 |
Aditya Birla Sun Life ELSS Tax Relief ‘96 |
| An open ended equity linked saving scheme with a statutory lock-in of 3 years and tax benefit. |
| Data as on 31st July 2023 |
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Fund Details |
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Investment Objective |
| An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target Investment Objective allocation of 80% equity, 20% debt and money market securities. | |
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Fund Category |
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Investment Style |
| ELSS |  |
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| Fund Manager | |
|---|---|
| Mr. Atul Penkar, Mr. Dhaval Gala & Mr. Dhaval Joshi |
| Managing Fund Since | |
|---|---|
| December 28, 2021, April 01, 2022& November 21, 2022 |
| Experience in Managing the Fund | |
|---|---|
| 1.6 years, 1.3 years & 0.7 years |
| Load Structure (as % of NAV) (Incl. for SIP) | |
|---|---|
| Entry Load | Nil |
| Exit Load | Nil |
| Total Expense Ratio (TER) | |
|---|---|
| Regular | 1.69% |
| Direct | 0.93% |
| Including additional expenses and goods and service tax on management fees. | |
| AUM ₹ | |
|---|---|
| Monthly Average AUM | 14129.88 Crores |
| AUM as on last day | 14252.70 Crores |
| Date of Allotment | |
|---|---|
| March 29, 1996 |
| Benchmark | |
|---|---|
| NIFTY 500 TRI |
| Other Parameters | |
|---|---|
| Portfolio Turnover | 0.28 |
| Standard Deviation | 13.02% |
| Sharpe Ratio | 0.57 |
| Beta | 0.85 |
| Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns. Risk Free Rate assumed to be 6.6% (FBIL Overnight MIBOR as on 31 July 2023) for calculating Sharpe Ratio | |
| Application Amount for fresh subscription | |
|---|---|
| ₹ 500 (plus in multiplies of ₹ 500) |
| Min. Addl. Investment | |
|---|---|
| ₹ 500 (plus in multiplies of ₹ 500) |
| SIP | |
|---|---|
| Monthly: Minimum ₹ 500/- |
 NAV of Plans / Options ₹ |
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|---|---|---|
| Regular Plan (w.e.f. 06/03/08): | Direct Plan | |
| Growth | 44.4800 | 48.9200 |
| IDCW$: | 168.0200 | 337.3500 |
| $Income Distribution cum capital withdrawal | ||
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PORTFOLIO |
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| Issuer | % to Net Assets |
Rating |
| Banks | 28.66% | |
| HDFC Bank Limited | 9.55% | |
| ICICI Bank Limited | 8.36% | |
| State Bank of India | 3.67% | |
| Axis Bank Limited | 2.85% | |
| IndusInd Bank Limited | 1.32% | |
| IDFC First Bank Limited | 1.31% | |
| Bandhan Bank Limited | 1.11% | |
| The Federal Bank Limited | 0.49% | |
| Pharmaceuticals & Biotechnology | 6.72% | |
| Pfizer Limited | 1.51% | |
| Sun Pharmaceutical Industries Limited | 1.46% | |
| GlaxoSmithKline Pharmaceuticals Limited | 1.39% | |
| Biocon Limited | 1.36% | |
| Cipla Limited | 0.99% | |
| IT - Software | 6.32% | |
| Infosys Limited | 4.37% | |
| Tata Consultancy Services Limited | 1.95% | |
| Construction | 5.13% | |
| Larsen & Toubro Limited | 5.13% | |
| Petroleum Products | 5.12% | |
| Reliance Industries Limited | 5.12% | |
| Industrial Manufacturing | 4.91% | |
| Honeywell Automation India Limited | 4.91% | |
| Auto Components | 4.02% | |
| Sundaram Clayton Limited | 1.95% | |
| Bosch Limited | 0.96% | |
| Sundaram Clayton Limited | 0.61% | CRISIL A1+ |
| Sona BLW Precision Forgings Limited | 0.49% | |
