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Fincash » UTI India Lifestyle Fund Vs Aditya Birla Sun Life Digital India Fund

UTI India Lifestyle Fund Vs Aditya Birla Sun Life Digital India Fund

Updated on February 17, 2020 , 122 views

UTI India Lifestyle Fund Vs Aditya Birla Sun Life Digital India Fund is a comparative article that eases the option or process of choosing one fund of the same category for the investors. Both the funds belong to the same category of Mutual Funds- infrastructure sector equity. sector funds are a type of mutual fund that invests in securities of specific sectors of the economy, such as telecom, banking, FMCG, Information Technology (IT), pharmaceutical and infrastructure. Sector funds carry a higher volatility than any other Equity Funds. As, high-risk comes with high-reward, sector funds seem to comply with it. So, let us understand the differences between UTI India Lifestyle Fund and Aditya Birla Sun Life Digital India Fund by comparing various parameters such as AUM, NAV, performance, and so on.

UTI India Lifestyle Fund

UTI India Lifestyle Fund was launched in the year 2007. The main objective of the fund is to provide long-term capital appreciation as well as/or income distribution from a diversified portfolio of equity related instruments. The fund will primarily focus on Investing in sectors, areas, companies and themes that are expected to benefit from changing Indian demographics, Indian lifestyles and rising consumption pattern.

Some of the top holdings of the fund as on 31st July 2018 are ITC Ltd, Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd, Nestle India Ltd, Bharti Airtel Ltd, Eicher Motors Ltd, etc.

Aditya Birla Sun Life Digital India Fund (Erstwhile Aditya Birla Sun Life New Millennium Fund)

Aditya Birla Sun Life Digital India Fund, earlier known as Erstwhile Aditya Birla Sun Life New Millennium Fund was launched in the year 2000. The fund aims to generate long-term capital growth with a target allocation of 100 percent equity, focusing on investing in technology companies. The fund focuses on investing in technology dependent companies like hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective of the fund is of income generation and distribution of dividend.

Some of the top holdings of the fund as on 31st July 2018 are Infosys Ltd, HCL Technologies Ltd, Tata Consultancy Services Ltd, Sterlite Technologies Ltd, Tech Mahindra Ltd, Sun TV Network Ltd, etc.

UTI India Lifestyle Fund Vs Aditya Birla Sun Life Digital India Fund

Basics Section

Being the first section, it compares parameters such as current NAV, AUM, expense ratio, Fincash Rating, scheme category, and many more. Even, with respect to scheme category, both the schemes are a part of the same category, Sector Equity.

Based on Fincash Rating, it can be said that, both the schemes are rated as 3-Star Schemes.

The comparison of the basics section is as follows.

Parameters
BasicsNAV
Net Assets (Cr)
Launch Date
Rating
Category
Sub Cat.
Category Rank
Risk
Expense Ratio
Sharpe Ratio
Information Ratio
Alpha Ratio
Benchmark
Exit Load
UTI India Lifestyle Fund
Growth
Fund Details
₹28.3227 ↑ 0.37   (1.33 %)
₹275 on 31 Jan 20
30 Jul 07
Equity
Sectoral
64
High
2.86
0.77
-0.22
4.28
Not Available
0-1 Years (1%),1 Years and above(NIL)
Aditya Birla Sun Life Digital India Fund
Growth
Fund Details
₹59.49 ↑ 0.06   (0.10 %)
₹440 on 31 Jan 20
15 Jan 00
Equity
Sectoral
33
High
2.75
0.98
0.51
5.13
Not Available
0-365 Days (1%),365 Days and above(NIL)

Performance Section

Being the second section, it analyses the differences in the Compounded Annual Growth Rate or CAGR returns of both the schemes. These CAGR returns are compared at different time intervals such as 1 Month Return, 6 Month Return, 5 Year Return, and Return since Inception. The comparison of CAGR returns reveals that Aditya Birla Sun Life Digital India Fund has performed better in most instances than UTI India Lifestyle Fund. The table given below summarizes the comparison of the performance section.

Parameters
Performance1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Since launch
UTI India Lifestyle Fund
Growth
Fund Details
1%
4.9%
19.1%
18.8%
9.4%
6.2%
8.6%
Aditya Birla Sun Life Digital India Fund
Growth
Fund Details
3.3%
9.4%
13.3%
13.1%
18.5%
10.2%
0%

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Yearly Performance Section

The comparison of absolute returns generated by both the schemes for a particular year is done in the yearly performance section. The analysis of absolute returns shows that both the funds have performed differently in different years. The summary comparison of the yearly performance section is tabulated as follows.

