An open ended equity scheme investing in the Technology, Telecom, Media, Entertainment and other related ancillary sectors
Fund Category Sectoral/Thematic
Investment ObjectiveThe 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.
Fund Details
Fund Manager:
Mr. Kunal Sangoi &
Mr. Dhaval Joshi
Managing Fund Since:
January 16, 2014 & November 21, 2022
Experience in Managing the Fund:
9.4 years & 0.5 years
Date of Allotment:
January 15, 2000
Type of Scheme:
An open ended equity scheme investing in the Technology, Telecom, Media, Entertainment and other related ancillary sectors
Application Amount for fresh subscription:
1000 (plus in multiplies of 1)
Min. Addl. Investment:
1000 (plus in multiplies of 1)
SIP:
Monthly: Minimum 100/-
NAV of Plans / Options ()
$Income Distribution cum capital withdrawal
Regular Plan
Growth:
127.9200
IDCW$:
39.1400
Direct Plan
Growth:
140.7600
IDCW$:
52.0500
Benchmark:
S&P BSE Teck TRI
Monthly Average AUM:
3543.20 Crores
AUM as on last day:
3643.10 Crores
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load:
Nil
Exit Load:For redemption/switchout
of units on or before
30 days from the date of allotment : 1.00% of applicable
NAV.For redemption/switch-out of units after 30 days
from the date of allotment: Nil
Other Parameters
Standard Deviation:
20.48%
Sharpe Ratio:
1.29
Beta:
0.96
Portfolio Turnover:
0.26
Total Expense Ratio (TER)
Including additional expenses and goods and service tax on management fees.
Regular
1.92%
Direct
0.83%
Note: Standard Deviation, Sharpe Ratio & Beta are calculated on
Annualised basis using 3 years history of monthly returns. Risk Free Rate assumed to be 6.9% (FBIL Overnight MIBOR as on 30 June 2023) for calculating Sharpe Ratio
Data as on 30th June 2023 unless otherwise specified
Portfolio Holdings
Issuer
% to net Assets
Rating
IT - Software
73.48%
Infosys Limited
22.69%
Tata Consultancy Services Limited
10.89%
HCL Technologies Limited
8.38%
LTIMindtree Ltd
6.92%
Tech Mahindra Limited
6.69%
Coforge Limited
4.10%
Birlasoft Limited
2.93%
Wipro Limited
2.22%
Sonata Software Limited
2.04%
Rategain Travel Technologies Limited
2.03%
Persistent Systems Limited
1.27%
Latent View Analytics Limited
1.14%
Tanla Platforms Limited
0.87%
KPIT Technologies Limited
0.74%
CE Info Systems Limited
0.58%
Telecom - Services
7.36%
Bharti Airtel Limited
6.45%
Tata Communications Limited
0.54%
Bharti Airtel Limited
0.30%
Sterlite Technologies Limited
0.07%
United States of America
4.97%
Adobe Inc
1.25%
MICROSOFT CORPORATION
1.13%
Apple Inc.
1.11%
Cognizant Technology Solutions Cl A Com Stk
1.02%
Accenture PLC
0.46%
IT - Services
4.82%
Cyient Limited
4.44%
L&T Technology Services Limited
0.38%
Retailing
2.48%
FSN E-Commerce Ventures Limited
1.46%
Zomato Limited
1.02%
Commercial Services & Supplies
1.94%
CMS Info Systems Limited
1.46%
Redington (India) Limited
0.48%
Financial Technology (Fintech)
1.65%
One 97 Communications Limited
1.59%
PB Fintech Limited
0.06%
Industrial Manufacturing
1.36%
Honeywell Automation India Limited
1.36%
Exchange Traded Fund
0.41%
ADITYA BIRLA SUN LIFE NIFTY IT ETF
0.41%
Entertainment
0.38%
Zee Entertainment Enterprises Limited
0.38%
Others
0.22%
Cyient DLM Ltd
0.22%
Miscellaneous
0.00%
Jainpur Straw Brd
0.00%
Magnasound (I) Limited
0.00%
Oriqua Limited
0.00%
Sree Rama Polymer
0.00%
Cash & Current Assets
0.93%
Total Net Assets
100.00%
Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 3. Total Schemes managed by Mr. Kunal Sangoi is 3. Total Schemes managed by Mr. Dhaval Joshi is 47. Click here to know more on performance of schemes managed by Fund Managers.
# Scheme Benchmark, ## Additional Benchmark, * As on start of period considered above.
For SIP calculations above, the data assumes the investment of 10000/- on 1st day of every month or the subsequent working day. Load & Taxes
are not considered for computation of returns. Performance for IDCW option would assume reinvestment of tax free IDCW declared at the
then prevailing NAV. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).Where
Benchmark returns are not available, they have not been shown. Past performance may or may not be sustained in future. Returns greater than
1 year period are compounded annualized. IDCW are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. For SIP
returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.
Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.
This page is a part of the July 2023 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on http://empower.abslmf.com/ for the digital factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
