Essel Ultra Short Term Fund Super Institutional Plan Direct Growth 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹25 Cr and the Latest NAV as of 21 Nov 2019 is ₹2185.80.
The Essel Ultra Short Term Fund Super Institutional Plan Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.
Investment Objective
The investment objective is to provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity. However, there can be no assurance that the investment objective of the scheme will be achieved.
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