Quant Tax Saver Mutual Fund

Quant Tax Saver Funds are diversified equities funds that give you the chance to build long-term wealth in a way that is tax-efficient. These funds are perfect for investors who have a higher risk tolerance because they have a 3-year lock-in period.

Best Mutual Funds 2024

Returns

Sort by

Mutual Fund Schemes
NAV
5Y Returns
AUM(in Cr.)
Compare
51.61Mar 28, 2024
33%
₹7,769
387.19Mar 28, 2024
33%
₹7,769
48.76Mar 28, 2024
31%
₹7,769
351.03Mar 28, 2024
30%
₹7,769

Investment Objective

Diversified equity funds called Quant ELSS Mutual Funds are designed to give investors the chance to accumulate wealth in the long run. According to the fund's mandate, the fund's primary investments are in equities and derivatives related to equities in a specific proportion. After doing thorough research, the fund manager chooses high-quality equities to guarantee that the returns from the portfolio continue to meet expectations. The lock-in period for these funds is three years. Under Section 80C of the Income Tax Act, you are qualified for a tax deduction amounting to Rs 1.5 lakh when you invest in Quant MF ELSS Funds. Your investment is deducted from the taxable income in this scenario, and hence your overall tax obligation is decreased.

Risks Involved in Quant ELSS Mutual Fund

Comparing Quant ELSS Mutual Funds to balanced funds and debt funds, they have moderately high market risk. The value of the fund may change whenever the price of the concerned stock does. The constant changes in the stock market's volume and price, interest rates, currency rates, governmental policies, various economic developments, and tax regulations could all have an impact on stock values. This type of fund is less risky than mid-cap funds and sector/pure small-cap/theme-based funds because of their well-diversified portfolios. Moreover, if you invest over extended periods of time, the risks might average out. Before investing in the plan, investors may take into account their individual risk appetite.

Return Potential of the Quant ELSS Mutual Fund

You receive rewards from investing in Quant ELSS Mutual Funds in the form of recurring dividend payments and capital growth. Increases in the concerned stock prices over a specific investing horizon lead to capital appreciation. The three-year lock-in period enables the fund management to decide on asset allocation without worrying about frequent redemptions of funds. Long-term returns might be higher as a result of this comprehensive strategy. Historically, ELSS funds have been known to produce returns that range from 12% to 15% on average over a period longer than 5 years. However, Quant ELSS Mutual Funds do not guarantee guaranteed returns, and their performance may change over time. A regular investor can think about including a few mid-cap or small-cap in the total portfolio to increase returns.

Who Should Invest in the Quant ELSS Mutual Fund?

For investors with a higher tolerance for risk, Quant MF ELSS funds are the best option. Comparing these funds to other options through which one can save on taxes, their three-year lock-in term is the shortest. They are therefore perfect for long-term, tax-efficient wealth growth. To accomplish long-term objectives like funding a child's education, saving for retirement, or purchasing a home, investors may invest in Quant MF ELSS Funds. You must maintain your investment throughout the lock-in period in order to appreciate the full potential of these funds. This could also mean keeping only those surpluses in these accounts that you won't need anytime soon.

Things to Consider Before Investing in the Quant ELSS Mutual Fund

If one is purchasing a Quant ELSS Mutual Fund, the following factors need to be taken into account. The Quant ELSS Mutual Fund's performance is impacted by several variables.

  • Ratio of Expense
  • Composition of Portfolio
  • Quant ELSS Mutual Fund Risk
  • The Returns
  • Horizon of Investment

Tax on Quant ELSS Mutual Fund

Under Section 80C of the Indian Income Tax Act, Indian investors who participate in Quant ELSS Mutual Fund schemes are eligible for a Rs. 1.50 lakh income tax deduction. However, this is not a cap. Additionally, sums above this can be put into the Quant ELSS Mutual Fund. It has the same benefits from capital gains taxes as other equity schemes with a focus on India (gains are taxed at a fixed rate of 10%*).

