August 18, 2023
mayank
Tata Nifty India Digital ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 62.8647
Suitable For Which Investors?
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 flexi-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.
Fund’s Investment Strategy:
The scheme seeks to provide returns that corresponds to the total returns of the securities as represented by the Nifty India Digital Index, subject to tracking error.
Fund Manager:
1) Meeta Shetty
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Tata Nifty India Digital ETF
| Fund House | Tata Mutual Fund |
| Launch Date | 30-Mar-22 |
| Return Since Launch | -3.04% |
| Benchmark | Nifty India Digital TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 53 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.40% |
| (As on 31-Jul-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 48.69% |
Tata Nifty India Digital ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Tata Nifty Ind Digital ETF | 17.02 | -0.30 | 0.61 | 15.00 | 15.08 | 8.90 | — | — | — | — |
| S&P BSE IT TRI | 10.97 | -0.34 | 0.31 | 13.56 | 3.12 | 4.18 | — | — | — | — |
| Equity: Sectoral-Technology | 12.15 | -0.41 | 0.50 | 13.08 | 4.90 | 7.11 | — | — | — | — |
| Rank within category | 2 | 4 | 4 | 2 | 2 | 4 | — | — | — | — |
| Number of funds in category | 15 | 17 | 16 | 15 | 15 | 13 | 6 | 5 | 5 | 4 |
Tata Nifty India Digital ETF Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Tata Nifty Ind Digital ETF | Unrated | 8.90 | — | — | 0.40 | 53 | -3.04 | — | 1Y 4M | 48.69 |
| ICICI Pru Technology Reg | Unrated | 5.99 | 27.41 | 19.95 | 1.76 | 10,722 | 12.14 | 1.00 (15) | 23Y 5M | 72.00 |
| Tata Digital Ind Reg | Unrated | 6.28 | 26.23 | 17.96 | 1.70 | 7,574 | 17.81 | 0.25 (30) | 7Y 7M | 25.54 |
| ABSL Digital Ind Reg | Unrated | 12.16 | 26.31 | 20.05 | 1.92 | 3,718 | 11.65 | 1.00 (30) | 23Y 7M | 31.00 |
| SBI Tech Opp Reg | Unrated | 9.71 | 27.10 | 19.26 | 1.98 | 3,081 | 15.20 | 0.50 (15) | 24Y 1M | 32.00 |
Portfolio Analysis of Tata Nifty India Digital ETF
| No. of Stocks | 30 |
| Top 10 Stocks | 65.75% |
| Top 5 Stocks | 38.51% |
| Top 3 Sectors | 99.47% |
| Portfolio P/B Ratio | 6.20 |
| Portfolio P/E Ratio | 30.11 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,10,677 | 2,73,602 |
| Giant (%) | 38.00 | 69.01 |
| Large (%) | 31.17 | 12.09 |
| Mid (%) | 30.40 | 17.20 |
| Small (%) | 0.43 | 4.10 |
| Tiny (%) | — | 0.08 |
Chanakya’s Mutual Fund Guidance For Tata Nifty India Digital ETF
Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven years.
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