Quantum Tax Saving Fund - Regular Plan Growth Option
Fund House: Quantum Mutual Fund| Category: Equity: ELSS |
| Launch Date: 01-04-2017 |
| Asset Class: Equity |
| Benchmark: S&P BSE 200 TRI |
| Expense Ratio: 1.79% As on (31-03-2021) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 89.11 Cr As on (31-03-2021) |
| Turn over: 6.03% | Exit Load: Nil |
66.7
0.71 (1.0645%)
8.36%
S&P BSE 200 TRI 10.92%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks capital appreciation through a diversified portfolio comprising primarily of stocks of such companies that will typically be included un the BSE 200 Index, are available at attractive valuations and in a position to benefit from the anticipated growth and development of Indian economy. The scheme can be fully into equities (and equity related securities) and upto 20% in debt & money market instruments.
Current Asset Allocation (%)
Indicators
| Volatility | - |
| Sharp Ratio | 0.43 |
| Alpha | - |
| Beta | 0.9 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Quantum Tax Saving Fund - Regular Plan Growth Option | 01-04-2017 | 64.89 | 10.72 | 8.41 | - | - |
| quant Tax Plan - Growth Option - Regular Plan | 01-04-2000 | 123.75 | 39.34 | 25.41 | 22.92 | 14.75 |
| IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 87.85 | 18.75 | 9.76 | 16.14 | 15.03 |
| Mirae Asset Tax Saver Fund-Regular Plan-Growth | 05-12-2015 | 74.63 | 21.96 | 16.33 | 21.23 | - |
| Franklin India Taxshield-Growth | 05-04-1999 | 69.84 | 12.13 | 8.65 | 11.36 | 13.16 |
| Parag Parikh Tax Saver Fund- Regular Growth | 08-07-2019 | 69.26 | - | - | - | - |
| JM Tax Gain Fund (Regular) - Growth option | 31-03-2008 | 68.99 | 18.09 | 12.02 | 16.46 | 13.36 |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 68.86 | 29.52 | 12.69 | 18.5 | 14.31 |
| DSP Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 67.1 | 18.89 | 13.49 | 16.28 | 15.0 |
| Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option | 05-09-2005 | 66.01 | 7.0 | 2.35 | 8.08 | 11.64 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
0.03%
Others
9.22%
Large Cap
71.69%
Mid Cap
19.06%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
