| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.38% |
| NAV | ₹15.07 (30 Oct 2020) |
|---|---|
| Fund Started | 30 Dec 2015 |
| Fund Size | ₹56 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.2% |
| HCL Technologies Ltd. | Technology | Equity | 4.1% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 4.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.7% |
| ICICI Bank Ltd. | Financial | Equity | 3.6% |
| PI Industries Ltd. | Chemicals | Equity | 3.3% |
| Infosys Ltd. | Technology | Equity | 3.2% |
| HDFC Bank Ltd. | Financial | Equity | 3.1% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.1% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
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 ₹56 Cr and the Latest NAV as of 30 Oct 2020 is ₹15.07.
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%.