LIC MF Technology Fund vs Tata Digital India Fund
Direct Plan, Growth option · Data as on 30-10-2026
LIC MF Technology Fund is a Thematic fund and Tata Digital India Fund is a Thematic fund. LIC MF Technology Fund charges 1.07% a year and Tata Digital India Fund 0.67% (Direct plans). Their portfolios overlap 44.3%: they hold 20 of the same securities.
Which is better, LIC MF 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.
- Tata Digital India costs less: 0.67% a year against 1.07% (Direct plans).
- LIC MF Technology fell less in its worst fall since 19-03-2026: −6.8% against −10.8%.
- Tata Digital India holds more in large companies: 57.4% of the fund in large caps against 38.5%.
- Tata Digital India is the larger fund: ₹9,276 Cr against ₹90 Cr.
- Their portfolios overlap 44.3%: 20 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 | LIC MF Technology Fund | Tata Digital India Fund |
|---|---|---|
| Fund house | LIC Mutual Fund | Tata Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹90 Cr (30-09-2026) | ₹9,276 Cr (30-09-2026) |
| NAV | ₹11.33 (Direct) | ₹49.21 (Direct) |
| Expense ratio (Direct) | 1.07% | 0.67% |
| Expense ratio (Regular) | 2.81% | 1.75% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Teck TRI | Nifty IT TRI |
| Launch date | 13-03-2026 | 28-12-2015 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sumit Bhatnagar, Siddharth Panjwani | Meeta Shetty, Hasmukh Vishariya |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. | 0.25% of NAV if redeemed /switched out before 30 days from the date of allotment. |
LIC MF 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 |
|---|---|---|---|---|---|---|---|
| LIC MF Technology Fund (Direct) | +5.11% | +1.54% | +8.31% | -- | -- | -- | -- |
| Tata Digital India Fund (Direct) | +7.99% | −1.60% | +7.01% | −11.13% | +6.90% | +3.78% | +18.14% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
LIC MF Technology vs Tata Digital India: Year-wise Returns
| Year | LIC MF TechnologyLIC MF Technology | Tata Digital IndiaTata Digital India |
|---|---|---|
| 2026to date | -- | −13.72% |
| 2025 | -- | −8.60% |
| 2024 | -- | +32.37% |
| 2023 | -- | +33.81% |
| 2022 | -- | −22.00% |
| 2021 | -- | +77.28% |
LIC MF Technology vs Tata Digital India: Rolling Returns
Every holding period of both funds, against BSE TECK TRI, the benchmark of LIC MF Technology Fund
LIC MF 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 | LIC MF Technology Fund (Direct) | Tata Digital India Fund (Direct) |
|---|---|---|
| Return (CAGR) | +22.17% | +15.84% |
| Standard deviation | 12.78% | 18.46% |
| Sharpe ratio | 1.32 | 0.56 |
| Sortino ratio | 1.95 | 0.80 |
| Maximum drawdown | −6.8% (30-09-2026) | −33.3% (31-03-2026) |
| Beta | 0.53 | 0.82 |
| Alpha | +9.83% | +4.50% |
From daily NAVs, 19-03-2026 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.
LIC MF Technology Fund (Direct)
Tata Digital India Fund (Direct)
BSE TECK TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| LIC MF Technology Fund (Direct) | −6.8% | 28-08-2026 | 30-09-2026 | Not yet | -- | −2.1% |
| Tata Digital India Fund (Direct) | −10.8% | 03-08-2026 | 08-10-2026 | Not yet | -- | −3.2% |
| BSE TECK TRI | −11.5% | 08-04-2026 | 01-07-2026 | 29-07-2026 | 28 days | 0.0% |
From daily values since 19-03-2026, the first day every fund has.
