Aditya Birla Sun Life Tax Plan - Regular Plan - Growth Option
Fund House: Aditya Birla Sun Life Mutual Fund| Category: Equity: ELSS |
| Launch Date: 16-02-1999 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| Expense Ratio: 1.55% As on (31-03-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 314.6 Cr As on (31-03-2023) |
| Turn over: 13% | Exit Load: Nil |
47.49
-0.06 (-0.1263%)
9.88%
Benchmark: 16.25%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
An Open-ended Equity Linked Savings Scheme (ELSS) with the objective to achieve long-term growth of capital along with income tax relief for investment.
Current Asset Allocation (%)
Indicators
| Standard Deviation | |
| Sharpe Ratio | 1.18 |
| Alpha | 0.23 |
| Beta | 0.97 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Tax Plan - Regular Plan - Growth Option | 16-02-1999 | -4.16 | 1.3 | 14.2 | 3.72 | 13.11 |
| Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option | 05-01-2015 | 20.07 | 11.57 | 25.42 | 10.09 | - |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 19.96 | 13.81 | 28.24 | 12.83 | 14.41 |
| HDFC Taxsaver - Growth Plan | 05-03-1996 | 16.99 | 16.68 | 28.02 | 10.92 | 13.92 |
| Taurus Taxshield - Regular Plan - Growth | 31-03-1996 | 16.38 | 10.48 | 22.63 | 10.41 | 13.31 |
| Kotak Tax Saver-Scheme-Growth | 01-11-2005 | 16.31 | 12.26 | 26.73 | 14.17 | 15.49 |
| HSBC ELSS Fund - Regular Growth | 01-01-2013 | 16.19 | 9.47 | 23.5 | 8.86 | 13.93 |
| JM Tax Gain Fund (Regular) - Growth option | 31-03-2008 | 16.18 | 11.85 | 27.68 | 13.14 | 16.03 |
| BANDHAN Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 15.88 | 13.92 | 35.23 | 13.31 | 17.33 |
| ITI Long Term Equity Fund - Regular Plan - Growth Option | 18-10-2019 | 15.75 | 3.21 | 20.3 | - | - |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
11.39%
Others
0.96%
Large Cap
60.97%
Mid Cap
26.68%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
