Essel Ultra Short Term Fund Super Institutional Plan Direct Growth+0.03%

3Groww
7.72%
1 Year Return
Debt
Ultra Short Duration
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Essel Ultra Short Term Fund Super Institutional Plan Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.22%
NAV2133.06 (08 Jul 2019)
Fund Started01 Jan 2013
Fund Size27 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Essel Ultra Short Term Fund Super Institutional Plan Direct Growth
7.7%
7.4%
7.9%
8.3%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Risk is lower compared to the benchmark
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    7.4 Mahindra & Mahindra Financial Services Ltd. Aug 1 2019 Financial ServicesDebentures10.3%
    8.85 Power Grid Corporation of India Ltd. Oct 19 2019 EnergyBond9.2%
    TATA Capital Ltd. (70D)Financial ServicesCP9.2%
    Canara Bank Ltd.Financial ServicesCD9.1%
    IndusInd Bank Ltd.Financial ServicesCD9.0%
    6.96 Housing Development Finance Corporation Ltd. Dec 28 2018 Financial ServicesDebentures7.8%
    Sundaram B N P Paribas Home Finance Ltd. (163D)Financial ServicesCP7.8%
    Reliance Jio Infocomm Ltd. (60D)TelecomCP7.8%
    Ujjivan Financial Services Ltd.Financial ServicesCD7.8%
    CBLO(CCIL)Current AssetsMoney Market7.5%
    See All

    Fund Managers

    addKillol P Pandya
    Education
    Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research.
    Experience
    Prior to joining Peerless Funds Management Co. Limited he has worked with LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.
    Funds Managed

    Other Details

    Essel Ultra Short Term Fund Super Institutional Plan Direct Growth is a Debt Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Killol Pandya is the Current Fund Manager of Essel Ultra Short Term Fund Super Institutional Plan Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹27 Cr and the Latest NAV as of 08 Jul 2019 is ₹2133.06.

    The Essel Ultra Short Term Fund Super Institutional Plan Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.

    Investment Objective

    The investment objective is to provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity. However, there can be no assurance that the investment objective of the scheme will be achieved.

    Tax Implications

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹100
    Min for Second Investment
    Nil
    Exit Load

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    About Essel Mutual Fund

    Address
    "Peerless Mansion", 3rd Floor, 1, Chowringhee Square, Kolkata 700069
    Phone
    033-40185000/ 022-61779922
    Launch Date
    03 Dec 2009
    Essel Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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