Historical NAV & returns
NAV: ₹167.79 as on Apr 16, 2024
This fund Category average
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This fund Category average
ET Money rank in Sectoral-Technology
#4
of 5 funds
Consistency of returns
3.0
- Average
Protection from volatility
3.0
- Average
Return Outperformance: This fund has generated highest return amongst Sectoral-Technology funds in the last 10 Years.
Chance: This fund has generated a 16.03% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Sectoral-Technology funds.
Exit Load: Exit load of 1% if redeemed within 30 days.
Fund overview
VRO rating | N.A. |
Expense ratio | 0.75%as on Mar 31, 2024 |
Exit load | 1.0% Exit load of 1% if redeemed within 30 days.! |
AUM (Fund size) | ₹4,563 Crs |
Lock-in | No Lockin |
Age | 11 yrs 3 m since Jan 01, 2013 |
Benchmark | S&P BSE Teck TRI |
Min. investment | SIP ₹1000 & Lump. ₹1000 |
Risk | Very High |
Short term capital gains (STCG) | Returns taxed at 15% if you redeem before 1 year |
Long term capital gains (LTCG) | After 1 year, pay tax of 10% on returns of ₹1 lakh+ in a financial year |
Returns calculator
Investment type
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
- Total investment ₹ 12 lakh
- Profit ₹12 lakhs
- Total corpus ₹1 lakh
- Absolute return 52.69%
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Trailing returns as on Apr 18, 2024
Period | This fund | Category average |
---|---|---|
1 month | -5.2% | -3.126666666666667% |
3 months | -6.25% | -1.6914285714285715% |
6 months | 8.27% | 13.997142857142856% |
1 year | 35.83% | 39.83999999999999% |
3 years | 16.81% | 17.318% |
5 years | 24.65% | 23.950000000000003% |
10 years | 20.06% | 19.08% |
Asset allocationas on Mar 31, 2024
Large Cap 68.31133756082157%
Mid Cap 8.461999668169765%
Small Cap 19.965832811334746%
Other Cap 9.673910931692026E-9%
Top holdings
Infosys Ltd.22.09%
Tata Consultancy Services Ltd.11.03%
Bharti Airtel Ltd.8.01%
HCL Technologies Ltd.7.27%
Top sectors
Technology 74.92%
Communication 10.0%
Services 8.67%
Capital Goods 1.4100000000000001%
Credit quality
Bifurcation by Credit Quality is not available for this fund
Top Debt Holdings
Bifurcation by Holding is not available for this fund
Allocation by Instruments
Foreign - Equity 5.31888321%
Reverse Repo 3.47379278%
Mutual Fund 0.39813424%
Cash 3.506E-5%
Other Holdings
Others 3.47%
Aditya Birla Sun Life Nifty IT ETF - Growth 0.4%
Peer comparison
Fund name | ETM Rank | AUM (in Crs.) | Fund age | Expense ratio |
---|---|---|---|---|
SBI Technology Opportunities Fund | #1 | ₹3,668 Crs | 11 yrs 3 m | 0.85% |
ICICI Prudential Technology Fund | #2 | ₹11,977 Crs | 11 yrs 3 m | 0.94% |
Tata Digital India Fund | #3 | ₹9,711 Crs | 8 yrs 4 m | 0.31% |
Aditya Birla Sun Life Digital India Fund | #4 | ₹4,563 Crs | 11 yrs 3 m | 0.75% |
Franklin India Technology Fund | #5 | ₹1,377 Crs | 11 yrs 3 m | 1.06% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
SBI Technology Opportunities Fund | -5.19% | 9.31% | 29.45% | 17.14% | 22.58% | 18.42% |
ICICI Prudential Technology Fund | -5.48% | 10.43% | 33.79% | 16.28% | 24.43% | 19.46% |
Tata Digital India Fund | -3.86% | 15.01% | 39.77% | 18.05% | 24.33% | 16.84% |
Aditya Birla Sun Life Digital India Fund | -5.2% | 8.27% | 35.83% | 16.81% | 24.65% | 20.06% |
Franklin India Technology Fund | 1.95% | 23.37% | 60.36% | 18.31% | 23.76% | 18.38% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
SBI Technology Opportunities Fund | 17.11 | 0.82 | 0.81 | 1.27 |
ICICI Prudential Technology Fund | 18.49 | 0.91 | 0.69 | 1.14 |
Tata Digital India Fund | 18.51 | 0.91 | 0.78 | 1.24 |
Aditya Birla Sun Life Digital India Fund | 18.01 | 0.89 | 0.74 | 1.19 |
Franklin India Technology Fund | 16.91 | 0.76 | 0.82 | 1.29 |
View all funds
Key risk & return ratios Compared to other funds in the category
Alpha | 5.79vs.2.927318 Higher outperformance against benchmark |
Sharpe | 0.74vs.7.229957 Poor risk-adjusted returns |
Beta | 0.89vs.0.5689899 More sensitive to market's ups & downs |
Standard deviation | 18.01vs.9.891435 More volatile performance |
Alpha
Alpha in mutual funds measures excess return relative to a benchmark, indicating a manager's skill at generating returns beyond market performance.
Sharpe
Sharpe Ratio evaluates a fund's return relative to its risk. Higher values signify better risk-adjusted performance.
