Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth

Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth

Equity

Direct

Elss (Tax Savings)

NAV as on 12-12-2024

₹ 65.87

-0.4%

1D

Inception Returns

15.3%

/yr

About Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth

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

Key Parameters

  1. Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth has ₹15895 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth has given a CAGR return of 15.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.07%, 12.73% and 14.12% respectively.

Holdings

Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Basic Materials, Tech, Energy, Consumer Defensive, Communication, Real Estate, Utilities. Its top holdings are ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd, Reliance Industries Ltd, HDFC Bank Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth of 3 Years

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
6675 people have invested ₹ 4.3Cr in Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth in the last three months

INDmoney Rank for Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth

Powered by IND quant engine
23
/23
5% Performance
40% Risk Management
58% Cost
23 out of 23 among elss (tax savings)
img
Larger AUM within category
img
Beats FD returns for both 3Y & 5Y
img
Has not generated consistent returns
img
Does not beat the benchmark consistently
img
Higher probablity of downside risk

Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth Overview

Expense ratio0.98%
Benchmark
S&P BSE 200 India TR INR
AUM₹15895 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
32.3%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (12-Dec-24)

Period
Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth
Nifty 500
elss (tax savings)
1M
3.4%
4.1%
4.3%
3M
-3.6%
-2.7%
-1.4%
6M
5.7%
5.9%
8.1%
1Y
26.1%
24.5%
28.3%
3Y
12.7%
15.3%
17.6%
5Y
14.1%
19.1%
20.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 96.8%

  • Debt & Cash 3.2%

Large cap
65.2%

Mid cap
16.2%

Small cap
13.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
27.1%
Consumer Cyclical
18.2%
Industrial
10.8%
Health
9.7%
Basic Materials
8.8%
Energy
7.5%
Tech
6.9%
Consumer Defensive
5%
Communication
3.2%
Real Estate
1.5%
Utilities
1.5%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.44%
2.53%
1.03%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -6.44% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.08% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 15.9K Cr
₹ 17.1K Cr
₹ 16.8K Cr
  • AUM of the fund stands at 15.9K Cr as of Oct'24
  • AUM decreased by 1.2K Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 6.8% to 7.43%
ICICI Bank Ltd's allocation increased from 6.8% to 7.43%
HDFC Bank Ltd's allocation increased from 5.18% to 5.59%
HDFC Bank Ltd's allocation increased from 5.18% to 5.59%
Torrent Pharmaceuticals Ltd's allocation increased from 0.5% to 0.86%
Torrent Pharmaceuticals Ltd's allocation increased from 0.5% to 0.86%
Top Stocks sold last month
TVS Holdings Ltd's allocation decreased from 2.53 % to 2.38 %
TVS Holdings Ltd's allocation decreased from 2.53 % to 2.38 %
Mahindra & Mahindra Ltd's allocation decreased from 2.14 % to 2.03 %
Mahindra & Mahindra Ltd's allocation decreased from 2.14 % to 2.03 %
Gillette India Ltd's allocation decreased from 2.03 % to 1.92 %
Gillette India Ltd's allocation decreased from 2.03 % to 1.92 %
Large Cap allocation has gone up from 67% to 67.9%
Large Cap allocation has gone up from 67% to 67.9%
Small Cap allocation has gone down from 14.4% to 14%
Small Cap allocation has gone down from 14.4% to 14%
Mid Cap allocation has gone down from 17.2% to 16.8%
Mid Cap allocation has gone down from 17.2% to 16.8%
Cash allocation has gone down from 1.1% to 0.7%
Cash allocation has gone down from 1.1% to 0.7%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial

Oct'24
Financial Services
27%
Consumer Cyclical
18%
Industrial
11%
Sep'24
Financial Services
27%
Consumer Cyclical
19%
Industrial
11%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
72
68
68
Top 5 Company Concentration
27.4%
25.9%
27%
Company having highest exposure
ICICI Bank Ltd (7.4%)
ICICI Bank Ltd (6.8%)
ICICI Bank Ltd (6.7%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
74.5%
74.7%
73.6%
Sector having highest exposure
Financial Services (27.1%)
Financial Services (26.7%)
Financial Services (25.8%)
Loading...
We are taking more time than usual
Dhaval Shah
Dhaval Shah
Fund Manager of Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth, since 31 October 2024
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.89L Cr
as on 31-Oct-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Mutual Fund Insights

Insights icon
In the last 3 years, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 29.41% return, outperforming this fund by 16.68% per annum.
Insights icon
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.71% return, outperforming this fund by 19.59% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.98% which is lower than the category average expense ratio of 1.28%.
Insights icon
Over the last 3 months, this fund has increased expense ratio by 10.1% moving from 0.89 to 0.98.
Insights icon
In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 58.9% return, outperforming this fund by 32.83%.
Insights icon
Over the last 3 months, this fund has experienced a 5.6% drop in AUM moving from 16.83K Cr to 15.89K Cr.

Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth Highlights

Risk meter
pointer

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 15.35% since inception which is less than its category average return of 16.13%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.77% in Equity, 0% in Debt and 3.23% in Cash related instruments
AUM size ₹15895 Cr

AUM size ₹15895 Cr

This fund has AUM of ₹15895 Cr which is more than its category average of ₹ 3989 Cr
Expense Ratio 0.98%

Expense Ratio 0.98%

This fund has an expense ratio of 0.98% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions for Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth

The current NAV of Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth is ₹65.87 as on 12-Dec-2024.
Existing (Absolute + CAGR) as on 12-Dec-2024.
Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.42%
3.42%
6 Month Returns
5.73%
5.73%
1 Year Returns
26.07%
26.07%
3 Years Returns
43.26%
12.73%
5 Years Returns
93.56%
14.12%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.98% as on November 2024
₹15895 Cr as on November 2024
ICICI Bank Ltd(7.54%), Infosys Ltd(5.23%), Larsen & Toubro Ltd(4.96%), Reliance Industries Ltd(4.61%), HDFC Bank Ltd(4.47%) as on November 2024
Financial Services(24.5%), Consumer Cyclical(16.85%), Industrial(10.39%) as on November 2024
The alpha ratio for the Aditya Birla Sun Life ELSS Tax Saver Fund Direct 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 Fund Direct Growth
0.52
-3.04
-3.69
As on November 2024
The alpha for Aditya Birla Sun Life ELSS Tax Saver Fund Direct 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 Fund Direct 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 Fund Direct Growth
0.94
0.93
0.86
As on November 2024
The Beta for Aditya Birla Sun Life ELSS Tax Saver Fund Direct 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 Fund Direct 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 Fund Direct Growth
1.46
0.53
0.52
As on November 2024
The sharpe ratio for Aditya Birla Sun Life ELSS Tax Saver Fund Direct 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 Fund Direct 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 Fund Direct Growth
12.19
12.83
16.97
As on November 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 0.84 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Dhaval Shah is the fund manager of Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth
The Exit load of Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth is 0%