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Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
₹62.29-0.76%1D
Returns (Since Inception)
14.88%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹15,895 Cr
Expense Ratio
0.98%
ISIN
INF209K01UN8
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Aditya Birla SL Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹62.29, Assets Under Management (AUM) of 15895.16 Crores, and an expense ratio of 0.98%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹62.29, Assets Under Management (AUM) of 15895.16 Crores, and an expense ratio of 0.98%.
- Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth has given a CAGR return of 14.88% since inception.
- The fund's asset allocation comprises around 99.30% in equities, 0.00% in debts, and 0.70% in cash & cash equivalents.
- You can start investing in Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+24.38%
+27.83% (Cat Avg.)
3 Years
+10.09%
+14.94% (Cat Avg.)
5 Years
+12.86%
+19.25% (Cat Avg.)
10 Years
+12.14%
+13.87% (Cat Avg.)
Since Inception
+14.88%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹15,783.33 Cr | 99.30% |
| Others | ₹111.83 Cr | 0.70% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹1,180.83 Cr | 7.43% |
| HDFC Bank Ltd | Equity | ₹887.9 Cr | 5.59% |
| Infosys Ltd | Equity | ₹778.71 Cr | 4.90% |
| Larsen & Toubro Ltd | Equity | ₹759.14 Cr | 4.78% |
| Reliance Industries Ltd | Equity | ₹748.67 Cr | 4.71% |
| Fortis Healthcare Ltd | Equity | ₹522.26 Cr | 3.29% |
| Bharti Airtel Ltd | Equity | ₹507.37 Cr | 3.19% |
| State Bank of India | Equity | ₹396.03 Cr | 2.49% |
| Axis Bank Ltd | Equity | ₹392.94 Cr | 2.47% |
| TVS Holdings Ltd | Equity | ₹377.55 Cr | 2.38% |
| Honeywell Automation India Ltd | Equity | ₹368.87 Cr | 2.32% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹364.58 Cr | 2.29% |
| Mahindra & Mahindra Ltd | Equity | ₹323.24 Cr | 2.03% |
| Gillette India Ltd | Equity | ₹304.8 Cr | 1.92% |
| Bayer CropScience Ltd | Equity | ₹272.04 Cr | 1.71% |
| Maruti Suzuki India Ltd | Equity | ₹266.31 Cr | 1.68% |
| Oil & Natural Gas Corp Ltd | Equity | ₹256.83 Cr | 1.62% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹251.78 Cr | 1.58% |
| NTPC Ltd | Equity | ₹231.48 Cr | 1.46% |
| Samvardhana Motherson International Ltd | Equity | ₹216.45 Cr | 1.36% |
| ITC Ltd | Equity | ₹208.99 Cr | 1.31% |
| Zomato Ltd | Equity | ₹206.2 Cr | 1.30% |
| Thomas Cook India Ltd | Equity | ₹205.62 Cr | 1.29% |
| Johnson Controls - Hitachi Air Conditioning India Ltd | Equity | ₹204.8 Cr | 1.29% |
| Tata Motors Ltd | Equity | ₹201.23 Cr | 1.27% |
| Aditya Birla Real Estate Ltd | Equity | ₹195.84 Cr | 1.23% |
| Ambuja Cements Ltd | Equity | ₹193.83 Cr | 1.22% |
| Cipla Ltd | Equity | ₹193.28 Cr | 1.22% |
| InterGlobe Aviation Ltd | Equity | ₹180.41 Cr | 1.13% |
| Bajaj Finance Ltd | Equity | ₹177.33 Cr | 1.12% |
| Voltas Ltd | Equity | ₹174.98 Cr | 1.10% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹171.46 Cr | 1.08% |
| Hindustan Petroleum Corp Ltd | Equity | ₹171.41 Cr | 1.08% |
| Jindal Steel & Power Ltd | Equity | ₹169.33 Cr | 1.07% |
| Shriram Finance Ltd | Equity | ₹164.79 Cr | 1.04% |
| AU Small Finance Bank Ltd | Equity | ₹156.8 Cr | 0.99% |
| IndusInd Bank Ltd | Equity | ₹156.24 Cr | 0.98% |
| Tata Consultancy Services Ltd | Equity | ₹156.11 Cr | 0.98% |
| Titan Co Ltd | Equity | ₹153.93 Cr | 0.97% |
| Shoppers Stop Ltd | Equity | ₹151.85 Cr | 0.96% |
| Vedanta Ltd | Equity | ₹151.29 Cr | 0.95% |
| REC Ltd | Equity | ₹148.94 Cr | 0.94% |
| Coforge Ltd | Equity | ₹145.94 Cr | 0.92% |
| FSN E-Commerce Ventures Ltd | Equity | ₹145.41 Cr | 0.91% |
| Container Corporation of India Ltd | Equity | ₹140.78 Cr | 0.89% |
| Torrent Pharmaceuticals Ltd | Equity | ₹137.05 Cr | 0.86% |
| Hindalco Industries Ltd | Equity | ₹128.37 Cr | 0.81% |