Parameters
Yearly Performance2019
2018
2017
2016
2015
UTI India Lifestyle Fund
Growth
Fund Details
5.8%
-2.5%
32.6%
3.2%
-1.9%
Aditya Birla Sun Life Digital India Fund
Growth
Fund Details
9.6%
15.6%
22.4%
-3.5%
11.2%

Other Details Section

The minimum SIP investment and minimum lumpsum investment are some of the parameters that form part of the other details section. The minimum lumpsum investment for both the schemes is different, for UTI India Lifestyle Fund it is INR 5,000 and for Aditya Birla Sun Life Digital India Fund it is INR 1,000. And the minimum SIP for both the schemes are also different, i.e., INR 500 for UTI's scheme and INR 1000 for Aditya Birla's scheme.

Aditya Birla Sun Life Digital India Fund is currently managed by Kunal Sangoi.

UTI India Lifestyle Fund is currently managed by Lalit Nambiar and Vishal Chopda.

The table given below summarizes the comparison of other details section.

Parameters
Other DetailsMin SIP Investment
Min Investment
Fund Manager
UTI India Lifestyle Fund
Growth
Fund Details
₹500
₹5,000
Vishal Chopda - 1.91 Yr.
Aditya Birla Sun Life Digital India Fund
Growth
Fund Details
₹1,000
₹1,000
Kunal Sangoi - 5.96 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.
UTI India Lifestyle Fund
Growth
Fund Details
DateValue
31 Jan 15₹10,000
31 Jan 16₹8,673
31 Jan 17₹9,920
31 Jan 18₹12,296
31 Jan 19₹11,750
31 Jan 20₹13,318
Growth of 10,000 investment over the years.
Aditya Birla Sun Life Digital India Fund
Growth
Fund Details
DateValue
31 Jan 15₹10,000
31 Jan 16₹10,264
31 Jan 17₹9,621
31 Jan 18₹13,670
31 Jan 19₹14,877
31 Jan 20₹16,557

Detailed Portfolio Comparison

Asset Allocation
UTI India Lifestyle Fund
Growth
Fund Details
Asset ClassValue
Cash1.34%
Equity98.66%
Equity Sector Allocation
SectorValue
Consumer Cyclical36.77%
Consumer Defensive32.62%
Financial Services8.8%
Communication Services7.5%
Basic Materials5.02%
Industrials3.31%
Real Estate1.76%
Technology1.58%
Health Care1.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 11 | MARUTI
9%₹23 Cr31,500
↑ 500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 11 | BHARTIARTL
7%₹18 Cr400,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 07 | ITC
6%₹16 Cr665,000
↑ 10,000
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Dec 18 | 500820
5%₹14 Cr76,000
Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | NESTLEIND
4%₹11 Cr7,500
↓ -800
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Nov 17 | CROMPTON
4%₹11 Cr440,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹10 Cr12,400
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
3%₹9 Cr74,000
Dabur India Ltd (Consumer Defensive)
Equity, Since 28 Feb 19 | 500096
3%₹9 Cr193,000
↑ 3,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 30 Nov 17 | JUBLFOOD
3%₹8 Cr51,000
Asset Allocation
Aditya Birla Sun Life Digital India Fund
Growth
Fund Details
Asset ClassValue
Cash2%
Equity97.98%
Other0.02%
Equity Sector Allocation
SectorValue
Technology74.68%
Communication Services14.74%
Industrials8.56%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
30%₹129 Cr1,760,049
↓ -43,225
HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH
10%₹43 Cr751,417
↑ 3,417
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 05 | TCS
8%₹34 Cr157,133
↓ -2,350
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 532755
8%₹33 Cr430,569
↑ 33,069
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL
7%₹28 Cr615,965
↓ -32,335
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 18 | 517174
5%₹22 Cr8,159
Just Dial Ltd (Communication Services)
Equity, Since 30 Sep 19 | 535648
4%₹16 Cr281,741
Apple Inc (Technology)
Equity, Since 30 Nov 18 | AAPL
4%₹15 Cr7,250
Sun TV Network Ltd (Communication Services)
Equity, Since 28 Feb 18 | 532733
3%₹15 Cr338,523
↓ -9,800
MindTree Ltd (Technology)
Equity, Since 30 Sep 19 | 532819
3%₹14 Cr170,340
↑ 21,340

Therefore, in a nutshell, it can be said that both the schemes differ on account of numerous parameters. As a consequence, individuals should be very careful while choosing any of the schemes for investment. They should understand the modalities of the scheme completely and check whether the scheme matches their investment parameters or not. This will help individuals to attain their objectives on time and in a hassle-free manner.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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