Fund Performance
Lumpsum
SIP
10.61
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,532 today.
NAV Performance
Fund Information
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₹ 47.500
as on 08 Dec 2023 -
Regular - Growth
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26 / 37
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₹ 500
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₹ 12,631 Cr.
as on 31 May 2023 -
1.46%
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07 Mar 2008
-
Nifty 500 TRI
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Aditya Birla Sun Life Mutual Fund
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Data not available.
Highlights of this fund
Aditya Birla Sun Life Tax Relief '96 is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 07 Mar 2008. This fund is offered by one of the top AMC (Assets Management Company) Aditya Birla Sun Life Mutual Fund. You can also view here all other Equity funds offered by Aditya Birla Sun Life Mutual Fund.
Latest NAV of the fund is ₹ 47.500 as on 08 Dec 2023.
This fund has 15 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.46%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities
List of Fund Managers of Aditya Birla Sun Life Tax Relief '96
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About Atul Penkar
Mr.Penkar is a B.E. (Mechanical) and an MMS. Prior to joining Aditya Birla Sun Life AMC, he was with Emkay Shares & Stock Brokers Ltd.
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About Dhaval Gala
Dhaval M. Gala is a Fund Manager and Senior Analyst with Aditya Birla Sun Life AMC Limited (ABSLAMC). He has an overall experience of 13 years in the equity and capital market space. Dhaval joined ABSLAMC in February 2011 as a part of the Equity Fund Management and Analyst team. He specializes in the Banking and Financial Services sector. Prior to joining ABSLAMC, Dhaval worked with B&K Securities Limited and J P Morgan Chase India Private Limited.Dhaval holds an MBA in Finance from N L Dalmia Institute of Management and Research, Mumbai.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 10.79% | 12.62% | 25.01% | 29.42% | 32.94% | 32.39% | 28.27% | 24.60% | 46.60% | 30.62% | 25.23% | 31.84% | 23.89% |
| Category Average | 7.19% | 6.41% | 17.15% | 19.90% | 12.69% | 19.95% | 16.12% | 16.22% | 33.66% | 21.60% | 17.96% | 19.29% | 15.02% |
| Aditya Birla Sun Life Tax Relief '96 | 6.43%₹ 10,643 | 4.24%₹ 10,423 | 14.43%₹ 11,443 | 12.64%₹ 11,263 | 24.92%₹ 13,563 | 6.19%₹ 11,277 | 14.78%₹ 27,792 | 10.61%₹ 13,532 | 10.45%₹ 42,113 | 9.48%₹ 15,738 | 11.31%₹ 79,719 | 14.28%₹ 38,060 | 10.87%₹ 2,10,978 |
| Quant Tax Plan | 9.25%₹ 10,924 | 8.96%₹ 10,896 | 25.01%₹ 12,500 | 18.55%₹ 11,855 | 42.43%₹ 14,605 | 17.04%₹ 13,698 | 25.89%₹ 30,768 | 32.39%₹ 23,202 | 24.69%₹ 51,506 | 28.27%₹ 34,772 | 31.84%₹ 1,31,021 | 24.60%₹ 90,446 | 23.89%₹ 4,25,160 |
| Kotak Tax Saver Fund | 6.15%₹ 10,615 | 4.68%₹ 10,467 | 15.00%₹ 11,499 | 17.30%₹ 11,730 | 27.92%₹ 13,744 | 13.17%₹ 12,807 | 20.20%₹ 29,229 | 20.71%₹ 17,587 | 17.91%₹ 46,879 | 17.66%₹ 22,572 | 19.86%₹ 98,367 | 17.40%₹ 49,822 | 15.95%₹ 2,76,825 |
| Mirae Asset Tax Saver Fund | 7.98%₹ 10,798 | 5.14%₹ 10,513 | 17.16%₹ 11,715 | 18.64%₹ 11,864 | 31.22%₹ 13,942 | 10.45%₹ 12,200 | 19.84%₹ 29,132 | 19.71%₹ 17,155 | 16.67%₹ 46,065 | 18.72%₹ 23,605 | 20.18%₹ 99,148 | - | - |
| IDFC Tax Advantage (elss) Fund | 6.68%₹ 10,667 | 4.32%₹ 10,431 | 16.18%₹ 11,617 | 21.10%₹ 12,109 | 31.79%₹ 13,976 | 14.23%₹ 13,049 | 22.00%₹ 29,714 | 25.55%₹ 19,792 | 20.14%₹ 48,369 | 19.14%₹ 24,024 | 23.39%₹ 1,07,140 | 17.85%₹ 51,786 | 17.28%₹ 2,97,477 |
| BOI AXA Tax Advantage Fund | 10.79%₹ 11,078 | 10.17%₹ 11,016 | 24.74%₹ 12,474 | 26.60%₹ 12,659 | 45.24%₹ 14,769 | 14.21%₹ 13,043 | 27.61%₹ 31,240 | 23.80%₹ 18,975 | 22.03%₹ 49,658 | 22.88%₹ 28,050 | 24.66%₹ 1,10,472 | 18.07%₹ 52,730 | 18.31%₹ 3,14,340 |
Portfolio Holdings
Top Sector Holdings of Aditya Birla Sun Life Tax Relief '96
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 24.15% | ₹ 3,266.23 Cr. |
| Computers - Software | 7.65% | ₹ 1,035.61 Cr. |
| Housing Finance | 6.30% | ₹ 851.82 Cr. |
| Pharmaceuticals | 6.10% | ₹ 825.96 Cr. |
| Industrial electronics | 5.63% | ₹ 761.19 Cr. |
| Others | 50.17% | - |
Top Stock Holdings of Aditya Birla Sun Life Tax Relief '96
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 8.37% | ₹ 1,132.31 Cr. |
| Housing Development Finance Corporation Ltd. | 6.30% | ₹ 851.82 Cr. |
| Infosys Ltd. | 5.96% | ₹ 806.56 Cr. |
| Honeywell Automation India Ltd. | 5.63% | ₹ 761.19 Cr. |
| Reliance Industries Ltd. | 5.22% | ₹ 706.44 Cr. |
| Others | 68.52% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Reverse Repo | 1.11% |
| TREPS | 0.63% |
| Net Receivables | 0.61% |