Tata Digital India Fund Review

Tata Digital India Fund is a Sectoral Fund Scheme which can invest in an open-ended equity scheme investing in Information Technology Sector.

Fund Overview:

The scheme's investment objective is to seek long-term capital appreciation by investing at least 80% of its net assets in equity/equity-related instruments of companies in India's Information Technology industry.

   Viz:

• Software
• ITeS
• Hardware

Why should we invest in Tata Digital India Fund?

It is a Sectoral fund/Thematic fund. Fund has 94.34% investment in Indian stocks of which 52.78% is in large cap stocks, 19.06% in mid cap stocks and 14.27% in small cap stocks. 

India has on mission of Digital India so that IT sectors are  performing really well in recent years. According to one article published in Business standard, The Indian IT industry is expected to touch $300-350 billion in terms of revenue over the next five years. So, it is perfect time to invest in Digital funds.

Who is the fund Manager?

With over 14 years of experience, Meeta Shetty is the fund manager for Tata Digital India Fund and Tata India Pharma & Healthcare Fund since November 2018. Meeta is a CFA Chartered Holder from CFA Institute, US, and a Bachelor in Economics.

Fund Performance History:

Regular Growth Plan

• One Time Investment (NAV as on 17th September 2021).

Period Invested for	₹ 10000 Invested on	Latest Value	Absolute Returns	Annualized Returns
1 Years	17/09/2020	19724.30	97.24%	97.24%
2 Years	17/09/2019	24631.00	146.31%	56.58%
3 Years	17/09/2018	23769.70	137.70%	33.42%
5 Years	16/09/2016	39666.50	296.67%	31.69%
Since Incorporate	26/12/2015	37449.90	274.50%	25.94%

Last six months' return is 44%. (all are the figure source is moneycontrol.com)

• SIP Returns (NAV as on 17th September 2021).

Period Invested for	₹1000, SIP Started on	Investments	Latest Value	Absolute Returns	Annualized Returns
1 Year	17/09/2020	12000	18246.65	52.06%	108.23%
2 Year	17/09/2019	24000	49207.02	105.03%	87.12%
3 Year	17/09/2018	36000	79474.31	120.76%	58.74%
5 Year	16/09/2016	60000	165014.87	175.02%	41.77%

     Direct Growth Plan

• One Time Investment (NAV as on 17th September 2021).

Period Invested for	₹ 10000 Invested on	Latest Value	Absolute Returns	Annualized Returns
1 Years	17/09/2020	20037.40	100.37%	59.96%
2 Years	17/09/2019	25444.40	154.44%	59.41%
3 Years	17/09/2018	24987.50	149.88%	35.66%
5 Years	16/09/2016	43181.20	331.81%	33.94%
Since Incorporate	26/12/2015	41258.80	312.59%	28.08%

• SIP Returns (NAV as on 17th September 2021).

Period Invested for	₹1000, SIP Started on	Investments	Latest Value	Absolute Returns	Annualized Returns
1 Year	17/09/2020	12000	18419.79	53.5%	111.53%
2 Year	17/09/2019	24000	50163.48	109.01%	903%
3 Year	17/09/2018	36000	81738.81	127.05%	61.12%
5 Year	16/09/2016	60000	173430.37	189.05%	43.95%

Fund size:  ₹ 2767.97 Cr., expense ratio: 0.5%, Risk-O-Meter: Very High, Fund House: Tata Mutual Fund.

Top 10 Holdings.

Infosys Ltd.	Tata Consultancy Services Ltd.
HCL Technologies Ltd.	Tech Mahindra Ltd.
Mphasis Ltd.	Indian Railway Catering and Tourism Corporation Ltd.
Presistent System Ltd.	L&T Technology Services Ltd.
Larson & Toubro Infotech Ltd.	Cyient Ltd.

Note: All details are collected form moneycontrol.com.

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Top 30 Mutual Funds For 2021-22, NJ Balanced Advantage Fund NFO, NJ Flexi cap Fund NFO, SBI Retirement Benefit Fund, Top 5 Advantages of Equity SIP.

Top 30 Mutual funds for 2021-22.

We all want to accumulate wealth, thus we invest in various investment vehicles such as bank deposits, stock markets, real estate, gold bonds, land, gold & silver, post deposits, LIC (which is insurance but is considered an investment in India), and Mutual Funds. I'm going to talk about mutual funds and give you information on the top thirty mutual funds for 2021-22.

