HDFC Nifty India Digital Index Fund vs Tata NIFTY India Digital Exchange Traded Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
HDFC Nifty India Digital Index Fund is an Index fund and Tata NIFTY India Digital Exchange Traded Fund is an Index fund. In the year to 30-10-2026, HDFC Nifty India Digital Index Fund (Direct) returned −7.7% and Tata NIFTY India Digital Exchange Traded Fund returned −7.8%. HDFC Nifty India Digital Index Fund charges 0.41% a year and Tata NIFTY India Digital Exchange Traded Fund 0.50%. Their portfolios overlap 93.9%: they hold 47 of the same securities.
HDFC Nifty India Digital Index Fund
Index
- 1 year return
- −7.7%
- Expense ratio
- 0.41%
- NAV
- ₹8.69
Tata NIFTY India Digital Exchange Traded Fund
Index
- 1 year return
- −7.8%
- Expense ratio
- 0.50%
- NAV
- ₹89.28
Which is better, HDFC Nifty India Digital Index or Tata NIFTY India Digital Exchange Traded? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Nifty India Digital Index returned more over 1 year: −7.7% against −7.8%.
- HDFC Nifty India Digital Index costs less: 0.41% a year against 0.50%.
- Tata NIFTY India Digital Exchange Traded fell less in its worst fall since 11-12-2024: −27.4% against −27.6%.
- Tata NIFTY India Digital Exchange Traded is the larger fund: ₹165 Cr against ₹141 Cr.
- Their portfolios overlap 93.9%: 47 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | HDFC Nifty India Digital Index Fund | Tata NIFTY India Digital Exchange Traded Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Tata Mutual Fund |
| Category | Index | Index |
| AUM | ₹141 Cr (30-09-2026) | ₹165 Cr (30-09-2026) |
| NAV | ₹8.69 (Direct) | ₹89.28 |
| Expense ratio (Direct) | 0.41% | Not available |
| Expense ratio (Regular) | 0.88% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Digital TRI | Nifty India Digital TRI |
| Launch date | 11-12-2024 | 31-03-2022 |
| Minimum investment | ₹100 | Not available |
| Lock in | None | None |
| Fund managers | Nandita Menezes, Arun Agarwal | Nitin Sharma, Rakesh Prajapati |
| Exit load | NIL | Nil |
HDFC Nifty India Digital Index vs Tata NIFTY India Digital Exchange Traded: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HDFC Nifty India Digital Index Fund (Direct) | +7.22% | +0.04% | +11.09% | −7.65% | -- | -- | -- |
| Tata NIFTY India Digital Exchange Traded Fund | +6.82% | −0.43% | +10.64% | −7.79% | +11.42% | -- | -- |
HDFC Nifty India Digital Index vs Tata NIFTY India Digital Exchange Traded: Year-wise Returns
| Year | HDFC Nifty India Digital IndexHDFC Nifty India Digital Index | Tata NIFTY India Digital Exchange TradedTata NIFTY India Digital Exchange Traded | Nifty India Digital TRI |
|---|---|---|---|
| 2026to date | −8.33% | −8.49% | −7.74% |
| 2025 | −2.33% | −2.43% | −1.82% |
| 2024 | -- | +33.74% | +34.56% |
| 2023 | -- | +39.16% | +39.99% |
HDFC Nifty India Digital Index vs Tata NIFTY India Digital Exchange Traded: Rolling Returns
Every holding period of both funds, against Nifty India Digital TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 217 of them, one for each trading day from 11-12-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
HDFC Nifty India Digital Index Fund (Direct)
Tata NIFTY India Digital Exchange Traded Fund
Nifty India Digital TRI
to
Jan 2026Mar 2025
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC Nifty India Digital Index | 86.6 | 13.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −5.6% | −5.7% | −16.8% | 3.8% | 0% |
| Tata NIFTY India Digital Exchange Traded | 84.3 | 15.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −5.5% | −5.6% | −16.6% | 3.9% | 0% |
| Nifty India Digital TRI | 82.0 | 18.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −5.1% | −5.2% | −16.4% | 4.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty India Digital TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 11-12-2024. Past returns do not promise future returns.
