Fund Details
Navi Long Term Advantage Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.38% |
| NAV | ₹20.12 (17 Jun 2021) |
|---|---|
| Fund Started | 30 Dec 2015 |
| Fund Size | ₹64 Cr |
Returns
Comparison
1. Lower expense ratio - 0.38%
2. 1Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
5. 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.5% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Reliance Industries Ltd. | Energy | Equity | 5.4% |
| Infosys Ltd. | Technology | Equity | 4.0% |
| Wipro Ltd. | Technology | Equity | 3.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.0% |
| HCL Technologies Ltd. | Technology | Equity | 2.9% |
| Max Financial Services Ltd. | Financial | Equity | 2.6% |
| Bajaj Finance Ltd. | Financial | Equity | 2.6% |
| Axis Bank Ltd. | Financial | Equity | 2.5% |
Fund Managers
Navi Long Term Advantage Fund Direct Growth Details
Navi Long Term Advantage Fund Direct Growth is a Equity Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 30 Dec 2015. Amit Nigam is the Current Fund Manager of Navi Long Term Advantage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹64 Cr and the Latest NAV as of 17 Jun 2021 is ₹20.12.
The Navi Long Term Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
