Quantum ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 04-02-2025
₹ 126.53
▲1.1%
1D
Inception Returns
17.1%
/yr
About Quantum ELSS Tax Saver Fund Direct Growth
Quantum ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 23 December, 2008. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Quantum ELSS Tax Saver Fund Direct Growth has ₹213 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Quantum ELSS Tax Saver Fund Direct Growth has given a CAGR return of 17.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.67%, 18.13% and 19.43% respectively.
Holdings
Quantum ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Basic Materials, Health, Communication, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, State Bank of India, Wipro Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Quantum ELSS Tax Saver Fund Direct Growth
To achieve long-term capital appreciation by investing primarily in shares of companies that will typically be included in the BSE 200 Index and are in a position to benefit from the anticipated growth and development of the Indian economy and its markets. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Quantum ELSS Tax Saver Fund Direct Growth of 3 Years
Historical NAV & Returns
Absolute
▲
▼
487 people have invested ₹ 18.9L in Quantum ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank for Quantum ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
15
/23
44% Performance
52% Risk Management
42% Cost
15 out of 23 among elss (tax savings)
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Smaller AUM within category
Quantum ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.89% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹213 Cr |
| Inception Date | 23 December, 2008 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 17.19% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (04-Feb-25)
Fund Distribution
as on (30-Nov-24)
Large cap
59.4%
Small cap
12.6%
Mid cap
11.3%
Sector Allocation
Financial Services
48.5%
Tech
18.6%
Consumer Cyclical
13.7%
Basic Materials
5.5%
Health
5%
Communication
4.7%
Utilities
4.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.49% in Nov'24
- AUM of the fund stands at 214.8 Cr as of Dec'24
- AUM has remained same between Dec'24 and Nov'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 7.89% to 8.22%
Infosys Ltd's allocation increased from 5.02% to 5.22%
Aditya Birla Sun Life AMC Ltd's allocation increased from 2.48% to 2.65%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.86 % to 5.79 %
Bharti Airtel Ltd's allocation decreased from 3.97 % to 3.94 %
ICICI Prudential Life Insurance Co Ltd's allocation decreased from 3.51 % to 3.45 %
Mid Cap allocation has gone up from 10.7% to 11.3%
Large Cap allocation has gone down from 60.2% to 59.4%
Small Cap allocation has gone down from 12.7% to 12.6%
Cash allocation has gone up from 16.4% to 16.8%
Top 3 Sectors in December were Financial Services, Tech & Consumer Cyclical
Dec'24
Financial Services
48%
Tech
19%
Consumer Cyclical
14%
Nov'24
Financial Services
48%
Tech
18%
Consumer Cyclical
15%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.19% | 2.5% | |
 ICICI Bank Ltd | 5.76% | 0% | |
 Infosys Ltd | 5.33% | 0% | |
 State Bank of India | 4.1% | 2.5% | |
 Wipro Ltd | 4.08% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Wipro Ltd | 3.5% |
 Kotak Mahindra Bank Ltd | 3.5% |
 Eicher Motors Ltd | 1.5% |
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Fund House
Quantum Asset Management Co Pvt. Ltd.
Total Schemes
Total AUM
₹2.54K Cr
as on 29-Nov-2024
Address
Quantum Asset Management Company Private Limited,505, Regent Chambers,,5th Floor, Nariman Point,
Phone
+912261447800
Website
info@quantumamc.com
Mutual Fund Insights
Over the last 1 month, this fund has decreased expense ratio by 1.1% moving from 0.90 to 0.89.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 31.28% return, outperforming this fund by 11.85% per annum.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 23.51% return, outperforming this fund by 5.38% per annum.
Over the last 3 months, this fund has experienced a 2.3% drop in AUM moving from 217.89 Cr to 212.84 Cr.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.89% which is lower than the category average expense ratio of 1.25%.
In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 23.81% return, outperforming this fund by 6.14%.
Quantum ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.05% since inception which is more than its category average return of 15.2%
Fund Allocations
This fund has an allocation of 83.22% in Equity, 0% in Debt and 16.78% in Cash related instruments
AUM size ₹213 Cr
This fund has AUM of ₹213 Cr which is less than its category average of ₹ 4901 Cr
Expense Ratio 0.89%
This fund has an expense ratio of 0.89% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for Quantum ELSS Tax Saver Fund Direct Growth
The current NAV of Quantum ELSS Tax Saver Fund Direct Growth is ₹126.53 as on 04-Feb-2025.
Existing (Absolute + CAGR) as on 04-Feb-2025.
Quantum ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.28% | -1.28% |
6 Month Returns | -0.68% | -0.68% |
1 Year Returns | 17.67% | 17.67% |
3 Years Returns | 64.84% | 18.13% |
5 Years Returns | 143% | 19.43% |
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0.89% as on January 2025
₹213 Cr as on January 2025
HDFC Bank Ltd(8.19%), ICICI Bank Ltd(5.76%), Infosys Ltd(5.33%), State Bank of India(4.1%), Wipro Ltd(4.08%) as on January 2025
Financial Services(40.35%), Tech(15.46%), Consumer Cyclical(11.39%) as on January 2025
The alpha ratio for the Quantum ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quantum ELSS Tax Saver Fund Direct Growth | 7.01 | 4.31 | 1.47 |
As on January 2025
The alpha for Quantum ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Quantum ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quantum ELSS Tax Saver Fund Direct Growth | 0.84 | 0.84 | 0.93 |
As on January 2025
The Beta for Quantum ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Quantum ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quantum ELSS Tax Saver Fund Direct Growth | 0.91 | 0.92 | 0.76 |
As on January 2025
The sharpe ratio for Quantum ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Quantum ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quantum ELSS Tax Saver Fund Direct Growth | 10.69 | 12.12 | 18.38 |
As on January 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.74 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.97 as on January 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Quantum ELSS Tax Saver Fund Direct Growth is 0%