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Quant Tax Plan - Direct Plan


1 Lakh

Investment Grown to
₹ 1.26 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.93 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.24 -2.14 1.18 -2.62 -1.20 14.86 12.13 8.08 10.22 16.45 --
S&P BSE 500 TRI -1.15 -2.01 -1.35 -3.30 0.86 11.31 10.62 9.51 7.81 12.61 --
Equity: ELSS 1.07 -1.69 -0.79 -1.64 2.96 14.17 14.62 9.69 8.52 14.85 --
Rank within category 20 36 1 26 35 16 23 25 8 7 --
Number of funds in category 38 38 38 38 38 37 36 34 30 28 1

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.60 (19-Sep-2019 - 26-Sep-2019) -8.57 (17-Aug-2015 - 24-Aug-2015)
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 9.53 12.86 0.30 0.61 0.90 -1.73
S&P BSE 500 TRI 11.88 12.82 0.48 0.72 -- --
Equity: ELSS 11.52 13.02 0.45 0.65 0.95 -0.04
Rank within category 26 18 27 22 10 25
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-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 23
Top 10 Stocks (%) 64.24
Top 5 Stocks (%) 38.50
Top 3 Sectors (%) 74.24
Portfolio P/B Ratio 2.62
Portfolio P/E Ratio 23.19

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 54,515 90,653
Giant (%) 26.16 50.67
Large (%) 42.59 15.11
Mid (%) 25.98 25.96
Small (%) 5.27 8.61
Tiny (%) -- 0.26

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 Nippon Life India Asset Management Financial 46.35 10.24 0.00 8.75
new ICICI Bank Financial 36.13 9.54 0.00 8.73
equal CreditAccess Grameen Financial 36.24 7.41 0.00 7.41
up Grasim Industries Construction 11.75 7.78 0.00 6.93
new Sun Pharmaceutical Inds. Healthcare 23.87 6.67 0.00 6.67
equal ICICI Prudential Life Insurance Co. Ltd. Financial 60.84 11.61 0.00 6.08
equal Bandhan Bank Financial 21.53 7.19 0.00 5.73
equal Larsen & Toubro Construction 18.10 9.35 0.00 5.18
equal Biocon Healthcare 44.96 5.89 0.00 4.92
new Cadila Healthcare Healthcare 22.55 7.31 0.00 3.84
new Reliance Industries Energy 21.12 9.76 0.00 3.46
equal General Insurance Corporation of India Financial -- 6.43 0.00 2.99
new Adani Ports and Special Economic Zone Services 15.61 6.36 0.00 2.86
new IIFL Finance Financial 7.92 3.81 0.00 2.86
equal Mahindra & Mahindra Automobile 29.60 5.71 0.00 2.83
equal Petronet LNG Energy 14.21 2.39 0.00 2.31
equal Raymond Textiles 11.60 2.20 0.00 1.98
up Hero Motocorp Automobile 11.46 1.96 0.00 1.96
new Alembic Pharmaceuticals Healthcare 16.84 1.48 0.00 1.48
new Glaxosmithkline Pharma Healthcare 287.45 1.44 0.00 1.44
equal Hindalco Inds. Metals 9.40 2.83 0.00 1.28
equal Indusind Bank Financial 18.03 1.48 0.00 1.23
new Voltas Cons Durable 47.72 0.95 0.00 0.95

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-Jan-2020

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:


-2.14%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 97.7462

Dividend: ₹ 13.0541


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: 13.68%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 10 Cr (As on 31-Jan-2020)
Expense: 0.57% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Above Average
Turnover: 12.00%

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: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM