• Mutual Funds
  • Aditya Birla Sun Life Mutual Fund
  • Aditya Birla Sun Life Digital India Fund (Growth)

Formerly Aditya BSL New Millennium Gr

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Digital India Fund (Growth)

EquitySectoral / Thematic - Technology

Top Ranked

119.5

NAV (Feb 01)

20.1%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within sectoral / thematic - technology mutual funds.

This category has few funds and relatively small amounts invested in them.

The benchmark IT Index has performed moderately well over time, however, funds in this category have underperformed the benchmark index.Investing in these funds will require investors to have a unique insight into the specific areas of investment focus.In addition the investor will need to have the ability,inclination and expertise to monitor the prospects closely.Investors are therefore better off investing in diversified funds rather than this category.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

119.5

NAV (Feb 1)

Fund Returns

Last 1Y

-11.9%

Last 3Y

27.4%

Last 5Y

20.1%

Last 10Y

19.7%

Since Inception

11.4%

6 Month CAGR

2.7%

Scheme Information

Investment Objective

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.

Expense Ratio

2.09

Launched (23y ago)

Jan 15, 2000

AUM in Crores

3244.207

ISIN

INF209K01140

Lock-in

No Lock-in

Benchmark

S&P BSE TECK TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

24.9

Standard Deviation (5yr)

20.9

Beta (3yr)

1.03

Beta (5yr)

0.99

Sharpe Ratio (3yr)

0.97

Sharpe Ratio (5yr)

0.817

YTM

0

Fund Managers

Kunal Sangoi

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Aditya Birla Sun Life Digital India Fund (Growth)70%1,220,033 487,42120.1%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2023-02-01

Top Stock Holdings

infosys ltd

25.5%
25.5%

tata consultancy services ltd

10.5%
10.5%

hcl technologies ltd

8.9%
8.9%

tech mahindra ltd

8%
8%

ltimindtree ltd

6.6%
6.6%
See all holdings

Allocation by Sector

technology

79.8%
79.8%

communication services

8.9%
8.9%

industrials

7.1%
7.1%

consumer cyclical

2.1%
2.1%

financial services

0.7%
0.7%
See all sectors

Compare Aditya Birla Sun Life Digital India Fund (Growth)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,848 cr

₹ 10,444 cr

₹ 15,500 cr

₹ 10,444 cr

₹ 15,500 cr

About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 304,285 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 83 equity,338 debt and 16 hybrid funds.

amc-img

  • 022-43568000
  • care.mutualfunds@adityabirlacapital.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    -

    2.5%

    5.2%

    7.4%

    5.1%

    6.7%

    5.2%

    7.3%

    5.1%

    7%

    Aditya Birla Sun Life Digital India Fund (G) Review

    Aditya Birla Sun Life Digital India Fund (G) is a Sectoral / Thematic - Technology Equity fund and has delivered an annualised return of 11.4% over a period of 23 years. The fund was previously known as Aditya BSL New Millennium Gr. The fund is managed by Aditya Birla Sun Life AMC Ltd. The fund manager’s name is Kunal Sangoi.

    Nav of Aditya Birla Sun Life Digital India Fund (G) as of 2/1/2023 is ₹119.50 with the total AUM as of 2/2/2023 is ₹3244.207. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life Digital India Fund (G) was launched on Jan 15, 2000. The category risk of the fund is Very High Risk.

    The minimum SIP amount for Aditya Birla Sun Life Digital India Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    Aditya Birla Sun Life Digital India Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE TECK TR INR.

    Aditya Birla Sun Life Digital India Fund (G) is rated as a 4 fund in Equity and delivered -11.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Aditya Birla Sun Life Digital India Fund (G).

    Frequently Asked Questions

    What is Aditya Birla Sun Life Digital India Fund (G)?

    Aditya Birla Sun Life Digital India Fund (G) is a Sectoral / Thematic - Technology Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

    How to invest in Aditya Birla Sun Life Digital India Fund (G)?

    You can invest in Aditya Birla Sun Life Digital India Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of Aditya Birla Sun Life Digital India Fund (G)?

    The minimum sip amount for Aditya Birla Sun Life Digital India Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is Aditya Birla Sun Life Digital India Fund (G) good to invest in?

    As per Scripbox experts, Aditya Birla Sun Life Digital India Fund (G) is a Top Ranked fund. You can investAditya Birla Sun Life Digital India Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the Aditya Birla Sun Life Digital India Fund (G)?

    The expense ratio of the Aditya Birla Sun Life Digital India Fund (G) is 2.09% for regular plan.