Fund Details
Aditya Birla Sun Life Tax Plan Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.85% |
| NAV | ₹50.62 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹551 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 1.87%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.8% |
| Honeywell Automation India Ltd. | Engineering | Equity | 8.3% |
| Pfizer Ltd. | Healthcare | Equity | 7.6% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.7% |
| Bayer CropScience Ltd. | Healthcare | Equity | 5.9% |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | Equity | 4.6% |
| Gillette India Ltd. | FMCG | Equity | 4.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.9% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | PPE | 3.6% |
| ICICI Bank Ltd. | Financial | Equity | 3.4% |
Fund Managers
Aditya Birla Sun Life Tax Plan Direct Growth Details
Aditya Birla Sun Life Tax Plan Direct Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ajay Garg is the Current Fund Manager of Aditya Birla Sun Life Tax Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹551 Cr and the Latest NAV as of 20 Jan 2021 is ₹50.62.
The Aditya Birla Sun Life Tax Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500.
Investment Objective
An Open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
