Quant ELSS Tax Saver Fund
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.
Growthvine rating: 2/5 — ranked #32 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹411.14 (as of 2026-08-21) |
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| AUM | ₹13,143 Cr |
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| Expense ratio | 1.46% |
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| Riskometer | Very High |
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| Fund manager | Ayusha Kumbhat |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 14.36% |
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| Sharpe ratio | 0.55 |
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| Standard deviation | 18.21% |
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| Max drawdown | -67.91% |
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| Alpha | 2.61 |
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| Beta | 1.11 |
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Over 5 years, captured 115.3% of Nifty 500's upside and 100.8% of its downside.
Market cap allocation
| Large cap | 77.8% |
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| Mid cap | 14.7% |
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| Small cap | 7.6% |
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Concentration
| Top 5 holdings | 42.6% |
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| Top 10 holdings | 63.7% |
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| Total holdings | 31 |
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| Index overlap | 17.5% |
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| Active share | 82.5% |
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Top holdings
- ICICI Bank Ltd. — 10.2%
- Samvardhana Motherson International Limited — 8.5%
- Adani Power Limited — 8.3%
- Aurobindo Pharma Ltd. — 7.9%
- Tech Mahindra Limited — 7.8%
- Adani Green Energy Limited — 5.1%
- Bharti Airtel Ltd. — 4.6%
- Tata Power Co. Ltd — 4.6%
- TREPS 03-Aug-2026 DEPO 10 — 4.3%
- Bharat Heavy Electricals Ltd. — 3.6%
Top sectors
- Energy — 20.0%
- Banking & Financial — 13.8%
- Software & Services — 13.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 9.1% | Q1 (Top) | #9 of 52 |
| 2025 | 6.7% | Q1 (Top) | #12 of 51 |
| 2024 | 9.3% | Q4 (Bottom) | #49 of 51 |
| 2023 | 30.4% | Q2 | #21 of 48 |
| 2022 | 12.3% | Q1 (Top) | #2 of 43 |