Fund Details
Aditya Birla Sun Life Digital India Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.37% |
| NAV | ₹98.68 (13 Apr 2021) |
|---|---|
| Fund Started | 15 Jan 2000 |
| Fund Size | ₹1,148 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 5Y Returns are higher than the category average returns
1. Higher expense ratio - 2.64%
2. 1Y Returns are lower than the category average returns
3. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 21.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 9.9% |
| Tech Mahindra Ltd. | Technology | Equity | 8.5% |
| HCL Technologies Ltd. | Technology | Equity | 7.2% |
| Just Dial Ltd. | Services | Equity | 4.8% |
| Bharti Airtel Ltd. | Communication | Equity | 4.7% |
| Cyient Limited | Technology | Equity | 4.3% |
| Honeywell Automation India Ltd. | Engineering | Equity | 3.4% |
| Persistent Systems Ltd. | Technology | Equity | 3.0% |
| Firstsource Solutions Ltd. | Services | Equity | 3.0% |
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 ₹1,148 Cr and the Latest NAV as of 13 Apr 2021 is ₹98.68.
The Aditya Birla Sun Life Digital India Fund Growth is rated Very 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.
