• Mutual Funds
  • Aditya Birla Sun Life Mutual Fund
  • Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (Growth)

Formerly Aditya BSL Tax Relief 96 Gr LSP

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (Growth)

EquityTax Saving

40.52

NAV (May 24)

5.5%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in tax saving mutual funds.

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).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Poor

The performance of the fund on a Outperformance Consistency metric has been Poor

Invest in this fund
Scripbox Recommended Tax Saving Fund
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

40.52

NAV (May 24)

Fund Returns

Last 1Y
8.2%
Last 3Y
16.1%
Last 5Y
5.5%
Last 10Y
13.4%
Since Inception
9.6%
6 Month CAGR
-2.7%

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.

Expense Ratio
1.46
Launched (15y ago)
Mar 06, 2008
AUM in Crores
13222.886
ISIN
INF209K01KL3
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
0
Lumpsum Min.
500
Standard Deviation (3yr)
13.7
Standard Deviation (5yr)
17.4
Beta (3yr)
0.85
Beta (5yr)
0.86
Sharpe Ratio (3yr)
0.583
Sharpe Ratio (5yr)
0.029
YTM
0
Fund Managers

Dhaval Gala

Fund Manager

Dhaval Joshi

Fund Manager

Atul Penkar

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (Growth)70%8,36,128 1,03,5165.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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.

Asset allocation and Holdings

Last updated on 2023-05-24

Top Stock Holdings

icici bank ltd

8.3%
8.3%

housing development finance corp ltd

6.8%
6.8%

hdfc bank ltd

6.6%
6.6%

infosys ltd

5.8%
5.8%

reliance industries ltd

5.2%
5.2%
See all holdings

Allocation by Sector

financial services

35.5%
35.5%

consumer cyclical

14.1%
14.1%

industrials

12.1%
12.1%

healthcare

8.8%
8.8%

technology

7.5%
7.5%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset Tax Saver Fund (G)
Mirae Asset Tax Saver Fund (G)

₹ 14,448 cr

₹ 8,056 cr

₹ 10,178 cr

₹ 8,860 cr

₹ 7,811 cr

About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 300,995 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 77 equity,338 debt and 16 hybrid funds.amc-img
022-43568000
care.mutualfunds@adityabirlacapital.com
Fund NameScripbox Opinion
Till Date CAGR

-

3.7%

5.2%

7.4%

5%

6.8%

5.2%

7.3%

5%

7.1%

Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) Review

Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 9.6% over a period of 15 years. The fund was previously known as Aditya BSL Tax Relief 96 Gr LSP. The fund is managed by Aditya Birla Sun Life AMC Ltd. The fund managers are Atul Penkar, Dhaval Gala, Dhaval Joshi.

Nav of Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) as of 5/24/2023 is ₹40.52 with the total AUM as of 5/26/2023 is ₹13222.886. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) was launched on Mar 06, 2008. The category risk of the fund is Very High Risk.

The minimum SIP amount for Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) is ₹0 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. Check your estimated returns on mutual funds by using sip calculator.

Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) 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 IISL Nifty 500 TR INR.

Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) is rated as a 1 fund in Equity and delivered 8.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G).

Frequently Asked Questions

What is Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G)?

Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G)?

You can invest in Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G)?

The minimum sip amount for Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) is ₹0. You can invest in multiples of ₹500.

Is Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) good to invest in?

As per Scripbox experts, Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) is a Not Recommended fund. You can investAditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G)?

The expense ratio of the Aditya Birla Sun Life ELSS Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) is 1.46% for regular plan.