Fund Details
Essel Large Cap Equity Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.55% |
| NAV | ₹28.12 (13 Apr 2021) |
|---|---|
| Fund Started | 28 Sep 2011 |
| Fund Size | ₹95 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.55%
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.8% |
| ICICI Bank Ltd. | Financial | Equity | 8.2% |
| Infosys Ltd. | Technology | Equity | 7.4% |
| HDFC Bank Ltd. | Financial | Equity | 5.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.8% |
| Axis Bank Ltd. | Financial | Equity | 3.4% |
| Indusind Bank Ltd. | Financial | Equity | 3.0% |
| Wipro Ltd. | Technology | Equity | 2.9% |
Fund Managers
Essel Large Cap Equity Fund Growth Details
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 ₹95 Cr and the Latest NAV as of 13 Apr 2021 is ₹28.12.
The Essel Large Cap Equity Fund 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.
