| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.55% |
| NAV | ₹21.18 (03 Jul 2020) |
|---|---|
| Fund Started | 28 Sep 2011 |
| Fund Size | ₹76 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.0% |
| Reliance Industries Ltd. | Energy | Equity | 9.7% |
| Infosys Ltd. | Technology | Equity | 6.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.1% |
| HCL Technologies Ltd. | Technology | Equity | 2.9% |
Essel Large Cap Equity Fund Growth is a Equity Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 28 Sep 2011. Amit Nigam is the Current Fund Manager of Essel Large Cap Equity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹76 Cr and the Latest NAV as of 03 Jul 2020 is ₹21.18.
The Essel Large Cap Equity Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. For units in excess of 15% of the investment,1% will be charged for redemption within 365 days
The primary investment objective of the scheme is to generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of Equity & equity related securities diversified over various sectors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
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.