Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl

Equity
Direct
Sector - Technology
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl

About the Fund

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

  1. Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl has ₹4295 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl has given a CAGR return of 17.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.73%, 11.12% and 23.40% respectively.

Holdings

Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Tech, Communication, Industrial, Consumer Cyclical. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, HCL Technologies Ltd, LTIMindtree Ltd

Taxation

As it is a sector - technology mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl

The primary investment objective of the scheme is to generate long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of IDCW.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 0.00. Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
17 people have invested ₹ 21.3K in Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
0.78%
Benchmark
Benchmark
S&P BSE IT
AUM
AUM
₹4295 Cr
Inception Date
Inception Date
14 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/--
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
31.42%

Fund Distribution
as on (31-May-24)

  • Equity 98.3%

  • Debt & Cash 1.7%

Large cap
68.7%

Small cap
19.5%

Mid cap
10.1%

Sector Allocation

May'24

Apr'24

Mar'24

Tech
72.5%
Communication
14.8%
Industrial
9.7%
Consumer Cyclical
2.9%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Kunal Sangoi
Kunal Sangoi
Fund Manager of Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl, since 16 January 2014

Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.43% since inception which is less than its category average return of 27.59%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.27% in Equity, 0% in Debt and 1.73% in Cash related instruments
AUM size ₹4295 Cr

AUM size ₹4295 Cr

This fund has AUM of ₹4295 Cr which is more than its category average of ₹ 2959 Cr
Expense Ratio 0.78%

Expense Ratio 0.78%

This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.25%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl is ₹60.24 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Aditya Birla Sun Life Digital India Fund Direct Plan Rnvstmnt Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
7.61%
7.61%
6 Month Returns
6.78%
6.78%
1 Year Returns
19.73%
19.73%
3 Years Returns
37.21%
11.12%
5 Years Returns
186.19%
23.4%
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0.78% as on May 2024
₹4295 Cr as on May 2024
Infosys Ltd(23.17%), Tata Consultancy Services Ltd(10.91%), Bharti Airtel Ltd(9.19%), HCL Technologies Ltd(7.01%), LTIMindtree Ltd(5.86%) as on May 2024
Tech(71.29%), Communication(14.58%), Industrial(9.54%) as on May 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
-6.46
0.19
4.2
As on May 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
1
0.95
1.02
As on May 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
0.45
0.33
0.82
As on May 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
15.38
18.13
20.83
As on May 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 0.49 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
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%