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: 29-04-2024
NAV ₹152.12 (R) -0.25% ₹168.94 (D) -0.24%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 32.5% 15.6% 22.69% 23.54% 19.12%
LumpSum Dir. P 33.97% 17.01% 24.07% 24.87% 20.28%
SIP Reg. P 17.2% 12.42% 22.32% 22.31% 19.76%
SIP Dir. P 18.54% 13.71% 23.82% 23.71% 20.98%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.45 0.23 0.46 4.62% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
18.01% -23.97% -25.77% 0.96 13.51%

NAV Date: 29-04-2024

Scheme Name NAV Rupee Change Percent Change
Aditya Birla Sun Life Digital India Fund -Regular - IDCW 43.2
-0.1100
-0.2500%
Aditya Birla Sun Life Digital India Fund -DIRECT - IDCW 57.99
-0.1400
-0.2400%
Aditya Birla Sun Life Digital India Fund - Growth - Regular Plan 152.12
-0.3800
-0.2500%
Aditya Birla Sun Life Digital India Fund - Growth - Direct Plan 168.94
-0.4100
-0.2400%

Review Date: March 28, 2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed five return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The Aditya Birla Sun Life Digital India Fund has one return parameter in the top 25% in the category, as shown below:
      • 5Y Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Aditya Birla Sun Life Digital India Fund has four return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 3Y Return %
      • 3M Return %
      • 1M Return %
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. 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 18.01 %.
      • 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 13.51 %.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Aditya Birla Sun Life Digital India Fund, we have evaluated four risk-adjusted performance parameters.
    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: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: Aditya Birla Sun Life Digital India Fund has four risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Aditya Birla Sun Life Digital India Fund has a Sharpe Ratio of 0.45 compared to the category average of 0.48.
      • Sterling Ratio: Aditya Birla Sun Life Digital India Fund has a Sterling Ratio of 0.46 compared to the category average of 0.48.
      • Sortino Ratio: Aditya Birla Sun Life Digital India Fund has a Sortino Ratio of 0.23 compared to the category average of 0.24.
      • Treynor Ratio: Aditya Birla Sun Life Digital India Fund has a Treynor Ratio of 0.09 compared to the category average of 0.1.


