How to read the Factsheet - Essel Finance AMC Limited Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10- year Gsec. Entry Load: A mutual fund may have a sales charge

2

How to read the FactsheetFund Manager:An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.Application Amount for Fresh Subscription:This is the minimum investment amount for a new investor in a mutual fund scheme.Minimum Additional Amount:This is the minimum investment amount for an existing investor in a mutual fund scheme.Yield to Maturity:The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.SIP:SIP or systematic investment plan works on the principle of making periodic investment of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs. 500 every 15th of the month in an equity fund for a period of three years.NAV:The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.Benchmark:A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10- year Gsec.Entry Load:A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent.Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs. 101.Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor.Exit Load:Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is Rs. 100 and the exit load is 1%, the redemption price would be Rs. 99 per unit.Modified Duration:Modified duration is the price sensitivity and the percentage change in price for a unit change in yield.Standard Deviation:Standard Deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe Ratio:The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.Beta:Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.AUM:AUM or assets under management refers to the recent/ updated cumulative market value of investments managed by a mutual fund or any investment firm.Holdings:The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/ securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.Nature of Scheme:The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.Rating Profile:Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.Portfolio Turnover:Portfolio Turnover is a measure of how frequently assets within a fund are bought and sold by the managers.R-Squared:R-Squared is a statistical measure that represents the percentage of a fund or security’s movements that can be explained by movements in a benchmark index.Average Maturity:In a mutual fund containing debt securities, Average Maturity is the average amount of time until the debt securities mature.Portfolio Yield:Portfolio Yield is computed by determining the cash flows for the portfolio and determining the interest rate that will make the present value of the cash flows equal to the market value of the portfolio.Total Expense Ratio:Weighted Average i.e. Total Expense of the month / average Asset / number of days in month* days in a year.

The Macaulay duration is the weighted average term to maturity of the cash flows from a bond. It is the measure of bonds sensitivity to interest rate changes. The weight of each cash flow is determined by dividing the present value of the cash flow by the price.Macaulay duration can be calculated:

n

t=1∑ t * C

(1+y)t

n * M

(1+y)n

Current Bond PriceMacaulay Duration =

+

Where:t = respective time periodC = periodic coupon paymenty = periodic yieldn = total number of periodsM = maturity valueCurrent Bond Price = Present value of cash flowsExample CalculationThe calculation of Macaulay duration is straightforward. Assume there is a bond priced at ` 1,000 that pays a 6% coupon and matures in six years available at a Yield to Maturity (YTM) of 6%. The bond pays the coupon once a year, and pays the principal on the final payment. Given this, the following cash flows are expected over the next six years.

Cash FlowYear 1 Year 2 Year 3 Year 4 Year 5 Year 6

` 60 ` 60 ` 60 ` 60 ` 60 ` 1,060

With the periods and the cash flows known, a discount factor must be calculated for each period. This is calculated as 1 / (1 + r)^n, where r is the interest rate and n is the period number in question. Thus the discount factors would be,

Discount FactorYear 1 Year 2 Year 3 Year 4 Year 5 Year 6

0.9434 0.8900 0.8396 0.7921 0.7473 0.7050

Next, multiply the year’s cash flow by the year number and by its corresponding discount factor to find the present value of the cash flow.

Period Present value formula Present ValueYear 1 1 * ` 60 * 0.9434 ` 56.60Year 2 2 * ` 60 * 0.8900 ` 106.80Year 3 3 * ` 60 * 0.8396 ` 151.13Year 4 4 * ` 60 * 0.7921 ` 190.10Year 5 5 * ` 60 * 0.7473 ` 224.18Year 6 6 * ` 1,060 * 0.7050 ` 4,483.55

Sum these values = ` 5,212.36 = numeratorCurrent Bond Price = sum of PV Cash Flows = 60/(1 + 6%)^1 + 60/(1 + 6%)^2 +...+ 1060/(1 + 6%)^6 = ` 1,000 = denominatorMacaulay duration = ` 5,212.36 / ` 1,000 = 5.21A coupon paying bond will always have its duration less than its time to maturity. In the example above, the duration of 5.21 years is less than the time to maturity of 6 years.

Macaulay Duration

3

From ED & CEO’s Desk

FY 2018 - 19 started with a bang for us as we launched our first NFO as part of the renowned and respected Essel Group. The Essel Equity Hybrid Fund NFO opened on April 9th and closed on April 23rd.

Our faith in our team and the strength of relationships we have built was validated and rewarded by the marketplace. More than 400 distribution partners including the largest national distributors along with thousands of their employees and agents supported the Essel Equity Hybrid Fund NFO, drawing close to 14.000 investors from more than 170 locations to collect more than Rs 225 cr. As the first NFO from a new entrant in a marketplace crowded for choice, the numbers were a show of faith in our approach to managing relationships and money while adhering to the

highest service standards for our investors and distributors. The activity leading up to the NFO gave us an opportunity to meet our distribution partners and reiterate our focus on quality when building our teams and portfolios and I would like to take this opportunity to thanks them and our investors for reposing their trust in us.

In industry news, the mutual fund industry concluded work on a dramatic and far reaching initiative which involved a categorization and rationalization of hundreds of open ended schemes. With each scheme now categorized and the asset class exposures for each category cast in regulatory stone, schemes are now required to remain true to their label. This in itself simplifies the investments landscape for advisors and investors alike significantly by making funds across fund houses easily comparable. It also provides the comfort that the investment style of a particular scheme is not only known in advance, but also that it cannot be changed without due process. It also avoids duplication, thus lowering costs for investors. With a total of ten schemes including the recently launched Essel Equity Hybrid Fund, we have a long way to go before we exhaust all the available categories. As a result, we have a few more launches lined up with products that are missing from our bouquet and in current demand from distributors and investors alike. Of the many available categories, our preference will be for those which make intuitive sense on the risk return matrix. High risk products like thematic schemes still don't make the cut, and neither do debt finds focused on taking high levels of credit risk.

Our launches in the rest of FY 2018 - 19 will be a mix of retail and institutional products currently favored by investors and distributors alike. So I end this by wishing our distributors and investors the very best for the rest of the year and happy selling and happy investing, respectively!

Mr. Rajiv Shastri

4

From CIO’s Desk

Market Review for the month of April 2018

Domestic Markets

The month of March’18 saw negative returns while April posted positive numbers with Sensex up by 6.65% & Nifty up by 6.19%. The S&P BSE MidCap index was up by 6.57% while the S&P BSE SmallCap index was up by 8.28%. In April, among the BSE sectoral indices IT & Realty Indices showed the highest gains of 12.12% & 8.98% respectively, while the Oil&Gas & PSU indices were the laggards.

The month of April is usually associated with a glut in market liquidity. However, given the overall tightness seen in market liquidity, the overnight rates remained relatively elevated ranging between 6.20% and about 4.00%.

WPI inflation softened a bit and printed at +2.47% (Vs. +2.48% last month) and was in line with market expectations. The INR depreciated significantly against the USD. INR began the month at about 65.01 (Vs USD) and ended the month at about 66.66. Domestic bonds were volatile during the month but showed broadly negative moves during the month. Money market instruments continued to see volatility in yields and saw some hardening during the month. On the other hand, the new benchmark 10 year G-Sec (7.17% GS 2028) began the month at about 7.33% and ended March at about 7.76%. Corporate bonds yields also saw some hardening and volatility in yields though the movement was generally not as sharp as seen in select Gsecs as stated above.

Domestic Macro Data

IIP grew by a robust 7.1% in February 2018, above consensus estimate of 6.8%. IIP growth was led by the manufacturing sector which rose 8.7% YoY. Mining sector’s growth was lackluster with 0.3% YoY decline. Electricity production rose 4.5%YoY. The strength of the recovery in capital goods production - which rose 20%YoY - continues to surprise, implying that a slow but steady recovery in the capex cycle is likely underway. Production of infrastructure and construction goods also rose 12% YoY, up from 7.8% in the previous month. The recovery was largely broad-based with 15 out of 23 manufacturing segments registering positive growth. Machinery and equipment, motor vehicles and transport equipment led the manufacturing sector’s recovery.

CPI inflation for March 2018 stood at 4.28%, above consensus estimate of 4.10% and broadly in line with our estimate of 4.35%. It moderated slightly from 4.44% in the previous month on the back of lower food inflation. Food and beverage inflation, on the other hand, eased to 3.0% YoY from 3.5% in the previous month. Vegetable prices sustained their downtrend, slipping 4.20% MoM, but they are likely to stabilize from April 2018 onwards. Pulses prices also continued their declining trend, falling 0.95% MoM. Fruit prices rose 3.20% MoM, but the increase was below our expectation. Sugar prices eased 0.77% MoM, but the decline was muted given the high domestic output.

Outlook

We have been espousing a case for maintaining lower duration and believe the macro economic scenario does not merit a strategic change in our long term outlook. Government announcements and RBI action may result in some positive sentiment and trading opportunities in the near to medium term. In the context of other macro-economic concerns such as inflation trajectory, market liquidity conditions, potential bond issuance / supply pressures, FOMC actions, resurgence in US and Chinese economies and other global geopolitical headwinds, for now, we retain our earlier thesis of being invested in accrual based products for now while utilizing trading windows to add to gains.

From the equity market perspective the broad indices made a decent gain despite apprehensions of higher interest rates, rising crude prices leading to inflationary tendencies& trade war talks. The FY18Q4 result season till date was overall in line with expectations reporting an encouraging set of numbers. With the rural demand picking up, expectations of a favorable monsoon & strong set of earnings the outlook remains positive. We advise our investors to remain constructive & add to their equity position at every dip.

Source : Reuters,Bloomberg, RBI & Internal. Date : 1/5/2018. Refer To Page 15 For Disclaimer

Mr. Viral Berawala

5

ESSEl lIquID FunD

(An open ended liquid scheme)Portfolio as on April 30, 2018

Portfolio Holdings Rating % of Net Assets

CERTIFICATE OF DEPOSITS 20.00%Union Bank of India CRISIL A1+ 11.01%ICICI Bank Ltd CRISIL A1+ 2.64%Bandhan Bank Limited ICRA A1+ 2.21%RBL Bank Ltd CRISIL A1+ 2.20%HDFC Bank Ltd CRISIL A1+ 1.94%COMMERCIAl PAPER 69.37%Edelweiss Commodities Services Ltd CRISIL A1+ 8.80%India Infoline Housing Finance Ltd CRISIL A1+ 6.61%National Bank for Agricultural & Rural Development CRISIL A1+ 5.74%Cox & Kings Ltd CARE A1+ 5.73%Aditya Birla Finance Ltd ICRA A1+ 4.83%Export Import Bank of India CRISIL A1+ 4.42%IIFL Wealth Finance Limited ICRA A1+ 4.41%Phillips Carbon Black CARE A1+ 4.40%Forbes and Company Ltd ICRA A1+ 2.63%SREI Equipment Finance Pvt Ltd ICRA A1+ 2.21%Dewan Housing Finance Corp Ltd CRISIL A1+ 2.21%Northern Arc Capital Ltd ICRA A1+ 2.21%APL Apollo Tubes Limited CRISIL A1+ 2.20%Sadbhav Engineering Ltd CARE A1+ 2.19%Axis Finance Ltd CRISIL A1+ 2.19%Bharat Aluminium Co. Ltd CRISIL A1+ 1.77%Housing and Urban Development Corp. Ltd ICRA A1+ 1.76%Aditya Birla Housing Finance Ltd ICRA A1+ 1.76%Gruh Finance Ltd CARE A1+ 1.32%India Infoline Finance Ltd CRISIL A1+ 0.88%Reliance Jio Infocomm Limited CRISIL A1+ 0.66%ICICI Securities Primary Dealer SHI CRISIL A1+ 0.44%FIXED DEPOSITS 0.18%HDFC Bank Ltd 0.18%CBlO (including TBIll held as Collateral)/Reverse Repo/net Current Assets/Cash/Cash Equivalent

10.45%

Total 100.00%

Key Scheme InformationInvestment ObjectiveTo provide a high level of liquidity with reasonable returns commensurate with low risk through a portfolio of money market and debt securities. However, there can be no assurance or guarantee that the investment objective of the scheme(s) will be achieved. The Scheme(s) does not assure or guarantee any returns.Allotment Date19th February 2010

Fund Size` 1,216.86 Crs (Monthly AAUM for April 2018)

Asset Allocation PatternDebt & Money Market Instruments with maturity/residual maturity up to 91 days : 0% to 100%Cash & Cash Equivalents : 0% to 100%(w.e.f. 1st-March'18)