LIC MF Technology vs Tata Digital India: Portfolio Overlap
From each fund's latest monthly portfolio: LIC MF Technology Fund, September 2026; Tata Digital India Fund, September 2026
Holdings in common
- Overlap
- 44.3%
- Held by both
- 20
- Only in LIC MF Technology
- 10
- Only in Tata Digital India
- 31
| Security | % of LIC MF Technology | % of Tata Digital India |
|---|---|---|
| Infosys Ltd. | 7.38% | 16.30% |
| Eternal Ltd. | 5.51% | 7.62% |
| Tech Mahindra Ltd. | 5.10% | 8.32% |
| Bharti Airtel Ltd. | 9.04% | 5.06% |
| Tata Consultancy Services Ltd. | 4.79% | 9.75% |
| Persistent Systems Ltd. | 6.48% | 3.89% |
| Coforge Ltd. | 3.01% | 1.63% |
| Cartrade Tech Ltd. | 1.51% | 1.74% |
| Mphasis Ltd. | 2.87% | 1.38% |
| PB Fintech Ltd. | 1.30% | 2.68% |
| One 97 Communications Ltd. | 1.31% | 1.27% |
| Rategain Travel Technologies Ltd. | 3.98% | 0.91% |
| Tata Communications Ltd. | 3.63% | 0.91% |
| GE Vernova T&D India Limited | 1.56% | 0.78% |
| Delhivery Ltd. | 2.73% | 0.74% |
| Affle 3i Ltd. | 2.36% | 0.67% |
| Cummins India Ltd. | 1.63% | 0.57% |
| L&T Technology Services Ltd. | 1.23% | 0.53% |
| NSE India Ltd. | 0.43% | 0.25% |
| Siemens Energy India Ltd. | 1.21% | 0.10% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.3% means 44.3% 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 LIC MF Technology Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange Of India Ltd. | 3.63% |
| BSE Ltd. | 2.55% |
| Lenskart Solutions Ltd. | 2.44% |
| FSN E-Commerce Ventures Ltd. | 2.23% |
| Apar Industries Ltd. | 2.17% |
Largest holdings only in Tata Digital India Fund
| Security | % of fund |
|---|---|
| HCL TECHNOLOGIES LTD | 3.56% |
| FIRSTSOURCE SOLUTIONS LTD | 2.08% |
| CYIENT LTD | 1.96% |
| DIXON TECHNOLOGIES (INDIA) LTD | 1.83% |
| LTM LTD | 1.57% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | LIC MF Technology | Tata Digital India |
|---|---|---|
| Equity | 87.6% | 95.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 12.4% | 5.0% |
Market cap of stocks
| Market cap | LIC MF Technology | Tata Digital India |
|---|---|---|
| Large Cap | 38.5% | 57.4% |
| Mid Cap | 35.2% | 17.5% |
| Small Cap | 13.5% | 19.9% |
| Not on AMFI's list | 0.4% | 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 | LIC MF Technology | Tata Digital India |
|---|---|---|
| IT - Software | 33.6% | 53.6% |
| Telecom - Services | 14.3% | 6.0% |
| Retailing | 11.7% | 11.9% |
| Capital Markets | 6.6% | 1.0% |
| Electrical Equipment | 6.4% | 1.4% |
| IT - Services | 3.6% | 4.9% |
| Financial Technology (Fintech) | 2.6% | 4.4% |
| Commercial Services & Supplies | 0.0% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
LIC MF Technology vs Tata Digital India: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | LIC MF Technology Fund | Tata Digital India Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.07% | 0.67% |
| Base expense ratio (Direct) | 0.62% | 0.49% |
| Total expense ratio (Regular) | 2.81% | 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 LIC MF Technology with
LIC MF Technology Fund vs Tata Digital India Fund: Frequently Asked Questions
What is the difference between LIC MF Technology Fund and Tata Digital India Fund?
LIC MF Technology Fund is a Thematic fund, Tata Digital India Fund is a Thematic fund, run by LIC Mutual Fund and Tata Mutual Fund. Their portfolios overlap 44.3%. LIC MF Technology Fund charges 1.07% a year and Tata Digital India Fund 0.67%.
Which has the lower expense ratio, LIC MF Technology Fund or Tata Digital India Fund?
Tata Digital India Fund charges less: 0.67% a year against 1.07%. These are the Direct plans' total expense ratios reported to AMFI.
How much do LIC MF Technology Fund and Tata Digital India Fund overlap?
44.3%. They hold 20 of the same securities, the largest shared ones being INFY, ETERNAL, TECHM. From each fund's latest monthly portfolio.
Which is riskier, LIC MF Technology Fund or Tata Digital India Fund?
On SEBI's riskometer, LIC MF Technology Fund is rated Very High and Tata Digital India Fund Very High. Over their common history, the standard deviation of daily returns was 12.78% and 18.46% a year.
Can I invest in both LIC MF Technology Fund and Tata Digital India Fund?
Yes. 44.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages LIC MF Technology Fund and Tata Digital India Fund?
LIC MF Technology Fund: Sumit Bhatnagar, Siddharth Panjwani. 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.