Aditya Birla Sun Life Tax Relief '96 Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 32
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹59.96(R) +1.56% ₹66.45(D) +1.56%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 35.9% 13.88% 15.49% 11.28% 13.69%
LumpSum (D) 36.95% 14.8% 16.48% 12.31% 14.71%
SIP (R) 46.61% 23.48% 17.78% 14.42% 13.37%
SIP (D) 47.73% 24.4% 18.69% 15.35% 14.35%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.38 0.19 0.51 -4.56% 0.05
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.71% -14.07% -13.67% 0.84 8.34%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
Aditya Birla Sun Life Tax Relief '96 - Growth Option 59.96
0.9200
1.5600%
Aditya Birla Sun Life Tax Relief '96 - Growth - Direct Plan 66.45
1.0200
1.5600%
Aditya Birla Sun Life Tax Relief '96 -Regular - IDCW 210.7
3.2500
1.5700%
Aditya Birla Sun Life Tax Relief '96 -DIRECT - IDCW 458.28
7.0800
1.5700%

Review Date: 26-07-2024

Aditya Birla Sun Life Tax Relief '96 has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 32 out of 35 funds in the category. The fund has delivered return of 35.9% in 1 year, 13.88% in 3 years, 15.49% in 5 years and 13.69% in 10 years. The category average for the same periods is 39.91%, 20.18%, 21.58% and 15.77% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 11.71, VaR of -14.07, Average Drawdown of -5.96, Semi Deviation of 8.34 and Max Drawdown of -13.67. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Aditya Birla Sun Life Tax Relief '96 direct growth option would have grown to ₹13695.0 in 1 year, ₹15130.0 in 3 years and ₹21442.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Aditya Birla Sun Life Tax Relief '96 direct growth option would have grown to ₹14907.0 in 1 year, ₹51298.0 in 3 years and ₹95599.0 in 5 years as of today (26-07-2024).
  3. standard deviation of 11.71 and based on VaR one can expect to lose more than -14.07% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.38 which shows poor performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.9, Beta of 0.84 and Jensen's Alpha of -4.56% which exhibit poor performance in the elss (tax saving) fund category .


