COMPARE
quant ELSS Tax Saver Fund - Growth Option - Direct Plan vs Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Plan - Growth
quant ELSS Tax Saver Fund and Sundaram Long Term Micro Cap Tax Advantage Fund Series IV are both in the ELSS category, from quant Money Managers Limited and Sundaram Asset Management Company Ltd respectively. quant ELSS Tax Saver Fund has posted a higher 3-year rolling CAGR. Sundaram Long Term Micro Cap Tax Advantage Fund Series IV has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV has the lower direct-plan expense ratio, by 0.09 percentage points.
| quant ELSS Tax Saver Fund - Growth Option - Direct Plan | Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Plan - Growth | |
|---|---|---|
| Category | ELSS | ELSS |
| AMC | quant Money Managers Limited | Sundaram Asset Management Company Ltd |
| Benchmark | Nifty 500 TRI | NIFTY Smallcap 100 TRI |
| NAV | ₹438.8371 (2026-10-28) | ₹29.2136 (2026-10-28) |
| AUM | ₹12,672.457 Cr | ₹33.18 Cr |
| Expense Ratio (Direct) | 1.21% | 1.12% |
| Inception | 2000-03-08 | 2016-09-27 |
Returns
quant ELSS Tax Saver Fund leads on 3-year rolling CAGR (21.8% vs Sundaram Long Term Micro Cap Tax Advantage Fund Series IV's 20.8%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager.
Portfolio Analytics
quant ELSS Tax Saver Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
Punji Fund Health Score
quant ELSS Tax Saver Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, quant ELSS Tax Saver Fund or Sundaram Long Term Micro Cap Tax Advantage Fund Series IV?
quant ELSS Tax Saver Fund's 3-year rolling CAGR of 21.8% is higher than Sundaram Long Term Micro Cap Tax Advantage Fund Series IV's 20.8%. quant ELSS Tax Saver Fund sits in the 90th percentile of its category on this metric, versus the 82nd percentile for Sundaram Long Term Micro Cap Tax Advantage Fund Series IV - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, quant ELSS Tax Saver Fund or Sundaram Long Term Micro Cap Tax Advantage Fund Series IV?
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV's direct-plan expense ratio is 0.09 percentage points lower than quant ELSS Tax Saver Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't quant ELSS Tax Saver Fund and Sundaram Long Term Micro Cap Tax Advantage Fund Series IV show risk metrics like Sharpe ratio or alpha?
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, quant ELSS Tax Saver Fund or Sundaram Long Term Micro Cap Tax Advantage Fund Series IV?
quant ELSS Tax Saver Fund has ₹12,672 Cr in assets under management, versus ₹33 Cr for Sundaram Long Term Micro Cap Tax Advantage Fund Series IV. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, quant ELSS Tax Saver Fund or Sundaram Long Term Micro Cap Tax Advantage Fund Series IV?
quant ELSS Tax Saver Fund launched on 2000-03-08, making it older than Sundaram Long Term Micro Cap Tax Advantage Fund Series IV (launched 2016-09-27). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.