Aditya Birla Sun Life Tax Relief 96 Direct Dividend+1.97%

4
9.58%
1 Year Return
Equity
ELSS
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Tax Relief 96 Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.92%
NAV228.86 (07 Aug 2020)
Fund Started01 Jan 2013
Fund Size10,101 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Aditya Birla Sun Life Tax Relief 96 Direct Dividend
9.6%
3.9%
7.3%
14.3%
Category Average
-16.6%
-3.7%
6.3%
-
Rank within category
9
6
8
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 9.6% annual returns

    Comparison

    Data not available
    Pros
    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
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity10.1%
    Honeywell Automation India Ltd.EngineeringEquity9.0%
    Bayer CropScience Ltd.HealthcareEquity7.9%
    Pfizer Ltd.HealthcareEquity7.2%
    Housing Development Finance Corpn. Ltd.FinancialEquity7.2%
    Kotak Mahindra Bank Ltd.FinancialEquity5.8%
    Glaxosmithkline Pharmaceuticals Ltd.HealthcareEquity5.3%
    Gillette India Ltd.FMCGEquity4.4%
    Shree Cement Ltd.ConstructionEquity3.0%
    HDFC Bank Ltd.FinancialEquity3.0%
    See All

    Aditya Birla Sun Life Tax Relief 96 Direct Dividend Details

    Aditya Birla Sun Life Tax Relief 96 Direct Dividend 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 Relief 96 Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹10,101 Cr and the Latest NAV as of 07 Aug 2020 is ₹228.86.

    The Aditya Birla Sun Life Tax Relief 96 Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Aditya Birla Sun Life Mutual Fund

    Address
    One India Bulls Centre ,Tower 1, 17th Flr, Jupiter Mill Compound,841,S.B. Marg,Elphinstone Road Mumbai 400 013
    Phone
    022 43568000
    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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