Capital growth with tax benefits

Mahesh Patil, CIO, Birla Sun Life Mutual Fund, talks about why the fund invests into companies which are reasonably valued while refraining from investing in high debt companies. What is the investment strategy for the fund? Birla Sun Life Tax Plan is an Open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years. The fund's primary objective is to achieve growth of capital with additional benefits of taxation u/s 80C. Some of the scheme attributes are as follows: Diversified & High Quality Portfolio - The fund has a well diversified portfolio with 50 stocks across 18 sectors. The fund strives to maintain its High Quality by investing in stocks which have superior return ratios and a strong balance sheet Bottom up stock picking is used to identify stocks which are a long term structural play and help in delivering significant alpha over the benchmark The fund follows a flexi cap strategy depending on the curr