|Min SIP Amount||₹500|
|NAV||₹1017.28 (07 Aug 2020)|
|Fund Started||14 Jun 2010|
|Fund Size||₹21 Cr|
Essel Ultra Short Term Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 14 Jun 2010. Killol Pandya is the Current Fund Manager of Essel Ultra Short Term Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 07 Aug 2020 is ₹1017.28.
The Essel Ultra Short Term Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.