| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.15% |
| NAV | ₹2205.94 (09 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹39 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Union Bank of India | Financial | CD | 13.1% |
| Axis Bank Ltd. | Financial | CD | 12.0% |
| HDB Financial Services Ltd. | Financial | Debenture | 11.4% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 8.7% |
Essel Liquid Fund Super Institutional Plan Direct Growth is a Debt Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Killol Pandya, Archit Shah is the Current Fund Manager of Essel Liquid Fund Super Institutional Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹39 Cr and the Latest NAV as of 09 Aug 2020 is ₹2205.94.
The Essel Liquid Fund Super Institutional Plan Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.