Quant ELSS Tax Saver Fund-Growth
(Scheme Rating)
NAV as of Aug 30, 2024
403.95-0.13%
- Growth - Regular
(Earn upto 1.01% Extra Returns with Direct Plan)
Fund Category:
Equity: ELSS
Expense Ratio:
1.72%(1.94% Category
average)Fund Size:
Rs. 11,065.42 Cr(4.42% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Quant ELSS Tax Saver Fund-Growth
(Scheme Rating)
NAV as of Aug 30, 2024
403.95-0.13%
Expense Ratio:
1.72%
Fund Size:
Rs. 11,065.42 Cr
Fund Category:
Equity: ELSS
1. Current NAV: The Current Net Asset Value of the Quant ELSS Tax Saver Fund as of Aug 30, 2024 is Rs 403.95 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 52.9% (1yr), 26.34% (3yr), 35.92% (5yr) and 16.35% (since launch). Whereas, Category returns for the same time duration are: 41.97% (1yr), 19.87% (3yr) and 22.5% (5yr).
3. Fund Size: The Quant ELSS Tax Saver Fund currently holds Assets under Management worth of Rs 11065.42 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 1.73% for Regular plan as on Aug 20, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
Quant ELSS Tax Saver Fund-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -1.51 5.41 15.20 50.85 25.69 35.96 Category Avg 1.31 13.06 19.61 41.90 19.07 22.62 Rank within Category 38 38 33 6 2 1 No. of funds within Category 38 38 38 38 33 32 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
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Quant ELSS Tax Saver Fund-Growth Fund Details
Investment Objective - The scheme aims to generate capital appreciation by investing predominantly in equity shares with growth potential. The secondary objective is to give dividend and other income.
Fund House | Quant Mutual Fund |
Launch Date | Apr 01, 2000 |
Benchmark | NIFTY 500 Total Return Index |
Return Since Launch | 16.35% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Above Average |
Return Grade | High |
Quant ELSS Tax Saver Fund-Growth Investment Details
Minimum Investment (Rs.) | 500.00 |
Minimum Additional Investment (Rs.) | 500.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 1.00 |
Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 32 | 47 | 41 | 40 | 44 | 40 |
Top 5 Company Holdings | 44.23% | 39.65% | 37.35% | 33.13% | 33.89% | 32.65% |
Top 10 Company Holdings | 68.81% | 59.62% | 57.51% | 53.67% | 54.71% | 53.71% |
Company with Highest Exposure | Adani Power (9.35%) | HDFC Bank (10.25%) | Reliance Industries (9.51%) | Reliance Industries (9.53%) | Reliance Industries (9.77%) | Reliance Industries (9.84%) |
Number of Sectors | 13 | 14 | 14 | 14 | 14 | 14 |
Top 3 Sector Holdings | 54.16% | 57.87% | 59.35% | 59.79% | 57.0% | 54.84% |
Top 5 Sector Holdings | 72.25% | 72.37% | 72.16% | 70.72% | 70.9% | 66.14% |
Sector with Highest Exposure | Energy (22.46%) | Financial (26.23%) | Financial (24.01%) | Energy (26.71%) | Energy (24.17%) | Energy (23.45%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Adani Power Energy 9.35 15.25 41.44 93.66 Reliance Industries Energy 9.32 29.72 101.60 25.68 HDFC Bank Financial 8.92 18.27 89.60 3.03 Samvardhana Motherson Automobile 8.9 42.56 4.59 101.85 JIO Financial Financial 7.74 - - - Life Insurance Insurance 7.22 16.09 66.13 63.96 Aurobindo Pharma Healthcare 5.47 26.11 60.10 88.60 Britannia Industries Consumer Staples 4.32 64.46 90.83 28.71 ITC Consumer Staples 3.98 30.65 16.38 14.77 Tata Power Company Energy 3.59 37.59 11.56 74.52
