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

• Alpha -5.96%
• Beta 0.87
• Sharpe Ratio0.44
• Std Deviation 12.90%
• 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 Saver (ELSS U/S 80C of IT ACT) Growth (LSP) has an AUM of 15895.16 crores & has delivered CAGR of 12.82% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.67%. The minimum investment in Aditya Birla Sun Life ELSS Tax Saver (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 Medium & High respectively.

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

The major sectors where the fund is invested are Regional Banks, Oil & Gas Operations, Software & Programming & Biotechnology & Drugs.

Some of the similar funds are Nippon India ELSS Tax Saver Fund Growth, ICICI Prudential ELSS Tax Saver Fund Growth, Aditya Birla Sun Life ELSS Tax Saver Growth, Aditya Birla Sun Life ELSS Tax Saver (ELSS U/S 80C of IT ACT) Growth (LSP), HDFC ELSS TaxSaver Growth. Aditya Birla Sun Life ELSS Tax Saver (ELSS U/S 80C of IT ACT) Growth (LSP) has a sharpe ratio of 0.44 & a standard deviation of 12.90%.