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Quantum Tax Saving Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Quantum Mutual Fund
  • NAV
    : ₹ 53.61 0.85%
    (as on 17th May, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 86.13% investment in indian stocks of which 71.54% is in large cap stocks, 12.9% is in mid cap stocks, 1.67% 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.

Crisil Rank Change : Fund Crisil rank was updated from 4 to 3 in the previous quarter.

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Returns (NAV as on 17th May, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 10-May-19 9994.41 -0.06% - 0.18% 44/64
1 Month 16-Apr-19 9500.27 -5.00% - -4.68% 41/64
3 Month 15-Feb-19 10421.85 4.22% - 6.02% 55/64
6 Month 16-Nov-18 10130.39 1.30% - 2.57% 42/63
YTD 01-Apr-19 9643.82 -3.56% - -3.91% 29/64
1 Year 17-May-18 10268.15 2.68% 2.68% -4.19% 6/60
2 Year 17-May-17 10724.14 7.24% 3.56% 3.60% 29/51
3 Year 17-May-16 13662.08 36.62% 10.96% 12.20% 31/45
5 Year 16-May-14 17276.83 72.77% 11.54% 13.69% 28/33
10 Year 15-May-09 47602.56 376.03% 16.87% 16.87% 1/1
Since Inception 23-Dec-08 53610.00 436.10% 17.52% - -/-

SIP Returns (NAV as on 17th May,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 17-May-18 12000 12060.05 0.50 % 0.93 %
2 years 17-May-17 24000 24582.44 2.43 % 2.33 %
3 years 17-May-16 36000 39150.04 8.75 % 5.53 %
5 years 17-May-14 60000 74214.39 23.69 % 8.44 %
10 years 17-May-09 120000 227140.59 89.28 % 12.26 %
 

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 30th Apr,2019)

Portfolio Turnover Ratio : 14.42%  |   Category average turnover ratio is 39.67%  
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 : 86.13% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 86.13%
No of Stocks : 26 (Category Avg - 45.39) | Large Cap Investments : 71.54%| Mid Cap Investments : 12.9% | Small Cap Investments : 1.67% | Other : 0.02%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Infosys Ltd. Computers - software 62.8 7.87% 0.07% 7.25% (May 2018) 7.25% (May 2018) 83.62 k 0.00
Housing Development Finance Corporation Ltd. Housing finance 61.8 7.74% 0.09% 6.77% (Sep 2018) 6.77% (Sep 2018) 30.96 k 0.00
Bajaj Auto Ltd. Motor cycles/scooters 46.4 5.82% 0.14% 5.45% (Jan 2019) 5.45% (Jan 2019) 15.56 k 0.00
Wipro Ltd. Computers - software 39 4.88% 0.71% 3.28% (May 2018) 3.28% (May 2018) 1.31 L 0.00
State Bank Of India Banks 36.6 4.58% -0.17% 3.86% (Jun 2018) 3.86% (Jun 2018) 1.18 L 0.00
Tata Consultancy Services Ltd. Computers - software 35.6 4.46% 0.50% 3.96% (Mar 2019) 3.96% (Mar 2019) 15.76 k 0.00
Hero Motocorp Ltd. Motor cycles/scooters 35 4.38% -0.08% 4.38% (Apr 2019) 4.38% (Apr 2019) 13.93 k 0.00
ICICI Bank Ltd. Banks 34.4 4.30% 0.06% 4.11% (Jun 2018) 4.11% (Jun 2018) 84.33 k 0.00
LIC Housing Finance Ltd. Housing finance 28 3.51% -0.25% 1.15% (May 2018) 1.15% (May 2018) 56.34 k 0.00
GAIL (India) Ltd. Gas transmission/marketing 26.7 3.34% 0.07% 3.21% (Jan 2019) 3.21% (Jan 2019) 74.92 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
CBLO CBLO 13.80%
Net Receivables Net Receivables 0.07%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th April, 2019)

    No data available. Ratios are only available for the funds which are 3 years old.

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 6273.40 -3.33 9.68 4.80 6.64 13.13
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 1948.77 -4.26 6.00 5.15 6.08 20.60
Kotak Tax Saver Scheme - Direct Plan - Growth 4 898.38 -2.73 7.97 7.37 6.06 14.97
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 947.82 -3.51 6.08 5.86 5.99 13.69
Tata India Tax Savings Fund - Direct Plan - Growth NA 1790.25 -2.35 7.43 7.74 2.42 14.61
Axis Long Term Equity Fund - Direct Plan - Growth 3 19108.72 -2.48 6.82 5.54 2.01 14.10
DSP Tax Saver Fund - Direct Plan - Growth 3 5487.06 -4.27 8.41 6.16 1.89 14.25
DHFL Pramerica Tax Plan - Direct Plan - Growth NA 34.21 -3.26 5.93 6.03 1.68 13.59
DHFL Pramerica Long Term Equity Fund - Direct Plan - Growth 4 327.59 -3.24 5.70 5.85 1.52 13.50
Essel Long Term Advantage Fund - Direct Plan - Growth 3 58.74 -4.56 5.70 4.62 1.52 12.21

More Funds from Quantum Mutual Fund

Out of 7 mutual fund schemes offered by this AMC, 1 is/are ranked 4 * , 2 is/are ranked 3 * , and 4 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 3 968.02 -5.14 4.10 1.24 2.76 10.81
Quantum Liquid Fund - Direct Plan - Growth NA 269.41 0.53 1.63 3.34 6.78 6.41
Quantum Tax Saving Fund - Direct Plan - Growth 3 79.83 -5.00 4.22 1.30 2.68 10.96
Quantum Dynamic Bond Fund - Direct Plan - Growth 4 57.92 0.75 2.33 4.51 8.25 0.00
Quantum Equity Fund of Funds - Direct Plan - Growth NA 38.05 -4.61 5.48 2.83 -0.80 11.57
Quantum Multi Asset Fund - Direct Plan - Growth NA 17.22 -0.95 2.02 3.17 5.66 8.36
Quantum Gold Savings Fund - Direct Plan NA 14.02 0.62 -3.86 2.69 2.54 1.23

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