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Quantum ELSS Tax Saver Fund - Direct Plan IDCW
★★★★★ monitor_heart Health Score: 56/100 · AverageAxis Mutual Fund · Equity · ELSS
₹123.72
AUM: ₹31,869 Cr
NAV updated 9 days ago
Plan
Direct
Option
Idcw
Risk
High
Expense Ratio
1.05%
Exit Load
Nil
Fund Manager
Jinesh Gopani
Inception
Jan 2013
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-0.73
Std Dev (1Y)
12.84%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+2.89%
3m
+4.53%
6m
+1.08%
1y
+0.17%
3y
+10.93%
5y
+8.1%
10y
+12.56%
since inception
+15.55%
rate_review TopFund's Take on Quantum ELSS Tax Saver Fund - Direct Plan IDCW
Quantum ELSS Tax Saver Fund - Direct Plan IDCW sits in the middle of the pack for ELSS funds, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 56/100.
Cost: At 1.05%, the expense ratio is roughly in line with the ELSS category average of 1.0% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.73 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 12.84% is fairly typical for actively managed equity funds.
Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
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info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Quantum ELSS Tax Saver Fund - Direct Plan IDCW
The current NAV (Net Asset Value) of Quantum ELSS Tax Saver Fund - Direct Plan IDCW is ₹123.72. NAV is updated every business day after market close by AMFI.
1Y: 0.17% · 3Y CAGR: 10.93% · 5Y CAGR: 8.1%
The expense ratio is 1.05% per annum — the annual fee deducted from your investment to cover fund management costs.
Quantum ELSS Tax Saver Fund - Direct Plan IDCW is managed by Jinesh Gopani at Axis Mutual Fund.
Quantum ELSS Tax Saver Fund - Direct Plan IDCW is a High risk fund. Suitable for investors with a 3+ year horizon.
Quantum ELSS Tax Saver Fund - Direct Plan IDCW is a ELSS fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Quantum ELSS Tax Saver Fund - Direct Plan IDCW is ₹31,869 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.