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Essel Regular Savings Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.15 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.82 Lakh

Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -2.53 0.22 0.94 0.60 -2.54 -2.13 1.41 4.78 6.90 8.12 --
VR MIP TRI -4.17 0.33 1.74 -0.08 -2.79 -3.59 -0.61 5.36 6.37 7.67 --
Hybrid: Conservative Hybrid -4.14 0.31 1.32 0.43 -4.23 -3.99 -1.37 3.54 6.01 8.01 --
Rank within category 23 22 27 20 19 21 17 15 11 14 --
Number of funds in category 38 38 38 38 38 37 37 35 32 29 0

As on 29-May-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.45 (24-Mar-2020 - 31-Mar-2020) -4.43 (16-Mar-2020 - 23-Mar-2020)
Month 5.03 (24-Mar-2020 - 23-Apr-2020) -9.53 (20-Feb-2020 - 23-Mar-2020)
Quarter 5.70 (07-Apr-2014 - 07-Jul-2014) -8.08 (23-Dec-2019 - 23-Mar-2020)
Year 17.08 (29-Jan-2014 - 29-Jan-2015) -2.53 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.95 4.87 -0.11 -0.09 0.71 -0.93
VR MIP TRI 6.05 6.43 0.09 0.10 -- --
Hybrid: Conservative Hybrid 4.43 6.49 -0.11 -0.05 0.85 -1.53
Rank within category 17 10 18 18 15 17
Number of funds in category 34 34 34 34 34 34

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Number of Bonds 8
Average Maturity (yrs) 0.47
Top 10 Holdings (%) 75.32
Portfolio P/B Ratio 2.67
Portfolio P/E Ratio 20.58

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal ICICI Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 13.69 13.31
equal 8.36% REC 22/09/2020 Debenture AAA 9.82 - 12.23 11.82
equal 7.40% Power Finance Corp. 30/09/2021 Bonds AAA 9.64 - 12.24 11.75
equal SIDBI 15/05/2020 Securitised Debt A1+ 0.00 - 11.89 11.53
equal 8.70% HDFC 15/12/2020 Debenture AAA 7.40 - 9.20 8.86
equal Canara Bank 15/05/2020 Certificate of Deposit A1+ 0.00 - 6.02 5.84
equal Export-Import Bank 180-D 27/05/2020 Commercial Paper A1+ 0.00 - 5.41 5.25
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 0.00 - 0.00 0.00

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal India Grid Trust Engineering -- 5.69 0.00 3.34
up Reliance Industries Energy 25.18 1.93 0.00 1.93
equal HDFC Bank Financial 19.15 2.21 1.08 1.70
equal ICICI Bank Financial 22.48 1.74 0.36 1.35
equal Kotak Mahindra Bank Financial 28.18 1.46 0.59 0.72
equal Bharti Airtel Communication -- 0.68 0.00 0.68
down Cipla Healthcare 33.76 0.60 0.00 0.59
equal Axis Bank Financial 58.35 0.93 0.00 0.56
equal AIA Engineering Metals 26.09 0.68 0.00 0.54
equal HCL Technologies Technology 13.51 0.75 0.00 0.45
equal Federal Bank Financial 5.67 0.75 0.00 0.43
new Hindustan Unilever FMCG 71.57 0.84 0.00 0.42
new Asian Paints Chemicals 59.48 0.61 0.00 0.41
equal Divi's Laboratories Healthcare 50.07 0.41 0.00 0.40
equal Petronet LNG Energy 13.63 0.41 0.00 0.39
equal Infosys Technology 17.74 1.34 0.00 0.39
up Ratnamani Metals & Tubes Metals 13.49 0.56 0.00 0.37
equal Cadila Healthcare Healthcare 28.33 0.36 0.00 0.36
equal Escorts Automobile 23.46 0.46 0.00 0.35
equal HDFC Life Insurance Financial 81.41 0.57 0.00 0.35
equal V-Mart Retail Services 50.89 0.40 0.00 0.33
new Relaxo Footwears FMCG 73.32 0.32 0.00 0.32
down Maruti Suzuki India Automobile 29.87 0.58 0.00 0.31
equal HG Infra Engineering Construction 7.16 0.42 0.00 0.31
equal Container Corp. Services 50.70 0.61 0.00 0.29

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2020

Fund Manager

— Suraj Makhija since 17-May-2019

Education: MBA, CA & CFA level 3

Experience: Prior Joining To The Essel Mutual Fund He Has Worked With Reliance Nippon Life Insurance as Fund Manager - ULIP and Research Analyst (July 1 2008 to August 31 2018)

Funds Managed:

— Saravana Kumar since 21-Apr-2020

Education: Mr. Kumar has an Engineering degree in Electronics & Telecommunications. He is an MBA (Finance) from IIM Bangalore & is a CAIIB.

Experience: Prior to joining Essel Mutual Fund he has worked with LIC Mutual Fund, he had been Head of Investments at Trust Investment Advisors Pvt. Ltd.(Oct'13-April'15), CIO at AIA Life Insurance Co. Ltd.(Oct'09-Sept'13) , Dy. GM at ICICI Bank Ltd.(Mar'03-Sept'09) & Fund Manager at SBI(2001-2003).

Interviews:

Funds Managed:


0.22%

Change from previous, NAV as on 29-May-2020

Growth: ₹ 21.4728

Dividend Quarterly: ₹ 13.1285

Dividend Monthly: ₹ 10.5396


Investment Strategy

To generate regular income through a portfolio of predominantly high quality fixed income securities and with a marginal exposure to equity and equity related instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Essel Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.23%
Benchmark: CRISIL Hybrid 85+15 Conservative
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 34 Cr (As on 30-Apr-2020)
Expense: 0.68% (As on 30-Apr-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly29-May-20200.0528

 24-Apr-20200.0527
 27-Mar-20200.0369
 28-Feb-20200.0400
 31-Jan-20200.0403
 27-Dec-20190.0401
 29-Nov-20190.0403
 25-Oct-20190.0399
 27-Sep-20190.0400
 30-Aug-20190.0394
 26-Jul-20190.0395
 28-Jun-20190.0399
 31-May-20190.0401
 26-Apr-20190.0398
 29-Mar-20190.0398
 22-Feb-20190.0391
 25-Jan-20190.0393
 28-Dec-20180.0394
 30-Nov-20180.0394
 26-Oct-20180.0387
 28-Sep-20180.0391
 31-Aug-20180.0399
 27-Jul-20180.0397
 29-Jun-20180.0327
 25-May-20180.0592
Dividend Quarterly22-Mar-20180.1758

 02-Nov-20170.1787
 02-May-20170.1752
 20-Feb-20170.1991
 26-Oct-20160.1998
 20-Jun-20160.1922
 28-Mar-20160.1892
 05-Nov-20150.1936
 25-Aug-20150.1952
 05-May-20150.1878
 22-Jan-20150.1887
 21-Oct-20140.2179
 05-May-20140.1634
 31-Jan-20140.1640
 30-Sep-20130.1644
 03-May-20130.1839

Contact Information

AMC: Essel Finance AMC Ltd.

Address: Peerless Mansion, 3rd Floor, 1 Chowringhee Square, Kolkata - 700069

Phone: 033-40185000 / 1800-103-8999

Fax: 033-40185010

Email: [email protected]

Website: www.esselfinance.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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dateFriday, 12-Jun-2020
time12:30 PM - 01:00 PM