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Unrated

Quantum Gold Fund


1 Lakh

Investment declined to
₹ 0.93 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.19 Lakh

Suitability:

"Gold funds provide returns that are closely in line with the returns provided by 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. Read this article to know why.

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 cent 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 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -5.42 0.38 -0.61 2.11 -0.10 -0.02 -7.43 13.44 8.40 7.19 4.94
Domestic Price of Gold -5.24 0.02 -0.99 2.53 -1.76 1.27 -7.00 14.10 9.36 8.12 5.94
Commodities: Gold -5.20 0.63 -0.31 2.16 0.17 -0.05 -7.24 13.49 8.30 6.97 4.82
Rank within category 10 6 16 10 14 10 10 13 10 9 8
Number of funds in category 21 21 21 21 21 21 21 21 21 21 15

As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Quantum Gold Fund  | Invest Online, Paperless
Unrated
Feb-08 -7.43 13.44 8.40 0.77% 130
Kotak Gold Fund Regular Plan  | Invest Online
5 star
Mar-11 -7.46 13.73 8.03 0.61% 1,013
ICICI Prudential Regular Gold Savings Fund (FOF)  | Invest Now
5 star
Oct-11 -7.93 13.04 8.36 0.53% 546
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 -7.67 13.47 8.41 0.79% 6,004
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 -7.25 13.44 8.61 0.57% 2,651

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 19.53 11-Sep-2008 - 18-Sep-2008 -13.18 10-Apr-2013 - 17-Apr-2013
Month 27.85 10-Sep-2008 - 10-Oct-2008 -20.96 10-Oct-2008 - 11-Nov-2008
Quarter 30.31 19-Nov-2008 - 18-Feb-2009 -19.33 04-Sep-2013 - 04-Dec-2013
Year 50.26 21-May-2019 - 20-May-2020 -19.90 28-Aug-2013 - 28-Aug-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 14.02 15.75 0.64 1.25 0.99 -0.87
Domestic Price of Gold 14.94 15.83 0.69 1.36 -- --
Commodities: Gold 13.93 15.65 0.64 1.34 0.96 -0.58
Rank within category 10 17 15 16 21 18
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-Sep-2021

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Others Gold -- - 98.71
equal Others Money Market -- - 0.02

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 30-Sep-2021

Fund Manager

— Chirag Mehta since 01-May-2009

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

Experience: Prior to joining Quantum Asset Management Company Private Limited. He has worked as Assistant Analyst - Commodities (Quantum Advisors Pvt. Ltd). He has more than 19 years of experience in the research and investments functions in the field of commodities and alternative investment strategies. He has interned at Kotak & Co. Ltd and has also attended the Federation of Indian Commodities Exchanges as part of his internship.

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:


0.38%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 2,057.9044


Investment Strategy

The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold. The performance of the scheme may differ from that of domestic price of gold due to expense and other related factors.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Quantum Mutual Fund
Launch Date: 22-Feb-2008
Return Since Launch: 9.53%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 130 Cr (As on 30-Sep-2021)
Expense: 0.77% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: --
Turnover: 4.37%

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: Customer[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

Upcoming Video

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DateFriday, 29-Oct-2021
Time12:30 PM - 01:00 PM