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Essel Ultra Short Term Fund Growth0.00%

2.99%
1 Year Return
Debt
Ultra Short Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Essel Ultra Short Term Fund Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio1.60%
NAV₹2195.27 (09 Apr 2021)
Fund Started19 Feb 2010
Fund Size25 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.0%
5.1%
5.7%
7.6%
Category Average
4.6%
5.5%
6.1%
-
Rank Within Category
26
10
10
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 3.0% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
2. Age is more than 10 years
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.6%
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Godrej Industries Ltd.FMCGCP12.2%
Housing Development Finance Corpn. Ltd.FinancialCP11.7%
LIC Housing Finance Ltd.FinancialBonds7.9%
REC Ltd.FinancialBonds7.0%
REC Ltd.FinancialBonds0.8%

Fund Managers

Saravana Kumar
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Killol P Pandya
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Archit Shah
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Essel Ultra Short Term Fund Growth Details

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 ₹25 Cr and the Latest NAV as of 09 Apr 2021 is ₹2195.27.

The Essel Ultra Short Term Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.

Investment Objective

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.

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
04 Dec 2009
Essel Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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