How to Invest in Quantum ELSS Tax Saver Fund Direct Growth?

You can easily invest in Quantum ELSS Tax Saver Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Quantum ELSS Tax Saver Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Quantum ELSS Tax Saver Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Quantum ELSS Tax Saver Fund Direct Growth provide?

The Quantum ELSS Tax Saver Fund Direct Growth has been there from 23 Dec 2008 and the average annual returns provided by this fund is 16.30% since its inception.

How much expense ratio is charged by Quantum ELSS Tax Saver Fund Direct Growth?

The term Expense Ratio used for Quantum ELSS Tax Saver Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Quantum ELSS Tax Saver Fund Direct Growth is 0.90% as of 04 Dec 2023...

What is the AUM of Quantum ELSS Tax Saver Fund Direct Growth?

The AUM, short for Assets Under Management of Quantum ELSS Tax Saver Fund Direct Growth is ₹137.19Cr as of 04 Dec 2023.

How to Redeem Quantum ELSS Tax Saver Fund Direct Growth?

If you want to sell your Quantum ELSS Tax Saver Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Quantum ELSS Tax Saver Fund Direct Growth?

You can select either SIP or Lumpsum investment of Quantum ELSS Tax Saver Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Quantum ELSS Tax Saver Fund Direct Growth?

The NAV of Quantum ELSS Tax Saver Fund Direct Growth is ₹97.17 as of 01 Dec 2023.

What is the PE and PB ratio of Quantum ELSS Tax Saver Fund Direct Growth?

