January 8, 2022
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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.
Scheme : Tata Digital India fund
First we will provide you with some facts and then we shall give our guidance.
This Scheme was Launched on 28 December 2015
AUM: Rs. 4195 crore at present.
Investment strategy of this fund:
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.
Benchmark : S&P BSE IT Tri
Investment Pattern :
Equity : 96.70 % of AUM
Debt : 0 of AUM
Cash/ Liquid: 3.30 % of AUM
Past Performance Tracker
(Returns of Benchmark are indicated in the bracket)
Fund has provided 28.05 % return p.a. since its launch.
During last 1 years, it has provided return of 70.81 % pa ( 51.60 % ),
During last 3 years, it has provided return of 44.68 % pa( 40.91 % ) and
During last 5 years, the fund has provided return of 36.69 % pa( 32.86 % )
Peer Comparison : AUM 1Yr 3Yr 5Yr
1) ICICI Pru. Technology Fund ( AUM Rs. 7387 Cr ) 1 Yr Return : 69.23 %
2) Aditya Birla Digital India Fund ( AUM Rs. 2842 Cr ) 1 Yr Return : 65.63 %
3) SBI Technolgy Opportunity Fund ( AUM Rs. 2057 Cr ) 1 Yr Return : 60.78 %
How you can invest :
Min of Rs. 5000 and thereafter in multiple of Rs. 1000
for SIP : Min of Rs.150 and Minimum of 12 cheques .
Editorial Observations:
This is a fund that invests mainly in shares of companies in the information technology sector. 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. During last one year , the IT sector has achieved strong growth rate and now with booming US economy and weakening of Indian Currency, the performance of the IT sector is expected to show strong trend in the next one year. The fund is strongly suggested for those who has no objection to Sectoral fund .
( Analysis on 8th Janaury 2022)