• Mutual Funds
  • Aditya Birla Sun Life Mutual Fund
  • Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A)

Formerly Aditya BSL ELSS Tax Relief 96 IDCW-R

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A)

EquityTax Saving

197.73

NAV (Jun 12)

12.1%
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).

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 ->

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

Invest in this fund
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

197.73

NAV (Jun 12)

Fund Returns

Last 1Y
35.6%
Last 3Y
11.8%
Last 5Y
12.4%
Last 10Y
13.4%
Since Inception
21.9%
6 Month CAGR
18.8%

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
1.68
Launched (28y ago)
Mar 29, 1996
AUM in Crores
15481.431
ISIN
INF209K01CB1
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
0
Lumpsum Min.
500
Standard Deviation (3yr)
11.5
Standard Deviation (5yr)
17.3
Beta (3yr)
0.87
Beta (5yr)
0.85
Sharpe Ratio (3yr)
0.47
Sharpe Ratio (5yr)
0.393
YTM
0
Fund Managers

Dhaval Gala

Fund Manager

Dhaval Joshi

Fund Manager

Atul Penkar

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A)70%9,87,109 2,54,49712.1%
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 2024-06-12

Top Stock Holdings

icici bank ltd

6.6%
6.6%

reliance industries ltd

5.7%
5.7%

hdfc bank ltd

5.5%
5.5%

larsen & toubro ltd

5%
5%

infosys ltd

4.5%
4.5%
See all holdings

Allocation by Sector

financial services

25.3%
25.3%

consumer cyclical

18.6%
18.6%

industrials

12.8%
12.8%

energy

8.1%
8.1%

healthcare

7.9%
7.9%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 19,454 cr

₹ 15,161 cr

₹ 22,620 cr

₹ 42,669 cr

₹ 63,933 cr

amc-img

About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 371,510 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
phone-img022-43568000
Fund NameScripbox Opinion
Till Date CAGR

-

4.8%

5.9%

7.4%

6%

6.8%

5.9%

7.3%

6%

7.1%

Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) Review

Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 21.8% over a period of 28 years. The fund was previously known as Aditya BSL ELSS Tax Relief 96 IDCW-R. 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 Saver fund (RIDCW-A) as of 6/12/2024 is ₹197.73 with the total AUM as of 6/13/2024 is ₹15481.431. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) was launched on Mar 29, 1996. The category risk of the fund is Very High Risk.

The minimum SIP amount for Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) is ₹0 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 Saver fund (RIDCW-A) 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 Nifty 500 TR INR.

Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) is rated as a 1 fund in Equity and delivered 34.9% 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 Saver fund (RIDCW-A).

Frequently Asked Questions

What is Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A)?

Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) 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 Saver fund (RIDCW-A)?

You can invest in Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) 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 Saver fund (RIDCW-A)?

The minimum sip amount for Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) is ₹0. You can invest in multiples of ₹500.

Is Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) good to invest in?

As per Scripbox experts, Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) is a Not Recommended fund. You can investAditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) 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 Saver fund (RIDCW-A)?

The expense ratio of the Aditya Birla Sun Life ELSS Tax Saver fund (RIDCW-A) is 1.68% for regular plan.