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This Sectoral Fund From TATA Has Given Good Returns In 5 Years, Check-Out Returns
Sectoral Fund is an equity fund as the name suggests, a sectoral fund that invests in firms in the same industry or sector as the investors. These funds allow investors to gain exposure to certain sectors of the economy by investing their whole portfolio in the same company. The economy does not move in lockstep with all industries. Sectors follow a cyclical pattern. They've got some nice ones and some poor ones.
Tata is India's biggest Private Sector player and is also one of the most trusted business entities. Tata Digital Fund is one sectoral fund that has given a promising return over the year. Here, we have analyzed the fund and returns it has given over the last 5 years to their investors.
Tata Digital Fund- Direct Plan (G)
| NAV | Fund Size | Fund Expense |
|---|---|---|
| ₹39.97 | ₹ 4899.56 Cr | 0.38% |
NAV as on 28 January 2022
The fund was launched on 28 December 2015. It is an open-ended fund. The fund has 90.84% investments in Indian equities, out of which 61.11% in large caps, followed by 14.82% in the mid-cap, and the rest 12.08% in small-cap stocks. Fund's expense ratio is low in comparison to its category average, 1.12%, which is good. Fund's turnover ratio is 40.32%, which is way low than its 120.55%, category average turnover ratio.
The fund aims to pursue long-term capital gains by investing 80% of its net assets in the equity-related securities of firms in the Informations Technology sector of India. Investors that have a thorough understanding of macroeconomic trends and seek to make selected bets for greater returns than other Equity funds. Nonetheless, even though the broader market is performing well, these investors should be prepared for moderate to large losses in their investments. If you do decide to invest, you must do it through a systematic investment plan (SIP).
The volatility of sectoral mutual funds is significant. Furthermore, any incorrect forecasting of market circumstances and development trends might result in significant losses. Investors who have a greater grasp of risk should invest in sector funds. It is a highly risky mutual fund.
Absolute and Annualised Returns
On the investment of INR 10,000 the Fund has given the following returns over the last 5 years:
| Period Invested for | Absolute Returns | Annualised Returns | Category Avg |
|---|---|---|---|
| 1 Year | 52.13% | 52.13% | 32.34% |
| 2 Year | 135.24% | 53.29% | 24.09% |
| 3 Year | 159.36% | 37.35% | 20.75% |
| 5 Year | 329.63% | 33.81% | 15.17% |
| Since Inception | 299.66% | 25.54% | 16.66% |
SIP Returns and Performance
On the SIP of INR 1,000 the Fund has given the following returns over the last 5 years:
| Period Invested for | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 19.11% | 37.00% |
| 2 Year | 74.56% | 64.11% |
| 3 Year | 100.12% | 50.57% |
| 5 Year | 156.00% | 38.63% |
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and carried forward from MoneyControl. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
