Escorts Mutual Fund

Escorts Mutual Fund has been promoted by the large-scale business empire named as Escorts Group. Escorts Mutual Fund is managed by Escorts Asset Management limited.

A Short Note on Escorts Mutual Fund-

Escorts Mutual Fund has been promoted by Escorts group, a huge business empire. It is managed by Escorts Asset Management limited which has been set up under the provisions of the Companies Act, 1956. Escorts Asset Management limited functions as an Asset Management Company for Escorts Mutual Fund. Escorts Mutual Fund gets its funding from Escorts Finance Limited. Escorts Finance Limited has been incorporated in the year 1987 and it is a Non-Banking Financial Company.

It is a member of the Escort Group of Companies. Escort Group of Companies largely deals with a number of high growth industries such as farm machinery, two wheelers, construction and material handling equipment, auto ancillary products and financial Services. Escorts Mutual Fund is mainly involved in offering open ended schemes and the fund category is Equity- balanced fund. The asset value of Escorts Mutual Fund has been estimated to be around Rs.71.28 crores.

Earnings from Escorts Mutual Fund

• Interest on Government Securities is accumulated daily depending on the net asset value of the shares and it does not abide by the entry or exit time of the shareholders of Escorts Mutual Fund.
  
  
• The prices of investments in government securities and Equity for Tax Plan are reflected in the NAV of Escorts Mutual Fund.
  
  
• A small charge of 0.05 percent is levied on the shareholders who decide to exit within 5 working days of entry in the Income Plan.
  
  
• 0.15 percent is charged on those who exit from the Income Plan with 30 days of entry.
  
  
• Income to unit-holders will be decided depending on the capital gains while they restore their units.

Schemes of Escorts Mutual Fund-

• Escorts Balanced Fund - Dividend
• Escorts Balanced Fund - Growth
• Escorts Floating Rate Funds - Dividend
• Escorts Floating Rate Funds - Growth
• Escorts Gilt Plan - Dividend
• Escorts Gilt Plan - Growth
• Escorts Growth Plan - Dividend
• Escorts Growth Plan - Growth
• Escorts High Yield Equity Plan - Bonus
• Escorts High Yield Equity Plan - Dividend
• Escorts High Yield Equity Plan - Growth
• Escorts Income Bond - Dividend
• Escorts Income Bond - Growth
• Escorts Income Plan - Bonus
• Escorts Income Plan - Dividend
• Escorts Income Plan- Growth
• Escorts Liquid Plan - Daily Dividend
• Escorts Liquid Plan - Growth
• Escorts Liquid Plan - Monthly Dividend
• Escorts Liquid Plan - Wkly Dividend
• Escorts Opportunities Fund - Dividend
• Escorts Opportunities Fund - Growth
• Escorts Tax Plan - Dividend
• Escorts Tax Plan - Growth

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Last Updated 06/30/2011

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