Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 57.67 as on 23-04-2024
Fund Performance
7310 people have invested ₹ 5.1Cr in Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 1 month, this fund has increased expense ratio by 2.2% moving from 0.93 to 0.95.
In the last 3 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 32.74% return, outperforming this fund by 19.95% per annum.
In the last 1 year, Quant ELSS Tax Saver Growth Option Direct Plan has given 63.72% return, outperforming this fund by 28.31%.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.95% return, outperforming this fund by 22.43% per annum.
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%.
INDmoney Rank of Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
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23
/23
13% 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
About the Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth
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
- Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth has ₹14976 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth Overview
 | 0.95% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹14976 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 25.73% |
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
69.7%
Mid cap
18.7%
Small cap
9.4%
Sector Allocation
Financial Services
25.3%
Consumer Cyclical
17.9%
Industrial
12.5%
Energy
8.9%
Basic Materials
8.3%
Health
8.2%
Tech
7.2%
Consumer Defensive
6.1%
Communication
3.4%
Utilities
1.3%
Real Estate
1%
Top Holdings of Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth as on (31-Mar-24)
Equity Holdings65
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.38% | 0% | |
 Reliance Industries Ltd | 6.27% | 0% | |
 HDFC Bank Ltd | 5.58% | 0% | |
 Larsen & Toubro Ltd | 5.27% | 0% | |
 Infosys Ltd | 4.96% | -4.3% |
See all
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.91% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.38% in Mar'24
AUM Change
- AUM of the fund stands at 15K Cr as of Mar'24
- AUM decreased by 30.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 18.7% |
 Bharti Airtel Ltd | 4.9% |
 Larsen & Toubro Ltd | 4% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 TVS Holdings Ltd | -1.7% |
 Container Corporation Of India Ltd | 9.8% |
Peer Analysis
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth Fund Manager
Dhaval Gala
Fund Manager of Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth, since 1 April 2022
Top funds managed
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.92% since inception which is less than its category average return of 15.65%
Fund Allocations
This fund has an allocation of 97.74% in Equity, 0% in Debt and 2.26% in Cash related instruments
AUM size ₹14976 Cr
This fund has AUM of ₹14976 Cr which is more than its category average of ₹ 3525 Cr
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 ₹57.67 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Aditya Birla Sun Life ELSS Tax Saver Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.69% | 3.69% |
6 Month Returns | 19.37% | 19.37% |
1 Year Returns | 35.41% | 35.41% |
3 Years Returns | 43.49% | 12.79% |
5 Years Returns | 72.51% | 11.52% |
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0.95% as on March 2024
₹14976 Cr as on March 2024
ICICI Bank Ltd(6.38%), Reliance Industries Ltd(6.27%), HDFC Bank Ltd(5.58%), Larsen & Toubro Ltd(5.27%), Infosys Ltd(4.96%) as on March 2024
Financial Services(24.73%), Consumer Cyclical(17.47%), Industrial(12.18%) as on March 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 | -2.41 | -5.82 | -4.23 |
As on March 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 | 0.9 | 0.85 | 0.86 |
As on March 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 | 2.34 | 0.47 | 0.4 |
As on March 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 | 9.86 | 11.67 | 16.93 |
As on March 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 0.76 as on March 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%