Birla Sun Life Tax Relief 96 Fund: Capital Growth with Tax Saving

Birla Sun Life Tax Relief 96 Growth is the most feasible programme for the investors who are seeking long-term capital appreciation and want to save on their taxes. Whenever it comes to making an investment in the mutual funds, everyone desires to opt for something that offers maximum benefits. Birla Sun Life Tax Relief 96 is one of the best fund among the ELSS category, which provides tax benefit under Section 80C of Income Tax Act.

In order to offer the best solutions to the investors and fulfil their desires, the Aditya birla sun life mutual fund  has designed this plan. The whole year one keeps looking for various options which could help one in managing the taxes and reduce the burdensome. And, Birla Sun Life Tax Relief 96 Fund provides the same, and henceforth it is among the best schemes in the mutual fund industry. We recommend birla sun life tax relief 96 growth plan to our clients because we are well aware of its performance and track record, and we are sure that one can definitely achieve one’s set goals by opting for this programme. To help you get an overview of the BSL Tax Relief 96 Fund, a synopsis of the same is mentioned below:

Birla Sun Life Tax Relief 96: Strategy

It is an open-ended scheme which is designed to cater the needs of a large number of investors. BSL tax relief 96 aims to offer capital growth by investing around 80% funds in the stocks and shares of the companies for a long-term duration, while the remaining 20% in the debt and money market instruments. Furthermore, being an equity-linked saving scheme, it provides an opportunity to save tax while growing the money of investors.

Birla Sun Life Tax Relief Nav: Performance

As per the latest data available, we can easily conclude that the track record of the BSL Tax Relief 96 is appreciable since its inception. Birla Sun Life Tax Relief 96 holds five-star rating and is ranked first under the ELSS category by CRISIL for the quarter ended in June 2016. We can further confirm its well-being position with the help of the following points related to its performance:

  1. BSL tax relief 96 growth annualised return for three- and five-year investment horizon are around 29.5% and 20.1%, which are much higher than the returns generated in the whole category annualised return for three- and five-year investment horizon are around 29.5% and 20.1%, which are much higher than the returns generated in the whole category.
  2. Its track record as against the set benchmark, i.e., S&P BSE 200, is around double, and henceforth, birla sun life tax relief 96 fund has maintained a great market possession.
  3. Birla Sun Life Tax Relief 96 NAV as on 23rd September 2016, amounted to Rs.24.280, which depicts that it has helped many investors in enhancing the worth of their investment.
  4. The absolute return for the year 2015(annually) was 9.2%.

BSL Tax Relief 96: Portfolio Review

With an asset size of Rs.2,425, birla sun life tax relief 96 growth scheme has invested a majority of the funds, i.e., 99.49% in the equities and the remaining 0.51% in the cash and call instruments. The sector allocation graph of the plan depicts that major investments are in financial, automobile, services and healthcare sectors.

Furthermore, the top five holdings of birla sun life tax relief 96 mutual fund programme include:

  • Sundaram-Clayton
  • Honeywell Automation
  • Bayer CropScience
  • Kotak Mahindra Bank
  • Zee Entertainment Ltd.

With such a well-diversified portfolio, the Birla Sun Life Tax Relief Fund has been successful in achieving its set targets. Moreover, it has also helped many investors in leading their investments in a better way.

So accordingly, you must have understood that in order to attain the maximum returns from your investment, the ELSS provides the best strategy and the BSL Tax Relief 96 is among the top-performing ones under the same category. You can avail the dual benefit of tax savings and capital growth with this. So start your birla sun life tax relief 96 growth plan online investment to achieve the desired goals and you can also look at 5 best tax saving investment plans in India in order to save tax and meet all your financial needs.