NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Tata Digital India Fund Growth for NRI [53.98]

Min Investment

5,000

Fund Size

11,835.2 Cr

Expense Ratio

1.7%

Exit Load

0.25%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

53.98

0.97%

NAV as on 02 Dec 24, 12:00 AM

very high risk

sector technology

equity

NAV as on 02 Dec 24, 12:00 AM

very high risk

sector technology

equity

40.63%p.a.

Last 1Y

11.88%p.a.

Last 3Y

30.02%p.a.

Last 5Y

20.66%p.a.

Since Inception

About Tata Digital India Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Tata Digital India Fund Growth scheme from Tata Asset Management Limited. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Dec 2015, Tata Digital India Fund Growth is Sector - Technology fund of its category with 11,835.2 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.

  • Tata Digital India Fund Growth delivered 40.6% annual returns during the last year. It has delivered 20.7% average annual returns since the fund was launched.
  • Tata Digital India Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

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 Scheme does not assure or guarantee any returns.

Top 10 Holdings

Infosys Ltd

17.12%

Tata Consultancy Services Ltd

10.34%

Tech Mahindra Ltd

9.71%

Wipro Ltd

7.64%

HCL Technologies Ltd

7.44%

Zomato Ltd

5.94%

LTIMindtree Ltd

4.77%

Persistent Systems Ltd

3.45%

Firstsource Solutions Ltd

2.91%

Sonata Software Ltd

2.65%

Fund Managers

  1. Meeta Shetty (Mar 2021 - Present)
  2. Kapil Malhotra (Dec 2023 - Present)

Key Information

View Scheme Document

Tata Digital India Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Tata Digital India Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Tata Digital India Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Tata Digital India Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions