EquityELSSRegularIDCWVery High

Quantum ELSS Tax Saver Fund

Q: What is the NAV of Quantum ELSS Tax Saver Fund?

As of 05 Oct 2026, the NAV of Quantum ELSS Tax Saver Fund is ₹109.53 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Quantum ELSS Tax Saver Fund delivered?

Quantum ELSS Tax Saver Fund has returned -10.78% over 1 year, +6.96% per year over 3 years, +7.35% per year over 5 years and +9.06% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund charges an expense ratio of 2.16% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund's largest holdings are HDFC Bank Ltd (5.4%), ICICI Bank Ltd (5.0%), Tata Consultancy Services Ltd (4.8%), Kotak Mahindra Bank Ltd (4.4%) and Infosys Ltd (4.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.3% and its worst peak-to-trough fall in our sample was -39.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Quantum ELSS Tax Saver Fund's 0.04 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund is managed by Christy Mathai, George Thomas and Ketan Gujarathi at Quantum.

Q: How is Quantum ELSS Tax Saver Fund taxed?

Quantum ELSS Tax Saver Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Quantum Mutual Fund · Best ELSS (Tax Saving) Mutual Funds

NAV

₹109.53

+0.23% 1D

as of 05 Oct 2026

This is the Regular plan of Quantum ELSS Tax Saver Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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Performance

-11.23%absolute

52-week rangePrev NAV ₹109.28

Latest ₹109.53

Low ₹107.1712th percentile of its 52-week rangeHigh ₹127.43

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.

Performance—

Not enough ELSS peers to rank yet

Risk—

Volatility 12.3% (no category average yet)

Cost—

2.2% expense (no category average yet)

ConsistencyModerate

90% of rolling 3Y windows were positive

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.16%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

17.67

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.04

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

3 yrs

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

BSE 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

01 Apr 2017

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.22%

Absolute return over the last 3 months (not annualized)

-6.83%

Absolute return over the last 6 months (not annualized)

+0.05%

Absolute return since 1 Jan of this year (not annualized)

-12.99%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-10.78%

3-year annualized return (CAGR)

+6.96%

5-year annualized return (CAGR)

+7.35%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+9.06%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.31%

Excess return per unit of total volatility (rf = 6.5%)

0.04

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.05

Largest peak-to-trough decline over full history

-39.87%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-2.33%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.85

How much of the fund's movement Nifty 500 TRI explains

92.0%

Excess return per unit of beta (market risk)

0.37

Active return over the benchmark per unit of tracking error

-0.63

Annualized std dev of fund-minus-benchmark returns

4.58%

Fund's share of benchmark gains in up months (100 = matches index)

79.4%

Fund's share of benchmark losses in down months (lower is better)

84.8%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (ELSS)

Period	Fund	Category avg.	Diff
1M abs	-6.22%	—	—
3M abs	-6.83%	—	—
6M abs	+0.05%	—	—
1Y CAGR	-10.78%	—	—
3Y CAGR	+6.96%	—	—
5Y CAGR	+7.35%	—	—

Category average across peers in ELSS, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.76L

Absolute

+12.65%

XIRR

+4.86%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Quantum ELSS Tax Saver Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-12.99%	-7.18%	-5.81%
2025	+2.87%	+7.94%	-5.07%
2024	+21.24%	+16.43%	+4.81%
2023	+26.64%	+27.43%	-0.79%
2022	+7.21%	+4.34%	+2.87%
2021	+24.56%	+31.59%	-7.03%
2020	+13.03%	+18.33%	-5.30%
2019	-1.35%	+8.95%	-10.30%
2018	+0.19%	-2.33%	+2.52%
2017part	+11.29%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

2,344

Expense ratio

2.16%

AUM

₹207.65Cr

Portfolio turnover

18%

Exit load

NIL

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

17.7

P/B ratio

2.8

Avg market cap

₹3,20,825Cr

P/E & P/B are portfolio-weighted harmonic means across 28 of 33 equity holdings (83% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · ELSS

