Aditya Birla Sun Life Tax Relief 96 Direct Plan Growth - Regular - Latest NAV [ ₹44.06 ], Returns, Performance, Portfolio & Returns 2021

Aditya Birla Sun Life Tax Relief 96 Direct Plan Growth

  • highlight
    13.01%
  • highlight
    (+0.07)44.06

Min amount: ₹500

Calculate Returns

20 yrs
Rs. 500 invested monthly becomes Rs. 5.74 Lakhs in a period of 20 years
  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%Not taxable10%*
Returns after tax i
4.2%8.00%10.80%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%4.00%6.80%
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years13.01%
3 Years9.59%
1 Year34.53%
6 Months10.09%
Fund Details
ISININF209K01UN8
RiskVery High Risk
Fund TypeELSS (Tax Savings)
NAV44.06
Exit Load--

More about this fundstar

Top HoldingsWeightage
Housing Development Finance Corp Ltd8.42%
Honeywell Automation India Ltd8.07%
Pfizer Ltd Shs Dematerialised7.63%
Reliance Industries Limited6.89%
Bayer CropScience Ltd6.36%
Kotak Mahindra Bank Ltd5.61%
Larsen & Toubro Ltd Shs Dematerialised4.23%
GlaxoSmithKline Pharmaceuticals Ltd4.04%
ICICI Bank Ltd4.04%
Gillette India Ltd Shs Dematerialised3.8%

About Aditya Birla Sun Life Tax Relief 96 Fund - Direct Plan - Growth

This is an open-ended equity-linked saving scheme (ELSS) that aims to generate long-term capital growth by investing 80% of the assets in equity and the remaining 20% in debt and money market instruments.

Pros and Cons of Aditya Birla Sun Life Tax Relief 96 Fund - Direct Plan - Growth

Exit load for the fund is zero. The three-year and five-year returns for the fund are higher than the category average returns.

Fund Information and Statistics

i) Inception/Launch Date

The fund scheme was rolled out on 30 December 1995.

ii) Risk Level

A moderately high risk is associated with the fund scheme since it predominantly invests in equity instruments.

iii) Redemption

The fund comes with a lock-in period of three years as prescribed by Section 80C of the Income Tax Act, 1961.

iv) Fund Manager

Mr Ajay Garg is the current Fund Manager.

v) Entry/Exit Load

There is no entry and exit load applicable.

About Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund was set up on 23 December 1994 and got registered with SEBI on 4 December 2009. The fund house has Aditya Birla Nuvo Limited and Sun Life (India) AMC Investments Inc. as sponsors. Whereas, Aditya Birla Sun Life Trustee Company Private Limited is the trustee company. It offers about 154 folios to the customers.

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Min amount: ₹500

Calculate Returns

20 yrs
Rs. 500 invested monthly becomes Rs. 5.74 Lakhs in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns