Quantum Gold Savings Fund Direct Growth

Quantum Gold Savings Fund Direct Growth

Others

Direct

Sector - Precious Metals

NAV as on 21-02-2025

₹ 33.26

-0.5%

1D

Inception Returns

9.1%

/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

  1. Quantum Gold Savings Fund Direct Growth has ₹161 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

Quantum Gold Savings Fund Direct Growth has given a CAGR return of 9.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.02%, 18.71% and 14.36% 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

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.

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

Absolute

zero opening, trading, fund transfer fee
2511 people have invested ₹ 76.3L in Quantum Gold Savings Fund Direct Growth in the last three months

Quantum Gold Savings Fund Direct Growth Overview

Expense ratio0.03%
Benchmark
Domestic Price of Gold
AUM₹161 Cr
Inception Date19 May, 2011
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
9.27%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (21-Feb-25)

Period
Quantum Gold Savings Fund Direct Growth
Gold Price
1M
7.7%
7.5%
3M
11.8%
9.9%
6M
19.4%
16.9%
1Y
37%
36%
3Y
18.7%
17.7%
5Y
14.4%
14.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 0.7%

Sector Allocation

Jan'25

Dec'24

Nov'24

Cash Equivalent
100%
  • Equity

Holdings
Weight%
1M Change
Quantum Gold ETF
Quantum Gold ETF
100.29%
6.7%
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Chirag Mehta
Chirag Mehta
Fund Manager of Quantum Gold Savings Fund Direct Growth, since 19 May 2011
Fund House
Quantum Asset Management Co Pvt. Ltd.
Total AUM
₹2.67K Cr
as on 31-Jan-2025
Address
Quantum Asset Management Company Private Limited,505, Regent Chambers,,5th Floor, Nariman Point,
Phone
+912261447800
Website
info@quantumamc.com

Mutual Fund Insights

Insights icon
In the last 1 year, UTI Gold ETF Fund of Fund Direct Growth has given 38.15% return, outperforming this fund by 1.13%.
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Over the last 6 months, this fund has experienced a 40.4% growth in AUM moving from 114.88 Cr to 161.32 Cr.
Insights icon
In the last 3 years, SBI Gold Fund Direct Plan Growth has given 19% return, outperforming this fund by 0.29% per annum.
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In the last 5 years, HDFC Gold ETF Fund of Fund Direct Plan-Growth has given 14.79% return, outperforming this fund by 0.44% per annum.
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This fund has one of the lowest expense ratio in the category (sector - precious metals). Its expense ratio is 0.03% which is lower than the category average expense ratio of 0.59%.

Quantum Gold Savings Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 9.12% since inception which is less than its category average return of 20.44%
AUM size ₹161 Cr

AUM size ₹161 Cr

This fund has AUM of ₹161 Cr which is less than its category average of ₹ 927 Cr
Expense Ratio 0.03%

Expense Ratio 0.03%

This fund has an expense ratio of 0.03% which is less than its category average expense ratio of 0.5%

Frequently Asked Questions for Quantum Gold Savings Fund Direct Growth

The current NAV of Quantum Gold Savings Fund Direct Growth is ₹33.26 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
Quantum Gold Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.74%
7.74%
6 Month Returns
19.36%
19.36%
1 Year Returns
37.02%
37.02%
3 Years Returns
67.27%
18.71%
5 Years Returns
95.58%
14.36%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.03% as on January 2025
₹161 Cr as on January 2025
Financial Services(0%), Tech(0%), Energy(0%) as on January 2025
Chirag Mehta is the fund manager of Quantum Gold Savings Fund Direct Growth
The Exit load of Quantum Gold Savings Fund Direct Growth is 0%