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4 star

Quantum Gold Savings - Regular Plan


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.42 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.43 Lakh

Suitability:

Gold funds provide returns closely in-line with the return provided by the price of gold.

We do not think of gold as a good long-term investment avenue and therefore we believe that investors can avoid these funds altogether.

But for those retail investors who'd still prefer to invest in gold, we believe that the Sovereign Gold Bond Scheme offered by the Government of India is a better alternative. This scheme offers a guaranteed return of 2.5% per year over and above the return provided by the price of gold, though the investment cannot be redeemed before a tenure of five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 24.64 -0.20 1.78 4.27 6.56 22.79 42.31 19.16 11.79 7.75 --
Domestic Price of Gold 25.09 0.62 1.34 5.15 7.21 23.03 41.97 20.49 13.15 9.26 --
Commodities: Gold 24.55 -0.23 1.92 4.31 6.26 22.75 41.09 19.49 11.90 7.90 --
Rank within category 11 16 19 19 14 14 6 17 16 17 --
Number of funds in category 21 21 21 21 21 21 21 21 21 21 6

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Quantum Gold Savings - Regular Plan  | Invest Online, Paperless
4 star
Apr-17 42.31 19.16 11.79 0.18 40
HDFC Gold Fund  | Invest Online
4 star
Nov-11 42.29 19.62 11.94 0.60 663
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 44.28 19.32 12.35 0.50 509
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 40.48 19.79 12.15 0.79 4,206
ICICI Prudential Gold Exchange Traded Fund  | Invest Now
Unrated
Aug-10 39.81 19.51 11.87 0.98 1,468

Best & Worst Performance

Best (Period) Worst (Period)
Week 11.92 (23-Mar-2020 - 30-Mar-2020) -9.71 (09-Mar-2020 - 17-Mar-2020)
Month 24.44 (17-Mar-2020 - 16-Apr-2020) -5.25 (27-Feb-2019 - 29-Mar-2019)
Quarter 22.85 (16-Jan-2020 - 16-Apr-2020) -6.88 (20-Feb-2019 - 22-May-2019)
Year 52.93 (16-Apr-2019 - 16-Apr-2020) -1.17 (04-Sep-2017 - 04-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.96 11.20 1.04 1.96 0.89 0.22
Domestic Price of Gold 18.09 12.00 1.07 1.77 -- --
Commodities: Gold 17.13 12.05 0.98 1.72 0.96 -0.44
Rank within category 17 1 2 3 2 3
Number of funds in category 21 21 21 21 21 21

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

As on 30-Jun-2020

Top Holdings

The underlying data is unavailable.

As on 30-Jun-2020

Fund Manager

— Chirag Mehta since 01-Apr-2017

Education: He has pursued M.Com from Mumbai University and CAIA.

Experience: He has more than 7 years of experience in financial services industry. He has worked as Assistant Analyst - Commodities (Quantum Advisors Pvt. Ltd)

Funds Managed:

— Ghazal Jain since 02-Jun-2020

Education: Ms. Jain has done MBA (Finance)

Experience: Prior to joining Quantum Mutual Fund, she was associated with Fox Education LLP and Bahubali Electronics Private Limited.

Funds Managed:


-0.20%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 19.8412


Investment Strategy

The scheme seeks to provide capital appreciation by predominantly investing in units of Quantum Gold Fund - Exchange Traded Fund.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: Quantum Mutual Fund
Launch Date: 01-Apr-2017
Return Since Launch: 7.71%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 40 Cr (As on 30-Jun-2020)
Expense: 0.18% (As on 31-May-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 15.05%

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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