Tata Digital India Fund

Review Date: 03-04-2025

Beginning of Analysis

The 2 star rating shows a poor past performance of the Tata Digital India Fund in Technology Fund. The Tata Digital India Fund has a Jensen Alpha of -2.3% which is lower than the category average of -0.05%. The Tata Digital India Fund has a Sharpe Ratio of 0.08 which is lower than the category average of 0.16, showing poor performance.
The past performance of the {fund_name_eng} may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds.
Technology Mutual Funds

Tata Digital India Fund Return Analysis

• The fund has given a return of -4.92%, -20.26 and -16.01 in last one, three and six months respectively. In the same period the category average return was -2.36%, -16.91% and -13.89% respectively.
• Tata Digital India Fund has given a return of 2.68% in last one year. In the same period the Nifty India Digital TRI return was 4.94%. The fund has given 2.26% less return than the benchmark return.
• The fund has given a return of 5.39% in last three years and rank 3rd out of five funds in the category. In the same period the Nifty India Digital TRI return was 8.44%. The fund has given 3.05% less return than the benchmark return.
• Tata Digital India Fund has given a return of 32.26% in last five years and category average returns is 31.67% in same period. The fund ranked 2.0nd out of five funds in the category. In the same period the Nifty India Digital TRI return was 31.12%. The fund has given 1.14% more return than the benchmark return.
• The fund has given a SIP return of -15.86% in last one year whereas category average SIP return is -13.78%. The fund one year return rank in the category is 5th in 8 funds
• The fund has SIP return of 10.78% in last three years and ranks 3rd in 5 funds. Franklin India Technology Fund has given the highest SIP return (16.2%) in the category in last three years.
• The fund has SIP return of 16.56% in last five years whereas category average SIP return is 16.42%.

Tata Digital India Fund Risk Analysis

The fund has a standard deviation of 19.4 and semi deviation of 13.83. The category average standard deviation is 18.41 and semi deviation is 13.11. The fund has a Value at Risk (VaR) of -26.15 and a maximum drawdown of -21.52. The category average VaR is -23.57 and the maximum drawdown is -20.03. The fund has a beta of 0.99 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.

Very Good Performance in Technology Fund Category

Good Performance in Technology Fund Category

Poor Performance in Technology Fund Category

Very Poor Performance in Technology Fund Category