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Aditya Birla Sun Life Tax Relief 96 Direct Growth-1.45%

16.44%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Tax Relief 96 Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.93%
NAV₹40.66 (15 Jan 2021)
Fund Started01 Jan 2013
Fund Size13,037 Cr

Fund Overview

Quick overview of Aditya Birla Sun Life Tax Relief 96 Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
16.4%
6.2%
14.0%
16.3%
Category Average
18.1%
6.1%
13.5%
-
Rank Within Category
24
21
18
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 16.4% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Housing Development Finance Corpn. Ltd.FinancialEquity9.2%
Honeywell Automation India Ltd.EngineeringEquity8.0%
Pfizer Ltd.HealthcareEquity7.9%
Kotak Mahindra Bank Ltd.FinancialEquity7.0%
Bayer CropScience Ltd.HealthcareEquity5.8%
Glaxosmithkline Pharmaceuticals Ltd.HealthcareEquity4.7%
Gillette India Ltd.FMCGEquity4.4%
Reliance Industries Ltd - Partly Paid EquityEnergyPPE3.7%
Larsen & Toubro Ltd.ConstructionEquity3.7%
ICICI Bank Ltd.FinancialEquity3.5%
See All

Aditya Birla Sun Life Tax Relief 96 Direct Growth Details

Aditya Birla Sun Life Tax Relief 96 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 Relief 96 Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹13,037 Cr and the Latest NAV as of 15 Jan 2021 is ₹40.66.

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

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

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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