Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl
Equity
Direct
Sector - Technology
NAV: ₹ 57.59 as on 16-04-2024
Fund Performance
19 people have invested ₹ 35.8K in Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl in the last three months
About the Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 14 January, 2013. The fund is managed by Kunal Sangoi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl has ₹4563 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl Overview
 | 0.74% |
 Benchmark | S&P BSE IT |
 | ₹4563 Cr |
 | 14 January, 2013 |
 | ₹1000/-- |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 31.42% |
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
66.5%
Small cap
18.8%
Mid cap
11.3%
Sector Allocation
Tech
74.5%
Communication
12.5%
Industrial
10%
Consumer Cyclical
2.9%
Top Holdings of Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings35
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -5.38% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 4.92% in Mar'24
AUM Change
- AUM of the fund stands at 4.6K Cr as of Mar'24
- AUM decreased by 250.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Bharti Airtel Ltd Partly Paidup | 8.1% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 Tata Consultancy Services Ltd | -3.6% |
Peer Analysis
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl Fund Manager
Kunal Sangoi
Fund Manager of Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl, since 16 January 2014
Top funds managed
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.18% since inception which is less than its category average return of 27.59%
Fund Allocations
This fund has an allocation of 96.63% in Equity, 0% in Debt and 3.37% in Cash related instruments
AUM size ₹4563 Cr
This fund has AUM of ₹4563 Cr which is more than its category average of ₹ 3044 Cr
Expense Ratio 0.74%
This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.24%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is ₹57.59 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -6.14% | -6.14% |
6 Month Returns | 8.41% | 8.41% |
1 Year Returns | 21.45% | 21.45% |
3 Years Returns | 45.99% | 13.44% |
5 Years Returns | 173.93% | 22.33% |
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0.74% as on March 2024
₹4563 Cr as on March 2024
Infosys Ltd(22.09%), Tata Consultancy Services Ltd(11.03%), Bharti Airtel Ltd(8.01%), HCL Technologies Ltd(7.27%), LTIMindtree Ltd(6.71%) as on March 2024
Tech(72.01%), Communication(12.08%), Industrial(9.71%) as on March 2024
The alpha ratio for the Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl | -0.82 | 2.8 | 4.18 |
As on March 2024
The alpha for Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is calculated against S&P BSE IT. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl | 0.96 | 0.95 | 1.01 |
As on March 2024
The Beta for Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is calculated with S&P BSE IT. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl | 1.03 | 0.57 | 0.86 |
As on March 2024
The sharpe ratio for Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is calculated with S&P BSE IT. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl | 15.92 | 18.34 | 20.78 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.88 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.39 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kunal Sangoi is the fund manager of Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl
The Exit load of Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is 1%