• right-arrow
  • Mutual Funds
    right-arrow
  • Aditya Birla Sun Life Mutual Fund
    right-arrow
  • Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A)
Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A)

EquityTax Saving

Top Ranked

179.6

NAV (Oct 21)

11.3%
5 Year CAGR
Scripbox Opinion

Top Ranked

Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) is a good choice within tax saving mutual funds.

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

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).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

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

Relative Size

14,855 Cr. Category leader in size

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

Invest in this fund
Explore a better alternative to this fund with a Scripbox plan.
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.

  • 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

No single fund can achieve what a plan can. Learn why

chart-amc-about

Historical NAV

179.6

NAV (Oct 21)

Fund Returns

Last 1Y
33.6%
Last 3Y
13.2%
Last 5Y
11.3%
Last 10Y
15.7%
Since Inception
23.1%
6 Month CAGR
15.2%
info-icon-blue

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

risk-indicator-arrow.svg

Very High Risk

Expense Ratio
1.76
Launched (25y ago)
Mar 29, 1996
AUM in Crores
14854.516
ISIN
INF209K01CB1
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

calculator

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.

build-long-item-wealth-img

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)

recommended-badge

₹ 20,371 cr

5

recommended-badge

₹ 5,357 cr

5

recommended-badge

₹ 5,218 cr

5

recommended-badge

₹ 3,953 cr

5

recommended-badge

₹ 3,346 cr

5

amc-icon

About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 313,741 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.

amc-img

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

    21%

    15.1%

    recommended-badge

    5%

    7.1%

    top-ranked-badge

    5%

    6.9%

    top-ranked-badge

    5%

    7.2%

    top-ranked-badge

    5%

    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.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    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

    How to invest in best mutual funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    01

    Choose a plan

    Choose a plan to invest to start investing

    02

    Create an Account

    Create an account with Scripbox through a paperless process, to invest in this fund.

    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard

    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

    testimonial image
    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A)

    About Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A)

    Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 23.1% over a period of 25 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 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) 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 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) NAV,AUM,Risk

    The Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) fund was launched on Mar 29, 1996. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-10-21 is ₹179.60. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹14854.516. The category risk of the Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) fund is Very High Risk. The fund charges 1.76 % as expense ratio.

    Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) Holdings

    The fund’s highest allocation is towards Equity and has invested 100% in this asset class. The top three holdings of the fund are , housing development finance corp ltd , honeywell automation india ltd , reliance industries limited , pfizer ltd , kotak mahindra bank ltd , bayer cropscience ltd , larsen & toubro ltd , icici bank ltd , glaxosmithkline pharmaceuticals ltd , gillette india ltd , hdfc bank ltd , kansai nerolac paints ltd , shree cement ltd , fortis healthcare ltd , idfc first bank ltd , quess corp ltd , johnson controls - hitachi air conditioning india ltd , sundaram clayton ltd , tata consultancy services ltd , biocon ltd , procter & gamble hygiene and health care ltd , container corporation of india ltd , shoppers stop ltd , bata india ltd , infosys ltd , icra ltd , mrf ltd , bajaj finance ltd , titan co ltd , century textiles & industries ltd , ultratech cement ltd , thomas cook india ltd , bosch ltd , hindustan unilever ltd , maruti suzuki india ltd , axis bank ltd , crompton greaves consumer electricals ltd , net receivables / (payables) , clearing corporation of india limited , sun pharmaceuticals industries ltd , hcl technologies ltd , aditya birla capital ltd

    Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) 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 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) 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 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) Review

    Aditya Birla Sun Life Tax Relief 96 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) 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 Reinvst of Inc Dis cum Cap Wdrl fund (RIDCW-A) 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.

    Get started with investing today

    Invest in the best mutual funds recommended by Scripbox that are algorithmically selected that best suit your needs.