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Quant ELSS Tax Saver Fund-Growth 403.95 11,065.42 -1.51 50.85 25.69 35.96 SBI Long Term Equity Fund Regular -Growth 448.27 27,527.24 0.76 57.48 27.72 27.69 Parag Parikh ELSS Tax Saver Fund Regular - Growth 30.61 4,016.58 1.24 36.94 20.50 24.87 Bank of India ELSS Tax Saver Fund Regular-Growth 176.19 1,484.56 -0.50 53.84 21.05 29.26 Motilal Oswal ELSS Tax Saver Fund Regular-Growth 52.06 3,835.43 3.96 62.20 24.27 25.61
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
15.64VS13.17Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.97VS0.90Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.18VS1.12Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
18.98VS16.59Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
4.26VS1.63Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
24.00VS20.24Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- V.S.Vasav SahgalSince Apr 202222 schemes
- A.A.Ankit A PandeSince May 202023 schemes
B.Com. and CFA Prior to joining Quant Mutual Fund, he has worked with Eqestar capital as Equity Research Analyst.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Quant Large and Mid Cap Fund-Growth Large & MidCap 129.76 3,572.83 59.60 Quant Mid Cap Fund-Growth Mid Cap 245.41 9,282.92 56.95 Quant Absolute Fund-Growth Aggressive Hybrid 439.42 2,295.21 36.96 Quant Focused Fund-Growth Large Cap 93.93 1,115.99 47.14 Quant Multi Asset Fund-Growth Multi Asset Allocation 133.51 2,605.27 42.53 Quant Small Cap Fund-Growth Small Cap 277.55 24,529.77 55.06 Quant Infrastructure Fund-Growth Sectoral-Infrastructure 42.50 4,103.61 68.05 Quant PSU Fund Regular - Growth Thematic-PSU 12.48 Unrated 1,065.78 - Quant Consumption Fund Regular - Growth Thematic-Consumption 11.73 Unrated 327.40 - Quant Commodities Fund Regular - Growth Thematic 14.45 Unrated 446.58 - Quant Momentum Fund Regular - Growth Thematic 16.03 Unrated 2,313.13 - Quant Teck Fund Regular - Growth Sectoral-Technology 13.98 Unrated 452.65 - Quant Manufacturing Fund Regular - Growth Thematic 17.39 Unrated 1,014.28 68.68 Quant Healthcare Fund Regular - Growth Sectoral-Pharma 16.97 Unrated 348.91 61.49 Quant BFSI Fund Regular - Growth Sectoral-Banking 17.23 Unrated 653.45 51.56 Quant Business Cycle Fund Regular-Growth Thematic 18.84 Unrated 1,509.10 63.83 Quant Dynamic Asset Allocation Fund Regular - Growth Dynamic Asset Allocation 17.47 Unrated 1,334.25 56.89 Quant Active Fund-Growth Multi Cap 720.01 Unrated 11,249.35 45.14 Quant Flexi Cap Fund-Growth Flexi Cap 109.02 Unrated 7,435.74 56.52 Quant Quantamental Fund Regular - Growth Thematic 25.21 Unrated 2,673.51 56.60 Quant Value Fund Regular - Growth Value Oriented 21.87 Unrated 2,086.60 70.63 Quant ESG Equity Fund Regular - Growth Thematic-ESG 37.49 Unrated 314.71 53.29 Mr. Pande has done CFA and MBA Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Quant Large and Mid Cap Fund-Growth Large & MidCap 129.76 3,572.83 59.60 Quant Focused Fund-Growth Large Cap 93.93 1,115.99 47.14 Quant Mid Cap Fund-Growth Mid Cap 245.41 9,282.92 56.95 Quant Absolute Fund-Growth Aggressive Hybrid 439.42 2,295.21 36.96 Quant Multi Asset Fund-Growth Multi Asset Allocation 133.51 2,605.27 42.53 Quant Infrastructure Fund-Growth Sectoral-Infrastructure 42.50 4,103.61 68.05 Quant Small Cap Fund-Growth Small Cap 277.55 24,529.77 55.06 Quant PSU Fund Regular - Growth Thematic-PSU 12.48 Unrated 1,065.78 - Quant Consumption Fund Regular - Growth Thematic-Consumption 11.73 Unrated 327.40 - Quant Commodities Fund Regular - Growth Thematic 14.45 Unrated 446.58 - Quant Momentum Fund Regular - Growth Thematic 16.03 Unrated 2,313.13 - Quant Teck Fund Regular - Growth Sectoral-Technology 13.98 Unrated 