Fund Details
Aditya Birla Sun Life Digital India Fund Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.65% |
| NAV | ₹92.47 (22 Jan 2021) |
|---|---|
| Fund Started | 15 Jan 2000 |
| Fund Size | ₹861 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. 3Y Returns are higher than the benchmark
4. Age is more than 10 years
5. 5Y Returns are higher than the category average returns
6. 1Y 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
4. 1Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.63%
9. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 25.1% |
| Tata Consultancy Services Ltd. | Technology | Equity | 10.7% |
| HCL Technologies Ltd. | Technology | Equity | 7.8% |
| Tech Mahindra Ltd. | Technology | Equity | 7.3% |
| Bharti Airtel Ltd. | Communication | Equity | 6.8% |
| Cyient Limited | Technology | Equity | 4.6% |
| Just Dial Ltd. | Services | Equity | 4.4% |
| Honeywell Automation India Ltd. | Engineering | Equity | 3.5% |
| Apple Inc. (USA) | Cons Durable | Forgn. Eq | 2.8% |
| Persistent Systems Ltd. | Technology | Equity | 2.8% |
Fund Managers
Aditya Birla Sun Life Digital India Fund Growth Details
Aditya Birla Sun Life Digital India Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 15 Jan 2000. Kunal Sangoi is the Current Fund Manager of Aditya Birla Sun Life Digital India Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹861 Cr and the Latest NAV as of 22 Jan 2021 is ₹92.47.
The Aditya Birla Sun Life Digital India Fund 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.