Scheme FeaturesExit Load : NIL

Minimum Amount: ` 1,000/- and inmultiples of ` 1 thereafterBenchmark : CRISIL Liquid Fund Index^

Fund ManagerMr. Killol Pandya : Total experience 18 years (Managing this Fund w.e.f: 21st December 2017)Mr. Archit Shah : Total experience 9 years ( Managing this Fund w.e.f. 21st December 2017)

Dividend History (Monthly)

Scheme / Plan Record Datenet Dividend (` per unit) Cum

Dividend nAV (in `)

Individual/HUF Corporate

REGULAR PLAN MONTHLY 27-Apr-18 5.09792515 4.72070521 1008.3373DIRECT MONTHLY 27-Apr-18 5.17509908 4.79216868 1008.4444REGULAR PLAN MONTHLY 23-Mar-18 3.90478943 3.61771267 1006.6663DIRECT MONTHLY 23-Mar-18 3.96657201 3.67495305 1006.7518REGULAR PLAN MONTHLY 23-Feb-18 3.76305221 3.48639585 1006.4701DIRECT MONTHLY 23-Feb-18 3.82666736 3.54533407 1006.5581

net Asset Value (nAV) as on April 27, 2018 (in Rs) Plan / Option Regular Plan Direct Plan

GROWTH 1915.8062 1924.5386DAILY DIVIDEND 1001.2900 1001.2900WEEKLY DIVIDEND 1001.1978 1001.1698MONTHLY DIVIDEND 1008.3373 1008.4444

Maturity Profile % Weightage

Below or equal to 91 days 89.55%

Cash & Cash Equivalent 10.45%

Please refer to page no. 11 for tax on dividend distributionPlease refer to page no. 16 for Product LabelingFace Value changed from ` 10/- to ` 1000/- with effect from 21st September 2014

Performance as on April 27, 2018

Period Essel Liquid Fund

CRISIL Liquid Fund

Index^@

1 Year Govt.T-Bill ^@@

1 year CAGR % 6.83% 6.83% 6.11%

3 year CAGR % 7.44% 7.29% 6.91%

5 year CAGR % 8.19% 8.05% 6.97%

Since Inception CAGR % 8.26% 7.85% 6.68%

Current Value of investment if ` 10000/- was invested on Inception date (in `)

19158.06 18568.08 16980.25

Current Value of investment if ` 10000/- was invested prior 1 year (in `)

10682.54 10682.98 10610.93


12396.84 12347.13 12216.00


14816.87 14722.26 14000.82

^ - The returns are calculated to the Total Return Index (TRI) variant of the benchmark @ - Benchmark @@ - Additional Benchmark For performance of other schemes managed by Mr. Killol Pandya please refer to page nos. 6,7,8,9 &10.Expense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.

As on April, 2018

Average Maturity (Yrs) 0.08

Modified Duration (Yrs) 0.08

# TER - Reg (%) 0.17

# TER - Direct (%) 0.06

Portfolio Yield (%) 6.93

# - Weighted average for the month

*CARE (Credit Analysis and Research Limited Rating (Source: www.careratings.com) (as on April, 2018) Past Performance is no guarantee of future results. For details please refer Page 15.

Asset Allocation

Scheme Performance vis-a-vis Benchmark (%)

Rating Profile (%)

6

ESSEl ulTRA SHORT TERM FunD

(An open ended ultra-short term debt scheme investing in instruments such that Macaulay duration of the portfolio is between 3 months and 6 months.)

Portfolio as on April 30, 2018


CERTIFICATE OF DEPOSITS 14.33%

HDFC Bank Ltd CRISIL A1+ 10.89%

SIDBI CRISIL A1+ 3.44%

nOn-COnVERTIBlE DEBEnTuRE / ZCB 43.61%

ICICI Bank Ltd CARE AAA 14.61%

Mahindra & Mahindra Financial Services FITCH AAA 14.42%

Indian Railway Finance Corporation Ltd CRISIL AAA 10.91%

Rural Electrification Corporation Ltd CRISIL AAA 3.67%

CBlO (including TBIll held as Collateral)/Reverse Repo/net Current Assets/Cash/Cash Equivalent

42.06%

Total 100.00%

Key Scheme InformationInvestment ObjectiveTo 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 or guarantee that the investment objective of the Scheme(s) will be achieved. The Scheme(s) does not assure or guarantee any returns.

Allotment Date19th February 2010

Fund Size` 33.55 Crs (Monthly AAUM for April, 2018)

Asset Allocation PatternDebt & Money Market Instruments to maintain a portfolio of Macaulay Duration between 3 and 6 months : 0% to 100%Cash & Cash Equivalents : 0% to 100%Investment in REITs and InvITs : 0% to 10%(w.e.f. 1st-March'18)


Minimum Amount: ` 1,000/- and in multiples of ` 1 thereafterBenchmark : CRISIL Liquid Fund Index^

Fund ManagerMr. Killol Pandya : Total experience 18 years (Managing this Fund w.e.f: 18th September 2015)



Dividend nAV (in `)


REGULAR PLAN MONTHLY 27-Apr-18 3.63575757 3.36673043 1009.6412

DIRECT MONTHLY 27-Apr-18 3.69663622 3.42310438 1026.5653

REGULAR PLAN MONTHLY 23-Mar-18 3.641147817 3.373453767 1008.3774

DIRECT MONTHLY 23-Mar-18 3.701251852 3.429139006 1025.0110

REGULAR PLAN MONTHLY 23-Feb-18 3.63072267 3.36379507 1005.5660

DIRECT MONTHLY 23-Feb-18 3.69649983 3.42473635 1023.7808

net Asset Value (nAV) as on April 27, 2018 (in Rs)

Plan / Option Regular Plan Direct Plan

GROWTH 1894.2254 1950.1338

DAILY DIVIDEND 1005.4831 1006.6500

WEEKLY DIVIDEND 1003.6085 1004.3914

MONTHLY DIVIDEND 1009.6412 1026.5653


Below 1 Year 39.85%

Above 1 Year 18.09%


Please refer to page no. 11 for tax on dividend distributionPlease refer to page no. 16 for Product LabelingFace Value changed from ` 10/- to ` 1000/- with effect from 21st September 2014

Performance as on April 27,2018

Period Essel UltraShort Term

Fund

CRISIL Liquid Fund

Index ^@

1 Year Govt.T-Bill ^@@

1 year CAGR % 6.06% 6.83% 6.11%

3 year CAGR % 6.98% 7.29% 6.91%

5 year CAGR % 7.72% 8.05% 6.97%



18942.25 18568.08 16980.25


10605.71 10682.98 10610.93


12240.67 12347.13 12216.00


14494.81 14722.26 14000.82

^ - The returns are calculated to the Total Return Index (TRI) variant of the benchmark @ - Benchmark @@ - Additional Benchmark For performance of other schemes managed by Mr. Killol Pandya please refer to page nos. 5,7,8,9 &10.

Expense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.

As on April, 2018

Average Maturity (Yrs) 0.58

Modified Duration (Yrs) 0.52

# TER - Reg (%) 0.85

# TER - Direct (%) 0.24

Portfolio Yield (%) 7.23



Asset Allocation


Rating Profile (%)

7

ESSEl SHORT TERM FunD

(An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year - 3 years)



COMMERCIAl PAPER 4.73%

Reliance Jio Infocomm Limited ICRA A1+ 4.73%

nOn-COnVERTIBlE DEBEnTuRE / ZCB 71.55%

LIC Housing Finance Ltd CRISIL AAA 18.59%

Mahindra & Mahindra Financial Services FITCH AAA 11.26%

Power Grid Corporation of India Ltd CRISIL AAA 9.55%

SIDBI CARE AAA 9.51%

Kotak Mahindra Prime Ltd CRISIL AAA 9.37%

Housing Development Finance Corporation Ltd CRISIL AAA 7.59%

Indian Railway Finance Corporation Ltd CRISIL AAA 3.78%

ICICI Bank Ltd CAREAAA 1.90%

FIXED DEPOSITS 1.90%

HDFC Bank Ltd 1.90%


21.82%

Total 100.00%

Key Scheme Information

Investment ObjectiveTo generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Allotment Date18th August 2010


Asset Allocation PatternDebt & Money Market Instruments to maintain a portfolio of Macaulay Duration between 1 and 3 years : 0% to 100%Cash & Cash Equivalents : 0% to 100%Investment in REITs and InviTs : 0% to 10%(w.e.f. 1st-March'18)


Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter

Benchmark : CRISIL Short Term Bond Fund Index^

Fund ManagerMr. Killol Pandya : Total experience 18 years (Managing this Fund w.e.f: 18th September 2015)


Scheme / Plan Record Date

net Dividend (` per unit) Cum Dividend nAV (in `)Individual/

HUF Corporate

REGULAR MONTHLY 10-Apr-18 0.04988706 0.04619568 10.3869

DIRECT MONTHLY 10-Apr-18 0.0520326 0.04818246 10.8339

REGULAR MONTHLY 12-Mar-18 0.0498495 0.04618461 10.3647

DIRECT MONTHLY 12-Mar-18 0.05195821 0.04813828 10.8039

REGULAR MONTHLY 12-Feb-18 0.04995498 0.04628233 10.3800

DIRECT MONTHLY 12-Feb-18 0.05204483 0.04821854 10.8149

Dividend History (quarterly)


net Dividend (` per unit) Cum Dividend nAV (in `)Individual/

HUF Corporate

REGULAR QUARTERLY 22-Mar-18 0.1577596 0.14616125 10.9453

DIRECT QUARTERLY 22-Mar-18 0.16556427 0.15339212 11.4899

REGULAR QUARTERLY 02-Nov-17 0.1590428 0.14735011 11.0221

DIRECT QUARTERLY 02-Nov-17 0.16633767 0.15410867 11.5301

REGULAR QUARTERLY 02-May-17 0.15752604 0.14594486 10.9190

DIRECT QUARTERLY 02-May-17 0.16366529 0.15163276 11.3535

Performance as on April 27,2018 Period Essel Short

Term FundCRISIL

Short Term Bond Fund Index^@

1 Year Govt. T-Bill^@@

1 year CAGR % 4.83% 5.52% 6.11%3 year CAGR % 6.50% 7.62% 6.91%5 year CAGR % 7.42% 8.28% 6.97%Since Inception CAGR % 8.60% 8.23% 7.03%Current Value of investment if ` 10000/- was invested on Inception date (in `)

18866.70 18379.24 16864.05


10483.13 10551.55 10610.93


12075.54 12459.92 12216.00


14294.47 14875.77 14000.82

^ - The returns are calculated to the Total Return Index (TRI) variant of the benchmark @ - Benchmark @@ - Additional Benchmark For performance of other schemes managed by Mr. Killol Pandya please refer to page nos. 5,6,8,9 & 10.Expense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.As on April, 2018

Average Maturity (Yrs) 1.34Modified Duration (Yrs) 1.12# TER - Reg (%) 1.19# TER - Direct (%) 0.37Portfolio Yield (%) 8.06



Asset Allocation


Rating Profile (%)

net Asset Value (nAV) as on April 27, 2018 (in Rs)Plan / Option Regular Plan Direct Plan

GROWTH 18.8667 19.7474MONTHLY DIVIDEND 10.2912 10.7298QUARTERLY DIVIDEND 10.7704 11.3084BONUS 14.1409 19.7880

Maturity Profile % WeightageBelow 1 Year 21.83%Above 1 Year 56.35%Cash & Cash Equivalent 21.82%Please refer to page no. 11 for tax on dividend distribution Please refer to page no. 16 for Product Labeling

8




100.00%

Total 100.00%

Key Scheme Information

Investment ObjectiveTo generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including bonds, debentures and government securities and money market instruments over various maturity periods. However, there can be no assurance or guarantee that the investment objective of the Scheme(s) will be achieved. The Scheme(s) does not assure or guarantee any returns.