We all know about mutual funds. Nowadays, after Covid-19, mutual funds are a hot favourite investment instrument for us. And why not? They are given handsome returns, especially after Covid-19. Some mutual funds give a return of more than 100%.

Click here for details of upcoming NFOs.

Banks cut their interest rates on fixed deposits and other term deposits, while mutual funds and the stock market became our top performing investment objectives.

List of the best profitable mutuals fund in India as under.

(analyses of last 5 years)

Top 5 Large cap funds.

1. IDBI India Top 100 Equity Fund -Growth 

2. Canara Rebeco Bluechip Fund -Direct Plan -Growth

3. Axis Bluechip fund -Direct Plan -Growth

4. BNP Praibas Large Cap Fund -Direct Plan -Growth

5. Kotak Bulechip Fund -Direct Plan -Growth

(Selection criteria minimum return @ 18.50% for 3 Years)

Top 5 Large & Mid-Cap Fund.

1. Mirae Asset Emerging Bluechip Fund -Direct Plan -Growth

2. DSP Equity Opportunities Fund -Direct Plan -Growth

3. Quant Large and Mid-cap Fund -Direct Plan -Growth

4. Canara Robeco Emerging Equities -Regular Plan -Growth

5. Edelweiss Large and Mid-cap Fund -Direct Plan -Growth

(Selection criteria minimum return @ 19% for 3 Years)

Top 5 Midcap Fund.

1. PGIM India Midcap Opportunities Fund -Growth

2. Quant Midcap Fund -Direct Plan -Growth

3. Kotak Emerging Equity -Direct Plan -Growth

4. Axis Midcap Fund -Growth

5. Nippon India Growth Fund -Direct Plan -Growth

(Selection criteria minimum return @ 22% for 3 Years)

Top 5 Smallcap Fund.

1. Quant Small cap -Growth

2. Kotak Small cap Fund -Direct Plan -Growth

3. Axis Small cap Fund -Direct Plan -Growth

4. ICICI Prudential Small cap Fund -Direct Plan -Growth

5. Sundaram Emerging Small cap -Series 6 -Direct Plan -Growth

(Selection criteria minimum return @ 25% for 3 Years)

Top 5 Multi cap Fund

1. Quant Active Fund -Direct Plan -Growth

2. Edelweiss Maiden Opportunities Fund -Series I -Direct Plan -Growth 

3. Edelweiss Recently Listed IPO Fund -Direct Plan -Growth

4. Mahindra Manulife Multi cap Badhat Yojana -Direct Plan -Growth

5. Kotak India Growth Fund -Series IV Direct Plan -Growth

(Selection criteria minimum return @ 25% for 3 Years)

Top 5 Flexi cap Fund

1. PGMI India Flexi cap fund -Direct Plan -Growth

2. DSP Flexi cap Fund -Direct -Growth

3. Parag Parikh Flexi cap Fund -Direct Plan -Growth

4. Canara Robeco Flexi cap Find -Direct Plan -Growth

5. UTI Flexi cap Fund -Direct -Growth

(Selection criteria minimum return @ 21% for 3 Years)

These are the funds which given good-looking returns in past 3 years and also currently doing good in current market too. The Stock market is on its best nowadays, so as Indian Economy also doing well. People are always looking to safe and high return giving option. Mutual funds are safer than investing in stocks. 

The mutual fun includes index funds, hybrid funds, contra funds, focused fund, value fund, and Equity mutual funds which are given taxation relief too. I will try to cover all funds in my next blog, so please stay connected.

Most important: all the details are collected form moneycontrol.com.

Details of Upcoming NFOs.

NJ Balanced Advantage fund 

NJ Flexi cap fund

Click here for more mutual funds and stock market ipo details.

NJ BALANCED ADVANTAGE FUND - NFO

 

NJ Balanced Advantage Fund is an open-ended Dynamic Asset allocation fund. This fund is suitable for those investors who are looking for Long Term Capital Growth & Dynamic asset allocation between equity and specified debt securities.

A new fund is being offered. It will open on October 8, 2021 and close on October 22, 2021.

Plans / Options:

• Regular Plan
• Direct Plan

Each Plan Offers the following two Options.

