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Aditya Birla Sun Life Tax Relief 96 Growth-0.26%

6.96%
1 Year Return
Equity
ELSS
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life Tax Relief 96 Growth

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.89%
NAV34.63 (02 Dec 2020)
Fund Started06 Mar 2008
Fund Size11,158 Cr

Fund Overview

Quick overview of Aditya Birla Sun Life Tax Relief 96 Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.0%
4.3%
10.0%
10.4%
Category Average
10.6%
5.0%
9.8%
-
Rank Within Category
24
18
14
-
*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 7.0% 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. 3Y Returns are higher than the category average returns
    6. 5Y Returns are higher than the category average returns
    7. 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%
    8. 1Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialEquity8.5%
    Pfizer Ltd.HealthcareEquity8.2%
    Honeywell Automation India Ltd.EngineeringEquity7.7%
    Bayer CropScience Ltd.HealthcareEquity6.7%
    Kotak Mahindra Bank Ltd.FinancialEquity6.0%
    Glaxosmithkline Pharmaceuticals Ltd.HealthcareEquity4.8%
    Reliance Industries Ltd - Partly Paid EquityEnergyPPE4.5%
    Gillette India Ltd.FMCGEquity4.2%
    Reliance Industries Ltd.EnergyEquity3.4%
    Larsen & Toubro Ltd.ConstructionEquity3.3%
    See All

    Aditya Birla Sun Life Tax Relief 96 Growth Details

    Aditya Birla Sun Life Tax Relief 96 Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 06 Mar 2008. Ajay Garg is the Current Fund Manager of Aditya Birla Sun Life Tax Relief 96 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹11,158 Cr and the Latest NAV as of 02 Dec 2020 is ₹34.63.

    The Aditya Birla Sun Life Tax Relief 96 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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