| Retailing | 3.65% | |
| Shoppers Stop Limited | 2.99% | |
| FSN E-Commerce Ventures Limited | 0.66% | |
| Healthcare Services | 2.93% | |
| Fortis Healthcare Limited | 2.93% | |
| Leisure Services | 2.86% | |
| Thomas Cook (India) Limited | 1.17% | |
| Devyani International Limited | 0.65% | |
| Jubilant Foodworks Limited | 0.57% | |
| Restaurant Brands Asia Limited | 0.47% | |
| Personal Products | 2.84% | |
| Gillette India Limited | 2.26% | |
| Dabur India Limited | 0.58% | |
| Automobiles | 2.81% | |
| Mahindra & Mahindra Limited | 1.54% | |
| Maruti Suzuki India Limited | 1.28% |
| Issuer | % to Net Assets |
Rating |
| Transport Services | 2.72% | |
| InterGlobe Aviation Limited | 1.39% | |
| Container Corporation of India Limited | 1.33% | |
| Consumer Durables | 2.17% | |
| Titan Company Limited | 1.30% | |
| Johnson Controls - Hitachi Air Conditioning India Limited | 0.87% | |
| Telecom - Services | 1.88% | |
| Bharti Airtel Limited | 1.88% | |
| Cement & Cement Products | 1.82% | |
| UltraTech Cement Limited | 1.24% | |
| Shree Cement Limited | 0.58% | |
| Finance | 1.63% | |
| Bajaj Finance Limited | 0.99% | |
| Jio Financial Services Limited | 0.53% | |
| Aditya Birla Capital Limited | 0.11% | |
| Fertilizers & Agrochemicals | 1.63% | |
| Bayer Cropscience Limited | 1.63% | |
| Insurance | 1.51% | |
| HDFC Life Insurance Company Limited | 0.97% | |
| Star Health & Allied Insurance Limited | 0.54% | |
| Capital Markets | 1.41% | |
| ICRA Limited | 1.41% | |
| Ferrous Metals | 1.08% | |
| Tata Steel Limited | 1.08% | |
| Realty | 1.03% | |
| Phoenix Mills Limited | 1.03% | |
| Diversified FMCG | 1.02% | |
| Hindustan Unilever Limited | 1.02% | |
| Financial Technology (Fintech) | 0.94% | |
| PB Fintech Limited | 0.94% | |
| Chemicals & Petrochemicals | 0.91% | |
| Navin Fluorine International Limited | 0.91% | |
| Paper Forest & Jute Products | 0.90% | |
| Century Textiles & Industries Limited | 0.90% | |
| Beverages | 0.80% | |
| United Spirits Limited | 0.80% | |
| United Breweries (Holdings) Limited | 0.00% | |
| Power | 0.75% | |
| NTPC Limited | 0.75% | |
| Miscellaneous | 0.00% | |
| Magnasound (I) Limited | 0.00% | |
| Cash & Current Assets | 1.81% | |
| Total Net Assets | 100.00% |
Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Atul Penkar is 3. Total Scheme managed by Mr. Dhaval Gala is 6. Total Schemes managed by Mr. Dhaval Joshi is 45.
This Performance is of Regular Plan growth which was introduced on March 06, 2008 Click here to know more on performance of schemes managed by Fund Managers.
Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.
# Scheme Benchmark, ## Additional Benchmark
For SIP calculations above, the data assumes the investment of ₹ 10000/- on 1st day of every month or the subsequent working
day. Load & Taxes are not considered for computation of returns. Performance for IDCW option would assume reinvestment
of tax free IDCW declared at the then prevailing NAV. CAGR returns are computed after accounting for the cash flow by using
XIRR method (investment internal rate of return).Where Benchmark returns are not available, they have not been shown.
Past
performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. IDCW
are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. For SIP returns, monthly investment
of equal amounts invested on the 1st day of every month has been considered.
