COMPARE
quant ELSS Tax Saver Fund - Growth Option - Direct Plan vs Sundaram Long Term Tax Advantage Fund Series III Direct Plan - Growth
quant ELSS Tax Saver Fund and Sundaram Long Term Tax Advantage Fund Series III are both in the ELSS category, from quant Money Managers Limited and Sundaram Asset Management Company Ltd respectively. Sundaram Long Term Tax Advantage Fund Series III has posted a higher 3-year rolling CAGR. Sundaram Long Term Tax Advantage Fund Series III has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Sundaram Long Term Tax Advantage Fund Series III has the lower direct-plan expense ratio, by 0.20 percentage points.
| quant ELSS Tax Saver Fund - Growth Option - Direct Plan | Sundaram Long Term Tax Advantage Fund Series III Direct Plan - Growth | |
|---|---|---|
| Category | ELSS | ELSS |
| AMC | quant Money Managers Limited | Sundaram Asset Management Company Ltd |
| Benchmark | Nifty 500 TRI | BSE 500 TRI |
| NAV | ₹438.8371 (2026-10-28) | ₹29.7351 (2026-10-28) |
| AUM | ₹12,672.457 Cr | ₹31.35 Cr |
| Expense Ratio (Direct) | 1.21% | 1.01% |
| Inception | 2000-03-08 | 2017-12-27 |
Returns
Sundaram Long Term Tax Advantage Fund Series III leads on 3-year rolling CAGR (23.4% vs quant ELSS Tax Saver Fund's 21.8%) - 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 and Sundaram Long Term Tax Advantage Fund Series III carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, quant ELSS Tax Saver Fund or Sundaram Long Term Tax Advantage Fund Series III?
Sundaram Long Term Tax Advantage Fund Series III's 3-year rolling CAGR of 23.4% is higher than quant ELSS Tax Saver Fund's 21.8%. Sundaram Long Term Tax Advantage Fund Series III sits in the 98th percentile of its category on this metric, versus the 90th percentile for quant ELSS Tax Saver Fund - 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 Tax Advantage Fund Series III?
Sundaram Long Term Tax Advantage Fund Series III's direct-plan expense ratio is 0.20 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 Tax Advantage Fund Series III 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 Tax Advantage Fund Series III?
quant ELSS Tax Saver Fund has ₹12,672 Cr in assets under management, versus ₹31 Cr for Sundaram Long Term Tax Advantage Fund Series III. 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 Tax Advantage Fund Series III?
quant ELSS Tax Saver Fund launched on 2000-03-08, making it older than Sundaram Long Term Tax Advantage Fund Series III (launched 2017-12-27). 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.