3 Year return

20.27%
Launched on November 2008 (16 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has 3 years period

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹214.33 Cr.

Expense Ratio

0.9% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
1.5

Ratings by other agencies

2
3
3

Tax Implications

Withdrawal after 3 years:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

Quantum Mutual Fund Managers

SG

Sorbh Gupta

Fund Manager since Dec 2008

View Details

Fund House Details

Quantum Mutual Fund

Quantum Mutual Fund Asset management company

AUM ₹2,674.05 Cr.
No. of Schemes 20
Setup Date 13 March 2006

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

SBI Long Term Equity Fund

28.39%

5

Quant ELSS Tax Saver Fund

26.11%

3.5

Bank of India ELSS Tax Saver

21.77%

3

Schemes by Quantum Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return 21.71%
Expense Ratio 0.9%
Fund Manager Sorbh Gupta
Fund Size ₹214.33 Cr
Risk Profile Very High

AMC Contact Details

Name Quantum Mutual Fund
Launch Date 13 March 2006
Addresss Mumbai office - Nariman Point 6th Floor, Hoechst House, Nariman Point, Mumbai - 400 021, Ahmedabad office - BSQUARE Office Solutions, 6th Floor Shree Krishna Centre, Nr. Mithakhali Six Roads, Navrangpura, Ahmedabad - 380 009
Contact 1800 209 3863 / 1800 22 3863
Email CustomerCare@QuantumAMC.com
Website https://www.quantumamc.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Quantum ELSS Tax Saver Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Quantum ELSS Tax Saver Fund Oct 01 2024 is 134.12

What is the AUM of Quantum ELSS Tax Saver Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Quantum ELSS Tax Saver Fund is 214.33 crore.

What is the expense ratio of Quantum ELSS Tax Saver Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Quantum ELSS Tax Saver Fund is 0.9%

What are the returns of Quantum ELSS Tax Saver Fund since inception?

The Quantum ELSS Tax Saver Fund was launched on Nov 10 2008. The fund has delivered a CAGR of 17.92 since inception.

What is the minimum SIP amount to invest in Quantum ELSS Tax Saver Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Quantum ELSS Tax Saver Fund is 500.

How do I invest in Quantum ELSS Tax Saver Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Quantum ELSS Tax Saver Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Quantum ELSS Tax Saver Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Quantum ELSS Tax Saver Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.