Equity
Direct
Sector - Technology
NAV as on 06-09-2024
₹ 206.51
1D
Inception Returns
23.1%
/yr
Aditya Birla Sun Life Digital India Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kunal Sangoi. The fund could potentially beat inflation in the long-run.
Aditya Birla Sun Life Digital India Fund Direct Growth has given a CAGR return of 23.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.00%, 12.98% and 29.11% respectively.
Aditya Birla Sun Life Digital India Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Industrial, Consumer Cyclical. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, HCL Technologies Ltd, LTIMindtree Ltd
As it is a sector - technology mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The primary investment objective of the scheme is to generate long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of IDCW.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Digital India Fund Direct Growth has no lock in period.
Expense ratio | 0.75% |
Benchmark | S&P BSE IT |
AUM | ₹5138 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 30.72% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Tech, Communication & Industrial
Aditya Birla Sun Life Digital India Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.82% | 7.82% |
6 Month Returns | 15.43% | 15.43% |
1 Year Returns | 32% | 32% |
3 Years Returns | 44.23% | 12.98% |
5 Years Returns | 258.77% | 29.11% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Digital India Fund Direct Growth | -4.87 | 1.97 | 5.98 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Digital India Fund Direct Growth | 1.01 | 0.98 | 1.01 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Digital India Fund Direct Growth | 1.51 | 0.5 | 1.11 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Digital India Fund Direct Growth | 18.17 | 18.43 | 21.22 |