Tata Digital India Fund invests predominantly in the equity and equity-lined derivatives of the companies in the information technology space. The fund aims at providing the long-term capital appreciation to the investors. Tata Digital India Fund Growth is ideal for the investors who have a high-risk appetite because it is a sectoral fund which has concentrated investment with little diversification.
| Fund Type | Open Ended |
| Investment Plan | Growth |
| Launch Date | 2015-12-28 |
| Benchmark | S&P BSE IT |
| Asset Size(Cr) | 430.18 (As on Mar 31, 2019) |
| Fund Manager | Danesh Mistry |
| Notes |
| Min Investment | 5000 |
| Min SIP Investment | 500 |
| Min Addl Investment | 1000 |
| Last Dividend | |
| Bonus | |
| Entry Load | . |
| Exit Load | 0.25 % For 90 Days |
| Period | Returns(%) |
| 3 Month | 6.71 |
| 6 Month | -0.26 |
| 1 Year | 27.99 |
| 3 Year | 12.86 |
| 5 Year |
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
| Fund Name | Ratings | 1 Yr Rtn. | 3 Yr Rtn. | 5 Yr Rtn. |
| Aditya Birla Sun Life Digital India Fund (G) | 11.64% | 12.87% | 14.55% | |
| Franklin India Technology Fund (G) | 19.41% | 12.51% | 12.38% | |
| SBI Technology Opportunities Fund (G) | 17.09% | 11.13% | 13.21% | |
| ICICI Prudential Technology Fund (G) | 13.43% | 11% | 13.58% |
| Period | Returns (%) |
| 3 Month | 6.71 |
| 6 Month | -0.26 |
| 1 Year | 27.99 |
| 3 Year | 12.86 |
| 5 Year |
| No. of Investment | Amount Invested | Investment Value As on date | Units Purchased | CAGR |
| No. of Investment |
Amount Invested |
Investment Value As on date |
Units Purchased | CAGR |
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
| Total Amount Invested | Investment Value As on Date | Total Units Purchased | Abs. Return |
| Total Amount Invested |
Investment Value As on Date |
Total Units Purchased | Abs. Return |
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
| Assets | Allocation (%) |
| Equity | |
| Debt | |
| Cash |
| Sector | Value(In Cr) | Allocation (%) |
| Holdings | Instrument | Industry | Rating | Market Value | % to NAV |
| Grand Total | 0 | 0% |
TATA India Digital Fund is a clever option to pin on if you are planning a mutual fund investment. In the technologically driven world where everything is powered by machines, there is an immense scope in the technological industry, and TATA Digital India Fund (G) is the platform where you can leverage on these opportunities. Through tata digital india fund growth, you can easily park your money in those companies which are engaged in the development or advancement of new technologies. Today, the power of a country depends not only on its armed forces, but also on the kind of technological power it possesses. By investing in the technological sector not only are you helping yourself grow, but also letting the country increase its pace of advancement.
The primary objective of this fund is to connect the growing technological industry with the investors, providing them with a platform where they can grow their wealth by manifold. The people’s contribution is directed towards the growing technological companies that are at the top of their game, and thus the end result is highly positive for all.
The investment rules laid down by this fund are a bit static and stringent than usual. The fund, in order to produce the highest amount of results, has devised certain guidelines and relations, so that the maximum number of people can pool in their money, and can earn the maximum amount of returns. Let’s decipher all those rules: -
Besides being connected with the fast moving technological industry, the portfolio built is one of the major reasons for the success of the fund. The majority, about 80%, of the assets of the fund are invested in equity and related instruments, while the balance lies with debt. Further, the distinction within the equity is done on a judicious note, where a variety of different stocks are included to make the portfolio diverse.
About 65% of the wealth is dedicated towards large and giant stocks, 30% in midcaps, and the residual amount in small caps. This variety enables the fund to perform better under all market conditions, grabbing more wealth for the subscribers.
As evident from the nature of the fund, i.e. technology sector fund, the assets are almost entirely dedicated towards the Technology sector. Unlike the usual strategy followed by other thematic funds, TATA Digital India Fund – Regular Plan (G) has focused primarily on the Technology sector. A very small percentage of 4.18% is dedicated to the Engineering sector, which is also somewhere connected to the Technology sector, fundamentally.
The results drawn by this fund in the recent past have been quite pleasing. The fund has grabbed good results and has achieved higher growth than the benchmark and the peers, lately. Since the fund is a recent induction in the family of mutual funds in India, a vast data isn’t available for scrutiny. However, whatever small information we have depicts on the outset that this Fund is indeed one of the best choices that the Indians have for their money.
The past record reveals that the fund has performed phenomenally well, giving an unimaginable return of 63.31% in a mere time period of 1 year. Further, the fund has been climbing higher and higher with each passing day in its growth, surpassing the benchmark and the past records set by the peers. All these statistics point in the direction that this fund is a high energy fund that can be used for enormous wealth building.
The TATA Digital India Fund (G) NAV currently sits at Rs. 15.5572 per unit, after experiencing a downfall of 0.42% in its value. Further, the fund boasts the fact of having a decent amount of assets under its watch, currently being to the tune of Rs. 247 crore as of 31st July, 2018. Further, the fund expenses done to manage the fund are 2.51%, which are well within the maximum threshold.
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Hence, all the above details are enough for one to acknowledge that TATA Digital India Fund – Regular Plan (G) is a prime choice available in the Indian market. With MySIPonline’s advanced services, you can get started with an investment in this fund instantly. So, what are you waiting for? Call your financial advisor or the help desk at MySIPonline, and figure out what is the best plan for you.
