QUANTUM Tax Saver Fund * Return since Launch: 4.60% Invest Now

Quantum Tax Saving Fund Overview

Quantum Tax Saving Fund is an ELSS Fund. The launched date of the fund is 1st April 2017. Quantum Tax Saving Fund is managed by Mr. Atul Kumar and Mr. Sorbh Gupta. The exit load is zero for Quantum Tax Saving Fund. The benchmark of Quantum Tax Saving Fund is S&P BSE Sensex TRI. The AUM of Quantum Tax Saving Fund is Rs. 80 cr. (as on 30th April 2019). The risk of this fund is moderately high as this fund invests in equity. With the help of this fund you can save tax under section 80C up to Rs. 1.5lakh. Quantum Tax Saving Fund has 86.13% investment in Indian stocks of which 71.54% is in large cap stocks, 12.9% is in mid cap stocks, 1.67% in small cap stocks. Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

Eligibility criteria of Quantum Tax Saving Fund

  • Adult citizens residing in India.
  • Minor through legal guardians/parents.
  • Limited liability partnership.
  • Religious and charitable trusts.
  • Banking and financial institutions
  • Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
  • The Karta of Hindu Undivided Family (HUF)
  • Persons of Indian origin residing abroad (PIOs) or Non-Resident Indians can apply for subscription either on repatriation basis or on non-repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
  • Foreign Institutional Investors (FIIs) who have registration under the Securities and Exchange Board of India on repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
  • Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
  • Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations.

Documents required for Quantum Tax Saving Fund

KYC Documents:

  • PAN Card
  • Adhaar Card
  • Voter’s ID
  • Passport Size Photo
  • Download the KYC form
  • The investors will be issued an acknowledgement receipt which he/she needs to submit while applying for subscribing for a mutual fund scheme.

Advantages of Quantum Tax Saving Fund

  • Small investment option.
  • Well organized investment.
  • Quick purchase and sell option.
  • You can track your investment.
  • You can invest in either SIP or lump sum way.
  • Quantum Tax Saving Fund is managed by experienced professionals.
  • Quantum Tax Saving Fund gives tax benefit under section 80C the maximum amount is Rs. 1.5lakh.
  • All Mutual Fund Companies are regulated by SEBI so no one will fly away with your hard earned money.
*Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns.