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Unrated

Essel Multi Cap Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.19 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.30 Lakh

Analyst's Choice?

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 is a multi cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

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 multi 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 1.97 -0.38 -0.11 0.61 4.75 14.11 18.74 -- -- -- --
S&P BSE 500 TRI 0.88 -0.59 -0.41 -1.20 3.23 11.44 13.57 -- -- -- --
Equity: Multi Cap 2.60 -0.51 -0.28 0.68 4.71 14.17 18.10 -- -- -- --
Rank within category 37 23 25 30 29 32 25 -- -- -- --
Number of funds in category 59 59 59 59 58 56 50 41 39 33 1

As on 14-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.34 (19-Sep-2019 - 26-Sep-2019) -6.29 (01-Oct-2018 - 09-Oct-2018)
Month 9.71 (23-Aug-2019 - 23-Sep-2019) -12.80 (07-Sep-2018 - 09-Oct-2018)
Quarter 14.10 (19-Sep-2019 - 19-Dec-2019) -11.17 (27-Jul-2018 - 26-Oct-2018)
Year 19.83 (23-Oct-2018 - 23-Oct-2019) -4.19 (03-Sep-2018 - 03-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 11.88 12.82 0.48 0.72 -- --
Equity: Multi Cap* 11.88 13.10 0.48 0.68 0.94 0.36
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 57
Top 10 Stocks (%) 46.65
Top 5 Stocks (%) 30.65
Top 3 Sectors (%) 63.94
Portfolio P/B Ratio 3.21
Portfolio P/E Ratio 27.50

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,06,657 94,528
Giant (%) 55.24 52.45
Large (%) 17.13 14.99
Mid (%) 18.55 24.99
Small (%) 9.09 9.29
Tiny (%) -- 0.39

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
down ICICI Bank Financial 36.96 10.95 4.32 9.73
down HDFC Bank Financial 25.37 9.59 6.33 6.33
down Kotak Mahindra Bank Financial 37.06 9.05 2.73 5.97
equal Reliance Industries Energy 21.61 5.70 0.00 4.75
up Indusind Bank Financial 18.06 7.08 0.00 3.87
down Bajaj Finance Financial 52.70 5.47 0.00 3.83
equal Axis Bank Financial 43.49 4.20 0.00 3.81
down HDFC Financial 18.63 5.34 2.52 3.02
up Cipla Healthcare 20.87 2.68 0.00 2.68
equal Larsen & Toubro Construction 18.40 4.54 1.71 2.65
up Bharti Airtel Communication -- 2.51 0.00 2.51
up Birla Corporation Construction 13.11 2.35 0.00 2.35
equal Abbott India Healthcare 52.35 2.37 0.00 2.28
down Tata Consultancy Services Technology 25.50 3.66 0.00 2.16
new Piramal Enterprises Healthcare 15.79 2.01 0.00 2.01
up Ultratech Cement Construction 36.37 1.91 0.00 1.91
up Infosys Technology 20.56 5.48 0.00 1.90
equal JSW Steel Metals 13.08 1.85 0.00 1.72
down Container Corp. Services 73.96 3.62 0.00 1.62
equal Nestle India FMCG 81.14 1.61 0.00 1.61
equal GSK Consumer Healthcare FMCG 35.25 1.59 0.00 1.55
up Jindal Steel & Power Metals -- 1.54 0.00 1.54
equal City Union Bank Financial 21.73 2.45 0.00 1.52
equal Cholamandalam Invest. & Fin. Financial 20.50 1.52 0.00 1.52
equal Divi's Laboratories Healthcare 45.12 1.46 0.00 1.42

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 31-Jan-2020

Fund Manager

— Saravana Kumar since 17-May-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:

— 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:


-0.38%

Change from previous, NAV as on 14-Feb-2020

Growth: ₹ 11.8179

Dividend Yearly: ₹ 11.7475

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Dividend Quarterly: ₹ 11.7539

Dividend Monthly: ₹ 11.7461

Dividend Half Yearly: ₹ 11.7466

Dividend: ₹ 11.7459


Investment Strategy

The scheme to generate capital appreciation in the long term through equity investments by investing in a diversified portfolio of large cap, mid cap and small cap companies as defined by SEBI from time to time.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
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: 09-Jul-2018
Return Since Launch: 10.98%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 205 Cr (As on 31-Jan-2020)
Expense: 0.58% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 202.00%

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: www.esselfinance.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM