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Quant Tax Plan


1 Lakh

Investment Grown to
₹ 1.32 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.81 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 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 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 2.71 -3.29 6.95 4.60 9.61 11.68 7.68
S&P BSE Sensex 50 TRI 12.44 1.96 9.31 13.27 15.85 9.87 10.72
Equity: ELSS 7.31 1.02 7.98 8.28 11.07 8.55 10.98
Rank within category 31 38 28 30 25 2 25
Number of funds in category 35 38 37 35 34 29 26

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 38.54 (06-May-2009 - 05-Jun-2009) -33.07 (10-Sep-2008 - 10-Oct-2008)
Quarter 59.33 (06-Mar-2009 - 05-Jun-2009) -38.87 (02-Sep-2008 - 02-Dec-2008)
Year 127.51 (24-Apr-2003 - 23-Apr-2004) -63.30 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.81 13.31 0.38 0.78 0.92 -1.74
S&P BSE Sensex 50 TRI 15.35 12.22 0.78 1.23 -- --
Equity: ELSS 11.17 13.43 0.40 0.61 0.96 -1.64
Rank within category 20 21 19 12 13 19
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 30-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 25
Top 10 Stocks (%) 66.06
Top 5 Stocks (%) 38.85
Top 3 Sectors (%) 77.35
Portfolio P/B Ratio 3.65
Portfolio P/E Ratio 25.76

Portfolio Aggregates

Fund Benchmark Category*
Average Mkt Cap (Rs Cr) 47,237 96,702
Giant (%) 25.31 52.39
Large (%) 40.43 15.16
Mid (%) 24.20 24.27
Small (%) 10.06 8.53
Tiny (%) -- 0.27

Value Research Fund Style

Sector Allocation vis-à-vis Benchmark

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Larsen & Toubro Construction 19.34 9.35 0.00 9.33
down Reliance Nippon Life Asset Management Financial 40.09 10.24 0.00 8.42
up CreditAccess Grameen Financial 30.88 7.21 0.00 7.21
new Bandhan Bank Financial 29.68 7.19 0.00 7.19
equal HDFC Life Insurance Financial 88.97 13.21 0.00 6.70
down ICICI Prudential Life Insurance Co. Ltd. Financial 62.22 11.61 0.00 5.80
equal Ambuja Cements Construction 15.60 7.93 0.00 5.79
equal BPCL Energy 16.66 5.73 0.00 5.61
down ICICI Lombard General Insurance Financial 56.52 5.15 0.00 5.15
equal Metropolis Healthcare Healthcare 53.79 5.01 0.00 4.86
up Biocon Healthcare 41.58 5.89 0.00 4.58
equal Axis Bank Financial 47.40 9.93 0.00 3.39
up General Insurance Corporation of India Financial 89.91 6.43 0.00 3.02
new Grasim Industries Construction 11.57 7.78 0.00 3.00
new VST Industries FMCG 24.70 2.89 0.00 2.89
new Power Grid Corporation Energy 6.28 2.97 0.00 2.80
equal Mahindra & Mahindra Automobile 11.61 5.71 0.00 2.57
equal Petronet LNG Energy 15.44 2.39 0.00 2.29
new Raymond Textiles 25.78 2.20 0.00 2.20
new Sun Pharmaceutical Inds. Healthcare 24.11 5.29 0.00 1.46
new Apollo Hospitals Healthcare 57.15 3.47 0.00 1.45
new Bharat Electronics Engineering 14.30 6.55 0.00 1.31
new Indraprastha Gas Energy 28.69 0.96 0.00 0.96
down Britannia Inds. FMCG 58.56 1.65 0.00 0.47
new Hero Motocorp Automobile 12.70 0.46 0.00 0.46

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-Nov-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:


0.82%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 93.7520

Dividend: ₹ 12.9818


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-Apr-2000
Benchmark: NIFTY 50 Total Return
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 11 Cr (As on 30-Nov-2019)
Expense: 2.48% (As on 30-Nov-2019)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

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
 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: 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

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM