- Mutual Funds
- Aditya Birla Sun Life Mutual Fund
- Aditya Birla Sun Life Tax Relief 96 fund (Growth)
Aditya Birla Sun Life Tax Relief 96 fund (Growth)
₹ 37.63
NAV (Mar 28)
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).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 37.63
NAV (Mar 28)
Fund Returns
Last 1Y | -4% |
Last 3Y | 15.1% |
Last 5Y | 4.3% |
Last 10Y | 13.2% |
Since Inception | 9.2% |
6 Month CAGR | -4.7% |
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.
Expense Ratio | 1.74 |
Launched (15y ago) | Mar 06, 2008 |
AUM in Crores | 12755.213 |
ISIN | INF209K01108 |
Lock-in | 3 |
Benchmark | IISL Nifty 500 TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 19.9 |
Standard Deviation (5yr) | 17.6 |
Beta (3yr) | 0.86 |
Beta (5yr) | 0.86 |
Sharpe Ratio (3yr) | 0.239 |
Sharpe Ratio (5yr) | 0.059 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Aditya Birla Sun Life Tax Relief 96 fund (Growth) | 811,972 | 79,360 | 4.3% | |
| 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.
Asset allocation and Holdings
Top Stock Holdings
icici bank ltd
7.8%infosys ltd
6.5%hdfc bank ltd
6.3%housing development finance corp ltd
6.3%honeywell automation india ltd
5.2%Allocation by Sector
financial services
34.4%consumer cyclical
15%industrials
12.3%healthcare
9.3%technology
8.2%Compare Aditya Birla Sun Life Tax Relief 96 fund (Growth)
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 4,641 cr | ||
₹ 10,129 cr | ||
₹ 15,261 cr | ||
₹ 10,129 cr | ||
₹ 15,261 cr |
About the AMC
Aditya Birla Sun Life AMC Ltd
Aditya Birla Sun Life AMC Ltd manages assets worth 285,685 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 83 equity,338 debt and 16 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
- | 2.9% | ||
5.3% | 7.4% | ||
5.1% | 6.7% | ||
5.3% | 7.3% | ||
5.1% | 7% |
Aditya Birla Sun Life Tax Relief 96 fund (G) Review
Aditya Birla Sun Life Tax Relief 96 fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 9.2% over a period of 15 years. The fund is managed by Aditya Birla Sun Life AMC Ltd. The fund managers are Atul Penkar, Dhaval Gala.
Nav of Aditya Birla Sun Life Tax Relief 96 fund (G) as of 3/28/2023 is ₹37.63 with the total AUM as of 3/29/2023 is ₹12755.213. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life Tax Relief 96 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 Tax Relief 96 fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.
Aditya Birla Sun Life Tax Relief 96 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 Tax Relief 96 fund (G) is rated as a 1 fund in Equity and delivered -4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Aditya Birla Sun Life Tax Relief 96 fund (G).
Frequently Asked Questions
What is Aditya Birla Sun Life Tax Relief 96 fund (G)?
How to invest in Aditya Birla Sun Life Tax Relief 96 fund (G)?
You can invest in Aditya Birla Sun Life Tax Relief 96 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 Tax Relief 96 fund (G)?
The minimum sip amount for Aditya Birla Sun Life Tax Relief 96 fund (G) is ₹500. You can invest in multiples of ₹500.
Is Aditya Birla Sun Life Tax Relief 96 fund (G) good to invest in?
As per Scripbox experts, Aditya Birla Sun Life Tax Relief 96 fund (G) is a Not Recommended fund. You can investAditya Birla Sun Life Tax Relief 96 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 Tax Relief 96 fund (G)?
The expense ratio of the Aditya Birla Sun Life Tax Relief 96 fund (G) is 1.74% for regular plan.