Allotment Date21st August 2012


Asset Allocation PatternDebt & Money Market instruments : 0% to 100%Cash & Cash Equivalents : 0% to 100%Investment in REITs and InvITs : 0% to 10%(w.e.f. 1st-March'18)


Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafter

Benchmark : CRISIL Composite Bond Fund Index^

Fund ManagerMr. Killol Pandya - Total experience 18 years. (Managing this Fund w.e.f: 18th September 2015)



net Dividend (` per unit) Cum

Dividend nAV (in `)Individual/

HUF Corporate

Regular-Monthly 10-Jul-13 0.04675609 0.04478483 10.0699

Direct Monthly 10-Jul-13 0.16008741 - 10.2115

Regular Monthly 10-Jun-13 0.09351267 0.08955192 10.1495



net Dividend (` per unit) Cum

Dividend nAV (in `)Individual/

HUF Corporate

Direct Quarterly 3-May-13 0.43797219 0.37316218 10.7199

Regular-Quarterly 3-May-13 0.17518888 0.14926487 10.3064

Regular-Quarterly 4-Feb-13 0.35239527 0.30201220 10.4709



GROWTH 13.9705 14.7476

MONTHLY DIVIDEND 12.8055 13.3602

QUARTERLY DIVIDEND 13.8066 13.9890



Please refer to page no. 11 for tax on dividend distributionPlease refer to page no. 16 for Product Labeling

Performance as on April 27,2018 Period Essel Flexible

Income Fund CRISIL

Composite Bond Fund Index^@

10 Year Dated GOI Security

^@@1 year CAGR % 2.28% 3.69% -1.01%3 year CAGR % 6.04% 7.57% 5.74%5 year CAGR % 5.47% 7.87% 5.59%Since Inception CAGR % 6.06% 8.30% 6.52%Current Value of investment if ` 10000/- was invested on Inception date (in `)

13970.50 15736.63 14320.20


10227.76 10369.00 9898.92


11919.00 12441.50 11819.10


13045.81 14595.98 13120.73

^ - The returns are calculated to the Total Return Index (TRI) variant of the benchmark @ - Benchmark @@ - Additional Benchmark For performance of other schemes managed by Mr. Killol Pandya please refer to page nos. 5,6,7,9 &10Expense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.As on April, 2018




Please refer to page no 15 for statutory details

Asset Allocation


Rating Profile (%)

ESSEl FlEXIBlE InCOME FunD

(An open ended dynamic debt scheme investing across duration)

9Please refer to page no. 11 for tax on dividend distribution, Please refer to page no. 16 for Product Labeling


Portfolio Holdings Industry/Rating % of Net Assets

EquITY & EquITY RElATED 19.77%HDFC Bank Ltd BANKS 1.89%Infosys Ltd SOFTWARE 0.93%Kotak Mahindra Bank Ltd BANKS 0.88%Tata Consultancy Service Ltd SOFTWARE 0.79%ICICI Bank Ltd BANKS 0.73%Larsen & Toubro Ltd CONSTRUCTION PROJECT 0.72%Hindustan UniLever Ltd CONSUMER NON DURABLES 0.69%Bajaj Finance Ltd FINANCE 0.62%AIA Engineering Ltd INDUSTRIAL PRODUCTS 0.50%Bharat Financial Inclusion Ltd. FINANCE 0.50%Indraprastha Gas Ltd GAS 0.49%ITC Ltd CONSUMER NON DURABLES 0.48%Nestle India Ltd CONSUMER NON DURABLES 0.48%Ratnamani Metals & Tubes Ltd FERROUS METALS 0.47%Container Corporation of India Ltd TRANSPORTATION 0.45%Bharat Electronics Ltd INDUSTRIAL CAPITAL GOODS 0.45%Hindustan Zinc Ltd NON - FERROUS METALS 0.45%Bharat Heavy Electricals Ltd INDUSTRIAL CAPITAL GOODS 0.45%eClerx Services Ltd SOFTWARE 0.44%Eicher Motors Ltd AUTO 0.43%Motherson Sumi Systems Ltd AUTO ANCILLARIES 0.42%Dalmia Bharat Ltd CEMENT 0.42%Petronet LNG Ltd. GAS 0.39%Britannia Industries Ltd CONSUMER NON DURABLES 0.38%Suprajit Engineering Ltd AUTO ANCILLARIES 0.38%Bharti Airtel Ltd TELECOM - SERVICES 0.35%Repco Home Finance Ltd FINANCE 0.33%Bosch Ltd AUTO ANCILLARIES 0.33%Sundaram Finance Ltd FINANCE 0.30%Jyothy Laboratories Ltd CONSUMER NON DURABLES 0.28%Titan Company Ltd CONSUMER DURABLES 0.28%Steel Authority of India Ltd FERROUS METALS 0.27%India Nippon Electircals Ltd AUTO ANCILLARIES 0.26%Havells India Ltd CONSUMER DURABLES 0.25%Amara Raja Batteries Ltd AUTO ANCILLARIES 0.25%Nesco Ltd COMMERCIAL SERVICES 0.25%Maruti Suzuki India Ltd AUTO 0.24%Federal Bank Ltd BANKS 0.23%TI Financial Holdings Limited FINANCE 0.23%Indian Bank BANKS 0.23%Sanghvi Movers Ltd INDUSTRIAL CAPITAL GOODS 0.22%Prism Cement Ltd CEMENT 0.21%Castrol India Ltd PETROLEUM PRODUCTS 0.17%Muthoot Capital Services Limited FINANCE 0.14%Ashiana Housing Limited CONSTRUCTION 0.12%CERTIFICATE OF DEPOSITS 4.50%SIDBI CRISIL A1+ 4.50%nOn-COnVERTIBlE DEBEnTuRE / ZCB 57.40%Housing Development Finance Corporation Ltd CRISIL AAA 9.61%Indian Railway Finance Corporation Ltd CRISIL AAA 9.61%TATA Capital Housing Finance Ltd CRISIL AA+ 8.72%Rural Electrification Corporation Ltd CRISIL AAA 7.69%L&T Infrastructure Finance Co Ltd CARE AAA 7.63%Power Finance Corporation Ltd CRISIL AAA 7.43%TATA Capital Financial Services Ltd ICRAAA+ 6.71%GOVERnMEnT SECuRITIES 12.85%6.84% GOI - 19 Dec 2022. Sovereign 6.44%7.17% GOI - 08 Jan 2028 Sovereign 6.41%CBlO (including TBIll held as Collateral)/Reverse Repo/net Current Assets/Cash/Cash Equivalent

5.48%

Total 100.00%

Key Scheme InformationInvestment ObjectiveTo generate regular income through a portfolio of predominantly high quality fixed income securities and with a marginal exposure to equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme(s) will be achieved. The Scheme(s) does not assure or guarantee any returns.Allotment Date29th July 2010


Asset Allocation Pattern"Debt & Money market instruments : 75% to 90%Equity and Equity Related Instruments and/ or Units of equity mutual fund schemes : 10% to 25%Investment in REITs & InvITs : 0% to 10%(w.e.f 1st-March'18)

Scheme FeaturesExit Load : Upto 15% of units redeemed within 365 days of allotment-NILMore than 15% of units redeemed within 365 days of allotment-1%Units redeemed after 365 days from date of allotment-NIL(w.e.f. from 12th-February'18)Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafterBenchmark : CRISIL Hybrid 85+15 Conservative Index^

Fund ManagerDebt Portion: Mr. Killol Pandya : Total experience 18 years (Managing this Fund w.e.f: 18th September 2015) Equity Portion: Mr. Viral Berawala : Total Experience 18 years (Managing this fund w.e.f: 3rd April'18. ")


GROWTH 18.0963 19.5402MONTHLY DIVIDEND 10.2244 11.0778QUARTERLY DIVIDEND 11.1327 12.0656

Maturity Profile % WeightageBelow 1 Year 21.81%Above 1 Year 52.94%Cash & Cash Equivalent 5.48%Please refer to page no. 11 for tax on dividend distributionPlease refer to page no. 16 for Product Labeling


Period Essel Regular Savings Fund

CRISIL Hybrid 85+15 -

Conservative Index^@

10 Year dated GOI

Security^@@1 year CAGR % 4.08% 5.61% -1.01%3 year CAGR % 7.02% 8.45% 5.74%5 year CAGR % 8.28% 9.21% 5.59%Since Inception CAGR % 7.95% 8.61% 6.14%Current Value of investment if ` 10000/- was invested on Inception date (in `)

18096.30 18972.47 15864.52


10408.19 10561.27 9898.92


12254.31 12749.32 11819.10


14876.32 15525.63 13120.73

^ - The returns are calculated to the Total Return Index (TRI) variant of the benchmark @ - Benchmark @@ - Additional Benchmark For performance of other schemes managed by Mr. Killol Pandya please refer to page nos. 5,6,7,8 &10. For performance of other schemes managed by Mr. Viral Berawala please refer to page nos. 10,11,12 &13"Expense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.As on April, 2018Average Maturity (Yrs) 2.33Modified Duration (Yrs) 1.84# TER - Reg (%) 2.71# TER - Direct (%) 1.08Portfolio Yield (%) 7.94


Asset Allocation

Industry Allocation - Equity(%)

Rating Profile (%)- Debt



net Dividend (` per unit) Cum Dividend nAV (in `)


Monthly 27-Apr-18 0.05520572 0.05112078 10.2244Direct Monthly 27-Apr-18 0.05981155 0.05538581 11.0778Monthly 23-Feb-18 0.05491049 0.05087351 10.1637Direct Monthly 23-Feb-18 0.05939391 0.05502732 10.9939Monthly 25-Jan-18 0.05614755 0.05201963 10.3579Direct Monthly 25-Jan-18 0.06067639 0.05621552 11.1937


Scheme / Plan Record Datenet Dividend (` per unit) Cum Dividend

nAV (in `)Individual/HUF Corporate

Regular Quarterly 22-Mar-18 0.16239187 0.15045296 11.2080Direct Quarterly 22-Mar-18 0.17580539 0.16288033 12.1376Regular Quarterly 2-Nov-17 0.16575986 0.15357334 11.5140Direct Quarterly 2-Nov-17 0.17868841 0.16555139 12.4149Regular Quarterly 2-May-17 0.16344861 0.15143201 11.3707Direct Quarterly 2-May-17 0.17522154 0.16233940 12.1924


ESSEl REGulAR SAVInGS FunD

(An open ended hybrid scheme investing predominantly in debt instruments)

10


Portfolio Holdings Industry/Rating % of Net Assets

EquITY & EquITY RElATED 24.36%HDFC Bank Ltd BANKS 1.96%Larsen & Toubro Ltd CONSTRUCTION PROJECT 1.06%Tata Consultancy Service Ltd SOFTWARE 0.96%Infosys Ltd SOFTWARE 0.91%Kotak Mahindra Bank Ltd BANKS 0.86%Maruti Suzuki India Ltd AUTO 0.84%ICICI Bank Ltd BANKS 0.72%Muthoot Capital Services Limited FINANCE 0.69%The Ramco Cements Ltd CEMENT 0.64%Sundaram Finance Ltd FINANCE 0.62%Hindustan UniLever Ltd CONSUMER NON DURABLES 0.61%Container Corporation of India Ltd TRANSPORTATION 0.59%Bharat Financial Inclusion Ltd. FINANCE 0.59%Sundaram Fasteners Ltd AUTO ANCILLARIES 0.59%Bharat Heavy Electricals Ltd INDUSTRIAL CAPITAL GOODS 0.58%Nestle India Ltd CONSUMER NON DURABLES 0.57%Petronet LNG Ltd. GAS 0.57%Dalmia Bharat Ltd CEMENT 0.54%Motherson Sumi Systems Ltd AUTO ANCILLARIES 0.53%AIA Engineering Ltd INDUSTRIAL PRODUCTS 0.52%ITC Ltd CONSUMER NON DURABLES 0.50%Ratnamani Metals & Tubes Ltd FERROUS METALS 0.49%Repco Home Finance Ltd FINANCE 0.49%Bosch Ltd AUTO ANCILLARIES 0.46%Castrol India Ltd PETROLEUM PRODUCTS 0.46%Britannia Industries Ltd CONSUMER NON DURABLES 0.44%TI Financial Holdings Limited FINANCE 0.44%Indraprastha Gas Ltd GAS 0.43%Hindustan Zinc Ltd NON - FERROUS METALS 0.43%Suprajit Engineering Ltd AUTO ANCILLARIES 0.43%Bajaj Finance Ltd FINANCE 0.43%eClerx Services Ltd SOFTWARE 0.42%Eicher Motors Ltd AUTO 0.41%Bharat Electronics Ltd INDUSTRIAL CAPITAL GOODS 0.39%Jyothy Laboratories Ltd CONSUMER NON DURABLES 0.33%Steel Authority of India Ltd FERROUS METALS 0.31%Bharti Airtel Ltd TELECOM - SERVICES 0.31%Havells India Ltd CONSUMER DURABLES 0.30%Nesco Ltd COMMERCIAL SERVICES 0.24%Amara Raja Batteries Ltd AUTO ANCILLARIES 0.24%Federal Bank Ltd BANKS 0.23%Prism Cement Ltd CEMENT 0.23%Sanghvi Movers Ltd INDUSTRIAL CAPITAL GOODS 0.23%India Nippon Electircals Ltd AUTO ANCILLARIES 0.23%Titan Company Ltd CONSUMER DURABLES 0.22%Ashiana Housing Limited CONSTRUCTION 0.21%Indian Bank BANKS 0.11%CERTIFICATE OF DEPOSITS 7.12%SIDBI CRISIL A1+ 7.12%nOn-COnVERTIBlE DEBEnTuRE / ZCB 30.23%TATA Capital Financial Services Ltd [ICRA]AA+ 7.59%Housing Development Finance Corporation Ltd CRISIL AAA 5.08%LIC Housing Finance Ltd CRISIL AAA 5.07%L&T Infrastructure Finance Co Ltd CARE AAA 5.03%Power Finance Corporation Ltd CRISIL AAA 4.90%TATA Capital Housing Finance Ltd CRISIL AA+ 2.56%Mutual Fund Units 19.86%Reliance Shares Gold BeES 19.86%GOVERnMEnT SECuRITIES 14.54%6.84% GOI - 19 Dec 2022. Sovereign 7.29%7.17% GOI - 08 Jan 2028 Sovereign 7.25%CBlO (including TBIll held as Collateral)/Reverse Repo/net Current Assets/Cash/Cash Equivalent

