Best SIP Date for Tata Digital India Fund – Direct Plan (Nov 2018)

Best SIP Date for Tata Digital India Fund – Direct Plan (Nov 2018)

The objective of Tata Digital India Fund – Direct Plan scheme seeks long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India. Let us notice the Best SIP date for this scheme that generated higher returns if the SIP had been started 1, 2 or more years ago.

Returns for Tata Digital India Fund-Direct Plan-Growth if the SIP was started 1 year(s) ago

Scheme: Tata Digital India Fund-Direct Plan-Growth
Scheme Code: 135800
Best SIP Date: 20 
Years Observed: 1 year(s) 
XIRR: 8.4%
Dates Considered
From: 16-Nov-2017 
To: 15-Nov-2018

SIP DateAverage NavUnitsTermsAmt InvestedAbsolute ReturnsXIRR %
2013.51168881.261012120000129995.9058.4
513.66248783.256912120000128561.4107.2
2513.73528736.704512120000127880.0176.7
1013.75848721.943112120000127663.9536.5
113.78168707.265812120000127449.1206.3
1513.85708659.867012120000126755.3395.7

*Returns over 1 year are annualized

The past 1 years of observations indicate that, having SIP date set to 20 of every month would have given the highest XIRR of 8.4%

An SIP of ₹ 10,000.00 scheduled 1 year(s) ago on every month’s 20 would have become ₹ 1,29,995.90 now.

Returns for Tata Digital India Fund-Direct Plan-Growth if the SIP was started 2 year(s) ago

Scheme: Tata Digital India Fund-Direct Plan-Growth
Scheme Code: 135800
Best SIP Date: 5 
Years Observed: 2 year(s) 
XIRR: 28.356%
Dates Considered
From: 16-Nov-2016 
To: 15-Nov-2018

SIP DateAverage NavUnitsTermsAmt InvestedAbsolute ReturnsXIRR %
511.321621198.347924240000310282.33828.356
2011.221421387.623724240000313052.78728.166
1011.390721069.796124240000308400.71228.032
1511.446720966.794424240000306893.06627.846
111.350821143.852824240000309484.68827.726
2511.306121227.535224240000310709.55527.686

*Returns over 1 year are annualized

The past 2 years of observations indicate that, having SIP date set to 5 of every month would have given the highest XIRR of 28.356%

An SIP of ₹ 10,000.00 scheduled 2 year(s) ago on every month’s 5 would have become ₹ 3,10,282.34 now.

Returns for Tata Digital India Fund-Direct Plan-Growth if the SIP was started 2.83 year(s) ago

Scheme: Tata Digital India Fund-Direct Plan-Growth
Scheme Code: 135800
Best SIP Date: 20 
Years Observed: 2.83 year(s) 
XIRR: 22.06%
Dates Considered
From: 29-Dec-2015 
To: 15-Nov-2018

SIP DateAverage NavUnitsTermsAmt InvestedAbsolute ReturnsXIRR %
2010.825931406.191934340000459695.57122.060
1510.878832172.806735350000470916.58922.054
2510.868631282.768234340000457889.00621.966
1010.869632199.970335350000471314.18521.908
510.874832184.612935350000471089.39721.663
110.890332138.787135350000470418.64121.390

*Returns over 1 year are annualized

The past 2.83 years of observations indicate that, having SIP date set to 20 of every month would have given the highest XIRR of 22.06%

An SIP of ₹ 10,000.00 scheduled 2.83 year(s) ago on every month’s 20 would have become ₹ 4,59,695.57 now.

Summary

Best SIP Date for Tata Digital India Fund-Direct Plan-Growth

Investment MadeBest SIP DateXIRR %
1 Year(s) Ago208.400
2 Year(s) Ago528.356
2.83 Year(s) Ago2022.060

*Returns over 1 year are annualized

If you have started an SIP of ₹ 10,000.00 in the scheme Tata Digital India Fund-Direct Plan-Growth :

  • 1 year(s) ago on every 20th of a month, then it would have yielded highest XIRR of 8.4% than they would have yielded on any other SIP initiation date.
  • 2 year(s) ago on every 5th of a month, then it would have yielded highest XIRR of 28.356% than they would have yielded on any other SIP initiation date.
  • 2.83 year(s) ago on every 20th of a month, then it would have yielded highest XIRR of 22.06% than they would have yielded on any other SIP initiation date.

Best SIP date for Tata Digital India Fund – Direct Plan is 5th of every month which has generated higher annualized returns above 28.356% in the past 2 years as of Nov 2018

Disclaimer: All analysis is based on the past performances. And this may not guarantee future returns. Please read the mutual fund documents carefully before investing.

Leave a Reply

Close Menu