Fund Details
Essel Large & Midcap Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.69% |
| NAV | ₹19.47 (21 Jan 2021) |
|---|---|
| Fund Started | 07 Dec 2015 |
| Fund Size | ₹107 Cr |
Returns
Comparison
1. Lower expense ratio - 0.42%
2. Exit load is zero
3. 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
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.1% |
| Reliance Industries Ltd. | Energy | Equity | 3.6% |
| Max Financial Services Ltd. | Financial | Equity | 3.6% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 3.5% |
| HCL Technologies Ltd. | Technology | Equity | 3.4% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 2.9% |
| HDFC Bank Ltd. | Financial | Equity | 2.9% |
| Jubilant FoodWorks Ltd. | Services | Equity | 2.8% |
| AU Small Finance Bank Ltd. | Financial | Equity | 2.5% |
| Bharti Airtel Ltd. | Communication | Equity | 2.5% |
Fund Managers
Essel Large & Midcap Fund Direct Growth Details
Essel Large & Midcap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 07 Dec 2015. Amit Nigam is the Current Fund Manager of Essel Large & Midcap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹107 Cr and the Latest NAV as of 21 Jan 2021 is ₹19.47.
The Essel Large & Midcap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
Investment Objective
The scheme seeks to generate medium to long-term capital appreciation by investing predominantly in equity and equity related securities of midcap companies & large cap companies.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