3.89%

Total 100.00%

Key Scheme InformationInvestment ObjectiveThe investment objective of the scheme is to generate long term capital appreciation through a portfolio of fixed income securities, Gold Exchange traded funds (ETFs) of other mutual funds and gold related instruments and equity & equity related Instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.Allotment Date5th April, 2011


Asset Allocation PatternDebt instruments of all types of companies and money market instruments : 50% to 70%Equity & Equity related instruments : 15% to 25%Gold ETFs of other mutual funds and gold related instruments : 15% to 25%Investment in REITs and InvITs : 0% to 10%(w.e.f. 1st-March18)

Scheme FeaturesExit Load : Upto 15% of units redeemed within 365 days of allotment-NILMore than 15% of units redeemed within 365 days of allotment-1%Units redeemed after 365 days from date of allotment-NIL(w.e.f. from 12th-February'18)Minimum Amount: ` 1,000/- and in multiples of `1/- thereafterBenchmark : CRISIL Hybrid 85+15 - Conservative Index+ Gold (85:15)^

Fund ManagerDebt Portion: Mr. Killol Pandya : Total experience 18 years (Managing this Fund w.e.f: 18th September 2015) Equity Portion: Equity Portion: Mr. Viral Berawala : Total Experience 18 years (Managing this fund w.e.f: 3rd April'18.


GROWTH 17.2453 18.3453MONTHLY DIVIDEND 17.2494 17.2486QUARTERLY DIVIDEND 15.3823 16.0003

Maturity Profile % WeightageAbove 1 Year 34.62%Below 1 Year 17.27%Cash & Cash Equivalent 3.89%


Period Essel 3 in 1 Fund

CRISIL Hybrid 85+15 -

Conservative Index+ Gold (85:15)^@

10 Year dated GOI Security

^@@

1 year CAGR % 5.46% 6.03% -1.01%3 year CAGR % 6.91% 7.90% 5.74%5 year CAGR % 7.58% 8.12% 5.59%Since Inception CAGR % 8.02% 8.25% 6.14%Current Value of investment if ` 10000/- was invested on Inception date (in `)

17245.3 17,516.00 15240.454


10545.84 10,601.00 9898.924


12213.64 12,557.00 11819.097


14402.77 14,770.00 13120.732

^ - The returns are calculated to the Total Return Index(TRI) variant of the benchmark @ - Benchmark @@ - Additional Benchmark " For performance of other schemes managed by Mr. Killol Pandya please refer to page nos. 5, 6, 7, 8 & 9. For performance of other schemes managed by Mr. Viral Berawala please refer to page nos. 9,11,12, &13Expense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.As on April, 2018


# Weighted average for the month

Asset Allocation

Industry Allocation - Equity(%)

Rating Profile (%)



Dividend nAV (in `)


REGULAR QUARTERLY 22-Mar-18 0.25102250 0.23256754 15.4047DIRECT QUARTERLY 22-Mar-18 0.26108784 0.24189289 16.0255REGULAR QUARTERLY 02-Nov-17 0.25495961 0.23621520 15.7120DIRECT QUARTERLY 02-Nov-17 0.26471019 0.24524893 16.3120REGULAR QUARTERLY 02-May-17 0.25358731 0.23494379 15.5982DIRECT QUARTERLY 02-May-17 0.26189336 0.24263919 16.1153


ESSESl 3 In 1 FunD

(An open ended scheme investing in Debt, Equity and Gold)

11



EquITY &EquITY RElATED 97.83%HDFC Bank Ltd BANKS 10.08%Infosys Ltd SOFTWARE 5.59%Larsen & Toubro Ltd CONSTRUCTION PROJECT 3.67%ICICI Bank Ltd BANKS 3.31%Tata Consultancy Service Ltd SOFTWARE 3.04%Maruti Suzuki India Ltd AUTO 3.04%Kotak Mahindra Bank Ltd BANKS 3.00%ITC Ltd CONSUMER NON DURABLES 2.95%TATA Motors Ltd AUTO 2.87%Hindustan UniLever Ltd CONSUMER NON DURABLES 2.64%Reliance Industries Ltd PETROLEUM PRODUCTS 2.62%Bosch Ltd AUTO ANCILLARIES 2.60%Motherson Sumi Systems Ltd AUTO ANCILLARIES 2.47%Eicher Motors Ltd AUTO 2.46%State Bank of India Ltd BANKS 2.58%Bharat Electronics Ltd INDUSTRIAL CAPITAL GOODS 2.38%Container Corporation of India Ltd TRANSPORTATION 1.90%Repco Home Finance Ltd FINANCE 1.88%ICICI Lombard General Insurance Company Limited FINANCE 1.86%Bharat Heavy Electricals Ltd INDUSTRIAL CAPITAL GOODS 1.84%Bharat Petroleum Corporation Ltd PETROLEUM PRODUCTS 1.81%Hindustan Zinc Ltd NON - FERROUS METALS 1.71%Indraprastha Gas Ltd GAS 1.68%Shree Cements Ltd CEMENT 1.65%Nestle India Ltd CONSUMER NON DURABLES 1.64%Petronet LNG Ltd. GAS 1.59%Havells India Ltd CONSUMER DURABLES 1.56%Sundaram Finance Ltd FINANCE 1.55%IndusInd Bank Ltd BANKS 1.54%Dalmia Bharat Ltd CEMENT 1.42%Asian Paints Ltd CONSUMER NON DURABLES 1.40%Indiabulls Real Estate Ltd. CONSTRUCTION 1.38%AIA Engineering Ltd INDUSTRIAL PRODUCTS 1.35%Jubilant Foodworks Ltd. CONSUMER NON DURABLES 1.33%Punjab National Bank BANKS 1.73%Power Grid Corporation of India Ltd POWER 1.21%Hero Motocorp Ltd AUTO 1.97%Tamilnadu Newsprint and Papers Ltd PAPER 1.03%Bharti Airtel Ltd TELECOM - SERVICES 0.95%Sun Pharmaceuticals Industries Ltd PHARMACEUTICALS 0.92%Bajaj Finance Ltd FINANCE 0.89%eClerx Services Ltd SOFTWARE 0.78%Amara Raja Batteries Ltd AUTO ANCILLARIES 0.70%Adani Enterprises Ltd TRADING 0.49%Adani Green Energy Limited POWER 0.03%Housing Development Finance Corporation Ltd FINANCE 0.99%IDBI Bank Ltd BANKS 0.05%Can Fin Homes Ltd FINANCE 0.62%Marico Ltd CONSUMER NON DURABLES 0.51%Ultratech Cement Ltd CEMENT 0.32%Yes Bank Limited BANKS 0.25%Others (Including Derivative) -7.94%CBlO (including TBIll held as Collateral)/Reverse Repo/net Current Assets/Cash/Cash Equivalent

10.11%

Total 100.00%

Key Scheme InformationInvestment ObjectiveThe primary investment objective of the scheme is to generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of Equity & equity related securities diversified over various sectors of large cap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. (w.e.f. 1st-March'18).Allotment Date28th September, 2011


Asset Allocation PatternEquity & equity related instruments of Large Cap companies : 80% to 100%Other Equity & Equity related instruments : 0% to 20%Debt & Money Market Instruments : 0% to 20%Investment in REITs and InviTs : 0% to 10%(w.e.f. 1st-March'18)

Scheme FeaturesExit Load : Upto 15% of units redeemed within 365 days of allotment-NILMore than 15% of units redeemed within 365 days of allotment-1%Units redeemed after 365 days from date of allotment-NIL(w.e.f. from 12th-February'18)Minimum Amount: ` 1,000/- and in multiples of `1/- thereafter Benchmark : Nifty 50 Index *

Fund Manager Mr. Viral Berawala - Total Experience 18 years (Managing this fund w.e.f: 3rd - April'18.)"

Dividend History


net Dividend (` Per unit) Cum Dividend nav (In `)

Individual/Huf Corporate

Normal 20-Dec-17 3.5000 3.5000 17.9685Direct Normal 20-Dec-17 4.0000 4.0000 19.0847Normal 16-Nov-15 2.5000 2.5000 15.1693Normal Direct 16-Nov-15 2.5000 2.5000 15.6576Dividend History (quarterly)Regular Quarterly 22-Mar-18 0.3000 0.3000 15.2320Direct Quarterly 22-Mar-18 0.4000 0.4000 15.0944Regular Quarterly 02-Nov-17 0.3000 0.3000 16.4804Direct Quarterly 02-Nov-17 0.4000 0.4000 16.3820Regular Quarterly 02-May-17 0.3000 0.3000 15.5222Direct Quarterly 02-May-17 0.4000 0.4000 15.4569Dividend History (Half Yearly)Regular Half Yearly 27-Jun-17 5.0000 5.0000 18.6083Direct Half Yearly 27-Jun-17 3.5000 3.5000 18.7598Regular Half Yearly 26-Oct-16 1.0000 1.0000 17.4268Direct Half Yearly 26-Oct-16 1.0000 1.0000 17.4467Dividend History (Yearly)Regular Yearly 22-Mar-18 3.4800 3.4800 18.2122Direct Yearly 22-Mar-18 4.2000 4.2000 20.2221Yearly 26-Oct-16 1.5000 1.5000 17.3879


Period Essel Large Cap Equity Fund Nifty 50*@@ Nifty 50*@@@

1 year CAGR % 8.80% 16.91% 16.91%3 year CAGR % 13.09% 10.89% 10.89%5 year CAGR % 14.53% 14.03% 14.03%Since Inception CAGR % 13.30% 13.83% 13.83%Current Value of investment if ` 10000/- was invested on Inception date (in `)

22749.90 23487.53 23487.53


10884.55 11701.07 11701.07


14467.62 13639.94 13639.94


19717.20 19285.78 19285.78

For performance of other schemes managed by Mr. Viral Berawala please refer to page nos. 9,10,12, &13". * - The returns are calculated to the Total Return Index (TRI) variant of the benchmark @@ - Benchmark @@@ - Additional BenchmarkExpense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.

SIP ReturnsSIP Tenure (in years) 3 5Investment Amount 10,000 10,000 Start Date 01-Jun-2015 30-May-2013End Date 30-Apr-2018 30-Apr-2018Total no of Installments 36 60Total Amount Invested (Rs) 360000.00 600000.00Present value (Rs) 438555.14 845223.76Total No Units 19277.2338 37152.8559CAGR (%) 14.50 14.94XIRR(%) 14.00 14.12Yield (%) 21.82 40.87

SIP date every 1st business day of the monthPast performance may or may not be sustained in the future. Assuming Rs10,000 invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market."For performance of other schemes managed by Mr. Viral Berawala please refer to page nos. 9,10,12, &13"

Risk Measures April 2018Standard Deviation^(%) 13.30Benchmark Standard Deviation^ (%) 13.44Sharpe Ratio~ 0.49Beta 0.92# TER - Reg (%) 2.95# TER - Direct (%) 0.73Portfolio Turnover Ratio (Times) 2.67

# - Weighted average for the month^Statistical returns based on monthly returns over the past 3 year data as on April 28, 2018.~ 1 day MIBOR has been assumed as the risk-free rate of return.

Past Performance is no guarantee of future results. For details please refer Page 15.

