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

Aditya Birla Sun Life Tax Relief 96 fund (Growth)

EquityTax Saving

42.31

NAV (Dec 02)

6.7%
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

42.31

NAV (Dec 2)

Fund Returns

Last 1Y

1%

Last 3Y

9.3%

Last 5Y

6.7%

Last 10Y

13.9%

Since Inception

10.3%

6 Month CAGR

9.8%

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

1.75

Launched (14y ago)

Mar 06, 2008

AUM in Crores

13943.835

ISIN

INF209K01108

Lock-in

3

Benchmark

IISL Nifty 500 TR INR

SIP Minimum

500

Lumpsum Min.

500

Standard Deviation (3yr)

19.7

Standard Deviation (5yr)

17.6

Beta (3yr)

0.84

Beta (5yr)

0.86

Sharpe Ratio (3yr)

0.348

Sharpe Ratio (5yr)

0.168

YTM

0

Fund Managers

Dhaval Gala

Fund Manager

Atul Penkar

Fund Manager

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.

Asset allocation and Holdings

Last updated on 2022-12-02

Top Stock Holdings

icici bank ltd

7.8%
7.8%

reliance industries ltd

5.8%
5.8%

housing development finance corp ltd

5.4%
5.4%

honeywell automation india ltd

5.4%
5.4%

infosys ltd

5.1%
5.1%
See all holdings

Allocation by Sector

financial services

32.5%
32.5%

consumer cyclical

15.9%
15.9%

industrials

12.8%
12.8%

healthcare

10.9%
10.9%

basic materials

9.9%
9.9%
See all sectors

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

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

₹ 10,427 cr

₹ 4,865 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 299,101 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 83 equity,332 debt and 16 hybrid funds.

amc-img

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

    5.2%

    7.4%

    5%

    6.7%

    5.2%

    7.3%

    5%

    7%

    5.2%

    7.4%

    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 10.3% over a period of 14 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 12/2/2022 is ₹42.31 with the total AUM as of 12/4/2022 is ₹13943.835. 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 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 Tax Relief 96 fund (G).

    Frequently Asked Questions

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

    Aditya Birla Sun Life Tax Relief 96 fund (G) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    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 1.75% for regular plan.