Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP)

• Alpha -5.96%
• Beta 0.87
• Sharpe Ratio0.59
• Std Deviation 12.83%
• Tracking Error 5.70%

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.

The Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP) has an AUM of 14050.39 crores & has delivered CAGR of 9.54% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.69%. The minimum investment in Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP) is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & Moderate respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Larsen & Toubro & Reliance Industries.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Construction Services & Appliance & Tool.

Some of the similar funds are SBI Long Term Equity Fund Regular Growth, DSP Tax Saver Fund Regular Plan Growth, Nippon India Tax Saver (ELSS) Fund - Growth, Aditya Birla Sun Life ELSS Tax Relief 96 Growth, Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP). Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP) has a sharpe ratio of 0.59 & a standard deviation of 12.83%.