| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.01% |
| NAV | ₹25.37 (30 Oct 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹84 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.0% |
| ICICI Bank Ltd. | Financial | Equity | 7.4% |
| HCL Technologies Ltd. | Technology | Equity | 5.4% |
| Infosys Ltd. | Technology | Equity | 4.9% |
| HDFC Bank Ltd. | Financial | Equity | 4.4% |
| Bharti Airtel Ltd. | Communication | Equity | 4.2% |
| Wipro Ltd. | Technology | Equity | 3.6% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 3.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.7% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 2.6% |
Essel Large Cap Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Amit Nigam is the Current Fund Manager of Essel Large Cap Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹84 Cr and the Latest NAV as of 30 Oct 2020 is ₹25.37.
The Essel Large Cap Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
The scheme seeks to generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of Equity & equity related securities diversified over various sectors of large cap companies.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.