Essel Flexible Income Fund Direct Growth is a Debt Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Killol Pandya is the Current Fund Manager of Essel Flexible Income Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹10 Cr and the Latest NAV as of 20 Aug 2018 is ₹14.95.
The Essel Flexible Income Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.
Investment Objective
The primary investment objective of the scheme will endeavour to generate reasonable returns through active duration management of the portfolio, while maintaining liquidity by investing in debt instruments including bonds, debentures and Government securities and money market instruments over various maturity periods. 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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹100
Min for Second Investment