• Mutual Funds
  • Aditya Birla Sun Life Mutual Fund
  • Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A)

Formerly Aditya BSL New Millennium DR

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A)

EquitySectoral / Thematic - Technology

44.67

NAV (Nov 29)

31.5%
5 Year CAGR
Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in sectoral / thematic - technology.

Click here to see our recommendations.

Sectoral / thematic - technology funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

21 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

2,659 Cr. Large within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

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    Historical growth rate of 12% per annum
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    No Lock-in
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Historical NAV

44.67

NAV (Nov 29)

Fund Returns

Last 1Y

76.2%

Last 3Y

40.9%

Last 5Y

31.5%

Last 10Y

22.9%

Since Inception

12.3%

6 Month CAGR

31.4%

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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Very High Risk

Expense Ratio

2.19

Launched (21y ago)

Jan 15, 2000

AUM in Crores

2658.128

ISIN

INF209K01CD7

Lock-in

No Lock-in

Benchmark

S&P BSE TECK TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Kunal Sangoi

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
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comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

SBI Focused Equity Fund (G)

₹ 21,676 cr

5

₹ 5,381 cr

5

₹ 5,380 cr

5

₹ 4,084 cr

5

₹ 3,456 cr

5

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About the AMC

Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd manages assets worth 316,588 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 83 equity,329 debt and 19 hybrid funds.

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

    18%

    14.6%

    4.9%

    7.1%

    4.9%

    6.8%

    4.9%

    7.2%

    4.8%

    6.8%

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Grow Wealth , Retirement , Kid's Education
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
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    Diversified

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    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

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    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    About Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A)

    About Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A)

    Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) is a Sectoral / Thematic - Technology Equity fund and has delivered an annualised return of 12.3% over a period of 21 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 manager’s name is Kunal Sangoi

    Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) 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. . However, there is no assurance that the objective of the scheme will be realized.

    Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) NAV,AUM,Risk

    The Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) fund was launched on Jan 15, 2000. The NAV (Net Asset Value) of this Sectoral / Thematic - Technology Equity fund as of 2021-11-29 is ₹44.67. The total AUM (Asset Under Management) of the fund as of 29/11/2021 is ₹2658.128. The category risk of the Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) fund is Very High Risk. The fund charges 2.19 % as expense ratio.

    Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) Holdings

    The fund’s highest allocation is towards Equity and has invested 95.2% in this asset class. The top three holdings of the fund are , infosys ltd , tata consultancy services ltd , tech mahindra ltd , hcl technologies ltd , bharti airtel ltd , clearing corporation of india limited , cyient ltd , persistent systems ltd , wipro ltd , mphasis ltd , larsen & toubro infotech ltd , firstsource solutions ltd , birlasoft ltd , sonata software ltd , kpit technologies ltd , microsoft corp , apple inc , sterlite technologies ltd , inox leisure ltd , oracle financial services software ltd , honeywell automation india ltd , amazon.com inc , coforge ltd , margin (future and options) , zee entertainment enterprises ltd , adobe inc , route mobile ltd ordinary shares , mindtree ltd , zomato ltd , tata communications ltd , nazara technologies ltd , affle india ltd , happiest minds technologies ltd ordinary shares , pvr ltd , sis ltd ordinary shares , just dial ltd , l&t technology services ltd , hathway cable & datacom ltd , net receivables / (payables) , quess corp ltd , bharti airtel ltd (partly paid rs.1.25)

    Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) Investment volatility and Horizon

    This fund 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 Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) Review

    Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) has a score of 3 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Aditya Birla Sun Life Digital India Fund Rnvstmnt Inc Dist cum Cap Wdrl (RIDCW-A) has a score of 4 out of 5 Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

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