Equity
Direct
Elss (Tax Savings)
NAV as on 12-12-2024
₹ 65.87
1D
Inception Returns
15.3%
/yr
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.
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.
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
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 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
Expense ratio | 0.98% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹15895 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 32.3% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (12-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
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% |
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 |
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 |
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 |
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 |