quant Consumption Fund vs Quant ELSS Tax Saver Fund
Direct Plan, Growth option · Data as on 30-10-2026
quant Consumption Fund is a Thematic fund and Quant ELSS Tax Saver Fund is an ELSS fund. In the year to 30-10-2026, quant Consumption Fund (Direct) returned −3.0% and Quant ELSS Tax Saver Fund (Direct) returned 3.0%. quant Consumption Fund charges 1.78% a year and Quant ELSS Tax Saver Fund 1.23% (Direct plans). Their portfolios overlap 45.4%: they hold 10 of the same securities.
quant Consumption Fund
Thematic
- 1 year return
- −3.0%
- Expense ratio
- 1.78%
- NAV
- ₹9.92
Quant ELSS Tax Saver Fund
ELSS
- 1 year return
- 3.0%
- Expense ratio
- 1.23%
- NAV
- ₹442.06
Which is better, quant Consumption or Quant ELSS Tax Saver? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Quant ELSS Tax Saver returned more over 1 year: 3.0% against −3.0%.
- Quant ELSS Tax Saver costs less: 1.23% a year against 1.78% (Direct plans).
- Quant ELSS Tax Saver fell less in its worst fall since 25-01-2024: −25.8% against −30.4%.
- Quant ELSS Tax Saver holds more in large companies: 60.5% of the fund in large caps against 18.4%.
- Quant ELSS Tax Saver is the larger fund: ₹13,103 Cr against ₹180 Cr.
- Their portfolios overlap 45.4%: 10 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | quant Consumption Fund | Quant ELSS Tax Saver Fund |
|---|---|---|
| Fund house | quant Mutual Fund | quant Mutual Fund |
| Category | Thematic | ELSS |
| AUM | ₹180 Cr (30-09-2026) | ₹13,103 Cr (30-09-2026) |
| NAV | ₹9.92 (Direct) | ₹442.06 (Direct) |
| Expense ratio (Direct) | 1.78% | 1.23% |
| Expense ratio (Regular) | 3.28% | 2.16% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | Nifty 500 TRI |
| Launch date | 01-12-2025 | 04-01-2001 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | 3 years |
| Fund managers | Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma | Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma |
| Exit load | Exit load of 1%, if redeemed within 15 days. | Nil |
quant Consumption vs Quant ELSS Tax Saver: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| quant Consumption Fund (Direct) | −3.69% | −3.04% | +3.24% | −3.05% | -- | -- | -- |
| Quant ELSS Tax Saver Fund (Direct) | −2.38% | −3.58% | +2.86% | +2.97% | +14.39% | +14.12% | +19.15% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | +13.05% |
Category average: the average of the 235 Thematic funds and the 50 ELSS funds, same plan type.
quant Consumption vs Quant ELSS Tax Saver: Year-wise Returns
| Year | Consumptionquant Consumption | ELSS Tax SaverQuant ELSS Tax Saver |
|---|---|---|
| 2026to date | +0.26% | +4.35% |
| 2025 | −7.18% | +7.93% |
| 2024 | -- | +10.38% |
| 2023 | -- | +32.03% |
| 2022 | -- | +14.18% |
| 2021 | -- | +63.27% |
quant Consumption vs Quant ELSS Tax Saver: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of quant Consumption Fund
Rolling returns
Every 1-year holding period, 433 of them, one for each trading day from 27-01-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
quant Consumption Fund (Direct)
Quant ELSS Tax Saver Fund (Direct)
Nifty India Consumption TRI
to
Mar 2025Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Feb 2025
to
Feb 2026May 2025
to
May 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| quant Consumption | 76.7 | 21.7 | 1.6 | 0.0 | 0.0 | 0.0 | 0.0 | −5.6% | −6.5% | −17.9% | 7.8% | 17% |
| Quant ELSS Tax Saver | 42.0 | 10.2 | 16.6 | 20.6 | 10.6 | 0.0 | 0.0 | 2.7% | 3.5% | −14.1% | 19.5% | 45% |
| Nifty India Consumption TRI | 23.8 | 30.9 | 29.1 | 14.3 | 1.6 | 0.2 | 0.0 | 3.9% | 4.1% | −14.2% | 20.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty India Consumption TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 25-01-2024. Past returns do not promise future returns.
