Fund Details
Tata Digital India Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.02% |
| NAV | ₹27.59 (20 Jan 2021) |
|---|---|
| Fund Started | 28 Dec 2015 |
| Fund Size | ₹813 Cr |
Fund Overview
Returns
Comparison
1. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 27.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 12.5% |
| HCL Technologies Ltd. | Technology | Equity | 9.2% |
| Persistent Systems Ltd. | Technology | Equity | 7.3% |
| Tech Mahindra Ltd. | Technology | Equity | 6.8% |
| Wipro Ltd. | Technology | Equity | 6.1% |
| MindTree Ltd. | Technology | Equity | 5.2% |
| Birlasoft Ltd. | Technology | Equity | 3.6% |
| Tata Elxsi Ltd. | Technology | Equity | 2.9% |
| KPIT Technologies Ltd. | Technology | Equity | 2.6% |
Fund Managers
Tata Digital India Fund Direct Growth Details
Tata Digital India Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹813 Cr and the Latest NAV as of 20 Jan 2021 is ₹27.59.
The Tata Digital India Fund Direct Growth 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.
Investment Objective
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.
Tax Implications
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.
