|Min SIP Amount||₹500|
|NAV||₹18.35 (20 Jan 2021)|
|Fund Started||30 Dec 2015|
|Fund Size||₹62 Cr|
|ICICI Bank Ltd.||Financial||Equity||5.3%|
|Dixon Technologies (India) Ltd.||Engineering||Equity||4.4%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.9%|
|HDFC Bank Ltd.||Financial||Equity||3.9%|
|Reliance Industries Ltd.||Energy||Equity||3.8%|
|HCL Technologies Ltd.||Technology||Equity||3.5%|
|Bajaj Finance Ltd.||Financial||Equity||3.4%|
|Bharti Airtel Ltd.||Communication||Equity||3.1%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||2.8%|
Essel 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 Essel Long Term Advantage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹62 Cr and the Latest NAV as of 20 Jan 2021 is ₹18.35.
The Essel Long Term Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.