Asset Allocation Market Capitalisation (%)

Small Cap Mid Cap Large Cap

4%10%

76%

Industry Allocation - Equity (%)

Please refer to page no 14 and 15 for statutory details


Growth 22.7499 24.3037Normal Dividend 14.3300 14.9852Quarterly Dividend 15.8919 15.6528Half Yearly Dividend 14.6392 16.5495Yearly Dividend 15.6422 17.0236

Please refer to page no. 16 for Product Labeling

Tax on Dividend Distribution Nature Individual/HuF Domestic Companies

Liquid Funds 29.12% 34.944% Debt Funds 29.12% 34.944% Equity Funds 11.648% 11.648%

ESSEl lARGE CAP EquITY FunD

(Large Cap Fund - An open ended equity scheme predominantly investing in large cap stocks)

12


Portfolio Holdings Industry % of Net Assets

EquITY & EquITY RElATED 97.76%HDFC Bank Ltd BANKS 4.63%Ratnamani Metals & Tubes Ltd FERROUS METALS 2.80%Godrej Agrovet Limited CONSUMER NON DURABLES 2.68%Dalmia Bharat Ltd CEMENT 2.47%Sundaram Finance Ltd FINANCE 2.41%AIA Engineering Ltd INDUSTRIAL PRODUCTS 2.35%Motherson Sumi Systems Ltd AUTO ANCILLARIES 2.35%IndusInd Bank Ltd BANKS 2.35%Sundaram Fasteners Ltd AUTO ANCILLARIES 2.27%Hindustan Zinc Ltd NON - FERROUS METALS 2.18%Bharat Heavy Electricals Ltd INDUSTRIAL CAPITAL GOODS 2.17%Petronet LNG Ltd. GAS 2.16%Suprajit Engineering Ltd AUTO ANCILLARIES 2.13%Britannia Industries Ltd CONSUMER NON DURABLES 2.10%City Union Bank Ltd BANKS 2.10%Finolex Industries INDUSTRIAL PRODUCTS 2.08%Container Corporation of India Ltd TRANSPORTATION 2.07%TI Financial Holdings Limited FINANCE 2.06%The Ramco Cements Ltd CEMENT 1.96%Indraprastha Gas Ltd GAS 1.95%Tata Chemicals Ltd. CHEMICALS 1.94%eClerx Services Ltd SOFTWARE 1.86%Bosch Ltd AUTO ANCILLARIES 1.85%Bajaj Finance Ltd FINANCE 1.82%Nesco Ltd COMMERCIAL SERVICES 1.74%Bharat Electronics Ltd INDUSTRIAL CAPITAL GOODS 1.67%Berger Paints CONSUMER NON DURABLES 1.64%TTK Prestige Limited CONSUMER DURABLES 1.64%ICICI Lombard General Insurance Company Limited FINANCE 1.61%Colgate Palmolive Ltd CONSUMER NON DURABLES 1.60%Capital First Ltd. FINANCE 1.53%Repco Home Finance Ltd FINANCE 1.53%Havells India Ltd CONSUMER DURABLES 1.51%Larsen & Toubro Ltd CONSTRUCTION PROJECT 1.47%Titan Company Ltd CONSUMER DURABLES 1.40%Tata Consultancy Service Ltd SOFTWARE 1.35%Federal Bank Ltd BANKS 1.31%TATA Motors Ltd AUTO 1.30%Solar Industries India Ltd CHEMICALS 1.29%Kotak Mahindra Bank Ltd BANKS 1.27%Indiabulls Real Estate Ltd. CONSTRUCTION 1.23%ICICI Bank Ltd BANKS 1.22%Steel Authority of India Ltd FERROUS METALS 1.18%Triveni Turbine Ltd INDUSTRIAL CAPITAL GOODS 1.15%Hero Motocorp Ltd AUTO 1.07%India Nippon Electircals Ltd AUTO ANCILLARIES 1.03%Indian Bank BANKS 1.02%Relaxo Footwears Ltd CONSUMER DURABLES 1.00%Hindustan UniLever Ltd CONSUMER NON DURABLES 0.96%Prism Cement Ltd CEMENT 0.95%Castrol India Ltd PETROLEUM PRODUCTS 0.93%Ashiana Housing Limited CONSTRUCTION 0.92%Gulf Oil Lubricants I Ltd PETROLEUM PRODUCTS 0.89%Astral Poly Technik Ltd. INDUSTRIAL PRODUCTS 0.88%Jyothy Laboratories Ltd CONSUMER NON DURABLES 0.86%Adani Enterprises Ltd TRADING 0.13%Adani Green Energy Limited POWER 0.01%Bharat Forge Ltd INDUSTRIAL PRODUCTS 0.89%Apollo Tyres Ltd AUTO ANCILLARIES 0.84%Marico Ltd CONSUMER NON DURABLES 0.83%State Bank of India Ltd BANKS 0.71%Yes Bank Limited BANKS 0.40%IDBI Bank Ltd BANKS 0.06%CBlO (including TBIll held as Collateral)/Reverse Repo/net Current Assets/Cash/Cash Equivalent

2.24%

Total 100.00%

Key Scheme InformationInvestment ObjectiveThe investment objective of the scheme is to generate capital appreciation over medium to long-term by investing predominantly in equity and equity related securities of mid cap companies & large cap companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.(w.e.f. 1st-March'18)Allotment Date7th December, 2015


Asset Allocation PatternEquity and Equity Related Instruments of Large Cap Companies : 35% to 65%Equity and Equity Related Instruments of Midcap Companies : 35% to 65%Other Equity & Equity related instruments : 0% to 30%Debt & Money Market Instruments : 0% to 30%Investment in REITs and InvITs : 0% to 10%(w.e.f. 1st-March'18)

Scheme FeaturesExit Load : Upto 15% of units redeemed within 365 days of allotment-NILMore than 15% of units redeemed within 365 days of allotment-1%Units redeemed after 365 days from date of allotment-NIL(w.e.f. from 12th-February'18)Minimum Amount: ` 1,000/- and in multiples of ` 1/- thereafterBenchmark : S&P BSE 200 Index*

Fund ManagerMr. Viral Berawala - Total Experience 18 years (Managing this fund w.e.f: 3rd - April'18.


GROWTH 15.2156 15.8552NORMAL DIVIDEND 15.2123 15.6579ANNUAL DIVIDEND 15.6453 15.6581HALF YEARLY DIVIDEND - 15.8533


Period Essel large & Midcap Fund

S&P BSE 200*@

NIFTY 50* @@

1 year CAGR % 8.43% 17.04% 16.91%



15215.60 14719.63 14246.39


10847.75 11714.40 11701.07

* - The returns are calculated to the Total Return Index (TRI) variant of the benchmark @ - Benchmark @@ - Additional BenchmarkFor performance of other schemes managed by Mr. Viral Berawala please refer to page nos. 9,10,11, &13.Expense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan - Growth Option.The scheme has not completed 3 years hence the performance of 1 year is presented.

SIP ReturnsSIP Tenure (in years) 1

Investment Amount 10,000

Start Date 30-May-2017

End Date 30-Apr-2018

Total no of Installments 12

Total Amount Invested (Rs) 120000.00

Present value (Rs) 124624.57

Total No Units 8190.5789

CAGR (%) 8.59

XIRR(%) 8.59

Yield (%) 3.85

SIP date every 1st business day of the monthPast performance may or may not be sustained in the future. Assuming ` 10,000 invested systematicallyon the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.

As on April, 2018

# TER - Reg (%) 3.00# TER - Direct (%) 1.75Portfolio Turnover Ratio (Times) 1.99


Asset Allocation

Market Capitalisation (%)


22%

34%

41%


ESSEl lARGE & MIDCAP FunD

(Large & Midcap Fund - An open ended equity scheme investing in both large cap and mid cap stocks)

13


Portfolio Holdings Industry % of Net Assets

EquITY & EquITY RElATED 96.85%HDFC Bank Ltd BANKS 8.64%Kotak Mahindra Bank Ltd BANKS 3.67%Bharat Financial Inclusion Ltd. FINANCE 3.13%ICICI Bank Ltd BANKS 2.87%Godrej Agrovet Limited CONSUMER NON DURABLES 2.85%Tata Consultancy Service Ltd SOFTWARE 2.85%Federal Bank Ltd BANKS 2.65%Nestle India Ltd CONSUMER NON DURABLES 2.53%Larsen & Toubro Ltd CONSTRUCTION PROJECT 2.26%Sundaram Fasteners Ltd AUTO ANCILLARIES 2.21%ITC Ltd CONSUMER NON DURABLES 2.21%eClerx Services Ltd SOFTWARE 2.16%Motherson Sumi Systems Ltd AUTO ANCILLARIES 2.14%Hindustan UniLever Ltd CONSUMER NON DURABLES 2.12%Container Corporation of India Ltd TRANSPORTATION 2.11%TTK Prestige Limited CONSUMER DURABLES 2.09%AIA Engineering Ltd INDUSTRIAL PRODUCTS 2.06%State Bank of India Ltd BANKS 1.99%Hindustan Zinc Ltd NON - FERROUS METALS 1.98%Repco Home Finance Ltd FINANCE 1.95%United Breweries Ltd CONSUMER NON DURABLES 1.94%Britannia Industries Ltd CONSUMER NON DURABLES 1.86%Indraprastha Gas Ltd GAS 1.74%Eicher Motors Ltd AUTO 1.68%Ratnamani Metals & Tubes Ltd FERROUS METALS 1.58%Hero Motocorp Ltd AUTO 1.51%The Ramco Cements Ltd CEMENT 1.50%Jyothy Laboratories Ltd CONSUMER NON DURABLES 1.47%Orient Paper Ltd CONSUMER DURABLES 1.44%Sundaram Finance Ltd FINANCE 1.43%Petronet LNG Ltd. GAS 1.37%Havells India Ltd CONSUMER DURABLES 1.33%Muthoot Capital Services Limited FINANCE 1.33%Punjab National Bank BANKS 1.28%Maruti Suzuki India Ltd AUTO 1.25%Steel Authority of India Ltd FERROUS METALS 1.25%Bharti Airtel Ltd TELECOM - SERVICES 1.24%Bharat Heavy Electricals Ltd INDUSTRIAL CAPITAL GOODS 1.24%Titan Company Ltd CONSUMER DURABLES 1.23%Infosys Ltd SOFTWARE 1.21%Castrol India Ltd PETROLEUM PRODUCTS 1.18%TI Financial Holdings Limited FINANCE 1.17%Jubilant Foodworks Ltd. CONSUMER NON DURABLES 1.14%India Nippon Electircals Ltd AUTO ANCILLARIES 1.09%Indiabulls Real Estate Ltd. CONSTRUCTION 1.09%Sanghvi Movers Ltd INDUSTRIAL CAPITAL GOODS 1.05%Prism Cement Ltd CEMENT 1.00%Nesco Ltd COMMERCIAL SERVICES 0.96%Bharat Forge Ltd INDUSTRIAL PRODUCTS 0.94%Amara Raja Batteries Ltd AUTO ANCILLARIES 0.87%Bosch Ltd AUTO ANCILLARIES 0.86%Ashiana Housing Limited CONSTRUCTION 0.81%Dalmia Bharat Ltd CEMENT 0.62%Bharat Electronics Ltd INDUSTRIAL CAPITAL GOODS 0.53%Orient Electric Limited CONSUMER DURABLES 0.19%CBlO (including TBIll held as Collateral)/Reverse Repo/net Current Assets/Cash/Cash Equivalent

3.15%

Total 100.00%

Key Scheme InformationInvestment ObjectiveThe 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 Rs1,50,000/- 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.Allotment Date30th December, 2015


Asset Allocation PatternEquity and Equity Related Instruments: 80% to 100%Debt and Money Market Instruments: 0% to 20%

Scheme FeaturesExit Load : NILMinimum Amount: ` 500/- and in multiples of ` 500/- thereafterBenchmark : S&P BSE 100 Index*

Fund ManagerMr. Viral Berawala - Total Experience 18 years (Managing this fund w.e.f: 3rd - April'18.



GROWTH 14.0687 14.6019

DIVIDEND 14.0698 14.4881


Period ESSEl lOnG TERM ADVAnTAGE FunD

S&P BSE 100* @

NIFTY 50* @@

1 year CAGR % 9.15% 16.75% 16.91%



14068.70 14287.77 14010.32


10920.53 11684.91 11701.07

* - The returns are calculated to the Total Return Index (TRI) variant of the benchmark @ - Benchmark @@ - Additional Benchmark For performance of other schemes managed by Mr. Viral Berawala please refer to page nos. 9,10,11, & 12.Expense structure for Direct & Regular Plan may vary.Past performance may or may not be sustained in futureReturns are compounded annualized. The performance of the dividend plan for the investor would be net of dividend distribution tax, as applicable. The returns are calculated for Regular Plan- Growth Option.The scheme has not completed 3 years hence the performance of 1 year is presented.