The PE ratio ratio of Quantum ELSS Tax Saver Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Quantum ELSS Tax Saver Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Quantum ELSS Tax Saver Fund Direct Growth
Equity
ELSS
Very High Risk
3Y Lock In
18.75%
3Y annualised
+0.20% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹97.17
Min. SIP amount₹500
Rating2
Fund size₹137.19Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns16.3%18.8%12.9%16.4%
Category average16.9%19.9%15.6%NA
Rank with in category222629NA
Understand terms
Holdings (30)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity8.6%
ICICI Bank Ltd.
FinancialEquity6.3%
Infosys Ltd.
TechnologyEquity4.9%
State Bank of India
FinancialEquity4.3%
Eicher Motors Ltd.
AutomobileEquity4.3%
Bajaj Auto Ltd.
AutomobileEquity4.2%
Shriram Finance Ltd
FinancialEquity4.0%
Hero Motocorp Ltd.
AutomobileEquity3.7%
Cipla Ltd.
HealthcareEquity3.6%
Bharti Airtel Ltd.
CommunicationEquity3.6%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity ELSS
Pros
Cons
Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lower expense ratio: 0.9%
Lock-in period: 3Y
Higher alpha: 1.58
The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y 
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.90%
23 Nov 2023 - 24 Nov 2023
0.90%
22 Nov 2023 - 23 Nov 2023
0.90%
21 Nov 2023 - 22 Nov 2023
0.90%
20 Nov 2023 - 21 Nov 2023
0.90%
19 Nov 2023 - 20 Nov 2023
0.90%
18 Nov 2023 - 19 Nov 2023
0.90%
17 Nov 2023 - 18 Nov 2023
0.90%
16 Nov 2023 - 17 Nov 2023
0.90%
15 Nov 2023 - 16 Nov 2023
0.90%
14 Nov 2023 - 15 Nov 2023
0.90%
13 Nov 2023 - 14 Nov 2023
0.90%
12 Nov 2023 - 13 Nov 2023
0.90%
11 Nov 2023 - 12 Nov 2023
0.90%
10 Nov 2023 - 11 Nov 2023
0.90%
09 Nov 2023 - 10 Nov 2023
0.90%
08 Nov 2023 - 09 Nov 2023
0.90%
07 Nov 2023 - 08 Nov 2023
0.90%
06 Nov 2023 - 07 Nov 2023
0.90%
05 Nov 2023 - 06 Nov 2023
0.90%
04 Nov 2023 - 05 Nov 2023
0.90%
03 Nov 2023 - 04 Nov 2023
0.90%
02 Nov 2023 - 03 Nov 2023
0.90%
01 Nov 2023 - 02 Nov 2023
0.90%
31 Oct 2023 - 01 Nov 2023
0.90%
30 Oct 2023 - 31 Oct 2023
0.90%
29 Oct 2023 - 30 Oct 2023
0.90%
28 Oct 2023 - 29 Oct 2023
0.90%
27 Oct 2023 - 28 Oct 2023
0.90%
26 Oct 2023 - 27 Oct 2023
0.90%
25 Oct 2023 - 26 Oct 2023
0.90%
24 Oct 2023 - 25 Oct 2023
0.90%
23 Oct 2023 - 24 Oct 2023
0.90%
22 Oct 2023 - 23 Oct 2023
0.90%
21 Oct 2023 - 22 Oct 2023
0.90%
20 Oct 2023 - 21 Oct 2023
0.90%
19 Oct 2023 - 20 Oct 2023
0.90%
18 Oct 2023 - 19 Oct 2023
0.90%
17 Oct 2023 - 18 Oct 2023
0.90%
16 Oct 2023 - 17 Oct 2023
0.90%
15 Oct 2023 - 16 Oct 2023
0.90%
14 Oct 2023 - 15 Oct 2023
0.90%
13 Oct 2023 - 14 Oct 2023
0.90%
12 Oct 2023 - 13 Oct 2023
0.90%
11 Oct 2023 - 12 Oct 2023
0.90%
10 Oct 2023 - 11 Oct 2023
0.90%
09 Oct 2023 - 10 Oct 2023
0.90%
08 Oct 2023 - 09 Oct 2023
0.90%
07 Oct 2023 - 08 Oct 2023
0.90%
06 Oct 2023 - 07 Oct 2023
0.90%
05 Oct 2023 - 06 Oct 2023
0.90%
04 Oct 2023 - 05 Oct 2023
0.90%
03 Oct 2023 - 04 Oct 2023
0.90%
02 Oct 2023 - 03 Oct 2023
0.90%
01 Oct 2023 - 02 Oct 2023
0.90%
30 Sep 2023 - 01 Oct 2023
0.90%
29 Sep 2023 - 30 Sep 2023
0.90%
28 Sep 2023 - 29 Sep 2023
0.90%
27 Sep 2023 - 28 Sep 2023
0.90%
26 Sep 2023 - 27 Sep 2023
0.90%
25 Sep 2023 - 26 Sep 2023
0.90%
