|Min SIP Amount||Not Supported|
|NAV||₹139.69 (29 Oct 2020)|
|Fund Started||29 Mar 1996|
|Fund Size||₹11,123 Cr|
|Honeywell Automation India Ltd.||Engineering||Equity||8.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.7%|
|Bayer CropScience Ltd.||Healthcare||Equity||7.2%|
|Reliance Industries Ltd - Partly Paid Equity||Energy||PPE||5.2%|
|Glaxosmithkline Pharmaceuticals Ltd.||Healthcare||Equity||5.2%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||5.0%|
|Gillette India Ltd.||FMCG||Equity||4.3%|
|Reliance Industries Ltd.||Energy||Equity||3.6%|
|Larsen & Toubro Ltd.||Construction||Equity||3.2%|
Aditya Birla Sun Life Tax Relief 96 Dividend is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 29 Mar 1996. Ajay Garg is the Current Fund Manager of Aditya Birla Sun Life Tax Relief 96 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹11,123 Cr and the Latest NAV as of 29 Oct 2020 is ₹139.69.
The Aditya Birla Sun Life Tax Relief 96 Dividend is rated Moderately High risk. Minimum SIP Investment is set to 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%.