- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Fund Information
-
As of 31 Aug 2023, fund size of Quantum ELSS Tax Saver Fund is
164.78 Cr. -
Quantum ELSS Tax Saver Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
2%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.
-
Quantum ELSS Tax Saver Fund is an
Equityoriented mutual fund in the
- ELSS Fundcategory.
-
S&P BSE 500 TRI
is the benchmark for Quantum ELSS Tax Saver Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.
-
The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on
05 Apr 2017as at present it is 8 years old fund.
-
Name of the AMC is
Quantum Mutual Funds.
Click here to
know moreabout Quantum Mutual Funds.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Quantum ELSS Tax Saver Fund managed by following fund manager(s);
Riskometer
Investors understand that their
principal
will be at Very High risk
How does the
Return Comparison of the Quantum ELSS Tax Saver Fund fare against peer funds in the ELSS fund category?
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Quantum ELSS Tax Saver Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Equity, ELSS fund category these peer funds belongs to.
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|
| Category Best | 27.06% | 27.06% | 27.06% | 42.42% | 29.95% | 22.84% | 27.07% | 18.29% |
| Category Average | -3.18% | -5.48% | -9.69% | 5.67% | 19.20% | 13.96% | 16.50% | 12.14% |
| Quantum ELSS Tax Saver Fund | -1.24% | -3.42% | -5.94% | 9.83% | 21.66% | 16.62% | 17.71% | - |
| SBI ELSS Tax Saver Fund | -2.83% | -4.43% | -9.78% | 9.07% | 29.95% | 22.84% | 22.19% | 13.16% |
| HDFC ELSS Tax Saver Fund | -1.05% | -3.40% | -6.39% | 9.44% | 24.93% | 20.90% | 19.97% | 11.84% |
| ICICI Prudential Long Term Wealth Enhancement Fund | 27.06% | 27.06% | 27.06% | - | - | - | - | - |
| Motilal Oswal Long Term Equity Fund | -10.77% | -14.65% | -14.06% | 9.22% | 27.23% | 19.28% | 17.59% | 15.33% |
| DSP ELSS Tax Saver Fund | -2.77% | -4.83% | -9.14% | 10.32% | 23.69% | 16.62% | 19.00% | 14.46% |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Quantum ELSS Tax Saver Fund are shown below;
Equity 94.03%
Debt 5.23%
Others 0.74%
Top Equity Holdings
| Name of the Equity | Holding Percentage |
|---|---|
| HDFC Bank Ltd | 9.14% |
| ICICI BANK LTD. | 6.59% |
| INFOSYS LTD. | 5.12% |
| EICHER MOTORS LTD. | 4.37% |
| STATE BANK OF INDIA | 4.31% |
| Others | 70.47% |
Allocation by Sector
| Name of the Sector | Holding Percentage |
|---|---|
| Financial | 35.03% |
| Technology | 16.15% |
| Automobile | 15.23% |
| Energy | 8.52% |
| Healthcare | 6.38% |
| Others | 18.69% |
Portfolio Holdings shown is as of 31 Aug 2023