Quantum Gold Savings Fund Direct Growth
Others
Direct
Sector - Precious Metals
NAV as on 19-11-2024
₹ 29.37
▲1.4%
1D
Inception Returns
8.3%
/yr
About Quantum Gold Savings Fund Direct Growth
Quantum Gold Savings Fund Direct Growth is a hybrid fund. This fund was started on 19 May, 2011. The fund is managed by Chirag Mehta. This fund gives you the benefit of diversification.
Key Parameters
- Quantum Gold Savings Fund Direct Growth has ₹146 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Quantum Gold Savings Fund Direct Growth has given a CAGR return of 8.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.98%, 14.32% and 13.46% respectively.
Holdings
Quantum Gold Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Basic Materials, Industrial, Consumer Defensive, Consumer Cyclical, Utilities, Health, Communication, Real Estate. Its top holdings are Quantum Gold ETF
Taxation
As it is a sector - precious metals mutual fund the taxation is as follows:Unknown asset type.
Investment objective of Quantum Gold Savings Fund Direct Growth
The investment objective of the Scheme is to provide capital appreciation by predominantly investing in units of Quantum Gold Fund Replicating / Tracking Gold an Exchange Traded Fund The performance of the Scheme may differ from that of Quantum Gold Fund and the domestic prices of gold due to expenses and certain other factors. There can be no assurance or guarantee 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. Quantum Gold Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
Quantum Gold Savings Fund Direct Growth Overview
| Expense ratio | 0.06% |
Benchmark | Domestic Price of Gold |
| AUM | ₹146 Cr |
| Inception Date | 19 May, 2011 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 9.27% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Quantum Gold ETF | 100.54% | 7.1% |
Mutual Fund Insights
Quantum Gold Savings Fund Direct Growth Highlights
High Risk
About the fund
AUM size ₹146 Cr
Expense Ratio 0.06%
Frequently Asked Questions for Quantum Gold Savings Fund Direct Growth
Quantum Gold Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.25% | -2.25% |
6 Month Returns | 2.75% | 2.75% |
1 Year Returns | 22.98% | 22.98% |
3 Years Returns | 49.42% | 14.32% |
5 Years Returns | 88.06% | 13.46% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.