|Min SIP Amount||₹500|
|NAV||₹22.39 (07 Aug 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹35 Cr|
|ICICI Bank Ltd.||Financial||CD||13.4%|
|Power Finance Corpn. Ltd.||Financial||Bonds||11.9%|
|Union Bank of India||Financial||CD||11.7%|
|HDB Financial Services Ltd.||Financial||Debenture||10.7%|
|India Grid Trust||Engineering||Equity||3.8%|
|Reliance Industries Ltd.||Energy||Equity||2.2%|
|ICICI Bank Ltd.||Financial||Equity||1.9%|
|HDFC Bank Ltd.||Financial||Equity||1.8%|
|Bharti Airtel Ltd.||Communication||Equity||1.4%|
Essel Regular Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Amit Nigam, Killol Pandya is the Current Fund Manager of Essel Regular Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹35 Cr and the Latest NAV as of 07 Aug 2020 is ₹22.39.
The Essel Regular Savings Fund Direct 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
To generate regular income through a portfolio of predominantly high quality fixed income securities and with a marginal exposure to equity and equity related instruments. 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 as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.