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Aditya Birla Sun Life Tax Relief '96

Aditya Birla Sun Life Tax Relief '96

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

10.61

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,532 today.

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NAV Performance

Aditya Birla Sun Life Tax Relief '96 performance graph for last 3 years
Performance of Aditya Birla Sun Life Tax Relief '96 for last 3 Years

Fund Information

  • ₹ 47.500

    as on 08 Dec 2023
  • Regular - Growth

  • 26 / 37

  • ₹ 500

  • ₹ 12,631 Cr.

    as on 31 May 2023
  • 1.46%

  • 07 Mar 2008

  • Equity - ELSS

  • Nifty 500 TRI

  • Aditya Birla Sun Life Mutual Fund

    Show All Funds
  • 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

  • About Atul Penkar

    Picture of Atul PenkarMr.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.
  • About Dhaval Gala

    Picture of Dhaval GalaDhaval 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

Portfolio holdings pattern of Aditya Birla Sun Life Tax Relief '96 as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    97.65%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.35%

Top Sector Holdings of Aditya Birla Sun Life Tax Relief '96

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
Reverse Repo 1.11%
TREPS 0.63%
Net Receivables 0.61%