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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 % -2.19
-1.24
-2.19 | 1.21 5 | 5
No
No
Yes
3M Return % -5.24
-1.55
-5.24 | 6.15 5 | 5
No
No
Yes
6M Return % 11.10
17.25
11.10 | 29.26 5 | 5
No
No
Yes
1Y Return % 32.50
37.57
27.03 | 60.21 3 | 5
No
No
No
3Y Return % 15.60
16.50
15.60 | 18.26 5 | 5
No
No
Yes
5Y Return % 22.69
22.12
20.99 | 22.96 2 | 5
Yes
Yes
No
7Y Return % 23.54
23.09
21.98 | 24.42 2 | 5
Yes
Yes
No
10Y Return % 19.12
18.32
17.46 | 19.12 1 | 4
Yes
Yes
No
15Y Return % 18.66
20.45
18.66 | 22.82 3 | 3
No
No
Yes
1Y SIP Return % 17.20
26.45
17.20 | 50.31 5 | 5
No
No
Yes
3Y SIP Return % 12.42
14.91
11.38 | 24.90 3 | 5
No
No
No
5Y SIP Return % 22.32
22.85
21.00 | 25.49 4 | 5
No
No
Yes
7Y SIP Return % 22.31
22.39
21.12 | 23.34 4 | 5
No
No
Yes
10Y SIP Return % 19.76
19.27
18.18 | 19.76 1 | 4
Yes
Yes
No
15Y SIP Return % 18.31
18.69
17.90 | 19.86 2 | 3
No
No
No
Standard Deviation 18.01
17.80
16.92 | 18.50 3 | 5
No
No
No
Semi Deviation 13.51
13.20
12.25 | 13.77 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
-23.10
-24.84 | -20.19 4 | 5
No
No
Yes
Average Drawdown % -8.03
-9.07
-13.23 | -6.03 3 | 5
Yes
No
No
Sharpe Ratio 0.45
0.48
0.42 | 0.53 4 | 5
No
No
Yes
Sterling Ratio 0.46
0.48
0.44 | 0.54 4 | 5
No
No
Yes
Sortino Ratio 0.23
0.24
0.22 | 0.27 4 | 5
No
No
Yes
Jensen Alpha % 4.62
5.79
4.62 | 7.05 5 | 5
No
No
Yes
Treynor Ratio 0.09
0.10
0.09 | 0.11 5 | 5
No
No
Yes
Modigliani Square Measure % 16.26
17.54
16.26 | 18.31 5 | 5
No
No
Yes
Alpha % 4.18
4.64
3.78 | 5.11 4 | 5
No
No
Yes
Return data last Updated On : April 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 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 % -2.10 -1.16 -2.10 | 1.29 5 | 5
No
No
Yes
3M Return % -4.98 -1.29 -4.98 | 6.41 5 | 5
No
No
Yes
6M Return % 11.72 17.87 11.72 | 29.89 5 | 5
No
No
Yes
1Y Return % 33.97 39.09 28.46 | 61.93 3 | 5
No
No
No
3Y Return % 17.01 17.90 16.84 | 19.46 4 | 5
No
No
Yes
5Y Return % 24.07 23.51 22.30 | 24.09 2 | 5
Yes
Yes
No
7Y Return % 24.87 24.47 23.24 | 26.46 2 | 5
Yes
Yes
No
10Y Return % 20.28 19.40 18.66 | 20.28 1 | 4
Yes
Yes
No
1Y SIP Return % 18.54 27.84 18.54 | 51.86 5 | 5
No
No
Yes
3Y SIP Return % 13.71 16.21 12.40 | 26.12 3 | 5
No
No
No
5Y SIP Return % 23.82 24.33 22.42 | 26.73 4 | 5
No
No
Yes
7Y SIP Return % 23.71 23.81 22.51 | 24.58 4 | 5
No
No
Yes
10Y SIP Return % 20.98 20.39 19.42 | 20.98 1 | 4
Yes
Yes
No
Standard Deviation 18.01 17.80 16.92 | 18.50 3 | 5
No
No
No
Semi Deviation 13.51 13.20 12.25 | 13.77 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 -23.10 -24.84 | -20.19 4 | 5
No
No
Yes
Average Drawdown % -8.03 -9.07 -13.23 | -6.03 3 | 5
Yes
No
No
Sharpe Ratio 0.45 0.48 0.42 | 0.53 4 | 5
No
No
Yes
Sterling Ratio 0.46 0.48 0.44 | 0.54 4 | 5
No
No
Yes
Sortino Ratio 0.23 0.24 0.22 | 0.27 4 | 5
No
No
Yes
Jensen Alpha % 4.62 5.79 4.62 | 7.05 5 | 5
No
No
Yes
Treynor Ratio 0.09 0.10 0.09 | 0.11 5 | 5
No
No
Yes
Modigliani Square Measure % 16.26 17.54 16.26 | 18.31 5 | 5
No
No
Yes
Alpha % 4.18 4.64 3.78 | 5.11 4 | 5
No
No
Yes
Return data last Updated On : April 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.25 ₹ 9975.0 -0.24 ₹ 9976.0
1W -0.21 ₹ 9979.0 -0.19 ₹ 9981.0
1M -2.19 ₹ 9781.0 -2.1 ₹ 9790.0
3M -5.24 ₹ 9476.0 -4.98 ₹ 9502.0
6M 11.1 ₹ 11110.0 11.72 ₹ 11172.0
1Y 32.5 ₹ 13250.0 33.97 ₹ 13397.0
3Y 15.6 ₹ 15450.0 17.01 ₹ 16021.0
5Y 22.69 ₹ 27800.0 24.07 ₹ 29401.0
7Y 23.54 ₹ 43927.0 24.87 ₹ 47335.0
10Y 19.12 ₹ 57534.0 20.28 ₹ 63392.0
15Y 18.66 ₹ 130240.0 - ₹ -

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 17.1962 ₹ 13088.604 18.5421 ₹ 13171.716
3Y ₹ 36000 12.4158 ₹ 43340.868 13.7125 ₹ 44160.66
5Y ₹ 60000 22.3236 ₹ 104438.22 23.8169 ₹ 108267.36
7Y ₹ 84000 22.3116 ₹ 186031.524 23.7137 ₹ 195512.772
10Y ₹ 120000 19.7551 ₹ 339993.0 20.978 ₹ 363237.6
15Y ₹ 180000 18.3066 ₹ 823833.7200000001 - ₹ -


Date NAV Regular Growth NAV Direct Growth
29-04-2024 152.12 168.94
26-04-2024 152.5 169.35
25-04-2024 152.49 169.33
24-04-2024 151.91 168.68
23-04-2024 152.44 169.26
22-04-2024 151.54 168.25
19-04-2024 150.36 166.93
18-04-2024 151.1 167.75
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

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.