Essel Ultra Short Term Fund Super Institutional Plan Direct Dividend Daily+0.04%

3Groww
7.50%
1 Year Return
Debt
Liquid
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Essel Ultra Short Term Fund Super Institutional Plan Direct Dividend Daily

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.33%
NAV1006.65 (18 Nov 2019)
Fund Started02 Jan 2013
Fund Size25 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Essel Ultra Short Term Fund Super Institutional Plan Direct Dividend Daily
7.5%
7.2%
7.8%
8.2%
Category Average
5.1%
5.7%
6.8%
-
Rank within category
14
8
9
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 7.5% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. Exit load is zero
    Cons
    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. Risk-adjusted returns are lower compared to the category
    4. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Kotak Mahindra Bank Ltd.FinancialCD11.8%
    AU Small Finance Bank Ltd.FinancialCD11.6%
    Axis Bank Ltd.FinancialCD9.9%
    Housing Development Finance Corpn. Ltd.FinancialDebenture8.1%
    LIC Housing Finance Ltd.FinancialBonds7.9%
    REC Ltd.FinancialDebenture4.0%
    See All

    Fund Managers

    addKillol P Pandya
    Education
    Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research.
    Experience
    Prior to joining Peerless Funds Management Co. Limited he has worked with LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.
    Funds Managed

    Other Details

    Essel Ultra Short Term Fund Super Institutional Plan Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Killol Pandya is the Current Fund Manager of Essel Ultra Short Term Fund Super Institutional Plan Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹25 Cr and the Latest NAV as of 18 Nov 2019 is ₹1006.65.

    The Essel Ultra Short Term Fund Super Institutional Plan Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.

    Investment Objective

    To provide optimal returns & liquidity to the investors by investing primarily in a mix of money market & short term debt instruments which results in a portfolio having marginally higher maturity as com-pared to a liquid fund at the same time maintaining a balance between safety & liquidity. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹100
    Min for Second Investment
    Nil
    Exit Load

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    About Essel Mutual Fund

    Address
    "Peerless Mansion", 3rd Floor, 1, Chowringhee Square, Kolkata 700069
    Phone
    033-40185000/ 022-61779922
    Launch Date
    03 Dec 2009
    Essel Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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