Quantum Gold Savings Fund Direct Growth
Others
Direct
Sector - Precious Metals
NAV: ₹ 28.6 as on 16-05-2024
About the Fund
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 ₹115 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.
Fund Performance
899 people have invested ₹ 48.3L in Quantum Gold Savings Fund Direct Growth in the last three months
Overview
 | 0.06% |
 Benchmark | Domestic Price of Gold |
 | ₹115 Cr |
 | 19 May, 2011 |
 | ₹500/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 7.62% |
Quantum Gold Savings Fund Direct Growth Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
Top Holdings of Quantum Gold Savings Fund Direct Growth as on (30-Apr-24)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Quantum Gold ETF | 100.07% | 4.2% |
Mutual Fund Insights
In the last 5 years, Axis Gold Fund Direct Plan Growth option has given 16.69% return, outperforming this fund by 0.34% per annum.
Over the last 6 months, this fund has experienced a 23.5% growth in AUM moving from 92.7 Cr to 114.51 Cr.
In the last 1 year, Aditya Birla Sun Life Gold Fund Direct Plan Growth has given 18.2% return, outperforming this fund by 0.28%.
This fund has one of the lowest expense ratio in the category (sector - precious metals). Its expense ratio is 0.06% which is lower than the category average expense ratio of 0.58%.
In the last 3 years, SBI Gold Fund Direct Plan Growth has given 14.06% return, outperforming this fund by 0.18% per annum.
Peer Analysis
Fund Manager
Chirag Mehta
Fund Manager of Quantum Gold Savings Fund Direct Growth, since 19 May 2011
Top funds managed
Quantum Gold Savings Fund Direct Growth Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 8.32% since inception which is less than its category average return of 12.79%
AUM size ₹115 Cr
This fund has AUM of ₹115 Cr which is less than its category average of ₹ 662 Cr
Expense Ratio 0.06%
This fund has an expense ratio of 0.06% which is less than its category average expense ratio of 0.53%
Frequently Asked Questions
The current NAV of Quantum Gold Savings Fund Direct Growth is ₹28.6 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Quantum Gold Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.96% | -0.96% |
6 Month Returns | 20.25% | 20.25% |
1 Year Returns | 17.92% | 17.92% |
3 Years Returns | 47.67% | 13.88% |
5 Years Returns | 113.25% | 16.35% |
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.
0.06% as on April 2024
₹115 Cr as on April 2024
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%