24 Sep 2023 - 25 Sep 2023
0.90%
23 Sep 2023 - 24 Sep 2023
0.90%
22 Sep 2023 - 23 Sep 2023
0.90%
21 Sep 2023 - 22 Sep 2023
0.90%
20 Sep 2023 - 21 Sep 2023
0.90%
19 Sep 2023 - 20 Sep 2023
0.90%
18 Sep 2023 - 19 Sep 2023
0.90%
15 Sep 2023 - 18 Sep 2023
0.90%
14 Sep 2023 - 15 Sep 2023
0.90%
13 Sep 2023 - 14 Sep 2023
0.90%
12 Sep 2023 - 13 Sep 2023
0.90%
11 Sep 2023 - 12 Sep 2023
0.90%
10 Sep 2023 - 11 Sep 2023
0.90%
09 Sep 2023 - 10 Sep 2023
0.90%
08 Sep 2023 - 09 Sep 2023
0.90%
07 Sep 2023 - 08 Sep 2023
0.90%
06 Sep 2023 - 07 Sep 2023
0.90%
05 Sep 2023 - 06 Sep 2023
0.90%
04 Sep 2023 - 05 Sep 2023
0.90%
03 Sep 2023 - 04 Sep 2023
0.90%
02 Sep 2023 - 03 Sep 2023
0.90%
01 Sep 2023 - 02 Sep 2023
0.90%
31 Aug 2023 - 01 Sep 2023
0.90%
31 Jul 2023 - 31 Aug 2023
1.29%
30 Jun 2023 - 31 Jul 2023
1.29%
31 May 2023 - 30 Jun 2023
1.29%
30 Apr 2023 - 31 May 2023
1.29%
31 Mar 2023 - 30 Apr 2023
1.29%
28 Feb 2023 - 31 Mar 2023
1.29%
31 Jan 2023 - 28 Feb 2023
1.29%
31 Dec 2022 - 31 Jan 2023
1.29%
30 Nov 2022 - 31 Dec 2022
1.29%
30 Nov 2022 - 30 Nov 2022
1.29%
30 Nov 2022 - 30 Nov 2022
1.29%
31 Oct 2022 - 30 Nov 2022
1.29%
31 Oct 2022 - 31 Oct 2022
1.29%
31 Oct 2022 - 31 Oct 2022
1.29%
30 Sep 2022 - 31 Oct 2022
1.29%
30 Sep 2022 - 30 Sep 2022
1.29%
30 Sep 2022 - 30 Sep 2022
1.29%
31 Aug 2022 - 30 Sep 2022
1.29%
31 Aug 2022 - 31 Aug 2022
1.29%
31 Jul 2022 - 31 Aug 2022
1.29%
31 Jul 2022 - 31 Jul 2022
1.29%
30 Jun 2022 - 31 Jul 2022
1.29%
30 Jun 2022 - 30 Jun 2022
1.29%
31 May 2022 - 30 Jun 2022
1.29%
31 May 2022 - 31 May 2022
1.29%
30 Apr 2022 - 31 May 2022
1.29%
30 Apr 2022 - 30 Apr 2022
1.29%
31 Mar 2022 - 30 Apr 2022
1.29%
31 Mar 2022 - 31 Mar 2022
1.29%
28 Feb 2022 - 31 Mar 2022
1.29%
28 Feb 2022 - 28 Feb 2022
1.29%
31 Jan 2022 - 28 Feb 2022
1.29%
31 Jan 2022 - 31 Jan 2022
1.29%
31 Dec 2021 - 31 Jan 2022
1.29%
30 Nov 2021 - 31 Dec 2021
1.29%
31 Oct 2021 - 30 Nov 2021
1.29%
30 Sep 2021 - 31 Oct 2021
1.29%
31 Aug 2021 - 30 Sep 2021
1.29%
31 Jul 2021 - 31 Aug 2021
1.29%
30 Jun 2021 - 31 Jul 2021
1.29%
31 May 2021 - 30 Jun 2021
1.29%
30 Apr 2021 - 31 May 2021
1.29%
31 Mar 2021 - 30 Apr 2021
1.29%
28 Feb 2021 - 31 Mar 2021
1.29%
31 Jan 2021 - 28 Feb 2021
1.29%
31 Dec 2020 - 31 Jan 2021
1.29%
30 Nov 2020 - 31 Dec 2020
1.29%
31 Oct 2020 - 30 Nov 2020
1.29%
30 Sep 2020 - 31 Oct 2020
1.29%
31 Aug 2020 - 30 Sep 2020
1.29%
31 Jul 2020 - 31 Aug 2020
1.29%
30 Jun 2020 - 31 Jul 2020
1.29%
31 May 2020 - 30 Jun 2020
1.29%
30 Apr 2020 - 31 May 2020
1.29%
31 Mar 2020 - 30 Apr 2020
1.29%
29 Feb 2020 - 31 Mar 2020
1.13%
31 Jan 2020 - 29 Feb 2020
1.29%
31 Dec 2019 - 31 Jan 2020
1.29%
30 Nov 2019 - 31 Dec 2019
1.28%
31 Oct 2019 - 30 Nov 2019
1.28%
30 Sep 2019 - 31 Oct 2019
1.28%
31 Aug 2019 - 30 Sep 2019
1.28%
31 Jul 2019 - 31 Aug 2019
1.28%
30 Jun 2019 - 31 Jul 2019
1.28%
31 May 2019 - 30 Jun 2019
1.28%
30 Apr 2019 - 31 May 2019
1.28%
31 Mar 2019 - 30 Apr 2019
1.28%
28 Feb 2019 - 31 Mar 2019
1.29%
31 Jan 2019 - 28 Feb 2019
1.29%
31 Dec 2018 - 31 Jan 2019
1.29%
30 Nov 2018 - 31 Dec 2018
1.29%
31 Oct 2018 - 30 Nov 2018
1.29%
30 Sep 2018 - 31 Oct 2018
1.29%
31 Aug 2018 - 30 Sep 2018
1.29%
31 Jul 2018 - 31 Aug 2018
1.29%
30 Jun 2018 - 31 Jul 2018
1.29%
