| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.60% |
| NAV | ₹13.69 (09 Jul 2020) |
|---|---|
| Fund Started | 07 Dec 2015 |
| Fund Size | ₹91 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 4.6% |
| Vodafone Idea Ltd. | Communication | Equity | 3.8% |
| Bayer CropScience Ltd. | Healthcare | Equity | 3.5% |
| Alkem Laboratories Ltd. | Healthcare | Equity | 3.4% |
| Max Financial Services Ltd. | Financial | Equity | 3.3% |
| United Spirits Ltd. | FMCG | Equity | 3.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.0% |
| PI Industries Ltd. | Chemicals | Equity | 3.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.9% |
| Escorts Ltd. | Automobile | Equity | 2.7% |
Essel Large & Midcap Fund 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹91 Cr and the Latest NAV as of 09 Jul 2020 is ₹13.69.
The Essel Large & Midcap Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. For units in excess of 15% of the investment,1% will be charged for redemption within 365 days
The investment objective of the scheme is to generate medium to long-term capital appreciation by investing predominantly in equity and equity related securities of midcap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
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.