Aditya Birla SL Digital India Fund – Direct Growth

100
Min SIP
1,000
Min Lumpsum
0.76 %
Expense Ratio
Rating
4,716
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 21 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 34.5% 22.7% 27.1% 23%
Category Average 22.6% 15.8% 19.6% -

Scheme Allocation

By Holding
By Sector
By Asset
24.14%
TCS
10.33%
7.16%
Others
42.25%
View all Holdings
Holdings Sector Instrument Asset
Infosys IT - Software Equity 24.14%
TCS IT - Software Equity 10.33%
HCL Technologies IT - Software Equity 9.23%
LTIMindtree IT - Software Equity 7.16%
Bharti Airtel Telecomm-Service Equity 6.89%
Cyient IT - Software Equity 4.82%
Coforge IT - Software Equity 3.91%
Tech Mahindra IT - Software Equity 2.62%
Sonata Software IT - Software Equity 2.5%
Wipro IT - Software Equity 2.25%
Zomato Ltd E-Commerce/App based Aggregator Equity 2.16%
Rategain Travel IT - Software Equity 2.15%
CMS Info Systems Miscellaneous Equity 1.5%
FSN E-Commerce E-Commerce/App based Aggregator Equity 1.24%
Latent View IT - Software Equity 1.18%
Birlasoft Ltd IT - Software Equity 0.99%
Zee Entertainmen Entertainment Equity 0.99%
Tanla Platforms IT - Software Equity 0.88%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.88%
Persistent Sys IT - Software Equity 0.84%
KPIT Technologi. IT - Software Equity 0.81%
Honeywell Auto Electronics Equity 0.75%
Firstsour.Solu. IT - Software Equity 0.7%
One 97 E-Commerce/App based Aggregator Equity 0.68%
Tata Comm Telecomm-Service Equity 0.64%
Cyient DLM Electronics Equity 0.58%
Bharti Airtel PP Telecomm-Service Equity 0.37%
Netweb Technolog IT - Software Equity 0.32%
IT-Software
68.98%
Telecom-Services
7.89%
Others
5.97%
IT-Services
4.82%
Retailing
4.27%
Others
8.07%
View all Sectors
Sectors Asset
IT-Software 68.98%
Telecom-Services 7.89%
Others 5.97%
IT-Services 4.82%
Retailing 4.27%
Debt 2.86%
Commercial Services & Sup 2.19%
Industrial Manufacturing 1.33%
Entertainment 0.99%
Financial Technology (Fin 0.68%
IT-Hardware 0.32%
Cash & Others -0.31%
Equity
91.48%
Foreign Equity
5.47%
Reverse Repos
2.86%
Mutual Funds Units
0.4%
Derivatives
0.11%

Advance Ratio

7.57
Alpha
5.14
SD
0.95
Beta
0.91
Sharpe

Exit Load

Exit Load For redemption / switch-out of units on or before 30 days from the date of allotment: 1% of applicable NAV. For redemption / switch-out of units after 30 days from the date of allotment: : Nil

Fund Objective

The Aditya Birla Sun Life Digital India fund is an open-ended multi-sectoral equity scheme launched on January 15, 2000. The plan behind the formulation of this fund was the imperative need for long-term capital growth through a portfolio of 100% equity investments made specifically in technology and technology-enabled or dependent companies.

Mr. Kunal Sangoi is managing this fund. It is benchmarked against S&P BSE Teck Total Return Index. The top 3 sectors under this policy constitute around 93.58% of the assets.

Pros and Cons

Pros

Cons

The expense ratio in this fund is lower than most other mutual funds. The fund comes with a very high risk.
This fund is among the most bought funds within the category.  
The fund has shown very high returns for both 3Y and 5Y.  

 

How to Invest in Aditya Birla Sun Digital India fund?

Before investing in Aditya Birla Sun Life Digital India Fund, an investor should look out for the following parameters:

They should compare returns on the basis of the method of investment, either lump sum or SIP. The SIP rate of return is calculated by comparing the extended internal rate of returns by the fund, whereas the Lumpsum return is calculated by checking the general annualised return of the funds.

The fund’s returns must always be compared with the risks undertaken by investing in that fund. No matter how lucrative a fund may appear owing to the high profits promised by it, if the risk factor does not justify investing in it, then the investor should pass, keeping in mind the unpredictability of the stock market.