31 May 2018 - 30 Jun 2018
1.28%
30 Apr 2018 - 31 May 2018
1.29%
31 Mar 2018 - 30 Apr 2018
1.29%
28 Feb 2018 - 31 Mar 2018
1.29%
31 Jan 2018 - 28 Feb 2018
1.28%
31 Dec 2017 - 31 Jan 2018
1.28%
30 Nov 2017 - 31 Dec 2017
1.29%
31 Oct 2017 - 30 Nov 2017
1.29%
Expense ratio, exit load and taxExpense ratio: 0.90%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementGeorge Thomas
Apr 2022 - Present
View details
Education
Mr. Thomas is B.Tech and PGDBM(Finance)
Experience
Prior to Joining Quantum, he has worked with Robert Bosch Engineering and Wipro Technologies.
Also manages these schemes
Quantum Long Term Equity Value Fund Direct Growth
Quantum ELSS Tax Saver Fund Direct Growth
Quantum Multi Asset Fund of Funds Direct Growth
Christy Mathai
Nov 2022 - Present
View details
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.
Also manages these schemes
Quantum Long Term Equity Value Fund Direct Growth
Quantum ELSS Tax Saver Fund Direct Growth
Fund house & investment objective
Quantum Mutual Fund
Rank (total assets)#33 in India
Total AUM₹2,005.82Cr
Date of Incorporation19 Sep 2005
 Quantum ELSS Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by Quantum Mutual Fund. This scheme was made available to investors on 19 Sep 2005. Atul Kumar, Sorbh Gupta is the Current Fund Manager of Quantum ELSS Tax Saver Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,006 Cr and the Latest NAV as of 01 Dec 2023 is ₹97.17.
The Quantum ELSS Tax Saver Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
;
Investment ObjectiveThe 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 benchmarkS&P BSE 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
6th Floor,Sea Breeze Building,Appasaheb Marathe Marg, Prabhadevi Mumbai 400021
Phone
1800-209-3863 / 1800-22-3863 / 91-22-61447800
Launch Date
19 Sep 2005
E-mail
NA
Website
www.quantumamc.com
Quantum Mutual Fund
Asset Management Company
Custodian
Hongkong & Shanghai Banking Corporation
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Quantum ELSS Tax Saver Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	16.3%	18.8%	12.9%	16.4%
Category average	16.9%	19.9%	15.6%	NA
Rank with in category	22	26	29	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	8.6%
ICICI Bank Ltd.	Financial	Equity	6.3%
Infosys Ltd.	Technology	Equity	4.9%
State Bank of India	Financial	Equity	4.3%
Eicher Motors Ltd.	Automobile	Equity	4.3%
Bajaj Auto Ltd.	Automobile	Equity	4.2%
Shriram Finance Ltd	Financial	Equity	4.0%
Hero Motocorp Ltd.	Automobile	Equity	3.7%
Cipla Ltd.	Healthcare	Equity	3.6%
Bharti Airtel Ltd.	Communication	Equity	3.6%

Rank (total assets)	#33 in India
Total AUM	₹2,005.82Cr

Date of Incorporation	19 Sep 2005

Fund benchmark	S&P BSE 500 Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	2
Fund size	₹137.19Cr

Quantum ELSS Tax Saver Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (30)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.90%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

George ThomasApr 2022 - PresentView details

Christy MathaiNov 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

George Thomas
Apr 2022 - Present
View details

Christy Mathai
Nov 2022 - Present
View details