• Growth Option &
• Payout of Income Distribution cum Capital withdrawal Option (IDCW)  

Upcoming flexi cap fund - NJ FLEXI CAP FUND.

Face value: Rs.10/-

Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index

Minimum Application Amount: 500/- Rs. and multiples of 1/- Rs. thereof.

Exit Load:

If redeemed or switched out within 30 days of allotment, the exit load will be charged at 1% for the first 30 days, then it will be zero.

Transaction Charges:

• First time investor in a Mutual Fund, the distributor may be paid Rs.150/- as transaction charge per subscription of  Rs.10000/- and above.
• For existing investors in a Mutual Fund, the distributor may be paid Rs.100/- as transaction charge per subscription of Rs. 10000/- and above.
• In case of SIP's the transaction charge shall be applicable only if the total commitment through SIP's amount to Rs. 10000/- and above. In such cases, the transaction charge shall be recovered in 3-4 instalments.

Overview of SBI Retirement Benefit Fund

Levy of Stamp Duty on applicable on Mutual Fund Transaction will be 0.005%.

NJ Balance Advantage fund nfo asset allocation details.

Instruments	Indicative Allocations (% of total assets)		Risk Profile
	Minimum	Maximum	High/Medium/Low
Equity & Equity related instruments including Derivatives	0%	100%	Medium to High
Specified Debt Securities	0%	100%	Low to Medium

• The scheme may also invest in derivatives instruments to the extent of 50% of the net asset of the scheme. The scheme will not have a leveraged position in derivatives.  
• The scheme will not invest in foreign securities, securitized debt and equity linked debentures.
• The scheme will not invest in debt investments.

Where will the NJ Balanced Advantage fund invest?

1. Equity related instruments include convertible debentures, convertible preference shares, warrants carrying the right to obtain equity shares, equity derivatives and such other instrument as may be specified by the Board from time to time.
2. Equity Derivatives, which are financial instruments, generally traded on the stock exchange, the price of which is directly dependent upon the value of equity shares or equity indices. Derivative involve the trading of rights or obligations based on the underlying, but do not directly transfer property.
3. TREPS, Repo / Reverse (in Government securities), Treasury bills, cash and cash equivalents.
4. Government securities issued by central, state governments and other securities issued by RBI from time to time.

Top 5 Advantages of Equity SIP.

Who manages the fund?

Mr. Rishi Sharma. (B.Com, PGDBA)

Minimum Target Amount: Rs.10 Cr.

Annual Scheme Recurring Expenses:

• Investment Management and Advisory Fee up to 2.25%.
• Additional expenses up to 0.05%.
• Additional expenses for gross new inflows form specified cities up to 0.30%.

Sponsor of the Fund: NJ India Invest Private Limited.

NJ FLEXI CAP FUND

NJ Flexi Cap Fund is an open-ended dynamic equity scheme that invests in large-cap, mid-cap, and small-cap stocks.

The product is suitable for investors who are seeking:

• Long term capital growth.
• Investment predominantly in equity & equity related instruments.

Investment objective of NJ Flexi cap fund:

The investment objective of the scheme is to generate long-term capital appreciation by investing in equity and equity related instruments across market capitalizations.   

Overview of sbi retirement benefit fund.

Plans:

1. Regular Plan
2. Direct Plan 

each plan offers the following two Options:

1. Growth Option and
2. Payout of Income Distribution cum capital withdrawal option (IDCW)

Risk Factor:

Top 5 Advantages of Equity SIP

Face Value: 10/- Rs.

Benchmark: Nifty 500 TRI

Minimum Application Amount: 

Lump sum Investment: Rs. 500/- and multiples of Rs. 1/- thereafter.

Additional Application: Rs. 500/- and multiples of Rs. 1/- thereafter.

For SIP/STP & SWP: Rs. 500/- and multiples of Rs. 1/- thereafter.

Minimum Redemption: 

There will be no minimum Redemption criteria.

Mutual fund - A New Age Wealth Creator 

Transparency/ NAV Disclosure:

The AMC will calculate and disclose the first Net Asset Value within a period of 5 business days from the date of allotment. Subsequently, the AMC will calculate and disclose the NAVs on all business days.

Entry & Exit Loads:

Entry Load : Not Applicable

Exit Load: If redeemed / switch-out within 30 days of allotment, exit load will be charged @ 1%, thereafter exit load will be zero.

