Historical NAV & returns
NAV: ₹415.7055 as on May 17, 2024
This fund Category average
Loading...
This fund Category average
ET Money rank in ELSS
#8
of 34 funds
Consistency of returns
- 5.0
- Excellent
Protection from volatility
- 1.0
- Very Poor
Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst ELSS funds in the last 10 Years.
Chance: This fund has generated a 20.45% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Fund overview
VRO rating | 5 |
Expense ratio | 0.77%as on Apr 30, 2024 |
Exit load | 0% |
AUM (Fund size) | ₹9,361 Crs |
Lock-in | 3 Years |
Age | 11 yrs 4 m since Jan 01, 2013 |
Benchmark | NIFTY 500 TRI |
Min. investment | SIP ₹500 & Lump. ₹500 |
Risk | Very High |
Short term capital gains (STCG) | Returns taxed at 15% if you redeem before 1 year |
Long term capital gains (LTCG) | After 1 year, pay tax of 10% on returns of ₹1 lakh+ in a financial year |
Returns calculator
Investment type
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
- Total investment ₹ 12 lakh
- Profit ₹12 lakhs
- Total corpus ₹1 lakh
- Absolute return 52.69%
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Trailing returns as on May 20, 2024
Period | This fund | Category average |
---|---|---|
1 month | 2.25% | 3.210645161290322% |
3 months | 7.28% | 5.9490322580645145% |
6 months | 32.22% | 21.271290322580647% |
1 year | 60.83% | 39.998387096774195% |
3 years | 28.96% | 21.101724137931033% |
5 years | 34.66% | 19.67571428571429% |
10 years | 25.98% | 16.748260869565218% |
Asset allocationas on Apr 30, 2024
Large Cap 67.55854253741421%
Mid Cap 15.185869730295767%
Small Cap 12.30130792179461%
Other Cap 9.504579557816419E-9%
Top holdings
Reliance Industries Ltd.9.53%
Adani Power Ltd.7.58%
JIO Financial Services Ltd.6.29%
Hindalco Industries Ltd.5.01%
Top sectors
Energy 26.72%
Financial 18.029999999999998%
Metals & Mining 15.05%
Technology 5.71%
Credit quality
Bifurcation by Credit Quality is not available for this fund
Top Debt Holdings
Bifurcation by Holding is not available for this fund
Allocation by Instruments
Net Current Assets 2.91661859%
Repo 2.03766123%
Other Holdings
Others 2.04%
Peer comparison
Fund name | ETM Rank | AUM (in Crs.) | Fund age | Expense ratio |
---|---|---|---|---|
PGIM India ELSS Tax Saver Fund | #1 | ₹683 Crs | 8 yrs 7 m | 0.78% |
HDFC ELSS Tax Saver Fund | #2 | ₹14,475 Crs | 11 yrs 4 m | 1.13% |
Mahindra Manulife ELSS Tax Saver Fund | #3 | ₹858 Crs | 7 yrs 8 m | 0.6% |
Bank of India ELSS Tax Saver Fund | #4 | ₹1,298 Crs | 11 yrs 4 m | 0.99% |
SBI Long Term Equity Fund | #5 | ₹23,412 Crs | 11 yrs 4 m | 0.96% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
PGIM India ELSS Tax Saver Fund | 1.44% | 12.32% | 22.99% | 17.42% | 17.93% | 13.19% |
HDFC ELSS Tax Saver Fund | 3.74% | 24.53% | 46.28% | 27.5% | 18.96% | 14.76% |
Mahindra Manulife ELSS Tax Saver Fund | 2.75% | 17.96% | 33.7% | 20.99% | 19.4% | 11.57% |
Bank of India ELSS Tax Saver Fund | 3.7% | 29.82% | 57.05% | 26.0% | 27.29% | 19.88% |
SBI Long Term Equity Fund | 3.64% | 32.02% | 59.32% | 28.47% | 23.23% | 17.31% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
PGIM India ELSS Tax Saver Fund | 11.72 | 0.83 | 1.13 | 2.0 |
HDFC ELSS Tax Saver Fund | 11.76 | 0.86 | 1.73 | 2.99 |
Mahindra Manulife ELSS Tax Saver Fund | 12.9 | 0.94 | 1.22 | 2.33 |
Bank of India ELSS Tax Saver Fund | 14.35 | 0.98 | 1.34 | 2.39 |
SBI Long Term Equity Fund | 13.4 | 0.95 | 1.63 | 2.75 |
View all Elss funds
Key risk & return ratios Compared to other funds in the category
Alpha | 8.99vs.8.004737 Higher outperformance against benchmark |
Sharpe | 1.45vs.8.869938 Poor risk-adjusted returns |
Beta | 1.06vs.1.3753715 Less sensitive to market ups & downs |
Standard deviation | 16.66vs.11.881683 More volatile performance |
Alpha
Alpha in mutual funds measures excess return relative to a benchmark, indicating a manager's skill at generating returns beyond market performance.
Sharpe
Sharpe Ratio evaluates a fund's return relative to its risk. Higher values signify better risk-adjusted performance.
Beta
Beta in mutual funds indicates a fund's sensitivity to market changes. A beta over 1 means it's more volatile than the market, while below 1 implies less volatility.
Standard deviation
Standard deviation measures the volatility of a fund's returns. The higher the value, the riskier the investment.
