Essel Liquid Fund Super Institutional Plan Direct Dividend Monthly+0.01%

2
4.58%
1 Year Return
Debt
Liquid
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Essel Liquid Fund Super Institutional Plan Direct Dividend Monthly

RiskLow
Min SIP Amount₹500
Expense Ratio0.15%
NAV1001.86 (07 Aug 2020)
Fund Started04 Feb 2013
Fund Size39 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Essel Liquid Fund Super Institutional Plan Direct Dividend Monthly
4.6%
6.4%
6.9%
7.7%
Category Average
5.4%
6.4%
6.8%
-
Rank within category
34
29
22
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 4.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
    2. 1Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Union Bank of IndiaFinancialCD13.1%
    Axis Bank Ltd.FinancialCD12.0%
    HDB Financial Services Ltd.FinancialDebenture11.4%
    Housing Development Finance Corpn. Ltd.FinancialCP8.7%

    Fund Managers

    addSaravana Kumar
    Education
    Mr. Kumar has an Engineering degree in Electronics & Telecommunications. He is an MBA (Finance) from IIM Bangalore & is a CAIIB.
    Experience
    Prior to joining Essel Mutual Fund he has worked with LIC Mutual Fund, he had been Head of Investments at Trust Investment Advisors Pvt. Ltd.(Oct'13-April'15), CIO at AIA Life Insurance Co. Ltd.(Oct'09-Sept'13) , Dy. GM at ICICI Bank Ltd.(Mar'03-Sept'09) & Fund Manager at SBI(2001-2003).
    Funds Managed
    addKillol P Pandya
    Education
    Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research.
    Experience
    Prior to joining Peerless Funds Management Co. Limited he has worked with LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.
    Funds Managed

    Essel Liquid Fund Super Institutional Plan Direct Dividend Monthly Details

    Essel Liquid Fund Super Institutional Plan Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 04 Feb 2013. Killol Pandya, Archit Shah is the Current Fund Manager of Essel Liquid Fund Super Institutional Plan Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹39 Cr and the Latest NAV as of 07 Aug 2020 is ₹1001.86.

    The Essel Liquid Fund Super Institutional Plan Direct Dividend Monthly 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.

    Investment Objective

    To provide high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market & debt securities. However, there can be no assurance that the investment objective 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
    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.
    Exit Load

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    About Essel Mutual Fund

    Address
    "Peerless Mansion", 3rd Floor, 1, Chowringhee Square, Kolkata 700069
    Phone
    033-40185000/ 022-61779922
    Launch Date
    04 Dec 2009
    Essel Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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