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! INR 1000 1
PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth
1 Yr return
3 Yrs CAGR returns
5 Yrs CAGR returns
NAV as on 25 Sep
₹ 33.51 by 0.50 ( 1.51%)
Fund Size (Cr)
Show NAV for:
If ₹1000 invested for 1
with % annual returns
* 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.
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.
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.
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|Top 10 Sectors||%|
|Top 10 Sectors||%|
|Drugs & Pharma||7.71|
|Drugs & Pharma||7.14|
|Drugs & Pharma||5.2|
|Cosmetics & Toiletries||4.39|
|Crude Oil & Natural Gas||3.4|
|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|
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.
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