Aditya Birla SL Tax Relief 96 Fund (Equity, Equity Elss)

Moderately High
23 yrs 10 monthsStarted on:29 Mar 1996
₹ 10029.2 Cras on: 16 Jan 2020
Long Term Horizon
Capital Appreciation

Minimum Investment

  • ₹ 500.00 for Lumpsum

Investment Objective

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.

Exit Load

Scheme Documents

Similar Funds
Tata India Tax Saving Fund
Current NAV 19.58
Return (CAGR) 18.84%
Value Research NA
Axis Long Term Equity Fund
Current NAV 50.25
Return (CAGR) 17.42%
Value Research
DSP Tax Saver Fund
Current NAV 52.64
Return (CAGR) 13.63%
Value Research
Kotak Tax Saver Fund
Current NAV 48.45
Return (CAGR) 11.79%
Value Research
Principal Tax Savings Fund
Current NAV 212.68
Return (CAGR) 15.80%
Value Research
IDFC Tax Advantage (ELSS) Fund
Current NAV 56.83
Return (CAGR) 17.01%
Value Research
ICICI Pru Long Term Equity (Tax Saving) Fund
Current NAV 400.96
Return (CAGR) 19.81%
Value Research
UTI Long Term Equity Fund
Current NAV 94.61
Return (CAGR) 14.37%
Value Research
Franklin India Taxshield Fund
Current NAV 587.87
Return (CAGR) 21.65%
Value Research
SBI Magnum Taxgain Fund
Current NAV 147.83
Return (CAGR) 15.96%
Value Research
HDFC Taxsaver Fund
Current NAV 526.5
Return (CAGR) 24.16%
Value Research
Baroda Pioneer ELSS 96 Fund
Current NAV 45.9
Return (CAGR) 11.93%
Value Research NA


TenureReturns (CAGR)
1 Month1.99
3 Month8.67
1 YR7.65
2 YR1.28
3 YR12.29

SIP Returns

TenureReturns (CAGR)
1 YR13.44
2 YR5.81
3 YR6.61
5 YR9.34
10 YR13.8


Company Name% Assets
Reliance Industries Ltd.9.1
Housing Development Finance Corpn. Ltd.8.47
Honeywell Automation India Ltd.7.96
Pfizer Ltd.7.09
Gillette India Ltd.5.77
Glaxosmithkline Pharmaceuticals Ltd.5.48
Kotak Mahindra Bank Ltd.4.41
Bayer CropScience Ltd.4.4
Larsen & Toubro Ltd.3.79
HDFC Bank Ltd.2.93

Top Sectoral Holdings

Sector Name% Assets
Cons Durable3.2


Portfolio turnover ratio2
Standard Deviation13.06%
Sharpe Ratio0.53

Ajay Garg

Mr. Garg is B.E (Electronics) and MBA (Finance).
Prior to joining Birla Sun Life AMC in 2003 he has worked with Birla Sun Life Securities Ltd.

Other Funds Managed by Ajay Garg