Aditya Birla Sun Life Tax Relief 96

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Equity: ELSS

1 Lakh

Investment Grown to

₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to

₹ 3.90 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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Annual Returns

Quarterly Returns

Monthly Returns

Weekly Returns

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Amount (₹)

Start date

End date

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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	1.08	-0.16	-0.88	-1.43	1.42	15.45	9.17	10.21	8.45	16.26	12.38
S&P BSE 500 TRI	-1.47	-0.32	-1.24	-3.61	-0.75	10.95	9.48	9.38	7.75	12.61	10.63
Equity: ELSS	0.61	-0.30	-0.81	-2.02	1.30	13.24	12.36	8.44	7.46	13.86	11.81
Rank within category	17	7	20	17	17	10	26	12	11	3	9
Number of funds in category	38	38	38	38	38	37	36	34	30	28	27

As on 25-Feb-2020

Best & Worst Performance

	Best (Period)	Worst (Period)
Week	23.35 (13-May-2009 - 20-May-2009)	-20.12 (15-Jan-2008 - 22-Jan-2008)
Month	50.46 (21-Jan-2000 - 22-Feb-2000)	-36.20 (24-Sep-2008 - 24-Oct-2008)
Quarter	138.12 (22-Nov-1999 - 22-Feb-2000)	-45.04 (02-Sep-2008 - 02-Dec-2008)
Year	387.28 (22-Feb-1999 - 22-Feb-2000)	-65.58 (03-Dec-2007 - 02-Dec-2008)

Risk Measures (%)

	Mean	Std Dev	Sharpe	Sortino	Beta	Alpha
Fund	11.75	12.95	0.47	0.71	0.93	0.33
S&P BSE 500 TRI	11.88	12.82	0.48	0.72	--	--
Equity: ELSS	10.46	13.00	0.37	0.53	0.95	-1.09
Rank within category	13	20	13	11	15	13
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
Reliance Industries	Energy	20.45	9.35	2.46	8.26
HDFC	Financial	18.16	8.47	1.50	8.25
Honeywell Automation	Engineering	64.33	8.83	4.95	7.94
Pfizer	Healthcare	37.10	7.09	2.98	6.86
Glaxosmithkline Pharma	Healthcare	288.64	5.73	2.89	5.73
Gillette	FMCG	71.21	7.48	3.84	5.33
Bayer CropScience	Healthcare	69.56	6.22	4.28	4.97
Kotak Mahindra Bank	Financial	36.56	4.73	2.73	4.31
Larsen & Toubro	Construction	17.41	4.50	1.06	4.02
Johnson Controls - Hitachi Air Conditioning India	Cons Durable	65.06	5.19	2.38	2.97
Shree Cement	Construction	63.17	2.92	1.11	2.92
Kansai Nerolac Paints	Chemicals	50.01	2.77	0.90	2.76
HDFC Bank	Financial	24.89	2.94	1.38	2.75
IDFC First Bank	Financial	--	3.17	0.00	2.46
Shopper's Stop	Services	--	3.75	1.91	2.20
Biocon	Healthcare	42.90	3.49	1.61	2.07
Quess Corp	Financial	30.15	2.07	0.00	2.07
Sundaram-Clayton	Automobile	9.72	9.79	1.81	1.89
ICICI Bank	Financial	35.79	1.98	1.12	1.87
Tata Consultancy Services	Technology	24.61	1.91	1.04	1.74
Bata India	FMCG	56.95	1.70	0.90	1.58
MRF	Automobile	27.94	3.31	1.13	1.43
ICRA	Financial	32.08	4.03	1.14	1.22
Axis Bank	Financial	42.94	1.46	0.74	1.14
P&G Hygiene & Health Care	FMCG	85.89	1.38	0.83	1.11

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

As on 31-Jan-2020

Fund Manager

— Ajay Garg since 01-Oct-2006

Education: Mr. Garg is B.E (Electronics) and MBA (Finance).

Experience: Prior to joining Birla Sun Life AMC in 2003 he has worked with Birla Sun Life Securities Ltd.

Funds Managed:

Invest Online

-0.16%

Change from previous, NAV as on 25-Feb-2020

Dividend: ₹ 143.7400

Growth: ₹ 32.5700

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.

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

Exit Load

Fund House:	Aditya Birla Sun Life Mutual Fund
Launch Date:	29-Mar-1996
Return Since Launch:	23.51%
Benchmark:	S&P BSE 200 TRI
Riskometer:	Moderately High
Type:	Open-ended
Assets:	₹ 10,308 Cr (As on 31-Jan-2020)
Expense:	2.00% (As on 31-Jan-2020)
Risk Grade:	Below Average
Return Grade:	Above Average
Turnover:	3.00%

Plan

Record Date

Dividend (₹ / Unit)

Dividend

29-Nov-2019

9.3942

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	30-Nov-2018	9.4739
	24-Nov-2017	17.1000
	25-Nov-2016	6.6200
	11-Mar-2016	6.5000
	13-Mar-2015	2.7500
	07-Feb-2014	3.0000
	08-Mar-2013	3.0000
	23-Mar-2012	1.5000
	31-Mar-2011	4.0000
	12-Mar-2010	7.0000
	31-Aug-2009	4.0000
	27-Jun-2008	5.0000
	25-Mar-2008	20.0000
	16-Mar-2007	50.0000
	19-Jan-2007	26.0000
	08-Dec-2006	25.0000
	27-Apr-2006	50.0000
	10-Mar-2004	10.0000
	05-May-2000	30.0000

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Aditya Birla Sun Life Tax Relief 96

₹ 1.09 Lakh

₹ 1.34 Lakh

₹ 1.50 Lakh

₹ 2.87 Lakh

₹ 3.21 Lakh

₹ 8.06 Lakh

₹ 11.30 Lakh

₹ 1.26 Lakh

₹ 3.90 Lakh

₹ 7.44 Lakh

₹ 13.19 Lakh

₹ 24.10 Lakh

₹ 52.23 Lakh

₹ 1.53 Cr

Trailing Returns (%)

Best & Worst Performance

Risk Measures (%)

Asset Allocation (%)

Concentration & Valuation

Portfolio Aggregates

Value Research Fund Style

Sector Allocation vis-à-vis Category

Top Holdings

Fund Manager

-0.16%

Investment Strategy

Investment Details

Basic Details

Most Recent Dividends

News & Analysis

Contact Information

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