Fund Performance
Lumpsum
SIP
19.78
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,187 today.
NAV Performance
Fund Information
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₹ 23.420
as on 22 Sep 2023 -
Regular - Growth
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-
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₹ 500
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₹ 56 Cr.
as on 31 May 2023 -
2.29%
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30 Dec 2015
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S&P BSE 100 TRI
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Essel Mutual Fund
Show All Funds -
Data not available.
Highlights of this fund
Essel Long Term Advantage Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 30 Dec 2015. This fund is offered by one of the top AMC (Assets Management Company) Essel Mutual Fund. You can also view here all other Equity funds offered by Essel Mutual Fund.
Latest NAV of the fund is ₹ 23.420 as on 22 Sep 2023.
This fund has 7 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.29%. Ideally you shoulds compare this fund with the benchmark S&P BSE 100 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund 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.
List of Fund Managers of Essel Long Term Advantage Fund
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About Aditya Mulki
Mr. Mulki is a CFA and B.COM Prior to joining Navi Mutual Fund, he has worked for close to 6 years at Quantum Advisor Ltd as an Equity Research Analyst.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 4.75% | 11.13% | 25.95% | 26.21% | 32.94% | 34.63% | 24.02% | 23.88% | 37.19% | 24.83% | 23.35% | 29.58% | 22.88% |
| Category Average | 2.08% | 7.00% | 18.95% | 14.97% | 9.09% | 23.43% | 13.43% | 16.23% | 23.94% | 15.54% | 16.51% | 17.67% | 14.29% |
| Essel Long Term Advantage Fund | 1.47%₹ 10,147 | 6.62%₹ 10,661 | 19.09%₹ 11,909 | 14.75%₹ 11,474 | 23.14%₹ 13,454 | 7.67%₹ 11,593 | 14.21%₹ 27,644 | 19.78%₹ 17,187 | 14.56%₹ 44,700 | 11.16%₹ 16,982 | 14.66%₹ 86,634 | - | - |
| Quant Tax Plan | 2.94%₹ 10,293 | 10.59%₹ 11,059 | 22.67%₹ 12,266 | 8.73%₹ 10,873 | 24.21%₹ 13,520 | 13.60%₹ 12,904 | 18.03%₹ 28,654 | 34.63%₹ 24,399 | 23.35%₹ 50,575 | 24.02%₹ 29,375 | 29.58%₹ 1,24,236 | 23.88%₹ 85,294 | 22.88%₹ 4,02,701 |
| Kotak Tax Saver Fund | 2.07%₹ 10,207 | 7.43%₹ 10,742 | 18.37%₹ 11,837 | 15.68%₹ 11,567 | 24.00%₹ 13,507 | 11.37%₹ 12,403 | 17.36%₹ 28,475 | 25.31%₹ 19,675 | 18.36%₹ 47,184 | 15.80%₹ 20,840 | 19.32%₹ 97,112 | 17.49%₹ 50,207 | 15.69%₹ 2,73,129 |
| Mirae Asset Tax Saver Fund | 2.06%₹ 10,205 | 7.61%₹ 10,761 | 19.75%₹ 11,974 | 15.83%₹ 11,582 | 24.46%₹ 13,535 | 7.39%₹ 11,531 | 14.78%₹ 27,793 | 24.33%₹ 19,218 | 16.06%₹ 45,667 | 16.38%₹ 21,369 | 19.15%₹ 96,708 | - | - |
| IDFC Tax Advantage (elss) Fund | 1.43%₹ 10,143 | 7.96%₹ 10,795 | 21.34%₹ 12,134 | 18.67%₹ 11,867 | 27.81%₹ 13,738 | 12.77%₹ 12,718 | 18.74%₹ 28,844 | 30.96%₹ 22,461 | 21.42%₹ 49,243 | 16.19%₹ 21,195 | 22.65%₹ 1,05,277 | 18.51%₹ 54,755 | 16.97%₹ 2,92,511 |
| BOI AXA Tax Advantage Fund | 4.24%₹ 10,423 | 10.53%₹ 11,053 | 23.71%₹ 12,371 | 16.90%₹ 11,689 | 30.00%₹ 13,870 | 8.07%₹ 11,679 | 18.60%₹ 28,805 | 25.92%₹ 19,964 | 18.96%₹ 47,585 | 18.15%₹ 23,048 | 22.27%₹ 1,04,305 | 17.55%₹ 50,484 | 17.09%₹ 2,94,437 |
Portfolio Holdings
Top Sector Holdings of Essel Long Term Advantage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 21.66% | ₹ 12.61 Cr. |
| Computers - Software | 10.18% | ₹ 5.93 Cr. |
| Pharmaceuticals | 5.89% | ₹ 3.98 Cr. |
| Auto ancillaries | 6.06% | ₹ 3.53 Cr. |
| Refineries/Marketing | 5.42% | ₹ 3.15 Cr. |
| Others | 50.79% | - |
Top Stock Holdings of Essel Long Term Advantage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| HDFC Bank Ltd. | 6.78% | ₹ 3.95 Cr. |
| ICICI Bank Ltd. | 6.05% | ₹ 3.52 Cr. |
| Axis Bank Ltd. | 5.58% | ₹ 3.25 Cr. |
| Reliance Industries Ltd. | 5.42% | ₹ 3.15 Cr. |
| Infosys Ltd. | 4.08% | ₹ 2.37 Cr. |
| Others | 72.09% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.96% |