HDFC Nifty India Digital Index vs Tata NIFTY India Digital Exchange Traded: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 11-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC Nifty India Digital IndexHDFC Nifty India Digital Index Fund (Direct) | ₹2,30,000 | ₹2,30,946 | ₹946 | 0.4% |
| Tata NIFTY India Digital Exchange TradedTata NIFTY India Digital Exchange Traded Fund | ₹2,30,000 | ₹2,30,619 | ₹619 | 0.3% |
HDFC Nifty India Digital IndexHDFC Nifty India Digital Index Fund (Direct)
Tata NIFTY India Digital Exchange TradedTata NIFTY India Digital Exchange Traded Fund
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
HDFC Nifty India Digital Index vs Tata NIFTY India Digital Exchange Traded: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty India Digital Index Fund (Direct) | Tata NIFTY India Digital Exchange Traded Fund |
|---|---|---|
| Return (CAGR) | −7.65% | −7.79% |
| Standard deviation | 17.85% | 17.82% |
| Sharpe ratio | -0.72 | -0.73 |
| Sortino ratio | -0.98 | -0.99 |
| Maximum drawdown | −25.1% (31-03-2026) | −24.9% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.69% | −0.86% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | HDFC Nifty India Digital Index Fund (Direct) | Tata NIFTY India Digital Exchange Traded Fund |
|---|---|---|
| Return (CAGR) | −7.19% | +6.99% |
| Standard deviation | 18.44% | 17.65% |
| Sharpe ratio | -0.69 | 0.06 |
| Sortino ratio | -0.94 | 0.08 |
| Maximum drawdown | −27.6% (31-03-2026) | −27.4% (31-03-2026) |
| Beta | 1.00 | 0.99 |
| Alpha | −0.62% | −0.40% |
From daily NAVs, 11-12-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
HDFC Nifty India Digital Index Fund (Direct)
Tata NIFTY India Digital Exchange Traded Fund
Nifty India Digital TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Nifty India Digital Index Fund (Direct) | −27.6% | 16-12-2024 | 31-03-2026 | Not yet | -- | −14.0% |
| Tata NIFTY India Digital Exchange Traded Fund | −27.4% | 16-12-2024 | 31-03-2026 | Not yet | -- | −14.2% |
| Nifty India Digital TRI | −27.0% | 16-12-2024 | 30-03-2026 | Not yet | -- | −12.9% |
From daily values since 11-12-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HDFC Nifty India Digital Index Fund (Direct)
Tata NIFTY India Digital Exchange Traded Fund
Nifty India Digital TRI
Against Nifty India Digital TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC Nifty India Digital Index Fund (Direct) | 99% | 101% | 0.11% |
| Tata NIFTY India Digital Exchange Traded Fund | 98% | 101% | 0.44% |
From month-end values since 11-12-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
HDFC Nifty India Digital Index vs Tata NIFTY India Digital Exchange Traded: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty India Digital Index Fund, September 2026; Tata NIFTY India Digital Exchange Traded Fund, September 2026
Holdings in common
- Overlap
- 93.9%
- Held by both
- 47
- Only in HDFC Nifty India Digital Index
- 3
- Only in Tata NIFTY India Digital Exchange Traded
- 4
| Security | % of HDFC Nifty India Digital Index | % of Tata NIFTY India Digital Exchange Traded |
|---|---|---|
| HCL Technologies Ltd. | 7.48% | 8.06% |
| Eternal Limited | 7.31% | 9.11% |
| Tata Consultancy Services Ltd. | 7.53% | 7.10% |
| Infosys Limited | 7.60% | 6.87% |
| Bharti Airtel Ltd. | 7.53% | 6.83% |
| One 97 Communications Limited | 5.85% | 6.40% |
| Tech Mahindra Ltd. | 5.72% | 5.67% |
| INFO EDGE (INDIA) LIMITED | 3.83% | 4.23% |
| Coforge Limited | 3.60% | 3.56% |
| Fsn Ecommerce Ventures Limited (Nykaa) | 3.55% | 3.97% |
| Persistent Systems Limited | 3.39% | 3.35% |
| PB Fintech Limited | 3.06% | 3.33% |
| Swiggy Limited | 3.04% | 3.22% |
| VODAFONE IDEA LIMITED | 2.89% | 3.23% |
| Wipro Ltd. | 2.54% | 2.52% |
| LTM Limited | 2.22% | 2.19% |
| MphasiS Limited. | 1.69% | 1.67% |
| Tata Communications Limited | 1.58% | 1.76% |
| Oracle Financial Ser Software Ltd. | 1.50% | 1.47% |
| Meesho Limited | 1.69% | 1.15% |
| Indian Railway Catering And Tourism Corp Ltd | 1.11% | 1.24% |
| CarTrade Tech Limited | 1.01% | 1.11% |
| Bharti Hexacom Limited | 0.87% | 0.97% |
| Tata Technologies Limited | 0.72% | 0.71% |
| Tata Elxsi Ltd. | 0.63% | 0.62% |
| Physicswallah Limited. | 0.59% | 0.61% |
| Sagility Limited | 0.58% | 0.57% |
| AFFLE 3I LIMITED | 0.57% | 0.56% |
| Inventurus Knowledge Solutions Limited | 0.54% | 0.53% |
| L&T Technology Services Ltd. | 0.53% | 0.53% |
| Cyient Ltd. | 0.51% | 0.55% |
| Netweb Technologies India Limited | 0.53% | 0.50% |
| KPIT Technologies Ltd | 0.49% | 0.48% |
| TBO TEK LIMITED | 0.47% | 0.52% |
