In this video we have reviewed the Aditya Birla Sun Life Tax Relief 96 fund. This is the ELSS fund from the house of ABSL. We are joined by the head of products for ABSL AMC, Mr. Abhishek Singhal.
In this vide we discuss:
1. The importance of investing in an Equity Linked Saving Scheme. Tax deductions available under section 80C of the income tax act from ELSS Funds. 3-year lock-in for ELSS funds.
2. Investment Strategy for ABSL Tax Relief 96 fund. Investment across categories and sectors.
3. Stock selection process for ABSL Tax Relief 96 Fund.
4. Historical returns of the ABSL Tex Relief 96 fund. Expected returns from the fund.
5. Average holding of stocks in the fund. Multibaggers in ABSL Tax Relief 96 fund.
6. Market outlook and fund expectations in the medium to long term.