Aditya Birla Sun Life Digital India Fund: MF scheme delivers power of digital India

Aditya Birla Sun Life Digital India Fund: MF scheme delivers power of digital India

Digital India is not only a slogan but also provides a solid economic opportunity for investors. It’s an ecosystem that harnesses the power of the digital India movement that has become a transformative economic engine in a country of nearly 145 crore people. Aditya Birla Sun Life Digital India Fund is one of the mutual fund schemes that tries to harness the immense financial gains arising out of the Digital India concept.

Aditya Birla Sun Life Digital India Fund was launched in January 2000 – one of the earliest to sniff the opportunity and turn it into an investment opportunity. As on January 3, 2025, its NAV was Rs 188.36. The size of this sectoral fund is Rs 5,332.68 crore and has an expense ratio of 1.87%, while the category average is 2.08%.

Aditya Birla Sun Life Digital India Fund Returns

Over the past 6-month period, this fund has turned a lump sum investment of Rs 10,000 into Rs 11,414.70. If invested 1 year ago, it has turned the same amount into Rs 12,147.90; 2 years ago into Rs 16,293.60; 3 years ago into Rs 12,825.90 and 5 years ago into 34,586.40. If the same lump sum was invested 10 years ago, Aditya Birla Sun Life Digital India Fund would have generated Rs 56,658.70. If someone invested Rs 10,000 on January 15, 2000 (the date of the launch of the fund), it would have turned into Rs 1,90,260.

Now, let’s turn to SIP returns. A Rs 1,000 SIP 1 year ago would have generated a value of Rs 13,645.24; 2 years ago would have become Rs 31,562.02; 3 years ago would have turned into Rs 50,137.47. The same SIP if continued for 5 years would have become Rs 1,10,119.62 while if done for the past 10 years, it would have generated Rs 3,92,387.39.

Aditya Birla Sun Life Digital India Fund top stocks

The top stocks where Aditya Birla Sun Life Digital India Fund puts its money are Infosys, TCS, Bharti Airtel, Tech Mahindra, LTIMindtree, Zomato, HCL Tech, Cyient, Coforge, Firstsource Solutions. These companies work in computers hardware and software, telecom, e-commerce, e-retail, IT-enabled services and allied sectors.

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)

 If you take a time period of 5 years, 7 years and 10 years, Aditya Birla Sun Life Digital India Fund has provided returns of 27.86%, 23.56% and 19.20%. In 2024, this fund has delivered returns of about 18.5%. For details, read on.  Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today