Investment Objective and Approach

The fund follows an open-ended Equity Linked Savings Scheme (ELSS) with the objective of long-term capital growth through a portfolio with a target allocation of 80% equity and 20% debt and money market securities. The primary goals include providing tax deduction benefits of up to ₹1,50,000 per annum under Section 80C of the Income Tax Act, 1961, and offering potential for long-term capital growth being an equity-oriented fund.

The fund manager has the flexibility to invest across market caps and sectors, following the fund discipline. A combination of top-down and bottom-up approach is followed in the stock selection process. The fund's approach focuses on creating a diversified equity portfolio while maintaining the mandatory 3-year lock-in period that enables strategic asset allocation decisions.

The fund's lock-in period of 3 years is among the lowest compared to other tax-saving investment options under Section 80C, making it attractive for investors seeking tax benefits with shorter commitment periods.

Fund Managers

Dhaval Shah serves as the Fund Manager and Senior Analyst with Aditya Birla Sun Life AMC Limited (ABSLAMC). He has been part of ABSLAMC since 2015. Before joining ABSLAMC, Dhaval worked with Reliance Capital Asset Management Ltd., Morgan Stanley Investment Management, and Edelweiss Securities Ltd. He holds an MMS in Finance from Mumbai University and is also a CFA Charterholder.

Additionally, the fund management team includes expertise from professionals with B.Com from University of Mumbai, MBA from Somaiya Institute of Management Studies & Research, and CFA designation.

About the Fund House (AMC)

Aditya Birla Sun Life Mutual Fund was established as a joint venture between Aditya Birla Group of India and Sun Life Financial Inc of Canada in 1994. The AMC manages assets worth ₹382,889.63 crores across 265 schemes as of recent data.

The fund house operates from its headquarters at One World Centre, Tower 1, 17th Floor, Jupiter Mill Compound, Senapati Bapat Marg, Elphinstone Road, Mumbai. With over two decades of experience in the Indian mutual fund industry, the AMC has established itself as a prominent player offering diverse investment solutions across equity, debt, and hybrid categories.

Aditya Birla Sun Life MF ELSS Funds are diversified equity funds which aim at providing investors with an opportunity to grow wealth over the long run, primarily investing in equity and equity-related instruments in a given proportion as per the fund's mandate.

Should I Invest in Aditya Birla Sun Life ELSS Tax Saver Fund?

This fund suits investors with specific investment profiles and objectives:

Ideal for:

- Investors seeking a tax-saving investment option with potential for higher long-term capital returns

- Investors with higher risk appetite

- Those planning for long-term goals like retirement, children's education, or wealth creation

- Investors planning for five years or more who can expect gains that comfortably beat inflation and returns from fixed income options, with additional tax benefits

Key Considerations:

- The fund is rated Very High risk

- Do not invest if you need to redeem your investment in less than five years

- To realize the full potential of these funds, you need to stay invested throughout the lock-in period

Performance Metrics (as of various dates in 2025):

- CAGR return of 13.95% since inception

- 1-year, 3-year, and 5-year CAGR returns of 3.56%, 9.66%, and 18.45% respectively

- AUM of ₹13,629 crores as of February 2025

- Expense ratio of 1.04%, which is lower than the category average of 1.3%

FAQs

What is today's NAV of Aditya Birla Sun Life ELSS Tax Saver Fund?

The Latest NAV is ₹67.08 as of August 14, 2025, though NAV changes daily based on market conditions.

What is the AUM of Aditya Birla Sun Life ELSS Tax Saver Fund?

The fund has an Assets Under Management (AUM) of ₹4,11,970 crores, making it one of the larger ELSS funds in the market.

What is the expense ratio of Aditya Birla Sun Life ELSS Tax Saver Fund?

The expense ratio is 1.04%, which is lower than the category average expense ratio of 1.3%, making it cost-effective for investors.

What are the returns of Aditya Birla Sun Life ELSS Tax Saver Fund since inception?

The fund has delivered a CAGR return of 13.95% since inception, demonstrating consistent long-term performance.

What is the minimum SIP amount to invest in Aditya Birla Sun Life ELSS Tax Saver Fund?

The minimum SIP amount to invest in this scheme is ₹500, making it accessible for small investors.

How do I invest in Aditya Birla Sun Life ELSS Tax Saver Fund?

You can invest through Allvest's platform by creating an account, selecting the fund, choosing SIP or lumpsum investment, and completing the payment process online.

How to start a SIP in Aditya Birla Sun Life ELSS Tax Saver Fund?

Through Allvest, log in to your account, select the fund, choose SIP option, set your monthly amount (minimum ₹500), select date, and set up auto-debit instructions.

How do I automate an SIP in Aditya Birla Sun Life ELSS Tax Saver Fund?

After setting up SIP through Allvest, provide bank mandate for auto-debit. The system will automatically deduct the specified amount monthly and invest in the fund.

How can I withdraw/redeem my investment in Aditya Birla Sun Life ELSS Tax Saver Fund?

ELSS funds have a mandatory lock-in period of 3 years. You can redeem only after completion of 3 years through Allvest's redemption process online.