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Aditya Birla Sun Life Digital India Fund - NAV, Returns, Performance Analysis 2024-25

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Complete analysis of Aditya Birla Sun Life Digital India Fund including investment objective, fund manager details, performance, AUM, and FAQs. Latest NAV and returns data updated.

Investment Objective and Approach

The fund seeks capital growth, with a secondary objective of income generation with focus on technology and technology dependent companies. The primary investment goal is to create long-term capital appreciation through a portfolio with a target allocation of 100% equity and a focus on investments in technology and technology-reliant companies, peripherals, hardware, components, software, media, telecom, internet, and e-commerce, as well as other technology-enabled companies.

Investment Strategy:

- The scheme will follow a bottom-up approach to stock picking, adopting a blend of value and growth style of investing.

- The fund looks for businesses with solid business models, strong competitive positions, and management that meets high standards.

- Minimum investment in equity & equity related instruments of a particular sector/particular theme - 80% of total assets.

- Secondary objectives of the scheme include the distribution of IDCW and income generation.

The fund is classified as a sectoral fund focusing exclusively on technology and related sectors, making it suitable for investors who believe in the long-term growth potential of India's digital transformation story.

Fund Managers

Kunal Sangoi - Lead Fund Manager

- Kunal comes with an experience of 16 years in capital markets, in the areas of equity research and portfolio management.

- At ABSLAMC, he manages equity funds and specialises in the Technology, Internet, Media and Telecom sectors.

- He has been with ABSLAMC since 2012, and was previously associated with Edelweiss Financial Services Ltd. as Senior Analyst.

- Kunal is a Chartered Accountant by qualification.

Dhaval Joshi - Co-Fund Manager

- Mr. Joshi has done B.Com, M.Com. and MBA (Finance).

- Prior to joining Aditya Birla Sun Life Mutual Fund, he was associated with Sundaram Mutual Fund, Emkay Global Financial Services and Asit C Mehta Investment Intermediates Ltd.

The fund management team brings extensive expertise in technology sector analysis and equity portfolio management, with a combined experience spanning over two decades.

About the Fund House (AMC)

Aditya Birla Sun Life Mutual Fund is one of India's leading asset management companies with a strong track record in the mutual fund industry.

Key Highlights:

- Aditya Birla Sun Life Mutual Fund was established as a joint venture between Aditya Birla Group of India and Sun Life Financial Inc of Canada in 1994.

- It is one of the largest fund houses in India. It commenced operations after registering with SEBI or the Securities and Exchange Board of India in 1994.

- AUM ₹382,889.63 Cr. (as reported by Angel One)

- ABSLMF is one of the largest asset management companies in India, with average assets under management (AUM) of ₹3.31 lakh crore as of March 31, 2024.

- Our PAN-India presence across 290+ locations*, serves investors all around the country.

- Our exemplary asset management skills and consistent risk-adjusted performance are backed by 30 years of strong research and expert fund management.

Parent Companies:

- The Aditya Birla Group is the third-largest business conglomerate in India, with revenues exceeding $41 billion.

- Sun Life is a global leader in life insurance and investment management, ranked 236th on the Fortune 500 list.

The AMC's strong parentage and experienced management team provide investors with confidence in the fund's management capabilities and research infrastructure.

Should I Invest in Aditya Birla Sun Life Digital India Fund?

Consider this fund if:

- You have a long-term investment horizon (minimum 7 years)

- You believe in India's digital transformation and technology sector growth

- You have high risk tolerance for sectoral concentration

- You want focused exposure to technology and related sectors

Key Considerations:

- This is a fund that invests mainly in shares of companies in the information technology sector.

- Warning: Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven years.

- However, note that the scheme requires very high risk tolerance.

Fund Performance Metrics:

- The Aditya Birla Sun Life Digital India Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 20.77 since inception.

- The AUM of Aditya Birla Sun Life Digital India Fund, is ₹4540.25 crore. (as of Angel One report)

- The expense ratio of Aditya Birla Sun Life Digital India Fund is 0.86%

Investment Minimums:

- The minimum SIP for Aditya Birla Sun Life Digital India Fund is ₹100.

- The minimum investment required to start investing in Aditya Birla Sun Life Digital India Fund - Regular Plan is ₹1,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

This fund is suitable for investors seeking focused exposure to India's technology sector with a long-term investment perspective and high risk appetite.

FAQs

What is today's NAV of Aditya Birla Sun Life Digital India Fund?

The NAV changes daily based on market movements. You can check the latest NAV on Allvest platform or the official AMC website for real-time updates.

What is the AUM of Aditya Birla Sun Life Digital India Fund?

The AUM of Aditya Birla Sun Life Digital India Fund, is ₹4540.25 crore. AUM figures are updated monthly by the fund house.

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

The expense ratio of Aditya Birla Sun Life Digital India Fund is 0.86% for the direct plan. Regular plans have higher expense ratios due to distributor commissions.

What are the returns of Aditya Birla Sun Life Digital India Fund since inception?

The fund has delivered a CAGR of 20.77 since inception. However, past performance doesn't guarantee future returns, and sectoral funds can be volatile.

What is the minimum SIP amount to invest in Aditya Birla Sun Life Digital India Fund?

The minimum SIP for Aditya Birla Sun Life Digital India Fund is ₹100. This makes it accessible for small investors to start their investment journey.

How do I invest in Aditya Birla Sun Life Digital India Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, and choosing between SIP or lump sum investment options with seamless online processing.

How to start a SIP in Aditya Birla Sun Life Digital India Fund?

Start a SIP on Allvest by logging in, selecting the fund, choosing SIP option, setting investment amount and frequency, and enabling auto-debit for hassle-free investing.

How do I automate an SIP in Aditya Birla Sun Life Digital India Fund?

Set up auto-debit through Allvest platform by linking your bank account and enabling automatic monthly deductions for uninterrupted SIP investments without manual intervention.

How can I withdraw/redeem my investment in Aditya Birla Sun Life Digital India Fund?

Submit redemption request through Allvest platform or AMC website. Exit load of 1% if redeemed within 30 days. Proceeds are credited to your registered bank account within 3-4 working days.