Table of Contents

UTI India Lifestyle Fund
Aditya Birla Sun Life Digital India Fund (Erstwhile Aditya Birla Sun Life New Millennium Fund)
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 November 16, 2024 , 1624 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
Basics	NAV
	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
₹56.0277 ↓ -0.04 (-0.08 %)
₹777 on 30 Sep 24
30 Jul 07
☆☆
Equity
Sectoral
64
High
2.51
3.31
-0.93
0.69
Not Available
0-1 Years (1%),1 Years and above(NIL)

Aditya Birla Sun Life Digital India Fund Growth Fund Details
₹182.12 ↑ 0.06 (0.03 %)
₹5,261 on 30 Sep 24
15 Jan 00
☆☆
Equity
Sectoral
33
High
1.88
1.29
0.14
-3.62
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
Performance	1 Month
	3 Month
	6 Month
	1 Year
	3 Year
	5 Year
	Since launch

UTI India Lifestyle Fund Growth Fund Details
-8.3%
-5.7%
5.8%
25%
10.8%
15.7%
10.5%

Aditya Birla Sun Life Digital India Fund Growth Fund Details
-3.5%
3.8%
23.3%
30.4%
9.1%
27.8%
12.4%

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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 Performance	2023
	2022
	2021
	2020
	2019

UTI India Lifestyle Fund Growth Fund Details
23%
-2.3%
26.4%
15.2%
5.8%

Aditya Birla Sun Life Digital India Fund Growth Fund Details
35.8%
-21.6%
70.5%
59%
9.6%

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 Details	Min SIP Investment
Other Details	Min Investment
Fund Manager

UTI India Lifestyle Fund Growth Fund Details
₹500
₹5,000
Vishal Chopda - 6.68 Yr.

Aditya Birla Sun Life Digital India Fund Growth Fund Details
₹100
₹1,000
Kunal Sangoi - 10.8 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.

UTI India Lifestyle Fund Growth Fund Details

Date	Value
31 Oct 19	₹10,000
31 Oct 20	₹9,596
31 Oct 21	₹14,335
31 Oct 22	₹14,903
31 Oct 23	₹15,553
31 Oct 24	₹21,119

Growth of 10,000 investment over the years.

Aditya Birla Sun Life Digital India Fund Growth Fund Details

Date	Value
31 Oct 19	₹10,000
31 Oct 20	₹14,030
31 Oct 21	₹25,026
31 Oct 22	₹22,008
31 Oct 23	₹25,596
31 Oct 24	₹33,286

Detailed Portfolio Comparison

Asset Allocation

UTI India Lifestyle Fund Growth Fund Details

Asset Class	Value
Cash	4.41%
Equity	95.39%
Debt	0.21%

Equity Sector Allocation

Sector	Value
Consumer Cyclical	37.58%
Consumer Defensive	27.85%
Communication Services	10.67%
Industrials	6.9%
Financial Services	6.33%
Basic Materials	2.05%
Health Care	2.03%
Real Estate	1.98%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jan 11 \| BHARTIARTL	7%	₹48 Cr	297,000
Trent Ltd (Consumer Cyclical) Equity, Since 31 Aug 22 \| 500251	7%	₹47 Cr	66,000 ↓ -4,000
Maruti Suzuki India Ltd (Consumer Cyclical) Equity, Since 31 Oct 11 \| MARUTI	5%	₹34 Cr	30,400 ↓ -4,800
ITC Ltd (Consumer Defensive) Equity, Since 30 Sep 07 \| ITC	4%	₹32 Cr	645,000
Godrej Consumer Products Ltd (Consumer Defensive) Equity, Since 31 May 21 \| 532424	4%	₹31 Cr	240,000 ↑ 2,400
Avenue Supermarts Ltd (Consumer Defensive) Equity, Since 31 Mar 17 \| 540376	4%	₹29 Cr	73,000 ↑ 3,000
Hero MotoCorp Ltd (Consumer Cyclical) Equity, Since 30 Nov 23 \| HEROMOTOCO	4%	₹27 Cr	55,000 ↑ 1,049
Mahindra & Mahindra Ltd (Consumer Cyclical) Equity, Since 31 Oct 23 \| M&M	4%	₹27 Cr	100,000 ↑ 22,500
Hindustan Unilever Ltd (Consumer Defensive) Equity, Since 30 Apr 20 \| HINDUNILVR	4%	₹27 Cr	106,000 ↑ 29,800
United Spirits Ltd (Consumer Defensive) Equity, Since 31 May 23 \| UNITDSPR	3%	₹19 Cr	128,700

Asset Allocation

Aditya Birla Sun Life Digital India Fund Growth Fund Details

Asset Class	Value
Cash	1.51%
Equity	98.49%

Equity Sector Allocation

Sector	Value
Technology	71.47%
Communication Services	13.86%
Industrials	9.08%
Consumer Cyclical	3.55%
Financial Services	0.53%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 30 Apr 05 \| INFY	23%	₹1,201 Cr	6,405,944 ↓ -50,000
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Apr 05 \| TCS	10%	₹524 Cr	1,226,555
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Aug 19 \| BHARTIARTL	9%	₹474 Cr	2,774,697 ↓ -100,000
LTIMindtree Ltd (Technology) Equity, Since 31 Mar 21 \| LTIM	7%	₹348 Cr	557,753 ↑ 30,000
Tech Mahindra Ltd (Technology) Equity, Since 31 May 13 \| 532755	6%	₹328 Cr	2,082,174 ↑ 102,662
HCL Technologies Ltd (Technology) Equity, Since 31 Dec 10 \| HCLTECH	5%	₹258 Cr	1,438,223 ↓ -133,323
Cyient Ltd (Industrials) Equity, Since 31 May 14 \| CYIENT	4%	₹217 Cr	1,152,664
Coforge Ltd (Technology) Equity, Since 30 Jun 20 \| COFORGE	4%	₹190 Cr	270,255 ↑ 12,000
Zomato Ltd (Consumer Cyclical) Equity, Since 31 Jul 21 \| 543320	4%	₹187 Cr	6,837,942 ↑ 700,000
Firstsource Solutions Ltd (Technology) Equity, Since 31 Aug 23 \| FSL	3%	₹136 Cr	4,363,900 ↑ 139,365

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.