Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Fund Of Funds
Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 22 April, 2022. The fund is managed by Meeta Shetty. This fund gives you the benefit of diversification.

Key Parameters

  1. Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹49 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 14.49% since inception. Over the last 1 year the fund has given a CAGR return of 37.40%.

Holdings

Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Financial Services, Industrial.

Taxation

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl

To provide long-term capital appreciation by investing in Tata Nifty India Digital Exchange Traded Fund. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 150.00. Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 500 in Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.07%
Benchmark
Nifty India Digital TR INR
AUM₹49 Cr
Inception Date22 April, 2022
Min Lumpsum/SIP₹5000/₹150
Exit Load
1%
Lock InNo Lock-in
TurnOver
116.91%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 97.7%

  • Debt & Cash 2.3%

Large cap
47.4%

Mid cap
44.9%

Small cap
4.7%

Sector Allocation

May'24

Apr'24

Mar'24

Tech
47.3%
Communication
24.7%
Consumer Cyclical
13.1%
Financial Services
7.6%
Industrial
7.2%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Equity

Meeta Shetty
Meeta Shetty
Fund Manager of Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 22 April 2022

Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 14.49% since inception which is more than its category average return of 12.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.66% in Equity, 0% in Debt and 2.34% in Cash related instruments
AUM size ₹49 Cr

AUM size ₹49 Cr

This fund has AUM of ₹49 Cr which is less than its category average of ₹ 665 Cr
Expense Ratio 0.07%

Expense Ratio 0.07%

This fund has an expense ratio of 0.07% which is less than its category average expense ratio of 0.82%

Frequently Asked Questions

The current NAV of Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹13.16 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.28%
4.28%
6 Month Returns
11.4%
11.4%
1 Year Returns
37.4%
37.4%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.07% as on May 2024
₹49 Cr as on May 2024
Tech(46.18%), Communication(24.13%), Consumer Cyclical(12.84%) as on May 2024
Meeta Shetty is the fund manager of Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Tata Nifty India Digital ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%