SIP ReturnsSIP Tenure (in years) 1Investment Amount 10,000 Start Date 30-May-2017End Date 30-Apr-2018Total no of Installments 12Total Amount Invested (Rs) 120000.00Present value (Rs) 123525.21Total No Units 8780.1437CAGR (%) 6.51XIRR(%) 6.52Yield (%) 2.94

SIP date every 1st business day of the monthPast performance may or may not be sustained in the future. Assuming ` 10,000 invested systematicallyon the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market.

As on April, 2018

# TER - Reg (%) 2.80# TER - Direct (%) 1.51Portfolio Turnover Ratio (Times) 1.51

# Weighted average for the month


Asset Allocation

Market Capitalisation (%)


17%

27%

53%


ESSEl lOnG TERM ADVAnTAGE FunD

(An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)

14

Fun

DS

AT A

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in)

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ove

min

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ultip

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tiona

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se am

t.Ad

ditio

nal

Purc

hase

inm

ultip

les ab

ove

AUM

as o

n

April

30, 2

018

Esse

l Liqu

idFu

ndAn

Ope

n En

ded

Liquid

Sch

eme

To p

rovid

e a

high

level

of li

quidi

ty wi

th re

ason

able

retu

rns

com

men

sura

ting

with

low

risk

thro

ugh

a po

rtfoli

o of

mon

ey m

arke

t and

deb

t sec

uritie

s. Ho

weve

r, th

ere

can

be n

o as

sura

nce

that

the

inves

tmen

t obje

ctive

of t

he sc

hem

e wi

ll be

achie

ved

Regu

lar &

Dire

ctGr

owth

/Dail

y Divi

dend

/Wee

kly

Divid

end/

Mon

thly

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end

Yes

` 100

0/-

Mult

iples

of `

1/-

ther

eafte

r` 1

00/-

Mult

iples

of `

1/-

ther

eafte

r` 5

96.9

5 Cr

s

Esse

l Ultr

a Sh

ort T

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ope

n en

ded

ultra

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rm d

ebt s

chem

e inv

estin

g in

instru

men

ts su

chth

at M

acau

lay d

urat

ion o

f the

po

rtfoli

o is

betw

een

3 m

onth

s an

d 6

mon

ths.

To p

rovid

e op

timal

retu

rns

and

liquid

ity to

the

inves

tors

by

inves

ting

prim

arily

in a

mix

of m

oney

mar

ket a

nd s

hort

term

deb

t ins

trum

ents

which

resu

lts in

a p

ortfo

lio h

aving

m

argin

ally

highe

r mat

urity

as

com

pare

d to

a li

quid

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at t

he s

ame

time

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taini

ng

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alanc

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etwe

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d liq

uidity

. How

ever

, the

re c

an b

e no

ass

uran

ce th

at th

e inv

estm

ent o

bjecti

ve o

f the

sche

me

will b

e ac

hieve

d

Regu

lar &

Dire

ctGr

owth

/Dail

y Divi

dend

/Wee

kly

Divid

end/

Mon

thly

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end

Yes

` 100

0/-

Mult

iples

of `

1/-

ther

eafte

r` 1

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Mult

iples

of `

1/-

ther

eafte

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9.24

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Esse

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und

An o

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bt sc

hem

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estin

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instru

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ch th

at th

eM

acau

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f the

po

rtfoli

o is

betw

een

1

year

- 3

year

s

To g

ener

ate

incom

e an

d ca

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appr

eciat

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y inv

estin

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a div

ersifi

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ortfo

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f deb

t an

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oney

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ket s

ecur

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Howe

ver,

ther

e ca

n be

no

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at th

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estm

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objec

tive

of th

e sc

hem

e wi

ll be

achie

ved

Regu

lar &

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ctGr

owth

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thly

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end/

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terly

Divi

dend

Yes

` 100

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Mult

iples

of `

1/-

ther

eafte

r` 1

00/-

Mult

iples

of `

1/-

ther

eafte

r` 4

6.20

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Esse

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com

e Fu

ndAn

ope

n en

ded

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sc

hem

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estin

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ross

du

ratio

n

The

prim

ary

inves

tmen

t obje

ctive

of t

he s

chem

e wi

ll end

eavo

ur to

gen

erat

e re

ason

able

retu

rns

thro

ugh

activ

e du

ratio

n m

anag

emen

t of t

he p

ortfo

lio, w

hile

main

taini

ng li

quidi

ty by

inve

sting

in d

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strum

ents

includ

ing b

onds

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nd G

over

nmen

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d m

oney

mar

ket i

nstru

men

ts ov

er v

ariou

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riods

. How

ever

ther

e is

no a

ssur

ance

or

guar

ante

e tha

t the i

nves

tmen

t obje

ctive

of th

e sch

eme w

ill be

achie

ved.

The

sche

me d

oes

not a

ssur

e or

gua

rant

ee a

ny re

turn

s

Regu

lar &

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ctGr

owth

/Mon

thly

Divid

end/

Quar

terly

Divi

dend

Yes

` 100

0/-

Mult

iples

of `

1/-

ther

eafte

r` 1

00/-

Mult

iples

of `

1/-

ther

eafte

r` 0

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Esse

l Reg

ular S

aving

s Fu

ndAn

ope

n en

ded

dyna

mic

debt

sc

hem

e inv

estin

g ac

ross

du

ratio

n

To ge

nera

te re

gular

Inco

me t

hrou

gh a

portf

olio o

f pre

dom

inant

ly hig

h qua

lity fix

ed in

com

e se

curit

ies an

d with

the m

argin

al ex

posu

re to

equit

y and

equit

y rela

ted s

ecur

ities.

Howe

ver,

ther

e is

no a

ssur

ance

or g

uara

ntee

that

the

inves

tmen

t obje

ctive

of t

he s

chem

e wi

ll be

achie

ved.

The

sche

me

does

not

ass

ure

or g

uara

ntee

any

retu

rns

Regu

lar &

Dire

ctGr

owth

/Mon

thly

Divid

end/

Quar

terly

Divid

end

Yes

` 100

0/-

Mult

iples

of `

1/-

ther

eafte

r` 1

00/-

Mult

iples

of `

1/-

ther

eafte

r`

61.0

0 Cr

s

Esse

l 3 in

1Fu

ndAn

ope

n en

ded

sche

me

inves

ting

in De

bt, E

quity

an

d Go

ld

The

inves

tmen

t obje

ctive

of t

he s

chem

e is

to g

ener

ate

long

term

cap

ital a

ppre

ciatio

n th

roug

h a

portf

olio

of fix

ed in

com

e se

curit

ies, G

old E

TFs o

f oth

er m

utua

l fund

s and

gold

re

lated

instr

umen

ts an

d Eq

uity

& Eq

uity

relat

ed In

strum

ents.

How

ever

ther

e ca

n be

no

assu

ranc

e th

at th

e inv

estm

ent o

bjecti

ve o

f the

sche

me

will b

e ac

hieve

d

Regu

lar &

Dire

ctGr

owth

/Mon

thly

Divid

end/

Quar

terly

Divid

end

Yes

` 100

0/-

Mult

iples

of `

1/-

ther

eafte

r` 1

00/-

Mult

iples

of `

1/-

ther

eafte

r` 1

9.89

Crs

Esse

l Lar

ge C

ap E

quity

Fu

nd(w

.e.f.

2nd

- Apr

il '18

, ear

lier

know

n as

Ess

el Eq

uity

Fund

)

Larg

e Ca

p Fu

nd -

An o

pen

ende

d eq

uity s

chem

e pr

edom

inant

ly inv

estin

gin

large

cap

stock

s

The

prim

ary

inves

tmen

t ob

jectiv

e of

the

sch

eme

is to

gen

erat

e lon

g te

rm c

apita

l ap

prec

iation

by

inves

ting

in an

acti

vely

man

aged

por

tfolio

pre

dom

inant

ly co

nsist

ing o

f Eq

uity &

equit

y rela

ted s

ecur

ities d

ivers

ified o

ver v

ariou

s sec

tors

of la

rge c

ap co

mpa

nies.

Howe

ver, t

here

is no

assu

ranc

e or g

uara

ntee

that

the i

nves

tmen

t obje

ctive

of th

e Sch

eme

will

be a

chiev

ed. T

he S

chem

e do

es n

ot a

ssur

e or

gua

rant

ee a

ny re

turn

s. (w

.e.f.

1st-

Mar

ch'18

).

Regu

lar &

Dire

ctGr

owth

/Nor

mal

Divid

end/

Quar

terly

Divi

dend

/Ha

lf Yea

rly D

ivide

nd/

Year

ly Di

viden

d

Yes

`100

0/-

Mult

iples

of `

1/-

ther

eafte

r` 1

/-M

ultipl

es o

f ` 1

/- th

erea

fter

` 151

.85

Crs

Esse

l Lon

g Ter

m A

dvan

tage

Fu

ndAn

ope

n en

ded

equit

y lin

ked

savin

g sc

hem

e wi

th a

sta

tuto

ry lo

ck in

of 3

year

s and

ta

x ben

efit

The

Sche

me

will s

eek

to in

vest

pred

omina

ntly

in a

diver

sified

por

tfolio

of

equ

ity a

nd

equit

y re

lated

instr

umen

ts w

ith th

e o

bjecti

ve t

o p

rovid

e in

vesto

rs w

ith o

ppor

tunit

ies

for c

apita

l a

ppre

ciatio

n

and

inc

ome

gen

erat

ion

alon

g w

ith th

e b

enefi

t of

inc

ome

tax

dedu

ction

(un

der

Secti

on 8

0C o

f th

e In

com

e Ta

x Ac

t, 1

961)

on

their

inv

estm

ents.

Spe

cified

Inve

stors

in th

e Sch

eme a

re en

titled

to de

ducti

ons o

f th

e am

ount

inv

este

d i

n U

nits

of

the

Sch

eme,

su

bject

to a

max

imum

of

Rs 1

,50,

000/

- un

der

and

in t

erm

s of

Sec

tion

80

C (

2) (

xiii)

of

the

Inco

me

Tax

Act,

196

1.

Inve

stmen

t in th

is sc

hem

e wo

uld b

e su

bject

to st

atut

ory l

ock-

in pe

riod

of 3

year

s fro

m th

e da

te of

allot

men

t to be

eligi

ble fo

r inco

me t

ax be

nefit

unde

r sec

tion 8

0 C. T

here

can b

e no

assu

ranc

e th

at th

e inv

estm

ent o

bjecti

ve u

nder

the

Sche

me

will b

e re

alize

d.

Regu

lar &

Dire

ctGr

owth

/ Di

viden

dNo

` 500

/-M

ultipl

es o

f ` 5

00/-

ther

eafte

r` 5

00/-

Mult

iples

of `

50

0/-

ther

eafte

r

` 41.

18 C

rs

Esse

l Lar

ge &

Midc

ap F

und

Larg

e &

Midc

ap F

und

- An

open

end

ed e

quity

sche

me

inves

ting

in bo

th la

rge

cap

and

mid

cap

stock

s.

The

inves

tmen

t obje

ctive

of t

he sc

hem

e is

to g

ener

ate

capit

al ap

prec

iation

ove

r med

ium

to lo

ng-te

rm b

y inv

estin

g pr

edom

inant

ly in

equit

y and

equ

ity re

lated

secu

rities

of m

id ca

p co

mpa

nies &

larg

e cap

com

panie

s. Ho

weve

r, the

re is

no as

sura

nce o

r gua

rant

ee th

at th

e inv

estm

ent o

bjecti

ve o

f the

Sch

eme

will

be a

chiev

ed. T

he S

chem

e do

es n

ot a

ssur

e or

gu

aran

tee

any r

etur

ns.(w

.e.f.

1st-

Mar

ch'18

).

Regu

lar &

Dire

ctGr

owth

/ No

rmal

Divid

end/

Half Y

early

Divi

dend

/An

nual

Divid

end

Yes

` 100

0/-

Mult

iples

of `

1/-

ther

eafte

r` 1

00/-

Mult

iples

of `

1/-

ther

eafte

r`

90.6

2 Cr

s

* - T

he re

turn

s are

calcu

lated

to th

e Tot

al Re

turn

Inde

x(TR

I) va

riant

of t

he b

ench

mar

k

Mu

TuA

l Fu

nD

InVE

STM

EnTS

AR

E Su

BJE

CT

TO M

AR

KET

RIS

KS,

REA

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ll S

CH

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REl

ATED

DO

Cu

MEn

TS C

AR

EFu

llY.