Beta
Beta in mutual funds indicates a fund's sensitivity to market changes. A beta over 1 means it's more volatile than the market, while below 1 implies less volatility.
Standard deviation
Standard deviation measures the volatility of a fund's returns. The higher the value, the riskier the investment.
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About this fund
About Aditya Birla Sun Life Digital India Fund
Aditya Birla Sun Life Digital India Fund Direct-Growth is a Sectoral-Technology mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 11 yrs 3 m, having been launched on 01/01/2013. Aditya Birla Sun Life Digital India Fund Direct-Growth has ₹4,563 Crores worth of assets under management (AUM) as on 31/03/2024 and is medium-sized fund of its category. The fund has an expense ratio of 0.75%, which is close to what most other Sectoral-technology funds charge.
- Aditya Birla Sun Life Digital India Fund Direct-Growth returns of last 1-year are 30.45%. Since launch, it has delivered 21.76% average annual returns. The fund has doubled the money invested in it every 4 yrs.
- Aditya Birla Sun Life Digital India Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
- The fund has the majority of its money invested in Technology, Communication, Services, Capital Goods, Consumer Discretionary sectors. It has taken less exposure in Technology, Communication sectors compared to other funds in the category.
- The fund's top 5 holdings are in Infosys Ltd., Tata Consultancy Services Ltd., Bharti Airtel Ltd., HCL Technologies Ltd., LTIMindtree Ltd..
...
Fund AUM | ₹4,563 Crs as on Mar 31, 2024 |
Scheme document | View Scheme Document |
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.
Aditya Birla Sun Life Mutual Fund details
No. of schemes | 79 view all schemes |
Total AUM | ₹3,32,579 Crs as on Mar 31, 2024 |
Address | One World Center, Tower 1, 17th Floor, Jupiter Mill Compound Senapati Bapat Marg, Elphinstone Road Mumbai, 400013 |
More funds from Aditya Birla Sun Life Mutual Fund
Fund name | ETM Rank | AUM (in Crs.) | 1Y | 5Y |
---|---|---|---|---|
Aditya Birla Sun Life PSU Equity Fund | N.A. | ₹3,404 Crs | 95.8% | N.A. |
N.A. | ₹700 Crs | 55.52% | N.A. | |
Aditya Birla Sun Life Infrastructure Fund | #17 | ₹986 Crs | 59.25% | 22.52% |
Aditya Birla Sun Life Dividend Yield Fund | #6 | ₹1,271 Crs | 50.84% | 21.23% |
Aditya Birla Sun Life Mid Cap Fund | #21 | ₹4,913 Crs | 49.8% | 19.28% |
See all funds from this AMC
Frequently asked questions
How fund report card works
Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.
However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.
At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.
In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.
How are the returns of Aditya Birla Sun Life Digital India Fund ?
The Aditya Birla Sun Life Digital India Fund is a 11 yrs 3 m old fundand has delivered average annual returns of 21.75% since inception.
Aditya Birla Sun Life Digital India Fund Returns
1-Year | 3-Year | 5-Year | 10-Year | Since Inception |
---|---|---|---|---|
35.83% | 16.81% | 24.65% | 20.06% | 21.75% |
What is the current NAV of Aditya Birla Sun Life Digital India Fund?
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Aditya Birla Sun Life Digital India Fund for Apr 16, 2024 is 167.79.
How do I invest in Aditya Birla Sun Life Digital India Fund?
On ET Money, Investing in Aditya Birla Sun Life Digital India Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
- Click on the Invest Now Button present on the top right-hand side.
- Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
- Provide few more details needed including the bank account from which you will be making the payment and confirm.
- That's it. Your SIP or one-time investment in Aditya Birla Sun Life Digital India Fund is done.
How much does Aditya Birla Sun Life Digital India Fund charge as expense ratio?
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Aditya Birla Sun Life Digital India Fund is 0.75%..
How can I redeem my investments in Aditya Birla Sun Life Digital India Fund?
Redeeming your investments in Aditya Birla Sun Life Digital India Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Aditya Birla Sun Life Digital India Fund from anywhere else, you can go to the fund house website and put a request through it.
What is the AUM or size of Aditya Birla Sun Life Digital India Fund?
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Aditya Birla Sun Life Digital India Fund is ₹4,563 Crs.
What are the top stock holdings of Aditya Birla Sun Life Digital India Fund?
The Aditya Birla Sun Life Digital India Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
Infosys Ltd. | 22.09% |
Tata Consultancy Services Ltd. | 11.03% |
Bharti Airtel Ltd. | 8.01% |
HCL Technologies Ltd. | 7.27% |
LTIMindtree Ltd. | 6.71% |
Cyient Ltd. | 5.04% |
Coforge Ltd. | 3.35% |
Sonata Software Ltd. | 2.77% |
Zomato Ltd. | 2.74% |
Tech Mahindra Ltd. | 2.53% |
What are the top sectors Aditya Birla Sun Life Digital India Fund has invested in?
The Aditya Birla Sun Life Digital India Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Technology | 74.92% |
Communication | 10.0% |
Services | 8.67% |
Capital Goods | 1.4100000000000001% |
Consumer Discretionary | 0.81% |
Others | 0.53% |
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