VR Logo

Aditya Birla Sun Life Tax Relief 96 - Direct Plan


1 Lakh

Investment Grown to
₹ 1.46 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.03 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.10 0.46 1.56 2.10 8.91 9.52 8.74 13.49 10.47 16.71 --
S&P BSE 200 TRI 2.03 0.15 1.51 3.17 8.56 6.89 12.75 13.96 9.39 12.74 --
Equity: ELSS 2.47 0.29 1.80 3.77 8.43 7.70 12.58 12.48 9.07 14.34 --
Rank within category 27 11 30 38 12 13 28 15 8 4 --
Number of funds in category 38 38 38 38 37 36 35 34 29 27 1

As on 16-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
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 13.78 13.09 0.62 0.94 0.92 0.63
S&P BSE 200 TRI 14.42 12.70 1.05 -- -- --
Equity: ELSS 13.10 13.33 0.55 0.82 0.96 -0.35
Rank within category 17 18 15 15 12 15
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-Dec-2019

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 59.40
Top 5 Stocks (%) 38.39
Top 3 Sectors (%) 55.52
Portfolio P/B Ratio 3.88
Portfolio P/E Ratio 36.67

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 64,250 98,037
Giant (%) 38.24 52.66
Large (%) 6.90 14.56
Mid (%) 43.64 24.99
Small (%) 11.21 8.12
Tiny (%) -- 0.23

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 23.87 9.35 2.33 9.10
equal HDFC Financial 34.92 8.47 1.50 8.47
equal Honeywell Automation Engineering 61.07 8.83 4.92 7.96
up Pfizer Healthcare 36.39 7.09 2.98 7.09
up Gillette FMCG 84.47 7.48 3.73 5.77
up Glaxosmithkline Pharma Healthcare 32.34 5.60 2.89 5.48
equal Kotak Mahindra Bank Financial 39.48 4.73 2.73 4.41
equal Bayer CropScience Healthcare 106.35 6.22 4.28 4.40
up Larsen & Toubro Construction 19.36 4.50 1.06 3.79
equal HDFC Bank Financial 29.93 2.94 1.38 2.93
equal IDFC First Bank Financial -- 3.17 0.00 2.81
up Kansai Nerolac Paints Chemicals 50.87 2.77 0.90 2.77
equal Shree Cement Construction 65.05 2.75 1.11 2.66
equal Johnson Controls - Hitachi Air Conditioning India Cons Durable 58.04 5.19 2.38 2.43
equal Biocon Healthcare 40.80 3.49 1.61 2.13
equal Shopper's Stop Services 67.86 3.75 1.91 2.03
equal ICICI Bank Financial 66.86 1.98 1.12 1.98
up Tata Consultancy Services Technology 25.69 1.91 1.04 1.86
equal Sundaram-Clayton Automobile 42.93 9.79 1.81 1.83
new Quess Corp Financial 32.71 1.65 0.00 1.65
equal Bata India FMCG 63.27 1.70 0.90 1.58
equal MRF Automobile 27.71 3.31 1.13 1.40
equal ICRA Financial 31.28 4.03 1.14 1.32
equal Indusind Bank Financial 20.82 2.46 1.12 1.26
equal Bosch Automobile 40.17 3.26 1.23 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-Dec-2019


0.46%

Change from previous, NAV as on 16-Jan-2020

Growth: ₹ 35.0800

Dividend: ₹ 241.9700


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: 16.40%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 10,029 Cr (As on 31-Dec-2019)
Expense: 0.81% (As on 31-Dec-2019)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 1.00%

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

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM