₹ 165.57
NAV (Mar 05)
Top Ranked
Scripbox recommends other funds for investment in tax saving.
Click here to see our recommendations.
Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
25 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
12,596 Cr. Category leader in size
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Good. The historical performance of the fund has been good
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
No single fund can achieve what a plan can. Learn why
Scheme Information
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
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
1.81 %
Expense Ratio
Mar 29, 1996
Launched (25y ago)
₹ 12,596
AUM in Crores
INF209K01090
ISIN
3
Lock-in
S&P BSE 200 India TR INR
Benchmark
₹ 500
SIP Minimum
₹ 500
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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About the AMC
Aditya Birla Sun Life AMC Ltd
Aditya Birla Sun Life AMC Ltd manages assets worth 259,898 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 77 equity,329 debt and 28 hybrid funds.
Liquid
Recommended
Top Ranked
₹ 31,305 Cr
Fund Size
5.9%
3Y returns
Liquid
Top Ranked
₹ 31,305 Cr
Fund Size
5.9%
3Y returns
Liquid
Top Ranked
₹ 31,305 Cr
Fund Size
5.9%
3Y returns
Liquid
Top Ranked
₹ 31,305 Cr
Fund Size
5.9%
3Y returns
Liquid
Top Ranked
₹ 31,305 Cr
Fund Size
5.9%
3Y returns
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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Aditya Birla Sun Life Tax Relief 96 fund (DP-A) is a tax saving equity fund and has delivered an annualised return of 23.0% over a period of 25 years ..The fund is managed by Aditya Birla Sun Life AMC Ltd.The fund manager’s name is Ajay Garg.
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 However, there is no assurance that the objective of the scheme will be realized.
The Aditya Birla Sun Life Tax Relief 96 fund (DP-A) fund was launched on Mar 29, 1996. The NAV (Net Asset Value) of this tax saving equity as of 2021-03-05 is ₹ 165.57. The total AUM (Asset Under Management) of the fund as of 2021-03-06 is ₹ 12595.348. The category risk of the Aditya Birla Sun Life Tax Relief 96 fund (DP-A) fund is Very High Risk. The fund charges 1.81 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 99.8% in this asset class. The top three holdings of the fund are honeywell automation india ltd,housing development finance corp ltd and pfizer ltd shs dematerialised
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 500 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 200 India TR INR
Aditya Birla Sun Life Tax Relief 96 fund (DP-A) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Aditya Birla Sun Life Tax Relief 96 fund (DP-A) has a score of 5 out of 5. Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.