| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.32% |
| NAV | ₹21.70 (26 Jun 2019) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹13 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Mahindra & Mahindra Financial Services Ltd. | Financial | Bonds/Deb | 46.1% |
| LIC Housing Finance Ltd. | Financial | Bonds | 37.9% |
| AU Small Finance Bank Ltd. | Financial | CD | 7.3% |
Essel Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Killol Pandya is the Current Fund Manager of Essel Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹13 Cr and the Latest NAV as of 26 Jun 2019 is ₹21.70.
The Essel Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500.
The Scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities. However, there can be no assurance that the investment objective of the scheme will be achieved.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.