Great! You have sucessfully subscribed for newsletters for investments
Knowing this helps you control risk in your portfolio
Determine this by answering these simple questions.
NAV as of ( Sep 09, 2022 )
₹ 267.65 0.16 % 1-D Change
You get upto 2.05% extra returns
ET Money Rank
Out of 26
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
Sign-up for free to view fund's Report Card
Select SIP date
How long should this SIP run?
Fresh Investments closed in this fund!
This fund is no longer available to invest
|ET Money Rank||1 Out of 26|
|Expense ratio||0.57% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 1,787 Crs|
|Age||9 yrs 8 m Since Jan 01, 2013|
|Benchmark||Nifty 500 TRI|
SIP ₹ 500 &
Lumpsum ₹ 500
Answer a few simple questions and understand why you take the financial decisions you do.
You would have earned ₹ 1,001 more by investing in ET Money Direct Plan
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 64.81%
Mid Cap 20.2%
Small Cap 11.11%
Other Cap 0%
Consumer Staples 13.82%
Bifurcation by Holding is not available for this fund
Bifurcation by Credit Quality is not available for this fund
Net Current Assets 3.6%
Know in detail about the portfolio of this fund See detailed Portfolio Analysis
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Quant Tax Plan||23.64%|
|Canara Robeco Equity Tax Saver Fund||17.09%|
|Mirae Asset Tax Saver Fund||16.32%|
|IDFC Tax Advantage (ELSS) Fund||14.28%|
|Kotak Tax Saver Fund||14.19%|
|PGIM India ELSS Tax Saver Fund||13.96%|
|ICICI Prudential Long Term Equity Fund (Tax Saving)||13.78%|
|Nippon India Tax Saver (ELSS) Fund||6.23%|
|SBI Long Term Equity Fund||11.59%|
|Sundaram Tax Savings Fund||12.02%|
|Invesco India Tax Plan Fund||13.24%|
Sign-up for free to compare fund with elss funds
|Period||Trailing returns||Category average||Rank within category|
|1 month||6.92%||2.42%||1 / 24|
|3 months||20.84%||15.89%||1 / 24|
|6 months||17.86%||8.42%||1 / 24|
|1 year||19.35%||5.34%||1 / 24|
|3 years||44.22%||21.71%||1 / 24|
|5 years||23.64%||12.68%||1 / 23|
Know in detail about the returns of this fund See detailed Return Analysis
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
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.
Ankit A Pande
Mr. Pande has done CFA and MBA
Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.
B.Com. and CFA
Prior to joining Quant Mutual Fund, he has worked with Eqestar capital as Equity Research Analyst.
As on Jun 30, 2022
The Quant Tax Plan is a 9 yrs 8 m old fund and has delivered average annual returns of 21.95% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Quant Tax Plan for Sep 09, 2022 is 267.65 .
Quant Tax Plan has an ET Money Rank of # 1 of 26 and a consistency rating of 5 .
This indicates the fund has not only delivered solid returns in the past but has done so with exceptional consistency. All this means Quant Tax Plan can be a good addition to your portfolio.
On ET Money, Investing in Quant Tax Plan is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Quant Tax Plan is 0.57%. .
Redeeming your investments in Quant Tax Plan is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Quant Tax Plan from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Quant Tax Plan is ₹1,787 Crs.
The Quant Tax Plan has invested the majority of its money in the stocks of the following companies -
|Company||Percentage of Portfolio|
|State Bank of India||7.68%|
|ICICI Bank Ltd.||6.45%|
|Patanjali Foods Ltd.||5.71%|
|Adani Ports and Special Economic Zone Ltd.||5.65%|
|Larsen & Toubro Ltd.||5.53%|
|Adani Enterprises Ltd.||5.44%|
|Indian Hotels Co. Ltd.||3.19%|
The Quant Tax Plan has primarily invested in the following sectors
|Sector||Percentage of Portfolio|
|Metals & Mining||3.44%|