Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth

Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. Ajay Garg is the Current Fund Manager of Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,97,412 Cr and the Latest NAV as of 01 Dec 2023 is ₹51.05. The Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The scheme seeks long-term capital growth and will invest approximately 80 per cent of its assets in equity, while the balance would be a invested in debt and money market instrument. It was converted to an open-ended scheme with effect from July 1999. A combination of top down & bottom up approach will be followed in the stock selection process. ;