• Mutual Funds
  • Aditya Birla Sun Life Mutual Fund
  • Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A)

Formerly Aditya BSL New Millennium DR

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A)

EquitySectoral / Thematic - Technology
Top Ranked

44.82

NAV (Jun 14)

22.1%
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

Satisfactory

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

Invest in this fund
Scripbox Recommended Equity Funds
Want the equity funds that are right for your long term equity investment needs?Learn more

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

44.82

NAV (Jun 14)

Fund Returns

Last 1Y
27.1%
Last 3Y
12.6%
Last 5Y
24.3%
Last 10Y
19%
Since Inception
12%
6 Month CAGR
2.8%

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
1.89
Launched (24y ago)
Jan 15, 2000
AUM in Crores
4294.578
ISIN
INF209K01CD7
Lock-in
No Lock-in
Benchmark
BSE TECK TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
18.1
Standard Deviation (5yr)
20.8
Beta (3yr)
0.95
Beta (5yr)
1.01
Sharpe Ratio (3yr)
0.258
Sharpe Ratio (5yr)
0.764
YTM
0
Fund Managers

Kunal Sangoi

Fund Manager

Dhaval Joshi

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A)70%12,88,686 5,56,07422.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2024-06-14

Top Stock Holdings

infosys ltd

23.2%
23.2%

tata consultancy services ltd

10.9%
10.9%

bharti airtel ltd

9.2%
9.2%

hcl technologies ltd

7%
7%

ltimindtree ltd

5.9%
5.9%
See all holdings

Allocation by Sector

technology

70.9%
70.9%

communication services

14.6%
14.6%

industrials

9.5%
9.5%

consumer cyclical

2.9%
2.9%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 15,161 cr

₹ 19,454 cr

₹ 22,620 cr

₹ 42,669 cr

₹ 63,933 cr

amc-img

About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 371,290 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 90 equity,370 debt and 20 hybrid funds.amc-img
phone-img022-43568000
Fund NameScripbox Opinion
Till Date CAGR

-

4.8%

5.9%

7.4%

6%

6.8%

5.9%

7.3%

6%

7.1%

Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) Review

Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) is a Sectoral / Thematic - Technology Equity fund and has delivered an annualised return of 11.2% over a period of 24 years. The fund was previously known as Aditya BSL New Millennium DR. The fund is managed by Aditya Birla Sun Life AMC Ltd. The fund managers are Dhaval Joshi, Kunal Sangoi.

Nav of Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) as of 6/14/2024 is ₹44.82 with the total AUM as of 6/16/2024 is ₹4294.578. With Scripbox you can compare and check the latest nav for all mutual funds in India. Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) 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 Rnvstmnt (RIDCW-A) 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 Rnvstmnt (RIDCW-A) 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 BSE TECK TR INR.

Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) is rated as a 4 fund in Equity and delivered 18% 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 Rnvstmnt (RIDCW-A).

Frequently Asked Questions

What is Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A)?

Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) 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 Rnvstmnt (RIDCW-A)?

You can invest in Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) 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 Rnvstmnt (RIDCW-A)?

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

Is Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) good to invest in?

As per Scripbox experts, Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) is a Top Ranked fund. You can investAditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) 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 Rnvstmnt (RIDCW-A)?

The expense ratio of the Aditya Birla Sun Life Digital India Fund Rnvstmnt (RIDCW-A) is 1.89% for regular plan.