36||35||33||25||26||1|
|Number of funds in category||38||38||38||38||37||36||35||34||30||28||1|
As on 24-Jan-2020
|Best (Period)||Worst (Period)|
|Week||15.68 (14-May-2009 - 21-May-2009)||-7.97 (17-Aug-2015 - 24-Aug-2015)|
|Month||30.78 (11-May-2009 - 10-Jun-2009)||-11.20 (27-Jul-2011 - 26-Aug-2011)|
|Quarter||57.59 (09-Mar-2009 - 10-Jun-2009)||-15.14 (10-Nov-2010 - 09-Feb-2011)|
|Year||105.27 (09-Mar-2009 - 10-Mar-2010)||-21.26 (31-Dec-2010 - 02-Jan-2012)|
|S&P BSE 500 TRI||13.80||13.09||0.62||0.92||--||--|
|Rank within category||34||1||33||33||1||32|
|Number of funds in category||34||34||34||34||34||34|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
|Number of Stocks||26|
|Top 10 Stocks (%)||52.50|
|Top 5 Stocks (%)||34.46|
|Top 3 Sectors (%)||58.56|
|Portfolio P/B Ratio||1.98|
|Portfolio P/E Ratio||14.88|
|Average Mkt Cap (Rs Cr)||97,077||98,037|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|State Bank of India||Financial||28.59||5.48||3.59||5.21|
|Shriram Transport Finance||Financial||8.84||3.86||0.00||3.86|
|Tata Consultancy Services||Technology||25.29||6.91||3.30||3.48|
|LIC Housing Fin.||Financial||8.71||3.90||0.00||3.38|
|Mahindra & Mahindra||Automobile||12.95||3.24||0.00||2.85|
|Power Grid Corporation||Energy||6.61||3.40||2.57||2.79|
|Gujarat State Petronet||Energy||14.45||1.21||0.00||1.21|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
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.
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.
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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.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||500|
|Fund House:||Quantum Mutual Fund|
|Return Since Launch:||16.36%|
|Benchmark:||S&P BSE Sensex TRI|
|Assets:||₹ 78 Cr (As on 31-Dec-2019)|
|Expense:||1.29% (As on 31-Dec-2019)|
|Return Grade:||Below Average|
AMC: Quantum Asset Management Company Private Limited
Address: 7th floor, Hoechst House, Nariman Point, Mumbai - 400021
Phone: 1800-209-3863 / 1800-22-3863 / 91-22-61447800
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Email: [email protected]