Table of Contents The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme, subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the
Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized. Essel Long Term Advantage Fund is a Equity - ELSS fund launched on 30 Dec 15. It is a fund with Moderately High risk and has given a Below is the key information for Essel Long Term Advantage Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Essel Long Term Advantage Fund - G
Scheme Objective
CAGR return of 12.7% since its launch. Return for 2023 was 24.1% , 2022 was -2% and 2021 was 29.4% . NAV as on 4 Nov 24 ₹28.7641 ↓ -0.17 (-0.60 %) Net Assets (AUM) as on 30 Sep 2024 ₹67 Cr. Launch Date 30 Dec 2015 Category Equity - ELSS Rating Type Open Ended Fund Risk Moderately High AMC Essel Funds Management Company Ltd Alpha Ratio -6.73 Expense Ratio 2.11 % Sharpe Ratio 1.847 Information Ratio -0.88 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Nov 24 Duration Returns 1 Month -3.9% 3 Month -3.6% 6 Month 9% 1 Year 24.8% 3 Year 10.5% 5 Year 14.3% 10 Year 15 Year Since launch 12.7% Historical Annual Returns
Year Returns 2023 24.1% 2022 -2% 2021 29.4% 2020 8.5% 2019 7.9% 2018 -5.1% 2017 34.4% 2016 7.6% 2015 Growth of 10k Over Years
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,506 31 Oct 21 ₹14,326 31 Oct 22 ₹14,116 31 Oct 23 ₹15,580 31 Oct 24 ₹19,769 Asset Allocation
Asset Class Value Cash 6.73% Equity 93.27% Sector Allocation
Sector Value Financial Services 27.51% Industrials 12.18% Technology 11.46% Consumer Defensive 10.04% Health Care 9.63% Consumer Cyclical 8.89% Basic Materials 5.04% Communication Services 4.43% Energy 4.08% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANKBanks - Regional 6% ₹4 Cr 21,500 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 19 | RELIANCEOil & Gas Refining & Marketing 4% ₹3 Cr 9,268 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTLTelecom Services 4% ₹3 Cr 16,000 SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Jan 22 | SBILIFEInsurance - Life 4% ₹2 Cr 13,500 Infosys Ltd (Technology)
Equity, Since 30 Apr 20 | INFYInformation Technology Services 4% ₹2 Cr 13,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 22 | PERSISTENTInformation Technology Services 4% ₹2 Cr 4,400 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 22 | HALAerospace & Defense 3% ₹2 Cr 5,000 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Mar 22 | MAXHEALTHMedical Care Facilities 3% ₹2 Cr 22,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 28 Feb 21 | SUNPHARMADrug Manufacturers - Specialty & Generic 3% ₹2 Cr 10,500 Rural Electrification Corporation Limited
Debentures | -3% ₹2 Cr 200,000
↑ 200,000
Talk to our investment specialistFund Managers
Name Since Tenure Aditya Mulki 11 Mar 22 2.56 Yr. Ashutosh Shirwaikar 1 Aug 23 1.17 Yr. Custodians
Company Address HDFC Bank Ltd HDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W), Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address Navi Mutual Fund Peerless Mansion", 3rd Floor, 1, Chowringhee Square, Kolkata 700069 Auditors
Company Address S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Essel Long Term Advantage Fund
Growth ₹28.7641
↓ -0.17 9.05 % 24.83 % 10.53 % 14.3 % Essel Long Term Advantage Fund
Normal Dividend, Payout ₹28.7613
↓ -0.17 9.04 % 24.81 % 10.53 % 14.29 % Data as on 4 Nov 24
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
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