What is the Expense Ratio?

The fund where the investment is made charges an amount as that fund’s expense ratio from the investors in order to manage and oversee the fund on their behalf.

Who should invest in Aditya Birla Sun Digital India fund?

For making an investment in the Aditya Birla Sun Digital India Fund, investors need to be aware of its portfolio. The portfolio of this fund would reveal the fund’s exposure to various industries, the significant stocks that make up the majority of the fund’s holdings, and the degree of ‘overlap’ that might exist if you hold multiple funds concurrently.

This type of fund is the most appropriate one if an investor wishes to specialise in investing only in technology-related stocks, securities, and assets. Such is the specialty of this fund, which enables technology-interested investors to pursue their preferences.

Investing in this fund will require the prospective investors to possess unique insight and prowess into the specific areas of the investment, namely, technology. Additionally, the investor will need to have the inclination and capacity to monitor the prospects closely. Thus, there is a rigid nature to its portfolio, and investors are asked to be well-versed in it.

Benefits

● The Aditya Birla Sun Digital India Fund has stock holdings in the best technology-related industries in the market. It has shares in Infosys Ltd (25.5%), Tata Consultancy Services Ltd (10.5%), HCL Technologies Ltd (8.9%), Tech Mahindra Ltd (8%), and LTIM Ltd (6.6%).
● The record of returns of this fund has impressed many. The annualised trailing returns over different time periods are -10.70% (1yr), 28.9% (3yr), 21.5% (5yr), and 21.6% (since launch). Whereas, Category returns for the same time duration are: -10.8% (1yr), 21.8% (3yr), and 17.10% (5yr), respectively.
● According to Treynor’s ratio, this fund shows better risk-adjusted returns of 27.32 in the fund versus 26.18 as its category average. So, there is much security to it, and puts the investors’ worries to rest.
● The fund makes it efficient and profitable for investing in the rapidly growing technological and tech-derivative industries. These developing sectors are bound to produce many profits for the investor.

 

Fund Managers

Kunal Sangoi

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Address:
One World Centre,Tower 1,17th Flr, Jupiter Mills,senapati Bapat Marg,Elphinstone Road, Mumbai 400013
Contact:
43568000
Email ID:
care.mutualfunds@adityabirlacapital.com

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Frequently Asked Questions

How to invest in Aditya Birla SL Digital India Fund – Direct Growth ?

You can invest in Aditya Birla SL Digital India Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Aditya Birla SL Digital India Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Aditya Birla SL Digital India Fund – Direct Growth ?

The NAV of Aditya Birla SL Digital India Fund – Direct Growth is ₹180.2 as of 21 February 2024.

How to redeem Aditya Birla SL Digital India Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Aditya Birla SL Digital India Fund – Direct Growth?

The minimum SIP amount of Aditya Birla SL Digital India Fund – Direct Growth is ₹100

What are the top sectors Aditya Birla SL Digital India Fund – Direct Growth has invested in?

The top sectors Aditya Birla SL Digital India Fund – Direct Growth has invested in are
  1. IT-Software - 68.98%
  2. Telecom-Services - 7.89%
  3. Others - 5.97%
  4. IT-Services - 4.82%
  5. Retailing - 4.27%

Can I make investments in both the SIP and Lump Sum schemes of Aditya Birla SL Digital India Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Aditya Birla SL Digital India Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Aditya Birla SL Digital India Fund – Direct Growth generated ?

The Aditya Birla SL Digital India Fund – Direct Growth has delivered 23% since inception

What is the expense ratio of Aditya Birla SL Digital India Fund – Direct Growth ?

The expense ratio of Aditya Birla SL Digital India Fund – Direct Growth is 0.76 % as of 21 February 2024.

What is the AUM of Aditya Birla SL Digital India Fund – Direct Growth?

The AUM of Aditya Birla SL Digital India Fund – Direct Growth is ₹3,12,323 Cr as of 21 February 2024

What are the top stock holdings of Aditya Birla SL Digital India Fund – Direct Growth?

The top stock holdings of Aditya Birla SL Digital India Fund – Direct Growth are
  1. Infosys - 24.14%
  2. TCS - 10.33%
  3. HCL Technologies - 9.23%
  4. LTIMindtree - 7.16%
  5. Bharti Airtel - 6.89%

How can I redeem my investments in Aditya Birla SL Digital India Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Aditya Birla SL Digital India Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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