Invest in Digital oriented Fund

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*ABSL Digital India Fund* is a thematic, multi-sector open-ended equity scheme focusing on investing in Technology, Media, Telecom & all other businesses that are Digital oriented.

The fund is declaring its *annual dividend* for FY19, an amount of *Rs 2.78/unit* in regular plan (approximate dividend yield of 12%)  record date being *31 July 2018*

Here are few updates about the Fund and the  Industry:

📌According to Nasscom, Digital revenues grew *faster than ever”* at 30 percent in FY18, demonstrating the base for a solid foundation in digital capabilities built by the IT sector.

📌Revenue from digital is expected to comprise *38 per cent of the forecasted US$ 350 billion* IT industry revenue by 2025. (Source: IBEF)

📌The fund has generated returns of *37.5%* in the last one year (as on 25th July 2018)

📌The fund has the ability to invest in global technology companies (Eg: FAANG Stocks - Facebook, Amazon, Apple, Netflix and Google) that are pioneers in the digital space

_Stay invested to get the best of the new age digital revolution

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