Invesco India Technology Fund vs Tata Digital India Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Technology Fund is a Sectoral fund and Tata Digital India Fund is a Thematic fund. In the year to 30-10-2026, Invesco India Technology Fund (Direct) returned 0.9% and Tata Digital India Fund (Direct) returned −11.1%. Invesco India Technology Fund charges 1.01% a year and Tata Digital India Fund 0.67% (Direct plans). Their portfolios overlap 47.8%: they hold 21 of the same securities.
Invesco India Technology Fund
Sectoral
- 1 year return
- 0.9%
- Expense ratio
- 1.01%
- NAV
- ₹10.22
Tata Digital India Fund
Thematic
- 1 year return
- −11.1%
- Expense ratio
- 0.67%
- NAV
- ₹49.21
Which is better, Invesco India Technology or Tata Digital India? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Invesco India Technology returned more over 1 year: 0.9% against −11.1%.
- Tata Digital India costs less: 0.67% a year against 1.01% (Direct plans).
- Invesco India Technology fell less in its worst fall since 25-09-2024: −28.1% against −33.3%.
- Tata Digital India holds more in large companies: 57.4% of the fund in large caps against 33.8%.
- Tata Digital India is the larger fund: ₹9,276 Cr against ₹317 Cr.
- Their portfolios overlap 47.8%: 21 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 | Invesco India Technology Fund | Tata Digital India Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | Tata Mutual Fund |
| Category | Sectoral | Thematic |
| AUM | ₹317 Cr (30-09-2026) | ₹9,276 Cr (30-09-2026) |
| NAV | ₹10.22 (Direct) | ₹49.21 (Direct) |
| Expense ratio (Direct) | 1.01% | 0.67% |
| Expense ratio (Regular) | 2.49% | 1.75% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty IT TRI | Nifty IT TRI |
| Launch date | 24-09-2024 | 28-12-2015 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | None | None |
| Fund managers | Hiten Jain, Aditya Khemani | Meeta Shetty, Hasmukh Vishariya |
| Exit load | Exit load of 0.50%, if redeemed within 3 months. | 0.25% of NAV if redeemed /switched out before 30 days from the date of allotment. |
Invesco India Technology vs Tata Digital India: 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 |
|---|---|---|---|---|---|---|---|
| Invesco India Technology Fund (Direct) | +6.68% | +2.10% | +12.80% | +0.89% | -- | -- | -- |
| Tata Digital India Fund (Direct) | +7.99% | −1.60% | +7.01% | −11.13% | +6.90% | +3.78% | +18.14% |
| Sectoral average | −1.70% | −4.49% | +2.30% | −0.58% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 20 Sectoral funds and the 235 Thematic funds, same plan type.
Invesco India Technology vs Tata Digital India: Year-wise Returns
| Year | Invesco India TechnologyInvesco India Technology | Tata Digital IndiaTata Digital India | Nifty IT TRI |
|---|---|---|---|
| 2026to date | +1.29% | −13.72% | −12.48% |
| 2025 | −4.54% | −8.60% | −10.44% |
| 2024 | -- | +32.37% | +24.42% |
| 2023 | -- | +33.81% | +26.30% |
| 2022 | -- | −22.00% | −24.46% |
| 2021 | -- | +77.28% | +62.35% |
Invesco India Technology vs Tata Digital India: Rolling Returns
Every holding period of both funds, against Nifty IT TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 268 of them, one for each trading day from 25-09-2025 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.
Invesco India Technology Fund (Direct)
Tata Digital India Fund (Direct)
Nifty IT TRI
to
Oct 2025Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco India Technology | 50.0 | 34.3 | 14.6 | 1.1 | 0.0 | 0.0 | 0.0 | 0.4% | −0.0% | −8.3% | 12.0% | 100% |
| Tata Digital India | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −11.1% | −11.2% | −22.3% | −0.1% | 97% |
| Nifty IT TRI | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −15.0% | −14.6% | −32.2% | −0.4% | -- |
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 IT 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 25-09-2024. Past returns do not promise future returns.
Invesco India Technology vs Tata Digital India: 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 25-09-2024 to 30-10-2026: 26 instalments, ₹2,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India TechnologyInvesco India Technology Fund (Direct) | ₹2,60,000 | ₹2,78,815 | ₹18,815 | 6.4% |
| Tata Digital IndiaTata Digital India Fund (Direct) | ₹2,60,000 | ₹2,41,975 | −₹18,025 | −6.3% |
Invesco India TechnologyInvesco India Technology Fund (Direct)
Tata Digital IndiaTata Digital India Fund (Direct)
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.
Invesco India Technology vs Tata Digital India: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India Technology Fund (Direct) | Tata Digital India Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.89% | −11.13% |
| Standard deviation | 17.16% | 18.78% |
| Sharpe ratio | -0.25 | -0.87 |
| Sortino ratio | -0.36 | -1.18 |
| Maximum drawdown | −22.6% (23-03-2026) | −25.5% (31-03-2026) |
| Beta | 0.49 | 0.67 |
| Alpha | +1.99% | −7.77% |
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 | Invesco India Technology Fund (Direct) | Tata Digital India Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.00% | +15.84% |
| Standard deviation | 18.10% | 18.46% |
| Sharpe ratio | -0.26 | 0.56 |
| Sortino ratio | -0.36 | 0.80 |
| Maximum drawdown | −28.1% (07-04-2025) | −33.3% (31-03-2026) |
| Beta | 0.58 | 0.82 |
| Alpha | +3.96% | +4.50% |
From daily NAVs, 25-09-2024 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.
