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

Moderately High
24 yrs 1 monthsStarted on:29 Mar 1996
₹ 10072.72 Cras on: 03 Apr 2020
Long Term Horizon
1.71%
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
Motilal Oswal Long Term Equity Fund
Current NAV 12.68
Return (CAGR) 4.67%
Value Research
Axis Long Term Equity Fund
Current NAV 36.26
Return (CAGR) 13.36%
Value Research
DSP Tax Saver Fund
Current NAV 34.97
Return (CAGR) 9.94%
Value Research
Tata India Tax Saving Fund
Current NAV 13.02
Return (CAGR) 16.66%
Value Research NA
Kotak Tax Saver Fund
Current NAV 32.6
Return (CAGR) 8.57%
Value Research
Principal Tax Savings Fund
Current NAV 144.69
Return (CAGR) 13.81%
Value Research
Mirae Asset Tax Saver Fund
Current NAV 12.97
Return (CAGR) 6.28%
Value Research
ICICI Pru Long Term Equity (Tax Saving) Fund
Current NAV 264.35
Return (CAGR) 17.20%
Value Research
UTI Long Term Equity Fund
Current NAV 64.85
Return (CAGR) 12.10%
Value Research
SBI Magnum Taxgain Fund
Current NAV 100.87
Return (CAGR) 14.20%
Value Research
IDFC Tax Advantage (ELSS) Fund
Current NAV 35.6
Return (CAGR) 11.92%
Value Research
Franklin India Taxshield Fund
Current NAV 370.49
Return (CAGR) 18.77%
Value Research

Tenure

TenureReturns (CAGR)

SIP Returns

TenureReturns (CAGR)
10 YR7.24

Portfolio

Company Name% Assets
Honeywell Automation India Ltd.9.95
Reliance Industries Ltd.8.26
Housing Development Finance Corpn. Ltd.7.61
Pfizer Ltd.7.12
Bayer CropScience Ltd.5.39
Gillette India Ltd.5.09
Kotak Mahindra Bank Ltd.4.77
Glaxosmithkline Pharmaceuticals Ltd.4.6
Johnson Controls - Hitachi Air Conditioning India Ltd.3.57
Larsen & Toubro Ltd.3.57

Top Sectoral Holdings

Sector Name% Assets
Financial24.75
Healthcare20.45
Engineering10.18
FMCG8.7
Energy8.26
Construction7.64
Automobile4.86
Cons Durable4.38
Services3.03
Chemicals2.89

Indicators

LabelValue
Portfolio turnover ratio4
Standard Deviation17.71%
Beta0.89%

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