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Unrated

Tata Digital India Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.45 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.71 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in shares of companies in the information technology sector.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -11.01 0.06 1.51 -0.35 -9.19 -8.21 -11.35 13.13 -- -- --
S&P BSE IT TRI -8.06 -0.43 0.82 -0.57 -5.20 -4.34 -8.33 13.71 -- -- --
Equity: Sectoral-Technology -7.86 -0.10 1.01 0.54 -6.94 -5.50 -6.68 11.47 -- -- --
Rank within category 5 3 2 5 5 5 4 1 -- -- --
Number of funds in category 5 5 5 5 5 5 5 5 4 4 4

As on 29-May-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.73 (23-Mar-2020 - 30-Mar-2020) -18.86 (11-Mar-2020 - 18-Mar-2020)
Month 16.91 (31-Mar-2018 - 30-Apr-2018) -31.49 (20-Feb-2020 - 23-Mar-2020)
Quarter 26.23 (26-Oct-2017 - 25-Jan-2018) -27.68 (23-Dec-2019 - 23-Mar-2020)
Year 67.89 (08-Sep-2017 - 10-Sep-2018) -26.32 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 14.14 19.00 0.46 0.71 0.96 -0.05
S&P BSE IT TRI 14.59 18.67 0.49 0.81 -- --
Equity: Sectoral-Technology 12.41 17.49 0.40 0.54 0.86 -0.91
Rank within category 1 5 2 1 5 2
Number of funds in category 5 5 5 5 5 5

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 10
Top 10 Stocks (%) 87.53
Top 5 Stocks (%) 73.83
Top 3 Sectors (%) 87.53
Portfolio P/B Ratio 3.76
Portfolio P/E Ratio 16.74

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,60,251 1,75,097
Giant (%) 79.45 77.05
Large (%) 3.20 4.58
Mid (%) 10.39 11.72
Small (%) 6.96 8.99
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 17.95 35.74 9.43 32.63
equal Tata Consultancy Services Technology 23.72 22.54 9.53 20.44
equal HCL Technologies Technology 13.73 10.35 1.96 9.82
equal Wipro Technology 12.62 7.56 0.00 6.65
down MindTree Technology 23.25 8.96 0.00 4.29
equal Persistent Systems Technology 12.38 6.94 2.93 4.23
equal L&T Technology Services Engineering 15.16 5.00 0.00 3.04
equal Tech Mahindra Technology 13.01 10.20 2.80 2.80
equal KPIT Technologies Technology 9.66 2.85 0.00 1.86
equal Oracle Fin Ser Software Technology 15.01 5.46 1.68 1.77

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2020

Fund Manager

— Sailesh Jain since 09-Nov-2018

Education: Mr. Jain is a Commerce Graduate and an MBA.

Experience: Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.

Funds Managed:

— Meeta Shetty since 09-Nov-2018

Education: Ms. Shetty is Bachelor in Economics and CFA Charterholder

Experience: Prior to joining TATA Mutual Fund, she has worked with Kotak Securities, HDFC Securities, AMSEC(Asian Market Securities), Dalal & Broacha Stock Broking and karvey Stock Broking.

Funds Managed:


0.06%

Change from previous, NAV as on 29-May-2020

Growth: ₹ 13.4427

Dividend: ₹ 13.4427


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 150
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load 0.25% for redemption within 91 days

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 28-Dec-2015
Return Since Launch: 6.92%
Benchmark: S&P BSE IT TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 338 Cr (As on 30-Apr-2020)
Expense: 2.59% (As on 30-Apr-2020)
Risk Grade: --
Return Grade: --
Turnover: 35.19%

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: www.tatamutualfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Shop for value or hold cash

dateFriday, 12-Jun-2020
time12:30 PM - 01:00 PM