quant ELSS Tax Saver Fund - IDCW Option - Regular Plan

quant ELSS Tax Saver Fund - IDCW Option - Regular Plan holds up reasonably well within the ELSS category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 67/100.

Cost: At 0.93%, the expense ratio is roughly in line with the ELSS category average of 1.01% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.47 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 16.07% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.