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Aditya Birla Sun Life Tax Relief 96 Direct-Growth Aditya Birla Sun Life Tax Relief 96 Direct-Growth Aditya Birla Sun Life Tax Relief 96 Direct-Growth Aditya Birla Sun Life Tax Relief 96 Direct-Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now! Paisabazaar INR 1000 1 rating rating rating rating rating Aditya Birla Sun Life Tax Relief 96 Direct-Growth 4 5

Equity ELSS

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

3.59%

3 Yrs CAGR returns

4.1%

5 Yrs CAGR returns

9.19%

NAV as on 25 Sep

₹ 33.51 by 0.50 ( 1.51%)

Expense ratio

0.91

Lock-in period

19.29%

Fund Size (Cr)

₹ 8912.66


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Performance Graph*
Returns Calculator
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If ₹1000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

The scheme seeks long-term capital growth and will invest approximately 80 per cent of its assets in equity, while the balance would be a invested in debt and money market instrument. It was converted to an open-ended scheme with effect from July 1999. A combination of top down & bottom up approach will be followed in the stock selection process.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Financial 25.2
Health Care 24.31
Engineering 9
FMCG 8.47
Construction 6.48
undefined 4.51
Automobile 4.25
Energy 3.4
Cons Durable 3.13
Others 3.01
Top 10 Sectors %
Electronic Equipts. 9
Housing Finance 8.19
Drugs & Pharma 7.71
Drugs & Pharma 7.14
Banking 5.53
Drugs & Pharma 5.2
Cosmetics & Toiletries 4.39
Infrastructure 3.41
Crude Oil & Natural Gas 3.4
Fund house details
Fund House Aditya Birla Mutual Fund
Fund Manager Ajay Garg
Fund Setup Date 01 Jan 2013
Address One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road,
Contact 022-43568000/ 1800-270-7000/ 1800-22-7000
More About This Fund

About Aditya Birla Sun Life Tax Relief 96

Aditya Birla Sun Life Tax Relief Fund enables long term capital growth for its investors by investing as much as 80% of its assets in equity. The remaining assets are invested in debt and/or money market instruments. While selecting the stocks, the fund managers follow the combination of top down and bottom up approach. Being an Equity Linked Savings Scheme, the fund has tax benefits to offer to its investors, amongst many others.

Mr. Ajay Garg, an alumni of Hartmann College, did his Engineering in Electronics from Bangalore University. He is an MBA from Mumbai University, and was working with American Express Bank prior to joining Aditya Birla Sun Life AMC. He is currently appointed as the Senior Fund Manager at Aditya Birla Sun Life Tax Relief Fund. Mr. Ajay Garg brings along the remarkable historical performance of over 22 years in the management of funds in equity market.

How to Invest in Aditya Birla Sun Life Tax Relief Fund?

  • Sign Up/Sign in to Paisabazaar.com and go to ‘Direct Mutual Funds’
  • Click on the section of ‘ELSS Funds’
  • Type and search directly by the name of Aditya Birla Sun Life Tax Relief Fund Direct Growth. Once it opens up, look at the details. You can also compare similar funds as well as use SIP Calculator or Lumpsum Calculator to estimate the future value of your investment
  • Click on ‘Invest Now’, select either Lump sum or SIP