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Aditya Birla Sun Life Tax Relief 96 - Direct Plan


1 Lakh

Investment Grown to
₹ 1.38 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.02 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 1.43 -1.39 -1.08 -1.16 2.89 16.24 10.75 11.46 9.53 17.29 --
S&P BSE 500 TRI -1.15 -2.01 -1.35 -3.30 0.86 11.31 10.62 9.51 7.81 12.61 --
Equity: ELSS 1.07 -1.69 -0.79 -1.64 2.96 14.17 14.62 9.69 8.52 14.85 --
Rank within category 18 4 27 16 18 11 27 12 11 5 --
Number of funds in category 38 38 38 38 38 37 36 34 30 28 1

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.63 (03-Sep-2013 - 10-Sep-2013) -8.15 (19-Aug-2015 - 26-Aug-2015)
Month 16.81 (07-May-2014 - 06-Jun-2014) -14.11 (07-Sep-2018 - 09-Oct-2018)
Quarter 24.11 (07-Apr-2014 - 07-Jul-2014) -12.15 (27-Jul-2018 - 26-Oct-2018)
Year 80.81 (13-Feb-2014 - 13-Feb-2015) -14.34 (03-Sep-2018 - 03-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.84 12.97 0.55 0.84 0.93 1.40
S&P BSE 500 TRI 11.88 12.82 0.48 0.72 -- --
Equity: ELSS 11.52 13.02 0.45 0.65 0.95 -0.04
Rank within category 12 20 13 13 15 14
Number of funds in category 34 34 34 34 34 34

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 58.63
Top 5 Stocks (%) 37.03
Top 3 Sectors (%) 55.36
Portfolio P/B Ratio 3.56
Portfolio P/E Ratio 33.83

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 60,615 90,653
Giant (%) 37.84 50.67
Large (%) 8.82 15.11
Mid (%) 43.04 25.96
Small (%) 10.30 8.61
Tiny (%) -- 0.26

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
equal Reliance Industries Energy 21.12 9.35 2.46 8.26
equal HDFC Financial 18.18 8.47 1.50 8.25
equal Honeywell Automation Engineering 65.24 8.83 4.95 7.94
up Pfizer Healthcare 36.91 7.09 2.98 6.86
up Glaxosmithkline Pharma Healthcare 287.45 5.73 2.89 5.73
equal Gillette FMCG 71.76 7.48 3.84 5.33
equal Bayer CropScience Healthcare 69.91 6.22 4.28 4.97
equal Kotak Mahindra Bank Financial 36.78 4.73 2.73 4.31
up Larsen & Toubro Construction 18.10 4.50 1.06 4.02
equal Johnson Controls - Hitachi Air Conditioning India Cons Durable 63.98 5.19 2.38 2.97
equal Shree Cement Construction 64.13 2.92 1.11 2.92
up Kansai Nerolac Paints Chemicals 50.57 2.77 0.90 2.76
equal HDFC Bank Financial 25.23 2.94 1.38 2.75
equal IDFC First Bank Financial -- 3.17 0.00 2.46
equal Shopper's Stop Services -- 3.75 1.91 2.20
equal Biocon Healthcare 44.96 3.49 1.61 2.07
equal Quess Corp Financial 30.19 2.07 0.00 2.07
up Sundaram-Clayton Automobile 9.81 9.79 1.81 1.89
equal ICICI Bank Financial 36.13 1.98 1.12 1.87
equal Tata Consultancy Services Technology 24.50 1.91 1.04 1.74
equal Bata India FMCG 59.63 1.70 0.90 1.58
equal MRF Automobile 28.16 3.31 1.13 1.43
equal ICRA Financial 32.62 4.03 1.14 1.22
equal Axis Bank Financial 42.77 1.46 0.74 1.14
equal P&G Hygiene & Health Care FMCG 85.79 1.38 0.83 1.11

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-Jan-2020


-1.39%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 34.8500

Dividend: ₹ 240.3400


Investment Strategy

The scheme seeks long-term capital growth and will invest approximately 80 per cent of its assets in equity, while the balance would be a invested in debt and money market instrument. It was converted to an open-ended scheme with effect from July 1999. A combination of top down & bottom up approach will be followed in the stock selection process.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 16.03%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 10,308 Cr (As on 31-Jan-2020)
Expense: 0.80% (As on 31-Jan-2020)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 3.00%

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: 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

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dateFriday, 28-Feb-2020
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