This

fact

she

et is

for i

nfor

mat

iona

l pur

pose

onl

y an

d un

der n

o ci

rcum

stan

ces

is to

be

used

or c

onsi

dere

d as

an

inve

stm

ent a

dvic

e

Sche

me

Nam

eM

inim

um

Rede

mpt

ion

Min

Re

dem

ptio

n un

its

Rede

mpt

ion

Payo

ut

Cycl

e

SIP

SIP

Freq

uenc

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P M

in a

mt

SIP

Min

no.

of C

hqs

SIP

Star

ting

Date

SWP

SWP

Freq

uenc

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P M

in. A

mt

SWP

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ting

Date

STP

STP

Freq

uenc

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P M

in A

mt

STP

Star

ting

Date

Esse

l Liq

uid

Fund

` 10

00/-

and

in

mul

tiple

s of

` 1

/- th

erea

fter o

r acc

ount

ba

lanc

e wh

ich- e

ver

is lo

wer

NAT+

1Ye

sFo

rtnig

htly

Mon

thly,

Q

uarte

rly &

Hal

f Ye

arly

Fortn

ight

ly- `

500

Mon

thly-

` 5

00Q

uarte

rly- `

100

0 Ha

lf Ye

arly-

` 2

000

Fortn

ight

ly 24

in

stal

lmen

ts,

Mon

thly

12

-inst

allm

ents

, Q

uarte

rly 4

in

stal

lmen

ts,

Half

Year

ly 2

inst

allm

ents

Fortn

ight

ly, e

very

alte

rnat

e we

dnes

day/

Mon

thly-

Any

Day

of

the

mon

th e

xcep

t 29

th, 3

0th,

31s

t/Q

uarte

rly -

Any

Day

of th

e m

onth

exc

ept

for e

ach

Qua

rter (

i.e.

Janu

ary,

April

, Jul

y, O

ctob

er) e

xcep

t 29

th, 3

0th,

31s

t/ Ha

lf Ye

arly

- Any

Day

of

the

mon

th e

xcep

t fo

r eac

h Ha

lf Ye

arly

(i.e.

Sep

tem

ber,

Mar

ch) e

xcep

t 29t

h,

30th

, 31s

t

Yes

Mon

thly

and

Qua

rterly

Mon

thly-

` 5

00/-

Qua

r- te

rly-

` 15

00/-

Mon

thly:

5th

of t

he

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

Yes

Daily

, W

eekly

, fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

Fortn

ight

ly W

eekly

&

Mon

thly

` 50

0

Daily

, Wee

kly (e

very

W

edne

sday

) For

tnig

htly

(eve

ry a

ltern

ate

Wed

nesd

ay) M

onth

ly

(as

on s

pecifi

ed d

ates

)Es

sel U

ltra

Shor

t Ter

m

Fund

` 10

00/-

and

in

mul

tiple

s of

` 1

/- th

erea

fter o

r acc

ount

ba

lanc

e wh

ich- e

ver

is lo

wer

NAT+

1Ye

sFo

rtnig

htly

Mon

thly,

Q

uarte

rly &

Hal

f Ye

arly

Fortn

ight

ly- `

500

Mon

thly-

` 5

00Q

uarte

rly- `

100

0 Ha

lf Ye

arly-

` 2

000

Yes

Mon

thly

and

Q

uarte

rly

Mon

thly-

` 5

00/-

Qua

rterly

` 1

500/

-M

onth

ly: 5

th o

f the

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

Yes

Daily

, W

eekly

,fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

Fortn

ight

ly W

eekly

& M

onth

ly `

500

Daily

, Wee

kly (e

very

W

edne

sday

) For

t-ni

ghtly

(eve

ry a

ltern

ate

Wed

nesd

ay) M

onth

ly

(as

on s

pecifi

ed d

ates

)Es

sel S

hort

Term

Fun

d`

1000

/- an

d in

m

ultip

les

of `

1/-

ther

eafte

r

100

units

or

acc

ount

ba

lanc

e wh

ichev

er is

lo

wer

T+1

Yes

Fortn

ight

ly M

onth

ly,

Qua

rterly

& H

alf

Year

ly

Fortn

ight

ly- `

500

Mon

thly-

` 50

0

Qua

rterly

- `

1000

Half

Year

ly- `

200

0

Yes

Mon

thly

and

Q

uarte

rly

Mon

thly-

` 5

00/-

Qua

rterly

-

` 150

0/-

Mon

thly:

5th

of t

he

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

Yes

Daily

, W

eekly

, fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

Fo

rtnig

htly

Wee

kly &

Mon

thly

` 50

0

Daily

, Wee

kly (e

very

W

edne

sday

) For

tnig

htly

(eve

ry a

ltern

ate

Wed

nesd

ay) M

onth

ly

(as

on s

pecifi

ed d

ates

)Es

sel F

lexib

le In

com

e Fu

nd`

1000

/- an

d in

m

ultip

les

of `

1/-

ther

eafte

r

100

units

or

acc

ount

ba

lanc

e wh

ichev

er is

lo

wer

T+1

Yes

Fortn

ight

ly M

onth

ly,

Qua

rterly

& H

alf

Year

ly

Fortn

ight

ly- `

500

Mon

thly-

` 5

00Q

uarte

rly- `

100

0 Ha

lf Ye

arly-

` 2

000

Yes

Mon

thly

and

Q

uarte

rly

Mon

thly-

` 5

00/-

Qua

rterly

`

1500

/-

Mon

thly:

5th

of t

he

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

Yes

Daily

, W

eekly

, fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

Fo

rtnig

htly

Wee

kly &

Mon

thly

` 50

0

Daily

, Wee

kly (e

very

W

edne

sday

) For

t- ni

ghtly

(eve

ry a

ltern

ate

Wed

nes-

day

) Mon

thly

(a

s on

spe

cified

dat

es)

Esse

l Reg

ular

Sav

ings

Fu

nd`

1000

/- an

d in

m

ultip

les

of `

1/-

ther

eafte

r

100

units

or

acc

ount

ba

lanc

e wh

ichev

er is

lo

wer

T+1

Yes

Fortn

ight

ly M

onth

ly,

Qua

rterly

& H

alf

Year

ly

Fortn

ight

ly- `

500

Mon

thly-

` 5

00Q

uarte

rly- `

100

0 Ha

lf Ye

arly-

` 2

000

Yes

Mon

thly

and

Q

uarte

rly

Mon

thly-

` 5

00/-

Q

uarte

rly-

` 15

00/-

Mon

thly:

5th

of t

he

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

Yes

Daily

, W

eekly

, fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

Fortn

ight

ly W

eekly

& M

onth

ly `

500

Daily

, Wee

kly (e

very

W

edne

sday

) For

t- ni

ghtly

(eve

ry a

ltern

ate

Wed

nes-

day

) Mon

thly

(as

on s

pecifi

ed d

ates

)Es

sel 3

in1

Fund

` 10

00/-

or a

ccou

ntba

lanc

e, w

hich

eve

r is

lowe

r

100

units

or

acc

ount

ba

lanc

e wh

ichev

er is

lo

wer

T+1

Yes

Fortn

ight

ly M

onth

ly,

Qua

rterly

& H

alf

Year

ly

Fortn

ight

ly- `

500

Mon

thly-

` 5

00Q

uarte

rly- `

100

0 Ha

lf Ye

arly-

` 2

000

Yes

Mon

thly

and

Q

uarte

rly

Mon

thly-

` 5

00/-

Qua

rterly

- `

1500

/-

Mon

thly:

5th

of t

he

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

Yes

Daily

, W

eekly

, fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

Fo

rtnig

htly

Wee

kly &

Mon

thly

` 50

0

Daily

, Wee

kly (e

very

W

edne

sday

) For

t- ni

ghtly

(eve

ry a

ltern

ate

Wed

nesd

ay) M

onth

ly (a

s on

spe

cified

dat

es)

Esse

l Lar

ge C

ap E

quity

Fu

nd(w

.e.f.

2nd

- Apr

il '18

, ea

rlier

kno

wn a

s Es

sel

Equi

ty F

und)

`100

0/- o

r acc

ount

bala

nce,

whi

ch e

ver

is lo

wer

100

units

or

acc

ount

ba

lanc

e wh

ichev

er is

lo

wer

T+3

Yes

Fortn

ight

ly M

onth

ly,

Qua

rterly

& H

alf

Year

ly

Fortn

ight

ly- `

500

Mon

thly-

` 5

00Q

uarte

rly- `

100

0 Ha

lf Ye

arly-

` 2

000

Yes

Mon

thly

and

Q

uarte

rly

Mon

thly-

` 5

00/-

Q

uarte

rly-

` 15

00/-

Mon

thly:

5th

of t

he

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

Yes

Daily

, W

eekly

, fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

Fo

rtnig

htly

Wee

kly &

Mon

thly

` 50

0

Daily

, Wee

kly (e

very

W

edne

sday

) For

tnig

htly

(eve

ry a

ltern

ate

Wed

nesd

ay) M

onth

ly (a

s on

spe

cified

dat

es)

Esse

l Lon

g Te

rm A

dvan

- ta

ge F

und

` 10

00/-

or a

ccou

ntba

lanc

e, w

hich

eve

r is

lowe

r

100

units

or

acc

ount

ba

lanc

e wh

ichev

er is

lo

wer

T+3

Yes

Fortn

ight

ly M

onth

ly,

Qua

rterly

& H

alf

Year

ly

Fortn

ight

ly- `

500

Mon

thly-

` 5

00Q

uarte

rly- `

100

0 Ha

lf Ye

arly-

` 2

000

*Yes

Mon

thly

&Q

uarte

rlyM

onth

ly- `

500

/- Q

uarte

rly-

` 15

00/-

Mon

thly:

5th

of t

he

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

*Yes

Daily

, W

eekly

, fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

each

Fortn

ight

ly W

eekly

& M

onth

ly `

500

each

Daily

, Wee

kly (e

very

W

edne

sday

) For

tnig

htly

(eve

ry a

ltern

ate

Wed

nes-

day

) Mon

thly

(as

on s

pecifi

ed d

ates

)Es

sel L

arge

& M

idca

p Fu

nd`

1000

/- or

acc

ount

bala

nce,

whi

ch e

ver

is lo

wer

100

units

or

acc

ount

ba

lanc

e wh

ichev

er is

lo

wer

T+3

Yes

Fortn

ight

ly M

onth

ly,

Qua

rterly

& H

alf

Year

ly

Fortn

ight

ly- `

500

Mon

thly-

` 5

00Q

uarte

rly- `

100

0 Ha

lf Ye

arly-

` 2

000

Yes

Mon

thly

&Q

uarte

rlyM

onth

ly- `

500

/- Q

uarte

rly-

` 15

00/-

Mon

thly:

5th

of t

he

mon

th; Q

uarte

rly 5

th

of A

pril,

July,

Oct

ober

, Ja

nuar

y

Yes

Daily

, W

eekly

, fo

rtnig

htly

and

Mon

thly

Daily

- `

50/-

each

Fortn

ight

ly W

eekly

& M

onth

ly `

500

each

Daily

, Wee

kly

(eve

ry W

edne

sday

Fo

rtnig

htly(

ever

y al

tern

ate

Wed

nesd

ay)

Mon

thly(

as o

n sp

ecifie

d da

tes)

Note

: The

Tru

stee

will

ende

avor

to d

ecla

re th

e Di

viden

d as

per

the

spec

ified

frequ

encie

s, s

ubje

ct to

ava

ilabi

lity o

f dist

ribut

able

sur

plus

cal

cula

ted

in a

ccor

danc

e wi

th th

e Re

gula

tions

. The

act

ual d

ecla

ratio

ns o

f Divi

dend

and

freq

uenc

y wi

ll int

er-a

lia d

epen

d on

ava

ilabi

lity o

f dist

ribut

able

sur

plus

calcu

late

d in

acc

orda

nce

with

SEB

I (M

F) R

egul

atio

ns a

nd th

e de

cisio

ns o

f the

Tru

stee

sha

ll be

final

in th

is re

gard

. The

re is

no

assu

ranc

e or

gua

rant

ee to

the

Unit

hold

ers

as to

the

rate

of D

ivide

nd n

or th

at th

e Di

viden

d wi

ll be

paid

regu

larly

. Divi

dend

pay

able

und

er D

ivide

nd P

ayou

t opt

ion

(Wee

kly O

ptio

n)

is eq

ual t

o or

less

than

` 5

00 th

en th

e Di

viden

d wo

uld

be c

ompu

lsoril

y re

inve

sted

in th

e op

tion

of th

e Sc

hem

e. In

cas

e an

inve

stor

fails

to s

pecif

y hi

s pr

efer

ence

of P

lans

/Sub

Pla

ns/O

ptio

ns in

the

belo

w m

entio

ned

sche

mes

, the

def

ault

Plan

/Sub

Pla

n/O

ptio

ns w

ould

be

as a

bove

. * S

WP/

STP

avai

labl

e on

ly af

ter c

ompl

etio

n of

sta

tuto

ry lo

ck-in

per

iod

of 3

yea

rs fr

om th

e da

te o

f inv

estm

ent b

y th

e inv

esto

r.An

y in

form

atio

n he

rein

con

tain

ed d

oes

not c

onst

itute

and

sha

ll be

deem

ed n

ot to

con

stitu

te a

n ad

vice,

an

offe

r to

sell/

purc

hase

or a

s an

invit

atio

n or

sol

icita

tion

to d

o so

for a

ny s

ecur

ities o

f any

ent

ity, a

nd fu

rther

, Ess

el Fi

nanc

e AM

C Li

mite

d.(E

FAL)

(form

erly

Peer

less

Fun

ds M

anag

emen

t Co.

