Quantum Tax Saving Fund - Regular Plan Growth Option

About Quantum Tax Saving Fund

Quantum Tax Saving Fund (QTSF) is an open ended equity linked scheme ELSS mutual fund from India’s first Direct to Investor fund house - Quantum Mutual Fund. This ELSS scheme also has a lock in period of 3 years with Tax exemption benefits of 80C. QTSF’s investment objective is achievement of long-term capital appreciation by investing primarily in shares of companies that will typically be included in the S&P BSE 200 Index.

Pros & Cons of Quantum Tax Saving Fund

Quantum Tax Saving Fund offers 3 benefits:

1. Tax deduction of upto Rs 1.5lakh under Section 80C of the Income Tax Act
2. Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility.
3. Being a star-rated fund, it has started the investment journey recently. In that short period, the fund has been able to contain losses more than the benchmark and the category in 3 month and 1 year period.

Fund Information and Statistics of Quantum Tax Saving Fund

i) Inception / Launch date

Quantum Tax Saving Fund was launched on 1 April 2017 by Quantum Mutual Fund.

ii) Risk level

Being a multi-cap fund, Quantum Tax Saving Fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years

iii) Redemption

Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Atul Kumar and Mr. Sorbh Gupta, have been jointly managing the Quantum Tax Saving Fund since April 2017.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in Quantum Tax Saving Fund

Tax benefits of investing in Quantum Tax Saving Fund

Quantum Tax Saving Fund has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.

About Quantum Mutual Fund

Since launch of its first scheme in March 2006, the fund house has experienced consistent growth in the past 12 years. The fund strives to be the most trusted fund house in the country by focusing on the needs of its investors. It endeavours to adhere to ethical values of transparency, simplicity and integrity while continuously delivering steady performance over the long term.