Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 54.32 as on 23-04-2024
Fund Performance
700 people have invested ₹ 41.1L in Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan in the last three months
About the Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ankit A. Pande. The fund could potentially beat inflation in the long-run.
Key Parameters
- Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan has ₹8342 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan Overview
 | 0.76% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹8342 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 130.26% |
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan Distribution as on (31-Mar-24)
Size breakup
Large cap
73%
Mid cap
13.4%
Small cap
11.6%
Sector Allocation
Basic Materials
19.8%
Financial Services
19.5%
Utilities
15.1%
Energy
9.9%
Tech
9%
Industrial
7.8%
Consumer Cyclical
7.4%
Health
5.9%
Consumer Defensive
4.2%
Communication
1.5%
Top Holdings of Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan as on (31-Mar-24)
Equity Holdings44
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.17% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.64% in Mar'24
AUM Change
- AUM of the fund stands at 7.8K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Hindalco Industries Ltd | 18.1% |
 Jio Financial Services Ltd | 13.4% |
 Aurobindo Pharma Ltd | 8.2% |
Peer Analysis
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan Fund Manager
Ankit A. Pande
Fund Manager of Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan, since 11 May 2020
Top funds managed
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan 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 22.41% since inception which is more than its category average return of 15.65%
Fund Allocations
This fund has an allocation of 98.32% in Equity, 0% in Debt and 1.68% in Cash related instruments
AUM size ₹8342 Cr
This fund has AUM of ₹8342 Cr which is more than its category average of ₹ 3525 Cr
Expense Ratio 0.76%
This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan is ₹54.32 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 7.05% | 7.05% |
6 Month Returns | 39.76% | 39.76% |
1 Year Returns | 63.72% | 63.72% |
3 Years Returns | 133.9% | 32.74% |
5 Years Returns | 330.48% | 33.9% |
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0.76% as on March 2024
₹8342 Cr as on March 2024
Reliance Industries Ltd(9.77%), Adani Power Ltd(7.41%), Jio Financial Services Ltd(6.62%), Tata Consultancy Services Ltd(5.2%), Hindalco Industries Ltd(4.89%) as on March 2024
Basic Materials(19.44%), Financial Services(19.15%), Utilities(14.84%) as on March 2024
The alpha ratio for the Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan | 7.2 | 11.02 | 12.65 |
As on March 2024
The alpha for Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option 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 ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan | 1.16 | 1.03 | 1 |
As on March 2024
The Beta for Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option 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 ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan | 2.98 | 1.47 | 1.19 |
As on March 2024
The sharpe ratio for Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option 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 ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan | 13.43 | 16.88 | 21.38 |
As on March 2024
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 3 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.34 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ankit A. Pande is the fund manager of Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan
The Exit load of Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option Option Direct Plan is 0%