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

Moderately High
23 yrs 12 monthsStarted on:29 Mar 1996
₹ 10308.05 Cras on: 20 Feb 2020
Long Term Horizon
2.00%
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 19.52
Return (CAGR) 14.06%
Value Research
Axis Long Term Equity Fund
Current NAV 51.84
Return (CAGR) 17.60%
Value Research
DSP Tax Saver Fund
Current NAV 52.63
Return (CAGR) 13.52%
Value Research
Tata India Tax Saving Fund
Current NAV 19.55
Return (CAGR) 18.75%
Value Research NA
Kotak Tax Saver Fund
Current NAV 48.94
Return (CAGR) 11.79%
Value Research
Principal Tax Savings Fund
Current NAV 210.89
Return (CAGR) 15.69%
Value Research
IDFC Tax Advantage (ELSS) Fund
Current NAV 56.89
Return (CAGR) 16.86%
Value Research
UTI Long Term Equity Fund
Current NAV 95.53
Return (CAGR) 14.35%
Value Research
ICICI Pru Long Term Equity (Tax Saving) Fund
Current NAV 391.9
Return (CAGR) 19.57%
Value Research
Franklin India Taxshield Fund
Current NAV 579.44
Return (CAGR) 21.46%
Value Research
SBI Magnum Taxgain Fund
Current NAV 146.35
Return (CAGR) 15.86%
Value Research
HDFC Taxsaver Fund
Current NAV 508.13
Return (CAGR) 23.87%
Value Research

Tenure

TenureReturns (CAGR)
YTD2.69
1 Month1.35
3 Month3.53
1 YR12.20
2 YR3.88
3 YR11.05

SIP Returns

TenureReturns (CAGR)
1 YR13.36
2 YR6.35
3 YR6.36
5 YR9.28
10 YR13.72

Portfolio

Company Name% Assets
Reliance Industries Ltd.8.26
Housing Development Finance Corpn. Ltd.8.25
Honeywell Automation India Ltd.7.94
Pfizer Ltd.6.86
Glaxosmithkline Pharmaceuticals Ltd.5.73
Gillette India Ltd.5.33
Bayer CropScience Ltd.4.97
Kotak Mahindra Bank Ltd.4.31
Larsen & Toubro Ltd.4.02
Johnson Controls - Hitachi Air Conditioning India Ltd.2.97

Top Sectoral Holdings

Sector Name% Assets
Financial25.91
Healthcare20.53
FMCG8.91
Energy8.26
Engineering8.19
Construction8.13
Automobile5.26
Cons Durable3.71
Services3.31
Chemicals2.76

Indicators

LabelValue
Portfolio turnover ratio3
Standard Deviation12.95%
Beta0.93%
Sharpe Ratio0.47

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