|Min SIP Amount||₹500|
|NAV||₹41.06 (16 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹13,647 Cr|
|Honeywell Automation India Ltd.||Engineering||Equity||9.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||8.8%|
|Bayer CropScience Ltd.||Healthcare||Equity||5.8%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||5.7%|
|Larsen & Toubro Ltd.||Construction||Equity||4.1%|
|Gillette India Ltd.||FMCG||Equity||4.1%|
|Reliance Industries Ltd - Partly Paid Equity||Energy||PPE||4.0%|
|Glaxosmithkline Pharmaceuticals Ltd.||Healthcare||Equity||4.0%|
|ICICI Bank Ltd.||Financial||Equity||3.8%|
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 ₹13,647 Cr and the Latest NAV as of 16 Apr 2021 is ₹41.06.
The Aditya Birla Sun Life Tax Relief 96 Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.