Aditya Birla Sun Life Tax Relief 96 Dividend-0.56%

0.14%
1 Year Return
Equity
ELSS
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Tax Relief 96 Dividend

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.89%
NAV139.69 (29 Oct 2020)
Fund Started29 Mar 1996
Fund Size11,123 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Aditya Birla Sun Life Tax Relief 96 Dividend
0.1%
1.6%
8.1%
22.6%
Category Average
1.8%
1.5%
7.2%
-
Rank within category
15
16
12
-
*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 0.1% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    3. Exit load is zero
    4. Age is more than 10 years
    5. 1Y Returns are higher than the category average returns
    6. 3Y Returns are higher than the category average returns
    7. 5Y Returns are higher than the category average returns
    8. 10Y Returns are higher than the category average returns
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark
    5. 10Y Returns are lower than the benchmark
    6. Risk-adjusted returns are lower compared to the category
    7. Higher expense ratio - 1.89%

    Top Holdings

    NameSectorInstrument% Assets
    Honeywell Automation India Ltd.EngineeringEquity8.9%
    Pfizer Ltd.HealthcareEquity8.1%
    Housing Development Finance Corpn. Ltd.FinancialEquity7.7%
    Bayer CropScience Ltd.HealthcareEquity7.2%
    Reliance Industries Ltd - Partly Paid EquityEnergyPPE5.2%
    Glaxosmithkline Pharmaceuticals Ltd.HealthcareEquity5.2%
    Kotak Mahindra Bank Ltd.FinancialEquity5.0%
    Gillette India Ltd.FMCGEquity4.3%
    Reliance Industries Ltd.EnergyEquity3.6%
    Larsen & Toubro Ltd.ConstructionEquity3.2%
    See All

    Aditya Birla Sun Life Tax Relief 96 Dividend Details

    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.

    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)

    Not Supported
    Min for First Investment
    Not Supported
    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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