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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Dhaval Shah
Mr.Shah has done B.Com. from University of Mumbai & MBA from Somaiya Institute of Management Studies & Research. He also holds CFA designation.
Prior to joining Aditya Birla Sunlife Mutual Fund he has worked with HDFC Mutual Fund, Reliance Mutual Fund, Morgan Stanley.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Aditya Birla Sun Life ELSS Tax Saver is ₹57.53 as of 2026-10-12.
Aditya Birla Sun Life ELSS Tax Saver is classified as a ELSS - Tax Saver fund.
Aditya Birla Sun Life ELSS Tax Saver is managed by Aditya Birla Sun Life Mutual Fund.
The Assets Under Management (AUM) of Aditya Birla Sun Life ELSS Tax Saver is ₹13,559.01 Cr.
The expense ratio of Aditya Birla Sun Life ELSS Tax Saver is 1.77%.
Aditya Birla Sun Life ELSS Tax Saver is managed by Dhaval Shah.
The minimum SIP investment for Aditya Birla Sun Life ELSS Tax Saver is ₹1,000.
As per the SEBI Riskometer, Aditya Birla Sun Life ELSS Tax Saver carries a Very High risk level.
Aditya Birla Sun Life ELSS Tax Saver has delivered -6.28% (1Y), 8.24% (3Y) and 5.91% (5Y) annualised returns as of 2026-10-12.
Aditya Birla Sun Life ELSS Tax Saver was launched on 1994-12-23.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
