Tata Digital India Fund Review
In this article, we are going to review the “Tata Digital India Fund ‘’. Tata Digital India Fund majorly invests in equity and equity related instruments. They mainly invest in Information technology companies.
Age of the Fund:
The fund was launched on 28th December 2015. Despite being relatively new, the fund was created to suit the demand of the investors to get better returns.
Risk and Return of the Fund:
Every fund comes with its own considerable risk. The risk associated with these funds is very high and suitable for those investors, who have advanced knowledge of macro trends and prefer to take the selective bets for higher returns compared to other equity funds. Overall, it has performed well compared to the Nifty 50 benchmark.
Sources: (Money Control)
Expense Ratio of Tata Digital India Fund Review:
Every fund charged a certain amount of fees for the management. It is the money to be paid to the fund manager, expense related to maintenance as well as the marketing cost of the fund. Lower the fees better will be the returns. The expense ratio of this fund is 1.08%. Let’s look at the expense ratio of other funds:
|Fund Name||Expense Ratio|
|Sundaram Select Thematic Funds Financial Services Opportunities||2.82%|
|Taurus Banking and Financial Services Fund – Growth||2.46%|
|SBI Banking & Financial Services Fund||2.44%|
|Baroda Banking and Financial Services Fund||1.72%|
Top Holding of the Firm:
Let’s look at the top holding of the firm.
|Infosys Ltd||Computer Software|
|HCL Technology||Computer Software|
|Tech Mahindra Ltd||Software- Telecom|
|Wipro LTD||Computer Software|
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*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.