| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.11% |
| NAV | ₹22.40 (23 Oct 2020) |
|---|---|
| Fund Started | 28 Dec 2015 |
| Fund Size | ₹540 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 29.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 12.2% |
| Persistent Systems Ltd. | Technology | Equity | 9.9% |
| HCL Technologies Ltd. | Technology | Equity | 7.1% |
| Wipro Ltd. | Technology | Equity | 6.8% |
| MindTree Ltd. | Technology | Equity | 5.0% |
| Birlasoft Ltd. | Technology | Equity | 4.5% |
| KPIT Technologies Ltd. | Technology | Equity | 3.8% |
| Tata Elxsi Ltd. | Technology | Equity | 3.0% |
| Tech Mahindra Ltd. | Technology | Equity | 2.5% |
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 ₹540 Cr and the Latest NAV as of 23 Oct 2020 is ₹22.40.
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.
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.