2-in-1 Surprise:
I want to save Tax!
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* I agree to the terms and conditions mentioned below.
Quantum Tax Saving Fund (ELSS)
If you are looking for an opportunity to build wealth over the long term and save tax
upto ₹46,800/- (annually)**,
start investing in this open-ended Equity Linked Savings Scheme (ELSS).
Benefits of ELSS
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Save tax upto
₹46,800/-
(annually)** -
Grow Wealth
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Lowest Lock-in
of 3 years -
Long-term growth
with Value Style
Fund Manager
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SORBH GUPTA
Managing the scheme since Oct 1, 2016. Click here to view other funds managed by him.
Fund Features
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ABOUT THE FUND
Open ended fund with Tax benefit u/s 80c & 3 years lock in period.
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SCHEME OPTIONS
1. Growth Option
2. Income Distribution Cum Capital Withdrawal Option (IDCW) -
MINIMUM APPLICATION AMOUNT
Rs. 500/- and multiples of Rs. 500/- thereafter.
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MINIMUM ADDITIONAL APPLICATION AMOUNT (FOR ALL OPTIONS)
Rs. 500/- and multiples of Rs. 500/- thereafter.
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LOCK-IN PERIOD
Redemption of Units can be made only after a period of three years (lock-in period) from the date of purchase.
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MINIMUM REDEMPTION AMOUNT
Rs.500/- or 50 units
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SIP – SYSTEMATIC INVESTMENT PLAN
Daily, Weekly, Fortnightly, Monthly & Quarterly frequency: Rs. 500/- and in multiples of Rs. 500/- thereafter
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STP – SYSTEMATIC TRANSFER PLAN
Daily, Weekly, Fortnightly, Monthly & Quarterly frequency: Rs. 500/- and in multiples of Rs. 500/- thereafter
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SWP – SYSTEMATIC WITHDRAWAL PLAN
Weekly, Fortnightly, Monthly & Quarterly: Rs. 500/- and in multiples of Rs. 500/- thereafter
Fund Performance
Current Value of Rs.10,000 Invested at the beginning of a given period.
Past performance may or may not be sustained in future.- Load is not taken into consideration in scheme returns calculation.
- Different Plans shall have a different expense structure.
- Returns are net of total expenses and are calculated on the basis of Compounded Annualized Growth Rate (CAGR).
- *with effect from February 01,2020 benchmark has been changed from S&P Sensex TRI to S&P BSE 200 TRI. As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR S&P BSE 200 index PRI Value from March 13, 2006 to July 31, 2006 and TRI Value since August 1, 2006.
- The Scheme is managed by Mr. Sorbh Gupta effective from Oct 01, 2016. For the performance of other schemes Managed by Mr. Sorbh Gupta, please click here
QUANTUM TAX SAVING FUND
An Open Ended Equity Linked Saving Scheme with a Statutory Lock in of 3 years and Tax Benefit
This product is suitable for investors who are seeking*
- Long term capital appreciation
- Invests primarily in equity and equity related securities of companies in S&P BSE 200 index and to save tax u/s 80 C of the Income Tax Act. Investments in this product are subject to lock in period of 3 years
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
RISKOMETER
Investors understand that their principal will be at Very High Risk
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.