Item: Essel Long Term Advantage Fund Direct Growth
Rating: 3
Author: Morningstar

Home › Mutual Funds › Essel Mutual Fund › Essel Long Term Advantage Fund Direct Growth

15.784 (0.142%)

NAV on November 27, 2019

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 58 cr

Turnover Ratio 180.51%

Expense Ratio 0.65%

Exit Load -

Returns

1M: 3.02%
1Y: 11.39%
3M: 9.41%
3Y: 12.80%
6M: 1.01%
5Y: N/A

Min Investment 500

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SECTOR WEIGHTINGS (%)

Financial 50.26%

Industrial 13.25%

Technology 7.5%

Basic Materials 4.93%

Consumer Cyclical 10.13%

Utilities Services 1.35%

Healthcare Services 0.00%

Energy Services 1.46%

Communication Services 0.83%

Consumer Defensive 10.29%

Real Estate 0.00%

INVESTMENT OBJECTIVE

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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Top Rated
Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Axis Long Term Equity Fund Direct Plan Growth Option	52.554	18.32%	21,492 cr	0.92%	Above Average
Tata India Tax Savings Fund Growth Direct Plan	20.517	18.27%	2,009 cr	0.64%	High
Mirae Asset Tax Saver Fund -Direct Plan-Growth	20.009	17.67%	2,671 cr	0.30%	Average
DSP Tax Saver Fund - Direct Plan - Growth	54.044	17.44%	6,103 cr	0.85%	Average
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth	19.868	16.05%	1,584 cr	0.87%	Average
Invesco India Tax Plan - Direct Plan - Growth	58.840	12.10%	962 cr	1.32%	Average
Aditya Birla Sun Life Tax Relief 96 Growth Direct Plan	34.300	8.58%	9,814 cr	—	Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Long Term Equity Fund Direct Plan Growth Option	52.554	18.32%	21,492 cr	0.92%	Above Average
Tata India Tax Savings Fund Growth Direct Plan	20.517	18.27%	2,009 cr	0.64%	High
Mirae Asset Tax Saver Fund -Direct Plan-Growth	20.009	17.67%	2,671 cr	0.3%	Average
DSP Tax Saver Fund - Direct Plan - Growth	54.044	17.44%	6,103 cr	0.85%	Average
BNP Paribas Long Term Equity Fund Direct Plan Growth Option	42.895	16.98%	478 cr	1.25%	Average
JM Tax Gain Fund (Direct) - Growth Option	19.704	16.50%	35 cr	—	High
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth	19.868	16.05%	1,584 cr	0.87%	Average