Invesco India Technology Fund (Direct)
Tata Digital India Fund (Direct)
Nifty IT TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India Technology Fund (Direct) | −28.1% | 16-12-2024 | 07-04-2025 | Not yet | -- | −6.4% |
| Tata Digital India Fund (Direct) | −33.3% | 13-12-2024 | 31-03-2026 | Not yet | -- | −25.1% |
| Nifty IT TRI | −42.0% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.1% |
From daily values since 25-09-2024, 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.
Invesco India Technology Fund (Direct)
Tata Digital India Fund (Direct)
Nifty IT TRI
Against Nifty IT TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Invesco India Technology Fund (Direct) | 82% | 60% | 18.21% |
| Tata Digital India Fund (Direct) | 74% | 81% | 10.88% |
From month-end values since 25-09-2024. 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.
Invesco India Technology vs Tata Digital India: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Technology Fund, September 2026; Tata Digital India Fund, September 2026
Holdings in common
- Overlap
- 47.8%
- Held by both
- 21
- Only in Invesco India Technology
- 7
- Only in Tata Digital India
- 30
| Security | % of Invesco India Technology | % of Tata Digital India |
|---|---|---|
| Infosys Limited | 8.84% | 16.30% |
| Tech Mahindra Limited | 7.71% | 8.32% |
| Eternal Limited | 6.05% | 7.62% |
| Bharti Airtel Limited | 5.32% | 5.06% |
| Persistent Systems Ltd | 7.05% | 3.89% |
| Firstsource Solutions Limited | 2.78% | 2.08% |
| Dixon Technologies (India) Limited | 2.46% | 1.83% |
| PB Fintech Limited | 1.64% | 2.68% |
| Coforge Limited | 7.96% | 1.63% |
| MphasiS Limited | 3.48% | 1.38% |
| Swiggy Limited | 2.44% | 1.35% |
| Sonata Software Limited | 1.17% | 1.45% |
| Net web Technologies India Limited | 3.75% | 0.94% |
| eClerx Services Limited | 1.18% | 0.77% |
| Zensar Technologies Limited | 0.94% | 0.72% |
| Affle 3i Limited | 1.75% | 0.67% |
| Hexaware Technologies Limited | 3.21% | 0.54% |
| Meesho Ltd | 4.68% | 0.53% |
| L&T Technology Services Limited | 1.68% | 0.53% |
| Hitachi Energy India Limited | 2.71% | 0.27% |
| KPIT Technologies Limited | 0.99% | 0.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.8% means 47.8% 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 Invesco India Technology Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange of India Limited | 4.37% |
| FSN E-Commerce Ventures Limited | 4.01% |
| BSE Limited | 3.18% |
| Indegene Limited | 3.03% |
| Sedemac Mechatronics Limited | 2.95% |
Largest holdings only in Tata Digital India Fund
| Security | % of fund |
|---|---|
| TATA CONSULTANCY SERVICES LTD | 9.75% |
| HCL TECHNOLOGIES LTD | 3.56% |
| CYIENT LTD | 1.96% |
| CARTRADE TECH LTD | 1.74% |
| LTM LTD | 1.57% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Technology | Tata Digital India |
|---|---|---|
| Equity | 98.4% | 95.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.6% | 5.0% |
Market cap of stocks
| Market cap | Invesco India Technology | Tata Digital India |
|---|---|---|
| Large Cap | 33.8% | 57.4% |
| Mid Cap | 39.8% | 17.5% |
| Small Cap | 24.8% | 19.9% |
| Not on AMFI's list | 0.0% | 0.3% |
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 | Invesco India Technology | Tata Digital India |
|---|---|---|
| IT - Software | 42.6% | 53.6% |
| Retailing | 17.2% | 11.9% |
| Capital Markets | 7.5% | 1.0% |
| IT - Services | 7.2% | 4.9% |
| Telecom - Services | 5.3% | 6.0% |
| Financial Technology (Fintech) | 1.6% | 4.4% |
| Commercial Services & Supplies | 4.0% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Technology vs Tata Digital India: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Technology Fund | Tata Digital India Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.01% | 0.67% |
| Base expense ratio (Direct) | 0.79% | 0.49% |
| Total expense ratio (Regular) | 2.49% | 1.75% |
| Base expense ratio (Regular) | 2.10% | 1.49% |
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.
More comparisons
Each fund against the others of its category
Compare Invesco India Technology with
Invesco India Technology Fund vs Tata Digital India Fund: Frequently Asked Questions
What is the difference between Invesco India Technology Fund and Tata Digital India Fund?
Invesco India Technology Fund is a Sectoral fund, Tata Digital India Fund is a Thematic fund, run by Invesco Mutual Fund and Tata Mutual Fund. Their portfolios overlap 47.8%. Invesco India Technology Fund charges 1.01% a year and Tata Digital India Fund 0.67%.
Which has given higher returns, Invesco India Technology Fund or Tata Digital India Fund?
Over 1 year: Invesco India Technology Fund +0.89%, Tata Digital India Fund −11.13%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Invesco India Technology Fund or Tata Digital India Fund?
Tata Digital India Fund charges less: 0.67% a year against 1.01%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Technology Fund and Tata Digital India Fund overlap?
47.8%. They hold 21 of the same securities, the largest shared ones being INFY, TECHM, ETERNAL. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Technology Fund or Tata Digital India Fund?
On SEBI's riskometer, Invesco India Technology Fund is rated Very High and Tata Digital India Fund Very High. Over 1 years, the standard deviation of daily returns was 17.16% and 18.78% a year.
Can I invest in both Invesco India Technology Fund and Tata Digital India Fund?
Yes. 47.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Invesco India Technology Fund and Tata Digital India Fund?
Invesco India Technology Fund: Hiten Jain, Aditya Khemani. Tata Digital India Fund: Meeta Shetty, Hasmukh Vishariya.
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.