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Unrated

Aditya Birla Sun Life Nifty IT ETF


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 flexi-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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -1.58 -1.84 -1.33 3.93 -- -- -- -- -- -- --
S&P BSE IT TRI 1.67 0.09 2.38 6.99 -- -- -- -- -- -- --
Equity: Sectoral-Technology -1.63 -1.76 -1.23 3.36 -- -- -- -- -- -- --
Rank within category 3 8 5 1 -- -- -- -- -- -- --
Number of funds in category 11 11 11 11 10 10 8 5 5 4 4

As on 18-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Nifty IT ETF  | Invest Online
Unrated
Oct-21 -- -- -- -- 39
ICICI Prudential Technology Fund  | Invest Now
Unrated
Mar-00 68.17 42.43 34.35 2.06% 7,909
Tata Digital India Fund - Regular Plan  | Invest Online
Unrated
Dec-15 63.19 40.33 34.25 1.97% 4,900
ICICI Prudential IT ETF  | Invest Now
Unrated
Aug-20 48.83 -- -- 0.20% 3,194
Aditya Birla Sun Life Digital India Fund  | Invest Online
Unrated
Jan-00 62.04 41.96 33.17 2.13% 3,176

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.77 20-Dec-2021 - 27-Dec-2021 -4.62 17-Nov-2021 - 24-Nov-2021
Month 10.84 26-Nov-2021 - 28-Dec-2021 -2.00 15-Nov-2021 - 15-Dec-2021
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE IT TRI* 37.60 22.42 1.51 2.62 -- --
Equity: Sectoral-Technology* 37.07 20.31 1.64 2.25 0.84 5.00
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 10
Top 10 Stocks (%) 99.98
Top 5 Stocks (%) 79.99
Top 3 Sectors (%) 99.98
Portfolio P/B Ratio 10.22
Portfolio P/E Ratio 37.45

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 4,31,452 3,83,876
Giant (%) 80.00 76.02
Large (%) 17.19 14.00
Mid (%) 2.81 8.29
Small (%) -- 3.64
Tiny (%) -- 0.39

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
up Infosys Technology 36.53 27.52 26.08 27.52
up Tata Consultancy Services Technology 38.48 25.09 23.04 25.09
up HCL Technologies Technology 29.56 9.28 8.13 9.28
down Wipro Technology 28.11 9.19 9.11 9.16
down Tech Mahindra Technology 31.87 9.93 8.95 8.95
down L&T Infotech Technology 55.53 5.75 5.34 5.34
down MindTree Technology 46.65 5.22 4.91 4.91
down Mphasis Technology 43.76 4.82 4.42 4.48
up Coforge Technology 62.62 2.81 2.30 2.81
down L&T Technology Services Engineering 60.26 2.67 2.34 2.45

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-2021

Fund Manager

— Kedarnath Mirajkar since 20-Oct-2021

Education: Mr. Mirajkar has done PGDBM (Finance)

Experience: Prior to joining ABSLAMC, he has worked with HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.

Funds Managed:

— Lovelish Solanki since 20-Oct-2021

Education: He has done BMS and MMS in finance.

Experience: Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.

Funds Managed:


-2.08%

Change from previous, NAV as on 19-Jan-2022

Growth: ₹ 37.2342


Investment Strategy

The scheme seeks to provide returns that before expenses, closely correspond to the total returns of securities as represented by Nifty Information Technology TRI, subject to tracking errors.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) --
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 29-Oct-2021
Return Since Launch: 8.26%
Benchmark: NIFTY IT TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 39 Cr (As on 31-Dec-2021)
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

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: http://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

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