Compare all


Quantum ELSS Tax Saver FundThis fund Quantum · Regular · IDCW	—	-10.78%	+6.96%	+7.35%	—	2.16%	₹207.65Cr
SBI Long Term Advantage Fund - Series V SBI · Regular · IDCW	—	-1.21%	+19.11%	+13.79%	—	1.38%	₹345.73Cr
Bank of India Mid Cap Tax Fund Series 1 Bank of India · Regular · IDCW	—	+8.41%	+14.33%	+10.89%	—	1.38%	₹62.74Cr
JM ELSS - Tax Saver Fund JM Financial · Regular · IDCW	—	+3.76%	+14.32%	+11.79%	—	2.68%	₹220.95Cr
Quant ELSS Tax Saver Fund quant · Regular · IDCW	—	+8.06%	+13.55%	+12.76%	—	2.16%	₹12,619Cr
Bank of India Mid Cap Tax Fund Series 2 Bank of India · Regular · IDCW	—	+4.25%	+13.32%	+10.02%	—	1.41%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap54.9%
Mid cap27.1%
Small cap18.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity93.82%
Cash & Equivalents6.18%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Quantum Value Fund Quantum · Value Fund	98.6%	★★☆☆☆	1.14%	+8.46%
Quantum Multi Asset Allocation Fund Quantum · Multi Asset Allocation	73.7% of 51% equity	★★☆☆☆	0.45%	—
Bandhan Value Fund Bandhan · Value Fund	40.3%	★★★☆☆	0.95%	+9.61%
UTI Value Fund UTI · Value Fund	39.8%	★★☆☆☆	1.35%	+10.97%
UTI Conservative Hybrid Fund UTI · Conservative Hybrid Fund	39.7% of 25% equity	★★☆☆☆	1.25%	+7.42%
UTI - Dividend Yield Fund UTI · Dividend Yield Fund	39.6%	★★★☆☆	1.54%	+11.61%
BANDHAN ELSS - Tax Saver Fund Bandhan · ELSS	38.7%	★★★☆☆	0.93%	+8.82%
ICICI Prudential India Opportunities Fund ICICI Prudential · Sectoral/ Thematic	38.6%	★★★★★	0.92%	+12.84%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-39.9%03 Jun 2019 → 23 Mar 2020
Fell over 10 months, back to the old high on 27 Nov 2020 — 8 months under water after the low.
-17.6%26 Sep 2024 → 31 Mar 2026
Still below that high — 1.5 years down, and no recovery yet.
-16.0%18 Oct 2021 → 20 Jun 2022
Fell over 8 months, back to the old high on 11 Nov 2022 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹207.65Cr

April - June 2026

-4%

since January - March 2026

+₹3.63Cr

est. net flow, last quarter

At or near its largest, ₹216.48Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Quantum Mutual Fund is sponsored by Quantum Advisors and opened in 2006 as India's first direct-to-investor fund house, selling without distributors. It has stayed small, with a value-oriented, low-churn approach.

Launched

18 Sep 2005

Total AUM

₹3,322Cr+4.3% QoQ

Avg AUM · July - September 2026

Website

quantumamc.com

Fund Managers

CMChristy MathaiManaging since 23 Nov 2022

Role

Fund Manager – Equity

Education

PGDM- Finance (Post Graduate Management) Bachelor of Engineering CFA Charterholder

Funds managed (1)

Quantum Value Fund

All schemes Christy Mathai runs →

GTGeorge ThomasManaging since 01 Apr 2022

Role

Fund Manager – Equity

Education

PGDBM (Finance) B-Tech (Bachelor of Technology)

Funds managed (1)

Quantum Value Fund

All schemes George Thomas runs →

KGKetan GujarathiManaging since 01 Feb 2025

Education

B.E., MBA, CFA.

Experience

Mr. Ketan Gujarathi has around 14 - years of experience in Research including 12 years in Equity Research across multiple sectors. Prior to joining Quantum AMC, he was associated with Quantum Advisors Private Limited, The Alchemist Ark Private Limited, HDFC Bank Limited and CRISIL Limited.

Funds managed (1)

Quantum Flexi Cap Fund

All schemes Ketan Gujarathi runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Christy Mathai George Thomas Ketan Gujarathi

Top holdings

HDFC Bank Ltd ICICI Bank Ltd Tata Consultancy Services Ltd Kotak Mahindra Bank Ltd Infosys Ltd Exide Industries Ltd Axis Bank Ltd Container Corporation of India Ltd ICICI Prudential Life Insurance Company Ltd Hero MotoCorp Ltd HDFC Life Insurance Company Ltd Tech Mahindra Ltd

Quantum in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About ELSS (tax-saving) funds

ELSS funds are equity funds that qualify for a Section 80C deduction (up to ₹1.5 lakh a year) under the old tax regime. They carry a 3-year lock-in — the shortest of any 80C option.

Frequently asked questions

What is the NAV of Quantum ELSS Tax Saver Fund?

As of 05 Oct 2026, the NAV of Quantum ELSS Tax Saver Fund is ₹109.53 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Quantum ELSS Tax Saver Fund delivered?

Quantum ELSS Tax Saver Fund has returned -10.78% over 1 year, +6.96% per year over 3 years, +7.35% per year over 5 years and +9.06% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund charges an expense ratio of 2.16% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund's largest holdings are HDFC Bank Ltd (5.4%), ICICI Bank Ltd (5.0%), Tata Consultancy Services Ltd (4.8%), Kotak Mahindra Bank Ltd (4.4%) and Infosys Ltd (4.3%). Holdings are disclosed monthly and change over time.

How risky is Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.3% and its worst peak-to-trough fall in our sample was -39.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Quantum ELSS Tax Saver Fund's 0.04 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages Quantum ELSS Tax Saver Fund?

Quantum ELSS Tax Saver Fund is managed by Christy Mathai, George Thomas and Ketan Gujarathi at Quantum.

How is Quantum ELSS Tax Saver Fund taxed?

Quantum ELSS Tax Saver Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.