| URBAN COMPANY LIMITED | 0.44% | 0.48% |
| Hexaware Technologies Ltd. | 0.43% | 0.43% |
| Indiamart Intermesh Limited | 0.41% | 0.45% |
| Pine Labs Limited | 0.78% | 0.34% |
| Brainbees Solutions Limited (FirstCry) | 0.33% | 0.37% |
| Tejas Networks Limited | 0.33% | 0.36% |
| Intellect Design Arena Limited | 0.33% | 0.32% |
| Zensar Technologies Ltd. | 0.28% | 0.28% |
| Birlasoft Limited | 0.27% | 0.26% |
| BLS International Services Ltd | 0.21% | 0.24% |
| RailTel Corporation of India Limited | 0.19% | 0.21% |
| ITI Ltd | 0.19% | 0.22% |
| Tata Teleservices (Maharashtra) Ltd. | 0.14% | 0.16% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 93.9% means 93.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in HDFC Nifty India Digital Index Fund
| Security | % of fund |
|---|---|
| Black Box Limited | 0.22% |
| Fractal Analytics Limited | 0.21% |
| STERLITE TECHNOLOGIES LIMITED | 0.09% |
Largest holdings only in Tata NIFTY India Digital Exchange Traded Fund
| Security | % of fund |
|---|---|
| SONATA SOFTWARE LTD | 0.29% |
| NEWGEN SOFTWARE TECHNOLOGIES LTD | 0.18% |
| LATENT VIEW ANALYTICS LTD | 0.10% |
| C.E. INFO SYSTEMS LTD | 0.09% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty India Digital Index | Tata NIFTY India Digital Exchange Traded |
|---|---|---|
| Equity | 97.6% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | 0.0% |
Market cap of stocks
| Market cap | HDFC Nifty India Digital Index | Tata NIFTY India Digital Exchange Traded |
|---|---|---|
| Large Cap | 50.8% | 51.6% |
| Mid Cap | 35.3% | 36.9% |
| Small Cap | 11.5% | 11.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | HDFC Nifty India Digital Index | Tata NIFTY India Digital Exchange Traded |
|---|---|---|
| IT - Software | 45.9% | 45.5% |
| Retailing | 21.6% | 24.1% |
| Telecom - Services | 13.2% | 13.2% |
| Financial Technology (Fintech) | 9.7% | 10.1% |
| IT - Services | 4.2% | 4.0% |
| Leisure Services | 1.8% | 2.0% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty India Digital Index vs Tata NIFTY India Digital Exchange Traded: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty India Digital Index Fund | Tata NIFTY India Digital Exchange Traded Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.41% | Not available |
| Base expense ratio (Direct) | 0.30% | 0.34% |
| Total expense ratio (Regular) | 0.88% | Not available |
| Base expense ratio (Regular) | 0.71% | 0.00% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
HDFC Nifty India Digital Index Fund vs Tata NIFTY India Digital Exchange Traded Fund: Frequently Asked Questions
What is the difference between HDFC Nifty India Digital Index Fund and Tata NIFTY India Digital Exchange Traded Fund?
HDFC Nifty India Digital Index Fund is an Index fund, Tata NIFTY India Digital Exchange Traded Fund is an Index fund, run by HDFC Mutual Fund and Tata Mutual Fund. Their portfolios overlap 93.9%. HDFC Nifty India Digital Index Fund charges 0.41% a year and Tata NIFTY India Digital Exchange Traded Fund 0.50%.
Which has given higher returns, HDFC Nifty India Digital Index Fund or Tata NIFTY India Digital Exchange Traded Fund?
Over 1 year: HDFC Nifty India Digital Index Fund −7.65%, Tata NIFTY India Digital Exchange Traded Fund −7.79%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC Nifty India Digital Index Fund or Tata NIFTY India Digital Exchange Traded Fund?
HDFC Nifty India Digital Index Fund charges less: 0.41% a year against 0.50%. These are the total expense ratios reported to AMFI.
How much do HDFC Nifty India Digital Index Fund and Tata NIFTY India Digital Exchange Traded Fund overlap?
93.9%. They hold 47 of the same securities, the largest shared ones being HCLTECH, ETERNAL, TCS. From each fund's latest monthly portfolio.
Which is riskier, HDFC Nifty India Digital Index Fund or Tata NIFTY India Digital Exchange Traded Fund?
On SEBI's riskometer, HDFC Nifty India Digital Index Fund is rated Very High and Tata NIFTY India Digital Exchange Traded Fund Very High. Over 1 years, the standard deviation of daily returns was 17.85% and 17.82% a year.
Can I invest in both HDFC Nifty India Digital Index Fund and Tata NIFTY India Digital Exchange Traded Fund?
Yes. 93.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Nifty India Digital Index Fund and Tata NIFTY India Digital Exchange Traded Fund?
HDFC Nifty India Digital Index Fund: Nandita Menezes, Arun Agarwal. Tata NIFTY India Digital Exchange Traded Fund: Nitin Sharma, Rakesh Prajapati.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.