Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal

Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal

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Equity
Direct
Sector - Technology
NAV: ₹ 47.96 as on 22-05-2024

About the Fund

Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal is an equity fund. This fund was started on 28 December, 2015. The fund is managed by Meeta Shetty. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal has ₹9461 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.
Fund Performance
zero opening, trading, fund transfer fee
215 people have invested ₹ 5.1L in Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal in the last three months

Overview

Expense ratio
Expense ratio
0.38%
Benchmark
Benchmark
S&P BSE IT
AUM
AUM
₹9461 Cr
Inception Date
Inception Date
28 December, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
22.29%

Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal Distribution as on (30-Apr-24)

  • Equity 97.9%

  • Debt & Cash 2.1%

Size breakup

Large cap
70.3%
Small cap
16.8%
Mid cap
10.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Tech
78.1%
Industrial
6.7%
Consumer Cyclical
6.4%
Financial Services
4.6%
Communication
4.3%

Top Holdings of Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal as on (30-Apr-24)

  • Equity

Equity Holdings32

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
-2.08%
-4.22%
3.23%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at -2.08% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund underperformed Nifty 500 by 4.55% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 9.5K Cr
₹ 9.7K Cr
₹ 10.1K Cr
  • AUM of the fund stands at 9.5K Cr as of Apr'24
  • AUM decreased by 250.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Meeta Shetty
Meeta Shetty
Fund Manager of Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal, since 9 March 2021

Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 20.49% since inception which is less than its category average return of 25.76%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.93% in Equity, 0% in Debt and 2.07% in Cash related instruments
AUM size ₹9461 Cr

AUM size ₹9461 Cr

This fund has AUM of ₹9461 Cr which is more than its category average of ₹ 2999 Cr
Expense Ratio 0.38%

Expense Ratio 0.38%

This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 1.25%

Frequently Asked Questions

The current NAV of Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal is ₹47.96 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
1.57%
1.57%
6 Month Returns
10.89%
10.89%
1 Year Returns
33.69%
33.69%
3 Years Returns
62.5%
17.57%
5 Years Returns
203.28%
24.84%
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0.38% as on April 2024
₹9461 Cr as on April 2024
Infosys Ltd(18.99%), Tata Consultancy Services Ltd(13.06%), Tech Mahindra Ltd(9.54%), HCL Technologies Ltd(7.2%), Zomato Ltd(5.93%) as on April 2024
Tech(76.48%), Industrial(6.54%), Consumer Cyclical(6.25%) as on April 2024
The alpha ratio for the Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal
13.93
6.74
6.33
As on April 2024
The alpha for Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal is calculated against S&P BSE IT. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal
0.81
0.87
0.9
As on April 2024
The Beta for Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal is calculated with S&P BSE IT. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal
1.82
0.7
0.87
As on April 2024
The sharpe ratio for Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal is calculated with S&P BSE IT. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal
14.08
18.63
21.08
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.11 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.38 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Meeta Shetty is the fund manager of Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal
The Exit load of Tata Digital India Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal is 0.25%