NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹151.91
-0.35%
NAV as on 24 Apr 24, 12:00 AM
very high risk
sector technology
equity
NAV as on 24 Apr 24, 12:00 AM
very high risk
sector technology
equity
36.16%p.a.
Last 1Y
16.09%p.a.
Last 3Y
23.00%p.a.
Last 5Y
11.99%p.a.
Since Inception
About Aditya Birla Sun Life Digital India Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Aditya Birla Sun Life Digital India Fund Growth scheme from Aditya Birla Sun Life AMC Ltd. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Jan 2000, Aditya Birla Sun Life Digital India Fund Growth is Sector - Technology fund of its category with 4,563.3 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.
- Aditya Birla Sun Life Digital India Fund Growth delivered 36.2% annual returns during the last year. It has delivered 12.0% average annual returns since the fund was launched.
- Aditya Birla Sun Life Digital India Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund 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 IDCW.
Top 10 Holdings
Infosys Ltd
22.09%
Tata Consultancy Services Ltd
11.03%
Bharti Airtel Ltd
8.01%
HCL Technologies Ltd
7.27%
LTIMindtree Ltd
6.71%
Cyient Ltd
5.04%
Coforge Ltd
3.35%
Sonata Software Ltd
2.77%
Zomato Ltd
2.74%
Tech Mahindra Ltd
2.53%
Fund Managers
- Kunal Sangoi (Jan 2014 - Present)
- Dhaval Joshi (Nov 2022 - Present)
Key Information
View Scheme Document
Aditya Birla Sun Life Digital India Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Aditya Birla Sun Life Digital India Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Aditya Birla Sun Life Digital India Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Aditya Birla Sun Life Digital India Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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