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AppStore
PlaystoreAditya Birla Sun Life AMC Limited
Aditya Birla Sun Life AMC Limited
Equity
Sectoral
An open ended equity scheme investing in the Technology, Telecom, Media, Entertainment and other related ancillary sectors
Annualized Returns %
Annualized
Returns %
Aditya Birla Sun Life Digital India Fund
SIP Amount
Min . ₹ 100
Lumpsum Amount
Min. ₹ 1,000
Aditya Birla Sun Life Digital India Fund Overview
Aditya Birla Sun Life Digital India Fund is an open ended equity scheme investing in the Technology, Telecom, Media, Entertainment and other related ancillary sectors.
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.
Why one can invest?
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If you are looking to invest in the technology sector
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If you are looking for long term capital growth of your investment
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If you are looking to have a diversified portfolio within the technology sector with low investments as small as Rs.1,000
Fund Details
CAGR
Latest NAV
AUM
Inception Date
Risk
Investment Horizon
5 years +
Annualized Benchmark Returns
Min Investment Rs.
Entry load
NIL
Exit load
1%
For redemption/switch out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 30 days from the date of allotment: Nil. For further details on Load Structure, please refer Section IV of this Scheme Information Document.
Total Expense Ratio (TER)
Modified Duration
-
Yield to Maturity
-
Portfolio Turnover:
-
Average Maturity
-
Macaulay Duration
-
Net Equity Exposure
-
Total Expense Ratio (TER)
Sharpe Ratio
Beta Ratio
Other Parameters
Standard Deviation
Fund Managers
Mr. Kunal Sangoi
Mr. Dhaval Joshi
Riskometer
(An open ended equity scheme investing in the Technology, Telecom, Media, Entertainment and other related ancillary sectors)
This product is suitable for investors who are seeking
-
Long term capital growth
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Investments in equity and equity related securities with a focus on investing in IT, media, telecom related and other technology enabled companies
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
Portfolio & Sector Holdings
Retail
% of Net Assets
Sector Holdings
Dividend History
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.
Investment Performance
IDCW Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:| Declared on date | IDCW Yield (Regular Plan) | IDCW Per Unit | Cum IDCW NAV |
|---|
Fund Summary
- India is an emerging technology hub. A high user base and young and skilled workforce are driving the domestic industry. Globally too, all eyes are on India to meet the world’s technology needs.
- Aditya Birla Sun Life Digital India Fund is a sectoral mutual fund scheme that aims to invest in this growing technology sector
- It invests in robust companies within the IT space. This includes tech-companies and technology dependant companies such as hardware, software, e-commerce, telecom, media, gaming companies.
- It aims at providing a strategic solution for investors to invest for their long-term financial goals
Click here to know more about Equity Funds
Fund discipline
- - The Scheme aims to allocate minimum 80% of its net assets to Equity and Equity related Instruments of Technology and Technology dependent companies.
- - The Scheme may also invest up to 20% of its net assets into debt and money market instruments (including securitized debt) for liquidity purposes
- - It diversifies investment across stocks within the technology sector so as to avoid over-exposure to a single stock. The maximum weightage to a single stock is limited to its weightage in the benchmark index or 10% of the scheme NAV, whichever is higher .
- - The fund seeks out companies that have a robust business model, strong competitive position and managed by quality management, following a bottom up-approach to stock selection
- - It adopts a blend of value and growth style of investing
Value Added Products
Salient features of STP:
- Systematic Transfer Plan (STP) allows investors to periodically transfer pre-determined amounts from any open ended scheme of Aditya Birla Sun Life Mutual Fund into Aditya Birla Sun Life Digital India Fund
- STP facility can be daily, weekly, monthly or quarterly
Salient features of SWP:
- Systematic Withdrawal Plan (SWP) allows investors to periodically withdraw fixed sums of money from the fund. This can take the form of withdrawal of fixed, pre-determined amounts or capital appreciation amount.
- Its primary objective is to meet the regular income needs of investors
Salient features of CATP:
- Capital Appreciation Transfer Plan (CATP) is a modified version of STP. It allows investors to periodically transfer the capital appreciation earned by investment/s in other open-ended schemes of Aditya Birla, into this fund
- CATP is offered at monthly or quarterly intervals
Salient features of SIP
- Systematic Investment Plan (SIP) investing means automatically investing a pre-determined sum of money in this fund, at periodic and pre-determined time intervals.
- Gives investors the benefit of rupee cost averaging –
- SIP facility is augmented by several add ons such as Step-up SIPs, Pause SIP, Multi Scheme SIPs etc.
Tax Applicability
Investment held for less than 12 months
Short Term Capital Gain Tax would be applicable. Any gains/profits would be taxed at 15% (plus applicable surcharge and cess).
Investment held for more than 12 months
Long Term Capital Gain Tax would be applicable. Gains/profits in excess of Rs. 1 lakh would be taxed at 10% (plus applicable surcharge and cess).
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates
Forms & Downloads
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Frequently Asked Questions
A sectoral fund is an equity-oriented mutual fund scheme that invests exclusively in stocks within a particular industry or sector.
This fund invests in stocks of the IT (information technology) and ITES (IT enabled services) sector.
The fund portfolio includes stocks of technology and technology dependent companies. This can include hardware and component, software, BPO, e-commerce, telecom, media and entertainment, gaming companies etc.
The fund manager of this scheme has the flexibility to invest in IT stocks across market caps. Investments are made in line with the fund discipline.
Sectoral funds can be one of the investment avenues for investors who have a positive outlook for a specific sector. Investors who are looking for a more focused and tactical approach to funding their long-term financial objectives.
The fund offers a direct plan and a regular plan.
Direct Plan is only for investors who purchase /subscribe Units in a Scheme
directly with the Mutual Fund and is not available for investors who route
their investments through a Distributor. The expense ratio of a direct plan fund is lower.
A regular plan is one in which investors’ investment in the fund are routed through a broker or distributor. The expense ratio of a regular plan fund is higher.
Each plan will also have following options:
Growth Option – Under this, returns of the fund are reinvested in the fund itself. These will reflect in the increase in NAV of the fund.
Income Distribution cum Capital Withdrawal (“IDCW”) Option
(Payout of IDCW/ Reinvestment of IDCW/ IDCW Sweep Facility) ^
Under this, returns of the fund are distributed to investors as IDCW Investors can opt for IDCW pay out or IDCW reinvestment wherein they purchase more units of the fund with the income distributed.
^the amounts can be distributed out of investors capital (Equalization Reserve), which is part of sale price that represents realized gains
Exit load: For redemption/switch out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV. For redemption/switch out of units after 30 days from the date of allotment: Nil.
The fund applies an expense ratio. This is intended to cover fund management and other administrative costs of the fund.
No, having a demat account is not necessary for investing in this fund.
• Fresh Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafter
• Additional Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/-thereafter
• Repurchase for all Plans/Options: In Multiples of Rs. 1/- or 0.001 units.
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