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
Expense Ratio: 2.45% As on (31-03-2021)
Status: Open Ended Schemes
Minimum Investment: 1000.0
Minimum Topup: 1000.0
Total Assets: 1,238.35 Cr As on (30-04-2021)
Turn over: 64% | Exit Load: 1% for redemption within 30 days

98.86

11.33%

PERFORMANCE

Returns Type:
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End : 
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This Scheme
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vs
S&P BSE Teck TRI
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Gold
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PPF
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Returns Type:
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Period:  

RETURNS ANALYSIS

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

Volatility 16.83
Sharp Ratio -0.03
Alpha 4.96
Beta 1.04
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 106.13 38.62 25.87 22.19 17.72
ICICI Prudential Technology Fund - Growth 03-03-2000 126.4 38.72 27.43 21.82 19.84
Tata Digital India Fund-Regular Plan-Growth 05-12-2015 103.92 32.58 23.94 20.79 -
SBI TECHNOLOGY OPPORTUNITIES FUND - REGULAR PLAN - GROWTH 01-01-2013 81.01 30.93 22.78 19.14 -
Franklin India Technology Fund-Growth 22-08-1998 72.37 29.72 22.12 18.72 15.63

Scheme Characteristics

Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

25.79%

Others

6.9%

Large Cap

53.57%

Mid Cap

13.71%

Scheme Documents

March 2021

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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