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2 star

Quantum Tax Saving Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.44 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.10 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 for 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:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 24.17 -3.14 -4.60 -5.75 0.54 6.44 31.89 13.02 11.66 10.02 14.61
S&P BSE 500 TRI 29.06 -2.96 -3.93 -5.18 4.30 13.54 39.43 19.53 17.66 13.02 16.07
Equity: ELSS 30.39 -2.90 -4.02 -4.73 4.63 14.33 40.72 19.73 17.11 13.46 14.61
Rank within category 31 27 33 29 38 37 33 33 33 27 1
Number of funds in category 38 38 38 38 38 38 38 35 34 29 1

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Quantum Tax Saving Fund - Direct Plan  | Invest Online, Paperless
2 star
Dec-08 31.89 13.02 11.66 1.29% 103
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 34.72 22.21 20.05 0.74% 34,235
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 43.35 25.22 23.24 0.43% 10,146
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 44.28 22.70 17.98 0.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 57.07 22.20 20.40 0.74% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 15.68 14-May-2009 - 21-May-2009 -17.08 11-Mar-2020 - 18-Mar-2020
Month 30.78 11-May-2009 - 10-Jun-2009 -34.29 20-Feb-2020 - 23-Mar-2020
Quarter 57.59 09-Mar-2009 - 10-Jun-2009 -35.58 23-Dec-2019 - 23-Mar-2020
Year 105.27 09-Mar-2009 - 10-Mar-2010 -37.63 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.73 21.22 0.56 0.61 0.95 -5.37
S&P BSE 500 TRI 22.08 21.79 0.84 0.93 -- --
Equity: ELSS 22.05 21.37 0.85 0.90 0.95 0.85
Rank within category 34 19 34 34 16 34
Number of funds in category 35 35 35 35 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 28
Top 10 Stocks (%) 51.13
Top 5 Stocks (%) 32.30
Top 3 Sectors (%) 59.40
Portfolio P/B Ratio 2.58
Portfolio P/E Ratio 17.72

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,56,592 1,36,970
Giant (%) 49.64 53.06
Large (%) 28.87 14.68
Mid (%) 21.49 25.08
Small (%) -- 7.34
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Financial 23.83 9.92 7.21 9.15
equal Infosys Technology 34.03 9.60 7.08 7.47
equal HDFC Bank Financial 24.13 6.31 0.00 5.56
up ICICI Bank Financial 23.61 5.53 1.83 5.53
equal Tata Steel Metals 4.36 5.75 2.11 4.59
equal Mahindra & Mahindra Automobile 25.69 4.22 0.00 4.03
equal ACC Construction 21.11 4.36 1.70 3.95
equal Wipro Technology 28.10 5.83 3.57 3.75
equal State Bank of India Financial 14.65 5.68 1.94 3.59
equal Shriram Transport Finance Company Financial 16.08 4.61 2.41 3.51
up Bajaj Auto Automobile 14.86 7.29 2.57 3.36
equal NTPC Energy 9.31 3.58 2.37 2.80
equal Tech Mahindra Technology 29.02 2.78 0.00 2.78
equal Power Grid Corporation Energy 8.74 3.63 2.44 2.69
equal Ambuja Cements Construction 22.95 4.57 2.41 2.64
equal Hero Motocorp Automobile 17.42 5.91 2.62 2.62
equal Cipla Healthcare 30.12 4.75 2.34 2.50
equal Gujarat State Petronet Energy 9.53 2.80 0.00 2.37
equal LIC Housing Fin. Financial 13.85 3.90 2.33 2.34
equal Oil & Natural Gas Corporation Energy 5.13 2.95 1.41 2.24
equal Cummins India Engineering 27.65 3.16 0.00 2.21
equal Lupin Healthcare -- 3.99 2.19 2.19
equal GAIL Energy 6.32 3.46 1.58 2.13
up Indusind Bank Financial 17.81 2.36 0.00 2.06
equal Eicher Motors Automobile 39.90 2.37 0.00 1.97

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Sorbh Gupta since 01-Oct-2016

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:


-3.14%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 75.0600

IDCW: ₹ 75.0600


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Quantum Mutual Fund
Launch Date: 23-Dec-2008
Return Since Launch: 16.86%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 103 Cr (As on 31-Oct-2021)
Expense: 1.29% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Below Average
Turnover: 7.63%

Contact Information

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

Fax: 1800-22-3864

Email: [email protected]

Website: http://www.quantumamc.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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