452.65 - Quant Manufacturing Fund Regular - Growth Thematic 17.39 Unrated 1,014.28 68.68 Quant Healthcare Fund Regular - Growth Sectoral-Pharma 16.97 Unrated 348.91 61.49 Quant BFSI Fund Regular - Growth Sectoral-Banking 17.23 Unrated 653.45 51.56 Quant Business Cycle Fund Regular-Growth Thematic 18.84 Unrated 1,509.10 63.83 Quant Dynamic Asset Allocation Fund Regular - Growth Dynamic Asset Allocation 17.47 Unrated 1,334.25 56.89 Quant Large Cap Fund Regular - Growth Large Cap 15.87 Unrated 1,894.62 46.82 Quant Value Fund Regular - Growth Value Oriented 21.87 Unrated 2,086.60 70.63 Quant Quantamental Fund Regular - Growth Thematic 25.21 Unrated 2,673.51 56.60 Quant ESG Equity Fund Regular - Growth Thematic-ESG 37.49 Unrated 314.71 53.29 Quant Flexi Cap Fund-Growth Flexi Cap 109.02 Unrated 7,435.74 56.52 Quant Active Fund-Growth Multi Cap 720.01 Unrated 11,249.35 45.14
More Quant Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Quant Small Cap Fund-Growth | 21,242.79 | 6.79 | 18.80 | 28.08 | 66.07 | 34.35 | |
Quant Active Fund-Growth | 10,204.01 | 6.03 | 17.24 | 26.66 | 53.38 | 26.17 | |
Quant ELSS Tax Saver Fund-Growth | 9,860.39 | 5.80 | 15.96 | 26.81 | 58.95 | 27.85 | |
Quant Mid Cap Fund-Growth | 7,952.99 | 5.50 | 19.82 | 34.27 | 73.75 | 33.92 | |
Quant Flexi Cap Fund-Growth | 6,272.21 | 6.81 | 16.03 | 30.00 | 60.94 | 28.00 | |
Quant Infrastructure Fund-Growth | 3,564.61 | 5.76 | 18.02 | 38.76 | 80.30 | 37.02 | |
Quant Large and Mid Cap Fund-Growth | 2,954.58 | 5.95 | 17.32 | 31.41 | 67.55 | 30.13 | |
Quant Liquid Fund-Growth | 2,625.41 | 0.58 | 1.73 | 3.52 | 6.94 | 5.57 | |
Quant Quantamental Fund Regular - Growth | 2,408.60 | 4.99 | 15.90 | 30.90 | 62.81 | 33.36 | |
Quant Multi Asset Fund-Growth | 2,400.49 | 2.81 | 11.39 | 25.22 | 48.97 | 24.88 |
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1. Quant ELSS Tax Saver Fund is Open-ended ELSS Equity scheme which belongs to Quant Mutual Fund House.
2. The fund was launched on Apr 01, 2000.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to generate capital appreciation by investing predominantly in equity shares with growth potential. The secondary objective is to give dividend and other income. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.02% in equities, 0.0% in debts and 4.98% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 68.81% of the assets, the top 3 sectors constitute around 54.16% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Quant ELSS Tax Saver Fund-Growth
1. Short-term Capital Gain Tax - STCG is not applicable on ELSS schemes since these have a lock-in period of 3 years.
2. Investment into ELSS schemes qualify for tax deduction under Section 80C of the Indian Income Tax Act.
3. Gains of more than Rs. 1 lakh after completion of 3 years will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Quant ELSS Tax Saver Fund-Growth
- Is it safe to invest in Quant ELSS Tax Saver Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the Quant ELSS Tax Saver Fund comes under Very High risk category.
- What is the category of Quant ELSS Tax Saver Fund?Quant ELSS Tax Saver Fund belongs to the Equity : ELSS category of funds.
- How Long should I Invest in Quant ELSS Tax Saver Fund?The suggested investment horizon of investing into Quant ELSS Tax Saver Fund is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Quant ELSS Tax Saver Fund?The Quant ELSS Tax Saver Fund is managed by Vasav Sahgal (Since Apr 05, 2022) and Ankit A Pande (Since May 11, 2020).
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