Fund Details
Essel Regular Savings Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.25% |
| NAV | ₹21.03 (22 Jan 2021) |
|---|---|
| Fund Started | 29 Jul 2010 |
| Fund Size | ₹33 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
2. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Risk-adjusted returns are lower compared to the category
9. Higher expense ratio - 2.35%
10. 1Y Returns are lower than the category average returns
11. 5Y Returns are lower than the category average returns
12. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Power Finance Corpn. Ltd. | Financial | Bonds | 12.3% |
| Muthoot Finance Ltd. | Financial | CP | 11.9% |
| Axis Bank Ltd. | Financial | CD | 8.9% |
| India Grid Trust | Engineering | Equity | 4.7% |
| ICICI Bank Ltd. | Financial | Equity | 3.0% |
| Reliance Industries Ltd. | Energy | Equity | 3.0% |
| HDFC Bank Ltd. | Financial | Equity | 2.9% |
| Axis Bank Ltd. | Financial | Equity | 1.4% |
| Bharti Airtel Ltd. | Communication | Equity | 1.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.3% |
Fund Managers
Essel Regular Savings Fund Growth Details
Essel Regular Savings Fund Growth is a Hybrid Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 29 Jul 2010. Amit Nigam, Killol Pandya is the Current Fund Manager of Essel Regular Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹33 Cr and the Latest NAV as of 22 Jan 2021 is ₹21.03.
The Essel Regular Savings Fund Growth is rated Moderate 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
Investment Objective
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.
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.
