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Aditya Birla Sun Life Tax Relief 96 download report


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.23 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.87 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
Aditya Birla SL Tax Relief 96-IDCW -12.20 0.18 -3.52 -9.64 -8.83 -16.07 -2.45 7.02 6.32 8.14 14.65
S&P BSE 500 TRI -8.87 0.73 -2.99 -10.15 -7.83 -11.96 10.15 15.42 11.62 11.80 14.82
Equity: ELSS -10.78 0.73 -2.68 -10.20 -9.10 -13.88 8.08 13.96 9.63 10.38 14.97
Rank within category 25 36 34 10 16 28 35 34 31 26 13
Number of funds in category 36 36 36 36 36 36 36 34 32 28 26

As on 16-May-2022

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 Relief 96  | Invest Online
1 star
Mar-96 -2.45 7.02 6.32 1.79% 13,736
Axis Long Term Equity Fund
4 star
Dec-09 -1.20 11.82 10.51 1.54% 31,656
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 9.01 18.59 14.22 1.64% 11,963
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 8.82 16.80 11.27 1.92% 9,811
IDFC Tax Advantage (ELSS) Fund - Regular Plan  | Invest Online
4 star
Dec-08 13.94 18.20 12.43 1.96% 3,742

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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
Aditya Birla SL Tax Relief 96-IDCW 9.88 19.33 0.33 0.38 0.85 -6.16
S&P BSE 500 TRI 18.19 21.83 0.67 0.73 -- --
Equity: ELSS 16.76 21.35 0.62 0.65 0.95 -0.66
Rank within category 34 4 34 34 4 33
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-Apr-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 46
Top 10 Stocks (%) 54.14
Top 5 Stocks (%) 33.16
Top 3 Sectors (%) 51.30
Portfolio P/B Ratio 4.04
Portfolio P/E Ratio 32.59

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,00,652 1,35,974
Giant (%) 48.36 52.12
Large (%) 3.76 17.19
Mid (%) 37.26 24.36
Small (%) 10.62 6.67
Tiny (%) -- 0.23

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 Reliance Industries Energy 28.21 10.14 0.00 9.00
down Honeywell Automation Capital Goods 85.20 10.11 6.65 6.65
equal HDFC Financial 17.58 9.67 5.82 6.02
up ICICI Bank Financial 19.67 5.81 1.65 5.81
equal Kotak Mahindra Bank Financial 30.23 6.95 3.84 5.68
down Pfizer Healthcare 33.05 9.52 4.79 4.79
down Bayer CropScience Chemicals 37.26 7.93 4.28 4.42
equal Glaxosmithkline Pharma Healthcare 15.15 5.73 3.77 4.04
equal Larsen & Toubro Construction 26.00 5.32 2.90 3.98
equal HDFC Bank Financial 19.17 3.94 2.49 3.75
equal Gillette Consumer Staples 63.74 7.48 3.21 3.52
up Infosys Technology 28.90 3.42 0.67 3.42
equal Fortis Healthcare Healthcare 34.28 3.12 0.00 2.89
equal Shree Cement Materials 32.36 3.01 1.74 2.65
equal Sundaram-Clayton Automobile 16.72 2.75 1.28 2.45
equal Shoppers Stop Ltd. Services -- 2.96 0.81 2.42
equal Kansai Nerolac Paints Materials 60.81 3.12 1.83 2.31
up Axis Bank Financial 14.24 2.30 0.20 2.30
equal Tata Consultancy Services Technology 32.96 2.08 1.18 1.99
equal Johnson Controls - Hitachi Air Conditioning India Consumer Discretionary 110.85 3.57 1.76 1.98
equal Biocon Healthcare 61.41 2.94 1.61 1.91
down Quess Corp Financial 88.11 2.16 0.00 1.53
equal Bata India Consumer Discretionary 326.25 1.70 1.04 1.44
equal State Bank of India Financial 11.79 1.39 0.00 1.39
equal ICRA Services 34.93 1.66 0.92 1.37

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 30-Apr-2022

Fund Manager

— Atul Penkar since 31-Dec-2021

Education: Mr.Penkar is a B.E. (Mechanical) and an MMS.

Experience: Prior to joining Aditya Birla Sun Life AMC, he was with Emkay Shares & Stock Brokers Ltd.

Interviews:

Funds Managed:

— Dhaval Gala since 01-Apr-2022

Education: Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.

Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).

Funds Managed:


0.18%

Change from previous, NAV as on 16-May-2022

IDCW: ₹ 144.6100

Growth: ₹ 36.7200


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

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

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 29-Mar-1996
Return Since Launch: 21.87%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 13,736 Cr (As on 30-Apr-2022)
Expense: 1.79% (As on 31-Mar-2022)
Risk Grade: Above Average
Return Grade: Low
Turnover: 18.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Feb-20229.2210

 25-Nov-20208.2200
 29-Nov-20199.3942
 30-Nov-20189.4739
 24-Nov-201717.1000
 25-Nov-20166.6200
 11-Mar-20166.5000
 13-Mar-20152.7500
 07-Feb-20143.0000
 08-Mar-20133.0000
 23-Mar-20121.5000
 31-Mar-20114.0000
 12-Mar-20107.0000
 31-Aug-20094.0000
 27-Jun-20085.0000
 25-Mar-200820.0000
 16-Mar-200750.0000
 19-Jan-200726.0000
 08-Dec-200625.0000
 27-Apr-200650.0000
 10-Mar-200410.0000
 05-May-200030.0000

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

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

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