Tata Digital India Fund – Direct Growth

100
Min SIP
5,000
Min Lumpsum
0.31 %
Expense Ratio
Rating
9,702
Fund Size (in Cr)
8 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 37.3% 24.4% 26.4% 22%
Category Average 26.7% 17.6% 21.3% -

Scheme Allocation

By Holding
By Sector
By Asset
19.57%
TCS
13.78%
6.67%
Others
43.16%
View all Holdings
Holdings Sector Instrument Asset
Infosys IT - Software Equity 19.57%
TCS IT - Software Equity 13.78%
Tech Mahindra IT - Software Equity 8.72%
HCL Technologies IT - Software Equity 8.1%
LTIMindtree IT - Software Equity 6.67%
Wipro IT - Software Equity 4.96%
Zomato Ltd E-Commerce/App based Aggregator Equity 4.17%
PB Fintech. IT - Software Equity 3.25%
Persistent Sys IT - Software Equity 3.23%
Cyient IT - Software Equity 3.21%
Sonata Software IT - Software Equity 2.92%
Firstsour.Solu. IT - Software Equity 2.13%
BSE Miscellaneous Equity 1.82%
Bharti Airtel Telecomm-Service Equity 1.77%
Newgen Software IT - Software Equity 1.35%
Zensar Tech. IT - Software Equity 1.16%
Birlasoft Ltd IT - Software Equity 0.99%
A B B Capital Goods - Electrical Equipment Equity 0.99%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.88%
Siemens Capital Goods - Electrical Equipment Equity 0.88%
Tata Comm Telecomm-Service Equity 0.87%
Mastek IT - Software Equity 0.73%
Coforge IT - Software Equity 0.71%
Mphasis IT - Software Equity 0.61%
L&T Technology IT - Software Equity 0.61%
Redington Trading Equity 0.6%
KPIT Technologi. IT - Software Equity 0.56%
Honeywell Auto Electronics Equity 0.42%
Netweb Technolog IT - Software Equity 0.39%
Yatra Online E-Commerce/App based Aggregator Equity 0.37%
Latent View IT - Software Equity 0.17%
Rategain Travel IT - Software Equity 0.11%
Matrimony.com Miscellaneous Equity 0.02%
IT-Software
74.34%
Retailing
5.07%
IT-Services
3.82%
Financial Technology (Fin
3.25%
Commercial Services & Sup
2.73%
Others
10.79%
View all Sectors
Sectors Asset
IT-Software 74.34%
Retailing 5.07%
IT-Services 3.82%
Financial Technology (Fin 3.25%
Commercial Services & Sup 2.73%
Telecom-Services 2.64%
Debt 2.28%
Electrical Equipments 1.87%
Capital Markets 1.82%
Cash & Others 1%
Industrial Manufacturing 0.42%
IT-Hardware 0.39%
Leisure Services 0.37%
Equity
96.72%
Reverse Repos
2.28%
Net Curr Ass/Net Receivables
1%
Others
0%

Advance Ratio

6.98
Alpha
5.35
SD
0.89
Beta
0.88
Sharpe

Exit Load

Exit Load 0.25% of NAV if redeemed/switched out before 30 Days from the date of allotment.

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

AMC Contact Details

Tata Mutual Fund
AUM:
1,31,663 Cr
Address:
1903, B-Wing, Parinee Crescenzo, G-Block, Bandra Kurla Complex, Bandra East Mumbai - 400051
Contact:
6657 8282.
Email ID:
service@tataamc.com

More Funds from Tata Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in Tata Digital India Fund – Direct Growth ?

You can invest in Tata Digital India Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • 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 ?

The NAV of Tata Digital India Fund – Direct Growth is ₹50.8 as of 23 February 2024.

How to redeem Tata Digital India Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Tata Digital India Fund – Direct Growth?

The minimum SIP amount of Tata Digital India Fund – Direct Growth is ₹100

What are the top sectors Tata Digital India Fund – Direct Growth has invested in?

The top sectors Tata Digital India Fund – Direct Growth has invested in are
  1. IT-Software - 74.34%
  2. Retailing - 5.07%
  3. IT-Services - 3.82%
  4. Financial Technology (Fin - 3.25%
  5. Commercial Services & Sup - 2.73%

Can I make investments in both the SIP and Lump Sum schemes of Tata Digital India Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Tata Digital India Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Tata Digital India Fund – Direct Growth generated ?

The Tata Digital India Fund – Direct Growth has delivered 22% since inception

What is the expense ratio of Tata Digital India Fund – Direct Growth ?

The expense ratio of Tata Digital India Fund – Direct Growth is 0.31 % as of 23 February 2024.

What is the AUM of Tata Digital India Fund – Direct Growth?

The AUM of Tata Digital India Fund – Direct Growth is ₹1,31,663 Cr as of 23 February 2024

What are the top stock holdings of Tata Digital India Fund – Direct Growth?

The top stock holdings of Tata Digital India Fund – Direct Growth are
  1. Infosys - 19.57%
  2. TCS - 13.78%
  3. Tech Mahindra - 8.72%
  4. HCL Technologies - 8.1%
  5. LTIMindtree - 6.67%

How can I redeem my investments in Tata Digital India Fund – Direct Growth?

Step 1: Visit the fund house's website
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.

Invest Now