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Aditya Birla Sun Life Tax Relief 96


1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.94 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 0.72 -0.62 -0.83 -0.14 5.17 10.40 6.58 12.01 8.79 15.44 11.89
S&P BSE 500 TRI 0.82 -0.40 -1.36 0.51 5.44 8.33 10.40 12.86 8.32 12.26 10.39
Equity: ELSS 1.08 -0.32 -1.03 1.04 4.76 8.81 10.69 10.88 7.58 13.14 11.37
Rank within category 24 34 16 32 14 11 28 13 8 3 11
Number of funds in category 38 38 38 38 37 36 35 34 30 28 27

As on 22-Jan-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 12.70 13.06 0.53 0.82 0.92 -0.43
S&P BSE 500 TRI 13.80 13.09 0.92 -- -- --
Equity: ELSS 12.04 13.32 0.48 0.70 0.95 -1.40
Rank within category 14 18 15 14 11 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-Dec-2019

Asset Allocation (%)

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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

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 22.32 9.35 2.33 9.10
equal HDFC Financial 34.55 8.47 1.50 8.47
equal Honeywell Automation Engineering 58.77 8.83 4.92 7.96
up Pfizer Healthcare 36.47 7.09 2.98 7.09
up Gillette FMCG 82.38 7.48 3.73 5.77
up Glaxosmithkline Pharma Healthcare 32.36 5.60 2.89 5.48
equal Kotak Mahindra Bank Financial 35.19 4.73 2.73 4.41
equal Bayer CropScience Healthcare 104.05 6.22 4.28 4.40
up Larsen & Toubro Construction 19.15 4.50 1.06 3.79
equal HDFC Bank Financial 25.96 2.94 1.38 2.93
equal IDFC First Bank Financial -- 3.17 0.00 2.81
up Kansai Nerolac Paints Chemicals 50.82 2.77 0.90 2.77
equal Shree Cement Construction 64.27 2.75 1.11 2.66
equal Johnson Controls - Hitachi Air Conditioning India Cons Durable 66.00 5.19 2.38 2.43
equal Biocon Healthcare 41.39 3.49 1.61 2.13
equal Shopper's Stop Services 68.92 3.75 1.91 2.03
equal ICICI Bank Financial 66.46 1.98 1.12 1.98
up Tata Consultancy Services Technology 25.39 1.91 1.04 1.86
equal Sundaram-Clayton Automobile 43.69 9.79 1.81 1.83
new Quess Corp Financial 33.68 1.65 0.00 1.65
equal Bata India FMCG 63.66 1.70 0.90 1.58
equal MRF Automobile 27.90 3.31 1.13 1.40
equal ICRA Financial 30.74 4.03 1.14 1.32
equal Indusind Bank Financial 20.51 2.46 1.12 1.26
equal Bosch Automobile 39.04 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


0.78%

Change from previous, NAV as on 23-Jan-2020

Dividend: ₹ 144.3500

Growth: ₹ 32.7100


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: 29-Mar-1996
Return Since Launch: 23.59%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 10,029 Cr (As on 31-Dec-2019)
Expense: 2.01% (As on 31-Dec-2019)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 2.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend29-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

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