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5 star

Quant Tax Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 2.63 Lakh

₹ 10000

Monthly SIP Grown to
₹ 7.68 Lakh

Suitability:

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. 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 64.91 1.97 4.68 7.31 13.17 40.20 98.16 38.05 24.92 24.36 19.01
S&P BSE 500 TRI 38.37 0.88 3.14 5.83 15.67 30.15 63.63 23.16 17.74 15.35 15.86
Equity: ELSS 37.42 0.78 3.17 5.38 13.98 29.65 61.39 21.80 15.67 14.70 16.31
Rank within category 1 1 1 5 25 1 1 1 1 1 2
Number of funds in category 38 38 38 38 38 38 38 35 33 29 27

As on 14-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Quant Tax Plan
5 star
Apr-00 98.16 38.05 24.92 2.25 433
Axis Long Term Equity Fund
4 star
Dec-09 66.23 25.35 19.11 1.54 34,371
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 66.12 27.16 21.68 1.73 9,832
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 69.58 25.64 16.90 1.76 9,756
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 83.97 24.76 18.88 1.93 3,439

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 21.50 13-May-2009 - 20-May-2009 -22.29 03-Oct-2008 - 10-Oct-2008
Month 38.54 06-May-2009 - 05-Jun-2009 -35.90 20-Feb-2020 - 23-Mar-2020
Quarter 59.33 06-Mar-2009 - 05-Jun-2009 -38.87 02-Sep-2008 - 02-Dec-2008
Year 155.14 23-Mar-2020 - 23-Mar-2021 -63.30 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 31.58 24.27 1.14 1.45 0.98 11.28
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: ELSS 19.52 21.54 0.72 0.78 0.95 -0.34
Rank within category 1 33 2 1 23 1
Number of funds in category 35 35 35 35 35 35

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 55.87
Top 5 Stocks (%) 35.05
Top 3 Sectors (%) 50.79
Portfolio P/B Ratio 2.80
Portfolio P/E Ratio 21.06

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 79,421 1,33,866
Giant (%) 41.93 51.26
Large (%) 16.19 16.18
Mid (%) 22.75 25.11
Small (%) 18.81 7.62
Tiny (%) 0.32 0.22

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 Industries Energy 37.90 9.59 0.00 9.10
equal State Bank of India Financial 17.50 9.94 0.00 7.14
up ITC FMCG 22.70 8.39 0.00 7.08
equal Vedanta Metals 8.35 8.19 0.00 6.62
equal Indiabulls Real Estate Construction 40.25 5.87 0.00 5.11
equal HDFC Bank Financial 28.44 7.90 0.00 4.97
up Adani Ports and Special Economic Zone Services 29.91 6.36 0.00 4.31
equal Oracle Fin Ser Software Technology 22.81 5.76 0.00 4.05
up Larsen & Toubro Construction 20.18 9.35 0.00 3.81
new SBI Cards & Payments Services Financial 119.24 3.68 0.00 3.68
equal ICICI Bank Financial 25.20 9.54 0.00 3.04
new Ashok Leyland Automobile -- 2.92 0.00 2.92
new Bajaj Auto Automobile 20.36 2.79 0.00 2.79
equal Caplin Point Laboratories Healthcare 26.63 3.62 0.00 2.52
equal Prestige Estates Projects Construction 12.08 2.49 0.00 2.49
equal HFCL Communication 30.28 3.82 0.00 2.40
equal Stylam Industries FMCG 28.95 9.57 0.00 2.37
equal Fortis Healthcare Healthcare 62.24 7.50 0.00 2.24
equal Macrotech Developers Construction -- 2.32 0.00 2.18
new Piramal Enterprises Healthcare 49.20 1.73 0.00 1.73
equal Godrej Agrovet FMCG 36.77 5.72 0.00 1.60
up Linde India Chemicals 47.56 1.59 0.00 1.59
up Sun TV Network Services 13.35 1.88 0.00 1.50
equal EID-Parry (I) FMCG 15.58 2.94 0.00 1.47
down ICICI Securities Financial 23.78 4.97 0.00 1.46

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 30-Sep-2021

Fund Manager

— Ankit A Pande since 11-May-2020

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.

Funds Managed:


1.97%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 227.7227

IDCW: ₹ 31.5737


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 (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques --
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Quant Mutual Fund
Launch Date: 01-Apr-2000
Return Since Launch: 15.61%
Benchmark: NIFTY 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 433 Cr (As on 30-Sep-2021)
Expense: 2.25% (As on 31-Aug-2021)
Risk Grade: Average
Return Grade: High
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW26-Feb-20181.5000

 29-Sep-20171.2500
 01-Mar-20171.5000
 27-Sep-20161.2500
 03-Feb-20151.0000
 03-Aug-20101.0000
 26-Mar-20083.0000
 23-Mar-20072.5000
 23-Mar-20063.5000
 28-Mar-20053.0000
 26-Mar-20048.0000

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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over