Quant ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 21-02-2025
₹ 358.54
▲0.7%
1D
Inception Returns
20.4%
/yr
About Quant ELSS Tax Saver Fund Direct Growth
Quant ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ankit A. Pande, Sanjeev Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant ELSS Tax Saver Fund Direct Growth has ₹10279 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Quant ELSS Tax Saver Fund Direct Growth has given a CAGR return of 20.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -6.96%, 15.49% and 29.27% respectively.
Holdings
Quant ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Utilities, Consumer Defensive, Health, Basic Materials, Consumer Cyclical, Industrial, Real Estate, Tech. Its top holdings are Reliance Industries Ltd, Adani Power Ltd, Samvardhana Motherson International Ltd, Larsen & Toubro Ltd, Jio Financial Services Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Quant ELSS Tax Saver Fund Direct Growth
The investment objective of the Scheme is to generate Capital Appreciation by investing predominantly in a well-diversified portfolio of Equity Shares with growth potential. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Quant ELSS Tax Saver Fund Direct Growth of 3 Years
Historical NAV & Returns
Absolute
▲
▼
88749 people have invested ₹ 33.9Cr in Quant ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank for Quant ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
5
/23
67% Performance
32% Risk Management
100% Cost
5 out of 23 among elss (tax savings)
Outperformed benchmarks during bull run
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Highly volatile within category
Poor track record of protecting capital in bear phase
Poor track record of Recovering losses quickly
Quant ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹10279 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 156.71% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
85.3%
Mid cap
6.5%
Small cap
5.5%
Sector Allocation
Financial Services
19.8%
Energy
15.6%
Utilities
15.3%
Consumer Defensive
13.1%
Health
10.8%
Basic Materials
8.3%
Consumer Cyclical
8.2%
Industrial
7.9%
Real Estate
0.8%
Tech
0.3%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 10.3K Cr as of Jan'25
- AUM decreased by 520.3 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Oil & Natural Gas Corp Ltd's allocation increased from 0.92% to 2.93%
Nestle India Ltd's allocation increased from 1.15% to 2.66%
Reliance Industries Ltd's allocation increased from 9.23% to 10.06%
Top Stocks sold last month
Adani Power Ltd's allocation decreased from 7.09 % to 7.03 %
Samvardhana Motherson International Ltd's allocation decreased from 7.44 % to 6.89 %
Jio Financial Services Ltd's allocation decreased from 7.52 % to 6.22 %
Small Cap allocation has gone down from 6% to 5.5%
Mid Cap allocation has gone down from 6.8% to 6.5%
Large Cap allocation has gone up from 81.5% to 85.3%
Cash allocation has gone down from 5.6% to 2.3%
Top 3 Sectors in January were Financial Services, Utilities & Energy
Jan'25
Financial Services
20%
Energy
16%
Utilities
15%
Dec'24
Financial Services
22%
Utilities
16%
Energy
14%
See all
Loading...
We are taking more time than usual
Ankit A. Pande
Fund Manager of Quant ELSS Tax Saver Fund Direct Growth, since 11 May 2020
Top funds managed
Sanjeev Sharma
Fund Manager of Quant ELSS Tax Saver Fund Direct Growth, since 3 February 2025
Top funds managed
Fund House
Quant Money Managers Limited
Total Schemes
Total AUM
₹94.78K Cr
as on 31-Jan-2025
Address
6th Floor, Sea Breeze Building,Appasaheb Marathe Marg, Prabhadevi
Phone
022-62955000
Website
help.investor@quant.in
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 6.4% drop in AUM moving from 10.97K Cr to 10.27K Cr.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.5% which is lower than the category average expense ratio of 1.29%.
In the last 1 year, LIC MF ELSS Tax Saver -Direct Plan Growth Option has given 12.82% return, outperforming this fund by 19.78%.
Over the last 1 month, this fund has decreased expense ratio by 23.1% moving from 0.65 to 0.50.
In the last 5 years, this fund has outperformed all funds in its category.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 23.61% return, outperforming this fund by 8.12% per annum.
Quant ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 20.37% since inception which is more than its category average return of 14.48%
Fund Allocations
This fund has an allocation of 97.68% in Equity, 0% in Debt and 2.32% in Cash related instruments
AUM size ₹10279 Cr
This fund has AUM of ₹10279 Cr which is more than its category average of ₹ 4780 Cr
Expense Ratio 0.5%
This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Quant ELSS Tax Saver Fund Direct Growth
The current NAV of Quant ELSS Tax Saver Fund Direct Growth is ₹358.54 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
Quant ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.13% | -7.13% |
6 Month Returns | -19.25% | -19.25% |
1 Year Returns | -6.96% | -6.96% |
3 Years Returns | 54.05% | 15.49% |
5 Years Returns | 260.96% | 29.27% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.5% as on January 2025
₹10279 Cr as on January 2025
Reliance Industries Ltd(10.06%), Adani Power Ltd(7.03%), Samvardhana Motherson International Ltd(6.89%), Larsen & Toubro Ltd(6.33%), Jio Financial Services Ltd(6.22%) as on January 2025
Financial Services(19.31%), Energy(15.24%), Utilities(14.93%) as on January 2025
The alpha ratio for the Quant ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant ELSS Tax Saver Fund Direct Growth | -9.85 | 1.32 | 10.95 |
As on January 2025
The alpha for Quant ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Quant ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant ELSS Tax Saver Fund Direct Growth | 1.02 | 1.14 | 1 |
As on January 2025
The Beta for Quant ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Quant ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant ELSS Tax Saver Fund Direct Growth | -0.44 | 0.61 | 1.12 |
As on January 2025
The sharpe ratio for Quant ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Quant ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant ELSS Tax Saver Fund Direct Growth | 14.3 | 17.26 | 21.67 |
As on January 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.02 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.3 as on January 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Ankit A. Pande, Sanjeev Sharma are the fund managers of Quant ELSS Tax Saver Fund Direct Growth
The Exit load of Quant ELSS Tax Saver Fund Direct Growth is 0%