Tata Digital India Fund Direct Growth
Equity
Direct
Sector - Technology
NAV as on 29-11-2024
₹ 61.79
▲0.3%
1D
Inception Returns
22.6%
/yr
About Tata Digital India Fund Direct Growth
Tata Digital India Fund Direct Growth is a mutual fund scheme that is designed to offer investors exposure to the fast-growing digital economy in India. Managed by Tata Mutual Fund, this scheme primarily invests in equity and equity-related instruments of companies operating in the digital space.Investors can invest in Tata Digital India Fund Direct Growth through both lump-sum and SIP (Systematic Investment Plan) modes. This fund has a direct plan option, which has a lower expense ratio than the regular plan and can help investors save on costs.
Key Parameters
- Tata Digital India Fund Direct Growth has ₹11835 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Tata Digital India Fund Direct Growth has given a CAGR return of 22.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.77%, 14.27% and 31.58% respectively.
Holdings
Tata Digital India Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Industrial, Communication, Financial Services. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Tech Mahindra Ltd, Wipro Ltd, HCL Technologies Ltd
Taxation
As it is a sector - technology mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Tata Digital India Fund Direct Growth
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata Digital India Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Tata Digital India Fund Direct Growth
Tata Digital India Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | S&P BSE IT |
| AUM | ₹11835 Cr |
| Inception Date | 28 December, 2015 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 25.96% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (29-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -2.77% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 3.75% in Oct'24
- AUM of the fund stands at 11.8K Cr as of Oct'24
- AUM decreased by 216.9 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Tech, Consumer Cyclical & Industrial
Top Growth Drivers | 1M Return |
|---|---|
 Mastek Ltd | 12.1% |
 Firstsource Solutions Ltd | 8.4% |
 BSE Ltd | 7.6% |
Mutual Fund Insights
Tata Digital India Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹11835 Cr
Expense Ratio 0.41%
Frequently Asked Questions for Tata Digital India Fund Direct Growth
Tata Digital India Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.41% | 3.41% |
6 Month Returns | 29.92% | 29.92% |
1 Year Returns | 41.77% | 41.77% |
3 Years Returns | 49.22% | 14.27% |
5 Years Returns | 294.35% | 31.58% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Digital India Fund Direct Growth | 9.09 | 4.44 | 6.19 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Digital India Fund Direct Growth | 0.8 | 0.87 | 0.9 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata Digital India Fund Direct Growth | 1.6 | 0.47 | 1.14 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata Digital India Fund Direct Growth | 18.6 | 19.19 | 21.73 |