July 12, 2024
mayank
Quantum ELSS Tax Saver Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 125.8100
NAV IDCW: Rs 125.8100
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks capital appreciation through a diversified portfolio comprising primarily of stocks of such companies that will typically be included un the BSE 200 Index, are available at attractive valuations and in a position to benefit from the anticipated growth and development of Indian economy. The scheme can be fully into equities (and equity related securities) and upto 20% in debt & money market instruments.
Fund Manager:
1) Christy Mathai
Education: Mr. Mathai has done Bachelor of Engineering, PGDM – Finance and CFA Charterholder
Experience: Prior to joining Quantum Mutual Fund he was associated with Safe Enterprise (GE Shipping Family Office), Quantum Advisors Pvt. Ltd. and Tata Consultancy Services.
2) George Thomas
Education: Mr. Thomas is B.Tech and PGDBM(Finance)
Experience: Prior to Joining Quantum Mutual Fund, he has worked with Robert Bosch Engineering and Wipro Technologies.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs)500 | |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details of Quantum ELSS Tax Saver Fund
| Fund House | Quantum Mutual Fund |
| Launch Date | 23-Dec-08 |
| Return Since Launch | 17.67% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 200 Cr |
| (As on 30-Jun-2024) | |
| Expense | 0.90% |
| (As on 31-May-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 21.59% |
Trailing Returns (%) of Quantum ELSS Tax Saver Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Quantum ELSS Tax Saver Dir | 20.98 | 0.01 | 4.48 | 11.03 | 20.72 | 42.45 | 20.08 | 18.41 | 14.22 | 14.07 |
| BSE 500 TRI | 19.08 | 0.14 | 5.42 | 10.50 | 18.16 | 39.25 | 20.54 | 20.91 | 16.63 | 15.80 |
| Equity: ELSS | 21.02 | 0.15 | 5.67 | 11.65 | 19.99 | 42.86 | 21.73 | 21.88 | 16.99 | 17.08 |
| Rank within category | 18 | 28 | 34 | 24 | 16 | 18 | 23 | 28 | 27 | 25 |
| Number of funds in category | 39 | 39 | 39 | 39 | 39 | 38 | 33 | 31 | 29 | 25 |
Peer Comparison of Quantum ELSS Tax Saver Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Quantum ELSS Tax Saver Dir | 2 star | 42.45 | 20.08 | 18.41 | 0.90 | 200 | 17.67 | — | 15Y 6M | 21.59 |
| SBI Long Term Equity Dir | 5 star | 58.64 | 29.43 | 25.84 | 0.94 | 25,738 | 18.11 | — | 11Y 6M | 20.00 |
| DSP ELSS Tax Saver Dir | 4 star | 50.06 | 23.01 | 24.05 | 0.75 | 16,284 | 19.41 | — | 11Y 6M | 40.00 |
| HDFC ELSS Tax Saver Dir | 4 star | 48.10 | 27.69 | 21.56 | 1.13 | 15,674 | 16.46 | — | 11Y 6M | 34.74 |
| Quant ELSS Tax Saver Dir | 5 star | 60.75 | 28.91 | 36.22 | 0.77 | 10,528 | 23.67 | — | 11Y 6M | 162.00 |
Portfolio Analysis of Quantum ELSS Tax Saver Fund
| No. of Stocks | 29 |
| Top 10 Stocks | 44.29% |
| Top 5 Stocks | 26.33% |
| Top 3 Sectors | 59.47% |
| Portfolio P/B Ratio | 3.44 |
| Portfolio P/E Ratio | 21.89 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,06,507 | 1,82,906 |
| Giant (%) | 51.78 | 51.03 |
| Large (%) | 29.22 | 19.96 |
| Mid (%) | 16.14 | 23.29 |
| Small (%) | 2.86 | 7.53 |
| Tiny (%) | — | 0.30 |
Chanakya’s Mutual Fund Guidance For Quantum ELSS Tax Saver Fund
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