96.49
153.12
1
1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.13 | 0.13 | -0.50 | 1.86 | 5.65 | 23.02 | 4.43 | 2.32 | 8.06 | 15.28 | 9.62 |
| S&P BSE 500 TRI | 0.07 | 0.24 | -0.06 | 4.72 | 7.91 | 32.96 | 4.22 | 4.34 | 8.62 | 12.25 | 8.10 |
| Equity: ELSS | -0.83 | 0.33 | 0.16 | 4.15 | 7.49 | 27.83 | 2.70 | 2.18 | 7.15 | 13.02 | 8.82 |
| Rank within category | 15 | 28 | 33 | 37 | 30 | 33 | 13 | 17 | 12 | 4 | 7 |
| Number of funds in category | 38 | 38 | 38 | 38 | 38 | 38 | 37 | 34 | 30 | 29 | 27 |
As on 21-Oct-2020
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Tax Relief 96 | Invest Online | |
Mar-96 | 4.43 | 2.32 | 8.06 | 1.89 | 11,123 |
| Axis Long Term Equity Fund | |
Dec-09 | -0.67 | 6.20 | 8.84 | 1.72 | 21,836 |
| DSP Tax Saver Fund | Invest Online | |
Jan-07 | 0.28 | 3.01 | 9.20 | 1.86 | 6,178 |
| Mirae Asset Tax Saver Fund - Regular Plan | Invest Online |  |
Dec-15 | 10.62 | 7.68 | -- | 1.77 | 4,270 |
| Tata India Tax Savings Fund | Invest Online | |
Mar-96 | 1.06 | 2.78 | 8.72 | 2.08 | 2,070 |
| 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) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 5.23 | 19.81 | 0.01 | 0.01 | 0.88 | -1.19 |
| S&P BSE 500 TRI | 6.61 | 21.81 | 0.07 | 0.08 | -- | -- |
| Equity: ELSS | 4.36 | 21.40 | -0.03 | -0.03 | 0.95 | -2.17 |
| Rank within category | 15 | 4 | 15 | 15 | 4 | 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 30-Sep-2020
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| Number of Stocks | 38 |
| Top 10 Stocks (%) | 56.07 |
| Top 5 Stocks (%) | 37.05 |
| Top 3 Sectors (%) | 57.57 |
| Portfolio P/B Ratio | 3.91 |
| Portfolio P/E Ratio | 35.13 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 56,079 | 93,415 |
| Giant (%) | 35.90 | 50.27 |
| Large (%) | 6.96 | 15.96 |
| Mid (%) | 48.48 | 25.18 |
| Small (%) | 8.66 | 8.58 |
| Tiny (%) | -- | 0.14 |
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Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Sep-2020
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:
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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 |
| Fund House: | Aditya Birla Sun Life Mutual Fund |
| Launch Date: | 29-Mar-1996 |
| Return Since Launch: | 22.75% |
| Benchmark: | S&P BSE 200 TRI |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | ₹ 11,123 Cr (As on 30-Sep-2020) |
| Expense: | 1.89% (As on 30-Sep-2020) |
| Risk Grade: | Below Average |
| Return Grade: | Above Average |
| Turnover: | 12.00% |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Dividend | 29-Nov-2019 | 9.3942 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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
Friday, 23-Oct-2020
12:30 PM - 01:00 PM