• Mutual Funds
  • Aditya Birla Sun Life Mutual Fund
  • Aditya Birla Sun Life ELSS Tax Relief 96 fund (Growth)

Formerly Aditya BSL Tax Relief 96 Gr

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life ELSS Tax Relief 96 fund (Growth)

EquityTax Saving

47.28

NAV (Dec 05)

8.9%
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

Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

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

47.28

NAV (Dec 5)

Fund Returns

Last 1Y
11.1%
Last 3Y
10.5%
Last 5Y
8.9%
Last 10Y
14.3%
Since Inception
10.3%
6 Month CAGR
14.1%

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
1.7
Launched (15y ago)
Mar 06, 2008
AUM in Crores
13535.947
ISIN
INF209K01108
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
12.6
Standard Deviation (5yr)
16.9
Beta (3yr)
0.88
Beta (5yr)
0.86
Sharpe Ratio (3yr)
0.44
Sharpe Ratio (5yr)
0.277
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 fund (Growth)70%9,09,863 1,77,2518.9%
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 2023-12-05

Top Stock Holdings

icici bank ltd

8.1%
8.1%

hdfc bank ltd

6.9%
6.9%

reliance industries ltd

5.3%
5.3%

clearing corporation of india limited

5%
5%

infosys ltd

4.6%
4.6%
See all holdings

Allocation by Sector

financial services

30%
30%

consumer cyclical

16.5%
16.5%

industrials

10.8%
10.8%

healthcare

7.7%
7.7%

technology

7.7%
7.7%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 11,693 cr

₹ 17,531 cr

₹ 11,883 cr

₹ 10,182 cr

₹ 9,101 cr

About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 322,237 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 90 equity,370 debt and 20 hybrid funds.amc-img
022-43568000
care.mutualfunds@adityabirlacapital.com
Fund NameScripbox Opinion
Till Date CAGR

-

4.1%

5.2%

7.4%

5.3%

6.8%

5.2%

7.3%

5.3%

7.1%

Aditya Birla Sun Life ELSS Tax Relief 96 fund (G) Review

Aditya Birla Sun Life ELSS Tax Relief 96 fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 10.3% over a period of 15 years. The fund was previously known as Aditya BSL Tax Relief 96 Gr. 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 fund (G) as of 12/5/2023 is ₹47.28 with the total AUM as of 12/6/2023 is ₹13535.947. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life ELSS 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 ELSS 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 ELSS 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 ELSS Tax Relief 96 fund (G) is rated as a 1 fund in Equity and delivered 11.1% 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 fund (G).

Frequently Asked Questions

What is Aditya Birla Sun Life ELSS Tax Relief 96 fund (G)?

Aditya Birla Sun Life ELSS Tax Relief 96 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 fund (G)?

You can invest in Aditya Birla Sun Life ELSS 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 ELSS Tax Relief 96 fund (G)?

The minimum sip amount for Aditya Birla Sun Life ELSS Tax Relief 96 fund (G) is ₹500. You can invest in multiples of ₹500.

Is Aditya Birla Sun Life ELSS Tax Relief 96 fund (G) good to invest in?

As per Scripbox experts, Aditya Birla Sun Life ELSS Tax Relief 96 fund (G) is a Not Recommended fund. You can investAditya Birla Sun Life ELSS 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 ELSS Tax Relief 96 fund (G)?

The expense ratio of the Aditya Birla Sun Life ELSS Tax Relief 96 fund (G) is 1.7% for regular plan.