Fund Details
Essel Large Cap Equity Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.61% |
| NAV | ₹31.61 (20 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹95 Cr |
Returns
Comparison
1. Lower expense ratio - 1.01%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.7% |
| HDFC Bank Ltd. | Financial | Equity | 5.4% |
| HCL Technologies Ltd. | Technology | Equity | 5.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.7% |
| Infosys Ltd. | Technology | Equity | 4.5% |
| Bharti Airtel Ltd. | Communication | Equity | 4.3% |
| Reliance Industries Ltd. | Energy | Equity | 3.8% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 3.8% |
| Wipro Ltd. | Technology | Equity | 3.7% |
| Indusind Bank Ltd. | Financial | Equity | 2.9% |
Fund Managers
Essel Large Cap Equity Fund Direct Growth Details
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 ₹95 Cr and the Latest NAV as of 20 Jan 2021 is ₹31.61.
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.
Investment Objective
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.
Tax Implications
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.
