Fund Details
Essel Large & Midcap Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.34% |
| NAV | ₹20.88 (15 Apr 2021) |
|---|---|
| Fund Started | 07 Dec 2015 |
| Fund Size | ₹112 Cr |
Returns
Comparison
1. Lower expense ratio - 0.29%
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.2% |
| AU Small Finance Bank Ltd. | Financial | Equity | 3.7% |
| Reliance Industries Ltd. | Energy | Equity | 3.7% |
| Max Financial Services Ltd. | Financial | Equity | 3.5% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 3.2% |
| HCL Technologies Ltd. | Technology | Equity | 3.1% |
| MindTree Ltd. | Technology | Equity | 3.0% |
| HDFC Bank Ltd. | Financial | Equity | 2.9% |
| Supreme Industries Ltd. | Chemicals | Equity | 2.7% |
| Kotak Mahindra Bank Ltd. | Financial | 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 ₹112 Cr and the Latest NAV as of 15 Apr 2021 is ₹20.88.
The Essel Large & Midcap Fund Direct Growth is rated Very 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.
