Quantum Gold Savings Fund Direct Growth

Quantum Gold Savings Fund Direct Growth

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Direct
Sector - Precious Metals
NAV: ₹ 28.94 as on 22-05-2024

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

  1. 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.
  2. The fund has an expense ratio 0.1.
Fund Performance
zero opening, trading, fund transfer fee
950 people have invested ₹ 49.1L in Quantum Gold Savings Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.06%
Benchmark
Benchmark
Domestic Price of Gold
AUM
AUM
₹115 Cr
Inception Date
Inception Date
19 May, 2011
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
7.62%

Quantum Gold Savings Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 0.8%

Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
100%

Top Holdings of Quantum Gold Savings Fund Direct Growth as on (30-Apr-24)

  • Equity

Equity Holdings1
Holdings
Weight%
1M Change
Quantum Gold ETF
Quantum Gold ETF
100.07%
4.2%

Mutual Fund Insights

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In the last 3 years, SBI Gold Fund Direct Plan Growth has given 14.4% return, outperforming this fund by 0.22% per annum.
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In the last 1 year, ICICI Prudential Silver ETF Fund of Fund Direct Growth has given 27.51% return, outperforming this fund by 5.47%.
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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%.
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In the last 5 years, Kotak Gold Fund Growth - Direct has given 17.8% return, outperforming this fund by 0.37% per annum.
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Over the last 6 months, this fund has experienced a 23.5% growth in AUM moving from 92.7 Cr to 114.51 Cr.

Fund Manager

Chirag Mehta
Chirag Mehta
Fund Manager of Quantum Gold Savings Fund Direct Growth, since 19 May 2011

Quantum Gold Savings Fund Direct Growth Highlights

Risk meter
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High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.51% since inception which is less than its category average return of 16.01%
AUM size ₹115 Cr

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%

Expense Ratio 0.06%

This fund has an expense ratio of 0.06% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of Quantum Gold Savings Fund Direct Growth is ₹28.94 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
Quantum Gold Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.83%
0.83%
6 Month Returns
20.93%
20.93%
1 Year Returns
22.04%
22.04%
3 Years Returns
48.86%
14.18%
5 Years Returns
123.33%
17.43%
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%