Ltd

. (PF

MCL

)).

Its su

bsid

iarie

s / a

ffilia

tes/

spon

sors

/ tru

stee

(Ess

el Fi

nanc

e AM

C Li

mite

d) (f

orm

erly

Peer

less

Fun

ds M

anag

emen

t Co

Ltd.

Gro

up) o

r the

ir of

ficer

s, e

mpl

oyee

s, p

erso

nnel

, dire

ctor

s may

be

asso

ciate

d in

a co

mm

ercia

l, pro

fess

iona

l or p

erso

nal c

apac

ity o

r may

hav

e a

com

mer

cial in

tere

st in

cludi

ng a

s pro

prie

tary

tra

ders

in o

r with

sec

uritie

s and

/ or

com

pani

es o

r iss

ues

or m

atte

rs a

s co

ntai

ned

in th

is pu

blica

tion

and

such

com

mer

cial c

apac

ity o

r int

eres

t whe

ther

or n

ot d

iffer

ing

with

or c

onflic

ting

with

this

publ

icatio

n, s

hall

not m

ake

or re

nder

(EFA

L) li

able

in a

ny m

anne

r wha

tsoe

ver &

(EFA

L) o

r any

of t

heir

offic

ers,

em

ploy

ees,

per

sonn

el, d

irect

ors

shal

l not

be

liabl

e fo

r any

loss

, dam

age,

liabi

lity w

hats

oeve

r for

any

dire

ct o

r ind

irect

loss

aris

ing

from

the

use

or a

cces

s of

any

info

rmat

ion

that

may

be

disp

laye

d in

this

publ

icatio

n fo

rm ti

me

to ti

me.

Rec

ipie

nts

of th

e in

form

atio

n co

ntai

ned

here

in s

houl

d ex

ercis

e du

e ca

re

and

caut

ion

and

read

the

Sche

me

info

rmat

ion

Docu

men

t(s) a

nd S

tate

men

t of A

dditio

nal in

form

atio

n (in

cludi

ng if

nec

essa

ry, o

btai

ning

the

advic

e of

tax/

lega

l/acc

ount

ing/

fina

ncia

l/ ot

her p

rofe

ssio

nals)

prio

r to

takin

g of

any

dec

ision

, act

ing

or o

mitt

ing

to a

ct, o

n th

e ba

sis o

f the

info

rmat

ion

cont

aine

d he

rein

. T.

CARE

Rat

ing

Met

hodo

logy

: Ess

el Li

quid

Fun

d, E

ssel

Ultr

a Sh

ort T

erm

Fun

d , E

ssel

Sho

rt Te

rm F

und

& Es

sel F

lexib

le In

com

e Fu

nd h

ave

been

ass

igne

d “C

redi

t Risk

Rat

ing

AAAm

fs” b

y CA

RE R

atin

g (C

redi

t Ana

lysis

and

Rese

arch

Lim

ited)

CAR

E’s

fund

cre

dit q

uality

ratin

gs a

re o

pini

ons

on th

e ov

eral

l cr

edit

qual

ity o

f spe

cific

debt

mut

ual f

und.

The

ratin

g ca

ptur

es fu

nd’s

over

all e

xpos

ure

to d

efau

lt ris

k. C

ARE

uses

the

conc

ept o

f cre

dit s

core

s, a

ssig

ned

to in

divid

ual s

ecur

ities,

as

per c

redi

t sco

ring

mat

rix d

evel

oped

by

CARE

. The

sco

re is

ess

entia

lly a

func

tion

of th

e cr

edit

qual

ity a

nd ra

ting

of se

curit

y and

its

inte

rnal

resid

ual m

atur

ity. T

he ra

ting

inclu

des

asse

ssm

ent o

f var

ious

qua

litativ

e fa

ctor

s in

cludi

ng m

anag

emen

t qua

lity a

nd m

anag

emen

t inf

orm

atio

n sy

stem

s an

d ris

k m

anag

emen

t sys

tem

s in

var

ious

ope

ratio

nal a

reas

. CAR

E re

views

the

rela

ted

mut

ual f

und

on a

n on

goin

g ba

sis to

sup

port

its p

ublis

hed

ratin

g op

inio

ns. A

det

aile

d m

etho

dolo

gy c

an b

e so

urce

d fro

m w

ww.c

arer

atin

gs.c

om o

r Cre

dit A

nalys

is &

Rese

arch

Ltd.

Stat

utor

y de

tails

: Ess

el M

utua

l Fun

d ha

s be

en e

stab

lishe

d as

a T

rust

und

er th

e In

dian

Tru

sts A

ct, 1

882,

spo

nsor

ed b

y Es

sel M

F Tr

uste

e Li

mite

d (li

abilit

y re

stric

ted

to `

1 L

akh)

(for

mer

ly Th

e Pe

erle

ss G

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PRODuCT lABElInG

nAME OF THE SCHEME THESE PRODuCTS ARE SuITABlE FOR InVESTORS WHO ARE SEEKInG*

RISKOMETER

Essel Liquid Fund (An Open Ended Liquid Scheme)

l Income over short term. l Investments in debt and money market Instrumentsl Degree of risk – LOW RISK

Investors understand that their principal will be at Low risk

Essel Ultra Short Term Fund (An open ended ultra-short term debt scheme investing in instruments such that Macaulay duration of the portfolio is between 3 months and 6 months.)

l Income over short term. l Investment in money market and short term debt

instruments.l Degree of risk – MODERATELY LOW RISK

Investors understand that their principal will be at Moderately Low risk

Essel Short Term Fund (An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year - 3 years)

l Income over short to medium term. l Investment in debt and money market instruments.l Degree of risk – MODERATELY LOW RISK

Essel Flexible Income Fund (An open ended dynamic debt scheme investing across duration)

l Income over medium to long term. l Investment in debt instruments including bonds,

debentures and government securities and money market instruments over various maturity periods

l Degree of risk – MODERATE RISK

Investors understand that their principal will be at Moderate risk

Essel Regular Savings Fund (An open ended hybrid scheme investing predominantly in debt instruments)

l Income over medium to long term. l Investment in high quality fixed income securities and with a

marginal exposure to equity and equity related instruments.l Degree of risk – MODERATELY HIGH RISK

Investors understand that their principal will be at Moderately High risk

Essel 3 In 1 Fund (An open ended scheme investing in Debt, Equity and Gold)

l Capital appreciation over the long term. l To generate long term capital appreciation through a

portfolio of fixed income securities, Gold Exchange traded funds (ETFs) of other mutual funds and gold related instruments and equity & equity related Instruments.

l Degree of risk – MODERATELY HIGH RISKEssel Large Cap Equity Fund (w.e.f. 2nd- April'18, earlier known as Essel Equity Fund)(Large Cap Fund - An open ended equity scheme predominantly investing in large cap stocks)

l Capital appreciation over the long term. l Investing in an actively managed portfolio predominantly

consisting of Equity & equity related securities diversified over various sectors of large cap companies

l Degree of risk – MODERATELY HIGH RISK

Essel large & Midcap Fund (Large & Midcap Fund - An open ended equity scheme investing in both large cap and mid cap stocks)

l Capital appreciation over medium to long terml Investing predominantly in equity and equity related

securities of mid cap companies & large cap companies.l Degree of risk – MODERATELY HIGH RISK

Essel long Term Advantage Fund (An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)

l Capital appreciation over long terml Investment in equity and equity related instruments.l Degree of risk – MODERATELY HIGH RISK

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Quick Connect

www.esselfinance.com Toll free : 1800 103 8999 [email protected]

Please refer to page no 14 and 15 for statutory details

Registered Office: Essel Finance AMC Limited, 3rd Floor, Peerless Mansion, 1, Chowringhee Square, Kolkata - 700 069. Tel 033 4018 5000, Fax : 033 40185010. CIN No: U65990WB2009PLC134537

Investment & Operations Office : 6th Floor, Jet Prime, Suren Road,Nr. Guru Nanak Petrol Pump/Cinemax Opp. Residency Hotel Andheri (East), Mumbai – 400093 ,Maharashtra Toll Free : 1800 103 8999 Fax : +91 22 7133 5158

Branches/Customer Service Centres : EAST-AGARTALA: Saha Building, C/o Late Rajmohan Saha, Durgabari Lane, Tripura (West), Pin-799 001, *CONTAI: Vill: Dhandighi, Holding No.: 359 / 351, P.O. & P.S.: Contai,Dist: Purba Midnapore, West Bengal 721 401, DURGAPUR: Unit No. A-212, 1st Floor, Kamdhenu Commercial Complex, Durgapur City Center, Durgapur– 713216 West Bengal, *GHATAL: Argora, P O & PS: Ghatal, Dist: Paschim Midnapur, 721 212, *GUWAHATI: 2nd Floor, Suren Paradise Market, Opposite Hanuman Mandir, G.S Road, Ulubari, Guwahati 781 007, *KOLKATA: Peerless Mansion, 3rd Floor, 1 Chowringhee Square, Kolkata 700 069. SERAMPORE: Peerless Sadan, 57/B, G.T. Road, Kalitala, Hooghly 712 201, SILIGURI: Nanak Complex, 3rd Floor Above IDBI Bank, Sevoke Road, P.O. Siliguri, Dist. Darjeeling-734 001,

WEST - *MUMBAI: 6th Floor, Jet Prime, Suren Road,Nr. Guru Nanak Petrol Pump/Cinemax Opp. Residency Hotel Andheri (East), Mumbai – 400093 ,Maharashtra, *AHMEDABAD: 503, Silicon Tower, Nr. Samarthehwar Mahadev Temple Opp. Axis Bank Lane, Law Garden, Ahmedabad - 380006 *PUNE: Aurora Towers, 9, Moledina Road, West Wing Pune - 411 001,nORTH - *DELHI: 510, Ansal Bhawan, K G Marg, Connaught Place, New Delhi, 110001, JAIPUR: F-101-102 ,First Floor, City Pearl, Vidhayak Puri Road, Opp.Gangaur Hotel, Jaipur-302001, *LUCKNOW: 103, Trade Point, 4 A,Ground Floor, Saran Chambers- 1, 5-Park Road, Hazratganj, Lucknow - 226001.SOuTH - *BENGALURU: Essel Finance - No:1, The Presidency, Unit No: G-1/6, St. Marks Road,Bengaluru - 560 001,Contact No-080-22108888, *CHENNAI: Gee Gee Universal, 3rd Floor , No.2 Mc Nicholas Road, Chetpet, Chennai -600031, Tamil Nadu, Phone No. - 044 40928500 *COIMBATORE: 1078 Nagappa Complex, Mettupalayam High Road, Coimbatore 641 002, *HYDERABAD: Moin Court, 6-2-46, A.C. Guards, Masabtank, Hyderabad - 500004.* Note : These locations are Official Points of Acceptance.Registrar and Transfer Agent : Karvy Computershare Pvt. ltd. KARVY SELENIUM, Plot number 31 & 32, Tower B, Survey No. 115/22, 115/24 & 115/25, Financial District, Gachibowli, Nanakramguda, Serlingampally Mandal Hyderabad - 500032 Telangana

ESSEl MuTuAl FunD OFFICES

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Documents

How to read the Factsheet - Essel Finance AMC Limited Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10- year Gsec. Entry Load: A mutual fund may have a sales charge