Aditya Birla Sun Life Digital India Fund
Direct · GrowthAI Summary
Aditya Birla Sun Life Digital India Fund has delivered strong SIP XIRR over longer horizons, with 7Y at 21.77% and 10Y at 20.24%, beating the category averages of 16.6% and 16.43% respectively. Near-term performance is weaker, with 1Y XIRR at 7.5% versus the category's 10.56%, and lump-sum 1Y fund CAGR of -7.71% trailing the NIFTY 50's -11.96% decline, aided by positive alpha of 1.63%. Long-term lump-sum returns are also strong, with 7Y fund CAGR of 18.49% versus the benchmark's 9.98% and alpha of 9.14%.
The fund shows effective downside management, with downside capture of 75.44-83.37% across periods, meaning it fell substantially less than the NIFTY 50 during weak markets. However, there are 9 drawdown events exceeding 10%, reflecting the inherent volatility of a sector-focused portfolio, with calendar year swings from -21.28% in 2022 to +71.59% in 2021. Calmar ratios of roughly 0.53-0.61 across durations indicate moderate risk-adjusted return efficiency relative to maximum drawdown.
The portfolio is heavily concentrated in IT - Software at 54.1% of assets, with Infosys (13.85%), Bharti Airtel (9.74%), and Tech Mahindra (7.77%) as the top holdings. With only 27 total holdings and a top-10 exposure exceeding 64%, this is a focused thematic bet on the digital and technology theme. This concentration amplifies both upside potential and vulnerability to sector-specific downturns.
The fund has outperformed category average SIP XIRR over 5Y (20.83% vs 17.43%), 7Y (21.77% vs 16.6%), and 12Y (18.01% vs 15.77%) horizons, demonstrating long-term consistency within the sectoral/thematic category. Its 3Y XIRR of 15.07% is only marginally below the category average of 16.17%, and its 1Y 7.5% trails the category's 10.56%. Persistent alpha versus the NIFTY 50 over 7Y, 10Y, 12Y, and 15Y (alphas of 7.01% to 9.14%) suggests sustained stock-picking value despite recent softness.
This fund suits investors with a high risk tolerance and a time horizon of at least 5-7 years, given its sector concentration and the calendar-year volatility of its returns. It is best positioned as a satellite allocation within a diversified portfolio rather than a core holding, given the 54.1% IT - Software concentration. Investors who can tolerate drawdowns exceeding 10%, of which there have been 9, and hold through weak phases like the recent -9.94% in 2026, are the appropriate audience.
- Strong long-term SIP XIRR of 21.77% over 7Y and 20.24% over 10Y, well above category averages of 16.6% and 16.43%
- Consistent alpha versus the NIFTY 50 over 7Y-15Y horizons, with 7Y alpha of 9.14% and downside capture as low as 70.31% over 15Y
- Low expense ratio of 0.89% for a sectoral fund, supporting net returns over long holding periods
- Heavy sector concentration of 54.1% in IT - Software and a top-10 exposure exceeding 64% makes returns highly dependent on a single theme
- Recent performance has weakened, with 1Y XIRR of 7.5% trailing the category average of 10.56% and consecutive negative calendar years in 2025 (-4.51%) and 2026 (-9.94%)
Generated on 02-11-2026, 3:37 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.63 L | 21.6% | -48.0% | 139.3% |
| 3 Years | ₹36.00 L | ₹45.43 L | 18.8% | -10.6% | 65.2% |
| 5 Years | ₹60.00 L | ₹97.07 L | 20.6% | -1.0% | 44.2% |
| 7 Years | ₹84.00 L | ₹1.89 Cr | 21.7% | 3.9% | 34.4% |
| 10 Years | ₹1.20 Cr | ₹3.52 Cr | 20.3% | 13.7% | 24.6% |
| 12 Years | ₹1.44 Cr | ₹4.79 Cr | 18.1% | 14.1% | 23.4% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 21.6% | 14.3% | 10.5% | +7.3% |
| 3 Years | 18.8% | 11.0% | 16.2% | +7.7% |
| 5 Years | 20.6% | 10.4% | 17.4% | +10.2% |
| 7 Years | 21.7% | 10.6% | 16.6% | +11.2% |
| 10 Years | 20.3% | 11.4% | 16.4% | +8.8% |
| 12 Years | 18.1% | 11.3% | 15.8% | +6.8% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 20.8% | 14.2% | -25.3% | 150.4% | 0.51 | 1.84 | 73% | — | — |
| 3 Years | 19.2% | 16.3% | 3.0% | 46.8% | 1.29 | 33.09 | 100% | — | — |
| 5 Years | 20.7% | 21.7% | 2.5% | 35.4% | 1.84 | 33.98 | 100% | — | — |
| 10 Years | 19.2% | 19.7% | 15.3% | 22.2% | 7.49 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -0.11 | 0.84 | 86.0% | 83.2% | -6.7% | -9.0% |
| 3 Years | -1.03 | 0.88 | 93.5% | 92.8% | 5.9% | 7.0% |
| 5 Years | -1.35 | 0.93 | 95.8% | 96.0% | 4.3% | 5.5% |
| 7 Years | +8.54 | 0.82 | 91.4% | 81.5% | 18.0% | 10.1% |
| 10 Years | +8.30 | 0.78 | 87.2% | 76.7% | 18.0% | 10.7% |
| 12 Years | +6.71 | 0.77 | 84.7% | 75.4% | 15.2% | 9.0% |
| 15 Years | +7.76 | 0.74 | 81.8% | 70.3% | 16.5% | 9.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Infosys Ltd. | 9.93% |
| 2 | Tech Mahindra Ltd. | 7.85% |
| 3 | Tata Consultancy Services Ltd. | 7.20% |
| 4 | Bharti Airtel Ltd. | 7.18% |
| 5 | Eternal Ltd. | 5.93% |
| 6 | Coforge Ltd. | 5.10% |
| 7 | Persistent Systems Ltd. | 4.92% |
| 8 | HCL Technologies Ltd. | 3.55% |
| 9 | LTM Ltd. | 3.35% |
| 10 | Cyient Ltd. | 3.19% |