Aditya Birla Sun Life Digital India Fund - Growth - Regular Plan
(Erstwhile Aditya Birla Sun Life New Millenium Fund - Growth - Regular Plan)
Fund House: Aditya Birla Sun Life Mutual Fund| Category: Equity: Sectoral-Technology |
| Launch Date: 15-01-2000 |
| Asset Class: Equity |
| Benchmark: S&P BSE Teck TRI |
| TER: 1.89% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 4,563.3 Cr As on (31-03-2024) |
| Turn over: 31% | Exit Load: Exit load of 1% if redeemed within 30 days. |
149.53
0.21 (0.1404%)
11.76%
Benchmark: 12.74%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
6 Years 11 Months
17 Years 10 Months
18 Years 3 Months
21 Years 2 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 17.99 |
| Sharpe Ratio | 0.67 |
| Alpha | 4.57 |
| Beta | 0.88 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Digital India Fund - Growth - Regular Plan | 15-01-2000 | 29.81 | 11.29 | 14.13 | 22.99 | 19.03 |
| Franklin India Technology Fund-Growth | 22-08-1998 | 57.39 | 25.31 | 18.04 | 22.79 | 17.8 |
| Tata Digital India Fund-Regular Plan-Growth | 05-12-2015 | 34.97 | 12.07 | 15.83 | 22.32 | - |
| ICICI Prudential Technology Fund - Growth | 03-03-2000 | 30.41 | 9.43 | 14.33 | 23.79 | 18.75 |
| SBI Technology Opportunities Fund - Regular Plan - Growth | 01-01-2013 | 25.69 | 12.99 | 15.36 | 21.41 | 17.39 |
Scheme Characteristics
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
19.85%
Others
10.32%
Large Cap
62.3%
Mid Cap
7.53%
