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Unrated

Essel Large & Midcap Fund - Direct Plan


Equity: Large & MidCap

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.46 Lakh

Suitability:

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

This fund invests in a combination of large and medium-sized companies, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large and mid cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • 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 10% (effectively 11.648%, 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 -12.60 0.74 2.07 5.88 17.58 -13.13 -9.26 0.56 -- -- --
S&P BSE Large Mid Cap TRI -10.07 0.90 2.43 7.62 18.87 -10.52 -5.01 3.68 -- -- --
Equity: Large & MidCap -9.30 0.65 2.35 6.58 16.32 -9.94 -3.90 1.50 -- -- --
Rank within category 21 8 21 21 10 22 18 -- -- -- --
Number of funds in category 26 27 27 27 27 27 24 20 20 18 0

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Essel Large & Midcap Fund - Direct Plan
Unrated
Dec-15 -9.26 0.56 -- 0.42 91
Mirae Asset Emerging Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 3.27 6.16 13.17 0.86 8,808
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
5 star
Jan-13 0.57 3.39 9.98 0.77 5,162
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 0.86 3.82 8.57 0.90 3,298
Invesco India Growth Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.44 5.48 8.19 1.04 2,249

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.71 (19-Sep-2019 - 26-Sep-2019) -20.64 (16-Mar-2020 - 23-Mar-2020)
Month 17.13 (23-Mar-2020 - 22-Apr-2020) -38.14 (20-Feb-2020 - 23-Mar-2020)
Quarter 31.19 (23-Mar-2020 - 22-Jun-2020) -35.10 (23-Dec-2019 - 23-Mar-2020)
Year 45.50 (26-Dec-2016 - 26-Dec-2017) -31.72 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.63 22.57 -0.12 -0.11 1.00 -2.49
S&P BSE Large Mid Cap TRI 4.95 21.15 -0.02 -0.02 -- --
Equity: Large & MidCap 3.31 22.03 -0.09 -0.09 1.00 -1.80
Rank within category 13 14 13 12 10 13
Number of funds in category 22 22 22 22 22 22

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 37.44
Top 5 Stocks (%) 21.77
Top 3 Sectors (%) 52.21
Portfolio P/B Ratio 3.80
Portfolio P/E Ratio 30.22

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 58,761 67,540
Giant (%) 35.99 42.52
Large (%) 18.85 12.27
Mid (%) 42.46 41.38
Small (%) 2.70 4.18
Tiny (%) -- 0.14

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Vodafone Idea Communication -- 6.25 0.00 6.25
down Bharti Airtel Communication -- 4.57 0.00 4.25
up Alkem Laboratories Healthcare 25.70 4.07 0.00 3.81
up ICICI Bank Financial 25.08 5.91 0.00 3.73
up Bayer CropScience Healthcare 54.87 3.72 0.00 3.72
equal Max Financial Services Financial 104.04 3.42 0.00 3.42
up Kotak Mahindra Bank Financial 31.51 5.31 0.00 3.38
up Escorts Automobile 29.32 3.10 0.00 3.10
up HDFC Bank Financial 22.68 6.97 0.00 2.98
down Tata Consultancy Services Technology 25.58 2.98 0.00 2.79
down United Spirits FMCG 68.96 3.09 0.00 2.78
equal Supreme Industries Chemicals 30.15 4.18 0.00 2.75
equal PI Industries Chemicals 52.29 3.13 0.00 2.72
new Bajaj Finance Financial 38.12 2.99 0.00 2.56
equal HCL Technologies Technology 14.44 2.55 0.00 2.38
down Hindustan Unilever FMCG 75.69 2.24 0.00 2.11
equal HDFC Life Insurance Financial -- 4.27 0.00 2.10
equal Coromandel International Chemicals 20.80 2.03 0.00 2.03
equal Abbott India Healthcare 55.74 2.20 0.00 1.92
up Axis Bank Financial 69.10 2.72 0.00 1.73
down Reliance Industries Energy 31.35 1.69 0.00 1.69
new Bandhan Bank Financial 20.30 1.64 0.00 1.64
equal Tata Consumer Products FMCG 86.41 1.67 0.00 1.63
up Astrazeneca Pharma India Healthcare 120.41 1.51 0.00 1.51
equal Jubilant FoodWorks Services 79.45 1.57 0.00 1.51

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-Jun-2020

Fund Manager

— Saravana Kumar since 07-Dec-2019

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:


0.74%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 14.8403

Dividend Yearly: ₹ 14.6253

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Dividend Half Yearly: ₹ 14.6170

Dividend: ₹ 14.6751


Investment Strategy

The scheme seeks to generate medium to long-term capital appreciation by investing predominantly in equity and equity related securities of midcap companies & large cap companies.

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: 07-Dec-2015
Return Since Launch: 8.98%
Benchmark: S&P BSE 250 Large MidCap TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 91 Cr (As on 30-Jun-2020)
Expense: 0.42% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: 138.00%

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: http://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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