Compare this fund in detail with
About this fund
About Quant ELSS Tax Saver Fund
Quant ELSS Tax Saver Fund Direct-Growth is a ELSS mutual fund scheme from Quant Mutual Fund. This fund has been in existence for 11 yrs 4 m, having been launched on 01/01/2013. Quant ELSS Tax Saver Fund Direct-Growth has ₹9,361 Crores worth of assets under management (AUM) as on 31/03/2024 and is medium-sized fund of its category. The fund has an expense ratio of 0.77%, which is less than what most other Elss funds charge.
- Quant ELSS Tax Saver Fund Direct-Growth returns of last 1-year are 60.59%. Since launch, it has delivered 23.11% average annual returns. The fund has doubled the money invested in it every 3 yrs.
- Quant ELSS Tax Saver Fund Direct-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is average.
- The fund has the majority of its money invested in Energy, Financial, Metals & Mining, Technology, Consumer Staples sectors. It has taken less exposure in Energy, Financial sectors compared to other funds in the category.
- The fund's top 5 holdings are in Reliance Industries Ltd., Adani Power Ltd., JIO Financial Services Ltd., Hindalco Industries Ltd., GAIL (India) Ltd..
...
Fund AUM | ₹9,361 Crs as on Mar 31, 2024 |
Scheme document | View Scheme Document |
Fund managers
Ankit A Pande
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.
Vasav Sahgal
B.Com. and CFA Prior to joining Quant Mutual Fund, he has worked with Eqestar capital as Equity Research Analyst.
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.
Quant Mutual Fund details
No. of schemes | 27 view all schemes |
Total AUM | ₹58,934 Crs as on Mar 31, 2024 |
Address | 6th Floor, Sea Breeze Building, Appa Saheb Marathe Marg, Prabhadevi, Mumbai, 400025 |
Phone | 022-62955000 |
More funds from Quant Mutual Fund
Fund name | ETM Rank | AUM (in Crs.) | 1Y | 5Y |
---|---|---|---|---|
Quant Small Cap Fund | #1 | ₹20,164 Crs | 67.45% | 42.46% |
Quant Infrastructure Fund | #4 | ₹3,188 Crs | 80.8% | 37.79% |
Quant Mid Cap Fund | #1 | ₹6,920 Crs | 78.16% | 36.45% |
Quant Flexi Cap Fund | #3 | ₹5,563 Crs | 60.11% | 32.89% |
Quant Active Fund | #3 | ₹9,791 Crs | 53.95% | 31.54% |
See all Equity funds from this AMC
Frequently asked questions
How fund report card works
Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.
However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.
At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.
In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.
How are the returns of Quant ELSS Tax Saver Fund ?
The Quant ELSS Tax Saver Fund is a 11 yrs 4 m old fundand has delivered average annual returns of 23.09% since inception.
Quant ELSS Tax Saver Fund Returns
1-Year | 3-Year | 5-Year | 10-Year | Since Inception |
---|---|---|---|---|
60.83% | 28.96% | 34.66% | 25.98% | 23.09% |
What is the current NAV of Quant ELSS Tax Saver Fund?
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Quant ELSS Tax Saver Fund for May 17, 2024 is 415.7055.
Should I invest in Quant ELSS Tax Saver Fund?
Quant ELSS Tax Saver Fund has an ET Money Rank of #8 of 34 and a consistency rating of 5.0.
This indicates the fund has generated average returns. However, whatever returns the fund delivers, it does so with exceptional consistency. You can consider this fund if the predictability of returns is what you are looking for
How do I invest in Quant ELSS Tax Saver Fund?
On ET Money, Investing in Quant ELSS Tax Saver Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
- Click on the Invest Now Button present on the top right-hand side.
- Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
- Provide few more details needed including the bank account from which you will be making the payment and confirm.
- That's it. Your SIP or one-time investment in Quant ELSS Tax Saver Fund is done.
How much does Quant ELSS Tax Saver Fund charge as expense ratio?
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Quant ELSS Tax Saver Fund is 0.77%..
How can I redeem my investments in Quant ELSS Tax Saver Fund?
Redeeming your investments in Quant ELSS Tax Saver Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Quant ELSS Tax Saver Fund from anywhere else, you can go to the fund house website and put a request through it.
What is the AUM or size of Quant ELSS Tax Saver Fund?
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Quant ELSS Tax Saver Fund is ₹9,361 Crs.
What are the top stock holdings of Quant ELSS Tax Saver Fund?
The Quant ELSS Tax Saver Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
Reliance Industries Ltd. | 9.53% |
Adani Power Ltd. | 7.58% |
JIO Financial Services Ltd. | 6.29% |
Hindalco Industries Ltd. | 5.01% |
GAIL (India) Ltd. | 4.72% |
Tata Consultancy Services Ltd. | 4.57% |
Aurobindo Pharma Ltd. | 4.52% |
Britannia Industries Ltd. | 4.22% |
Punjab National Bank | 3.63% |
Jindal Steel & Power Ltd. | 3.6% |
What are the top sectors Quant ELSS Tax Saver Fund has invested in?
The Quant ELSS Tax Saver Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Energy | 26.72% |
Financial | 18.029999999999998% |
Metals & Mining | 15.05% |
Technology | 5.71% |
Consumer Staples | 5.22% |
Capital Goods | 4.89% |
Healthcare | 4.52% |
Construction | 4.390000000000001% |
Insurance | 3.27% |
Services | 2.69% |
₹
Minimum SIP amount is ₹
Please select SIP day
How long should this SIP run?
Until I stop
- Until I stop
- Number of years
- Number of months
₹
Minimum Lumpsum amount is ₹
By continuing, I agree to the Declaration and
Explore more funds