(BLUE) investors understand that their principal will be at low risk
(YELLOW) investors understand that their principal will be at medium risk
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Tax Saving Plans After Budget?
Posted On Monday, Jul 21, 2014
Yes, while the new government decided to give you some tax relief. It is your turn to decide where to invest to get tax benefit.
Quantum Tax Saving Fund - QTSF* is an open ended equity linked savings scheme or ELSS having 3 years lock in period. Investors looking to invest in equity for minimum of 3 years with high risk appetite and avail tax benefits with the same can invest in Quantum Tax Saving Fund.
3 reasons why you should invest in Quantum Tax Saving Fund - QTSF?
• QTSF follows disciplined research and investment process
• QTSF consists of a well balanced portfolio - typically 25 to 40 stocks, across various sectors.
• QTSF helps to reduce churning (frequent buying and selling) of portfolio. It has Lock in period of 3 years which helps to reduce portfolio churn as the fund manager does not need to re-adjust the portfolio to meet frequent redemptions.
Quick facts about Quantum Tax Saving Fund  |
| Expense Ratio 1.25% (As on June 30, 2014) | ||
| Category: ELSS |  | Average AUM: Rs. 22.17 crore (As on June 30, 2014) |
Product Label: High Risk  (BROWN) | Benchmark: S&P BSE 30 Total Return Index | |
| Date of Inception: December 23, 2008. | Exit Load: NIL | |
| Minimum investment: 500 | Tax benefits: Investments in the Quantum Tax Saving Fund are eligible for tax benefits under section 80C of the Income Tax Act, 1961. |
How has the fund performed earlier?
If you would have invested Rs. 10,000 in QTSF since inception of the scheme (December 23, 2008), you would have Rs. 34, 680 as on June 30, 2014.
| Performance as on June 30, 2014 Quantum Tax Saving Fund | |||||
| June 28, 2013 to June 30, 2014 | June 29, 2012 to June 28, 2013 | June 30, 2011 to June 29, 2012 | Since Inception** | ||
| Absolute Returns (%) | Absolute Returns (%) | Absolute Returns (%) | CAGR Returns (%) | Current value of standard investment of Rs.10,000/-(INR) | |
| Quantum Tax Saving Fund (Growth Option) | 44.34% | 9.64% | 0.19% | 25.25% | 34,680 |
| Scheme Benchmark - (S&P BSE 30 TRI) | 32.87% | 13.15% | -6.01% | 20.86% | 28,477 |
| Additional Benchmark - (S&P BSE Sensex) | 31.03% | 11.28% | -7.51% | 19.08% | 26,236 |
^Quantitative data as on 30 June, 2014 Standard Deviation: 15.66% Beta: 0.65 Sharpe Ratio: 1.79
Past Performance may or may not be sustained in the future and may not necessarily provide a basis for comparison with other investments.
**Date of Inception - December 23, 2008. Since inception returns are calculated on NAV of Rs.10 invested at inception.
Mr. Atul Kumar who is the Fund Manager for Quantum Tax Saving Fund also manages Quantum Long Term Equity Fund, performance of which is given below.
| Performance as on June 30, 2014 Quantum Long Term Equity Fund | |||||
| June 28, 2013 to June 30, 2014 | June 29, 2012 to June 28, 2013 | June 30, 2011 to June 29, 2012 | Since Inception** | ||
| Absolute Returns (%) | Absolute Returns (%) | Absolute Returns (%) | CAGR Returns (%) | Current value of standard investment of Rs.10,000/-(INR) | |
| Quantum Long Term Equity Fund (Growth Option) | 44.50% | 9.76% | 0.05% | 16.32% | 35,100 |
| Scheme Benchmark - (S&P BSE 30 TRI) | 32.87% | 13.15% | -6.01% | 12.47% | 26,546 |
| Additional Benchmark - (S&P BSE Sensex) | 31.03% | 11.28% | -7.51% | 10.85% | 23,523 |
^Quantitative data as on 30 June, 2014 Standard Deviation: 19.84% Beta: 0.69 Sharpe Ratio: 0.90
**Date of Inception - March 13, 2006. Since inception returns are calculated on NAV of Rs.10 invested at inception.
^ Please refer below for Definitions.
*Product Labeling | |||||||
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk is represented as:
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Disclaimer, Statutory Details & Risk Factors:
The views expressed here in this article are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The article has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of this article should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. Please visit – www.quantumamc.com/disclaimer to read scheme specific risk factors.
The views expressed here in this article are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The article has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of this article should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. Please visit – www.quantumamc.com/disclaimer to read scheme specific risk factors.
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