Previously Known As : Aditya Birla Sun Life New Millennium Fund
Aditya Birla Sun Life Digital India Fund Overview
Category Technology Fund
BMSMONEY Rank None
BMSMONEY Rating
Growth Option As On: 16-04-2024
NAV ₹151.14 (R) -1.7% ₹167.79 (D) -1.7%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 34.33% 15.4% 23.26% 23.83% 18.84%
LumpSum Dir. P 35.83% 16.81% 24.65% 25.15% 20.0%
SIP Reg. P 16.14% 12.01% 22.2% 22.28% 20.2%
SIP Dir. P 17.49% 13.31% 23.7% 23.69% 21.43%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.74 0.35 0.59 5.47% 0.14
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
17.69% -23.97% -25.77% 0.96 13.52%

NAV Date: 16-04-2024

Scheme Name NAV Rupee Change Percent Change
Aditya Birla Sun Life Digital India Fund -Regular - IDCW 42.92
-0.7500
-1.7200%
Aditya Birla Sun Life Digital India Fund -DIRECT - IDCW 57.59
-1.0000
-1.7100%
Aditya Birla Sun Life Digital India Fund - Growth - Regular Plan 151.14
-2.6200
-1.7000%
Aditya Birla Sun Life Digital India Fund - Growth - Direct Plan 167.79
-2.9000
-1.7000%

Review Date: Feb. 29, 2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the six return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
    1. Top 25%: One return parameter of the Aditya Birla Sun Life Digital India Fund is in the top 25% in the category, as listed below:
      • 5Y Return %
    2. Above Average Below the Top 25%: The Aditya Birla Sun Life Digital India Fund has one return parameter in the category, which is above average but below the top 25%, as listed below:
      • 3Y Return %
    3. Below Average: Four return parameters of the fund are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For Aditya Birla Sun Life Digital India Fund, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Aditya Birla Sun Life Digital India Fund does not have any risk parameters in the lowest 25% of the category. It means the fund has high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Aditya Birla Sun Life Digital India Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Aditya Birla Sun Life Digital India Fund has two parameters that are above average which are listed below:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 17.69 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 13.52 %.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated four risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Aditya Birla Sun Life Digital India Fund has two risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Aditya Birla Sun Life Digital India Fund has a Sharpe Ratio of 0.74 compared to the category average of 0.72.
      • Sortino Ratio: Aditya Birla Sun Life Digital India Fund has a Sortino Ratio of 0.35 compared to the category average of 0.35.
    3. Below Average Risk Adjusted Performance Parameters: Aditya Birla Sun Life Digital India Fund has two risk-adjusted performance parameters of the fund that are below average in the category.
      • Sterling Ratio: Aditya Birla Sun Life Digital India Fund has a Sterling Ratio of 0.59 compared to the category average of 0.6.