Transaction Charges:

• For a first time investors in a Mutual Fund, the distributor may be paid Rs.150/- as transaction charge per subscription of Rs. 10000/- and above.
• For existing investors in  a Mutual Fund, the distributor may be paid Rs.100/- as transaction charge per subscription of Rs. 10000/- and above.
• In case of SIP's, the transaction charge shall be applicable only if the total commitment through SIP's amounts to Rs. 10000/- and above. In such cases, the transaction charge shall be recovered in 3-4 instalments.

Levy of Stamp Duty on  Applicable Mutual Fund Transaction will be @ 0.005%.

Fund Manager:

Rishi Sharma (B.Com, PGDBA).

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Minimum Target Amount: 10 Crores only.

Details of Annual Scheme Recurring Expenses under the Scheme is as follows:

1. Investment Management & Advisory Fee: up to 1.85%
2. Maximum total expense ratio (TER) permissible up to 2.25%
3. Additional expense permissible up to 0.05%
4. Additional expense for gross new inflows from specified cities up to 0.30%.

Sponsor of the fund: NJ India Invest Private Limited.

Who is NJ India Invest Private Limited?

NJ Group is a leading player in Indian Financial Services industry known for its strong distribution capabilities. Mr. Neeraj Choksi & Mr. Jignesh Desai are two first generation entrepreneurs who began the journey of “NJ” in 1994. NJ group has 95+ offices in 19+ states with the 1475 employees. The group also manage 115000+ crores AUM with 20000+ active Distributors. 

List of industries where NJ group is engaged.

• NJ Wealth 
• NJ PMS
• NJ Insurance
• NJ Globe Invest
• NJ Capital
• NJ India Realty
• NJ Technologies
• Refresh Wellness 
• Q interior
• NJ Charitable Trust.

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Overview of SBI Retirement Benefit Fund

SBI Retirement Benefit Fund is an open-ended Retirement benefit scheme. The scheme has lock-in of 5 years or till retirement age, which ever is earlier.

Investment Objectives

The Objective of the scheme is to provide a comprehensive retirement saving solution that serves the variable needs of the investors through long term diversified investments in major asset classes.

Four types of plan launched under this scheme

1. SBI Retirement Benefit Fund- Aggressive Plan.

2. SBI Retirement Benefit Fund- Aggressive Hybrid Plan.

3. SBI Retirement Benefit Fund- Conservative Hybrid Plan.

4. SBI Retirement Benefit Fund- Conservative Plan.

Click here of UTI FOCUSED EQUITY FUND

Who should invest into which plan?

• Investor's who are looking for long term capital appreciation and  investment in predominantly in equity and equity related instruments should invest in SBI Retirement Benefit Fund- Aggressive Plan.
  
  
  
• Investors who are looking for long term capital appreciation, investment predominantly in equity and equity related instruments, and balance in debt and money market instruments should invest in SBI Retirement Benefit Fund- Aggressive Hybrid Plan.
• Investors who are looking for long term capital appreciation, investment predominantly in debt and money market instruments and balance in equity and equity related instruments should invest in SBI Retirement Benefit fund- Conservative Hybrid Plan.
• Investors who are looking for long term capital appreciation, investment predominantly in debt and capital market instruments, and remaining equity and equity and equity related instruments should invest in SBI Retirement Benefit Fund- Conservative Plan.

Click here for understanding of Top 5 Advantages of Equity SIP

Riskometer

• SBI Retirement Benefit Fund- Aggressive Plan
• SBI Retirement Benefit Fund- Aggressive Hybrid Plan 
• SBI Retirement Benefit Fund- Conservative Hybrid plan

• SBI Retirement Benefit Fund- Conservative Plan.

Asset Allocation

The asset allocation for each plan of the scheme, under normal conditions, shall be as follows.

Aggressive Pan:

1. Allocation in  Equity and Equity related instruments including equity ETFs, derivatives and foreign securities minimum 80% and maximum 100%, risk ratio High.
2. Allocation in Debt Securities including debt ETFs, securitized debt including debt derivatives and money marketing instruments minimum 0% and maximum 20%, risk ratio Low to Moderate.
3. Allocation in Unit issued by REIT and InvITs minimum 0% and maximum 10%, risk ratio Medium to High, and commodities including gold and gold rated instruments including Gold ETFs minimum 0% and maximum 20%, risk ratio Medium to High.

