Aditya Birla Sun Life Digital India Fund is a thematic fairness scheme investing within the expertise, telecom, media, leisure and different associated ancillary sectors. Through a portfolio with a goal allocation of 100% fairness and a give attention to sectoral/thematic investments, the fund goals to create long-term wealth. The fund might also make investments as much as 25% of its internet property within the shares of worldwide expertise companies and intently associated ancillary industries. The fund began operations on January 15, 2000, marking its 23-year anniversary tomorrow. Let’s understand how the fund turned a month-to-month SIP of ₹10,000 to ₹2.53 Cr with a CAGR of 16.49%.
Performance of Aditya Birla Sun Life Digital India Fund
The fund has produced a -0.87% detrimental CAGR through the previous yr. Due to the fund’s CAGR of 26.07% over the previous three years, a month-to-month SIP of ₹10,000 would have grown your internet funding of ₹3.60 lakh to ₹5.24 lakh. Due to the fund’s CAGR of 24.86% through the earlier 5 years, a month-to-month SIP of ₹10,000 would have enhanced your whole funding of ₹6 lakh to ₹11.09 lakh. With a CAGR of 16.49% from the fund’s inception, a month-to-month SIP of ₹10,000 would have grown your internet funding of ₹27.50 lakh to ₹2.53 crore.
In the final 5 years, the fund has generated a CAGR of 24.57% in comparison with the benchmark – S&P BSE Teck TRI efficiency of 20.70% in the identical interval. Compared to the benchmark efficiency of 26.25% through the previous three years, the fund’s CAGR was 31.86%.
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Performance of Aditya Birla Sun Life Digital India Fund (mutualfund.adityabirlacapital.com)
The above returns have been taken from the info obtainable on the newest truth sheet of the fund.
Key particulars of Aditya Birla Sun Life Digital India Fund
The fund is being managed by Mr. Kunal Sangoi since January 16, 2014 and Mr. Dhaval Joshi since November 21, 2022. Aditya Birla Sun Life Digital India Fund recorded ₹3,244 Crores of property underneath administration (AUM) as of 31/12/2022 and as of Jan 13, 2023, the fund’s NAV was ₹127.66. The expense ratio for the fund’s common choice is 2.06%, whereas the expense ratio for its direct choice is 0.87%. The fund has publicity to the capital items, shopper discretionary, expertise, providers, and communication sectors. The fund’s high 10 holdings are Infosys, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Bharti Airtel, Larsen & Toubro Infotech, Coforge, Cyient, Zee Entertainment Enterprises and Wipro Limited.
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