Pricing
The free plan includes the full cost and capital gains tax model. That is the part most tools leave out, and charging for it would let someone pay nothing and leave with the wrong impression.
What the paid plans add is breadth: more universes, more formulas, more frequencies, and the tooling that tests whether a result means anything.
Free
Enough to test a rule properly and see what charges and tax do to it.
- Nifty 50 universe
- Momentum, rate of change
- Quarterly rebalancing
- Up to 5 equally weighted positions
- Every charge and tax modelled
- Benchmark taxed on its own basis
- Trade ledger and drawdowns
- Five backtests a day
- Other universes
- Other formulas and frequencies
- Screener and scores view
Pro
For testing rules seriously rather than once. Everything in the platform except the research tooling.
- Everything in Free
- Midcap, smallcap and sector universes
- Your own ticker lists
- All four momentum formulas
- All five valuation metrics
- Monthly to yearly rebalancing
- Independent trend lookback
- Custom weights, up to 25 positions
- Entry filters and R² thresholds
- SIP modelling with XIRR
- Scores view with weighting by rank
- Screener on the latest data
- Stock pages: technicals and accounts
- Unlimited backtests
Research
For work that has to withstand scrutiny — your own or somebody else's.
- Everything in Pro
- Combined universe, all baskets at once
- Two-stage sector composite
- Significance testing on independent periods
- Walk-forward validation
- Monte Carlo against random selection
- Multiple-comparison correction
- Factor decay by holding age
- Data and code fingerprinting
- Export to CSV
- Up to 50 positions
Engine licensing. If you are a SEBI-registered Investment Adviser or Research Analyst and want the cost and tax modelling behind your own work, that is priced individually. You hold the registration; we supply the arithmetic. Write and say so.
What each plan includes
Restrictions are enforced by the calculation engine, not the page, so a locked setting stays locked.
| Feature | Free | Pro | Research |
|---|---|---|---|
| Universes | |||
| Nifty 50 | yes | yes | yes |
| Midcap 100 | — | yes | yes |
| Smallcap 250, official or turnover-derived | — | yes | yes |
| Stocks within sectors | — | yes | yes |
| Sector index rotation | — | yes | yes |
| Two-stage sector composite | — | — | yes |
| All baskets combined | — | — | yes |
| Your own ticker list | — | yes | yes |
| Ranking | |||
| Momentum — rate of change | yes | yes | yes |
| Risk-adjusted and Sharpe-like | — | yes | yes |
| Regression slope, with R² threshold | — | yes | yes |
| Value — P/E, P/B, EV/EBITDA, yields | — | yes | yes |
| Structure | |||
| Quarterly rebalancing | yes | yes | yes |
| Monthly, half-yearly, yearly | — | yes | yes |
| Independent trend lookback | — | yes | yes |
| Custom weights by rank | — | yes | yes |
| Maximum positions | 5 | 25 | 50 |
| Entry filters — EMA and RSI | — | yes | yes |
| SIP with XIRR | — | yes | yes |
| Costs and tax | |||
| Slippage, STT, stamp duty, GST, DP charges | yes | yes | yes |
| Capital gains tax, netted per financial year | yes | yes | yes |
| Loss set-off and carry-forward | yes | yes | yes |
| Benchmark taxed on its own basis | yes | yes | yes |
| Whole shares only, idle cash tracked | yes | yes | yes |
| Liquidity floor | yes | yes | yes |
| Tools | |||
| Backtests per day | 5 | unlimited | unlimited |
| Scores at every rebalance date | — | yes | yes |
| Screener on the latest data | — | yes | yes |
| Stock pages — technicals and accounts | — | yes | yes |
| Significance and walk-forward testing | — | — | yes |
| Monte Carlo against random selection | — | — | yes |
| Factor decay by holding age | — | — | yes |
| Export to CSV | — | — | yes |
| Data and code fingerprinting | — | — | yes |
| Always included | |||
| Stated limitations and known biases | yes | yes | yes |
The last row is not a formality. The limitations page and every caveat in the reports stay free on all plans — charging for the caveats would undermine the only thing that distinguishes this platform.
Questions people ask
Why is the tax model free? Because it is the finding, not a feature. Across our own testing, capital gains tax consumed roughly 60% of the gross outperformance of a quarterly strategy. Somebody who uses only the free plan should still learn that.
Can I cancel? Monthly plans stop whenever you say so and revert to Free at the end of the paid period. Annual plans are refunded pro rata within the first month.
Do you offer a trial? The free plan is the trial, and it does not expire. It runs real backtests with the real cost model on a real universe.
What you are not buying
Not recommendations. No plan includes tips, model portfolios, target prices or a strategy to follow. QuantSmart is not registered with SEBI and does not give investment advice. What you are paying for is arithmetic on a rule you define.
Not a guarantee. The Research tier includes the tools that test whether a result is real. Several of ours were not. That is the point of them, and buying the tier does not mean the answers will be the ones you wanted.
Not advice on your holdings. We will not review a portfolio or comment on a company at any price.
On billing. Paid plans are arranged directly at present rather than through a checkout, so write to us and we will set up access. Prices are in Indian rupees and exclusive of any applicable GST.
The same prices apply wherever you are. Foreign portfolio investors and institutions generally need licensed data feeds, audit trails and service guarantees that a platform of this size does not offer; if that is you, write and we will tell you honestly whether it fits.