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Fincash » Mutual Funds » Aditya Birla Sun Life Tax Relief 96

Aditya Birla Sun Life Tax Relief '96 - G

NAV  ₹59.34 ↑ 0.07  (0.12 %) as on 16 Jul 24

Scheme Objective

An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities

Aditya Birla Sun Life Tax Relief '96 is a Equity - ELSS fund launched on 6 Mar 08. It is a fund with Moderately High risk and has given a CAGR return of 11.5% since its launch.  Ranked 4 in ELSS category.  Return for 2023 was 18.9% , 2022 was -1.4% and 2021 was 12.7% .

Below is the key information for Aditya Birla Sun Life Tax Relief '96

NAV as on 16 Jul 24₹59.34 ↑ 0.07  (0.12 %)
Net Assets (AUM) as on 31 May 2024 ₹15,481 Cr.
Launch Date6 Mar 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCBirla Sun Life Asset Management Co Ltd
Alpha Ratio-0.39
Expense Ratio1.75 %
Sharpe Ratio2.163
Information Ratio-2.03
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Jul 24

DurationReturns
1 Month 4.2%
3 Month 15.4%
6 Month 18.6%
1 Year 35.1%
3 Year 13.3%
5 Year 14.5%
10 Year
15 Year
Since launch 11.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 18.9%
2022 -1.4%
2021 12.7%
2020 15.2%
2019 4.3%
2018 -4.5%
2017 43.2%
2016 3.4%
2015 9.2%

Growth of 10k Over Years

DateValue
30 Jun 19₹10,000
30 Jun 20₹9,513
30 Jun 21₹12,885
30 Jun 22₹11,901
30 Jun 23₹13,875
30 Jun 24₹18,683
Aditya Birla Sun Life Tax Relief '96 Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.44%
Equity98.56%
Aditya Birla Sun Life Tax Relief '96 Asset Allocation

Sector Allocation

SectorValue
Financial Services25.26%
Consumer Cyclical18.63%
Industrials12.76%
Energy8.14%
Health Care7.92%
Basic Materials7.78%
Technology6.45%
Consumer Defensive5.95%
Communication Services3.57%
Utility1.32%
Real Estate0.79%
Aditya Birla Sun Life Tax Relief '96 Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional7%₹1,024 Cr9,137,798
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
Oil & Gas Refining & Marketing6%₹875 Cr3,060,213
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
Banks - Regional5%₹845 Cr5,515,495
↓ -260,500
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
Engineering & Construction5%₹769 Cr2,095,752
Infosys Ltd (Technology)
Equity, Since 30 Jun 08 | INFY
Information Technology Services5%₹697 Cr4,956,429
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 22 | BHARTIARTL
Telecom Services4%₹552 Cr4,023,420
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | HONAUT
Electrical Equipment & Parts3%₹506 Cr98,404
Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Jan 20 | 532843
Medical Care Facilities3%₹397 Cr8,360,144
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 08 | 532215
Banks - Regional3%₹394 Cr3,388,737
TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 520056
Auto Parts2%₹372 Cr322,882
↓ -12,374
1 - 10 of 67
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Fund Managers

NameSinceTenure
Atul Penkar31 Dec 212.42 Yr.
Dhaval Gala1 Apr 222.17 Yr.
Dhaval Joshi21 Nov 221.53 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Aditya Birla Sun Life Mutual FundOne India Bulls Centre , Tower 1,,17th Floor, Jupiter Mill Compound,,841, Senapati Bapat Marg,,Elphinstone Road,

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Aditya Birla Sun Life Tax Relief '96
Normal Dividend, Payout
₹208.5
↑ 0.25
17.98 %34.45 %13.01 %14.14 %
Aditya Birla Sun Life Tax Relief '96
Growth
₹59.34
↑ 0.07
18.59 %35.14 %13.26 %14.49 %
Data as on 16 Jul 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.