Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl
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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 301.9 as on 03-02-2023
Fund Performance
Fund Performance as on (19-Jan-23)
About the Fund
Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhaval Gala, Atul Penkar. The fund could potentially beat inflation in the long-run.
Key parameters
1) Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl has a NAV of ₹301.94 as on 03-02-2023.
2) Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl has ₹13728 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.
3) The fund has an expense ratio 0.96 %.
Fund Overview
Expense ratio | 0.96% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹13728 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹0 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 17.8% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
57.9%
Mid cap
29%
Small cap
11.7%
Sector Allocation
Financial Services
33.9%
Consumer Cyclical
15.6%
Industrial
13.3%
Health
10.6%
Basic Materials
9%
Tech
7.4%
Consumer Defensive
4.7%
Energy
4.6%
Communication
0.9%
Top Holdings as on (31-Dec-22)
Equity Holdings51
Debt Holdings2
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
ICICI Bank Ltd | 7.79% | 0% | |
Housing Development Finance Corp Ltd | 5.88% | 0% | |
Honeywell Automation India Ltd | 5.79% | 0% | |
Infosys Ltd | 5.44% | 3.1% | |
HDFC Bank Ltd | 5.4% | 0% |
See all
What changed
in last one month
AUM decreased by 474.4 Cr in last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 13.7K Cr
Nov'22
₹ 14.2K Cr
Oct'22
₹ 13.9K Cr
Fund Returns vs Benchmark
Jan'23
3.16%
5.37%
Dec'22
2.92%
2.63%
Nov'22
3.16%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Bayer CropScience Ltd | 7.2% |
ICRA Ltd | 4.6% |
Axis Bank Ltd | 3.3% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
Reliance Industries Ltd | -6.5% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Fund Manager
Dhaval Gala
Fund Manager of Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl, since 1 April 2022
Top funds managed
Atul Penkar
Fund Manager of Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl, since 31 December 2021
Top funds managed
AMC details
Fund House
Aditya Birla Sun Life AMC Ltd
Total Schemes
Total AUM
₹2.84L Cr
as on 31-Dec-2022
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
Email
connect@birlasunlife.com
Fund 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 13.7% since inception which is more than its category average return of 12.94%
Fund Allocations
This fund has an allocation of 98.59% in Equity, 0% in Debt and 1.41% in Cash related instruments
AUM size ₹13728 Cr
This fund has AUM of ₹13728 Cr which is more than its category average of ₹ 2677 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.57%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl is 301.94 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -3.44% | -3.44% |
6 Month Returns | -0.68% | -0.68% |
1 Year Returns | -3.27% | -3.27% |
3 Years Returns | 27.33% | 8.39% |
5 Years Returns | 34.96% | 6.18% |
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0.96 as on January 2023
13728 Cr as on January 2023
ICICI Bank Ltd(7.79%),Housing Development Finance Corp Ltd(5.88%),Honeywell Automation India Ltd(5.79%),Infosys Ltd(5.44%),HDFC Bank Ltd(5.4%) as on January 2023
Financial Services(33.45%),Consumer Cyclical(15.37%),Industrial(13.13%) as on January 2023
The alpha ratio for the Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl | -4.8 | -6.27 | -4.08 |
As on January 2023
The alpha for Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl 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 Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl | 0.9 | 0.85 | 0.86 |
As on January 2023
The Beta for Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl 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 Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl | -0.47 | 0.26 | 0.1 |
As on January 2023
The sharpe ratio for Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl 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 Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl | 15.12 | 19.98 | 17.68 |
As on January 2023
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 0.36 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Dhaval Gala,Atul Penkar are the fund managers of Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Aditya Birla Sun Life Tax Relief 96 Direct Plan Reinvst of Inc Dis cum Cap Wdrl is 0%
Mutual Fund execution provided by
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.