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Overview on ABSL Tax Relief 96 Fund

This presentation covers the most important topics that investors need before investing in mutual funds. It covers its benefits of investing, Fund Details, Investment Style, Sector Allocation, Top Holdings and the Fund Manager of Aditya Birla Tax Relief 96 Fund

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Overview on ABSL Tax Relief 96 Fund

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  1. Aditya Birla Sun Life Tax Relief 96 Fund The Bellwether of Tax Saving Investments

  2. Features of ELSS Mutual Funds Monthly SIP Option Least Lock-in Period Professional Fund Management Tax Efficient Lower Charges & Fee Long Term Wealth Creation

  3. Benefits of Investing in ABSL Tax Relief 96 Fund • By investing in ABSL Tax Relief 96 Fund, investors can save tax and create long term wealth at the same time. • It is one of the oldest tax saving mutual funds and has delivered outstanding returns. • Investors can reduce the tax liability by up to Rs 46,800* every financial year. • Investments through SIP allows convenient tax savings. • It is the most beneficial tax saving option available under Section 80C of Income Tax Act, 1961. • ABSL Tax Relief 96 Fund is a top performer in the category and has delivered phenomenal gains in the long term. • It has high allocation in the mid and small-cap stocks which can be highly productive in the right market conditions. • No exit load is charged after the lock-in period of 3 years is completed.

  4. ABSL Tax Relief 96 Fund Details

  5. Investment Style • Aditya Birla Sun Life Tax Relief 96 Fund follows growth style of investment. • Compared to the peers of the category, it has higher allocation in the mid and small-cap stocks. • A total of 47 stocks are present in the current portfolio. • A residual proportion of the corpus is also invested in fixed income securities. • Portfolio of the scheme is regularly updated by the fund manager depending on the market conditions.

  6. Sector Allocation

  7. Top Holdings Data as of 30th April 2019

  8. Fund Manager Mr Ajay Garg Senior Fund Manager at ABSL Mutual Fund B.E (Electronics), MBA (Finance) • Mr Ajay Garg has been single-handedly managing the portfolio of Aditya Birla Sun Life Tax Relief 96 Fund since October 2006. • He has been associated with Aditya Birla Mutual Fund since 2003. • Before joining ABSL Mutual Fund, he was associated with Birla Sun Life Securities Ltd.

  9. Tax That can be Saved Based on Income • Investments in Aditya Birla Sun Life Tax Relief 96 Fund can reduce the taxable income by upto Rs 1.5 lac every financial year. • Following table gives the details of Tax liability that can be reduced by investing in Aditya Birla Sun Life Tax Relief 96 Fund for a resident male of less than 60 years. Disclaimer: All the data in the table are in INR and according the tax slab for the Fiscal year year 2019-20.

  10. Enhance your tax saving strategy with superior returns! Disclaimer: The information and suggestions of the funds in the presentation are for informative purpose only. The facts and figures in the presentation are as per the sources which include ValueResearch and Moneycontrol as on 15-5-2019. Mutual fund investments are subject to market risk. Read all the scheme related documents carefully.

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