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: 2.09% As on (31-08-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 3,134.77 Cr As on (31-08-2022) |
| Turn over: 28% | Exit Load: 1% for redemption within 30 days |
110.78
1.2 (1.0832%)
11.16%
S&P BSE Teck TRI 10.5%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
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 | 1.03 |
| Alpha | 6.39 |
| Beta | 0.89 |
| 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 | -17.73 | 24.35 | 26.67 | 24.66 | 19.59 |
| SBI Technology Opportunities Fund - Regular Plan - Growth | 01-01-2013 | -13.28 | 25.33 | 24.61 | 23.46 | - |
| Tata Digital India Fund-Regular Plan-Growth | 05-12-2015 | -18.68 | 24.62 | 26.08 | 25.73 | - |
| ICICI Prudential Technology Fund - Growth | 03-03-2000 | -18.79 | 25.61 | 28.99 | 25.74 | 20.62 |
| Franklin India Technology Fund-Growth | 22-08-1998 | -22.04 | 11.84 | 20.11 | 17.65 | 15.46 |
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
13.38%
Others
9.67%
Large Cap
67.2%
Mid Cap
9.73%
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
