Mirae Asset ELSS Tax Saver Fund vs Quant ELSS Tax Saver Fund
Detailed stock-level portfolio comparison and mutual fund overlap analysis.
Real-World Rupee Impact: What 10.2% Overlap Means for Your Wealth
If you invest an equal ₹1,00,000 portfolio base across both schemes (₹50,000 in Mirae and ₹50,000 in Quant):
The Portfolio Verdict: Should You Hold Both?
Mirae Asset ELSS and Quant ELSS feature low overlap (~10%). For Section 80C tax savers, pairing these two offers distinct portfolio styles across a mandatory 3-year lock-in period: Mirae provides stability through disciplined quality growth, while Quant generates alpha through agile quantitative momentum.
How Is This 10.2% Overlap Calculated?
Rather than merely matching stock names, our quantitative engine measures the minimum common portfolio weight for every security intersecting across both statutory AMFI disclosures:
Worked Example with Bharti Airtel Ltd.:
Mirae allocates 3.60% and Quant allocates 4.18%. Your guaranteed common, duplicated exposure to Bharti Airtel Ltd. is . Repeating this calculation across all 5 common stocks and summing their minimum common weights produces your exact 10.2% portfolio overlap.
4-Point Audit Checklist: Choosing Between These Two Funds
Category Mandate & Style
Overlap is moderate to low (10.2%). They can comfortably coexist in a portfolio if their market-cap orientation or investing styles (value vs growth) remain complementary.
Expense Ratio (Fee Drag)
Mirae charges 1.02% vs Quant at 1.22%. Over 10–15 years, a 0.20%+ fee difference compounds into lakhs of rupees in net corpus disparity.
Sector & Single-Stock Concentration
Check the combined sector weights below. If both funds heavily tilt toward the same sector (e.g. Banking or Tech), your portfolio is taking on concentrated cyclical risk.
Portfolio Rebalancing Action
Both schemes can be retained if they fit your asset allocation, but ensure your overall portfolio stays capped at 4 to 6 total mutual funds.
Scheme Profile Comparison
| Metric | Mirae Asset ELSS Tax Saver Fund | Quant ELSS Tax Saver Fund |
|---|---|---|
| Fund House / AMC | Mirae Asset Mutual Fund | Quant Mutual Fund |
| AMFI Direct Scheme Code | 135781 | 120847 |
| Total Equity Holdings | 69 stocks | 33 stocks |
| Expense Ratio (TER) | 1.02% | 1.22% |
| Disclosure Filing Date | Sep 30, 2026 | Sep 30, 2026 |
Top Overlapping Holdings
Companies held simultaneously by both schemes, ranked by cumulative portfolio overlap weight.
| Company Name | Sector | Weight in Mirae | Weight in Quant | Overlap Exposuremin(WA, WB) |
|---|---|---|---|---|
Bharti Airtel Ltd.INE397D01024 | Telecom - Services | 3.60% | 4.18% | 3.60% |
Infosys Ltd.INE009A01021 | IT - Software | 1.96% | 2.34% | 1.96% |
Reliance Industries Ltd.INE002A01018 | Petroleum Products | 4.34% | 1.80% | 1.80% |
Divi's Laboratories Ltd.INE361B01024 | Pharmaceuticals & Biotechnology | 1.48% | 4.12% | 1.48% |
Tata Power Company Ltd.INE245A01021 | Power | 1.34% | 4.38% | 1.34% |
Looking for all 5 overlapping holdings?
This curated snapshot highlights the top 8 common stocks. Use our free, interactive Mutual Fund Overlap Calculator to inspect all common holdings, calculate your Effective Number of Stocks (ENS), and simulate custom rupee allocations (₹ or %).
Sector Allocation Breakdown
How both schemes allocate capital across key Indian economic sectors.
| Sector | Mirae (%) | Quant (%) | Combined Weight (%) |
|---|---|---|---|
| Banks | 25.6% | 0.0% | 25.6% |
| Pharmaceuticals & Biotechnology | 8.9% | 15.2% | 24.2% |
| Power | 1.3% | 22.2% | 23.5% |
| Auto Components | 3.0% | 10.2% | 13.2% |
| Capital Markets | 0.8% | 9.3% | 10.1% |
| Telecom - Services | 5.1% | 5.0% | 10.1% |
Frequently Asked Questions
What is the stock overlap between Mirae Asset ELSS Tax Saver Fund and Quant ELSS Tax Saver Fund?
Based on statutory AMFI monthly disclosures as of Sep 30, 2026, the portfolio overlap betweenMirae Asset ELSS Tax Saver Fund and Quant ELSS Tax Saver Fund is 10.2%. They hold 5 stocks in common.
Can I invest in both Mirae Asset ELSS Tax Saver Fund and Quant ELSS Tax Saver Fund simultaneously?
Mirae Asset ELSS and Quant ELSS feature low overlap (~10%). For Section 80C tax savers, pairing these two offers distinct portfolio styles across a mandatory 3-year lock-in period: Mirae provides stability through disciplined quality growth, while Quant generates alpha through agile quantitative momentum.
Which fund has a lower expense ratio?
Mirae Asset ELSS Tax Saver Fund charges a Total Expense Ratio (TER) of 1.02% (Direct Plan), whileQuant ELSS Tax Saver Fund charges 1.22% (Direct Plan).Mirae Asset ELSS Tax Saver Fund is currently more cost-effective by 0.20%.
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