Aditya Birla Sun Life Digital India Fund Growth

• Alpha 5.83%
• Beta 1.00
• Sharpe Ratio1.16
• Std Deviation 18.46%
• Tracking Error 7.81%

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.

The Aditya Birla Sun Life Digital India Fund Growth has an AUM of 3904.18 crores & has delivered CAGR of 24.03% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.91%. The minimum investment in Aditya Birla Sun Life Digital India Fund Growth is Rs 1000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Infosys, Tata Consultancy Services, HCL Technologies & Bharti Airtel.

The major sectors where the fund is invested are Software & Programming, Communications Services, Computer Services & Broadcasting & Cable TV.

Some of the similar funds are Aditya Birla Sun Life Digital India Fund Growth, ICICI Prudential Technology Fund Growth, Tata Digital India Fund Regular Growth, SBI Technology Opportunities Fund Regular Growth, Franklin India Technology Fund Growth. Aditya Birla Sun Life Digital India Fund Growth has a sharpe ratio of 1.16 & a standard deviation of 18.46%.