Tata Digital India Fund Direct Growth
EquitySector - TechnologyVery High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹12,041 Cr
Expense Ratio
0.36%
ISIN
INF277K01Z77
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
28 Dec 2015
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹60.21, Assets Under Management (AUM) of 12040.90 Crores, and an expense ratio of 0.36%.
- Tata Digital India Fund Direct Growth has given a CAGR return of 22.90% since inception.
- The fund's asset allocation comprises around 99.16% in equities, 0.00% in debts, and 0.84% in cash & cash equivalents.
- You can start investing in Tata Digital India Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+42.57%
+36.76% (Cat Avg.)
3 Years
+14.65%
+9.71% (Cat Avg.)
5 Years
+30.00%
+28.73% (Cat Avg.)
Since Inception
+22.90%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹11,939.52 Cr | 99.16% |
| Others | ₹101.38 Cr | 0.84% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Infosys Ltd | Equity | ₹2,575.52 Cr | 21.39% |
| Tata Consultancy Services Ltd | Equity | ₹1,336.01 Cr | 11.10% |
| Tech Mahindra Ltd | Equity | ₹1,169.43 Cr | 9.71% |
| HCL Technologies Ltd | Equity | ₹873.8 Cr | 7.26% |
| LTIMindtree Ltd | Equity | ₹731.38 Cr | 6.07% |
| Zomato Ltd | Equity | ₹728.22 Cr | 6.05% |
| Wipro Ltd | Equity | ₹613.32 Cr | 5.09% |
| Persistent Systems Ltd | Equity | ₹392.57 Cr | 3.26% |
| Mphasis Ltd | Equity | ₹330.93 Cr | 2.75% |
| Cyient Ltd | Equity | ₹322.3 Cr | 2.68% |
| Firstsource Solutions Ltd | Equity | ₹306.98 Cr | 2.55% |
| Sonata Software Ltd | Equity | ₹262.07 Cr | 2.18% |
| PB Fintech Ltd | Equity | ₹239.17 Cr | 1.99% |
| Bharti Airtel Ltd | Equity | ₹233.46 Cr | 1.94% |
| Newgen Software Technologies Ltd | Equity | ₹171.77 Cr | 1.43% |
| ABB India Ltd | Equity | ₹163.14 Cr | 1.35% |
| Birlasoft Ltd | Equity | ₹157.15 Cr | 1.31% |
| Zensar Technologies Ltd | Equity | ₹150.9 Cr | 1.25% |
| Siemens Ltd | Equity | ₹141.79 Cr | 1.18% |
| Info Edge (India) Ltd | Equity | ₹130.41 Cr | 1.08% |
| BSE Ltd | Equity | ₹114.83 Cr | 0.95% |
| Tata Communications Ltd | Equity | ₹110.2 Cr | 0.92% |
| Mastek Ltd | Equity | ₹109.64 Cr | 0.91% |
| Netweb Technologies India Ltd | Equity | ₹73.15 Cr | 0.61% |
| Affle India Ltd | Equity | ₹62.43 Cr | 0.52% |
| KPIT Technologies Ltd | Equity | ₹60.15 Cr | 0.50% |
| L&T Technology Services Ltd | Equity | ₹60.11 Cr | 0.50% |
| A) Repo | Cash - Repurchase Agreement | ₹57.17 Cr | 0.47% |
| Rategain Travel Technologies Ltd | Equity | ₹53.95 Cr | 0.45% |
| Honeywell Automation India Ltd | Equity | ₹53.47 Cr | 0.44% |
| eClerx Services Ltd | Equity | ₹46.44 Cr | 0.39% |
| Le Travenues Technology Ltd | Equity | ₹44.3 Cr | 0.37% |
| Cash / Net Current Asset | Cash | ₹44.21 Cr | 0.37% |
| TBO Tek Ltd | Equity | ₹38.52 Cr | 0.32% |
| Yatra Online Ltd | Equity | ₹29.54 Cr | 0.25% |
| Redington Ltd | Equity | ₹27.92 Cr | 0.23% |
| Latent View Analytics Ltd | Equity | ₹21.2 Cr | 0.18% |
| CarTrade Tech Ltd | Equity | ₹3.36 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
71.14%
Mid Cap Stocks
11.44%
Small Cap Stocks
15.89%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Technology | ₹9,503.2 Cr | 78.92% |
| Consumer Cyclical | ₹805.41 Cr | 6.69% |
| Industrials | ₹740.41 Cr | 6.15% |
| Communication Services | ₹536.5 Cr | 4.46% |
| Financial Services | ₹354 Cr | 2.94% |
Risk & Performance Ratios
Standard Deviation
This fund
18.91%
Cat. avg.
19.66%
Lower the better
Sharpe Ratio
This fund
0.56
Cat. avg.
0.38
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.58
Higher the better
Fund Managers
Meeta Shetty
Since March 2021
Kapil Malhotra
Since December 2023
Additional Scheme Detailsas of 31st August 2024
ISIN | INF277K01Z77 | Expense Ratio | 0.36% | Exit Load | No Charges | Fund Size | ₹12,041 Cr | Age | 28 Dec 2015 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty IT TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Technology Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Nifty IT ETF Very High Risk | 0.2% | - | ₹218.62 Cr | 32.5% |
| Aditya Birla Sun Life Nifty IT ETF Very High Risk | 0.2% | - | ₹50.43 Cr | 32.1% |
| Axis NIFTY IT ETF Very High Risk | 0.2% | - | ₹177.71 Cr | 32.4% |
| ICICI Prudential Technology Regular Growth Very High Risk | 1.7% | 1.0% | ₹14211.98 Cr | 37.9% |
| Franklin India Technology Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1892.47 Cr | 45.6% |
| Nippon India ETF Nifty IT Very High Risk | 0.2% | - | ₹2387.43 Cr | 32.4% |
| Aditya Birla Sun Life Digital India Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5311.04 Cr | 32.1% |
| Tata Digital India Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹12040.90 Cr | 40.7% |
| Tata Digital India Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹12040.90 Cr | 42.6% |
| Franklin India Technology Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹1892.47 Cr | 47.1% |
About the AMC
Total AUM
₹1,76,658 Cr
Address
Mafatlal Centre, 9th Floor, Mumbai, 400 021
Other Funds by Tata Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the Tata Digital India Fund Direct Growth?
- Meeta Shetty
- Kapil Malhotra
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