Tata Nifty India Digital ETF Fund of Fund Direct Growth
Hybrid
Direct
Fund Of Funds
NAV as on 27-11-2024
₹ 15.47
▲0.9%
1D
Inception Returns
18.9%
/yr
About Tata Nifty India Digital ETF Fund of Fund Direct Growth
Tata Nifty India Digital ETF Fund of Fund Direct Growth is a hybrid fund. This fund was started on 22 April, 2022. The fund is managed by Meeta Shetty. This fund gives you the benefit of diversification.
Key Parameters
- Tata Nifty India Digital ETF Fund of Fund Direct Growth has ₹86 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Tata Nifty India Digital ETF Fund of Fund Direct Growth has given a CAGR return of 18.87% since inception. Over the last 1 year the fund has given a CAGR return of 39.62%.
Holdings
Tata Nifty India Digital ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Financial Services, Industrial.
Taxation
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Tata Nifty India Digital ETF Fund of Fund Direct Growth
To provide long-term capital appreciation by investing in Tata Nifty India Digital Exchange Traded Fund. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 150.00. Tata Nifty India Digital ETF Fund of Fund Direct Growth has no lock in period.
Historical NAV & Returns
Tata Nifty India Digital ETF Fund of Fund Direct Growth Overview
| Expense ratio | 0.07% |
Benchmark | Nifty India Digital TR INR |
| AUM | ₹86 Cr |
| Inception Date | 22 April, 2022 |
| Min Lumpsum/SIP | ₹5000/₹150 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 3.35% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (27-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 86.3 Cr as of Oct'24
- AUM increased by 2.9 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Tech, Communication & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Tata Nifty India Digital ETF | 99.87% | 10.7% |
Tata Nifty India Digital ETF Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹86 Cr
Expense Ratio 0.07%
Frequently Asked Questions for Tata Nifty India Digital ETF Fund of Fund Direct Growth
Tata Nifty India Digital ETF Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.28% | 4.28% |
6 Month Returns | 21.51% | 21.51% |
1 Year Returns | 39.62% | 39.62% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.