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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
₹ 1.98 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.12 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 6.26 0.29 0.41 10.39 21.61 54.68 59.76 25.60 21.53 18.40 15.80
S&P BSE IT TRI 9.04 0.04 0.27 12.02 21.90 54.36 67.76 30.84 21.83 17.90 17.02
Equity: Sectoral-Technology 7.35 0.01 0.31 11.21 22.49 54.15 59.10 25.63 20.30 17.44 16.57
Rank within category 6 1 5 5 4 3 2 3 1 1 2
Number of funds in category 7 7 7 7 7 5 4 4 4 3 3

As on 22-Jan-2021

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 59.76 25.60 21.53 2.63 861
ICICI Prudential IT ETF  | Invest Now
Unrated
 Aug-20 -- -- -- 0.22 1,738
ICICI Prudential Technology Fund  | Invest Now
Unrated
 Mar-00 70.03 26.79 20.80 2.53 1,185
Nippon India ETF Nifty IT - Regular Plan  | Invest Online
Unrated
 Jun-20 -- -- -- 0.22 844
Tata Digital India Fund - Regular Plan  | Invest Online
Unrated
 Dec-15 57.61 26.20 20.16 2.49 813

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 25.88 21.68 0.97 1.35 0.85 -0.46
S&P BSE IT TRI 30.28 23.26 1.10 2.13 -- --
Equity: Sectoral-Technology 25.83 21.51 0.98 1.54 0.87 -1.15
Rank within category 3 3 3 5 3 2
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-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 23
Top 10 Stocks (%) 75.75
Top 5 Stocks (%) 57.70
Top 3 Sectors (%) 90.27
Portfolio P/B Ratio 4.49
Portfolio P/E Ratio 16.89

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,18,312 2,11,033
Giant (%) 56.34 63.87
Large (%) 7.81 14.60
Mid (%) 12.67 11.78
Small (%) 23.14 15.59
Tiny (%) 0.05 0.05

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 30.70 33.46 23.22 25.14
up Tata Consultancy Services Technology 39.69 13.13 1.86 10.71
up HCL Technologies Technology 20.24 10.55 5.14 7.80
equal Tech Mahindra Technology 23.79 10.42 4.26 7.27
up Bharti Airtel Communication -- 13.48 0.00 6.79
equal Cyient Technology 21.67 5.54 0.40 4.58
equal Just Dial Services 15.33 5.76 0.00 4.44
equal Honeywell Automation Engineering 76.37 6.53 0.00 3.52
equal Apple Inc. (USA) Cons Durable -- 2.78
up Persistent Systems Technology 32.45 4.85 0.56 2.75
down Firstsource Solutions Services 17.64 2.84 0.00 2.75
up Birlasoft Technology 25.78 6.72 0.00 2.38
up KPIT Technologies Technology 28.07 2.36 0.00 2.08
equal Mphasis Technology 23.88 3.39 0.00 1.98
up Coforge Technology 34.49 7.61 0.00 1.75
equal Sonata Software Technology 17.74 3.07 0.00 1.60
equal Route Mobile Technology 119.79 1.67 0.00 1.46
equal Happiest Minds Technologies Technology 76.12 2.06 0.00 1.44
equal Microsoft Corportion (US) Technology -- 1.41
equal INOX Leisure Services -- 1.54 0.00 1.29
new Indian Railway Catering & Tourism Corpn. Services 53.09 1.25 0.00 1.25
equal MindTree Technology 29.54 6.21 0.00 1.03
equal Quess Corp Financial -- 1.42 0.00 0.41
down Info Edge (India) Services 142.93 0.96 0.00 0.30
down Majesco Technology 0.04 6.40 0.05 0.05

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-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
0.29%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 92.4700

Dividend: ₹ 31.8000

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 30 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 15-Jan-2000
Return Since Launch: 11.15%
Benchmark: S&P BSE Teck TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 861 Cr (As on 31-Dec-2020)
Expense: 2.63% (As on 31-Dec-2020)
Risk Grade: --
Return Grade: --
Turnover: 100.00%

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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