Quantum ELSS Tax Saver Fund vs Quantum Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Quantum ELSS Tax Saver Fund is an ELSS fund and Quantum Value Fund is a Value and Contra fund. In the 3 years to 30-10-2026, Quantum ELSS Tax Saver Fund (Direct) returned 9.6% a year and Quantum Value Fund (Direct) returned 9.5% a year. Quantum ELSS Tax Saver Fund charges 0.95% a year and Quantum Value Fund 1.14% (Direct plans). Their portfolios overlap 94.4%: they hold 34 of the same securities.
Quantum ELSS Tax Saver Fund
ELSS
- 3 year return
- 9.6%
- Expense ratio
- 0.95%
- NAV
- ₹119.38
Quantum Value Fund
Value and Contra
- 3 year return
- 9.5%
- Expense ratio
- 1.14%
- NAV
- ₹119.47
Which is better, Quantum ELSS Tax Saver or Quantum Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quantum ELSS Tax Saver returned more over 5 years: 8.9% a year against 8.7%.
- Quantum ELSS Tax Saver returned more over 3 years: 9.6% a year against 9.5%.
- Quantum ELSS Tax Saver costs less: 0.95% a year against 1.14% (Direct plans).
- Quantum ELSS Tax Saver swung less over 3 years: a standard deviation of 12.2% a year against 12.3%.
- Quantum ELSS Tax Saver fell less in its worst fall since 31-12-2008: −39.6% against −40.0%.
- Quantum Value is the larger fund: ₹1,048 Cr against ₹196 Cr.
- Their portfolios overlap 94.4%: 34 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Quantum ELSS Tax Saver Fund | Quantum Value Fund |
|---|---|---|
| Fund house | Quantum Mutual Fund | Quantum Mutual Fund |
| Category | ELSS | Value and Contra |
| AUM | ₹196 Cr (30-09-2026) | ₹1,048 Cr (30-09-2026) |
| NAV | ₹119.38 (Direct) | ₹119.47 (Direct) |
| Expense ratio (Direct) | 0.95% | 1.14% |
| Expense ratio (Regular) | 2.16% | 2.17% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | BSE 500 TRI |
| Launch date | 23-12-2008 | 13-03-2006 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | 3 years | None |
| Fund managers | George Thomas, Christy Mathia, Ketan Gujarathi | George Thomas, Christy Mathia |
| Exit load | NIL | For units in excess of 10% of the investment, exit load of 2% if redeemed within 365 days, 1% if redeemed after 365 days but within 730 days. |
Quantum ELSS Tax Saver vs Quantum Value: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Quantum ELSS Tax Saver Fund (Direct) | +1.03% | −6.60% | −3.37% | −9.81% | +9.61% | +8.89% | +10.14% |
| Quantum Value Fund (Direct) | +1.07% | −6.65% | −3.40% | −10.00% | +9.52% | +8.72% | +10.02% |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | +13.05% |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 50 ELSS funds and the 30 Value and Contra funds, same plan type.
Quantum ELSS Tax Saver vs Quantum Value: Year-wise Returns
| Year | ELSS Tax SaverQuantum ELSS Tax Saver | ValueQuantum Value | BSE 500 TRI |
|---|---|---|---|
| 2026to date | −10.62% | −10.83% | −7.81% |
| 2025 | +4.76% | +4.63% | +7.63% |
| 2024 | +22.60% | +22.71% | +15.81% |
| 2023 | +27.60% | +27.61% | +26.55% |
| 2022 | +7.73% | +7.10% | +4.77% |
| 2021 | +25.14% | +25.53% | +31.63% |
Quantum ELSS Tax Saver vs Quantum Value: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 3,651 of them, one for each trading day from 02-01-2012 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Quantum ELSS Tax Saver Fund (Direct)
Quantum Value Fund (Direct)
BSE 500 TRI
to
Mar 2013Sept 2012
to
Sept 2015Mar 2015
to
Mar 2018Sept 2017
to
Sept 2020Apr 2020
to
Apr 2023Aug 2022
to
Aug 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Quantum ELSS Tax Saver | 4.1 | 6.8 | 11.9 | 30.3 | 28.2 | 14.5 | 4.1 | 14.0% | 14.3% | −10.5% | 34.7% | 51% |
| Quantum Value | 4.2 | 6.4 | 11.7 | 30.9 | 28.6 | 13.7 | 4.4 | 14.1% | 14.3% | −10.7% | 40.4% | 50% |
| BSE 500 TRI | 3.3 | 9.0 | 11.3 | 29.8 | 30.0 | 13.0 | 3.6 | 13.9% | 14.5% | −6.2% | 33.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 31-12-2008. Past returns do not promise future returns.