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 3.84
3.56
1.50 | 6.29 13 | 35 Good
3M Return % 13.03
11.56
8.82 | 16.41 6 | 35 Very Good
6M Return % 20.57
20.14
15.39 | 27.68 12 | 35 Good
1Y Return % 35.90
39.91
24.44 | 56.46 23 | 35 Average
3Y Return % 13.88
20.18
11.54 | 28.89 32 | 33 Poor
5Y Return % 15.49
21.58
15.49 | 35.49 32 | 32 Poor
7Y Return % 11.28
15.52
11.28 | 24.66 29 | 29 Poor
10Y Return % 13.69
15.77
13.22 | 24.50 19 | 22 Poor
15Y Return % 13.56
15.19
12.66 | 17.44 16 | 19 Poor
1Y SIP Return % 46.61
48.01
33.64 | 64.79 18 | 35 Good
3Y SIP Return % 23.48
28.05
20.20 | 39.75 29 | 33 Poor
5Y SIP Return % 17.78
24.53
17.21 | 36.79 31 | 32 Poor
7Y SIP Return % 14.42
20.43
14.42 | 31.24 29 | 29 Poor
10Y SIP Return % 13.37
17.71
13.37 | 26.65 22 | 22 Poor
15Y SIP Return % 13.97
16.38
13.80 | 21.58 19 | 20 Poor
Standard Deviation 11.71
12.71
9.99 | 16.36 5 | 33 Very Good
Semi Deviation 8.34
9.01
7.16 | 11.67 6 | 33 Very Good
Max Drawdown % -13.67
-12.33
-22.81 | -6.28 25 | 33 Average
VaR 1 Y % -14.07
-14.08
-20.17 | -11.38 22 | 33 Average
Average Drawdown % -5.96
-5.57
-11.96 | -2.58 26 | 33 Average
Sharpe Ratio 0.38
0.95
0.28 | 1.59 32 | 33 Poor
Sterling Ratio 0.51
0.93
0.36 | 1.67 32 | 33 Poor
Sortino Ratio 0.19
0.51
0.17 | 0.91 32 | 33 Poor
Jensen Alpha % -4.56
2.63
-8.40 | 13.97 32 | 33 Poor
Treynor Ratio 0.05
0.14
0.04 | 0.23 32 | 33 Poor
Modigliani Square Measure % 13.48
20.91
10.22 | 30.40 32 | 33 Poor
Alpha % -7.56
0.58
-7.65 | 12.32 32 | 33 Poor
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 3.91 3.65 1.60 | 6.34 14 | 35
3M Return % 13.24 11.86 9.08 | 16.66 7 | 35
6M Return % 21.04 20.78 16.31 | 28.51 12 | 35
1Y Return % 36.95 41.42 26.33 | 58.34 23 | 35
3Y Return % 14.80 21.54 12.42 | 29.75 32 | 33
5Y Return % 16.48 22.94 16.48 | 37.72 32 | 32
7Y Return % 12.31 16.75 12.31 | 26.32 29 | 29
10Y Return % 14.71 16.76 14.09 | 25.77 19 | 23
1Y SIP Return % 47.73 49.61 35.65 | 65.93 19 | 35
3Y SIP Return % 24.40 29.41 21.08 | 40.65 30 | 33
5Y SIP Return % 18.69 25.87 18.11 | 38.88 31 | 32
7Y SIP Return % 15.35 21.64 15.35 | 33.13 29 | 29
10Y SIP Return % 14.35 18.69 14.35 | 28.13 23 | 23
Standard Deviation 11.71 12.71 9.99 | 16.36 5 | 33
Semi Deviation 8.34 9.01 7.16 | 11.67 6 | 33
Max Drawdown % -13.67 -12.33 -22.81 | -6.28 25 | 33
VaR 1 Y % -14.07 -14.08 -20.17 | -11.38 22 | 33
Average Drawdown % -5.96 -5.57 -11.96 | -2.58 26 | 33
Sharpe Ratio 0.38 0.95 0.28 | 1.59 32 | 33
Sterling Ratio 0.51 0.93 0.36 | 1.67 32 | 33
Sortino Ratio 0.19 0.51 0.17 | 0.91 32 | 33
Jensen Alpha % -4.56 2.63 -8.40 | 13.97 32 | 33
Treynor Ratio 0.05 0.14 0.04 | 0.23 32 | 33
Modigliani Square Measure % 13.48 20.91 10.22 | 30.40 32 | 33
Alpha % -7.56 0.58 -7.65 | 12.32 32 | 33
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.56 ₹ 10,156.00 1.56 ₹ 10,156.00
1W 1.71 ₹ 10,171.00 1.73 ₹ 10,173.00
1M 3.84 ₹ 10,384.00 3.91 ₹ 10,391.00
3M 13.03 ₹ 11,303.00 13.24 ₹ 11,324.00
6M 20.57 ₹ 12,057.00 21.04 ₹ 12,104.00
1Y 35.90 ₹ 13,590.00 36.95 ₹ 13,695.00
3Y 13.88 ₹ 14,768.00 14.80 ₹ 15,130.00
5Y 15.49 ₹ 20,548.00 16.48 ₹ 21,442.00
7Y 11.28 ₹ 21,128.00 12.31 ₹ 22,541.00
10Y 13.69 ₹ 36,077.00 14.71 ₹ 39,460.00
15Y 13.56 ₹ 67,371.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 46.61 ₹ 14,842.33 47.73 ₹ 14,907.05
3Y ₹ 36000 23.48 ₹ 50,656.50 24.40 ₹ 51,297.91
5Y ₹ 60000 17.78 ₹ 93,491.16 18.69 ₹ 95,599.20
7Y ₹ 84000 14.42 ₹ 140,458.00 15.35 ₹ 145,172.24
10Y ₹ 120000 13.37 ₹ 241,115.88 14.35 ₹ 254,136.72
15Y ₹ 180000 13.97 ₹ 564,037.74 ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 59.96 66.45
25-07-2024 59.04 65.43
24-07-2024 59.0 65.38
23-07-2024 58.87 65.24
22-07-2024 58.95 65.32
19-07-2024 58.73 65.07
18-07-2024 59.66 66.1
16-07-2024 59.34 65.75
15-07-2024 59.27 65.67
12-07-2024 58.99 65.35
11-07-2024 58.75 65.09
10-07-2024 58.77 65.11
09-07-2024 58.92 65.27
08-07-2024 58.58 64.89
05-07-2024 58.73 65.05
04-07-2024 58.64 64.95
03-07-2024 58.45 64.74
02-07-2024 58.23 64.49
01-07-2024 58.28 64.55
28-06-2024 57.9 64.13
27-06-2024 57.98 64.22
26-06-2024 57.74 63.95

Fund Launch Date: 01/Jan/1994
Fund Category: ELSS (Tax Saving) Fund
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 allocation of 80% equity, 20% debt and money market securities.
Fund Description: It is an open-ended ELSS that provides an opportunity to save tax while growing your money through equity investments.
Fund Benchmark: S&P BSE 200 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.