Get your latest Credit Score, FREE

Quant Other MF Categories

Mutual Funds Calculator

FAQs

How is Quant ELSS Mutual Fund doing?

The Quant ELSS Mutual Fund approaches asset management differently and uniquely from other businesses.

Is Quant ELSS Mutual Fund safe?

Market risks might affect mutual funds. The Quant mutual fund managers, however, take every precaution to ensure a secure allocation.

Is it good to invest in equity funds?

It is among the best investment options because it has a three-year lock-in period, the potential for higher returns, and tax benefits.

Mutual Funds Guide

Get in-depth knowledge about all things related to Mutual Funds and your finances

Mar 12, 2024

International Mutual Funds

\International mutual funds are hidden gems in investment. These ideally allow you to invest in different countries, empowering you to diversify the portfolio across various economies, currencies, and sectors. Internatio

Feb 29, 2024

​​10 Best SIP Plans for Rs. 1000

The need for disciplined and strategic investment is becoming increasingly apparent as the financial industry develops and changes. Investing in your future has never been easier or more accessible than with the 10 best

Feb 29, 2024

How to Invest in SIP

Mutual funds are the new piggy banks. Everyone looking to multiply their wealth via mutual funds ponders over one perennial question – how to invest in a SIP? While it might sound very complex and tedious, it actua

Feb 29, 2024

Best Investment Plan for 1 Year

 For those seeking relatively quick returns or managing financial goals within a limited timeframe, mutual funds could make a substantial difference. Mutual funds, essentially pools of money managed by professionals, pro

Feb 29, 2024

How to stop a Mutual Fund SIP?

Investing in mutual funds through a Systematic Investment Plan (SIP) is a widely embraced strategy for those looking to gradually build wealth with disciplined and consistent contributions. However, life’s uncertai

Feb 29, 2024

Withdrawing from Mutual Funds

When it comes to managing your investments, mutual funds are a popular choice for those looking to expand their portfolio and earn steady returns. However, there may come a time when you need to withdraw money from your

Feb 29, 2024

Flexi Cap Fund

Are you tired of the same old mutual funds that limit your investment options and returns? Do you want to explore the full potential of the stock market and invest in the best companies across all sizes and sectors? If y

Feb 29, 2024

STCG Tax on Mutual Fund

As an investor in mutual funds, you may be aware of the various benefits they offer, such as diversification, professional management, and liquidity. But do you also know about the tax implications of your mutual fund in

Feb 29, 2024

Conservative Hybrid Funds

A conservative hybrid fund is known as a low-risk investment option. The name gives you a fair idea of a conservative hybrid fund’s associated risk, offering a unique combination of safety, stability, and potential

Feb 29, 2024

Fund of Funds (FOFs)

Are you looking for a way to diversify your investments and access a variety of funds with different strategies and asset classes? If yes, then you might want to consider Fund of Funds (FOFs) as an option. FOFs are mutua

Feb 28, 2024

Expense Ratios: Calculations, Components, and Investment Impact

The expense ratio is one of the most critical yet often overlooked aspects of investing in mutual funds and ETFs. Whether you’re a seasoned investor or just starting to dip your toes into finance, understanding thi

Feb 28, 2024

Total Expense Ratio (TER)

The Total Expense Ratio (TER) is a significant indicator of the expenses associated with overseeing and running an investment fund, like a mutual fund or Exchange-Traded Fund (ETF). Calculated as a percentage of the fund

Feb 14, 2024

Indexation in Mutual Funds

‘Indexation’ is a pivotal term for investors during decision-making. It is also considered vital to reduce tax liabilities associated with investments, especially in debt mutual funds. Although calculating In

Feb 13, 2024

Yield to Maturity

Yield to Maturity (YTM) stands out as a pivotal concept among investors. It’s a term that often bounces around in financial discussions, yet its understanding remains elusive to many. Whether you’re a novice

Feb 07, 2024

What is Arbitrage Fund

Arbitrage funds are a type of investment strategy. I.e., the funds generate income by simultaneously buying and selling securities in various markets for different prices. As exploiting the price differences between the

Urban Money