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

14.651 (2.483%)

NAV on September 25, 2020

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 55 cr

Turnover Ratio 116.35%

Expense Ratio 0.38%

Exit Load -

Returns

1M: -1.77%
1Y: -4.30%
3M: 7.37%
3Y: 2.08%
6M: 34.33%
5Y: N/A

Min Investment 500

Buy Now Start SIP

SECTOR WEIGHTINGS (%)

Financial 22.24%

Industrial 2.81%

Technology 15.17%

Basic Materials 12.1%

Consumer Cyclical 9.09%

Utilities Services 1.3%

Healthcare Services 10.38%

Energy Services 8.63%

Communication Services 5.40%

Consumer Defensive 12.88%

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.

View Factsheet

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	65.520	15.54%	299 cr	1.51%	Above Average
Canara Robeco Equity Taxsaver - Direct Plan - Growth Option	74.630	10.22%	1,122 cr	1.22%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	19.896	6.33%	4,181 cr	0.41%	Above Average
Invesco India Tax Plan - Direct Plan - Growth	58.250	4.24%	1,113 cr	1.15%	Average
Aditya Birla Sun Life Tax Relief 96 Direct Plan Growth	33.510	3.59%	11,001 cr	0.91%	Below Average
Axis Long Term Equity Fund Direct Plan Growth Option	49.174	-2.63%	21,905 cr	0.89%	Below Average
HDFC Long Term Advantage Fund -Direct Plan - Growth Option	346.871	-6.12%	1,159 cr	—	Above Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Parag Parikh Tax Saver Fund Direct Growth	12.231	16.68%	61 cr	1.13%	-
BOI AXA Tax Advantage Fund-Direct Plan- Growth	65.520	15.54%	299 cr	1.51%	Above Average
Canara Robeco Equity Taxsaver - Direct Plan - Growth Option	74.630	10.22%	1,122 cr	1.22%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	19.896	6.33%	4,181 cr	0.41%	Above Average
Invesco India Tax Plan - Direct Plan - Growth	58.250	4.24%	1,113 cr	1.15%	Average
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth	57.110	-1.14%	2,211 cr	1.01%	High
Axis Long Term Equity Fund Direct Plan Growth Option	49.174	-2.63%	21,905 cr	0.89%	Below Average