Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. No tax is to be paid as long as you continue to hold the units. Note: You can save upto Rs 46,800* in taxes u/s 80C of Income Tax Act, 1961 if you fall in the highest tax slab and invest Rs 1.5 lakhs in Aditya Birla Sun Life Tax Relief ’96. All Rights Reserved. * Disclaimer: Tax saving of Rs.46,800 is calculated assuming that the qualifying amount of deduction is Rs. Whereas for the dividend option some amount out of Rs 20 profit may be given back to investor in form of dividend and today's NAV will be lower than 120. Thank you! Now invest in Aditya Birla Sun Life Tax Relief 96 at Moneycontrol.com. As per the provisions of the Income Tax Act, one can save taxes up to 1,50,000 per annum by investing in the equities. Manager: Birla Sun Life Asset Management Company Ltd. CIN: U65991MH1994PLC080811. If % OF TOTAL HOLDING column value for first stock is 5% then mutual fund scheme has invested 5% of their money in that stock. You can save taxes by showing investment as deduction under 80c. There seems to be some Technical problem. 6 is/are ranked 4 * , You can opt for the same for your portfolio in order to achieve your investment goals and secure the future ahead. 16-Aug-2018, Why are funds having high portfolio turnover, Fund News - Aditya Birla Sun Life Tax Relief 96 4 Value Research 24 4-24 Aditya Birla Sun Life Mutual Fund 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. View more, HDFC Balanced Advantage Fund - Dividend: What is the cutoff time for purchasing HDFC balanced advantage mutual fund, this is a MF - has a good english translation to the word MF Please select atleast one subscription option, Please select "To" date greater than "From" date. For Fixed Withdrawal Option: Investors can withdraw fixed amount on 1 or 7 or 10 or 14 or 20 or 21 or 28 of month/quarter/Half yearly and Annually for minimum 6 months/ 4 quarter/2 half years and 1 year. These mutual funds maintain portfolio largely in the stocks. Systematic Withdrawal Plan allows investors to withdraw a fixed amount of money from their mutual fund to build sustainable income streams while saving on Tax also. Aditya Birla Sun Life Focused Equity Fund, Aditya Birla Sun Life Frontline Equity Fund, Aditya Birla Sun Life Corporate Bond Fund, Aditya Birla Sun Life Banking & PSU Debt Fund, Subscription / Switch-in (from other schemes/plans of the Mutual Fund), Redemption / Switch - out (to other schemes/plans of the Mutual Fund). Provide your mobile number without a country code e.g. To check an all-time best return rate for equity funds, check how they've performed in the last 3 or 5 years. However if right most red scale is selected, then there is high risk of negative returns on your investment. For example 1st Jan, 2018 NAV is 120 (which is higher by 20% from first NAV) than you need to reduce your investment by 40% (new instalment amount will be ₹6000). Fill this form now to make an investment! Aditya Birla Sun Life Tax Relief 96 - Dividend Payout was previously known as. Education: Mr. Garg is B.E (Electronics) and MBA (Finance). All rights reserved. Ratios are only available for the funds which are 3 years old. Indian equity indices gained marginally higher ahead of slow economic growth. In particular, the information herein is not for distribution and does not constitute an offer to buy or sell or the solicitation of any offer to buy or sell any securities or financial instruments in the United States of America ("US") and Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada. For Appreciation Withdrawal Option: Investors can withdraw appreciation on the 1 of each month/quarter for minimum 6 months/ 4 quarter. Investments in securities markets are subject to market risks, read all the related documents carefully before investing. Once you invest in a mutual fund(s), the managers of the fund invest your money in stocks and bonds. Since its inception, its performance has been appreciable and the best period was in between February 22, 1999 and February 22, 2000. Ajay has over two and a half decades of experience in financial services and an extensive understanding of Indian equity markets. The value of monthly SIP of Rs 10,000 could have grown to Rs 10.22 lakh in just 5 years as on 31 October 2017. 3 is/are ranked 5 * , VIP or Value averaging investment plan works on a principal that, you should invest more when markets are going down and should invest less when markets are at the peak. SEBI Reg No. In fact to avoid the need to time the market, investors can invest through SIP. Zee Entertainment Ltd., and many more well-established entities. Birla Sun Life Tax Relief 96 D is an investment plan from Birla Sun Life Mutual Fund, which is available in SIP and lump sum investment alternatives. This is in the interest of our investors. Its aim is to offer tax savings along with capital appreciation. Ajay Garg is Senior Fund Manager at Aditya Birla Sun Life AMC Limited (ABSLAMC). Please try again after sometime. 11 is/are ranked 2 * , If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. We regret to inform that service is currently unavailable, please try again after some time. Gains over Rs 1 lakh are taxed at the rate of 10%. View more, because iam feeling like this mutal fund create future return, I want to chat with the tax expert. service is unavailable, please try after some time. HDFC Balanced Advantage Fund - Dividend: What is the cutoff time for purchasing HDFC balanced advantage mutual fund Copyright Aditya Birla Sunlife Mutual Funds 2020. hey, as a rookie, i know to cut losses at 10%. But be prepared for ups and downs in your investment value along the way. Please select atleast one subscription option, Please select "To" date greater than "From" date. Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. One India Bulls Center - Tower 1,17th Floor - Jupiter Mills Compound,841 Senapati Bhawan, Elphinstone Road,400013. In order to provide wide diversification, the assets are allocated in different sectors, viz., financial, automobile, services, healthcare and FMCG. Aditya Birla Sun Life Tax Relief 96 - Dividend Payout, ICICI Prudential Long Term Equity Fund (G), » Aditya Birla Sun Life Tax Relief 96 - Dividend Payout. Registered with the Securities and Exchange Board of India (SEBI) as an Investment Advisor (INA100009859) and with Pension Fund Regulatory and Development Authority (PFRDA) as NPS ePOP (269042019). Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Multi Scheme SIP Facility - The Facility enables investors to subscribe under various Schemes through SIP using a single application form and payment instruction. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period. The Sponsors of Aditya Birla Sun Life Mutual Fund are Aditya Birla Capital Limited, a part of the Aditya Birla Group, which is a premier conglomerate of businesses in India and Sun Life (India) AMC Investments Inc.
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