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Essel Long Term Advantage Fund (Growth)

Returns (3yrs)
0.12 %
Latest NAV
13.51

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Tax Saver Plan
Better than Insurance, FD

Fund Information

as on 9th of August, 06:44 AM

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act,1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme,subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act,1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized.

Fund Managers

  • profile-pic
    Saravana Kumar
  • expense-ratio
    Expense Ratio
    2.33
    benchmark
    Benchmark
    S&P BSE 100 India TR INR
  • Aum image
    AUM
    ₹ 51.92 Crores
    ISIN
    ISIN
    INF959L01CF0
  • Category Risk:

    Moderately High risk

Holding Information

as on 9th of August, 06:44 AM

Top Holding

Vodafone Idea Ltd
10%
Treps (Including Tbill Held As Collateral)/Reverse Repo/Net Current Assets/
6%
Hindustan Unilever Ltd
5%
Bharti Airtel Ltd
5%
Tata Consultancy Services Ltd
4%

Top Sectors

Financial Services
24%
Communication Services
15%
Consumer Defensive
15%
Healthcare
10%
Technology
9%

Allocation

Equity
94%
Others
6%
Debt
0%

Investment Return Calculator

as on 9th of August, 06:44 AM
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Transaction

as on 9th of August, 06:44 AM
Minimum SIP Amount
500
Minimum Lumpsum Amount
500
Lumpsum Multiple
500
SIP Multiple
500

About the Fund

Essel Long Term Advantage Fund Regular Growth is a Tax Saving Equity fund and has delivered an annualised return of 0.12% over a period of 3 years. The fund is managed by Essel Funds Management Company Ltd. The fund managers names are Saravana Kumar. The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act,1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme,subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act,1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized. The fund charges 2.33000%. The minimum SIP amount for this is ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500.

Disclaimer: Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund company before taking any Investment action based on this information.