The  scheme may seek investments opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETFs/ETNs and debt securities subject to Regulations. Such investment may not to exceed 35% f the net assets of the scheme.

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Aggressive Hybrid Plan

1. Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 65% to 80%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 0% to 35%, with a risk ratio of low to moderate.
2. Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.

The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 15% of the net assets of the scheme.

Conservative Hybrid Plan

1. Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 10% to 40%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 60% to 90%, with a risk ratio of low to moderate.
2. Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.

The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 15% of the net assets of the scheme.

Conservative Plan

1. Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 0% to 20%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 80% to 100%, with a risk ratio of low to moderate.
2. Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.

The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 10% of the net assets of the scheme.

Benchmark Index

Each plan will have different benchmark.

Plans	Benchmark
Aggressive	BSE 500
Aggressive Hybrid	CRISIL Hybrid 35+60 –Aggressive Index
Conservative Hybrid	CRISIL Hybrid 65+35 –Conservative Index
Conservative	Nifty Composite Debt Index

Minimum Investment 

• The initial lump sum investment is 5000/-Rs., and subsequent investments are made in multiples of 1/-Rs.SIP investments start at 1000/-Rs. And increase in multiples of 1/-Rs.

Load Structure

• Entry Load- Not Applicable
• Exit Load- Redemption done before the lock in period then investors has to pay 1% of nav value.

Fund Manager

• Mr. Gaurav Mehta. (PGBM, IIM Lucknow, B.tech., IIT Bombay, CA, CPA)

Corporate Office, Trustee Company, Asset Management Company Address.

SBI Mutual fund, 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla, Complex, Bandra (East), Mumbai- 400051.

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TOP 5 ADVANTAGES OF EQUITY SIP.

Investment is a very essential for building a wealth and people need to do it with very discipline and systematically method. Nowadays, we all need to save 10% to 30% of our income in any investment schemes. Recently stock market performing well after corona and on 13th August 2020 Indian stock market cross 55000 landmarks. Here I am taking about STOCK SIP or EQUITY SIP in this article.

Equity SIP, like Mutual Fund SIP, is a particularly developed investing method that allows investors to invest in equities and equity indexes. It differs from typical stock market investments in that it provides specific benefits.

What is Equity SIP?

We are all know about SIP, and Equity SIP stands for setting up  a regular investment plan to invest in the equity market, as investor do for mutual funds. The result is building a wealth systematically average method system with minimizing a market risk over a period.

(also read:UTI Focused Equity Fund NFO, Nippon India Flexi cap Fund)

Equity SIP allowing investors to invest in stock market on regular basis. Now, many brokers are suggesting their client's to invest in stock SIP's through their platforms. Equity SIP's allow investors to put their funds in shares, index exchange-traded funds (ETFs), and gold exchange-traded funds in regular manner. Investor can invest their funds monthly basis instead of lump sum.

Because it invests substantially in high-yielding shares and stocks, as well as other traded commodities, equity SIP's can provide greater returns on investment than mutual funds.

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Advantages of Equity SIP

1. Reduces Risk because of Rupee Cost Averaging.

Rupee cost averaging is an approach in which investors invest a fixed amount of money at regular intervals. Investor now can enjoy rupee cost averaging benefits through Equity SIP's. Investors can invest their fund  monthly, weekly, and daily basis and avail stocks on different prices which provide them levarage of rupee costing averaging.

     2. Starting with small investments.

Investor can buy stocks on small investments with Equity SIP and build up their wealth systematically.

    3. Timing the market is not necessary.

With the Equity SIP's, investors do not have to watch the stock market every day and there is no need to depend on their brokers to provide them buying selling calls. 

    4.  Long term financial goal can be aligned with  Equity IP.

Investors can fulfil their long term financial goals with small investments by Equity SIP's like purchasing new car, home, children's education fees, and expensive world tours.

    5.  Disciplined approach towards Investment helps to control the emotions. 

Market volatility brings forth a range of emotions among investors. When the market runs up, there is a sense of excitement and euphoria among investors. And when it corrects, initial denial   gives fear and panic. But in Equity SIP's investors has no need to worry about correction in market due to systematic investment plan, investors kept going to invest their money in correction time to, and it will give them more profit  earning opportunities.