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Unrated

Aditya Birla Sun Life Tax Plan - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.79 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 15.35 0.61 0.86 4.15 5.81 8.59 31.27 8.88 12.65 13.44 --
S&P BSE 500 TRI 31.79 0.80 1.47 6.84 10.69 20.85 58.89 16.84 16.57 14.05 --
Equity: ELSS 32.56 0.84 1.40 5.82 11.45 21.32 58.27 17.19 16.10 14.54 --

As on 15-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Tax Plan - Direct Plan  | Invest Online
Unrated
Jan-13 31.27 8.88 12.65 1.87 479
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 62.74 20.00 19.20 0.79 33,871
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 69.04 21.43 17.95 0.86 9,675
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 64.99 23.73 23.04 0.46 9,401
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 73.14 18.60 18.70 0.87 3,339

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.57 24-Mar-2020 - 31-Mar-2020 -20.03 16-Mar-2020 - 23-Mar-2020
Month 21.35 23-Mar-2020 - 22-Apr-2020 -34.66 20-Feb-2020 - 23-Mar-2020
Quarter 34.54 23-Mar-2020 - 22-Jun-2020 -32.96 23-Dec-2019 - 23-Mar-2020
Year 79.02 13-Feb-2014 - 13-Feb-2015 -30.42 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.09 20.84 0.24 0.28 0.88 -6.07
S&P BSE 500 TRI 16.64 22.81 0.55 0.63 -- --
Equity: ELSS 16.80 22.39 0.57 0.62 0.95 0.74

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 39
Top 10 Stocks (%) 54.16
Top 5 Stocks (%) 34.32
Top 3 Sectors (%) 52.29
Portfolio P/B Ratio 4.95
Portfolio P/E Ratio 39.03

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 68,960 1,32,117
Giant (%) 37.10 51.44
Large (%) 2.87 15.94
Mid (%) 51.04 24.65
Small (%) 8.99 8.14
Tiny (%) -- 0.27

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Financial 25.27 9.67 4.02 8.80
equal Pfizer Healthcare 47.59 9.04 5.27 7.32
equal Honeywell Automation Engineering 83.70 10.13 6.87 7.24
down Reliance Industries Ltd - Partly Paid Equity Energy -- 6.99
down Bayer CropScience Chemicals 49.96 7.61 4.19 5.63
down Kotak Mahindra Bank Financial 38.03 6.76 2.96 5.33
equal Larsen & Toubro Construction 19.47 4.76 1.11 4.54
down ICICI Bank Financial 25.20 4.29 1.37 4.27
equal Glaxosmithkline Pharma Healthcare 72.58 5.38 3.81 4.05
down Gillette FMCG 63.23 7.54 3.77 3.77
equal Kansai Nerolac Paints Chemicals 55.01 3.35 1.07 3.21
down HDFC Bank Financial 26.31 3.23 1.65 2.98
down Fortis Healthcare Healthcare -- 2.81 0.00 2.81
down Shree Cement Construction 42.78 3.14 1.79 2.66
equal Johnson Controls - Hitachi Air Conditioning India Consumer Durable 135.94 3.58 2.23 2.26
equal Quess Corp Financial 199.81 2.20 0.00 2.13
down Sundaram-Clayton Automobile 14.63 5.05 1.31 2.12
equal Tata Consultancy Services Technology 41.90 2.24 1.43 2.12
equal IDFC First Bank Financial -- 3.24 0.00 2.07
equal P&G Hygiene & Health Care FMCG 70.04 1.90 0.84 1.86
equal Biocon Healthcare 66.39 3.01 1.64 1.83
equal Container Corporation Of India Services 63.61 1.50 0.15 1.49
equal Infosys Technology 35.19 1.35 0.57 1.35
equal Bata India FMCG -- 1.74 1.03 1.29
equal Shoppers Stop Ltd. Services -- 3.64 0.85 1.23

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021


0.61%

Change from previous, NAV as on 15-Sep-2021

Growth: ₹ 56.5000

IDCW: ₹ 185.9700


Investment Strategy

An Open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 15.96%
Benchmark: S&P BSE Sensex TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 479 Cr (As on 31-Aug-2021)
Expense: 1.87% (As on 31-Jul-2021)
Risk Grade: --
Return Grade: --
Turnover: 8.00%

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

ELSS vs. NPS vs. PPF

DateFriday, 17-Sep-2021
Time12:30 PM - 01:00 PM