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Essel Long Term Advantage Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Essel Mutual Fund
  • NAV
    : ₹ 15.3798 0.63%
    (as on 18th October, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 96.15% investment in indian stocks of which 45.16% is in large cap stocks, 23.93% is in mid cap stocks, 17.18% in small cap stocks.Fund has 0.03% investment in Debt of which , 0.03% in funds invested in very low risk securities..

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 18th October, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 11-Oct-19 10257.20 2.57% - 2.46% 45/64
1 Month 18-Sep-19 10746.70 7.47% - 5.80% 25/64
3 Month 18-Jul-19 10207.80 2.08% - -0.67% 23/63
6 Month 18-Apr-19 9984.00 -0.16% - -3.12% 28/63
YTD 01-Jan-19 10588.90 5.89% - -2.31% 28/63
1 Year 17-Oct-18 11324.90 13.25% 13.21% 7.40% 20/61
2 Year 18-Oct-17 10777.30 7.77% 3.81% 0.53% 18/52
3 Year 18-Oct-16 12964.70 29.65% 9.04% 8.26% 17/44
Since Inception 31-Dec-15 15289.40 52.89% 11.82% 9.23% -/-

SIP Returns (NAV as on 18th October, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 17-Oct-18 12000 12655.51 5.46 % 10.25 %
2 Year 18-Oct-17 24000 25449.9 6.04 % 5.75 %
3 Year 18-Oct-16 36000 40212.67 11.7 % 7.32 %
 

Tax Treatment

Portfolio (Updated on 30th Sep,2019)

Portfolio Turnover Ratio : 113.00%  |   Category average turnover ratio is 69.97%  
Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)
Equity Holding : 96.15% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.15%
No of Stocks : 44 (Category Avg - 43.67) | Large Cap Investments : 45.16%| Mid Cap Investments : 23.93% | Small Cap Investments : 17.18% | Other : 9.88%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 57.7 9.88% 0.16% 9.88% (Sep 2019) 8.69% (Oct 2018) 47.00 k 47.00 k
Kotak Mahindra Bank Ltd. Banks 40.1 6.87% 0.49% 6.87% (Sep 2019) 3.45% (Oct 2018) 24.38 k 0.00
ICICI Bank Ltd. Banks 38.6 6.60% -0.01% 6.61% (Aug 2019) 4.95% (Nov 2018) 88.89 k 685.00
Tech Mahindra Ltd. Software -telecom 28.9 4.96% 0.28% 4.96% (Sep 2019) 0% (Oct 2018) 40.50 k 3.60 k
Larsen & Toubro Ltd. Engineering, designing, construction 24.2 4.14% -0.01% 4.45% (Jun 2019) 2.38% (Oct 2018) 16.42 k -0.69 k
Axis Bank Ltd. Banks 23.4 4.01% 0.02% 4.26% (Jun 2019) 1.78% (Nov 2018) 34.20 k 1.35 k
HDFC Standard Life Insurance Company Ltd. Insurance 22.2 3.80% 0.04% 3.8% (Sep 2019) 0% (Oct 2018) 36.90 k 0.00
Federal Bank Ltd. Banks 20.2 3.45% 0.11% 3.45% (Sep 2019) 1.71% (Apr 2019) 2.23 L 2.70 k
Indusind Bank Ltd. Banks 18 3.08% 0.25% 3.08% (Sep 2019) 0% (Oct 2018) 13.00 k 1.90 k
AIA Engineering Ltd. Castings/forgings 17.9 3.06% 0.13% 3.06% (Sep 2019) 1.25% (Mar 2019) 10.01 k -0.43 k
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 1 (Category Avg - 0.30) | Modified Duration 0.00 Years (Category Avg - 1.85)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type
% Weight
Category Average
NCD-ST 0.03% 0.00%
T-Bills 0.00% 0.01%
CP 0.00% 0.13%
NCD & Bonds 0.00% 0.00%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.00% 0.00%
Low Risk 0.03% 0.13%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 3.82%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2019)

  • Standard Deviation

    High volatility
    13.65vs10.86
    Category Avg
  • Beta

    High volatility
    0.96vs0.72
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.17vs0.08
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.02vs0.01
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.16vs-0.93
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
JM Tax Gain Fund - (Direct) - Growth 5 33.26 9.43 5.68 4.90 21.49 12.41
Axis Long Term Equity Fund - Direct Plan - Growth 4 20425.31 10.00 5.26 7.55 21.01 14.51
DSP Tax Saver Fund - Direct Plan - Growth 3 5840.90 7.42 3.07 2.70 19.06 10.33
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 3 471.08 7.55 3.08 4.48 18.30 9.86
Tata India Tax Savings Fund - Direct Plan - Growth NA 1919.17 6.34 -0.82 1.08 16.75 10.72
LIC MF Tax Plan 1997 - Direct Plan - Growth 4 243.54 6.97 3.76 4.51 16.41 11.44
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth 3 1500.24 8.95 5.32 3.72 14.57 11.28
BOI AXA Tax Advantage Fund - Direct Plan - Growth 3 243.39 8.59 5.48 4.50 14.23 10.06
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 2465.46 5.46 -0.75 0.17 14.22 14.98
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 965.21 7.87 0.84 0.51 14.12 11.21

More Funds from Essel Mutual Fund

Out of 10 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 3 is/are ranked 3 * , and 6 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Essel Equity Hybrid Fund - Direct Plan - Growth NA 240.07 5.32 1.46 1.12 13.95 0.00
Essel Multi Cap Fund - Direct Plan - Growth NA 206.18 6.45 0.03 -0.16 15.84 0.00
Essel Large Cap Equity Fund - Direct Plan - Growth 3 105.73 6.94 -0.27 0.14 14.27 9.31
Essel Large & Midcap Fund - Direct Plan - Growth 5 105.66 5.49 -0.87 -1.05 15.69 9.59
Essel Liquid Fund - Direct Plan - Growth 3 75.30 0.42 1.37 3.03 6.96 7.08
Essel Long Term Advantage Fund - Direct Plan - Growth 3 58.39 6.80 0.60 -1.42 12.53 9.23
Essel Regular Savings Fund - Direct Plan - Growth NA 38.59 1.83 1.62 2.96 9.33 6.91
Essel Ultra Short Term Fund - Direct Plan - Growth NA 25.06 0.53 1.70 3.67 7.71 7.26
Essel 3 in 1 Fund - Direct Plan - Growth NA 20.52 3.71 1.82 2.76 9.45 6.11
Essel Arbitrage Fund - Direct Plan - Growth NA 0.72 0.40 1.01 2.82 5.68 0.00

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