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  • Aditya Birla Sun Life AMC Ltd
  • Aditya Birla Sun Life Tax Relief 96 fund (Dividend Payout - Annually)
Aditya Birla Sun Life Tax Relief 96 fund (Dividend Payout - Annually)

Aditya Birla Sun Life Tax Relief 96 fund (Dividend Payout - Annually)

Equity

Tax Saving

Top Ranked

150.47

NAV (Nov 20)

Scripbox Opinion

Top Ranked

This fund is a good choice within tax saving mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Track Record

24 Years

The Fund has Sufficient history for analysis and the track record is good.

Relative Size

11,158 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

Tax Saver Plan

Tax Saver Plan

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.

Learn why choose a plan over a fund ->
  • graph-icon-gray
    Historical growth rate of 12% per annum
  • graph-icon-gray
    Recommended Duration > 5 years
  • graph-icon-gray
    3
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    Save Tax
Start Investing Now

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Scheme Information

Investment 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

Low

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Moderately Low

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Moderate

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Moderately High

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High

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risk-indicator-arrow.svg

Moderately High risk

1.89 %

Expense Ratio

Mar 29, 1996

Launched (24y ago)

₹ 11,158

AUM in Crores

INF209K01090

ISIN

3

Lock-in

S&P BSE 200 India TR INR

Benchmark

₹ 500

SIP Minimum

₹ 500

Lumpsum Min.

Fund Managers
user-avatar

Ajay Garg

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

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.

build-long-item-wealth-img

Tax Saver Plan

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.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
asset-allocation

Asset allocation and Holdings

Last updated on 2020-11-20

Top Stock Holdings

Housing development finance corp ltd

8.5%
8.5%

Pfizer ltd

8.2%
8.2%

Honeywell automation india ltd

7.7%
7.7%

Bayer cropscience ltd

6.7%
6.7%

Kotak mahindra bank ltd

6%
6%
See all holdingsright-arrow
allocation by market cap

Allocation by Sector

Financial services

24.8%
90%

Healthcare

17.4%
90%

Industrials

13.4%
90%

Basic materials

13.4%
90%

Consumer cyclical

7.3%
90%
See all sectorsright-arrow
comparison

Comparison with Equity Funds

L&T Midcap Fund (G)

L&T Midcap Fund (G)

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16 Years

Age

5

Track Record

HDFC Index Nifty 50 fund (G)

HDFC Index Nifty 50 fund (G)

Index Funds

Recommended

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18 Years

Age

5

Track Record

UTI Nifty Index Fund (G)

UTI Nifty Index Fund (G)

Index Funds

Recommended

Top Ranked

20 Years

Age

5

Track Record

Nippon India Growth Fund (G)

Nippon India Growth Fund (G)

Mid Cap

Recommended

Top Ranked

25 Years

Age

5

Track Record

HDFC Top 100 Fund (G)

HDFC Top 100 Fund (G)

Large Cap

Recommended

Top Ranked

24 Years

Age

5

Track Record

amc-icon

About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 244,950 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.

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  • tel-amc-about
    022-43568000
  • mail-amc-about
    care.mutualfunds@adityabirlacapital.com
  • Aditya Birla Sun Life Liquid (G)

    Aditya Birla Sun Life Liquid (G)

    Liquid

    Recommended

    Top Ranked

    ₹ 34,021 Cr

    Fund Size

    6.3%

    3Y returns

    Aditya Birla Sun Life Liquid Fund Retail (G)

    Aditya Birla Sun Life Liquid Fund Retail (G)

    Liquid

    Top Ranked

    ₹ 34,021 Cr

    Fund Size

    6.3%

    3Y returns

    Aditya Birla Sun Life Liquid Fund Institutional (G)

    Aditya Birla Sun Life Liquid Fund Institutional (G)

    Liquid

    Top Ranked

    ₹ 34,021 Cr

    Fund Size

    6.3%

    3Y returns

    Aditya Birla Sun Life Liquid Discipline Advantage Plan (G)

    Aditya Birla Sun Life Liquid Discipline Advantage Plan (G)

    Liquid

    Top Ranked

    ₹ 34,021 Cr

    Fund Size

    6.3%

    3Y returns

    Aditya Birla Sun Life Liquid fund (DR-A)

    Aditya Birla Sun Life Liquid fund (DR-A)

    Liquid

    Top Ranked

    ₹ 34,021 Cr

    Fund Size

    6.3%

    3Y returns

    growth

    Tax Saver Plan

    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.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Motilal Oswal Long Term Equity Fund (Growth)

    Motilal Oswal Long Term Equity Fund (Growth)

    Equity

    Tax Saving

    Investment Calculator

    Investment Duration5 years

    ₹ 0

    Total Investment

    ₹ 0

    Wealth Gained

    ₹ 0

    Total Corpus Created (₹)

    With assumed returns of 12 %
    How does Scripbox rate funds?

    Proprietary system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Category View

    Category View

    We check if the sub-category of the fund is recommended by us.

    Consistency Of Performance

    Consistency Of Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Quality Of Fund’s Portfolio

    Credit Quality Of Fund’s Portfolio

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

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    Debt Funds

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    About Aditya Birla Sun Life Tax Relief 96 fund (DP-A)

    About Aditya Birla Sun Life Tax Relief 96 fund (DP-A)

    Aditya Birla Sun Life Tax Relief 96 fund (DP-A) is a tax saving equity fund and has delivered an annualised return of 22.9% over a period of 24 years ..The fund is managed by Aditya Birla Sun Life AMC Ltd.The fund manager’s name is Ajay Garg.

    Aditya Birla Sun Life Tax Relief 96 fund (DP-A) Investment 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 However, there is no assurance that the objective of the scheme will be realized.

    Aditya Birla Sun Life Tax Relief 96 fund (DP-A) NAV,AUM,Risk

    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 2020-11-20 is ₹ 150.47. The total AUM (Asset Under Management) of the fund as of 2020-11-22 is ₹ 11157.911. The category risk of the Aditya Birla Sun Life Tax Relief 96 fund (DP-A) fund is Moderately High risk. The fund charges 1.89 % as expense ratio.

    Aditya Birla Sun Life Tax Relief 96 fund (DP-A) Holdings

    The fund’s highest allocation is towards equity and has invested 96.9% in this asset class. The top three holdings of the fund are housing development finance corp ltd,pfizer ltd and honeywell automation india ltd

    Aditya Birla Sun Life Tax Relief 96 fund (DP-A) SIP

    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.

    Aditya Birla Sun Life Tax Relief 96 fund (DP-A) Investment volatility and Horizon

    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) Review

    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.

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