VR Logo

5 star

Quant Tax Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.28 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.53 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 23.58 0.88 2.84 3.56 18.66 49.10 23.01 8.57 15.18 19.54 7.68
S&P BSE 500 TRI 0.39 0.39 1.71 6.40 7.73 29.31 4.79 4.35 8.63 12.32 8.16
Equity: ELSS -0.42 0.45 1.77 5.74 7.49 25.36 3.01 2.36 7.25 13.10 8.87
Rank within category 1 3 5 36 1 1 1 2 1 1 22
Number of funds in category 38 38 38 38 38 38 37 34 30 29 27

As on 23-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Quant Tax Plan  | Invest Online
5 star
Apr-00 23.01 8.57 15.18 2.48 17
Axis Long Term Equity Fund
4 star
Dec-09 0.22 6.76 9.05 1.72 21,836
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
Mar-96 4.09 2.41 8.09 1.89 11,123
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 0.81 3.27 9.29 1.86 6,178
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 11.03 8.00 -- 1.77 4,270

Best & Worst Performance

Best (Period) Worst (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 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 11.33 23.00 0.27 0.37 0.99 4.74
S&P BSE 500 TRI 6.61 21.81 0.07 0.08 -- --
Equity: ELSS 4.36 21.40 -0.03 -0.03 0.95 -2.17
Rank within category 1 32 2 1 27 1
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-Sep-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 25
Top 10 Stocks (%) 67.54
Top 5 Stocks (%) 40.87
Top 3 Sectors (%) 54.41
Portfolio P/B Ratio 1.92
Portfolio P/E Ratio 22.16

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 12,539 93,415
Giant (%) 22.05 50.27
Large (%) 8.95 15.96
Mid (%) 15.64 25.18
Small (%) 53.35 8.58
Tiny (%) -- 0.14

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Strides Pharma Science Healthcare 48.91 9.57 0.00 9.57
up Sun Pharmaceutical Inds. Healthcare 160.99 8.90 0.00 8.90
new Bharti Airtel Communication -- 9.80 0.00 7.94
up Sumitomo Chemical India Others 59.84 7.53 0.00 7.53
down Majesco Technology 1.45 9.94 0.00 6.92
up Stylam Industries FMCG 41.32 6.81 0.00 6.81
up PTC India Financial Services Financial 9.85 6.04 0.00 6.04
up Reliance Industries Energy 33.63 9.76 0.00 4.83
equal UFLEX Chemicals 5.16 5.57 0.00 4.58
equal Neuland Laboratories Healthcare 60.10 8.51 0.00 4.42
down Deepak Fertilisers & Petro. Chemicals 7.47 6.08 0.00 3.66
new Adani Enterprises Services 61.22 3.61 0.00 3.61
up Bharat Rasayan Chemicals 23.46 2.86 0.00 2.86
equal Caplin Point Laboratories Healthcare 18.32 2.82 0.00 2.66
equal Rallis India Chemicals 23.95 3.28 0.00 2.65
new Adani Ports and Special Economic Zone Services 21.14 6.36 0.00 2.46
new Tech Mahindra Technology 20.27 2.46 0.00 2.46
equal Divi's Laboratories Healthcare 51.01 3.44 0.00 2.01
new United Spirits FMCG 177.47 5.84 0.00 1.86
new Crompton Greaves Consumer Electricals Cons Durable 39.73 1.41 0.00 1.41
new Sun TV Network Services 13.45 2.56 0.00 1.40
new Linde India Chemicals 9.83 1.35 0.00 1.35
new Apollo Hospitals Healthcare 152.31 3.47 0.00 1.29
new Shilpa Medicare Healthcare 16.83 0.84 0.00 0.84
equal Glenmark Pharma. Healthcare 14.87 0.16 0.00 0.15

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-2020

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:


0.88%

Change from previous, NAV as on 23-Oct-2020

Growth: ₹ 116.1462

Dividend: ₹ 16.0832


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 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Quant Mutual Fund
Launch Date: 01-Apr-2000
Return Since Launch: 12.66%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 17 Cr (As on 30-Sep-2020)
Expense: 2.48% (As on 30-Sep-2020)
Risk Grade: Above Average
Return Grade: High
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: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

VR Helpline

Planning your portfolio

dateSaturday, 24-Oct-2020
time04:00 PM - 04:30 PM