Quantum ELSS Tax Saver vs Quantum Value: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 31-12-2008 to 30-10-2026: 215 instalments, ₹21,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Quantum ELSS Tax SaverQuantum ELSS Tax Saver Fund (Direct) | ₹21,50,000 | ₹70,53,279 | ₹49,03,279 | 12.0% |
| Quantum ValueQuantum Value Fund (Direct) | ₹21,50,000 | ₹70,94,417 | ₹49,44,417 | 12.1% |
Quantum ELSS Tax SaverQuantum ELSS Tax Saver Fund (Direct)
Quantum ValueQuantum Value Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Quantum ELSS Tax Saver vs Quantum Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Quantum ELSS Tax Saver Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.81% | −10.00% |
| Standard deviation | 12.99% | 13.02% |
| Sharpe ratio | -1.16 | -1.17 |
| Sortino ratio | -1.53 | -1.54 |
| Maximum drawdown | −15.7% (30-03-2026) | −15.8% (30-03-2026) |
| Beta | 0.86 | 0.86 |
| Alpha | −3.97% | −4.15% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Quantum ELSS Tax Saver Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.61% | +9.52% |
| Standard deviation | 12.19% | 12.25% |
| Sharpe ratio | 0.29 | 0.29 |
| Sortino ratio | 0.41 | 0.40 |
| Maximum drawdown | −15.7% (30-03-2026) | −15.9% (30-03-2026) |
| Beta | 0.82 | 0.82 |
| Alpha | +0.43% | +0.32% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Quantum ELSS Tax Saver Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.89% | +8.72% |
| Standard deviation | 12.68% | 12.83% |
| Sharpe ratio | 0.24 | 0.23 |
| Sortino ratio | 0.34 | 0.31 |
| Maximum drawdown | −15.7% (30-03-2026) | −15.9% (30-03-2026) |
| Beta | 0.85 | 0.86 |
| Alpha | +0.68% | +0.47% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Quantum ELSS Tax Saver Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.67% | +10.67% |
| Standard deviation | 14.49% | 14.51% |
| Sharpe ratio | 0.30 | 0.30 |
| Sortino ratio | 0.42 | 0.41 |
| Maximum drawdown | −39.6% (23-03-2020) | −40.0% (23-03-2020) |
| Beta | 0.86 | 0.86 |
| Alpha | +0.26% | +0.26% |
From daily NAVs, 03-01-2011 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Quantum ELSS Tax Saver Fund (Direct)
Quantum Value Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Quantum ELSS Tax Saver Fund (Direct) | −39.6% | 03-06-2019 | 23-03-2020 | 24-11-2020 | 8 months | −11.7% |
| Quantum Value Fund (Direct) | −40.0% | 03-06-2019 | 23-03-2020 | 24-11-2020 | 8 months | −12.0% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 31-12-2008, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Quantum ELSS Tax Saver Fund (Direct)
Quantum Value Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Quantum ELSS Tax Saver Fund (Direct)
Quantum Value Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Quantum ELSS Tax Saver Fund (Direct)
Quantum Value Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Quantum ELSS Tax Saver Fund (Direct) | 87% | 77% | 5.97% |
| Quantum Value Fund (Direct) | 89% | 77% | 5.44% |
From month-end values since 31-12-2008. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Quantum ELSS Tax Saver vs Quantum Value: Portfolio Overlap
From each fund's latest monthly portfolio: Quantum ELSS Tax Saver Fund, September 2026; Quantum Value Fund, September 2026
Holdings in common
- Overlap
- 94.4%
- Held by both
- 34
- Only in Quantum ELSS Tax Saver
- 0
- Only in Quantum Value
- 0
| Security | % of Quantum ELSS Tax Saver | % of Quantum Value |
|---|---|---|
| HDFC Bank Ltd | 5.73% | 5.81% |
| ICICI Bank Ltd | 4.88% | 4.85% |
| Kotak Mahindra Bank Ltd | 4.71% | 4.53% |
| Tata Consultancy Services Ltd | 4.43% | 4.40% |
| Infosys Ltd | 3.99% | 4.12% |
| Exide Industries Ltd | 3.61% | 3.76% |
| Axis Bank Ltd | 3.48% | 3.49% |
| HDFC Life Insurance Company Ltd | 3.29% | 3.29% |
| Hero MotoCorp Ltd | 3.34% | 3.26% |
| Tech Mahindra Ltd | 3.21% | 3.53% |
| Nuvoco Vistas Corporation Ltd | 3.23% | 3.16% |
| Container Corporation of India Ltd | 3.10% | 3.11% |
| Bharti Airtel Ltd | 3.09% | 3.10% |
| ICICI Prudential Life Insurance Company Ltd | 3.02% | 3.10% |
| ICICI Lombard General Insurance Company Ltd | 3.04% | 2.94% |
| Star Health And Allied Insurance Company Ltd | 2.93% | 3.06% |
| Crompton Greaves Consumer Electricals Ltd | 2.99% | 2.91% |
| Dr. Reddy''s Laboratories Ltd | 2.91% | 2.89% |
| Cipla Ltd | 2.99% | 2.85% |
| GAIL (India) Ltd | 2.81% | 2.87% |
| LIC Housing Finance Ltd | 2.70% | 2.75% |
| State Bank of India | 2.85% | 2.54% |
| Wipro Ltd | 2.38% | 2.47% |
| Godrej Properties Ltd | 2.16% | 2.24% |
| Aditya Birla Sun Life AMC Ltd | 2.15% | 2.15% |
| Dabur India Ltd | 1.99% | 1.99% |
| IndusInd Bank Ltd | 1.97% | 1.95% |
| SBI Cards and Payment Services Ltd | 1.94% | 1.94% |
| CMS Info System Ltd | 1.84% | 1.83% |
| Bajaj Auto Ltd | 1.71% | 1.67% |
| Mahindra & Mahindra Ltd | 1.41% | 1.30% |
| Gujarat Energy Ltd | 1.21% | 1.16% |
| Tata Steel Ltd | 0.33% | 0.47% |
| GSPL Transmission Ltd | 0.24% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 94.4% means 94.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Quantum ELSS Tax Saver Fund
Every holding of this fund is also held by the other.
Largest holdings only in Quantum Value Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Quantum ELSS Tax Saver | Quantum Value |
|---|---|---|
| Equity | 95.7% | 95.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.3% | 4.3% |
Market cap of stocks
| Market cap | Quantum ELSS Tax Saver | Quantum Value |
|---|---|---|
| Large Cap | 51.3% | 51.3% |
| Mid Cap | 23.5% | 23.4% |
| Small Cap | 20.7% | 20.8% |
| Not on AMFI's list | 0.2% | 0.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Quantum ELSS Tax Saver | Quantum Value |
|---|---|---|
| Banks | 23.6% | 23.2% |
| IT - Software | 14.0% | 14.5% |
| Insurance | 12.3% | 12.4% |
| Automobiles | 6.5% | 6.2% |
| Pharmaceuticals & Biotechnology | 5.9% | 5.7% |
| Finance | 4.6% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Quantum ELSS Tax Saver vs Quantum Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Quantum ELSS Tax Saver Fund | Quantum Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.95% | 1.14% |
| Base expense ratio (Direct) | 0.76% | 0.92% |
| Total expense ratio (Regular) | 2.16% | 2.17% |
| Base expense ratio (Regular) | 1.78% | 1.79% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Quantum ELSS Tax Saver with
Quantum ELSS Tax Saver Fund vs Quantum Value Fund: Frequently Asked Questions
What is the difference between Quantum ELSS Tax Saver Fund and Quantum Value Fund?
Quantum ELSS Tax Saver Fund is an ELSS fund, Quantum Value Fund is a Value and Contra fund, run by Quantum Mutual Fund. Their portfolios overlap 94.4%. Quantum ELSS Tax Saver Fund charges 0.95% a year and Quantum Value Fund 1.14%.
Which has given higher returns, Quantum ELSS Tax Saver Fund or Quantum Value Fund?
Over 1 year: Quantum ELSS Tax Saver Fund −9.81%, Quantum Value Fund −10.00%. Over 3 years: Quantum ELSS Tax Saver Fund +9.61% a year, Quantum Value Fund +9.52% a year. Over 5 years: Quantum ELSS Tax Saver Fund +8.89% a year, Quantum Value Fund +8.72% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Quantum ELSS Tax Saver Fund or Quantum Value Fund?
Quantum ELSS Tax Saver Fund charges less: 0.95% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Quantum ELSS Tax Saver Fund and Quantum Value Fund overlap?
94.4%. They hold 34 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, Quantum ELSS Tax Saver Fund or Quantum Value Fund?
On SEBI's riskometer, Quantum ELSS Tax Saver Fund is rated Very High and Quantum Value Fund Very High. Over 3 years, the standard deviation of daily returns was 12.19% and 12.25% a year.
Which is better for SIP, Quantum ELSS Tax Saver Fund or Quantum Value Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,28,292 in Quantum ELSS Tax Saver Fund (XIRR 6.9% a year) and ₹7,25,862 in Quantum Value Fund (XIRR 6.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Quantum ELSS Tax Saver Fund and Quantum Value Fund?
Yes. 94.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Quantum ELSS Tax Saver Fund and Quantum Value Fund?
Quantum ELSS Tax Saver Fund: George Thomas, Christy Mathia, Ketan Gujarathi. Quantum Value Fund: George Thomas, Christy Mathia.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.