Quantum Tax Saving Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 77.1 as on 23-03-2023
Fund Performance
141 people have invested ₹ 9.1L in mutual fund in the last three months
Fund Insights
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%
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
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
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)
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
 | 1.29% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹115 Cr |
 | 23 December, 2008 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 12.97% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
79.2%
Mid cap
8%
Small cap
6.9%
Sector Allocation
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 Holdings28
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Housing Development Finance Corp Ltd | 7.76% | 0% | |
 ICICI Bank Ltd | 6.78% | 3.1% | |
 HDFC Bank Ltd | 6.75% | 0% | |
 Infosys Ltd | 5.79% | 1.7% | |
 Mahindra & Mahindra Ltd | 4.87% | 0% |
See all
Quantum Tax Saving Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- 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
- 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 Securities Ltd's allocation increased from 0.17% to 1.18%
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 %
HDFC Bank Ltd's allocation decreased from 6.86 % to 6.65 %
ICICI Bank Ltd's allocation decreased from 6.64 % to 6.29 %
Large Cap allocation has gone up from 78.9% to 79.2%
Small Cap allocation has gone up from 6.3% to 6.9%
Mid Cap allocation has gone down from 9% to 8%
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)
Top Growth Drivers | 1M Return |
|---|---|
 Tech Mahindra Ltd | 7.5% |
 Gujarat State Petronet Ltd | 7.2% |
 GAIL (India) Ltd | 6.9% |
Top Losers | 1M Return |
|---|---|
 Tata Steel Ltd | -14.8% |
 Cipla Ltd | -12.2% |
 Hero MotoCorp Ltd | -11.3% |
Peer Analysis
Quantum Tax Saving Direct Growth Fund Manager
George Thomas
Fund Manager of Quantum Tax Saving Direct Growth, since 1 April 2022
Top funds managed
Christy Mathai
Fund Manager of Quantum Tax Saving Direct Growth, since 23 November 2022
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
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
This fund has an allocation of 94.06% in Equity, 0% in Debt and 5.94% in Cash related instruments
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%
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.
- 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.
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
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.