Aditya Birla Sun Life Digital India Fund Growth - Latest NAV ₹64, Returns, Performance & Portfolio

Aditya Birla Sun Life Digital India Fund Growth

  • highlight
    12.56%
  • highlight
    (+0.15)64

Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds

Fund Summarystar

PeriodReturns(per year)
10 Years12.28%
5 Years12.56%
3 Years19.69%
1 Year24.2%
6 Months8.36%
Fund Details
ISININF209K01140
RiskHigh Risk
Fund TypeSector - Technology
NAV64
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Infosys Ltd26.73%
Bharti Airtel Ltd12.02%
HCL Technologies Ltd6.25%
Honeywell Automation India Ltd5.93%
Cyient Ltd5.23%
Tata Consultancy Services Ltd4.96%
Tech Mahindra Ltd4.26%
Apple Inc4.16%
Majesco Ltd3.98%
Just Dial Ltd3.9%

About Aditya BSL Digital India Fund

The Aditya BSL Digital India is an open-ended equity scheme. It seeks to generate long-term capital appreciation through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology-dependent companies, hardware, software, peripherals and components, media, telecom, e-commerce, and other technology-enabled companies. It was earlier known as Aditya Birla Sun Life New Millennium Fund and was renamed as Aditya Birla Sun Life Digital India Fund with effect from 21 May 2018.

Pros & Cons of Aditya BSL Digital India Fund

  • The scheme a bottom-up approach to stock-picking, and adopts a blend of growth and value investment styles. Further, it tries to identify companies which have a robust business model and a strong competitive position in the industry.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Sectoral/ Thematic Fund category.
  • Further, it has generated returns of 18.41% per year over the last 10 years (as on January 18, 2019).

Fund Information and Statistics of Aditya BSL Digital India Fund

Inception / Launch Date

The scheme was launched on 15 January 2000 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a High risk-level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

Mr. Kunal Sangoi is the Fund Manager of the Aditya BSL Digital India Fund since January 16, 2014.

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows:

  • If any units are redeemed after the completion of 365 days from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 365 days from the date of allotment of the said units, and:
    1. The number of units is less than 15% of the allotted units, then the exit load = Nil
    2. The number of units is more than 15% of the allotted units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL Digital India Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units.
  • LTCG (units are held for a period of more than 12 months), in excess of Rs 1 Lakh, is taxed at 10 percent without indexation benefits on the redemption of units.

About Aditya Birla Sun Life Mutual Fund

A joint venture between the Aditya Birla Group (India) and Sun Life Financial Inc. (Canada), the Aditya Birla Sun Life Mutual Fund (ABSLMF) was established more than two decades ago in 1994. It is one of India’s largest fund houses with assets under management of over Rs. 2,500 billion and more than 6.6 million investor folios. It offers smart solutions, digitization, and user-friendly services along with a range of investment products.

Customer Reviewsstar

  • " Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "

    IT Developer, Bangalore
  • " I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "

    Software Engineer, Indore
  • " Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "

    Campus Manager, Bangalore

Invest Now in 3 Easy Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns