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
2.01%
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

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Tenure

TenureReturns (CAGR)
YTD2.05
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

Portfolio

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
Financial26.86
Healthcare19.27
FMCG9.4
Energy9.1
Engineering8.21
Construction7.58
Automobile5.65
Services3.29
Cons Durable3.2
Chemicals2.77

Indicators

LabelValue
Portfolio turnover ratio2
Standard Deviation13.06%
Beta0.93%
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