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Aditya Birla Sun Life Digital India Fund

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Equity: Sectoral-Technology

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1 Lakh

Investment Grown to
₹ 2.00 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.32 Lakh

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 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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cal

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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 39.09 -0.05 0.32 7.87 26.34 66.29 39.27 25.92 16.17 17.06 13.51
S&P BSE IT TRI 44.10 -0.44 -1.65 10.68 25.67 77.02 44.44 30.88 16.42 16.78 15.85
Equity: Sectoral-Technology 38.44 -0.13 -1.61 8.15 24.36 66.51 39.52 25.35 14.64 16.11 14.46
Rank within category 2 4 1 4 2 3 3 3 1 2 4
Number of funds in category 5 7 7 7 6 5 5 5 4 4 4

As on 21-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Digital India Fund  | Invest Online
Unrated
 Jan-00 39.27 25.92 16.17 2.63 611
ICICI Prudential IT ETF  | Invest Now
Unrated
 Aug-20 -- -- -- 0.22 1,325
Nippon India ETF Nifty IT - Regular Plan  | Invest Online
Unrated
 Jun-20 -- -- -- 0.22 708
ICICI Prudential Technology Fund  | Invest Now
Unrated
 Mar-00 44.95 26.50 14.87 2.51 692
Tata Digital India Fund - Regular Plan  | Invest Online
Unrated
 Dec-15 37.14 27.19 -- 2.61 540

Best & Worst Performance

Best (Period) Worst (Period)
Week 34.84 (12-Apr-2001 - 20-Apr-2001) -27.59 (29-Mar-2000 - 05-Apr-2000)
Month 48.63 (07-Nov-2001 - 07-Dec-2001) -41.30 (07-Mar-2000 - 06-Apr-2000)
Quarter 91.02 (09-Oct-2001 - 08-Jan-2002) -54.48 (25-Feb-2000 - 26-May-2000)
Year 131.15 (12-Mar-2009 - 12-Mar-2010) -72.89 (21-Sep-2000 - 21-Sep-2001)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 24.61 21.14 0.92 1.25 0.84 0.35
S&P BSE IT TRI 27.82 22.57 1.01 1.90 -- --
Equity: Sectoral-Technology 23.98 20.87 0.91 1.39 0.87 -0.86
Rank within category 3 3 1 4 3 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 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 23
Top 10 Stocks (%) 70.34
Top 5 Stocks (%) 49.74
Top 3 Sectors (%) 88.90
Portfolio P/B Ratio 4.15
Portfolio P/E Ratio 22.80

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 84,869 1,69,287
Giant (%) 52.53 63.91
Large (%) 9.11 13.47
Mid (%) 13.24 11.56
Small (%) 25.12 15.50
Tiny (%) -- --

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
equal Infosys Technology 27.07 33.46 23.22 24.28
down Tech Mahindra Technology 19.84 10.42 4.26 8.22
down Bharti Airtel Communication -- 13.48 0.00 6.26
up Tata Consultancy Services Technology 32.73 13.13 1.86 5.84
down HCL Technologies Technology 19.28 10.55 5.14 5.14
down Majesco Technology 1.44 6.40 0.00 4.95
equal Cyient Technology 14.39 5.54 0.40 4.83
equal Honeywell Automation Engineering 55.50 6.53 0.00 4.35
up Apple Inc. (USA) Cons Durable -- 3.46
down Persistent Systems Technology 26.43 5.97 0.56 3.23
equal Just Dial Services 11.28 4.34 0.00 3.23
new Wipro Technology 20.34 3.08 0.00 3.08
down Mphasis Technology 20.93 3.39 0.00 2.60
up Firstsource Solutions Services 15.02 2.51 0.00 2.51
down KPIT Technologies Technology 21.98 2.36 0.00 2.32
new Happiest Minds Technologies Technology 65.60 2.06 0.00 2.06
down Sonata Software Technology 14.03 6.33 0.00 2.03
equal Microsoft Corportion (US) Technology -- 1.88
up Zee Entertainment Services 665.25 4.58 0.00 1.85
new Route Mobile Technology 76.54 1.51 0.00 1.51
new Adobe Systems Inc. (USA) Technology -- 1.09
equal Info Edge (India) Services -- 1.18 0.00 0.63
new Birlasoft Technology 22.89 6.72 0.00 0.52
new MindTree Technology 26.34 6.21 0.00 0.50
equal Quess Corp Financial -- 1.42 0.00 0.44

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 30-Sep-2020

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

Funds Managed:

Invest Online
-0.05%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 76.1100

Dividend: ₹ 26.1800

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: 15-Jan-2000
Return Since Launch: 10.26%
Benchmark: S&P BSE Teck TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 611 Cr (As on 30-Sep-2020)
Expense: 2.63% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: 117.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend30-Jul-20201.3200

 31-Jul-20191.2750
 31-Jul-20182.4614
 28-Jul-20171.0500
 29-Jul-20161.2700
 31-Jul-20152.0000
 11-Sep-20141.6000
 27-Sep-20130.8500
 09-Sep-20100.8500
 26-Feb-20100.7500
 23-Sep-20091.0000
 27-Jun-20081.0000
 27-Jan-20062.0000

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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