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Quant Tax Plan - Direct Plan

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Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.35 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.90 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto 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 all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.87 0.07 1.46 2.99 6.41 1.56 5.21 10.56 10.63 14.31 --
S&P BSE Sensex 50 TRI 1.66 0.08 1.23 2.71 8.24 6.97 14.92 15.74 9.59 12.74 --
Equity: ELSS 2.47 0.29 1.80 3.77 8.43 7.70 12.58 12.48 9.07 14.34 --
Rank within category 32 31 33 32 34 35 34 25 7 13 --
Number of funds in category 38 38 38 38 37 36 35 34 29 27 1

As on 16-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 15.57 (07-May-2014 - 06-Jun-2014) -12.05 (16-Jan-2013 - 15-Feb-2013)
Quarter 24.96 (29-Feb-2016 - 30-May-2016) -18.04 (09-Jan-2013 - 10-Apr-2013)
Year 81.21 (27-Jan-2014 - 27-Jan-2015) -12.17 (23-Aug-2018 - 23-Aug-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.34 13.29 0.42 0.84 0.92 -1.81
S&P BSE Sensex 50 TRI 15.86 12.18 1.27 -- -- --
Equity: ELSS 13.10 13.33 0.55 0.82 0.96 -0.35
Rank within category 25 21 26 17 11 24
Number of funds in category 34 34 34 34 34 34

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 28
Top 10 Stocks (%) 61.49
Top 5 Stocks (%) 35.38
Top 3 Sectors (%) 79.90
Portfolio P/B Ratio 3.04
Portfolio P/E Ratio 24.56

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 49,515 98,037
Giant (%) 21.51 52.66
Large (%) 46.85 14.56
Mid (%) 24.38 24.99
Small (%) 7.27 8.12
Tiny (%) -- 0.23

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Nippon Life Asset Management Financial 40.48 10.24 0.00 8.52
equal HDFC Life Insurance Financial 91.33 13.21 0.00 7.55
equal CreditAccess Grameen Financial 29.86 7.21 0.00 7.10
equal Bandhan Bank Financial 25.33 7.19 0.00 6.47
equal ICICI Prudential Life Insurance Co. Ltd. Financial 60.35 11.61 0.00 5.73
equal Ambuja Cements Construction 16.87 7.93 0.00 5.71
equal ICICI Lombard General Insurance Financial 59.13 5.39 0.00 5.39
equal Metropolis Healthcare Healthcare 68.21 5.21 0.00 5.21
equal Biocon Healthcare 40.80 5.89 0.00 4.91
down Larsen & Toubro Construction 19.36 9.35 0.00 4.90
up Grasim Industries Construction 11.66 7.78 0.00 3.80
equal Axis Bank Financial 46.94 9.93 0.00 3.56
new HDFC Bank Financial 29.93 7.90 0.00 2.93
new Vedanta Metals 7.70 6.87 0.00 2.89
equal Power Grid Corporation Energy 6.61 2.97 0.00 2.84
equal General Insurance Corporation of India Financial 99.89 6.43 0.00 2.70
equal Mahindra & Mahindra Automobile 12.96 5.71 0.00 2.65
down BPCL Energy 15.38 5.73 0.00 2.56
new DLF Construction 39.60 7.30 0.00 2.45
equal Petronet LNG Energy 15.32 2.39 0.00 2.32
equal Raymond Textiles 26.60 2.20 0.00 2.06
equal Apollo Hospitals Healthcare 67.59 3.47 0.00 1.50
new Indusind Bank Financial 20.82 1.48 0.00 1.48
new Hindalco Inds. Metals 80.78 2.83 0.00 1.46
equal Bharat Electronics Engineering 15.37 6.55 0.00 1.31

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Rochan Pattnayak since 03-Oct-2019

Education: Mr. Pattnayak has done MBA

Experience: Prior to joining Quant Mutual Fund, he has more than 10 years of professional experience in the area of equity derivatives market making, structured products and fundamental portfolio management both in India and UK.

Funds Managed:

0.07%

Change from previous, NAV as on 16-Jan-2020

Growth: ₹ 98.3478

Dividend: ₹ 13.1333

Investment Strategy

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.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Quant Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 14.00%
Benchmark: NIFTY 50 Total Return
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 10 Cr (As on 31-Dec-2019)
Expense: 0.57% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Above Average
Turnover: 35.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend26-Feb-20181.5000

 29-Sep-20171.2500
 01-Mar-20171.5000
 27-Sep-20161.2500
 03-Feb-20151.0000

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM

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