January 10, 2024
mayank
Aditya Birla (ABSL) Digital India Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 172.5200
NAV IDCW: Rs 59.2200
Suitable For Which Investors?
This is a fund that invests mainly in shares of companies in the information technology sector.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The fund seeks capital growth, with a secondary objective of income generation with focus on technology and technology dependent companies. The scheme will follow a bottom-up approach to stock picking, adopting a blend of value and growth style of investing.
Fund Manager:
1) Kunal Sangoi
Education: Mr. Sangoi is a B.Com (H) and Chartered Accountant.
Experience: Prior to joining Aditya Birla Sun Life AMC he has worked with Edelweiss Financial Services Ltd.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 30 days |
Basic Details of Aditya Birla (ABSL) Digital India Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 22.65% |
| Benchmark | S&P BSE Teck TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 4,590 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.80% |
| (As on 30-Nov-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 32.00% |
Trailing Returns (%) of Aditya Birla (ABSL) Digital India Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Digital Ind Dir | -1.19 | 0.52 | 4.32 | 11.41 | 22.71 | 35.36 | 20.63 | 27.12 | 25.19 | 20.22 |
| S&P BSE IT TRI | -1.87 | 0.46 | 3.93 | 9.19 | 19.73 | 25.66 | 13.09 | 22.50 | 22.21 | 16.80 |
| Equity: Sectoral-Technology | -1.07 | 0.49 | 4.70 | 10.29 | 22.37 | 32.65 | 19.18 | 25.45 | 24.05 | 18.67 |
| Rank within category | 7 | 5 | 7 | 4 | 3 | 3 | 1 | 1 | 2 | 1 |
| Number of funds in category | 11 | 11 | 11 | 11 | 7 | 7 | 5 | 5 | 5 | 4 |
Peer Comparison of Aditya Birla (ABSL) Digital India Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ABSL Digital Ind Dir | Unrated | 35.36 | 20.63 | 27.12 | 0.80 | 4,590 | 22.65 | 1.00 (30) | 11Y | 32.00 |
| ICICI Pru Technology Dir | Unrated | 26.99 | 18.56 | 25.39 | 0.89 | 11,580 | 22.65 | 1.00 (15) | 11Y | 63.00 |
| Tata Digital Ind Dir | Unrated | 31.81 | 20.05 | 25.90 | 0.33 | 9,272 | 21.08 | 0.25 (30) | 8Y | 23.24 |
| SBI Tech Opp Dir | Unrated | 25.03 | 19.89 | 24.55 | 0.86 | 3,586 | 21.29 | 0.50 (15) | 11Y | 33.00 |
| Franklin Ind Tech Dir | Unrated | 50.40 | 16.74 | 24.27 | 1.28 | 1,190 | 20.06 | 1.00 (365) | 11Y | 52.25 |
Portfolio Analysis of Aditya Birla (ABSL) Digital India Fund
| No. of Stocks | 33 |
| Top 10 Stocks | 72.05% |
| Top 5 Stocks | 54.37% |
| Top 3 Sectors | 93.96% |
| Portfolio P/B Ratio | 7.40 |
| Portfolio P/E Ratio | 33.05 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,13,212 | 2,50,870 |
| Giant (%) | 64.57 | 59.88 |
| Large (%) | 6.48 | 15.97 |
| Mid (%) | 23.17 | 19.79 |
| Small (%) | 5.79 | 10.91 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla (ABSL) Digital India Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) Digital India Fund
Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven years.
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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