QUANT Tax Plan Direct Plan - Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 246.7 as on 31-03-2023
Fund Performance
58936 people have invested ₹ 37.1Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has given 8.98% return, outperforming Quant Tax Plan Growth Option Direct Plan by 8.45%
In the last 3 years, Quant Tax Plan Growth Option Direct Plan has outperformed all funds in its category
In the last 5 years, Quant Tax Plan Growth Option Direct Plan has outperformed all funds in its category
Quant Tax Plan Growth Option Direct Plan has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.57% which is lower than the category average expense ratio of 1.42%
Over the last 3 months, Quant Tax Plan Growth Option Direct Plan has experienced a 19.4% growth in AUM moving from 2.32K Cr to 2.77K Cr
INDmoney Rank
Powered by IND quant engine
1
/23
90% Performance
49% Risk Management
97% Cost
1 out of 23 among elss (tax savings)
Pros
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
Cons
Highly volatile within category
Quant Tax Plan Growth Option Direct Plan Performance as on (31-Mar-23)
About the Fund
Quant Tax Plan Growth Option Direct Plan is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vasav Sahgal, Ankit A. Pande. The fund could potentially beat inflation in the long-run.
Key parameters
1) Quant Tax Plan Growth Option Direct Plan has a NAV of ₹246.6959 as on 31-03-2023.
2) Quant Tax Plan Growth Option Direct Plan has ₹2779 Cr worth of assets under management (AUM) as on 28-02-2023 and is more than category average.
3) The fund has an expense ratio 0.57 %.
Quant Tax Plan Growth Option Direct Plan Overview
 | 0.57% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹2779 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 58.02% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
73.8%
Mid cap
14.8%
Small cap
9.8%
Sector Allocation
Financial Services
25.2%
Consumer Defensive
16.4%
Basic Materials
13.3%
Energy
11.4%
Industrial
9.2%
Tech
8.5%
Utilities
7.2%
Consumer Cyclical
4.5%
Communication
2.1%
Real Estate
1.9%
Health
0.5%
Top Holdings of Quant Tax Plan Growth Option Direct Plan as on (31-Mar-23)
Equity Holdings40
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ITC Ltd | 9.68% | -4.9% | |
 Reliance Industries Ltd | 9.01% | 61% | |
 HDFC Bank Ltd | 8.99% | 66.8% | |
 State Bank of India | 6.57% | 0% | |
 Larsen & Toubro Ltd | 5.51% | 100% |
See all
Quant Tax Plan Growth Option Direct Plan: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -4.79% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund underperformed Nifty 500 by 2.57% in Feb'23
AUM Change
- AUM of the fund stands at 2.8K Cr as of Feb'23
- AUM increased by 87.1 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
NTPC Ltd's allocation increased from 3.84% to 5.4%
HDFC Bank Ltd's allocation increased from 4.07% to 5.58%
Bharat Petroleum Corp Ltd's allocation increased from 0.49% to 1.86%
Top Stocks sold last month
State Bank of India's allocation decreased from 8.55 % to 7.18 %
Reliance Industries Ltd's allocation decreased from 6.81 % to 5.86 %
Ambuja Cements Ltd's allocation decreased from 7.72 % to 5.5 %
Mid Cap allocation has gone down from 19.3% to 14.8%
Large Cap allocation has gone up from 68.2% to 73.8%
Small Cap allocation has gone down from 10.5% to 9.8%
Cash allocation has gone down from 2% to 1.6%
Top 3 Sectors in February were Financial Services, Consumer Defensive & Basic Materials
Feb'23
Financial Services
25%
Consumer Defensive
16%
Basic Materials
13%
Jan'23
Financial Services
25%
Consumer Defensive
17%
Basic Materials
16%
Gainers & Losers in Quant Tax Plan Growth Option Direct Plan portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 Linde India Ltd | 10.4% |
 LTI Mindtree Ltd | 7.6% |
 ITC Ltd | 4.2% |
Peer Analysis
Quant Tax Plan Growth Option Direct Plan Fund Manager
Vasav Sahgal
Fund Manager of Quant Tax Plan Growth Option Direct Plan, since 30 June 2019
Top funds managed
Ankit A. Pande
Fund Manager of Quant Tax Plan Growth Option Direct Plan, since 11 May 2020
Top funds managed
Fund 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 20.04% since inception which is more than its category average return of 12.23%
Fund Allocations
This fund has an allocation of 98.44% in Equity, 0% in Debt and 1.56% in Cash related instruments
AUM size ₹2779 Cr
This fund has AUM of ₹2779 Cr which is more than its category average of ₹ 2528 Cr
Expense Ratio 0.57%
This fund has an expense ratio of 0.57% which is less than its category average expense ratio of 1.56%
Frequently Asked Questions
The current NAV of Quant Tax Plan Growth Option Direct Plan is 239.14 as on 28-Mar-2023.
Existing (Absolute + CAGR)
Quant Tax Plan Growth Option Direct Plan | Absolute Returns | CAGR Returns |
1 Month Returns | -1.21% | -1.21% |
6 Month Returns | -6.44% | -6.44% |
1 Year Returns | -0.19% | -0.19% |
3 Years Returns | 245.8% | 51.22% |
5 Years Returns | 167.6% | 21.76% |
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0.57 as on March 2023
2779 Cr as on March 2023
ITC Ltd(9.68%),Reliance Industries Ltd(9.01%),HDFC Bank Ltd(8.99%),State Bank of India(6.57%),Larsen & Toubro Ltd(5.51%) as on March 2023
Financial Services(24.77%),Consumer Defensive(16.13%),Basic Materials(13.05%) as on March 2023
The alpha ratio for the Quant Tax Plan Growth Option Direct Plan for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant Tax Plan Growth Option Direct Plan | 5.79 | 17.66 | 9.51 |
As on March 2023
The alpha for Quant Tax Plan Growth Option Direct Plan 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 Tax Plan Growth Option Direct Plan for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant Tax Plan Growth Option Direct Plan | 1.13 | 0.96 | 0.99 |
As on March 2023
The Beta for Quant Tax Plan Growth Option Direct Plan 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 Tax Plan Growth Option Direct Plan for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant Tax Plan Growth Option Direct Plan | 0.2 | 1.29 | 0.76 |
As on March 2023
The sharpe ratio for Quant Tax Plan Growth Option Direct Plan 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 Tax Plan Growth Option Direct Plan for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant Tax Plan Growth Option Direct Plan | 19.92 | 24.63 | 21.88 |
As on March 2023
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 2.1 as on March 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.82 as on March 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Vasav Sahgal,Ankit A. Pande are the fund managers of Quant Tax Plan Growth Option Direct Plan
The Exit load of Quant Tax Plan Growth Option Direct Plan is 0%