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Quantum Tax Saving Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House :
  • NAV
    : ₹ 82.53 0.17%
    (as on 29th November, 2022)
Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 92.8% investment in domestic equities of which 66.61% is in Large Cap stocks, 10.43% is in Mid Cap stocks, 0.09% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 28th November, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 21-Nov-22 10214.50 2.15% - 1.96% 17/56
1 Month 28-Oct-22 10341.40 3.41% - 2.49% 13/56
3 Month 26-Aug-22 10452.90 4.53% - 4.36% 30/55
6 Month 27-May-22 11270.90 12.71% - 15.67% 48/55
YTD 31-Dec-21 10890.90 8.91% - 5.92% 14/55
1 Year 26-Nov-21 10976.60 9.77% 9.71% 8.44% 25/55
2 Year 27-Nov-20 14376.20 43.76% 19.87% 25.74% 44/55
3 Year 28-Nov-19 15428.80 54.29% 15.54% 20.64% 42/55
5 Year 28-Nov-17 15633.80 56.34% 9.34% 12.25% 38/44
10 Year 27-Nov-12 34425.30 244.25% 13.15% 13.15% 1/1
Since Inception 23-Dec-08 82390.00 723.90% 16.33% 15.43% 16/52

SIP Returns (NAV as on 28th November, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 26-Nov-21 12000 13118.27 9.32 % 17.59 %
2 Year 27-Nov-20 24000 27590.24 14.96 % 14 %
3 Year 28-Nov-19 36000 48782.67 35.51 % 20.73 %
5 Year 28-Nov-17 60000 86145.25 43.58 % 14.43 %
10 Year 27-Nov-12 120000 230495.93 92.08 % 12.52 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Oct,2022)

Portfolio Turnover Ratio : 18.02%  |   Category average turnover ratio is 47.59%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 92.80% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 92.80%
No of Stocks : 27 (Category Avg - 46.31) | Large Cap Investments : 66.61%| Mid Cap Investments : 10.43% | Small Cap Investments : 0.09% | Other : 15.67%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Housing Development Finance Corporation Ltd. Housing finance 84.6 7.49% 0.24% 8.98% (Nov 2021) 7.25% (Sep 2022) 34.27 k 0.00
ICICI Bank Ltd. Banks 78.2 6.92% 0.06% 6.92% (Oct 2022) 5.14% (Nov 2021) 86.06 k 0.00
HDFC Bank Ltd. Banks 72.8 6.44% 0.05% 6.59% (Mar 2022) 5.68% (Jan 2022) 48.63 k 0.00
Infosys Ltd. Computers - software 66.7 5.90% 0.24% 8.5% (Dec 2021) 5.66% (Sep 2022) 43.35 k 0.00
Mahindra & Mahindra Ltd. Passenger/utility vehicles 59.6 5.28% 0.10% 5.32% (Jun 2022) 3.55% (Mar 2022) 44.21 k 0.00
Eicher Motors Ltd. Commercial vehicles 56.4 4.99% 0.02% 4.99% (Oct 2022) 2.34% (Nov 2021) 14.64 k 0.00
State Bank Of India Banks 56 4.95% 0.17% 4.95% (Oct 2022) 3.44% (Nov 2021) 97.53 k 0.00
Wipro Ltd. Computers - software 46.3 4.10% -0.26% 4.36% (Sep 2022) 2.99% (Apr 2022) 1.20 L 0.00
Bharti Airtel Ltd. Telecom - services 42.8 3.79% -0.02% 3.81% (Sep 2022) 0% (Nov 2021) 51.48 k 0.00
Bajaj Auto Ltd. Motor cycles/scooters 41.3 3.66% -0.01% 4.18% (Jun 2022) 2.93% (Dec 2021) 11.25 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 7.30%
Net Receivables Net Receivables -0.10%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st October, 2022)

  • Standard Deviation

    Low volatility
    20.29vs20.38
    Category Avg
  • Beta

    Low volatility
    0.88vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.46vs0.65
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.11vs0.15
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    0.1vs2.53
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 2126.60 2.83 8.77 20.39 18.42 40.59
HDFC Tax Saver Fund - Direct Plan - Growth 4 10065.81 3.94 8.64 17.95 16.72 18.11
Parag Parikh Tax Saver Fund - Direct Plan - Growth 5 848.19 1.39 8.93 13.77 14.57 25.38
Tata India Tax Savings Fund - Direct Plan - Growth 3 3190.55 4.13 7.80 17.27 13.95 18.15
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3986.13 3.00 6.88 15.22 13.00 24.69
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 437.12 3.42 7.67 15.07 12.33 21.41
Kotak Tax Saver Fund - Direct Plan - Growth 5 3062.89 2.98 6.93 16.44 11.58 20.23
SBI Long Term Equity Fund - Direct Plan - Growth 4 11599.86 3.58 7.33 17.98 11.42 19.80
Nippon India Tax Saver Fund - Direct Plan - Growth 3 12051.94 4.15 6.99 15.58 11.38 15.63
Franklin India Taxshield Fund - Direct - Growth 3 5003.82 3.19 8.24 17.17 11.07 18.64

More Funds from

Out of 10 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 1 is/are ranked 4 * , 1 is/are ranked 3 * , 1 is/are ranked 1 * , and 6 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quantum Long Term Equity Value Fund - Direct Plan - Growth 1 884.76 3.61 6.18 12.94 10.19 15.66
Quantum Liquid Fund - Direct Plan - Growth 5 541.90 0.54 1.43 2.65 4.41 3.80
Quantum Tax Saving Fund - Direct Plan - Growth 3 112.95 3.59 6.16 12.90 10.72 15.88
Quantum Equity Fund of Funds - Direct Plan - Growth NA 90.83 2.56 4.82 13.40 4.47 14.85
Quantum Dynamic Bond Fund - Direct Plan - Growth 4 84.05 1.35 2.07 3.86 4.04 5.91
Quantum Gold Savings Fund - Direct Plan NA 76.23 4.50 2.93 2.44 8.60 10.34
Quantum India ESG Equity Fund - Direct Plan - Growth NA 62.77 1.99 3.02 11.45 2.77 18.07
Quantum Multi Asset Fund of Funds - Direct Plan - Growth NA 47.80 2.46 3.64 6.83 7.37 9.57
Quantum Multi Asset Fund of Funds - Direct Plan - Growth NA 47.80 0.00 0.00 0.00 0.00 0.00
Quantum Nifty 50 ETF Fund of Fund - Direct Plan - Growth NA 14.05 4.37 7.46 0.00 0.00 0.00

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