NRI from all over the world (including U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹47.86
-2.06%
NAV as on 16 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 16 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
10.80%p.a.
Last 1Y
17.32%p.a.
Last 3Y
30.21%p.a.
Last 5Y
15.45%p.a.
Since Inception
About Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option for NRIs
NRIs can achieve long-term capital appreciation by investing in the Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option scheme from Quant Money Managers Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Mar 2000, Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option is ELSS (Tax Savings) fund of its category with 10,799 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option delivered 10.8% annual returns during the last year. It has delivered 15.4% average annual returns since the fund was launched.
- Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
The investment objective of the Scheme is to generate Capital Appreciation by investing predominantly in a well-diversified portfolio of Equity Shares with growth potential. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Reliance Industries Ltd
9.55%
Jio Financial Services Ltd
8.05%
Samvardhana Motherson International Ltd
7.54%
Adani Power Ltd
7.24%
Life Insurance Corporation of India
6.27%
Larsen & Toubro Ltd
5.80%
Grasim Industries Ltd
5.73%
Aurobindo Pharma Ltd
4.93%
Divi's Laboratories Ltd
4.18%
NTPC Ltd
4.15%
Fund Managers
- Vasav Sahgal (Jun 2019 - Present)
- Ankit A. Pande (May 2020 - Present)
Key Information
View Scheme Document
Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Quant ELSS Tax Saver Payout of Income Distribution cum capital withdrawal option
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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