      • Treynor Ratio: Aditya Birla Sun Life Digital India Fund has a Treynor Ratio of 0.14 compared to the category average of 0.14.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % -5.29
-3.64
-5.54 | 1.87 4 | 5
No
No
Yes
3M Return % -7.32
-3.10
-7.32 | 4.93 5 | 5
No
No
Yes
6M Return % 7.05
12.04
7.05 | 21.90 5 | 5
No
No
Yes
1Y Return % 34.33
38.33
28.03 | 58.66 3 | 5
No
No
No
3Y Return % 15.40
15.93
15.09 | 17.13 4 | 5
No
No
Yes
5Y Return % 23.26
22.56
21.26 | 23.30 2 | 5
Yes
Yes
No
7Y Return % 23.83
23.20
22.04 | 24.43 2 | 5
Yes
Yes
No
10Y Return % 18.84
17.94
17.18 | 18.84 1 | 4
Yes
Yes
No
15Y Return % 19.52
21.50
19.52 | 23.95 3 | 3
No
No
Yes
1Y SIP Return % 16.14
24.17
14.60 | 47.26 4 | 5
No
No
Yes
3Y SIP Return % 12.01
14.10
10.32 | 23.56 3 | 5
No
No
No
5Y SIP Return % 22.20
22.48
20.52 | 24.79 4 | 5
No
No
Yes
7Y SIP Return % 22.28
22.18
20.85 | 22.88 4 | 5
Yes
No
Yes
10Y SIP Return % 20.20
19.55
18.44 | 20.20 1 | 4
Yes
Yes
No
15Y SIP Return % 18.29
18.60
17.85 | 19.68 2 | 3
No
No
No
Standard Deviation 17.69
17.60
16.78 | 18.34 3 | 5
No
No
No
Semi Deviation 13.52
13.29
12.32 | 13.92 3 | 5
No
No
No
Max Drawdown % -25.77
-25.13
-26.53 | -21.90 3 | 5
No
No
No
VaR 1 Y % -23.97
-22.96
-24.84 | -19.49 4 | 5
No
No
Yes
Average Drawdown % -13.28
-14.19
-21.90 | -9.40 4 | 5
Yes
No
Yes
Sharpe Ratio 0.74
0.72
0.66 | 0.81 3 | 5
Yes
No
No
Sterling Ratio 0.59
0.60
0.54 | 0.69 3 | 5
No
No
No
Sortino Ratio 0.35
0.35
0.32 | 0.38 3 | 5
Yes
No
No
Jensen Alpha % 5.47
5.39
3.78 | 7.16 2 | 5
Yes
Yes
No
Treynor Ratio 0.14
0.14
0.13 | 0.15 3 | 5
No
No
No
Modigliani Square Measure % 21.19
21.69
20.03 | 22.93 4 | 5
No
No
Yes
Alpha % 4.84
3.85
2.55 | 5.48 2 | 5
Yes
Yes
No
Return data last Updated On : April 16, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % -5.20 -3.56 -5.48 | 1.95 4 | 5
No
No
Yes
3M Return % -7.06 -2.85 -7.06 | 5.19 5 | 5
No
No
Yes
6M Return % 7.65 12.63 7.65 | 22.49 5 | 5
No
No
Yes
1Y Return % 35.83 39.84 29.45 | 60.36 3 | 5
No
No
No
3Y Return % 16.81 17.32 16.28 | 18.31 4 | 5
No
No
Yes
5Y Return % 24.65 23.95 22.58 | 24.65 1 | 5
Yes
Yes
No
7Y Return % 25.15 24.58 23.26 | 26.48 2 | 5
Yes
Yes
No
10Y Return % 20.00 19.01 18.29 | 20.00 1 | 4
Yes
Yes
No
1Y SIP Return % 17.49 25.55 15.90 | 48.80 4 | 5
No
No
Yes
3Y SIP Return % 13.31 15.40 11.33 | 24.77 3 | 5
No
No
No
5Y SIP Return % 23.70 23.95 21.94 | 26.02 3 | 5
No
No
No
7Y SIP Return % 23.69 23.60 22.24 | 24.57 3 | 5
Yes
No
No
10Y SIP Return % 21.43 20.68 19.68 | 21.43 1 | 4
Yes
Yes
No
Standard Deviation 17.69 17.60 16.78 | 18.34 3 | 5
No
No
No
Semi Deviation 13.52 13.29 12.32 | 13.92 3 | 5
No
No
No
Max Drawdown % -25.77 -25.13 -26.53 | -21.90 3 | 5
No
No
No
VaR 1 Y % -23.97 -22.96 -24.84 | -19.49 4 | 5
No
No
Yes
