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Aditya Birla Sun Life Digital India Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.71 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.61 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in shares of companies in the information technology sector.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.85 0.84 1.26 5.37 12.34 10.69 13.42 19.62 11.50 17.45 --
S&P BSE IT TRI 4.02 1.09 -0.28 2.79 12.58 4.60 10.91 20.14 9.67 16.47 --
Equity: Sectoral-Technology 5.14 0.79 0.51 4.30 12.71 7.87 10.01 19.42 9.63 17.16 --
Rank within category 1 2 1 1 3 1 2 2 1 1 --
Number of funds in category 4 4 4 4 4 4 4 4 3 3 0

As on 22-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 19.39 (25-Jun-2013 - 25-Jul-2013) -11.74 (29-Jan-2016 - 29-Feb-2016)
Quarter 26.12 (12-Jun-2013 - 11-Sep-2013) -13.31 (30-Nov-2015 - 29-Feb-2016)
Year 55.81 (08-Sep-2017 - 10-Sep-2018) -13.59 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.42 13.17 0.81 1.88 0.67 2.91
S&P BSE IT TRI 17.39 16.95 1.47 -- -- --
Equity: Sectoral-Technology 15.91 13.43 0.76 1.65 0.72 1.83
Rank within category 2 4 1 2 2 1
Number of funds in category 5 5 5 5 5 5

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 24
Top 10 Stocks (%) 80.97
Top 5 Stocks (%) 62.18
Top 3 Sectors (%) 88.14
Portfolio P/B Ratio 3.81
Portfolio P/E Ratio 18.30

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 99,806 1,43,849
Giant (%) 61.25 70.13
Large (%) 7.82 7.81
Mid (%) 12.13 11.75
Small (%) 18.80 10.26
Tiny (%) -- 0.24

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Infosys Technology 20.06 33.46 23.22 30.06
up HCL Technologies Technology 15.36 10.55 8.59 9.97
down Tata Consultancy Services Technology 25.54 13.13 1.86 7.93
up Tech Mahindra Technology 17.00 10.42 5.26 7.67
down Bharti Airtel Communication -- 9.11 0.00 6.56
equal Honeywell Automation Engineering 59.06 5.26 0.00 5.21
equal Just Dial Services 15.03 3.76 0.00 3.76
equal Apple Inc. (USA) Cons Durable -- 3.52
down Sun TV Network Services 13.89 7.50 0.00 3.49
up MindTree Technology 23.93 7.38 0.00 3.18
up Majesco Technology 24.94 5.12 0.00 3.15
down Persistent Systems Technology 16.11 6.78 1.00 2.98
equal KPIT Technologies Technology 13.59 2.36 0.00 2.27
up Cyient Technology 11.25 6.36 0.40 2.22
equal Microsoft Corportion (US) Technology -- 1.97
up Sonata Software Technology 13.00 6.33 0.00 1.16
equal Quess Corp Financial 33.10 1.21 0.00 1.13
down Sterlite Technologies Communication 10.06 6.66 0.00 0.82
down INOX Leisure Services 27.99 6.11 0.31 0.50
equal Entertainment Network Services 30.40 1.83 0.00 0.24
down Indiamart Intermesh Services 52.45 2.19 0.00 0.19
equal Magnasound Services -- 0.00 0.00 0.00
equal Oriqua FMCG -- 0.00 0.00 0.00
equal Sree Rama Polymers Chemicals -- 0.00 0.00 0.00
equal Jainpur Straw Board & Papers FMCG -- 0.00 0.00 0.00

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Kunal Sangoi since 15-Jan-2014

Education: Mr. Sangoi is a B.Com (H) and Chartered Accountant.

Experience: Prior to joining Birla Sun Life AMC he has worked with Edelweiss Financial Services Ltd


0.84%

Change from previous, NAV as on 22-Jan-2020

Growth: ₹ 61.1800

Dividend: ₹ 26.6500


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 18.78%
Benchmark: S&P BSE Teck TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 428 Cr (As on 31-Dec-2019)
Expense: 1.67% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: --
Turnover: 93.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend31-Jul-20191.6026

 31-Jul-20182.0896

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM