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 500 TRI |
| Expense Ratio: 1.79% As on (31-12-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 115.49 Cr As on (31-12-2022) |
| Turn over: 14.79% | Exit Load: Nil |
79.81
0.93 (1.1653%)
9.09%
NIFTY 50 TRI 12.4%
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
| Standard Deviation | 22.0 |
| Sharpe Ratio | 0.57 |
| Alpha | -1.97 |
| Beta | 0.94 |
| 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 | 5.11 | 10.66 | 16.22 | 8.37 | - |
| HDFC Taxsaver - Growth Plan | 05-03-1996 | 8.56 | 17.5 | 17.86 | 8.42 | 12.67 |
| Parag Parikh Tax Saver Fund- Regular Growth | 05-07-2019 | 5.57 | 18.46 | 23.23 | - | - |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 4.45 | 13.47 | 18.29 | 9.97 | 13.44 |
| Taurus Taxshield - Regular Plan - Growth | 31-03-1996 | 3.63 | 10.96 | 13.89 | 9.31 | 11.89 |
| Tata India Tax Savings Fund-Growth-Regular Plan | 13-10-2014 | 2.06 | 11.85 | 15.67 | 10.61 | - |
| Kotak Tax Saver-Scheme-Growth | 01-11-2005 | 1.91 | 14.82 | 16.2 | 12.46 | 13.96 |
| Sundaram Diversified Equity (ELSS) Regular Plan - Growth | 10-05-2005 | 1.87 | 13.03 | 14.32 | 7.79 | 12.16 |
| Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option | 05-09-2005 | 1.44 | 15.22 | 14.6 | 4.01 | 12.66 |
| Union Long Term Equity Fund - Growth Option | 23-12-2011 | 1.08 | 13.52 | 18.26 | 11.93 | 12.26 |
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
5.07%
Others
10.32%
Large Cap
75.17%
Mid Cap
9.44%
Scheme Documents
There are no scheme documents available
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