Average Drawdown % -13.28 -14.19 -21.90 | -9.40 4 | 5
Yes
No
Yes
Sharpe Ratio 0.74 0.72 0.66 | 0.81 3 | 5
Yes
No
No
Sterling Ratio 0.59 0.60 0.54 | 0.69 3 | 5
No
No
No
Sortino Ratio 0.35 0.35 0.32 | 0.38 3 | 5
Yes
No
No
Jensen Alpha % 5.47 5.39 3.78 | 7.16 2 | 5
Yes
Yes
No
Treynor Ratio 0.14 0.14 0.13 | 0.15 3 | 5
No
No
No
Modigliani Square Measure % 21.19 21.69 20.03 | 22.93 4 | 5
No
No
Yes
Alpha % 4.84 3.85 2.55 | 5.48 2 | 5
Yes
Yes
No
Return data last Updated On : April 16, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.7 ₹ 9830.0 -1.7 ₹ 9830.0
1W - ₹ - - ₹ -
1M -5.29 ₹ 9471.0 -5.2 ₹ 9480.0
3M -7.32 ₹ 9268.0 -7.06 ₹ 9294.0
6M 7.05 ₹ 10705.0 7.65 ₹ 10765.0
1Y 34.33 ₹ 13433.0 35.83 ₹ 13583.0
3Y 15.4 ₹ 15369.0 16.81 ₹ 15937.0
5Y 23.26 ₹ 28453.0 24.65 ₹ 30091.0
7Y 23.83 ₹ 44637.0 25.15 ₹ 48077.0
10Y 18.84 ₹ 56165.0 20.0 ₹ 61892.0
15Y 19.52 ₹ 145048.0 - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 16.1433 ₹ 13024.368 17.4944 ₹ 13108.104
3Y ₹ 36000 12.0123 ₹ 43087.86 13.3127 ₹ 43906.752
5Y ₹ 60000 22.2022 ₹ 104136.24 23.697 ₹ 107959.92
7Y ₹ 84000 22.2832 ₹ 185849.916 23.6864 ₹ 195330.576
10Y ₹ 120000 20.1976 ₹ 348229.6800000001 21.4279 ₹ 372194.64
15Y ₹ 180000 18.2911 ₹ 822697.74 - ₹ -


Date NAV Regular Growth NAV Direct Growth
16-04-2024 151.14 167.79
15-04-2024 153.76 170.69
12-04-2024 156.1 173.27
09-04-2024 156.24 173.41
08-04-2024 156.06 173.21
05-04-2024 156.46 173.63
04-04-2024 157.01 174.24
03-04-2024 156.01 173.12
02-04-2024 155.22 172.24
01-04-2024 155.52 172.57
28-03-2024 155.12 172.1
27-03-2024 154.53 171.45
26-03-2024 154.81 171.74
22-03-2024 155.59 172.59
21-03-2024 157.6 174.82
20-03-2024 156.76 173.88
19-03-2024 156.89 174.02
18-03-2024 159.58 176.99
15-03-2024 161.19 178.76
14-03-2024 161.84 179.49
13-03-2024 158.76 176.05
12-03-2024 161.41 178.99
11-03-2024 160.69 178.19
07-03-2024 161.8 179.39
06-03-2024 161.36 178.9
05-03-2024 160.93 178.42
04-03-2024 163.02 180.73
01-03-2024 163.63 181.39
29-02-2024 164.08 181.89
28-02-2024 164.19 182.0
27-02-2024 165.07 182.97
26-02-2024 164.37 182.19
23-02-2024 165.36 183.27
22-02-2024 165.3 183.2
21-02-2024 162.63 180.23
20-02-2024 165.08 182.94
19-02-2024 166.23 184.21
16-02-2024 166.05 184.0
15-02-2024 165.47 183.34
14-02-2024 164.52 182.29
13-02-2024 165.31 183.16
12-02-2024 165.02 182.83
09-02-2024 164.9 182.69
08-02-2024 165.7 183.57
07-02-2024 165.54 183.38
06-02-2024 166.75 184.72
05-02-2024 163.01 180.56
02-02-2024 163.67 181.28
01-02-2024 160.51 177.78
31-01-2024 161.44 178.8
30-01-2024 160.54 177.8
29-01-2024 160.89 178.18
25-01-2024 160.91 178.19
24-01-2024 162.46 179.89
23-01-2024 160.45 177.66
19-01-2024 163.7 181.23
18-01-2024 161.66 178.97
17-01-2024 163.07 180.53
16-01-2024 163.1 180.56
