Fund Details
Essel Large Cap Equity Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.31% |
| NAV | ₹32.36 (09 Apr 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹95 Cr |
Returns
Comparison
1. Lower expense ratio - 0.21%
2. Exit load is zero
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
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 |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.2% |
| ICICI Bank Ltd. | Financial | Equity | 8.5% |
| Infosys Ltd. | Technology | Equity | 6.8% |
| HDFC Bank Ltd. | Financial | Equity | 5.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.6% |
| Indusind Bank Ltd. | Financial | Equity | 4.6% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Wipro Ltd. | Technology | Equity | 3.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.9% |
| Axis Bank Ltd. | Financial | Equity | 3.6% |
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 09 Apr 2021 is ₹32.36.
The Essel Large Cap Equity Fund Direct Growth is rated Very 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.