quant Consumption vs Quant ELSS Tax Saver: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 25-01-2024 to 30-10-2026: 34 instalments, ₹3,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| quant Consumptionquant Consumption Fund (Direct) | ₹3,40,000 | ₹3,26,538 | −₹13,462 | −2.8% |
| Quant ELSS Tax SaverQuant ELSS Tax Saver Fund (Direct) | ₹3,40,000 | ₹3,65,387 | ₹25,387 | 5.0% |
quant Consumptionquant Consumption Fund (Direct)
Quant ELSS Tax SaverQuant ELSS Tax Saver Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
quant Consumption vs Quant ELSS Tax Saver: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | quant Consumption Fund (Direct) | Quant ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.05% | +2.97% |
| Standard deviation | 15.55% | 15.92% |
| Sharpe ratio | -0.53 | -0.14 |
| Sortino ratio | -0.73 | -0.20 |
| Maximum drawdown | −17.8% (30-03-2026) | −12.5% (31-03-2026) |
| Beta | 0.82 | 1.02 |
| Alpha | +4.62% | +10.51% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | quant Consumption Fund (Direct) | Quant ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.30% | +19.19% |
| Standard deviation | 14.58% | 16.78% |
| Sharpe ratio | -0.43 | 0.78 |
| Sortino ratio | -0.59 | 1.07 |
| Maximum drawdown | −30.4% (30-03-2026) | −36.1% (23-03-2020) |
| Beta | 0.80 | 0.92 |
| Alpha | −6.81% | +6.94% |
From daily NAVs, 25-01-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
quant Consumption Fund (Direct)
Quant ELSS Tax Saver Fund (Direct)
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| quant Consumption Fund (Direct) | −30.4% | 27-09-2024 | 30-03-2026 | Not yet | -- | −18.5% |
| Quant ELSS Tax Saver Fund (Direct) | −25.8% | 27-09-2024 | 03-03-2025 | 20-07-2026 | 17 months | −5.8% |
| Nifty India Consumption TRI | −21.9% | 26-09-2024 | 04-03-2025 | Not yet | -- | −13.4% |
From daily values since 25-01-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
quant Consumption Fund (Direct)
Quant ELSS Tax Saver Fund (Direct)
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| quant Consumption Fund (Direct) | 55% | 72% | 11.46% |
| Quant ELSS Tax Saver Fund (Direct) | 88% | 85% | 10.46% |
From month-end values since 25-01-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
quant Consumption vs Quant ELSS Tax Saver: Portfolio Overlap
From each fund's latest monthly portfolio: quant Consumption Fund, September 2026; Quant ELSS Tax Saver Fund, September 2026
Holdings in common
- Overlap
- 45.4%
- Held by both
- 10
- Only in quant Consumption
- 12
- Only in Quant ELSS Tax Saver
- 24
| Security | % of quant Consumption | % of Quant ELSS Tax Saver |
|---|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 10.80% | 10.52% |
| Aurobindo Pharma Limited | 8.94% | 8.49% |
| ICICI Prudential AMC Ltd | 10.44% | 7.56% |
| LG Electronics India Limited | 9.33% | 4.89% |
| Bharti Airtel Limited | 4.57% | 4.18% |
| Adani Power Limited | 3.41% | 9.09% |
| Capri Global Capital Limited | 9.03% | 2.39% |
| Nippon Life India Asset Management Ltd | 8.77% | 1.77% |
| Zydus Lifesciences Limited | 7.16% | 1.60% |
| Ventive Hospitality Limited | 8.03% | 0.59% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 45.4% means 45.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in quant Consumption Fund
| Security | % of fund |
|---|---|
| Colgate-Palmolive (India) Ltd | 4.54% |
| Emami Limited | 4.06% |
| Procter & Gamble Health Limited | 2.17% |
| Zydus Wellness Ltd | 1.86% |
| 91 Days Treasury Bill 22-Oct-2026 | 1.11% |
Largest holdings only in Quant ELSS Tax Saver Fund
| Security | % of fund |
|---|---|
| Samvardhana Motherson International Ltd | 9.37% |
| Adani Green Energy Limited | 4.78% |
| Tata Power Company Limited | 4.38% |
| Divi's Laboratories Limited | 4.12% |
| Adani Energy Solutions Limited | 3.93% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | quant Consumption | Quant ELSS Tax Saver |
|---|---|---|
| Equity | 82.3% | 89.3% |
| Debt | 17.7% | 10.5% |
| Cash and others | -0.0% | 0.2% |
Market cap of stocks
| Market cap | quant Consumption | Quant ELSS Tax Saver |
|---|---|---|
| Large Cap | 18.4% | 60.5% |
| Mid Cap | 40.9% | 23.0% |
| Small Cap | 23.0% | 5.9% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | quant Consumption | Quant ELSS Tax Saver |
|---|---|---|
| N.A. | 82.3% | 89.3% |
The six largest sectors of each fund's stocks, % of the fund.
quant Consumption vs Quant ELSS Tax Saver: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | quant Consumption Fund | Quant ELSS Tax Saver Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.78% | 1.23% |
| Base expense ratio (Direct) | 0.83% | 0.68% |
| Total expense ratio (Regular) | 3.28% | 2.16% |
| Base expense ratio (Regular) | 2.10% | 1.47% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare quant Consumption with
quant Consumption Fund vs Quant ELSS Tax Saver Fund: Frequently Asked Questions
What is the difference between quant Consumption Fund and Quant ELSS Tax Saver Fund?
quant Consumption Fund is a Thematic fund, Quant ELSS Tax Saver Fund is an ELSS fund, run by quant Mutual Fund. Their portfolios overlap 45.4%. quant Consumption Fund charges 1.78% a year and Quant ELSS Tax Saver Fund 1.23%.
Which has given higher returns, quant Consumption Fund or Quant ELSS Tax Saver Fund?
Over 1 year: quant Consumption Fund −3.05%, Quant ELSS Tax Saver Fund +2.97%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, quant Consumption Fund or Quant ELSS Tax Saver Fund?
Quant ELSS Tax Saver Fund charges less: 1.23% a year against 1.78%. These are the Direct plans' total expense ratios reported to AMFI.
How much do quant Consumption Fund and Quant ELSS Tax Saver Fund overlap?
45.4%. They hold 10 of the same securities, the largest shared ones being TREPS 01-Oct-2026 DEPO 10, AUROPHARMA, ICICIAMC. From each fund's latest monthly portfolio.
Which is riskier, quant Consumption Fund or Quant ELSS Tax Saver Fund?
On SEBI's riskometer, quant Consumption Fund is rated Very High and Quant ELSS Tax Saver Fund Very High. Over 1 years, the standard deviation of daily returns was 15.55% and 15.92% a year.
Can I invest in both quant Consumption Fund and Quant ELSS Tax Saver Fund?
Yes. 45.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages quant Consumption Fund and Quant ELSS Tax Saver Fund?
quant Consumption Fund: Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma. Quant ELSS Tax Saver Fund: Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.