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Aditya Birla Sun Life Tax Relief 96 Fund.

Invest in ELSS – Tax Saving Mutual Funds & Save Upto ₹46,800 In Taxes

Aditya Birla Sun Life Tax Relief 96 Fund

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.

 Save up to Rs 46,800 in taxes every year.

 Highest returns compared to other 80C investments.

  Lowest lock-in of 3 years

Returns per yr (5 year Avg) : 19.38%

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Basic Details

  • Scheme Obj : Equity ELSS
  • Launch Date : Mar 29, 1996
  • Benchmark : S&P BSE 200 TRI
  • Scheme Type : Open-ended
  • Fund Manager : Ajay Garg
  • Growth : Rs. 30.52
  • Riskometer : Moderately High
  • Risk Grade : Below Average
  • Return Grade : High
  • Turnover : 1,071%

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Investment Details

  • Return since Launch : 24.45%
  • Minimum SIP Investment (R) : 500

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Load

  • Entry Load : N.A.
  • Exit Load : N.A.
  • Ex. Ratio : 1.92 (As on Nov 30, 2018)
  • Current Nav : 30.4200 (8-1-2019)

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Composition (%)

  • Equity : 96.46
  • Debt : 3.60
  • Other : -0.06

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Scheme Profile

  • Corpus (Cr.) : 6,984.00
  • 52 Week High : 33.66 (03/09/2018)
  • 52 Week Low : 28.14 (26/10/2018)

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Portfolio Stat.

  • Alpha : 0.53
  • Beta : 0.92

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Volatility Measures

  • Mean : 12.79
  • Std. Deviation : 14.98
  • Sharpe Ratio : 0.43

 

 

Fund Summarystar

Period Returns(per year)
10 Years 19.38%
5 Years 19.13%
3 Years 12.84%

 

 

 

 

 

 

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Top Holdings as on 30/11/2018

Holding Instrument Net Asset (%)
Honeywell Automation Equity 7.71
Reliance Industries Equity 7.56
Gillette Equity 6.93
Bayer CropScience Equity 6.17
Pfizer Equity 5.23
Thomas Cook (India) Equity 4.77
HDFC Equity 4.77
Glaxosmithkline Pharma Equity 4.69
Sundaram-Clayton Equity 4.34
Shopper`s Stop Equity 3.27
Kotak Mahindra Bank Equity 3.22
Johnson Controls – Hitachi Air ConditiEquity 3.03
Biocon Equity 2.63
Bosch Equity 2.02
Shree Cement Equity 2.00
ICRA Equity 1.97
MRF Equity 1.77
HDFC Bank Equity 1.75
Zee Entertainment Equity 1.65
Indusind Bank Equity 1.64
Capital First Equity 1.54
ICICI Bank Equity 1.50
Maruti Suzuki India Equity 1.37
Bata India Equity 1.32
Kansai Nerolac Paints Equity 1.26

 

     ELSS  PPF   FD

         

 

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