15-01-2024 164.55 182.16
12-01-2024 162.28 179.63
11-01-2024 155.72 172.36
10-01-2024 156.34 173.04
09-01-2024 155.88 172.52
08-01-2024 155.06 171.62
05-01-2024 155.78 172.4
04-01-2024 154.53 171.01
03-01-2024 154.26 170.71
02-01-2024 156.62 173.31
01-01-2024 157.93 174.76
29-12-2023 157.8 174.6
28-12-2023 158.21 175.05
27-12-2023 158.6 175.47
26-12-2023 157.52 174.27
22-12-2023 158.35 175.16
21-12-2023 155.65 172.17
20-12-2023 154.3 170.67
19-12-2023 157.45 174.15
18-12-2023 158.29 175.07
15-12-2023 158.36 175.13
14-12-2023 153.49 169.74
13-12-2023 149.26 165.06
12-12-2023 150.03 165.9
11-12-2023 150.19 166.07
08-12-2023 149.56 165.37
07-12-2023 148.49 164.17
06-12-2023 149.34 165.12
05-12-2023 147.77 163.37
04-12-2023 149.07 164.8
01-12-2023 147.93 163.52
30-11-2023 147.66 163.22
29-11-2023 147.19 162.7
28-11-2023 145.46 160.79
24-11-2023 145.08 160.35
23-11-2023 145.77 161.1
22-11-2023 146.44 161.84
21-11-2023 145.96 161.31
20-11-2023 146.2 161.56
17-11-2023 144.92 160.14
16-11-2023 144.77 159.96
15-11-2023 142.13 157.04
13-11-2023 139.7 154.35
10-11-2023 139.37 153.97
09-11-2023 139.51 154.12
08-11-2023 140.23 154.91
07-11-2023 140.14 154.81
06-11-2023 140.36 155.05
03-11-2023 139.31 153.87
02-11-2023 137.96 152.38
01-11-2023 136.38 150.62
31-10-2023 136.63 150.9
30-10-2023 136.92 151.22
27-10-2023 136.79 151.05
26-10-2023 134.83 148.89
25-10-2023 135.86 150.02
23-10-2023 137.07 151.35
20-10-2023 140.29 154.89
19-10-2023 140.74 155.38
18-10-2023 140.38 154.98
17-10-2023 141.18 155.86
16-10-2023 140.2 154.78
13-10-2023 140.18 154.74
12-10-2023 141.26 155.92
11-10-2023 142.55 157.35
10-10-2023 141.96 156.69
09-10-2023 140.3 154.85
06-10-2023 140.88 155.48
05-10-2023 140.03 154.54
04-10-2023 138.67 153.03
03-10-2023 138.88 153.25
29-09-2023 139.0 153.37
27-09-2023 140.62 155.15
26-09-2023 139.91 154.37
25-09-2023 140.22 154.7
22-09-2023 140.9 155.44
21-09-2023 141.08 155.64
20-09-2023 141.37 155.95
18-09-2023 142.59 157.28
15-09-2023 143.99 158.82
14-09-2023 142.95 157.66
13-09-2023 142.23 156.87
12-09-2023 142.07 156.69
11-09-2023 142.8 157.48
08-09-2023 141.87 156.45
07-09-2023 141.88 156.45
06-09-2023 141.88 156.45
05-09-2023 141.87 156.43
04-09-2023 140.33 154.73
01-09-2023 138.51 152.7
31-08-2023 136.9 150.93
30-08-2023 136.42 150.39
29-08-2023 135.4 149.27
28-08-2023 134.92 148.73
25-08-2023 135.49 149.36
24-08-2023 135.89 149.79
23-08-2023 134.93 148.73
22-08-2023 134.63 148.4
21-08-2023 134.3 148.03
18-08-2023 133.24 146.84
17-08-2023 134.73 148.49
16-08-2023 135.0 148.78
14-08-2023 134.55 148.27
11-08-2023 133.96 147.6
10-08-2023 134.14 147.79
09-08-2023 134.19 147.84
08-08-2023 133.89 147.51
07-08-2023 134.14 147.78
04-08-2023 132.69 146.17
03-08-2023 130.76 144.03
