Blog

What is the future of Tata Digital India Fund?

What is the future of Tata Digital India Fund?

1. The Current Net Asset Value of the Tata Digital India Fund – Direct Plan as of 14 Dec 2021 is Rs 42.5506 for Growth option of its Direct plan….Basic Details.

Fund House Tata Mutual Fund
Riskometer Very High
Type Open-ended
Assets 4,194.72 Cr (As on 30-Sep-2021)
Exense 0.43\% (As on 31-Oct-2021)

Which type of fund is best for long term?

List of Long Duration Mutual Funds in India

Fund Name Category 1Y Returns
ICICI Prudential Technology Fund Equity 80.7\%
Quant Infrastructure Fund Equity 95.5\%
Quant Tax Plan Fund Equity 75.2\%
PGIM India Midcap Opportunities Fund Equity 70.5\%

Which digital Fund is best?

Frequently asked questions

Fund Name Fund Category 5 Year Return
ICICI Prudential Technology Fund Equity 33.97\%
Tata Digital India Fund Equity 34.95\%
Aditya Birla Sun Life Digital India Fund Equity 33.37\%
SBI Technology Opportunities Fund Equity 29.78\%
READ ALSO:   What to do if a classmate hates you?

Is Tata Digital India Fund Shariah compliant?

Fund Overview The investment objective of the scheme is to provide medium to long-term capital gains by investing in Shariah compliant equity and equity-related instruments of well-researched value and growth-oriented companies. Long Term Capital Appreciation.

Which investment gives more returns in India?

Top Investment Options in India

Investment Options Period of Investment (Minimum) Returns Offered
Public Provident Fund (PPF) 15 years 7.9 per cent
Bank Fixed Deposits 7 days Fixed Returns, different from bank to bank
Senior Citizen Savings Scheme (SCSS) 5 years 8.7 per cent
Real Estate 5 years 19-15 per cent

Which sector should I invest in 2021?

Top 5 Sectors to invest in, in 2021

  • – Banking: A number of sectoral mutual funds have increased their allocation in this sector of the economy, resulting in a higher proportion of banking and financial stocks in the market.
  • – Infrastructure:
  • – Pharmaceuticals:
  • – IT/ technology:
  • – Chemicals:
  • Conclusion.

Is tatatata Digital India mutual fund a good investment?

Tata Digital India mutual fund invest more on IT companies, Due to rupee value life time low IT companies are more benefited. I recommend to invest in this fund but only SIP not Lumpsum. Harness digital marketing analytics tools. How do you capitalize on consumer engagement? Learn to analyze interactions across all digital channels.

READ ALSO:   Do kids prefer cats or dogs?

Should you invest in technology mutual funds in India?

Some of India’s leading IT firms are Infosys, TCS, Wipro, Tech Mahindra, etc., that have immensely created a mark in this sector. Technology mutual funds in India have consistently provided an annualized return of 15 percent to 19 percent over a five year period.

What is the risk of investing in sectoral funds?

Just to highlight the volatility in concentrated fund like Tata Digital India mutual fund, this fund fell by almost 3\% in one single day when other funds fell by 2\% or lower on average. This is the risk of investing in a sectoral fund

What is a technology sector fund?

The technology sector is a category of equity sector fund that invest in companies that are involved in technological businesses, such as manufacturers producing computer software, computer hardware, or electronics & technological service industry companies, such as those providing information technology, etc.