Tata Digital India Fund – Direct Growth
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Invested Amount--
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Wealth Gained--
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Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 24.6% | 26.6% | 21% | 20.3% | ||||
| Category Average | 19.8% | 19.4% | 17.3% | - |
Scheme Allocation
Advance Ratio
Exit Load
| Exit Load | 0.25% of NAV if redeemed/switched out before 30 Days from the date of allotment. |
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Fund Objective
Tata Mutual Fund’s Equity mutual fund scheme is known as the Tata Digital India Fund Direct-Growth. This scheme was launched on December 4, 2015, and Meeta Shetty and Venkat Samala oversee the management of the fund. The minimum first investment for a lump sum payment is Rs 5000, while the minimum initial investment for a SIP is Rs 150, and there is no lock-in period.
The objective of the scheme’s investments is to achieve long-term capital appreciation by allocating at least 80 % of the total of its net assets to equities and equity-related instruments issued by Indian firms operating in the information technology sector. There is no promise or guarantee, however, that the Scheme’s investment goal will be met.
Pros & Cons
| Pros | Cons |
|---|---|
| The top 25% in the category for 5-year returns. | The poorest 25% in the category for 3 returns. |
| Among the most purchased funds in the category. | |
| Lower expense ratio |
What are the benefits of investing in the Tata Digital India Fund Direct-Growth?
Though a high-risk fund, it is widely acknowledged that the Tata Digital India Fund is among the most successful digital funds in India. When compared to other sector funds, Tata Digital India Fund’s returns stand out as very impressive.
- Rising Industry
When it comes to India’s overall economic expansion, the IT industry has been a major factor. Tech businesses in India stand to gain greatly from the government’s ‘Digital India’ initiative and the country’s rising desire for cutting-edge gadgets.
- Returns
By investing in the technology sector, which is one of the fastest growing, technology funds hope to beat stocks benchmark indexes. There is a risk that the fund’s returns will take a big knock if this strategy doesn’t work, but there’s also a chance that it will exceed the market as a whole if the underlying industry has rapid growth. Therefore, the potential benefits are outweighed by the potential dangers
- Exposure To Industry Giants
When the IT industry is thriving, investors should expect a premium return on their money compared to the market average and other mutual funds. There has been nothing but good news coming from the IT industry throughout the years. As an added bonus, IT funds may invest in IT businesses of varying market caps.
- Pays in the Long Run
If you want to see substantial returns on your investments, you need to have a long-term investing perspective with Tata Digital India Fund.
Fund Managers
Meeta Shetty
From the CFA Institute USA, Ms Shetty holds a CFA charter. She also has a bachelor’s degree in economics. Both the Tata Large and Mid Cap Fund and the Tata Digital India Fund are managed by her. She currently works for Tata Mutual Fund as an assistant fund manager.
Risk-O-Meter
Peer Comparison
- Fund Name
- Fund Size
- 1Y
- 3Y
- 5Y
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- Equity .
- Sectoral / Thematic .
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- 2,986
-
40%Fund Size - 2,986
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47.1%Fund Size - 2,986
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21.6%Fund Size - 2,986
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- Equity .
- Sectoral / Thematic .
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- 1,506
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40.1%Fund Size - 1,506
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43.1%Fund Size - 1,506
-
20.2%Fund Size - 1,506
-
- Equity .
- Sectoral / Thematic .
-
- 116
-
30.6%Fund Size - 116
-
36.7%Fund Size - 116
-
19.2%Fund Size - 116
-
- Equity .
- Sectoral / Thematic .
-
- 1,177
-
33.6%Fund Size - 1,177
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30.3%Fund Size - 1,177
-
17.9%Fund Size - 1,177
-
- Equity .
- Sectoral / Thematic .
-
- 6,740
-
19.4%Fund Size - 6,740
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28.2%Fund Size - 6,740
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13.6%Fund Size - 6,740
AMC Contact Details
Frequently Asked Questions
How to invest in Tata Digital India Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for Tata Digital India Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of Tata Digital India Fund – Direct Growth ?
How to redeem Tata Digital India Fund – Direct Growth holding ?
What is the minimum sip amount of Tata Digital India Fund – Direct Growth?
What are the top sectors Tata Digital India Fund – Direct Growth has invested in?
- IT-Software - 70.03%
- Telecom-Services - 8.89%
- Others - 5.82%
- IT-Services - 3.05%
- Retailing - 2.63%
Can I make investments in both the SIP and Lump Sum schemes of Tata Digital India Fund – Direct Growth?
How much returns have Tata Digital India Fund – Direct Growth generated ?
What is the expense ratio of Tata Digital India Fund – Direct Growth ?
What is the AUM of Tata Digital India Fund – Direct Growth?
What are the top stock holdings of Tata Digital India Fund – Direct Growth?
- Infosys - 20.42%
- TCS - 16.66%
- Tech Mahindra - 8.52%
- LTIMindtree - 7.85%
- HCL Technologies - 7.43%
How can I redeem my investments in Tata Digital India Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Tata Digital India Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Is there any lock in period for Tata Digital India Fund - Direct Growth?
No, there is no lock in period for Tata Digital India Fund – Direct Growth.