Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth

Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 59.22 as on 17-05-2024

About the Fund

Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhaval Gala. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth has ₹15384 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 1.
Fund Performance
zero opening, trading, fund transfer fee
6762 people have invested ₹ 4.4Cr in Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.95%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹15384 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
25.73%

Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth Distribution as on (30-Apr-24)

  • Equity 98.9%

  • Debt & Cash 1.1%

Size breakup

Large cap
69.1%
Mid cap
19.6%
Small cap
10.2%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
25.7%
Consumer Cyclical
18.6%
Industrial
12.6%
Basic Materials
8.9%
Energy
8.5%
Health
7.3%
Tech
6.6%
Consumer Defensive
6%
Communication
3.5%
Utilities
1.4%
Real Estate
1.1%

Top Holdings of Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth as on (30-Apr-24)

  • Equity

Equity Holdings65

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
4.02%
0.91%
1.69%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 4.02% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 1.56% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 15K Cr
₹ 15K Cr
₹ 15K Cr
  • AUM of the fund stands at 15K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 3 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 29.16% return, outperforming this fund by 16.2% per annum.
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This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.95% which is lower than the category average expense ratio of 1.29%.
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In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 35.72% return, outperforming this fund by 22.71% per annum.
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Over the last 1 year, this fund has increased expense ratio by 3.3% moving from 0.92 to 0.95.
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In the last 1 year, Quant ELSS Tax Saver Growth Option Direct Plan has given 60.59% return, outperforming this fund by 27.15%.
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Over the last 1 month, this fund has experienced a 2.7% growth in AUM moving from 14.97K Cr to 15.38K Cr.

INDmoney Rank

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23
/23
14% Performance
29% Risk Management
31% Cost
23 out of 23 among elss (tax savings)

Pros

Lower volatility within category
Larger AUM within category
Beats FD returns for both 3Y & 5Y

Cons

Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk

Fund Manager

Dhaval Gala
Dhaval Gala
Fund Manager of Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth, since 1 April 2022

Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.09% since inception which is less than its category average return of 15.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.88% in Equity, 0% in Debt and 1.12% in Cash related instruments
AUM size ₹15384 Cr

AUM size ₹15384 Cr

This fund has AUM of ₹15384 Cr which is more than its category average of ₹ 3661 Cr
Expense Ratio 0.95%

Expense Ratio 0.95%

This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth is ₹59.22 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.15%
4.15%
6 Month Returns
18.61%
18.61%
1 Year Returns
33.44%
33.44%
3 Years Returns
44.16%
12.97%
5 Years Returns
84.31%
13.01%
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0.95% as on April 2024
₹15384 Cr as on April 2024
ICICI Bank Ltd(6.83%), Reliance Industries Ltd(5.84%), HDFC Bank Ltd(5.71%), Larsen & Toubro Ltd(4.9%), Infosys Ltd(4.58%) as on April 2024
Financial Services(25.44%), Consumer Cyclical(18.43%), Industrial(12.42%) as on April 2024
The alpha ratio for the Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
-1.19
-4.77
-3.96
As on April 2024
The alpha for Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
0.93
0.85
0.86
As on April 2024
The Beta for Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
2.42
0.63
0.45
As on April 2024
The sharpe ratio for Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
9.97
11.68
16.97
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.04 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Dhaval Gala is the fund manager of Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
The Exit load of Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth is 0%