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Birla Sun Life Tax Relief 96

(An Open Ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years)

This product is suitable for investors who are seeking:
  • long term capital growth
  • investments in equity and equity related securities, with tax benefit under section 80C, subject to eligibility.
  • High risk       (BROWN)
investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Note: Risk is represented as:
(BLUE) investors understand that
their principal will be at low risk
(YELLOW) investors understand that
their principal will be at medium risk
(BROWN) investors understand that
their principal will be at high risk
Can you save tax and create wealth at the same time?
Do you pay taxes? Do you know that you can use investments as a means of saving tax and generating wealth? Section 80C of the Income Tax Act, 1961 gives you a number of investment options like FDs, PPF, NSC etc., through which you can reduce your taxable income by upto Rs. 1 Lakh and thus reduce your tax liability by up to Rs. 30,900. Equity Linked Saving Schemes (ELSS) are just such an investment.  
3. Strong Dividend History
Tax-saving Investments That Could Make You Richer
Tax saving investment options laid out by section 80C of the Income Tax Act, like PPF, would normally give you returns of about 8% p.a. whereas Equity Linked Savings Schemes offer you an opportunity to earn higher returns by combining market linked returns with savings on Income Tax. Over and above that, ELSS plans have one of the lowest lock-in periods of 3 years as compared to others where the lock-in period could be as high as 15 years.
SIP Option
Now you need no longer worry about waiting till the end of the financial year to arrange for that Rs. 1 Lakh that you need for your tax saving investments. BSLTR '96 makes your life easier by letting you invest small amounts (as less as Rs. 500/ month) through Systematic Investment Plan (SIP).
Get the latest NAV on SMS, send NAV <02G> as an SMS to 56161. Premium SMS charges apply.  


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Toll Free:1-800-270-7000
Outside India:
(Call charges apply)

Between 9 AM to 9 PM, Monday to Saturday (IST)

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Mutual Fund Dictionary


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The views, opinions and recommendations mentioned herein are those of the Investment Advisor alone and should not be construed as investment advice to any party and are not necessarily those of Birla Sun Life Asset Management Company Ltd.(BSLAMC) or any of their officers, employees, personnel, directors and further, BSLAMC / its subsidiaries / affiliates / sponsors / trustee or their officers, employees, personnel, directors make no representation or warranty, express or implied, as to the accuracy, completeness or reliability of the content and shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use or access of such information.


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