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

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

EquityTax Saving

Top Ranked

41.5

NAV (Nov 30)

12.9%
5 Year CAGR
Scripbox Opinion

Not Reviewed yet

Our analysis of this fundLearn how we rate funds ->

Track Record

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

Relative Size

14,648 Cr. Category leader in size

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

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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.

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    3 Years
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    Save Tax

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Historical NAV

41.5

NAV (Nov 30)

Fund Returns

Last 1Y

20.3%

Last 3Y

10.8%

Last 5Y

12.9%

Last 10Y

16.2%

Since Inception

10.9%

6 Month CAGR

5%

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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

Low to Moderate

Moderate

Moderately High

High

Very High

Very High Risk

Expense Ratio

1.76

Launched (13y ago)

Mar 06, 2008

AUM in Crores

14647.004

ISIN

INF209K01KL3

Lock-in

3

Benchmark

S&P BSE 200 India TR INR

SIP Minimum

0

Lumpsum Min.

500

Fund Managers
user-avatar

Ajay Garg

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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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
comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

SBI Focused Equity Fund (G)

₹ 21,676 cr

5

₹ 5,381 cr

5

₹ 5,380 cr

5

₹ 4,084 cr

5

₹ 3,456 cr

5

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About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 316,588 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 83 equity,329 debt and 19 hybrid funds.

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  • tel-amc-about
    022-43568000
  • mail-amc-about
    care.mutualfunds@adityabirlacapital.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    17.3%

    14.6%

    4.9%

    7.1%

    4.9%

    6.8%

    4.9%

    7.2%

    4.8%

    6.8%

    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 Years
    • 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

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

    How does Scripbox rate funds?

    Proprietary 4-step 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.

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    Track Record

    Track Record

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

    Fund Size

    Fund Size

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

    Sub-asset Class View

    Sub-asset Class View

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

    Fund Performance

    Fund 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.

    Fund Size

    Fund 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 Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

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

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

    Aditya Birla Sun Life 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 10.9% over a period of 13 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 ELSS U S 80C of IT ACT Growth LSP fund (G) 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 ELSS U S 80C of IT ACT Growth LSP fund (G) NAV,AUM,Risk

    The Aditya Birla Sun Life Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) fund was launched on Mar 06, 2008. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-11-30 is ₹41.50. The total AUM (Asset Under Management) of the fund as of 01/12/2021 is ₹14647.004. The category risk of the Aditya Birla Sun Life Tax Relief 96 ELSS U S 80C of IT ACT Growth LSP fund (G) fund is Very High Risk. The fund charges 1.76 % as expense ratio.

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

    The fund’s highest allocation is towards Equity and has invested 99.4% in this asset class. The top three holdings of the fund are , housing development finance corp ltd , honeywell automation india ltd , reliance industries ltd ordinary shares (partly paid rs.5) , pfizer ltd , kotak mahindra bank ltd , bayer cropscience ltd , icici bank ltd , larsen & toubro ltd , glaxosmithkline pharmaceuticals ltd , gillette india ltd , hdfc bank ltd , shree cement ltd , kansai nerolac paints ltd , fortis healthcare ltd , sundaram clayton ltd , idfc first bank ltd , quess corp ltd , johnson controls - hitachi air conditioning india ltd , procter & gamble hygiene and health care ltd , tata consultancy services ltd , biocon ltd , shoppers stop ltd , container corporation of india ltd , bata india ltd , icra ltd , infosys ltd , mrf ltd , titan co ltd , bosch ltd , thomas cook india ltd , ultratech cement ltd , bajaj finance ltd , century textiles & industries ltd , hindustan unilever ltd , clearing corporation of india limited , maruti suzuki india ltd , crompton greaves consumer electricals ltd , sun pharmaceuticals industries ltd , net receivables / (payables) , axis bank ltd , hcl technologies ltd , fsn e-commerce ventures ltd

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

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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 ELSS U S 80C of IT ACT Growth LSP fund (G) 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 ELSS U S 80C of IT ACT Growth LSP fund (G) Review

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