Aditya Birla Sun Life ELSS Tax Saver Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
10.29%
3Y annualised
+0.28% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Feb 2024₹56.46
Min. SIP amount₹500
Rating1
Fund size₹14,997.90Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns29.8%10.3%12.6%14.9%
Category average36.1%18.6%18.9%NA
Rank with in category323231NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
FinancialEquity7.09%
FinancialEquity6.12%
EnergyEquity6.01%
TechnologyEquity5.74%
ConstructionEquity4.86%
CommunicationEquity3.14%
Capital GoodsEquity3.07%
HealthcareEquity2.75%
AutomobileEquity2.46%
Consumer StaplesEquity2.04%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lower expense ratio: 0.95%
Lock-in period: 3Y
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 0.95%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Atul Penkar
Dec 2021 - Present
View details

Education
Mr.Penkar is a B.E. (Mechanical) and an MMS.
Experience
Prior to joining Aditya Birla Sun Life AMC, he was with Emkay Shares & Stock Brokers Ltd.
Also manages these schemes

Dhaval Gala
Apr 2022 - Present
View details

Education
Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).
Also manages these schemes

Dhaval Joshi
Nov 2022 - Present
View details

Education
Mr. Joshi has done B.Com, M.Com. and MBA (Finance)
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he was associated with Sundaram Mutual Fund, Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd..
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One World Center, Tower 1, 17th Floor, Jupiter Mill CompoundSenapati Bapat Marg, Elphinstone Road Mumbai 400013
Phone
NA
Launch Date
23 Dec 1994
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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