02-08-2023 130.88 144.17
01-08-2023 131.85 145.23
31-07-2023 130.86 144.13
28-07-2023 129.63 142.77
27-07-2023 129.82 142.97
26-07-2023 129.64 142.77
25-07-2023 129.33 142.43
24-07-2023 129.57 142.68
21-07-2023 129.56 142.66
20-07-2023 133.4 146.88
19-07-2023 134.17 147.72
18-07-2023 134.22 147.78
17-07-2023 133.2 146.65
14-07-2023 132.83 146.23
13-07-2023 128.53 141.49
12-07-2023 126.9 139.7
11-07-2023 127.54 140.39
10-07-2023 126.6 139.35
07-07-2023 127.74 140.59
06-07-2023 128.7 141.65
05-07-2023 128.85 141.81
04-07-2023 128.45 141.36
03-07-2023 127.9 140.75
30-06-2023 127.92 140.76
28-06-2023 125.61 138.21
27-06-2023 125.18 137.74
26-06-2023 124.14 136.59
23-06-2023 123.87 136.28
22-06-2023 124.77 137.27
21-06-2023 125.6 138.17
20-06-2023 125.41 137.96
19-06-2023 124.59 137.06
16-06-2023 124.33 136.75
15-06-2023 124.04 136.44
14-06-2023 124.18 136.59
13-06-2023 124.23 136.63
12-06-2023 123.52 135.85
09-06-2023 121.66 133.79
08-06-2023 121.94 134.1
07-06-2023 122.93 135.18
06-06-2023 121.99 134.14
05-06-2023 123.76 136.09
02-06-2023 124.02 136.35
01-06-2023 123.24 135.5
31-05-2023 122.87 135.08
30-05-2023 122.05 134.18
29-05-2023 122.01 134.13
26-05-2023 122.28 134.41
25-05-2023 120.83 132.82
24-05-2023 120.24 132.17
23-05-2023 120.5 132.45
22-05-2023 121.02 133.02
19-05-2023 118.83 130.6
18-05-2023 117.19 128.8
17-05-2023 117.2 128.79
16-05-2023 117.79 129.44
15-05-2023 117.46 129.08
12-05-2023 116.39 127.89
11-05-2023 116.74 128.27
10-05-2023 116.78 128.31
09-05-2023 116.6 128.11
08-05-2023 116.25 127.72
05-05-2023 115.19 126.55
04-05-2023 115.65 127.04
03-05-2023 114.9 126.21
02-05-2023 115.85 127.26
28-04-2023 114.81 126.1
27-04-2023 113.19 124.31
26-04-2023 111.78 122.77
25-04-2023 111.61 122.58
24-04-2023 111.57 122.53
21-04-2023 111.27 122.18
20-04-2023 110.74 121.6
19-04-2023 110.84 121.7
18-04-2023 112.51 123.53
17-04-2023 111.91 122.88

Fund Launch Date: 15/Dec/1999
Fund Category: Technology Fund
Investment Objective: 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 dividend.
Fund Description: It is a thematic fund that invests in companies from the technology, internet, telecommunication and media & entertainment sectors. The fund can also invest in stocks of global technology companies (up to 25% of net assets) and related ancillary sectors. This theme has a large ambit of investee companies - i.e. Technology sector includes IT services, digital tech cos, fintech, IT software product & hardware and distribution, media & entertainment sector that spans across - broadcasting, distribution, radio, print, exhibition and telecom - operator segment, telecom hardware sector among others.
Fund Benchmark: S&P BSE Teck Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.