|Min SIP Amount||₹500|
|NAV||₹20.52 (21 Sep 2020)|
|Fund Started||28 Dec 2015|
|Fund Size||₹461 Cr|
|Tata Consultancy Services Ltd.||Technology||Equity||15.9%|
|HCL Technologies Ltd.||Technology||Equity||9.2%|
|Persistent Systems Ltd.||Technology||Equity||7.3%|
|Tech Mahindra Ltd.||Technology||Equity||2.8%|
|KPIT Technologies Ltd.||Technology||Equity||2.1%|
|Tata Elxsi Ltd.||Technology||Equity||2.0%|
Tata Digital India Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 28 Dec 2015. Danesh Mistry is the Current Fund Manager of Tata Digital India Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹461 Cr and the Latest NAV as of 21 Sep 2020 is ₹20.52.
The Tata Digital India Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 12% of the investment,1% will be charged for redemption within 365 Days.
The scheme seeks long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.