Quant ELSS Tax Saver Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 452.0472
NAV IDCW: Rs 60.2607
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route.
Suitable For Which Investors?
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 Manager:
1) Vasav Sahgal
Education: B.Com. and CFA
Experience: Prior to joining Quant Mutual Fund, he has worked with Eqestar capital as Equity Research Analyst.
2) Ankit A Pande
Education : Mr. Pande has done CFA and MBA
Experience : Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.
Investment Details
Min. Investment (Rs) | 500 |
Min. Addl Investment (Rs) | 500 |
Min. SIP Investment (Rs) | 500 |
Min. Withdrawal (Rs) | 1 |
Min. No of Cheques | 6 |
Min. Balance (Rs) | — |
Lock-in Period | 3 Years |
Exit Load | 0 |
Basic Details of Quant ELSS Tax Saver Fund
Fund House | Quant Mutual Fund |
Launch Date | 01-Jan-13 |
Return Since Launch | 23.28% |
Benchmark | NIFTY 500 TRI |
Riskometer | Very High |
Type | Open-ended |
Assets | Rs 11,125 Cr |
(As on 31-Aug-2024) | |
Expense | 0.65% |
(As on 31-Aug-2024) | |
Risk Grade | Above Average |
Return Grade | High |
Turnover | — |
Trailing Returns (%) of Quant ELSS Tax Saver Fund
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
Quant ELSS Tax Saver Dir | 27.11 | -0.01 | 3.56 | 3.82 | 22.60 | 46.79 | 26.30 | 38.18 | 25.47 | 24.48 |
BSE 500 TRI | 24.04 | 0.10 | 5.38 | 8.72 | 22.43 | 37.51 | 18.42 | 22.85 | 16.62 | 15.15 |
Equity: ELSS | 26.72 | 0.20 | 5.87 | 9.42 | 24.80 | 40.86 | 20.04 | 23.94 | 17.04 | 16.13 |
Rank within category | 15 | 34 | 38 | 37 | 26 | 8 | 3 | 1 | 1 | 1 |
Number of funds in category | 39 | 39 | 39 | 39 | 39 | 38 | 33 | 32 | 29 | 25 |
Peer Comparison
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
Quant ELSS Tax Saver Dir | 5 star | 46.79 | 26.30 | 38.18 | 0.65 | 11,125 | 23.28 | — | 11Y 8M | 162.00 |
SBI Long Term Equity Dir | 5 star | 54.11 | 28.13 | 28.26 | 0.95 | 28,000 | 18.26 | — | 11Y 8M | 22.00 |
DSP ELSS Tax Saver Dir | 4 star | 47.82 | 21.70 | 25.88 | 0.69 | 17,488 | 19.67 | — | 11Y 8M | 40.00 |
HDFC ELSS Tax Saver Dir | 4 star | 45.20 | 25.44 | 24.10 | 1.09 | 16,422 | 16.66 | — | 11Y 8M | 40.09 |
Bandhan ELSS Tax Saver Dir | 4 star | 33.31 | 21.23 | 26.45 | 0.63 | 7,235 | 19.57 | — | 11Y 8M | 30.00 |
Portfolio Analysis of Quant ELSS Tax Saver Fund
No. of Stocks | 26 |
Top 10 Stocks | 63.60% |
Top 5 Stocks | 40.44% |
Top 3 Sectors | 45.58% |
Portfolio P/B Ratio | 3.85 |
Portfolio P/E Ratio | 32.13 |
Portfolio Breakup
Fund | Category | |
Average Mkt Cap (Rs Cr) | 2,47,804 | 1,88,805 |
Giant (%) | 57.75 | 51.45 |
Large (%) | 36.04 | 19.68 |
Mid (%) | 5.58 | 23.44 |
Small (%) | 0.63 | 7.03 |
Tiny (%) | — | 0.26 |
Chanakya’s Mutual Fund Guidance For Quant ELSS Tax Saver Fund
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