Quant Tax Plan Growth - Regular - Latest NAV [ ₹211.8935 ], Returns, Performance, Portfolio & Returns 2021

Quant Tax Plan Growth

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  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Note: Every instalment of SIP and every lumpsum order must complete the lock-in period before redemption.
Average Annualised Returns i
Tax rates i
30%Not taxable10%*
Returns after tax i
Current rate of Inflation i
Real Rate of Return i
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years18.13%
5 Years23.49%
3 Years30.44%
1 Year82.36%
6 Months36.88%
Fund Details
RiskVery High Risk
Fund TypeELSS (Tax Savings)
Exit Load--

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd9.59%
Vedanta Ltd8.19%
State Bank of India7.89%
ITC Ltd7.01%
HDFC Bank Ltd5.79%
Indiabulls Real Estate Ltd5.46%
Oracle Financial Services Software Ltd4.91%
ICICI Bank Ltd3.67%
Adani Ports & Special Economic Zone Ltd3.64%
ICICI Securities Ltd3.29%

About Quant Tax Plan

Being an open-ended Equity Linked Savings Scheme (ELSS), the fund invests primarily in equity and equity related securities of companies of different market capitalisation and across sectors. It aims to accumulate wealth over the long term horizon by maintaining a well-diversified growth-oriented portfolio. The income earned by way of dividends may supplement the fund. However, the scheme does not guarantee assured returns.

Pros & Cons of Quant Tax Plan

Quant Tax Plan offers 3 benefits:

  1. Save upto ?46,800 in taxes under section 80C of Income Tax Act, 1961 (by investing in ELSS funds)
  2. Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility.
  3. Being a star-rated fund, it has consistently beaten its category and the benchmark in the 3 year and 5 year time horizon.

Fund Information and Statistics of Quant Tax Plan

i) Inception / Launch date

Quant Tax Plan was launched on 1 April 2000 by Quant Mutual Fund.

ii) Risk level

Being a multi-cap fund, Quant Tax Plan is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Sanjeev Sharma, who holds a rich experience in fixed income i.e. G-sec and related instruments, has been managing the Quant Tax Plan since February 2017. Mr. Shamil Mehra manages the equity segment of the fund.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in Quant Tax Plan. However, the investor would be able to redeem the units of the scheme only upon completion of the lock-in period of 3 years from the date of allotment.

Tax benefits of investing in Quant Tax Plan

Quant Tax Plan has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.

About Quant Mutual Fund

After being established in April 2000, Quant Mutual Fund has witnessed remarkable growth. It seeks to build an open architecture which brings together domain knowledge coupled with expertise in technology and research. The fund house aims to forge lasting relationships with all its stakeholders.

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Frequently Asked Questions

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Start your investment

Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns