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
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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TenureReturns (CAGR)
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


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
Cons Durable3.71


Portfolio turnover ratio3
Standard Deviation12.95%
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