Essel Regular Savings Fund Growth is a Hybrid Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was introduced to investors on 29 Jul 2010. Amit Nigam, Killol Pandya is the Current Fund Manager of Essel Regular Savings Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹39 Cr and the Latest NAV as of 14 Oct 2019 is ₹19.43.
The Essel Regular Savings Fund Growth is rated Moderate risk. Minimum SIP Investment is 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. 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
For units in excess of 15% of the investment,1% will be charged for redemption within 365 days
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