|Min SIP Amount||₹500|
|NAV||₹2178.16 (29 Oct 2020)|
|Fund Started||19 Feb 2010|
|Fund Size||₹20 Cr|
Essel Ultra Short Term Fund Growth is a Debt Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 19 Feb 2010. Killol Pandya is the Current Fund Manager of Essel Ultra Short Term Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹20 Cr and the Latest NAV as of 29 Oct 2020 is ₹2178.16.
The Essel Ultra Short Term Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
The Scheme seeks to generate a optimal return and liquidity, from a portfolio constituted of money market securities and short term debt securities which results in a portfolio having marginally higher maturity compared to a liquid fund at the same time maintaining a balance between safety and liquidity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.