Fund Details
Aditya Birla Sun Life Digital India Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.55% |
| NAV | ₹99.05 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹861 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 1.59%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 24.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 10.2% |
| Tech Mahindra Ltd. | Technology | Equity | 7.7% |
| HCL Technologies Ltd. | Technology | Equity | 6.3% |
| Bharti Airtel Ltd. | Communication | Equity | 5.6% |
| Cyient Limited | Technology | Equity | 5.1% |
| Just Dial Ltd. | Services | Equity | 5.0% |
| Majesco Ltd. | Technology | Equity | 4.0% |
| Honeywell Automation India Ltd. | Engineering | Equity | 3.5% |
| Apple Inc. (USA) | Cons Durable | Forgn. Eq | 2.9% |
Fund Managers
Aditya Birla Sun Life Digital India Fund Direct Growth Details
Aditya Birla Sun Life Digital India Fund Direct Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Kunal Sangoi is the Current Fund Manager of Aditya Birla Sun Life Digital India Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹861 Cr and the Latest NAV as of 20 Jan 2021 is ₹99.05.
The Aditya Birla Sun Life Digital India Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 30 days.
Investment Objective
The fund seeks capital growth, with a secondary objective of income generation with focus on technology and technology dependent companies. The scheme will follow a bottom-up approach to stock picking, adopting a blend of value and growth style of investing.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
