TATA Digital India Fund – Your Gateway to a Brighter Future
We live in a technology-driven world, where almost every task is executed with the support of machines. The most basic machine is the calculator, which can do calculations of trillions in a few moments. There was a time when these little pocket calculators were considered a marvel of engineering, but are now randomly floating among the bunch of other mobile applications in our smartphones.
Since the world is shifting towards digitisation, many technology companies have popped up in the world that are giving awesome opportunities to make huge wealth. If you too desire to place your money on technology, then you must invest in TATA Digital India Fund. This is a high-end equity investment device that pins its majority wealth on the technology sector. It’s a great medium to make money in the modern world, by leveraging on the growing technological sector that is flourishing its branches across the globe.
To plan a flawless investment, it is important to acknowledge some details about TATA Digital India Fund (G). This article is peppered with a lot of information about this fund that will fill your mind with excellent visions to make a superb financial plan. So, without further ado, let’s get started!
How did it all begin?
With the establishment of a new government in India, many new reforms have been made to improve the overall stature of the country’s economy. One of the major steps taken by the government, besides the Make in India campaign, is to launch a Digital India Reform. Under this reform, the government plans to ensure that the government services are provided to the consumers through a robust online medium, powered by a flawless internet connectivity.
To fabricate this vision into reality, TATA Digital India Fund was launched at the sunset of the year 2015. The main mission of the fund is to act as a bridge between the companies involved in the technology sector and the aspiring investors who wish to invest in this segment. Till today, this fund remains one of the best funds launched by TATA Mutual Fund in terms of the wealth accumulated, as the assets recorded on 31st May 2019 amounted to ₹433 crore.
How has the fund performed so far?
In the last 3 years, TATA Digital India Fund – Regular Plan (G) has earned massive returns. The average score during this period stood at 14.17%, while the benchmark and the peers quite behind at 14.31% and 12.76%, respectively. Also, the average returns achieved till date by the fund come around 13%, which further gives an acknowledgement that it is one of the best-performing funds in India in the technology sector.
As per the latest reports on the growth of the fund, it was revealed that TATA Digital India has made a phenomenal come back in the last two years, leaving behind the peers and the benchmark by a hefty number. Since 2017, the fund is constantly gaining heights, thus raising the bar of the performance in the industry.
What advantage is there to invest in this fund?
If you choose to invest in TATA Digital India Fund (Growth), then you are actually enrolling yourself for the future wave of growth anticipated in the technology sector. As you all know, technology is currently the most powerful industry in the world. Hence, pinning your money on this sector will shoot you miles ahead in your wealth building process and help you to accomplish your goals at a much faster pace. Also, if you’re looking to make a long-term investment that can suffice your retirement needs, then you can plan that too with this fund as it will act as a tonic to your wealth aspirations.
Change is the nature of the universe, and those who don’t adapt with change perish. So, if you are looking for an investment that can help you accomplish your objectives, then you must invest in TATA Digital India Fund. This fund will not let your plans go outdated, and help you in pulling down a large sum of money by maturity.