Tata Digital India Fund Regular Growth

• Alpha 0.64%
• Beta 0.94
• Sharpe Ratio0.07
• Std Deviation 20.01%
• Tracking Error 5.81%

The investment objective of the scheme is to seek 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.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

The Tata Digital India Fund Regular Growth has an AUM of 9238.58 crores & has delivered CAGR of 7.63% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 1.73%. The minimum investment in Tata Digital India Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Moderate respectively.

The top holdings of the fund include Infosys, Tata Consultancy Services, Tech Mahindra & Wipro.

The major sectors where the fund is invested are Software & Programming, Computer Services, Communications Services & Business Services.

Some of the similar funds are Franklin India Technology Fund Growth, SBI Technology Opportunities Fund Regular Growth, ICICI Prudential Technology Fund Growth, Tata Digital India Fund Regular Growth, Aditya Birla Sun Life Digital India Fund Growth. Tata Digital India Fund Regular Growth has a sharpe ratio of 0.07 & a standard deviation of 20.01%.