Is Quant ELSS a good investment?
Quant MF ELSS Funds are ideal for investors who have a higher risk appetite. These funds have the shortest lock-in period of three years as compared to other tax-saving alternatives.
Is it good to invest in quant tax plan?
Quant Tax Plan (Growth) is a good choice within tax saving mutual funds. Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Is it safe to invest in quant mutual fund?
Another risk is that these funds’ performance cannot be compared against the benchmark indices like Sensex or Nifty. So, conservative and moderate risk appetite investors should preferably avoid such quant funds.
Is Mirae ELSS good?
Mirae Asset MF ELSS Funds are ideal for investors who have a higher risk appetite. These funds have the shortest lock-in period of three years as compared to other tax-saving alternatives. It makes them ideal for wealth creation over the long run in a tax-efficient manner.
Is Quant Mutual Fund and Quantum mutual fund same?
No, they both are different mutual fund companies. Quant is the new name of an earlier fund house, Escorts Asset Management. They have a completely different strategy and are not in any way related to Quantum Mutual Fund.
Which is best mutual fund for long term?
List of Long Duration Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| Parag Parikh Flexi Cap Fund | Equity | 46.3\% |
| IIFL Focused Equity Fund | Equity | 36.5\% |
| Axis Growth Opportunities Fund | Equity | 45.0\% |
| Nippon India Pharma Fund | Equity | 18.7\% |
Is quant active fund good?
20 Years. The fund has an Extended history for analysis and the track record is excellent. Explore a better alternative to this fund with a Scripbox plan….Fund Returns.
| Last 1Y | 56\% |
|---|---|
| Last 3Y | 32.6\% |
| Last 5Y | 26.2\% |
| Last 10Y | 22.7\% |
| Since Inception | 19.6\% |
Is Quant a good fund house?
Is Quant mutual fund good? Quant Mutual Fund is one of the oldest and pioneering fund houses in India. With its dynamic and active style of money management, they aspire to generate higher returns for its investors.
Which is the best tax saver fund?
The table below shows the top-performing ELSS mutual funds based on the past five year returns:
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| BOI AXA Tax Advantage Fund Regular Growth | 20.95\% | 29.79\% |
| BOI AXA Midcap Tax Fund Series 1 Direct Growth | — | 29.49\% |
| BOI AXA Tax Advantage Fund – Direct Plan – Growth | 24.43\% | 29.34\% |
Is Mirae Asset Tax Saver Fund good for long term?
Mirae Asset Tax Saver Fund (Growth) is recommended for investment within tax saving mutual funds. Tax saving funds provides tax saving with inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
How does Quant tax plan direct-growth fund compare to other ELSS funds?
The fund has an expense ratio of 0.5\%, which is less than what most other ELSS funds charge. Quant Tax Plan Direct-Growth returns of last 1-year are 89.62\%. Since launch, it has delivered 22.49\% average annual returns. Quant Tax Plan Direct-Growth scheme’s ability to deliver returns consistently is higher than most funds of its category.
What is ELSS or tax saving mutual fund?
Equity Linked Savings Scheme, better known as ELSS or Tax Saving Mutual Funds have seen their prominence and popularity rise in the last couple of years. Reasons attributed for the same is the successful ‘’Mutual Funds Sahi Hai’’ campaign carried out by AMFI and decent performance by the said scheme in specific and markets in general.
What is NAV of Quant tax plan for Apr 16 2021?
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date. The NAV of Quant Tax Plan for Apr 16, 2021 is 172.8159.
What is the portfolio turnover of quantquant tax plan?
Quant Tax Plan had a portfolio turnover of 4.39 (past 1 year) as on 31st April 2021. Additional reading: Click Here to read about the various types of equity mutual funds What is a portfolio turnover ratio? A turnover ratio basically tells you the extent to which your portfolio has been churned.