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

13.885 (0.730%)

NAV on July 03, 2020

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 47 cr

Turnover Ratio 180.51%

Expense Ratio 0.83%

Exit Load -

Returns

1M: 6.61%
1Y: -10.74%
3M: 29.35%
3Y: 0.75%
6M: -13.11%
5Y: N/A

Min Investment 500

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SECTOR WEIGHTINGS (%)

Financial 18.46%

Industrial 5.25%

Technology 8.64%

Basic Materials 13.68%

Consumer Cyclical 9.23%

Utilities Services 0.0%

Healthcare Services 11.74%

Energy Services 3.96%

Communication Services 12.41%

Consumer Defensive 16.63%

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
BOI AXA Tax Advantage Fund-Direct Plan- Growth	57.900	2.99%	248 cr	1.51%	Above Average
Aditya Birla Sun Life Tax Relief 96 Growth Direct Plan	32.200	-2.45%	9,177 cr	0.94%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	18.359	-4.02%	3,141 cr	0.25%	Above Average
Canara Robeco Equity Taxsaver - Direct Plan - Growth Option	67.340	-4.33%	929 cr	1.19%	Below Average
Invesco India Tax Plan - Direct Plan - Growth	54.390	-4.80%	916 cr	1.35%	Average
Axis Long Term Equity Fund Direct Plan Growth Option	47.579	-5.18%	19,127 cr	0.93%	Below Average
L&T Tax Advantage Fund Direct Plan Growth Option	50.714	-10.97%	2,660 cr	1.45%	Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Parag Parikh Tax Saver Fund Direct Growth	10.656	—	39 cr	1.19%	-
BOI AXA Tax Advantage Fund-Direct Plan- Growth	57.900	2.99%	248 cr	1.51%	Above Average
Aditya Birla Sun Life Tax Relief 96 Growth Direct Plan	32.200	-2.45%	9,177 cr	0.94%	Below Average
BNP Paribas Long Term Equity Fund Direct Plan Growth Option	40.249	-2.53%	399 cr	1.19%	Low
Mirae Asset Tax Saver Fund -Direct Plan-Growth	18.359	-4.02%	3,141 cr	0.25%	Above Average
Canara Robeco Equity Taxsaver - Direct Plan - Growth Option	67.340	-4.33%	929 cr	1.19%	Below Average
Invesco India Tax Plan - Direct Plan - Growth	54.390	-4.80%	916 cr	1.35%	Average