| Max Financial Services Ltd | Equity | ₹121.03 Cr | 0.76% |
| Phoenix Mills Ltd | Equity | ₹119.59 Cr | 0.75% |
| Bosch Ltd | Equity | ₹115.16 Cr | 0.72% |
| Navin Fluorine International Ltd | Equity | ₹111.4 Cr | 0.70% |
| ICRA Ltd | Equity | ₹109.07 Cr | 0.69% |
| SBI Life Insurance Co Ltd | Equity | ₹104.19 Cr | 0.66% |
| Whirlpool of India Ltd | Equity | ₹103.44 Cr | 0.65% |
| Avenue Supermarts Ltd | Equity | ₹101.58 Cr | 0.64% |
| United Spirits Ltd | Equity | ₹95.18 Cr | 0.60% |
| Prestige Estates Projects Ltd | Equity | ₹92.11 Cr | 0.58% |
| Shree Cement Ltd | Equity | ₹91.43 Cr | 0.58% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹85.59 Cr | 0.54% |
| Chalet Hotels Ltd | Equity | ₹84.83 Cr | 0.53% |
| Devyani International Ltd | Equity | ₹81.84 Cr | 0.51% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹77.9 Cr | 0.49% |
| Godrej Consumer Products Ltd | Equity | ₹76.99 Cr | 0.48% |
| SRF Ltd | Equity | ₹72.85 Cr | 0.46% |
| Reverse Repo | Cash - Repurchase Agreement | ₹64.59 Cr | 0.41% |
| Emcure Pharmaceuticals Ltd | Equity | ₹60.18 Cr | 0.38% |
| Clearing Corporation Of India Limited | Cash - Repurchase Agreement | ₹50.77 Cr | 0.32% |
| Hyundai Motor India Ltd | Equity | ₹37.01 Cr | 0.23% |
| Marathon Nextgen Realty Ltd | Equity | ₹23.52 Cr | 0.15% |
| Aditya Birla Capital Ltd | Equity | ₹16.85 Cr | 0.11% |
| Net Receivables / (Payables) | Cash | ₹-3.53 Cr | 0.02% |
| Waaree Energies Ltd | Equity | ₹1.6 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
67.91%
Mid Cap Stocks
16.76%
Small Cap Stocks
14.01%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹4,269.99 Cr | 26.86% |
| Consumer Cyclical | ₹2,874.86 Cr | 18.09% |
| Industrials | ₹1,702.08 Cr | 10.71% |
| Healthcare | ₹1,529.13 Cr | 9.62% |
| Basic Materials | ₹1,386.38 Cr | 8.72% |
| Energy | ₹1,176.91 Cr | 7.40% |
| Technology | ₹1,082.36 Cr | 6.81% |
| Consumer Defensive | ₹787.54 Cr | 4.95% |
| Communication Services | ₹507.37 Cr | 3.19% |
| Real Estate | ₹235.22 Cr | 1.48% |
| Utilities | ₹231.48 Cr | 1.46% |
Risk & Performance Ratios
Standard Deviation
This fund
12.90%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.50
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
DS
Dhaval Shah
Since October 2024
Dhaval Joshi
Since November 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF209K01UN8 | Expense Ratio 0.98% | Exit Load No Charges | Fund Size ₹15,895 Cr | Age 11 years 10 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4680.10 Cr | 27.8% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4680.10 Cr | 26.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36533.13 Cr | 23.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4273.94 Cr | 25.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹54.03 Cr | 22.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.03 Cr | 20.8% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹388.48 Cr | 29.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1559.54 Cr | 17.6% |
About the AMC
Aditya Birla SL Mutual Fund
Total AUM
₹3,93,523 Cr
Address
One World Centre, Tower 1, 17th Floor, Mumbai, 400 013
Other Funds by Aditya Birla SL Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth?
The NAV of Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth, as of 21-Nov-2024, is ₹62.29.
What are the returns of Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth?
The fund has generated 24.38% over the last 1 year and 10.09% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth?
The fund's allocation of assets is distributed as 99.30% in equities, 0.00% in bonds, and 0.70% in cash and cash equivalents.
Who manages the Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth?
The fund managers responsible for Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth are:-
- Dhaval Shah
- Dhaval Joshi
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.