Quantum Tax Saving Direct Growth
Quantum Tax Saving Direct Growth

Quantum Tax Saving Direct Growth

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 77.1 as on 23-03-2023

Fund Performance
zero opening, trading, fund transfer fee
141 people have invested ₹ 9.1L in mutual fund in the last three months

Fund Insights

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In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has given 9.97% return, outperforming Quantum Tax Saving Direct Growth by 7.1%

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In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 55.83% return, outperforming Quantum Tax Saving Direct Growth by 29.25% per annum

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In the last 5 years, Quant Tax Plan Growth Option Direct Plan has given 22.47% return, outperforming Quantum Tax Saving Direct Growth by 13.53% per annum

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Quantum Tax Saving Direct Growth expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.29% which is lower than the category average expense ratio of 1.42%

INDmoney Rank

Powered by IND quant engine
16
/23
40% Performance
42% Risk Management
19% Cost
16 out of 23 among elss (tax savings)

Pros

Protects capital during bear phase

Beats FD returns for both 3Y & 5Y

Cons

Has not generated consistent returns

Does not beat the benchmark consistently

Higher probablity of downside risk

Quantum Tax Saving Direct Growth Performance as on (23-Mar-23)

Return
1M
3M
6M
1Y
3Y
5Y
Quantum Tax Saving Direct Growth
-3.2%
-4.8%
-2.5%
2.9%
26.6%
8.9%
Nifty 500
-1.4%
-3.9%
-4%
-1.6%
32.3%
10.4%
elss (tax savings)
-2.1%
-4.9%
-4.4%
0%
25.3%
10.1%

About the Fund

Quantum Tax Saving Direct Growth is an equity fund. This fund was started on  23 December, 2008. The fund is managed by George Thomas, Christy Mathai. The fund could potentially beat inflation in the long-run.

Key parameters

1) Quantum Tax Saving Direct Growth has a NAV of 77.07 as on 23-03-2023.

2) Quantum Tax Saving Direct Growth has 115 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.

3) The fund has an expense ratio 1.29 %.

Quantum Tax Saving Direct Growth Overview

Expense ratio
Expense ratio
1.29%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹115 Cr
Inception Date
Inception Date
23 December, 2008
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
12.97%

Fund Distribution as on (28-Feb-23)

  • Equity 94.1%

  • Debt & Cash 5.9%

Size breakup

Large cap
79.2%
Mid cap
8%
Small cap
6.9%

Sector Allocation

Feb'23

Jan'23

Dec'22

Financial Services

40.5%

Tech

18.4%

Consumer Cyclical

18.3%

Utilities

8%

Health

5.3%

Communication

3.5%

Basic Materials

2.8%

Energy

2.1%

Industrial

1.1%

Top Holdings of Quantum Tax Saving Direct Growth as on (28-Feb-23)

  • Equity

Equity Holdings28

Quantum Tax Saving Direct Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
-2.76%
-0.77%
-2.31%
Nifty 500
-2.22%
-3.79%
-3.47%
  • This fund’s returns stands at -2.76% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
  • This fund underperformed Nifty 500 by 0.54% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 115.2 Cr
₹ 117.2 Cr
₹ 115.5 Cr
  • AUM of the fund stands at 115.2 Cr as of Feb'23
  • AUM decreased by 2 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Top Stocks bought last month
ICICI Lombard General Insurance Co Ltd's allocation increased from 0.92% to 1.92%
ICICI Lombard General Insurance Co Ltd's allocation increased from 0.92% to 1.92%
ICICI Securities Ltd's allocation increased from 0.17% to 1.18%
ICICI Securities Ltd's allocation increased from 0.17% to 1.18%
Tata Consultancy Services Ltd's allocation increased from 3.17% to 3.63%
Tata Consultancy Services Ltd's allocation increased from 3.17% to 3.63%
Top Stocks sold last month
Housing Development Finance Corp Ltd's allocation decreased from 7.83 % to 7.67 %
Housing Development Finance Corp Ltd's allocation decreased from 7.83 % to 7.67 %
HDFC Bank Ltd's allocation decreased from 6.86 % to 6.65 %
HDFC Bank Ltd's allocation decreased from 6.86 % to 6.65 %
ICICI Bank Ltd's allocation decreased from 6.64 % to 6.29 %
ICICI Bank Ltd's allocation decreased from 6.64 % to 6.29 %
Large Cap allocation has gone up from 78.9% to 79.2%
Large Cap allocation has gone up from 78.9% to 79.2%
Small Cap allocation has gone up from 6.3% to 6.9%
Small Cap allocation has gone up from 6.3% to 6.9%
Mid Cap allocation has gone down from 9% to 8%
Mid Cap allocation has gone down from 9% to 8%
Cash allocation has gone up from 5.8% to 5.9%
Cash allocation has gone up from 5.8% to 5.9%

Top 3 Sectors in February were Financial Services, Consumer Cyclical & Tech

Feb'23
Financial Services
41%
Tech
18%
Consumer Cyclical
18%
Jan'23
Financial Services
40%
Consumer Cyclical
19%
Tech
18%

Gainers & Losers in Quantum Tax Saving Direct Growth portfolio as on (28-Feb-23)

Quantum Tax Saving Direct Growth Fund Manager

George Thomas

George Thomas

Fund Manager of Quantum Tax Saving Direct Growth, since 1 April 2022
Christy Mathai

Christy Mathai

Fund Manager of Quantum Tax Saving Direct Growth, since 23 November 2022

Fund Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 15.44% since inception which is more than its category average return of 12.28%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.06% in Equity, 0% in Debt and 5.94% in Cash related instruments
AUM size ₹115 Cr

AUM size ₹115 Cr

This fund has AUM of ₹115 Cr which is less than its category average of ₹ 2556 Cr
Expense Ratio 1.29%

Expense Ratio 1.29%

This fund has an expense ratio of 1.29% which is less than its category average expense ratio of 1.57%

Frequently Asked Questions

The current NAV of Quantum Tax Saving Direct Growth is 77 as on 20-Mar-2023.
Existing (Absolute + CAGR)
Quantum Tax Saving Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.51%
-4.51%
6 Month Returns
-1.52%
-1.52%
1 Year Returns
3.24%
3.24%
3 Years Returns
99.2%
25.82%
5 Years Returns
52.5%
8.81%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
1.29 as on February 2023
115 Cr as on February 2023
Housing Development Finance Corp Ltd(7.76%),ICICI Bank Ltd(6.78%),HDFC Bank Ltd(6.75%),Infosys Ltd(5.79%),Mahindra & Mahindra Ltd(4.87%) as on February 2023
Financial Services(38.12%),Tech(17.29%),Consumer Cyclical(17.17%) as on February 2023
The alpha ratio for the Quantum Tax Saving Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Quantum Tax Saving Direct Growth
3.42
0.56
-1.75
As on February 2023
The alpha for Quantum Tax Saving Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Quantum Tax Saving Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Quantum Tax Saving Direct Growth
0.76
0.93
0.89
As on February 2023
The Beta for Quantum Tax Saving Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Quantum Tax Saving Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Quantum Tax Saving Direct Growth
0.19
0.67
0.26
As on February 2023
The sharpe ratio for Quantum Tax Saving Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Quantum Tax Saving Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Quantum Tax Saving Direct Growth
12.96
21.43
18.23
As on February 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.96 as on February 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
George Thomas,Christy Mathai are the fund managers of Quantum Tax Saving Direct Growth
The Exit load of Quantum Tax Saving Direct Growth is 0%

Mutual Fund execution provided by

BSE Star MF

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.